Spotsylvania Single Family Short Sale Just SOLD!

11201 CINNAMON TEAL DR, SPOTSYLVANIA, VA 22553

Under Contract in 60 Days and SOLD! Congrats to our sellers who can now move on from this financially stressful situation! Great job team in getting this one listed, marketed, under contract, negotiated and SOLD!

Beautiful Cape Cod w/Open Floor Plan on 5 Private Acres w/access to Ni River Reservoir*Lg Exterior Deck & Patio to Private Woods*Lg Upper Rooms w/Jack-n-Jill Bath*Main Level Master Suite*Open Family w/Cathedral Ceilings into Lg Kitchen w/Huge Island- Pantry&Laundry*Finished Basement w/Poss 4th Bed,Living Room,Rec/Storage Rm&Office/Den+Full Bath* Beautifully Decorated*Close to Rt.3*Quiet & Peaceful

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

How to Sell a House with Young Kids! Staging and Cleaning tips!

So you are selling your home! Congratulations! And you have young kiddos! Good for you! Except….young kids and staging do not mix well.

Here are some tips that will help you stage while staying sane with young children in the home!

1. Purge and Store

You may have lots of extra toys and kids clothing that your kids do not even use anymore! Get rid of them! Not only does this clear out unneeded “stuff” to help your house look more organized, it will help jump start your packing since it will be less to move!

2. Baskets and Bins!!

So, realistically, you cannot get rid of all the toys. I mean, what are your kids going to do until your home sells?? But buyers do not want to see kids toys when they walk in for a showing. So practically, having extra bins and baskets to toss in the toys that are strewn around before you run out of the house for a showing can really help save you time and help keep your sanity.

3. Friends, Family, Babysitters, Park, Chuck E Cheese

Use any help you can get! When a showing comes up, you may have only 30 minutes to an hour to get ready and out the door. Make sure you have a list of places you can go for an hour or two until your showings are done.

4.Magic Erasers!

Markers on the wall? Smudges on the table? Scuffs on the floor? Make sure to have a stock of magic erasers for those quick fixes! You will not be able to live with kids in a spa

rkling house, but you can try very hard to maintain the sparkliness!

5. Go TEAM!

If your kids do not have chores, this could be a good time to instill some hard work. You get a call or text that you have a showing in 1 hour…. Johnny knows he needs to clean up

all the shoes, Sarah picks up all the toys and Tommy vacuums! Then you parents can worry about the other things you need to touch up quickly. Team effort can make showings much less stressful!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Beautiful 3 Bedroom Condo Short Sale Just Reduced in Ashburn!

42581 SUNSET RIDGE SQ, ASHBURN, VA 20148

BANK APPROVED AT $399,900! Quick approval! Beautiful 3 BR + loft, 2.5 bath TH/condo with garage & gorgeous views! Loads of upgrades, 9′ ceilings, hardwood floors, bright open floor plan! Living room w/cozy gas FP opens to dining & lovely gourmet kitchen w/granite, SS appls! Private MBR suite has sitting rm, luxury bath! Upper most level has loft with wet bar & balcony with scenic mountain views!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

 MR COOPER & CITI MORTGAGE Short Sale Approved and Under Contract!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

Both loans approved and deficiency rights are waived!

Here are the approval letters for your research purposes only:

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Aldie VA Short Sale Review and Testimony

Highly likely to recommend

“My home was successfully short sold by Jenn Young and her team, led by listing agent John Purvis. We 1st went on the market in July of 2017 and ended up finally closing in early April 2018. This long time was entirely due to initial buyers who apparently didn’t understand a short sale process,  and my unreasonable bank not processing things in a timely manner. But make no mistake about it, the team at Jenn Young Homes are experts in short sales. It truly seemed as if their team were the only ones who knew what was going on even when banks, buyers, or even myself did not. There is a lot of negotiating and behind the scenes work that goes on in a short sale, but they do it well!”

Thanks Marc for the kind words! It was wonderful to work with you and congrats on being able to move forward after the short sale! Best of Luck!

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Short Sale Owner’s Role Vs Foreclosure Owner’s Role

Short Sale Owner’s Role Vs Foreclosure Owner’s Role

The role of the owner in short sales is definitely different then their role in a foreclosure. Their are benefits to buying either a short sale or a foreclosure when it comes to finding a good deal but the role the owner plays in each scenario can be drastically different.

1. Motivation

A short sale owner is very motivated to sell their home. The owner is trying to sell their home before it goes into foreclosure. If they can avoid foreclosure, they avoid a lot of financial burden and long term consequences. So these owners are motivated to be on the buyer’s side.

Foreclosure owners on the other hand can be a huge issue. They do not want their house sold, and many will fight it tooth and nail. Sometimes, it is the buyers responsibility to evict the old owners once the house is bought. There have been times where the original owners have trashed their home out of spite. These issues do not arise in a short sale situation.

2. Price Agreement

The short sale owner does not usually worry about how much the buyer offers, as long as the bank approves it. They might be frustrated that they paid much more than the new buyer might be paying, but they are usually very grateful to just be out from under the financial burden of owing more than their house is worth.

3. Cooporation

Sellers for short sales are ready to cooperate with the buyers. They will try to keep their house in better shape than those in a foreclosure situation who may not want their house to sell or are so financially unstable that they cannot keep up with general house maintenance.

The owners of a short sale are much easier to work with and more motivated than those of a foreclosure. If you find yourself looking to buy short sales or in a position needing to short sell your home in the Northern Virginia area, please give us a call so we can help you through the process!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Gorgeous Short Sale Condo Bank Approved in Ashburn VA!

42581 SUNSET RIDGE SQ, ASHBURN, VA 20148

BANK APPROVED AT $399,900! Quick approval! Beautiful 3 BR + loft, 2.5 bath TH/condo with garage & gorgeous views! Loads of upgrades, 9′ ceilings, hardwood floors, bright open floor plan! Living room w/cozy gas FP opens to dining & lovely gourmet kitchen w/granite, SS appls! Private MBR suite has sitting rm, luxury bath! Upper most level has loft with wet bar & balcony with scenic mountain views!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

What is a Loan Modification and How Does Someone Get One?

What is a Loan Modification ?

A loan modification is basically when a homeowner facing hardship tries to work with their lender to change the terms of their mortgage loan to make it more affordable. Terms and conditions of a loan modification can vary depending on the lender involved. Adjustments to the loan can include temporary or permanent changes to the mortgage interest rate, terms of the loan and/or monthly payment amount. Be aware that past due amounts and/or the difference in the new lower monthly payments are typically rolled into the loan, and the new balance is re-amortized. This can put the homeowner in an even worse position, placing them further underwater when you compare the loan amount to market value of the home.

How does someone get a loan modification ?

Call your mortgage servicer and ask to be considered for a “Home Affordable Modification”, or HAMP. The number is on your monthly mortgage bill or coupon book. Honestly and clearly tell them about your situation. They will assess your financial state through phone calls and paperwork to determine whether you qualify for a loan modification. Keep copies of all mailings between you and the lender and take detailed notes on who you speak with and what you talked about. Details of your conversations give you documentation down the road if you are faced with foreclosure. Be sure to watch the clock on all of this though, because when you’re applying for a loan modification, you are on the lender’s time table and we’ve seen many homeowners who were still waiting for the loan modification when they received foreclosure paperwork in the mail. If you’ve been late on your mortgage or you’re at a point where you know you can’t pay on time anymore, call us and we’ll explain all of your options without the waiting! You can email me or you can apply for information online by clicking here apply online now. If you would prefer to discuss it on the phone, or set an appointment call me Toll Free at 866-433-6474 or call my cell directly at (703) 774-9572. We also have an agent to help our Spanish speaking clients, just call Mimi Tyrie at 703-542-3178.

Great Single Family Short Sale Available in Jeffersonton VA!

4206 LINDSAY CT, JEFFERSONTON, VA 22724

Beautiful colonial nestled on lovely private treed lot on DC side of Culpeper, just minutes to Warrenton! Beautiful hardwoods, crown moldings, wainscoting, large living rm w/stone FP opens to large screened porch & deck! Formal dining rm, kitchen w/breakfast bar & nook! MBR w/WI closet, bath w/jetted tub! Walk out LL has huge rec rm w/FP, 4th BR & full BA! Oversized garage! NO HOA, serene setting!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Is a Short Sale right for me?

Mortgage lenders are increasingly willing to work with borrowers faced with a financial hardship to accept a discounted payoff on a mortgage. If you are faced with a hardship that makes it likely you will be unable to meet your obligation on your mortgage, your lender would prefer to settle the matter with you as opposed to taking the property through foreclosure.

As you consider the option of pursuing a Short Sale, remember your lender is looking to limit any potential loss on your loan. By completing a Short Sale, your lender has arrived at a solution that is, for them, much better than a foreclosure. Bottom line, your lender wants to work with you.

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Burke Single Family Short Sale Home Under Contract in 27 Days!

10111 SCHOOLHOUSE WOODS CT, BURKE, VA 22015

Lovely 4 bedroom, 2.5 bath home on quiet cul-de-sac in amenity filled Burke Centre community. Hardwoods, crown, molding. Sun filled kitchen has bay window breakfast nook & French doors to dining room. Large living room w/wood burning FP opens to deck and fenced rear yard! Large MBR has walk-in closet & full bath. Finished LL has rec rm w/wood wainscotting, laundry room & loads of storage space!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Gorgeous Short Sale Condo Just Listed in Ashburn VA!

