short sales: Agents Have No Duty to Submit Short Sale Offers - Suprised? - 11/18/09 01:11 PM
 
I share a great article from ShortSaleChampion.com....commonsense reigns supreme!
In the course of my speaking to and networking with short sale practitioners in numerous markets across the nation I regularly encounter those who have a completely false impression with respect to who owes which duties to whom in the course of a short sale transaction. More specifically, many agents (both on the selling and buying sides of transactions) erroneously think that ALL short sale offers must be presented to lenders - nothing could be further from the truth!
While all real estate law is subject to individual State legislation and … (2 comments)

short sales: Here is what happened to me... - 05/01/09 09:59 PM
I decided to short sell my own house in December....hardship created by practically being unemployed last year and some medical bills.  Ok...I had several conversations with WaMu to try to modify the mortgage beginning in October.  Their response was "you can't afford to live in that house". 
I spoke to them again in November and asked if they would consider a short sale, their response was "no, not until you are behind in your payments".  Ok, so they encouraged us to default.  I stopped paying the mortgage and listed the house in December.  The  first person to see it wrote a … (0 comments)

short sales: Northern Virginia Real Estate - 03/18/08 02:02 PM
Hi, this is new for me...so give me a break!  I am a full-time real estate professional working with buyers and sellers in the "close to DC" counties of Fairfax, Arlington, cities of Alexandria and Falls Church.  I live in the Kingstowne area and my office is in Arlington, so I get around!
Regardless of what we see and hear from the media, the Northern Virginia area is less affected by the declining home market than a lot of areas of the country.  If the home is well priced and in good condition, it is selling. The price declines of the … (0 comments)

 

Suzanne Leedy

CRS, epro500

Alexandria, VA

More about me…

McEnearney Associates

Address: 4720 Lee Highway, Arlington, VA, 22207

Office: 703(525) 190-0253

Mobile: (703) 627-5302

Email Me

Northern Virginia real estate, helping buyers and sellers of condos, new homes, resales, in the counties of Fairfax, Arlington and the cities of Alexandria and Falls Church. Relocation is my speciality.


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