The process was not easy, but with strong negotiating skills, a bit of magical problem solving, and a comprehensive marketing process, Nate achieved the difficult approval to close the home. The condo at Fairfax Ridge was a 2 bedroom / 2 bath condo on the 2nd level, took 88 days to close once we ratified the offer. Although the banks are working on their timelines and speeding up the short sale process, The 12:45 Team says this is a common length of time for the short sale to complete. This was a Chase short sale in Fairfax, Virginia and no deficiency will be pursued. The Mortgage payoff amount was $379,000. The Original List price was $240,000 and closed at $257,000 with the bank.
"There are no promises or guarantees in a Virginia short sale whether the lender(s) will approve the short sale or forgive the debt, but Short Sales offer an alternative to the damaging effects of a Virginia foreclosure."
Johnson uses a comprehensive Virginia Short sale system for sellers. Homeowners who are facing Virginia foreclosure can request that the 12:45 Team, consult with them about their needs. In addition, The 12:45 Team has created a custom hardship package allowing the homeowner to complete the documents required by the bank to ease the process.
"It takes more than an agent to properly work short sales. It takes a Team", says Nate Johnson, Leader of The 12:45 Team. "We have surrounded ourselves with talent from our administrative staff and Listing Managers to our processors and escrow. We want a lot of eyes on the transaction so it keeps moving down the timeline. Our short sale team is skilled, experienced, determined, and driven. They get the deal done"
CALL 571-494-1245 FOR SHORT SALE HELP NOW! -
The 12:45 Team is a group of experienced and skilled real estate agents specializing in distressed properties under the direction of Nate Johnson at Keller Williams Realty Fairfax.
There are times when tough questions deserve an honest answer. A question homeowners like yourself are asking every day is, "Do I short sale my home or stay and tough it out?" Either way, to make the best decision, you should have all of the information in front of you. …