42581 SUNSET RIDGE SQ, ASHBURN, VA 20148

Beautiful 3 BR + loft, 2.5 bath TH/condo with garage & gorgeous views! Loads of upgrades, 9′ ceilings, hardwood floors, bright open floor plan! Living room w/cozy gas FP opens to dining & lovely gourmet kitchen w/granite, SS appls! Private MBR suite has sitting rm, luxury bath! Upper most level has loft with wet bar & balcony with scenic mountain views! Fantastic amenities, pool, clubhouse, more!

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home or sell your home!

Jennifer Young Homes Team

Keller Williams Realty

703-651-5655

Great Single Family Short Sale Just Reduced in Burke VA!

10111 SCHOOLHOUSE WOODS CT, BURKE, VA 22015

Lovely 4 bedroom, 2.5 bath home on quiet cul-de-sac in amenity filled Burke Centre community. Hardwoods, crown, molding. Sun filled kitchen has bay window breakfast nook & French doors to dining room. Large living room w/wood burning FP opens to deck and fenced rear yard! Large MBR has walk-in closet & full bath. Finished LL has rec rm w/wood wainscotting, laundry room & loads of storage space!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Stafford Short Sale Approved By Ditech and Sandy Spring Bank!

228 Macgregor Ridge Rd, Stafford, VA 22554

Terrific 2 BR, 2.5 bath colonial w/ carport on lovely 1.13 acre tree lined lot*Walking distance to river w/winter river views!*Needs some TLC but, so much to offer! Large fam rm. brick hearth wood burning FP leads to rear deck & large level yard, sheds. Separate dining rm w/hardwd floors. Updated eat in kitchen has SS appliances!Septic records say 2 BR & 4 person occ. but, a 3rd BR/den is in place

We worked hard negotiating with both loans to get them both approved! Great job team! Let’s get this house closed for our clients now!

Here are the approval letters for your research purposes only.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Successful Single Family Short Sale Just Sold in Stafford!

228 MACGREGOR RIDGE RD, STAFFORD, VA 22554

Terrific 2 BR, 2.5 bath colonial w/ carport on lovely 1.13 acre tree lined lot*Walking distance to river w/winter river views!*Needs some TLC but, so much to offer! Large fam rm. brick hearth wood burning FP leads to rear deck & large level yard, sheds. Separate dining rm w/hardwd floors. Updated eat in kitchen has SS appliances!Septic records say 2 BR & 4 person occ. but, a 3rd BR/den is in place

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Be Aware of Loan Modification Scams!

Homeowners who are struggling to make their mortgage payments need to be aware of con artists that promise to save their homes and lower their mortgage debt or their payments.

Watch out for:

• No special assistance is needed to apply for a HAMP modification and paying a third party does not improve your likelihood of obtaining one. Beware of persons claiming to be HAMP experts. Homeowners can make application on their own or with the help of a Housing and Urban Development (HUD) approved housing counselor. Applying for the program is always free.
• No third party can approve a modification; this can only be done by the loan servicer.
• No advance fee is necessary for mortgage modification services and in most cases charging in advance for a modification is illegal.
• Homeowners should verify the authenticity of any individual or company that claims to be affiliated with HAMP or displays a seal or logo representing the U.S. government by calling the Homeowner’s HOPE^TM Hotline.
• Beware of individuals or companies that offer money-back guarantees or that advise stopping mortgage payments or not contacting the mortgage servicer.

The key is to look for help that requires NO FEES! If you have questions about the loan modification you’re already taking part in, or if you’re in any kind of trouble with your mortgage, call me at (703) 774-9572 or email me. We’ve helped hundreds of homeowners and we can help you too.

We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Single Family Short Sale Just Listed in Burke VA!

10111 SCHOOLHOUSE WOODS CT, BURKE, VA 22015

Lovely 4 bedroom, 2.5 bath home on quiet cul-de-sac in amenity filled Burke Centre community. Hardwoods, crown, molding. Sun filled kitchen has bay window breakfast nook & French doors to dining room. Large living room w/wood burning FP opens to deck and fenced rear yard! Large MBR has walk-in closet & full bath. Finished LL has rec rm w/wood wainscotting, laundry room & loads of storage space!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Gainesville Town House Short Sale SOLD!

8881 SCREECH OWL CT, GAINESVILLE, VA 20155

4 bedroom, 3.5 bath home with 2 car attached garage in fantastic community! Hardwood flooring, crown molding on main level. Living rm opens to kitchen with corian counters, island, breakfast bar and newer SS fridge & leads to deck. MBR has WI closet, full bath w/soaking tub, sep shower, double vanity. BR level laundry. Finished LL with large rec room, full bath walks out to brick patio!

