ARCHIVED BLOG POSTS
2009
Northern Virginia Short Sale sellers often hear the term 1099. So what exactly is a 1099? A 1099 is a form that reports income other than wages and salary to the IRS. As a Northern Virginia Short Sale seller, what can be reported to the IRS on a 1099 is the amount of forgiven debt by a lien hol...
10/31/2009
This afternoon I traveled down I-95 to Fredericksburg, VA where I heard Special Attorney, for the Virginia Association of Realtors (VAR), Lem Marshall speak for three hours on the topic of short sales. This was an event that Brokers from all over the region were invited to attend. And while I d...
10/30/2009
The Northern Virginia Model Home Furniture Sale You Don't Want to Miss!! Amazing Grace will be hosting the model home furniture sale to end all model home furniture sales. (Don't take that literally. This is just a doozy of a sale.) November 6-8, Amazing Grace will be at JK Moving & Storage in...
10/30/2009
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Can Northern Virginia buyers renegotiate sales price after short sale approval? As a Northern Virginia short sale listing agent the answer seems obvious. NO. Of course not. So why are there buyers out there that write an offer, wait for approval, get approval, then turn around to renegotiate ...
10/28/2009
If you don't want bad publicity, don't do anything wrong. Seems like a simple equation to me. Then again, most things in life boil down to very simple principles. While I am not a sports follower, I do enjoy talk radio. Lately, I find myself listening to Washington's The Fan now while driving,...
10/28/2009
Yesterday I talked about handwritten cards vs. computer generated card services in a post titled There Is No Substitute for Personal Contact. And in my opinion, if you are going to send out something personal and handwritten, why use the same old stamp that everyone else uses? Not that I have p...
10/25/2009
Bank of America short sales and their endless runarounds and contradictions have left a bad taste in my mouth for this banking and lending institution. Two years ago, my largest short sale problem was Countrywide. Countrywide would take many months to review files and just when you were getting...
10/23/2009
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Let me say, this is the first reblog I have ever done, so you know it's got to be good. I really like this idea. Would be much more effective at getting those move up buyers into the market. Great thinking Richard! A lot of real estate agents are speaking as if the door on real estate sales wil...
10/23/2009