There are many things that you the consumer need to be aware of when contemplating an attempt on a short sale. The market place is changing and short sales are becoming an excellent option for the banks to avoid the excess fees that a foreclosure can create for them. The most important thing th
...
04/29/2009
Pat Mulhern | RE/MAX Premier | 703-743-2222 9316 Flanagan Ct., Manassas, VA Great Price For This Lovely Home! 3BR/3.5BA Townhouse offered at $215,000 Year Built 1996 Sq Footage 1,700 Bedrooms 3 Bathrooms 3 full, 1 partial Floors 3 Parking 1 Car garage Lot Size 1,870 sqft HOA/Maint $64 per month
...
04/23/2009
We have a client who was interested in buying a home that had become a short sale. The price of the home was $485,000 so she offered $425,000 - they rejected her bid and we moved on. About a month ago, she called up saying that the home had dropped to $385,000 and wanted me to see if we could s
...
04/23/2009
It happened over night...at least in our area. Almost every listing that our buyers are interested in has multiple offers already on the property. Listings we are placing on the market are receiving 3-4 offers in the first weekend. What is all this nonsense about declining sales numbers? It co
...
04/21/2009
Over 1.9 Million homeowners are facing some form of distress in their current property. Distress comes in many forms, and it isn't limited to owners who simply took loans they should not have been given in the first place. Many people facing foreclosure have had outside forces impact their fina
...
04/17/2009
Short Sales are becoming a part of the Real Estate landscape and are an intricate process that, ifhandled properly, can help a homeowner in distress avoid foreclosure. Right now, only 10-15% of short sales are reaching the closing table. They are frustrating for buyers, and cumbersome for loss
...
04/15/2009