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Beautiful Single Family Short Sale Just Listed in Jeffersonton VA!

4206 LINDSAY CT, JEFFERSONTON, VA 22724

Beautiful colonial nestled on lovely private treed lot on DC side of Culpeper, just minutes to Warrenton! Beautiful hardwoods, crown moldings, wainscoting, large living rm w/stone FP opens to large screened porch & deck! Formal dining rm, kitchen w/breakfast bar & nook! MBR w/WI closet, bath w/jetted tub! Walk out LL has huge rec rm w/FP, 4th BR & full BA! Oversized garage! NO HOA, serene setting!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

What Scares a Buyer about Short Sales?

What is so scary about a short sale? Not much really… But short sales are not as familiar to buyers and so they might have some big questions before they are ready to buy one.

How long will a short sale take?

Despite the name, short sales are not quick. A Short Sale can typically take 3-9 months to complete. Some even take over a year. This may seem too long to wait but the process can be well worth it if it helps you avoid foreclosure.

Why does a short sale take so long?

The reason a short sale takes so long is because you are basically asking the bank to lose money. They have a process, as annoying as it is to wait for, they will be sure to dot all their i’s before they grant a short sale. The process can be even more tedious if there are any issues with the buyer’s funding or offer. Your bank has to approve all aspects of the short sale including the offer, home inspection, buyer, appraisal and more.

Is it worth buying a short sale?

Many buyers are concerned when they see a short sale. And there are reasons to be more aware of what buying a short sale involves. But there are some very valid reasons to decide to pursue buying a short sale!!

–You Fell in Love with the Home!

This is obviously a good reason to pursue buying a short sale! People have the misconception that short sales are broken and worn down homes that are undesirable and that is why they are being sold as a short sale. But this is false! A home being sold as a short sale could be a very well loved and up kept home! And even if it needs some updates or extra care, it may be the perfect size and location for your family and is worth putting some equity into it!

–It is a Good Deal!

Some short sales are priced below market value and you are able to get them for less than they are worth. This is not usually the case because the bank is trying to make back as much as they can and not lose money! But they also do not want a house sitting for months or going into foreclosure. So as long as you have a good realtor who is familiar with short sales and negotiating with the bank, they may be able to help get the best price for the property!

–Less Competition!

Being under priced is not the only reason a home could be a good deal. If there are few homes on the market or it is a very competitive market with buyers snatching up homes as soon as they are listed, then a short sale may be a great way for you to go! Many buyers are uneducated about the short sale process and therefore will steer clear of them. Which will mean less interest in an otherwise competitive market!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Ditech Short Sale Successfully Approved and Sold in Manassas VA!

8586 Brickshire Ln,Manassas, VA 20112

Beautiful 5 BR, 5.5 bath home w/4 finished levels backing to trees in great location! Open floor plan, 9′ ceilings, hardwood on all levels! Freshly painted! Formal LR & DR, gourmet kitchen w/granite, brkfast bar opens to fam rm w/stone FP, huge custom deck. MBR w/sitting rm, lux BA. WI closets, BR level laundry. Private 4th level w/sitting rm, BR, BA! Finished LL w/rec rm & wet bar, den, full BA!

Ditech & Suntrust Short Sale Approvals with all deficiency rights being waived.  We got this short sale approved and sold in the time frame! Congrats to our clients and great job team getting this one under contract, approved and SOLD!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Can you Negotiate the List Price for a Short Sale?

This is a simple question with a multi layered answer.

The quick answer is, yes, you can negotiate the sales price of any home on the market. In the case of a short sale, the first question you should ask the realtor before you make an offer is if the list price is lender approved. A short sale is a sale that the bank is agreeing to take less money then is owed on the house. Since the bank is involved, they have to approve of the sale price before it can go to closing.

Banks can be sticklers with price.

Banks can be sticklers because much of the time they are already losing money. But a bank also wants to avoid foreclosure which is the next step if a short sale cannot be approved. If the listing agent has experience with short sales then your chances are higher of being able to successfully negotiate the price.

Expect time delays.

If it is already an approved short sale, it can speed up the process, especially if you offer the already approved price. But if you offer lower, it may need to go through a few offices in the bank to be approved, which can take 3 months or even longer.

If you love the home but it is priced out of your budget or above market value, it may be worth a try in negotiating the price.

You will want your realtor to submit a report of comparable sales to show what the true value of the home may be in today’s market. You will want the short seller’s paperwork in order so if they do not have all of their requirements handed in to their bank, make sure they do before you even place your offer.

You will also want to remind yourself to be patient as it can be a waiting game to hear back from the bank if they accepted or not. Your realtor and the listing agent may be able to place calls into the bank to keep this short sale on the top of their pile.

