Short Sales & Foreclosures
BANKABLE Realty LLC specializes in Short Sale and Bank Owned properties. Let us be your Broker for your Short Sale or bank-owned property; we provide proven outstanding service that will exceed your expectations. Our business is to represent your best interests.
A short sale is the sale of a home where the net proceeds are not enough to cover the seller’s obligations. The sellers are obligations are mortgage payoff, closing costs, property taxes, transfer tax and commission. In some instances, the sellers could be or already in default on their mortgage and/or facing foreclosure. A short sale may help a homeowner avoid foreclosure.
If your home loan value is higher that your home value or if you are experiencing financial difficulty and cannot pay your mortgage, short sale is an option that may be available to you. In order to expedite the short sale process, we partner with a law firm to professionally negotiate the short sale directly with your lender on your behalf.
Foreclosures are real estate owned (REO) or bank-owned properties, and they have the potential to offer an affordable option to the right buyers.
The State of Maryland’s current foreclosure process, from the first foreclosure filing to the final sale, is among the shortest in the nation. In Maryland, lenders may foreclose on a defaulted mortgage or deed of trust using either the judicial, assent to decree, or non-judicial foreclosure process which typically takes approximately 90 days. Foreclosure laws by state can be viewed on foreclosurelaw.org.
REO (Real Estate Owned) properties are bank-owned properties and with no more mortgage loans. The bank will handle the eviction, if necessary, and may do some repairs. The banks would also be responsible for removal of all liens including any homeowner’s association dues. As a purchaser of an REO property, the buyer will receive a title insurance policy and the opportunity to investigate the property. The banks always sell a property in “As Is” condition. Inspections are for informational purpose only and the majority of the time no repair will be made by the banks.
- 9Full-service real estate brokerage
- 9 Complete REO / Asset Management Services
- 9 Completed Broker Price Opinions within 48 hours
- 9 Property Inspections
- 9 BPO (exterior completed within 48 hours)
- 9 Complete inspections with pictures
- 9 Accurate market evaluations
- 9 Utilities arranged within 48 hours
- 9 Occupancy status determined immediately
- 9 Re-keys completed within 24 hours
- 9 Eviction coordination
- 9 Computerized and automated
- 9 Timely and accurate monthly market updates
- 9 Landscapers
- 9 Lawn maintenance
- 9 Tree trimming/removal, Mulching, Planting/Installing
- 9 Debris removal
- 9 Interior trash outs & Exterior trash outs
- 9Towing
- 9 Repair/Securing contractors (arranged within 48 hours)
- 9 Re-Key (within 24 hours)
- 9 Painting, Board-up, Fences/gates, Roofing, Electrical, Plumbing, Carpet cleaning & replacement, Tile cleaning & replacement
- 9 Pest treatment, HAZ/MAT Contractors, Mold remediation
- 9 Eviction Services
- 9 Cash for Keys, Posting Notices, Complete eviction
- 9Full-service real estate brokerage
- 9Complete REO / Asset Management Services
- 9Completed Broker Price Opinions within 48 hours
- 9Property Inspections
- 9BPO (exterior completed within 48 hours)
- 9Complete inspections with pictures
- 9Accurate market evaluations
- 9Utilities arranged within 48 hours
- 9Occupancy status determined immediately
- 9Re-keys completed within 24 hours
- 9Eviction coordination
- 9Computerized and automated
- 9Timely and accurate monthly market updates
- 9Timely and accurate monthly market updates
- 9Landscapers
- 9Lawn maintenance
- 9Tree trimming/removal, Mulching, Planting/Installing
- 9Debris removal
- 9Interior trash outs & Exterior trash outs
- 3Towing
- 9Repair/Securing contractors (arranged within 48 hours)
- 9Re-Key (within 24 hours)
- 9Painting, Board-up, Fences/gates, Roofing, Electrical, Plumbing, Carpet cleaning & replacement, Tile cleaning & replacement
- 9Pest treatment, HAZ/MAT Contractors, Mold remediation
- 9Eviction Services
- 9Cash for Keys, Posting Notices, Complete eviction
Washington, DC Service Areas
Maryland Service Areas
Virginia Service Areas
ARLINGTON, VA 22201 ARLINGTON, VA 22202 ARLINGTON, VA 22203 ARLINGTON, VA 22204 ARLINGTON, VA 22205 ARLINGTON, VA 22206 ARLINGTON, VA 22207 ARLINGTON, VA 22209 ARLINGTON, VA 22210 ARLINGTON, VA 22212 ARLINGTON, VA 22213 ARLINGTON, VA 22214 ARLINGTON, VA 22215 ARLINGTON, VA 22216 ARLINGTON, VA 22217 ARLINGTON, VA 22218 ARLINGTON, VA 22219 ARLINGTON, VA 22222 ARLINGTON, VA 22223 ARLINGTON, VA 22225 ARLINGTON, VA 22226 ARLINGTON, VA 22227 ARLINGTON, VA 22229 ARLINGTON, VA 22230 ARLINGTON, VA 22234 ARLINGTON, VA 22240 ARLINGTON, VA 22241 ARLINGTON, VA 22242 ARLINGTON, VA 22243 ARLINGTON, VA 22244 ARLINGTON, VA 22245 ARLINGTON, VA 22246 ASHBURN, VA 20146 ASHBURN, VA 20147 ASHBURN, VA 20148 ASHBURN, VA 20149 ASHBURN, VA 22093 CENTREVILLE, VA 20120 CENTREVILLE, VA 20121 CENTREVILLE, VA 20122 CHANTILLY, VA 20151 CHANTILLY, VA 20152 CHANTILLY, VA 20153 DUNN LORING, VA 22027 FAIRFAX, VA 22030 FAIRFAX, VA 22031 FAIRFAX, VA 22032 FAIRFAX, VA 22033 FAIRFAX, VA 22034 FAIRFAX, VA 22035 FAIRFAX, VA 22036 FAIRFAX, VA 22037 FAIRFAX, VA 22038 FAIRFAX STATION, VA 22039 FAIRFIELD, VA 24435 FALLS CHURCH, VA 22040 FALLS CHURCH, VA 22041 FALLS CHURCH, VA 22042 FALLS CHURCH, VA 22043 FALLS CHURCH, VA 22044 FALLS CHURCH, VA 22046 FALLS CHURCH, VA 22047 LEESBURG, VA 20175 LEESBURG, VA 20176 LEESBURG, VA 20177 LEESBURG, VA 20178 MC LEAN, VA 22101 MC LEAN, VA 22102 MC LEAN, VA 22106 MC LEAN, VA 22107 MC LEAN, VA 22108 MC LEAN, VA 22109 OAKTON, VA 22124 VIENNA, VA 22185 WEST MCLEAN, VA 22103
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