SHOULD I PAY MY MORTGAGE? - 06/23/09 10:09 PM
Just found this great article on how to approach a possible short-sale or foreclosure. A long article but extremely useful.
Via Richard Zaretsky, Florida Real Estate Attorney (Richard P. Zaretsky P.A. ):
This seems to be THE NUMBER ONE question I get.  Unfortunately there are several answers and which  is correct for you depends on the Circumstances.  I will address the common scenarios in this article.
Policy in my office is to never "tell" - as in "instruct" - our borrower client to pay or not to pay their mortgage.  Paying or not paying has a lot of collateral effects and the borrower … (0 comments)

Idylwood Towers Market Update 2009 - 06/09/09 01:27 PM
It seems investors and homeowners are finally realizing the value of Idylwood Towers this year. There has been 6 homes sold in the first 5 months of 2009. The lowest price was a 1br/1ba at $190,000. The maximum price was an updated 3br/2ba property at $315,000.
The average price YTD for a 1 bedroom unit is $190,000. The average price YTD for a 2 bedroom unit is $206,250. As mentioned earlier, a 3 bedroom unit sold for $315,000.
Homes on average sell for 89.8% of the original list price. They sell for 96.7% of the final list price. So, if you … (0 comments)

Gates of McLean Market Update Summer 2009 - 06/04/09 01:26 PM
There has been a reasonable market activity at the Gates of McLean this year. It seems investors and homeowners are realizing the value of the community - on the last few homes I inquired or put in offers on we have competed with multiple offers with the sales price ending up at or above asking price. There has been 7 homes sold in the first 5 months of the year. The lowest price was a 1br/1ba at $195,000. The max price was a 3br/2ba property with granite countertops at $354,750.
The average price YTD for a 1 bedroom unit is $207,500. … (0 comments)

Pimmit Hills Summer 2009 Update - 06/03/09 12:34 PM
There has been reasonable activity in Pimmit Hills this year. It seems like investors and homeowners are realizing the value of the community. The last few offers I made on Pimmit Hills homes competed with multiple offers from other competing agents with the sales price ending up at or above asking price.  There have been 16 homes sold in the first 5 months of the year. The lowest price was a 3br/1ba rambler at $279,900. The max price was a 5br/4.5ba new construction foreclosure at $720,000. The average price for all homes sold was $374,646.
Homes on average sell for 94% … (0 comments)

 
Mypicture2

Are Andresen - Northern Virginia Real Estate

Falls Church, VA

More about me…

Soldsense - your sixth sense in real estate

Address: 1934 Old Gallows Road, Suite 350, Vienna, VA, 22182

Office Phone: (703) 560-3424

Email Me



Links

Archives

RSS 2.0 Feed for this blog