Dan and Traci participated in an interview with Jesse G in his radio broadcast last March 7th. Dan and Traci talked about their participation in the short sale network, their experience in short sale and more importantly their short sale cruise which is only about a couple of weeks away. They talked about the upcoming Symposium at Sea and how they became so successful with The Short Sale Specialist Network.
They shared how they closed 102 short sale transactions in 2010 and what their secrets to success have been. Dan also mentioned about how helpful it is to have a great team of short sale specialists in Lake Ridge, VA. He also described how they diligently work with the short sale client from start to finish.
If you want to hear the whole interview please click on the play button above.
If you are considering doing short sale, email Dan direct at dan@greetingsvirginia.com or call the number on this page and Dan and his team of great short sale experts would be very happy to help you.
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Dan Rochon and his team of short sale experts in Oakton, VA regularly conduct open house in Oakton, VA. This is one of their marketing strategies to find a good homebuyer for properties they have on short sale. They always find it a great time and a great experience to be able to market the home on short sale and to find a buyer and suggest of purchasing the property. An open house would normally have 40 interested and potential buyers in attendance and what Dan and his team of short sale experts in Oakton, VA do is to make sure that they choose the best and serious buyer for that short sale.
For more of Dan’s open house experience on short sale in Oakton, VA watch the video on this page. If you want to talk to them, dial the number in this page, fill out the form or email Dan direct at dan@greetingsvirginia.com. Their team of short sale experts in Oakton, VAwould be happy to assist you with your short sale.
Some years ago this letter of approval was released by Bank of America for an approved short sale in Alexandria, VA. The homeowner was hesitant to do a short sale in Alexandria, VA initially but when Dan and Traci of Keller Williams Realty and greetingsvirginia.com explained to him the advantages of doing short sale over being foreclosed on, the homeowner eventually made the better decision.
So, if you are in that position and need some help with your short sale in Alexandria, VA contact us today. Fill out the form on this page or call us at the number here and we will contact you shortly.
I often read and educate myself about real estate. I have found some of the best real estate blogs in the country. These real estate blogs are updated regularly have great content that is relevant, and written by people that I respect.
These are some of my favorite real estate blogs (in no particular order):
Top local real estate blog:
Phoenix Real Estate Blog Jay Thompson writes this blog about real estate. Jay wrote the first blog post on ActiveRain and has been writing great content about Phoenix real estate on his own site for a very long time. In my opinion, this is one of the best blogs about real estate in the country.
Top national real estate blog:
Bigger Pockets Blog Bigger Pockets is an online real estate magazine written by many authors and contributors. Posts about real estate professionals and investors with a focus on Networking, Deal making, and Education can be found here.
Top short sale blog:
The Short Sale Guide Without doubt, this is the top resource of short sale experts collected in the country describing their real estate experience with short sales. This site was founded by my friend, Mike Linkenauger and shares stories about the short sale process from some of the best short sale specialists in the country.
Other top real estate blogs worth checking out:
These blogs are each worth checking out:
NY Short Sale Blog J. Philip Faranda writes this blog from the trenches of short sales in Westchester County, New York.
Short Sale Artisian There is much talk about the art of short sales written on this blog (and YES, short sales are an art!)
Short Sale Blogger There are great tid-bits about short sales and the short sale process that you can learn on this short sale real estate top blog.
Top real estate blog in Virginia, Maryland, and Washington DC
Greetings Virginia Blog That’s us Writing about real estate in Virginia, Maryland, and Washington DC. Specializing in short sales in these areas.
Some buyers have made offers on short sales, then waited as long as six months or more, only for the seller to be denied the short sale or of been foreclosed on.
HOUSE HUNTING ADVICE: A crucial fundamental to buying a short sale is to pick the best property and the right agent to represent you. You do not want to make an offer on a short sale that will never close. The right agent can advise you on the best strategy for success. Closing a short sale involves teamwork from all parties involved.
When buying a short sale, your agent should ask:
1) Who will be negotiating the short sale? Be sure that whoever is negotiating on the seller’s behalf is qualified with experience. The #1 skill set that results in success in the negotiations is commitment from the seller’s reprsentation. Be sure that the seller’s team is dedicated to the success of the short sale and that they will never give up on the transaction.
2) How many short sale transactions have they completed in the past 6 months? You will have a better chance of closing a short-sale deal if the listing agent has experience doing short sales and has a plan for how to accomplish a sale.
3) How many loans are on the property? The more liens on the property equal the more challenges.
4) Who are the lenders? Not all lenders are the same in regards to their willingness to cooperate.
5) How much is owed on the property? A bank will do a short sale if they are in a better position than if they were to foreclose. In most cases, even if there is a large defieciency, the lender will be inclined to accept the short sale.
6) Has a Broker Price Opinion been completed? A BPO is the bank’s first step in determining the accepted amount that they will approve a short sale for. If they have already completed this step, then they are closer to success.
7) Has the property previously been under contract with another buyer? If it has been, then it is likely that the long process of the short sale has already begun. Properties that have already been under contract often have a better chance of getting approved.
Is there a pending foreclosure date? You do not want to be in a position to get under contract with a seller that will likely lose their property to a foreclosure.
9) How many months behind on the mortgage are the sellers? The longer behind on their payments, the more likely that the seller will be foreclosed.
Remember that not all short sales are created equal. Be sure that your agent gets the above information prior to writing an offer on the, “Home of your Dreams”.
About the Author:Dan Rochon, specializes in Short Sale representation and selling luxury homes, Associate Broker in VA, MD at Keller Williams Realty, Alexandria, Kingstowne, VA, Co-Founder of GreetingsVirginia.com, and media consultant for struggling home owners. Dan and his team have been featured on NBC Nightly News, The Today Show, CNBC, The Washington Post, The Washington City Paper, OutFront Magazine by Keller Williams Realty, WTOP News, The Washington DC Examiner, and other media publications.
Writing about real estate in Virginia, Maryland, and Washington DC. Specializing in short sales in these areas.
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