Best of luck! If you are looking to buy or sell a short sale in the Northern Virginia area we would love to help you through this difficult process. We have successfully negotiated and closed on over 300 short sales. Let us be on your team to make it work!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Beautiful Single Family Short Sale Under Contract!

11201 CINNAMON TEAL DR, SPOTSYLVANIA, VA 22553

Beautiful Cape Cod w/Open Floor Plan on 5 Private Acres w/access to Ni River Reservoir*Lg Exterior Deck & Patio to Private Woods*Lg Upper Rooms w/Jack-n-Jill Bath*Main Level Master Suite*Open Family w/Cathedral Ceilings into Lg Kitchen w/Huge Island- Pantry&Laundry*Finished Basement w/Poss 4th Bed,Living Room,Rec/Storage Rm&Office/Den+Full Bath* Beautifully Decorated*Close to Rt.3*Quiet & Peaceful

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Short Sale Seller in Aldie, VA 5 Star Review

Thanks to our recent short sale seller in Aldie, VA who gave us a 5 star review for our sales and negotiating experience. Thanks for your trust Mark! 

 

Highly likely to recommend

 

My home was successfully short sold by Jen Young and her team, led by listing agent John Purvis. We 1st went on the market in July of 2017 and ended up finally closing in early April 2018. This long time was entirely due to initial buyers who apparently didn’t understand a short sale process,  and my unreasonable bank not processing things in a timely manner. But make no mistake about it, the team at Jen Young Homes are experts in short sales. It truly seemed as if their team were the only ones who knew what was going on even when banks, buyers, or even myself did not. There is a lot of negotiating and behind the scenes work that goes on in a short sale, but they do it well!

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Gainesville Short Sale Town House Under Contract!

8881 SCREECH OWL CT, GAINESVILLE, VA 20155

REDUCED! 4 bedroom, 3.5 bath home with 2 car attached garage in fantastic community! Hardwood flooring, crown molding on main level. Living rm opens to kitchen with corian counters, island, breakfast bar and newer SS fridge & leads to deck. MBR has WI closet, full bath w/soaking tub, sep shower, double vanity. BR level laundry. Finished LL with large rec room, full bath walks out to brick patio!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

How to Make an Offer on a Short Sale Property

How Much Should You Offer on a Short Sale?

What is the perfect offer? You want a deal but you also want the house. If you offer too low, the seller and bank may be offended. If you offer too high, you could have missed out on a discount or lower price with negotiations. With a short sale, your offer is not only going to the seller but also the seller’s bank. It could take longer to have your offer reviewed so you really want to be sure you offer the right amount the first time. The bank could still come back with a counteroffer.

Here are some tips to think about before you submit your offer:

1. Look at Comparables

What is the average price per square foot in the neighborhood? What have recent similar nearby homes sold for? Are there repairs needed or recent updates that could affect the purchase price? Your realtor should have researched these aspects and if they haven’t, urge them to or find another realtor. Knowing what similar homes are selling for will give you an idea of the fair market value.

2. What can you afford?

Do not offer more than you can afford and you may want to offer a bit less than you can afford in case they counter back with a higher offer. If you are looking at a home above your price range and hoping they will accept your lower offer so you can afford it, be prepared to walk away.

3. How long has it been on the market?

If this home has been sitting on the market more than 2 months without any offers, than maybe it is priced wrong or there is something that is turning buyers away. You may be able to get the price down if it has been sitting for a while.

4. Make your offer an odd number

This may sound strange but round numbers sound like every other offer out there. Going with an offer of $281,900 or $283,000 instead of $180,000 may actually stand out and make the seller think you have really thought through your numbers.

5. Make an escalation offer

This is a clause you can put in your offer stating you will pay X amount more than another offer up to certain amount. For example, you offer $155,000 but your escalation clause says you will pay $1,000 more than another offer up to $165,000. This helps your offer stand out in a situation of multiple offers but also keeps you from having to pay more than what is needed for a home. If this escalation clause is put into action, the sellers usually must show you the other offer as proof.

We hope these tips help you figure out how to make a better offer on your dream home!

If you are looking to buy or sell in the Northern Virginia area, this is a great time! Please give our team a call! We would love to help you find your dream home!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Wells Fargo Short Sale Success with 2 Liens Approved!

24663 Buttonbush Ter,Aldie, VA 20105

Beautiful 2 BR, 2.5 bath home w/attached garage in amenity filled location!. Hardwd flooring, 9′ ceilings, crown molding, plantation shutters. Sun filled living rm opens to front balcony. Formal dining room off gourmet kitchen w/granite counters & breakfast bar. MBR has WI closet, luxury bath w/soaking tub, sep shower & dual vanity. Second BR w/attached full bath. Convenient to shopping & dining!

