Short Sales Are Closing! NEWSFLASH! In Virginia

by Dave on November 22, 2009

Previously Short Sales were “fake listings” where only 1 in 20 closed. Now about 40% are closing and they tend to sell for 15% BELOW market.

Tagged as: arlington, bank, Owned, reo, sale, Short, virginia

{ 3 comments… read them below or add one }

Anonymous 11.22.09 at 1:38 am: nice car realtor!
Anonymous 11.22.09 at 1:38 am: Excellent video. For someone who does not do SS’s, you are on point. Lets share info and perhaps we can do a Q&A post together to dispell some of the myths surrounding these and other tricky RE transactions. I am currently working with a title company on getting around the FHA seasoning issues regarding short sales. I will be able to release it soon, quite clever and very clean. banks like it!
Anonymous 11.22.09 at 1:38 am: I’m a real estate investor; for someone who does not do Short Sales your information is spot on. I would like to do a video with you on short sales, I am an authority on short sales/forclosure. Send me an e-mail if you would like to discuss this area and have someone to answer those pesky questions that hang up most realtors. Check out a short video I did on stopping foreclosure in 48 hours… Cheers, Bob Otten WDI homes LLC

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