Archive for 'Short Sales'
Short Sales in Northern Virginia are Being Encouraged by the Fed
A short time ago when anyone heard the words “Short Sale”, they cringed in disgust. The reason for this awful taste in Realtor’s® mouths was the uncertainty of a short sale. Banks were taking as long as 8 months to get back to the agent and buyer. More often than not, hearts were being broken [...]
Full StoryHelp Needed for Home Owners Underwater in Northern VA
As you heard me say in my last post that a large majority owe more than what their home is worth, articles are coming out left and right with the same information. I may have the right to call myself an expert, but I won’t touch that. I guess I call it as I see [...]
Full StoryAvoid Foreclosure in Northern Virginia
There are many troubled borrowers out there that have no idea where to turn to for help. ARM’s(adjustable rate mortgages) are resetting and mortgage payments are increasing as much as $1,500 a month. That’s a whole other mortgage payment for some! For those of you that are in this predicament, do not panic. There is [...]
Full StoryUS Treasury Steps in to Support Short Sales
Alright Ladies and Gentlemen! It is okay to swallow your pride and reach out to a real estate professional in regards to your upside down mortgage. We all realize the troubling times and the interest only ARM loans that you got 5 years ago. There is no shame and no one is going to point [...]
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 [...]
