Alexandria Short Sale Approved by Suntrust – Seller More Than $156,000 Upside Down on Mortgage!

Alexandria Short Sale Approved by Suntrust

Seller More Than $156,000 Upside Down on Mortgage!

All deficiency rights are being waived on this one as well. These sellers are more than ready to get to closing on this short sale on Cheyenne Knoll in Alexandria. The subdivision is Windy Hill at Lincolnia…they bought at the height of the market and owe over $576K. We currently have it listed for $429,900 and it is expected to close this month. The approval letter on this one is below. Note that if the short sale does not make it to closing for some reason, the sellers have agreed to sign a Deed-in-Lieu with Suntrust within 15 days. We DO NOT want to see that happen. For more info on this case or to talk about your own situation, call me at (703) 774-9572 or email me at me.

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