Herndon Short Sale SOLD – Bank of America Waives Over $125,000 Deficiency!

Herndon, VA Short Sale SOLD – Deficiency Waived on Investment Short Sale!

Congrats to our client who closed on their short sale this week for an investment home on Clearwater in Herndon, VA. This short sale was in the Four Seasons Regime neighborhood. Our client had been renting this property out since 2006, but current rent prices would no longer cover the mortgage and he needed to sell. He owed Bank of America over $330,000, but the market dictated we sell for $202,000. BofA approved the short sale and waived ALL deficiency rights! Here is the 1st page of the approval letter for you to see. Call me at (703) 774-9572 or email me at me if you need help with your underwater investment home.

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