Archive for 'Selling'
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 Story4 Reasons to Sell Now in Northern Virginia
I’ll be the first one to tell you that trying to sell your home in the Northern Virginia and Washington DC metro area right now is not ideal. It’s by no means the thing to do at the moment because of the home prices being driven down by the foreclosures and short sales. Home prices [...]
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 Story2009 Profile for Buyers and Sellers
NAR recently released the 2009 profile for buyers and sellers. The results were compiled from over 9,000 surveys from people who purchased a home between June 2008 to July 2009. Below you will find some of the highlights from the report.
47% of all buyers were first time buyers.
62% of first time buyers reported [...]
US 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 Story
