What is Short Sale?

Short Sales are properties in which the owner may be current on the mortgage payments but because of market conditions the net sales price of the property will not be sufficient to pay off the entire loan obligation. In this scenario a 3rd Party (usually the Lender (s)) must be asked to give final approval to the sale. Negotiation of short sales can often take several weeks.

SHORT SALE BY AREA:

VA Short Sale Questions:

Can the bank kick me out of my house if I stop paying my mortgage? Can they change the locks?

My bank just called me and stated they have no request or file for me; what is going on?

LATEST SHORT SALES IN PRINCE WILLIAM

15600 Ryder Cup, Haymarket $599,900

Beautiful Home shows EXTREMELY WELL! Large Kitchen with Granite Countertop. Hardwood/Ceramic On Main Level with Oak Stars to second level. Sprinkler System for the large ...

4 Beds
4 Baths
VAPW464280 MLS

5908 Crooked Creek Drive, Manassas image

5908 Crooked Creek Drive, Manassas $530,000

Gorgeous brick single family home, located at the end of a private driveway enjoy tree lined privacy. Large welcoming foyer and open floor plan. Main level features off...

4 Beds
4 Baths
VAPW435928 MLS

8720 Libeau Drive, Manassas $485,000 ▼

BETTER THAN NEW! This home, built in 2013 by Richmond American Homes, is only missing one thing... a new owner! The neighborhood is withinwalking distance of the Hastings...

4 Beds
4 Baths
VAPW322302 MLS

14022 Clatterbuck Loop, Gainesville image

14022 Clatterbuck Loop, Gainesville $474,900 ▼

Beautiful 4 bedroom, 2.5 bathroom colonial in Piedmont! This spacious and bright home features a beautiful eat-in kitchen with table space and a breakfast bar, large fami...

4 Beds
3 Baths
VAPW463146 MLS

16664 Reservoir Loop, Dumfries $402,000 ▲

Super updates! Newer paint! Newer carpet! Updated gourmet kitchen w/ newer stainless steel appliances and custom granite counters! Remodeled baths! Newer lighting! Newer ...