This town house had 2 Wells Fargo liens with successful approvals for both!

1st trust unpaid balance: $275,194.13

2nd trust unpaid balance $67,085.40

Sales contract: $290,000

Deficiency: Waived

Proceeds towards second lien: $6,000

Wells Fargo took a loss of over $70,000 and also agreed to waive deficiency rights on both loans. Congrats to our clients and great job team getting this one under contract, approved and sold in the bank’s time frame!

Here are both approval letters for your research purposes only.

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Spotsylvania Single Family Short Sale Under Contract!

11201 CINNAMON TEAL DR, SPOTSYLVANIA, VA 22553

Beautiful Cape Cod w/Open Floor Plan on 5 Private Acres w/access to Ni River Reservoir*Lg Exterior Deck & Patio to Private Woods*Lg Upper Rooms w/Jack-n-Jill Bath*Main Level Master Suite*Open Family w/Cathedral Ceilings into Lg Kitchen w/Huge Island- Pantry&Laundry*Finished Basement w/Poss 4th Bed,Living Room,Rec/Storage Rm&Office/Den+Full Bath* Beautifully Decorated*Close to Rt.3*Quiet & Peaceful

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

What You Should Know Before Buying A Short Sale

Buying a short sale can be a great option for house hunters. But it is best to go into it with some understanding of what to expect!

Short Sales Usually Take a Few Months to Close

The word Short in Short Sale does NOT mean it will close quickly! Short Sale really means that the sale of the house will fall short of the loan amount. A short sale typically takes between 3-6 months to close. The reason for the delay is the third party of the bank having to approve all the interactions between buyers and sellers.

Short Sales Typically Sell close to Market Value

A big misconception about short sales is that you can get a big discount. This is not always the case. The bank accepting a short sale from the owner is looking to get as much money as they can. If they are going to lose too much money, a foreclosure is their favored option.

But just because you will not get a huge price reduction on a short sale does not mean you cannot find a deal, especially in a seller’s market. When there are more buyers and less inventory, a short sale can be a great option! You will have less competition and usually can get it for a little under market value.

The Success Rate of Your Realtor in Closing Short Sales REALLY Matters

Find out who you are working with. If you are planning to buy a short sale, it is very important to make sure your realtor is in the Know! A realtor that knows how to negotiate with the banks can make a huge difference in your success of the short sale. A short sale is not a guarantee and to be able to work with a realtor that has had many successful short sale transactions will greatly improve your chance of success and even how quickly you can close with a short sale.

The Best Offer Grabs the Banks Attention

Low balling a bank is not the best option. If you found the home you want and you do not want to miss out on it, you need to make sure your offer is attractive to the bank. The bank is not looking at how much you want the house or how ready the sellers are to sell, they are looking at their bottom line- how much money are they gaining or losing in the deal. Make sure to work with your realtor to put the best offer forward. If there is a lot of work that needs to be done or the bank is not considering the local market and value, your realtor can put together the information needed to prove to the bank why your offer is fair.

If you are looking to buy or sell a short sale in Northern Virginia, DC, or Maryland, please give our team a call. We would be honored to work with you and help you through this process. We have successfully closed over 300 short sales and would love if yours was next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

It is a Great Time to Short Sell your Underwater Home!

It’s a great time to short sale your house. We have been able to negotiate great terms for our sellers such as: a waiver of deficiency judgement, no promissory note and no cash contribution for the majority of our short sales. We have also been successful in getting some of our sellers a relocation assistance stipend through the HAFA program.

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Call or email us today if you’d like to talk more about short selling your house.

Jennifer Young Homes

Keller Williams Realty

jennifer@jyhteam.com

(703) 774-9572

Gorgeous Spotsylvania Single Family Short Sale Listed!

11201 CINNAMON TEAL DR, SPOTSYLVANIA, VA 22553

Beautiful Cape Cod w/Open Floor Plan on 5 Private Acres w/access to Ni River Reservoir*Lg Exterior Deck & Patio to Private Woods*Lg Upper Rooms w/Jack-n-Jill Bath*Main Level Master Suite*Open Family w/Cathedral Ceilings into Lg Kitchen w/Huge Island- Pantry&Laundry*Finished Basement w/Poss 4th Bed,Living Room,Rec/Storage Rm&Office/Den+Full Bath* Beautifully Decorated*Close to Rt.3*Quiet & Peaceful

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Carrington Approval Letter and Successful Short Sale!

12207 Captains Ct,Woodbridge, VA 22192

Terrific updated 4 BR, 3 full bath home with garage nestled among trees on .43 acre cul-de-sac lot in great location. Hardwood floors. Bright open floor plan has living rm opening to remodeled kitchen w/granite, SS appls & dining room w/French doors leading to screened porch & fenced rear yard. Large family room has wood burning FP & wall of built-in bookcases! Minutes to Pkwy, shopping, dining!

