Archive for 'REO'
Foreclosures: Not for the Faint Heart
I’ll be completely honest with you. Foreclosures aren’t always the best deal in town. They often are not in move-in condition and the bank addendum is very scary for first-time homebuyers. You are purchasing the home in “as-is” condition so the bank has to cover themselves from you coming after them if someone is wrong [...]
Full StoryTips for Getting Those Foreclosure Deals in Northern Virginia
When you’re not careful, buying a REO or Short Sale can drain your bank account. REO or bank owned properties can have major complications without inspections and short sales can take forever to close, wasting your time. Be smart if you’re looking to buy a foreclosure in Northern Virginia.
Here are some tips to get the [...]
Foreclosure Is Scary, But There is Hope
Despite what you are hearing in the news, foreclosure numbers continue to increase and many homeowners are at risk of losing their home. Foreclosure is a very scary monster to deal with and many homeowners remain confused or afraid to confront their mortgage problems and take action to help save their home. By overcoming this [...]
Full StoryMore Foreclosures Coming!
I hate to say this to those of you that are upside down on your loans or wanting to sell your house in the near future, but there is another wave of foreclosures coming in Northern Virginia. This is not necessarily a bad thing for everyone. Yes, I do feel for those who [...]
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