Another Wells Fargo Short Sale--SOLD!

By
Real Estate Agent with Long & Foster REALTORS®, Manassas, VA VA License # 0225089470

This Wells Fargo Short Sale hit the market on January 29, 2011 for $147,500.  It was a one loan, FHA Short Sale. 

After a price reduction to $135,000 on February 28th, this Wells Fargo Short Sale found its next owners.   The contract was written on March 1st and was submitted to Wells Fargo for Short Sale Approval right away.  In this case, Short Sale Approval came on April 27th.  It ieven offered the Sellers a financial incentive for conducting the Short Sale.

On June 10th, this Wells Fargo Short Sale made it to settlement.  The home sold for $137,000.  The Buyers even got $5,575 in closing cost help.  And of course, it is always a good thing when you help a Seller avoid foreclosure.

If you are having financial difficulty with your mortgage and want to investigate the option of Short Sale, give me a call.  I've been listing and selling Short Sales since 2007 and have the experience needed to get the job done.

Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com, www.NVARealEstate.net

 

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Rainmaker
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Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Chris-It's great when a plan comes together. Hope this helps the Sellers get back on their feet. I know they took a credit hit but at least it's not a foreclsure.

Jun 10, 2011 05:27 PM #1
Rainmaker
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Nick T Pappas
Assoc. Broker/Broker ABR, SFR, e-Pro, @Homes Realty Group, Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Chris Ann, four months isn't as long as some and I'm sure the buyer got a great deal on the house.  Congrats on the sale in the Bristow Virginia area.

Jun 10, 2011 05:32 PM #2
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

Congratulations on another successful short sale closing.  For those who continue to say they never get to closing need to be paying attention to your success. 

Jun 10, 2011 05:33 PM #3
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Richard Weisser
Better Homes and Gardens Real Estate Metro Brokers - Newnan, GA
Richard Weisser Coweta Newnan Homes for Sale

Chris Ann...

Another great job ... short sales can be a challenge but with a little determination they can happen!

Jun 10, 2011 06:00 PM #4
Rainmaker
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Jim Hale
ACTIONAGENTS.NET - Eugene, OR
On the Move for You! - Eugene - Springfield Oregon Real Estate

Chris Ann -

Always great news.  Good for you...and your client.

Jun 10, 2011 06:40 PM #5
Rainmaker
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Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Chris Ann - Congrats!!!  This is a win win for all parties, I bet the sellers are soooo happy.

Jun 10, 2011 08:43 PM #6
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Chris Ann Cleland
Long & Foster REALTORS®, Manassas, VA - Bristow, VA
Associate Broker, Northern VA

Wayne:  Avoiding foreclosure is a win for these Sellers. 

Nick:  This was a bit further out than Bristow.  Sale happened in Front Royal. 

Cindy:  I don't mind if other agents think Short Sales are difficult and not worth the effort.  I know better.

Richard:  Organization helps too.

Jim:   Getting one in the sold column is good.  Getting a Short Sale in the sold column is that much sweeter.

Michelle:  They are relieved, that's for sure.

Jun 10, 2011 09:49 PM #7
Rainmaker
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Ginny Gorman
Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Chris Ann, you do Gainesville VA short sales well and share the good fortune you bring to sellers finally..i too smile when north kingstown realtors tell me they won't do short sales...

Jun 11, 2011 07:55 AM #8
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Chris Ann Cleland
Long & Foster REALTORS®, Manassas, VA - Bristow, VA
Associate Broker, Northern VA

Ginny:  Let them stand on the sidelines.  Just furthers our businesses.

Jun 11, 2011 10:39 AM #9
Rainmaker
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Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Chris Ann, I'm so glad to see this short sale home sold! You always get them sold Chris Ann!

Jun 12, 2011 05:07 PM #10
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Chris Ann Cleland
Long & Foster REALTORS®, Manassas, VA - Bristow, VA
Associate Broker, Northern VA

Jackie:  Not always, but I can get the Short Sales approved most of the time.  What the Sellers decide to do from there is up to them.

Jun 12, 2011 05:22 PM #11
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Anne Clark
Metro Referrals - Gainesville, VA

Congratulations on getting this short sale to the settlement table.  You don't usually go out to Front Royal, so these sellers are really lucky to have worked with you.

Sep 13, 2011 02:26 PM #12
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Chris Ann Cleland
Long & Foster REALTORS®, Manassas, VA - Bristow, VA
Associate Broker, Northern VA

Anne:  You're right.  I don't normally travel that far for a listing.  But this being a Short Sale, I made an exception.

Sep 13, 2011 04:59 PM #13
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Chris Ann Cleland

Associate Broker, Northern VA
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