Yes, even in swanky Vienna, VA there are real estate short-sales. As the process has been allowed to pickle over the last few years, banks have come up with strategies to streamline the process. That sounds like good news but I still have to advise home buyers that these are tricky transactions that will require [...]
Selling a Home before the Bank Forecloses
April 8, 2010 By 3 Comments
Real Estate short sales may just start your headache
March 23, 2010 By 1 Comment
Image by Rev Dan Catt via Flickr When people sell their home for less than they owe on their mortgage it is called a “short sale”. And these can give short-sale-sellers the impression that the agreement to repay the amount borrowed has been satisfied, and that it is time to move-on like in a traditional [...]
Home buyers need a plan, and be ready to pull the plug…
September 8, 2009 By Leave a Comment
It has taken a couple of months, but you are now walking up the stairs and into your new home. It’s actually a little bigger than you thought and you can’t wait to paint the kitchen, replace the carpet, get the FiOS set up, and turn in the keys at the old place. Maybe even [...]
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