Congrats to our seller and buyer on this BofA Cooperative Short Sale that just closed today at a price of $198,500. That is a price of almost $100,000 less than what our sellers paid for this home in 2005. The home is located at 707 S Alder in the Sterling Park neighborhood of Sterling, VA. We listed the home for sale back in January of this year and worked hard to get it closed before the Tax Relief Act expires in a couple of months. Two lenders on this one – Bank of America and Select Portfolio Servicing (SPS). Both approved the short sale last week and both waived the deficiency of the unpaid balances on the sellers’ loans. We represented the buyer on this sale as well and here’s what he had to say about our ability to close this Bank of America Cooperative Short Sale:
Jennifer, Leslie, Peter, Edson
Thank you for your dedication on seeing this transaction through, in
spite of the difficulties and delays caused by banks.
Dealt with many people and organizations in my 50+ transactions from
the last couple of years, but this was by far the most organized,
pleasant and professional experience I’ve had. Thank you all again.
Please do not hesitate to call me for any cash deal, or if any deals
in progress need saving, for whatever reason. Have the cash, easy to
work with and can wait it out, go through the necessary hoops. Hope
that Peter would attest to this.
Thank you, Joseph
For more info on how we, the Jennifer Young Homes Team, can help you with your short sale, call me at (703) 774-9572 or email me at firstname.lastname@example.org. Here are the lender approval letters for this sale Bank of America & SLS Approval Letters.
***Bank of America Cooperative Short Sale APPROVED – Seller to Receive Over $12,000 in Relocation Assistance!