One strategy to shorten the time for the approval is to include a clause in the Real Estate Contract giving the Buyer an option to terminate the contract if the short sale approval is not obtained by a certain drop-dead date. … On another note, whether a property is in a short sale situation is not a required disclosure, and is not easily searchable via the MLS (in this case, the Charlottesville MLS) – I cannot speak to other MLS’ policies.
Charlottesville Realtors – take the time to attend the next Short Sale class that’s offered at CAAR – with the expected (some forecast dramatic/staggering/flood – insert your adjective here) increase in short sales next year, you are not going to be adequately prepared for the new market unless you learn about this new segment of our market. … If you see that your income is going to be reduced, but you keep going to Whole Foods or Foods of all Nations, then you’re likely in need of some counseling (and I’m not being facetious).
Is there a correlation between zoning and the subprime crisis?What is a short sale?Â We aren’t seeing that many of these in the Charlottesville area (yet).More on foreclosuresImpact fees a form of governmental support?