It is a Great Time to Short Sell your Underwater Home!

It’s a great time to short sale your house. We have been able to negotiate great terms for our sellers such as: a waiver of deficiency judgement, no promissory note and no cash contribution for the majority of our short sales. We have also been successful in getting some of our sellers a relocation assistance stipend through the HAFA program.

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Call or email us today if you’d like to talk more about short selling your house.

Jennifer Young Homes

Keller Williams Realty

jennifer@jyhteam.com

(703) 774-9572

Gorgeous Spotsylvania Single Family Short Sale Listed!

11201 CINNAMON TEAL DR, SPOTSYLVANIA, VA 22553

Beautiful Cape Cod w/Open Floor Plan on 5 Private Acres w/access to Ni River Reservoir*Lg Exterior Deck & Patio to Private Woods*Lg Upper Rooms w/Jack-n-Jill Bath*Main Level Master Suite*Open Family w/Cathedral Ceilings into Lg Kitchen w/Huge Island- Pantry&Laundry*Finished Basement w/Poss 4th Bed,Living Room,Rec/Storage Rm&Office/Den+Full Bath* Beautifully Decorated*Close to Rt.3*Quiet & Peaceful

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Carrington Approval Letter and Successful Short Sale!

12207 Captains Ct,Woodbridge, VA 22192

Terrific updated 4 BR, 3 full bath home with garage nestled among trees on .43 acre cul-de-sac lot in great location. Hardwood floors. Bright open floor plan has living rm opening to remodeled kitchen w/granite, SS appls & dining room w/French doors leading to screened porch & fenced rear yard. Large family room has wood burning FP & wall of built-in bookcases! Minutes to Pkwy, shopping, dining!

Congrats to our clients and team for getting this one sold. We received sweet words from our clients.  What an honor to help them get this sold!

“Jennifer and her entire team worked tirelessly, going above and beyond, to ensure my short sale process went smoothly and the sale was completed. They are all extremely knowledgeable and a pleasure to work with. If you’re selling a home, look no further.”

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Stafford Short Sale Approved by DITECH!

228 Macgregor Ridge Rd

Stafford, VA 22554

Terrific 2 BR, 2.5 bath colonial w/ carport on lovely 1.13 acre tree lined lot*Walking distance to river w/winter river views!*Needs some TLC but, so much to offer! Large fam rm. brick hearth wood burning FP leads to rear deck & large level yard, sheds. Separate dining rm w/hardwd floors. Updated eat in kitchen has SS appliances!Septic records say 2 BR & 4 person occ. but, a 3rd BR/den is in place

DITECH – Washington First Short Sale Approval Letter with all deficiency rights being waived with the first trust. Congrats to our clients and team for getting this one approved! Now lets get this home to closing for our clients!

f you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Understanding Deficiency Rights in a Short Sale

What are Deficiency Rights in a Short Sale? 

According to www.thefreedictionary.com the definition of Deficiency judgment is the following:

n. a judgment for an amount not covered by the value of security put up for a loan or installment payments. In most states the party owed money can only get a deficiency judgment if he/she chooses to file a suit for judicial foreclosure instead of just foreclosing on real property.Some states allow a deficiency action after foreclosure on the mortgage or deed of trust. The right to a deficiency judgment is often written into a lease or installment contract on a vehicle. There is a danger that the sale of a repossessed vehicle will be at a wholesale price or to a friend at a sheriff’s sale or auction, leaving the debtor holding the bag for the difference between the sale price and remainder due on the lease or contract.

http://legal-dictionary.thefreedictionary.com/Deficiency+Judgment

A simple explanation of the deficiency rights is the right of the bank/loan party to go after the home owner for the rest of the loan that was unpaid. Many times the deficiency rights can be waived so that the short sale seller does not have to eventually pay back whatever was not paid from the short sale purchase.

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Great Stafford Single Family Short Sale Available!

8 TOREY CT, STAFFORD, VA 22554

Gorgeous home with in ground pool & hot tub on beautiful private, cul-de-sac lot nestled among trees backing to golf course! Bright open floor plan, formal LR & DR, fantastic kitchen w/cooktop, double ovens, brkfast rm opens to fam rm w/FP, cathedral ceiling leading to sunrm. Main level MBR w/luxury BA, private deck. 3 BRs, 2 full BAs + Study/5th BR up! Amazing fenced rear, great for entertaining!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Alexandria Short Sale Condo Under Contract!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Do You Owe More Than Your Home is Worth? Watch this Video!

1. Loan Modification

Woodbridge Single Family Short Sale Under Contract in 1 Month!

12207 CAPTAINS CT, WOODBRIDGE, VA 22192

Under Contract in 30 Days!

