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Bank:
Chase and CitiMortgage
Listing Agent:
Listing agent has been doing short sales since 2007. Listing agent is CDPE (Certified Distressed Property Expert) who specializes in short sales.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sales specialist
703-662-1466
If you're considering a short sale in Chantilly, give us a call. We are Chantilly VA Short Sales Specialist.
Here's a sample Chase Mortgage short sale approval/demand letter. Take a look at page 2 of the letter.
Please be aware that the completion of this transaction Is reported to the credit bureaus and may have an adverse affect on your credit rating. Proceeding with this transaction may also have implications on your state or federal tax liability; please consult a tax advisor for additional information.
There's no mention of deficiency judgement. Since I'm not an attorney, I won't elaborate but the attorney who reviewed it gave the green light. Remember to always have an attorney review your short sale letters. Here's the Chase Mortgage short sale approval/demand letter. I also have the Chase Affidavit of Arms Length Transaction addendum as well. I believe this is fifth Chase short sale that I have worked on. If your mortgage is with Chase and you are considering a short sale, give me a call for a free, private consultation.
Here's the required Affidavit of Arms Length Transaction.
If you have any questions concerning Chase short sale, please contact me.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sales specialist
703-662-1466
chase mortgage short sale approval demand letter arms length transaction
Here's a sample Countrywide / Bank of America short sale approval/demand letter. You should always have an attorney review the short sale approval/demand letters. I highlighted the part that's critical on the approval/demand letter. It states the following:
BAC Home Loans Servicing, LP and/or its investors may pursue a deficiency judgment for the difference in the payment received and the total balance due, unless agreed otherwise or prohibited by law, if the short sale closes on the loan referenced above. In addition, if this loan is covered by mortgage insurance, the mortgage insurance company may reserve the right to pursue the seller for the deficiency based on the terms of the mortgage insurance policy. Furthermore, there may be tax consequences associated with entering into a short sale. The seller is encouraged to seek guidance from an independent tax advisor, and/or an attorney, before proceeding with the short sale.
It's a standard language that Countrywide / Bank of America uses. I can post at least half dozen short sale letters. If you have any questions about the letter, you can email me and I can share what 2 short sale attorneys told me about the letter but since I'm not an attorney, I won't post anything.
Also, the contract date on this short sale was 11/7/09.
Simon Hahn - Keller Williams Realty Virginia, Maryland, Washington DC short sales specialist 703-662-1466
countrywide bank of america short sale approval demand letter
Bank: Chase Listing Agent: Listing agent has been doing short sales since 2007. Listing agent is CDPE (Certified Distressed Property Expert) who specializes in Loudoun County short sales. Listing's agent first two short sales were both in Loudoun County in 2007. Simon Hahn - Keller Williams Realty Loudoun County short sales expert 703-662-1466 If you're considering a short sale in Loudoun County, give us a call. We are Loudoun County Short Sales Specialist/Expert. When it comes to short sales, experience matter! Here's all our listings. As you can see, we do a lot of short sales.Simon Hahn Group is listing a short sale in Loudoun County, VA (Brambleton / Ashburn).
Simon Hahn Group (Keller Williams Realty) is listing a short sale involving Bank of American in Alexandria, VA.
6619 BEDDOO ST
ALEXANDRIA, VA 22306
$350,000
Bank:
Bank of America
Listing Agent:
Listing agent has been doing short sales since 2007. Listing agent is CDPE (Certified Distressed Property Expert) who specializes in short sales.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sale specialist
703-662-1466
Alexandria VA Short Sales, Alexandria Short Sales, Alexandria short sales realtor agent specialist expert,Alexandria va CDPE
Strategic mortgage default is when a homeowner can afford the mortgage but decides to walk away. Thinking about walking away? Before you do, read this free report on why strategic mortgage defaults are not that strategic. Download Strategic Default Report
There are millions of homeowners considering this option due to decline in home value. Read the facts before you decide. It's a free report so you can read it and then contact me if you have any questions.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sales specialist
703-662-1466
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Simon Hahn Group is listing a short sale in Woodbridge, VA.
5006 QUELL CT
WOODBRIDGE, VA 22193
$485,000
Bank:
Loancare Mortgage (1st)
GMAC (2nd)
Listing Agent:
Listing agent has been doing short sales since 2007. Listing agent is CDPE (Certified Distressed Property Expert) who specializes in short sales.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sales specialist
703-662-1466
woodbridge VA Short Sales, woodbridge Short Sales, woodbridge short sales realtor agent specialist expert,woodbridge va CDPE
E=MC2 I'm not Einstein so I never understood what that meant. However, EMC = Smooth Transaction in the world of short sales. This is my opinion of course but I have found EMC a good bank to work with in terms of doing a short sale.
Here's an EMC Mortgage short sale demand / approval letter. It didn't really convert to well to jpg file so I have it in PDF format. Download Approval_letter
EMC is faster than most banks in my opinion. At least the ones that I have been involved in, EMC took less than 2 months. Let me know if you have any questions concerning EMC Mortgage or any short sale.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sales specialist
703-662-1466
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Simon Hahn Group is listing a short sale in Fairfax, VA. Contact us if you would like to see if this home or have any questions concerning short sales involving HSBC or PNC Bank.
13065 AUTUMN WILLOW DR
FAIRFAX, VA 22030
$669,900
Bank:
HSBC (1st but not likely to get involved)
PNC Bank (2nd)
Listing Agent:
Listing agent has been doing short sales since 2007. Listing agent is CDPE (Certified Distressed Property Expert) who specializes in short sales.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sale specialist
703-662-1466
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Simon Hahn Group with Keller Williams Realty is listing an Acacia Federal Savings Bank short sale in Manassas Park, VA. Contact us if you would like to view this condo or if you have any questions about short sales involving Acacia Federal Savings Bank or National City (PNC Bank).
9724 HOLMES PL #407
MANASSAS PARK, VA 20111
$160,000
Bank:
Acacia Federal Savings Bank
National City Bank
Listing Agent:
Listing agent has been doing short sales since 2007. Listing agent is CDPE (Certified Distressed Property Expert) who specializes in short sales.
Simon Hahn - Keller Williams Realty
Virginia, Maryland, Washington DC short sale specialist
703-662-1466