Congrats to our clients and team for getting this one sold. We received sweet words from our clients.  What an honor to help them get this sold!

“Jennifer and her entire team worked tirelessly, going above and beyond, to ensure my short sale process went smoothly and the sale was completed. They are all extremely knowledgeable and a pleasure to work with. If you’re selling a home, look no further.”

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Stafford Short Sale Approved by DITECH!

228 Macgregor Ridge Rd

Stafford, VA 22554

Terrific 2 BR, 2.5 bath colonial w/ carport on lovely 1.13 acre tree lined lot*Walking distance to river w/winter river views!*Needs some TLC but, so much to offer! Large fam rm. brick hearth wood burning FP leads to rear deck & large level yard, sheds. Separate dining rm w/hardwd floors. Updated eat in kitchen has SS appliances!Septic records say 2 BR & 4 person occ. but, a 3rd BR/den is in place

DITECH – Washington First Short Sale Approval Letter with all deficiency rights being waived with the first trust. Congrats to our clients and team for getting this one approved! Now lets get this home to closing for our clients!

f you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Understanding Deficiency Rights in a Short Sale

What are Deficiency Rights in a Short Sale? 

According to www.thefreedictionary.com the definition of Deficiency judgment is the following:

n. a judgment for an amount not covered by the value of security put up for a loan or installment payments. In most states the party owed money can only get a deficiency judgment if he/she chooses to file a suit for judicial foreclosure instead of just foreclosing on real property.Some states allow a deficiency action after foreclosure on the mortgage or deed of trust. The right to a deficiency judgment is often written into a lease or installment contract on a vehicle. There is a danger that the sale of a repossessed vehicle will be at a wholesale price or to a friend at a sheriff’s sale or auction, leaving the debtor holding the bag for the difference between the sale price and remainder due on the lease or contract.

http://legal-dictionary.thefreedictionary.com/Deficiency+Judgment

A simple explanation of the deficiency rights is the right of the bank/loan party to go after the home owner for the rest of the loan that was unpaid. Many times the deficiency rights can be waived so that the short sale seller does not have to eventually pay back whatever was not paid from the short sale purchase.

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Great Stafford Single Family Short Sale Available!

8 TOREY CT, STAFFORD, VA 22554

Gorgeous home with in ground pool & hot tub on beautiful private, cul-de-sac lot nestled among trees backing to golf course! Bright open floor plan, formal LR & DR, fantastic kitchen w/cooktop, double ovens, brkfast rm opens to fam rm w/FP, cathedral ceiling leading to sunrm. Main level MBR w/luxury BA, private deck. 3 BRs, 2 full BAs + Study/5th BR up! Amazing fenced rear, great for entertaining!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Alexandria Short Sale Condo Under Contract!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Do You Owe More Than Your Home is Worth? Watch this Video!

1. Loan Modification

Woodbridge Single Family Short Sale Under Contract in 1 Month!

12207 CAPTAINS CT, WOODBRIDGE, VA 22192

Under Contract in 30 Days!

Terrific updated 4 BR, 3 full bath home with garage nestled among trees on .43 acre cul-de-sac lot in great location. Hardwood floors. Bright open floor plan has living rm opening to remodeled kitchen w/granite, SS appls & dining room w/French doors leading to screened porch & fenced rear yard. Large family room has wood burning FP & wall of built-in bookcases! Minutes to Pkwy, shopping, dining!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Great Stafford Single Family Short Sale for Sale!

8 TOREY CT, STAFFORD, VA 22554

Gorgeous home with in ground pool & hot tub on beautiful private, cul-de-sac lot nestled among trees backing to golf course! Bright open floor plan, formal LR & DR, fantastic kitchen w/cooktop, double ovens, brkfast rm opens to fam rm w/FP, cathedral ceiling leading to sunrm. Main level MBR w/luxury BA, private deck. 3 BRs, 2 full BAs + Study/5th BR up! Amazing fenced rear, great for entertaining!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Alexandria Short Sale Just Reduced by 10K!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Great Alexandria Town House Short Sale Available!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Beautiful Manassas Single Family Short Sale Under Contract!

13100 BROOKMEAD DR, MANASSAS, VA 20112

Under Contract in 36 Days!

Wonderful brick front home on beautiful large lot backing to woods in desirable Meadowbrook Woods! Soaring ceilings, large rm sizes, formal LR, DR, study! 2 story family rm w/cozy FP. Gourmet kitchen w/granite, brkfast bar & window nook! Luxury MBR suite w/cathedral ceiling. Walk out LL has rec rm, exercise rm, large den & full bath! Deck overlooks woods! Easy access to PW Pkwy, Colgan High Zoning

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

What are Deficiency Rights in a Short Sale? 

