Tag Archives: Short Sales
Short Sales in Northern Virginia
We’re starting to see a lot more short sales in Northern Virginia, but it’s really more than that. You will also notice short sales in Northern Virginia as a whole. This includes short sales in Maryland and Washington DC as well.For those buyers out there, every time you hear that a home [...]
Full StoryForeclosure Inventory is Rising
If you’re an active buyer in Northern Virginia out there and have been following the market the past 5 months, you’ve probably seen a dip in the amount of foreclosures that are hitting the market. You are also probably noticing that every offer you submit is beaten out by an all Cash offer. The reason [...]
Full StoryShort 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 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 StorySome “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.” [...]
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