Can a Short Sale Benefit You?

Northern Virginia is an ideal location with an excellent variety of homes that are situated within a vibrant real estate market. If you to want to look over all the properties currently listed within the area, go here to perform a full home search, or if you're interested in seeing how much your property is worth, click here for a free home value report. For any other questions regarding your property's value or the market conditions of Northern Virginia, do not hesitate to call Chris at (703) 485-1435.

Hello everyone, Merry Christmas and Happy Holidays to you all! We want to say thanks to all of our wonderful friends and clients for making us the thirtieth ranked RE/MAX agents in Virginia! We're really proud of that and are thankful for your continued support.

Today, we're going to focus on something we get asked about a lot: short sales. What are they? How do they work? Could having one benefit you? Hang tight and we'll answer all of those questions for you.

Typically, a short sale is when someone owes less on their home than what the home is actually worth and the homeowner asks the bank to accept a lower offer for the property. They can take a long time to do, but we've done around 100 of them, so we have a great deal of experience. On the other hand, you can often get a great deal when buying a short sale property because the bank will accept a lower offer.

In short: if you're selling, a short sale is a good way to avoid foreclosure and take less of a hit to your credit score. If you're buying, you can often get a great deal on a home if it has undergone a short sale. It's just another option in the world of real estate that can benefit the parties involved.

If you have any interest in buying or selling a short sale property, don't hesitate to reach out to us. We are experts when it comes to this process and we would love to help!