One Columbus Center, Suite 700,

Virginia Beach, VA 23462

Virginia Beach short sale requires a unique set of skills for a real estate agent and the short sale approval can very much depend on how your agent negotiates with the lender and buyer. Our short sale team has a high success rate on approvals from the banks and closed short sales in Virginia Beach 23450, 23451, 23452, 23453, 23454, 23455, 23456, 23457, 23458, 23459, 23460, 23461, 23462, 23463, 23464, 23465, 23466, 23467, 23471, 23479, 23518, 23521, Norfolk, Chesapeake, Portsmouth, Suffolk, Hampton, Williamsburg, Poquoson, and Newport News, Virginia. Short sale Virginia Beach only occurs when there is an absolute warranty that the cash value of the house can not increase in the future. To avoid the risk of a total loss, the financial institution usually accepts the lowered amount of short sale. Virginia Beach short sales are complicated but, can help sellers who owe more than home is worth. A short sale occurs when a property is sold for less than the total debt owed on the property. Virginia Beach short sale must be approved by the lenders and borrowers requesting a short sale must prove a hardship such as a mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation.