These words were spoken to me by a prospective client a few days ago. As a Certified Distressed Property Expert (CDPE)and one who is highly experienced in representing home buyers and sellers in the short sale process, I wanted to address the negative perception that still permeates the industry regarding short sales.
A short sale is the sale of property where the total amount of the seller's outstanding loan(s) exceeds the current market value of the home. Short sales grew in popularity as a result of the downfall of the economy. Initially, short sales were frowned upon because they symbolized the seller's inability to pay his or her mortgage debt. Naturally, this became an embarrassing factor for many home owners. Nonetheless, as the economy continued on a downward spiral, short sales became a method of survival. Today, short sales are a way of life.
The perception of short sales has drastically changed throughout the real estate industry. Long-gone are the days when short selling your home was something to be embarrassed and ashamed of. In many cases, short selling is considered a smart decision. When in doubt, just as a short sale expert like me!
To all prospective home sellers who are considering short selling your homes, there is absolutely nothing to be embarrassed about. Short sales have become a way of life and you need not feel ashamed to short sell your home. Home owners short sell their homes for many reasons and you should feel comfortable in making this decision as well.
If you are considering short selling your home in Alexandria, Lorton, Woodbridge or any of the neighboring areas in northern VA, please contact me for assistance. I would be happy to evaluate your circumstances and help determine if short selling your home is the best decision for you.
Interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia? Contact me for assistance! My expertise include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, divorce, and relocation.
Lisa Dunham, MBA, CDPE, ABR, ePRO
Allison James Estates & Homes
703-298-6546 (Mobile)
Lisa@LisaDunham.com
www.LisaDunham.com
Allison James Estates & Homes
703-298-6546 (Mobile)
Lisa@LisaDunham.com
www.LisaDunham.com
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