ARCHIVED BLOG POSTS
2010
If are just going this series, following what happened to one of my Buyers when he entered into a Contract with an Undisclosed Short Sale Flip, here are the links to the previous posts to get you up to speed. Short Sale Flip Volume 1: The Snowstorm Short Sale Flip Volume 2: The First Red Flag S...
08/31/2010
This week, I'm reliving the tale of an illegal transaction as I post it to Active Rain for all to learn from, particularly agents in the Commonwealth of Virginia. It amazes me how many agents will continue to look the other way when they know something is wrong, just to get a payday. Not me. ...
08/31/2010
Last summer, I sold a really great home in Gainesville's community of Virginia Oaks to some first time buyers. It was a colonial with a great floor plan and a fantastic back yard. Even had an inground pool. Problem was, the beauty of this home was not readily apparent. There were mature trees...
08/31/2010
20
Comments
If are just going this series, following what happened to one of my Buyers when he entered into a Contract with an Undisclosed Short Sale Flip, here are the links to the previous posts to get you up to speed. Short Sale Flip Volume 1: The Snowstorm Short Sale Flip Volume 2: The First Red Flag S...
08/30/2010
Chris Ann Cleland | Long & Foster | (703) 402-0037 6100 Popes Creek Place, Haymarket, VA Extra Large Townhouse Minutes from Route 66 & Old Town Haymarket 3BR/3+1BA Townhouse offered at $274,000 Year Built 2006 Sq Footage 2,255 Bedrooms 3 Bathrooms 3 full, 1 partial Floors 3 Parking 2 Car garage ...
08/29/2010
14
Comments
Not too long ago, I had the pleasure of representing a Northern Virgnia Short Sale Seller who was anticipating a loss in income due to their impending retirement and subsequent move closer to aging parents. The Seller was never late on a mortgage payment and the house was immaculate. The hardsh...
08/29/2010
12
Comments
When last we left my tale of the Undisclosed Short Sale Flip, my Buyer (Vince) was ready for the settlement date of February 26th on this regular sale. He'd done his home inspection, had the appraisal and we were ready to close. To read all about that, revisit Short Sale Flip Volume 1: The Sno...
08/29/2010
24
Comments
Earlier this year I represented a Buyer that had the misfortune of falling in love with an undisclosed Short Sale Flip. I learned a ton from this one failed transaction. This is the first in a series of posts that fleshes out the transaction from beginning to end. Every name of every person an...
08/28/2010
The Commonwealth of Virginia has a Wet Settlement Act. What is of critical importance in the wet settlement act is the duty of the Settlement Agent. Here is how the code defines the duty of the Settlement Agent: The settlement agent shall cause recordation of the deed, the deed of trust, or mor...
08/28/2010
It's past ten o'clock on Tuesday night and I'm staring at my Real Estate Law book--the text for my Broker Law course. My idea to read ahead, before the first class even started last week, was thwarted by an explosion of clients over the past two weeks. I still managed to have all the chapters f...
08/24/2010
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Chris Ann Cleland
Associate Broker, Bristow, VA
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about 2 years ago
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