How Short-Sales Affect Your Credit and Other Ramifications
on Nov 18, 2009 in Short-Sales and Distressed Properties affect credit ramification short sale A question on many people’s minds that are considering a short-sale is, “How will a short-sale affect my credit and what are some of the other ramifications?” There is no one right answer because every short-sale negotiation is diff...

What is the Usual Condition of a Foreclosure/Bank-Owned or Short-Sale?
on Nov 14, 2009 in Foreclosure/REO 101 Short-Sales and Distressed Properties bank-owned foreclosure home inspection issues short sale If you haven’t bought a foreclosure/bank-owned or short-sale property in a while (or ever), you probably don’t know what the typical condition of such a property is. Here’s an idea of what to expect… I’m working with a b...

Buyers/Sellers: What Does Few Foreclosure/Bank-Owned Properties on the Market Mean To You?
on Oct 1, 2009 in Foreclosure/REO properties bank-owned buyer for sale foreclosure home loudoun market property seller The other day, I talked about how few foreclosure/bank-owned properties there are on the market in Loudoun County and Northern Virginia (click here if you missed the post). But what does having only a very few foreclosure/bank-owned properties on the...

Buyers/Sellers: What Does Few Foreclosure/Bank-Owned Properties on the Market Mean To You?
on Oct 1, 2009 in Foreclosure/REO properties bank-owned buyer for sale foreclosure home loudoun market property seller The other day, I talked about how few foreclosure/bank-owned properties there are on the market in Loudoun County and Northern Virginia (click here if you missed the post). But what does having only a very few foreclosure/bank-owned properties on the...

Anyone Seen Where All the Loudoun Foreclosure/Bank-Owned Properties Have Gone?
on Sep 26, 2009 in Foreclosure/REO properties bank-owned foreclosure home loudoun properties property reo Two years ago, you couldn’t walk out your front door in Loudoun/Northern Virginia and not see a foreclosure/bank-owned property for sale. But something interesting has been going on for the past 12 months…the number of foreclosure/bank-ow...

Anyone Seen Where All the Loudoun Foreclosure/Bank-Owned Properties Have Gone?
on Sep 26, 2009 in Foreclosure/REO properties bank-owned foreclosure home loudoun properties property reo Two years ago, you couldn’t walk out your front door in Loudoun/Northern Virginia and not see a foreclosure/bank-owned property for sale. But something interesting has been going on for the past 12 months…the number of foreclosure/bank-ow...

Short-Sale Approved! Now What?
on Aug 20, 2009 in Short-Sales and Distressed Properties approval happens long process real estate sale settlement short time what Congratulations! You’ve waited patiently for a response on your short-sale offer from the bank(s) and you just got word that it’s been approved - half the battle has been won! So now what? To best understand what happens next, let’s...

Short-Sale Approved! Now What?
on Aug 20, 2009 in Short-Sales and Distressed Properties approval happens long process real estate sale settlement short time what Congratulations! You’ve waited patiently for a response on your short-sale offer from the bank(s) and you just got word that it’s been approved - half the battle has been won! So now what? To best understand what happens next, let’s...

Short-Sales Wear the Crown in Loudoun County
on Aug 6, 2009 in Short-Sales and Distressed Properties bank county for sale foreclosure home inventory loudoun negotiate owned property sale short This time last year, foreclosure/bank-owned properties were King by making up the largest percentage of distressed properties on the market. Today, it’s the opposite. Short-sale properties now wear the crown out-numbering foreclosure/bank-owned...

Short-Sales Wear the Crown in Loudoun County
on Aug 6, 2009 in Short-Sales and Distressed Properties bank county for sale foreclosure home inventory loudoun negotiate owned property sale short This time last year, foreclosure/bank-owned properties were King by making up the largest percentage of distressed properties on the market. Today, it’s the opposite. Short-sale properties now wear the crown out-numbering foreclosure/bank-owned...