Charlottesville Short Sale Success Tip #2: Hire an Experienced Short Sale REALTOR®

Charlottesville Short Sale Success Tip #2: Hire an Experienced Short Sale REALTOR® So you’ve decided to list your Charlottesville home as a short sale. A short sale is not like a traditional real estate transaction. Any real estate agent can list a short sale. However, an ordinary REALTOR® is not going to have the specialized knowledge […]

Charlottesville Short Sale Agents | Emergency Homeowners Loan Program (EHLP)

Charlottesville Short Sale Agents | Emergency Homeowners Loan Program (EHLP) Are you in danger of losing your Charlottesville home to foreclosure? Piedmont Housing Alliance (PHA) has been approved to offer Charlottesville area homeowners facing foreclosure help through a brand new federal program, the Emergency Homeowners Loan Program (EHLP). EHLP is designed to provide emergency mortgage […]

Charlottesville Short Sale Success Tip #1: Contact Your Lender

Charlottesville Short Sale Success Tip #1: Contact Your Lender Communication with your lender is key to achieving a successful Charlottesville short sale. As soon as you start experiencing financial difficulties contact your lender. The worst thing you can do is to ignore the problem. The sooner you reach out for help the more assistance your lender […]

Charlottesville Short Sales | What’s an Acceptable Hardship?

Do you owe more on your Charlottesville home than what it’s worth in today’s real estate market? Unlike a traditional seller, a Charlottesville short sale seller must obtain approval from their lender(s) to accept a short sale. In most cases, a lender is going to require a demonstrable financial hardship to approve a short sale. […]

What is a Charlottesville Short Sale?

A Charlottesville short sale is when a seller owes more on their home than what they can sell it for in today’s real estate market. The seller must negotiate with their lender(s) to accept a payoff less than the balance due on their mortgage(s). The seller still owns the home in a Charlottesville short sale […]