Another Bank of America Short Sale SOLD in Fairfax – Condo Short Sale Expert Jennifer Young – Deficiency Rights Waived!

This is our 4th Short Sale Approved in East Market at Fair Lakes in Fairfax, VA. This is a great newer complex that a lot of buyers moved into during the height of the market. In this case, our client bought in 2007 for $470K with Bank of America – 2 trusts, with second being a HELOC. Our client successfully bought a new home in Maryland before short selling this condo, which he considered renting out, but rents in this neighborhood at the time were only around $2,000 while his monthly mortgage payment was closer to $3,300. So – he listed as a short sale with us and we closed on the sale on Friday for list price of $335,000. If you know anyone who might need our help with the short sale process, have them call me at (703) 774-9572 or email me at me. Here is the approval letter for this case: