Tag Archives: bank owned
Tips 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 [...]
Some “Off-Season” Home Buying Tips
As you may have heard throughout the years that the winter months are the “Off-Season” months to purchase a home. Well this past year has been a little different with all the foreclosure activity in Northern Virginia. You’ve probably been reading articles, blogs, and forums that all scream that “now is the time to buy.” [...]
Full StoryForeclosures: Using the Preferred Lender?
This is for all the buyers out there that have submitted a contract on a foreclosed property and those of you looking to purchase one. I would say about 95% of the time, the seller(bank) wants any prospective buyer to get pre-approved through one of their preferred lenders. Most of the sellers(banks) won’t even look [...]
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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