Definition of Deficiency Rights in a Short Sale Explained

According to www.thefreedictionary.com the definition of Deficiency judgment is the following:

n. a judgment for an amount not covered by the value of security put up for a loan or installment payments. In most states the party owed money can only get a deficiency judgment if he/she chooses to file a suit for judicial foreclosure instead of just foreclosing on real property.Some states allow a deficiency action after foreclosure on the mortgage or deed of trust. The right to a deficiency judgment is often written into a lease or installment contract on a vehicle. There is a danger that the sale of a repossessed vehicle will be at a wholesale price or to a friend at a sheriff’s sale or auction, leaving the debtor holding the bag for the difference between the sale price and remainder due on the lease or contract.

http://legal-dictionary.thefreedictionary.com/Deficiency+Judgment

A simple explanation of the deficiency rights is the right of the bank/loan party to go after the home owner for the rest of the loan that was unpaid. Many times the deficiency rights can be waived so that the short sale seller does not have to eventually pay back whatever was not paid from the short sale purchase.

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Stafford Single Family Short Sale Under Contract!

228 MACGREGOR RIDGE RD, STAFFORD, VA 22554

Terrific 2 BR, 2.5 bath colonial w/ carport on lovely 1.13 acre tree lined lot*Walking distance to river w/winter river views!*Needs some TLC but, so much to offer! Large fam rm. brick hearth wood burning FP leads to rear deck & large level yard, sheds. Separate dining rm w/hardwd floors. Updated eat in kitchen has SS appliances!Septic records say 2 BR & 4 person occ. but, a 3rd BR/den is in place

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Gorgeous Single Family Short Sale Just Listed in Stafford!

8 TOREY CT, STAFFORD, VA 22554

Gorgeous home with in ground pool & hot tub on beautiful private, cul-de-sac lot nestled among trees backing to golf course! Bright open floor plan, formal LR & DR, fantastic kitchen w/cooktop, double ovens, brkfast rm opens to fam rm w/FP, cathedral ceiling leading to sunrm. Main level MBR w/luxury BA, private deck. 3 BRs, 2 full BAs + Study/5th BR up! Amazing fenced rear, great for entertaining!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Three Great Reasons You Would Buy a Short Sale!

Three Reasons to Buy a Short Sale

Many buyers are concerned when they see a short sale. And there are reasons to be more aware of what buying a short sale involves. But there are some very valid reasons to decide to pursue buying a short sale!!

You Fell in Love with the Home!

This is obviously a good reason to pursue buying a short sale! People have the misconception that short sales are broken and worn down homes that are undesirable and that is why they are being sold as a short sale. But this is false! A home being sold as a short sale could be a very well loved and up kept home! And even if it needs some updates or extra care, it may be the perfect size and location for your family and is worth putting some equity into it!

It is a Good Deal!

Some short sales are priced below market value and you are able to get them for less than they are worth. This is not usually the case because the bank is trying to make back as much as they can and not lose money! But they also do not want a house sitting for months or going into foreclosure. So as long as you have a good realtor who is familiar with short sales and negotiating with the bank, they may be able to help get the best price for the property!

Less Competition!

Being under priced is not the only reason a home could be a good deal. If there are few homes on the market or it is a very competitive market with buyers snatching up homes as soon as they are listed, then a short sale may be a great way for you to go! Many buyers are uneducated about the short sale process and therefore will steer clear of them. Which will mean less interest in an otherwise competitive market!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Gainesville Townhouse Short Sale Under Contract!

8881 SCREECH OWL CT, GAINESVILLE, VA 20155

REDUCED! 4 bedroom, 3.5 bath home with 2 car attached garage in fantastic community! Hardwood flooring, crown molding on main level. Living rm opens to kitchen with corian counters, island, breakfast bar and newer SS fridge & leads to deck. MBR has WI closet, full bath w/soaking tub, sep shower, double vanity. BR level laundry. Finished LL with large rec room, full bath walks out to brick patio!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Alexandria Short Sale Condo Just Reduced under $200K!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Gainesville Short Sale Under Contract after Price Reduction!

8881 SCREECH OWL CT, GAINESVILLE, VA 20155

REDUCED! 4 bedroom, 3.5 bath home with 2 car attached garage in fantastic community! Hardwood flooring, crown molding on main level. Living rm opens to kitchen with corian counters, island, breakfast bar and newer SS fridge & leads to deck. MBR has WI closet, full bath w/soaking tub, sep shower, double vanity. BR level laundry. Finished LL with large rec room, full bath walks out to brick patio!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572