Terrific updated 4 BR, 3 full bath home with garage nestled among trees on .43 acre cul-de-sac lot in great location. Hardwood floors. Bright open floor plan has living rm opening to remodeled kitchen w/granite, SS appls & dining room w/French doors leading to screened porch & fenced rear yard. Large family room has wood burning FP & wall of built-in bookcases! Minutes to Pkwy, shopping, dining!

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Great Stafford Single Family Short Sale for Sale!

8 TOREY CT, STAFFORD, VA 22554

Gorgeous home with in ground pool & hot tub on beautiful private, cul-de-sac lot nestled among trees backing to golf course! Bright open floor plan, formal LR & DR, fantastic kitchen w/cooktop, double ovens, brkfast rm opens to fam rm w/FP, cathedral ceiling leading to sunrm. Main level MBR w/luxury BA, private deck. 3 BRs, 2 full BAs + Study/5th BR up! Amazing fenced rear, great for entertaining!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Alexandria Short Sale Just Reduced by 10K!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Great Alexandria Town House Short Sale Available!

7000 ELLINGHAM CIR #41, ALEXANDRIA, VA 22315

Lovely patio level 1 BR, 1 full bath condo in fantastic location! Open floor plan has living rm w/cozy gas FP, dining rm opens to patio overlooking trees, common area. Kitchen opens to LR & DR. MBR opens to patio & has dressing area, 3 closets! Loads of storage! 1 park space & guest pass. New Fridge, H2O heater, disposal! W&D in unit, fee includes water & sewer! Minutes to Metro, shopping, more!

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Beautiful Manassas Single Family Short Sale Under Contract!

13100 BROOKMEAD DR, MANASSAS, VA 20112

Under Contract in 36 Days!

Wonderful brick front home on beautiful large lot backing to woods in desirable Meadowbrook Woods! Soaring ceilings, large rm sizes, formal LR, DR, study! 2 story family rm w/cozy FP. Gourmet kitchen w/granite, brkfast bar & window nook! Luxury MBR suite w/cathedral ceiling. Walk out LL has rec rm, exercise rm, large den & full bath! Deck overlooks woods! Easy access to PW Pkwy, Colgan High Zoning

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

What are Deficiency Rights in a Short Sale? 

Definition of Deficiency Rights in a Short Sale Explained

According to www.thefreedictionary.com the definition of Deficiency judgment is the following:

n. a judgment for an amount not covered by the value of security put up for a loan or installment payments. In most states the party owed money can only get a deficiency judgment if he/she chooses to file a suit for judicial foreclosure instead of just foreclosing on real property.Some states allow a deficiency action after foreclosure on the mortgage or deed of trust. The right to a deficiency judgment is often written into a lease or installment contract on a vehicle. There is a danger that the sale of a repossessed vehicle will be at a wholesale price or to a friend at a sheriff’s sale or auction, leaving the debtor holding the bag for the difference between the sale price and remainder due on the lease or contract.

http://legal-dictionary.thefreedictionary.com/Deficiency+Judgment

A simple explanation of the deficiency rights is the right of the bank/loan party to go after the home owner for the rest of the loan that was unpaid. Many times the deficiency rights can be waived so that the short sale seller does not have to eventually pay back whatever was not paid from the short sale purchase.

If you are in a possible short sale situation and want to get more information about the process, please call us. We would like to help you understand what you need to know about a short sale and if you qualify! We have successfully sold over 350 short sales! Yours may be next!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572

Stafford Single Family Short Sale Under Contract!

228 MACGREGOR RIDGE RD, STAFFORD, VA 22554

Terrific 2 BR, 2.5 bath colonial w/ carport on lovely 1.13 acre tree lined lot*Walking distance to river w/winter river views!*Needs some TLC but, so much to offer! Large fam rm. brick hearth wood burning FP leads to rear deck & large level yard, sheds. Separate dining rm w/hardwd floors. Updated eat in kitchen has SS appliances!Septic records say 2 BR & 4 person occ. but, a 3rd BR/den is in place

There is almost always an audible sigh of relief from our short sale clients when they get a contract on their home. Even though the process still continues because in many cases, we have to go to the bank to negotiate with them to accept that offer. There is still such great relief that there is a light at the end of the tunnel for this frustrating financial situation.

Being underwater on your home can feel like such a burden. If you owe more on your home than it is worth and you live in the Northern Virginia, DC metro area, please give our team a call. We would love to talk you through the process and see if you qualify for a short sale. We have successfully sold over 350 short sales and would love to make yours a success story too!

Jennifer Young Homes

Keller Williams Realty

(703) 774-9572