Central Virginia Real Estate Blog and Info
A comprehensive blog about Charlottesville Real Estate including articles on short sales, foreclosures, market updates, news, resources and more presented by Rob Alley of RE/MAX Realty Specialists.
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Buyers pursue short sales to get a good deal. So when you see a price listed for a home that you think is too low for the neighborhood, before you jump on that price like hot fudge on a sundae, ask your agent to call the listing agent to find out if the home is a short sale. Because you might wan...
04/14/2010
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REO, or Real Estate Owned, is property that failed to sale at a foreclosure auction and is now owned by a bank. Below is a free list of banks and links to their REO property. Some links below lead directly to the lenders REO Department while other link to third party websites that provide REO ser...
04/14/2010
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A short sale in real estate is not always a pleasant transaction. There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payme...
04/14/2010
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Home owners who are facing foreclosure often dread dealing with the facts that got them to that place. If they think back to when they first bought that home, losing the home was probably the furthest thing from their mind. Few home owners actually plan to go into foreclosure. Reasons For Pendi...
04/14/2010
Stop Foreclosure. Help Available Today. Eliminate The Stress. Salvage Your Credit. We specialize in helping our clients stop foreclosure. We understand that there are many reasons why homeowners sometimes are unable to pay their mortgages and every situation is unique. At Virginia Real Estate Sol...
04/07/2010
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If you are "cash challenged" or "credit challenged," don't let that stop you from buying a house or condominium in the current buyer's market. Home sellers and home builders, as well as their real estate agents, have never been more eager to sell you a home. Forget what you read or heard about th...
04/07/2010
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In today's increasingly automated society, it should come as no surprise that when you apply for a mortgage, your ability to pay can be reduced to a single number. All the years you've been paying your mortgage, car payments, and credit card bills can be analyzed, sliced, diced, spindled and muti...
04/07/2010
The Short SaleA Viable Alternative to Foreclosure Economic experts have said that the real estate market is not a major factor in the Federal Reserve's true goal of keeping inflation in check - and its recent activity seems to bear this out. By strategically infusing billions of dollars into the ...
04/07/2010
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Here is some information Leonard Winslow, a Mortgage Officer got together for me on the new FHA changes: A couple of important changes to FHA mortgage financing went into placeyesterday. 1.Maximum Seller Concession = 3% (was 6%) 2.UPFRONT MIP now 2.25 (was 1.75%)- (upfront mortgage insurance ad...
04/06/2010
Great information on Condos in CharlottesvilleThis Charlottesville VA market report focuses on the sales of condominiums in Charlottesivlle VA and Albemarle County during February 2010. 7 Charlottesvlle condos sold during February 2010. The average sale price was $199,357 with an average DOM of ...
04/05/2010
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Author Bio: Rob Alley earned a bachelors degree at Virginia Tech, in Blacksburg, VA in Biology. Rob Alley consults with homeowners regarding Real Estate transactions and speciliazes in listing and selling Charlottesville Real Estate.
A comprehensive blog about Charlottesville Real Estate including articles on short sales, foreclosures, market updates, news, resources and more. Charlottesville Real Estate news and information. All new updates and market conditions as well as charlottesville short sale information, charlottesville foreclosure listings, avoiding foreclosure help, buying and selling information, central virginia updates, mortgage updates, charlottesville happenings, and tips and tricks in a slower market by Rob Alley, Realtor of RE/Max Realty Specialists