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What happens when my Short Sale doesn't get approved by the "Short Sale Approval" date? - 01/31/11 09:27 PM
Pamela Stangler of Long & Foster Real Estate in Gainesville, VA does a great job of explaining what happens when a short sale contract doesn't get approved in the timeframe written in the contract. Please leave your comments on her original post. Via Pamela Stangler - Northern Virginia Realtor (Long and Foster): When you are a buyer purchasing a Short Sale property, there are certain dates to be aware of that come along with the Short Sale Contingency Addendum to your Sales Contract. What is a short sale you ask? A short sale occurs when the seller's proceeds are less than necessary to pay
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Listing with the Agent Who Gives You the Highest Possible Sales Price Scenario--Is It In Your Best Interest? - 01/29/11 10:17 PM
It's hard for Sellers to hear news they just don't want to, especially if there is an agent in the market that is willing to fly in the fact of cold hard facts. This is a great post on pricing by Bristow Realtor Chris Ann Cleland. If you are planning to sell your Bristow home, talk to Chris Ann. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): Listing with the Agent Who Gives You the Highest Possible Sales Price Scenario--Is It In Your Best Interest? If you are a Bristow, Virginia Seller, you know that our market
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New Elementary Schools in Bristow/Nokesville, Virginia - 01/29/11 10:09 PM
Looks like Bristow and Nokesville will soon be served by a new elementary school Bristow Realtor® Pamela Stangler is on top of it. To find out how it will affect you, read her post. Via Pamela Stangler - Northern Virginia Realtor (Long and Foster): There are two new elementary schools that will open in September 2011 in the Bristow/Nokesville area. One is T. Clay Wood Elementary in Nokesville; the other is a school not yet named on Linton Hall Road. This will change school boundaries in western Prince William County to alleviate overcrowding. Under the new boundary plan, the Lakeview Estates, Virginia
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A Photo Tour of Northern Virginia - 01/28/11 08:26 PM
Every day shots of your surroundings can be very pleasing. Pam Stangler caught some great every day shots of our Northern Virginia area. I enjoyed them enough to want to share them. Via Pamela Stangler - Northern Virginia Realtor (Long and Foster): There are so many interesting things to see around Northern Virginia and I like capturing those things on camera! A perfect day of sight seeing and antiquing in the country yields some great photos. I thought I would share some of them with you, since today we have about 4-6" of snow on the ground. I choose to reminisce about days gone
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What it Means to Have Something Notarized -- And How it Can Screw Up Your Short Sale - 01/27/11 09:35 PM
If you are involved in a short sale, directions must be followed to a "T". And that means having properly notarized documents. Chris Ann Cleland, Short Sale Specialist in the Bristow-Gainesville-Haymarket area ran into a first hand issue of improper notarization of documents. Do it right the first time and you will have no worries. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): What it Means to Have Something Notarized -- And How it Can Screw Up Your Short Sale So there you are, you're an out of state Short Sale Seller. Your Short Sale has been
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Foreclosure: It's Not a Get Out of Jail Free Card - 01/25/11 11:00 PM
How many times have you heard someone say something to the effect that if their short sale didn't work out as they wanted, that they would just let their home go to foreclosure. By saying that, the implication is that the is no repercussion in allowing a home to go foreclosure. How did that even come to be in society today? Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): As a Northern Virginia Short Sale Agent, I come across Sellers all the time that think if they can't get their mortgage holders to agree to a Short Sale under
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Manassas Park's New Car Wash with a conscience! AND dogs? - 01/24/11 11:08 PM
Does your dog need a bath as bad as your car? Well, take them both to the same place. Manassas Park has a new car wash where you can wash your car, your motorcycle or even your dog. Via Pamela Stangler (Long and Foster): Speedy Green is the first of it's kind in the United States according to the Thursday, January 20th edition of the Gainesville Times. It is located at the corner of Route 28 and Manassas Drive and offers not only a car wash, but a dog wash, motorcycle wash and the first do-it-yourself car detail center in the U.S. They aim to
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Braemar Residents: Meet Federal Representative Gerry Connolly January 27th at 7pm! - 01/24/11 05:59 PM
Back in the days when I had more energy and tons of time, I was very politically active. Whenever possible, it is a great thing to voice your cares and concerns to your elected officials. And if you live in Bristow's community of Braemar, you'll have that opportunity this Thursday. See Chris Ann Cleland's post below for details. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): Braemar residents have the unique opportunity to meet their Federal Representative Gerry Connolly this Thursday, January 27th at 7pm. Representative Connolly and Prince William County Supervisor Wally Covington will be in
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Huston Painting: A Good Paint Job is in the Prep Work - 01/17/11 03:57 PM
Looking for a great painter in Northern Virginia? Noel Huston of Huston Painting does a fantastic job. He realizes it's more than putting color on the wall. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): I am fortunate to know many great professionals in various lines of work. One such professional is a long time friend by the name of Noel Huston. I've known Noel since 1989. He reminded me of this fact when he was painting my dining room. His name is pronounced KNOLL HOUSTON. Noel runs a painting business: Huston Painting. And I am thrilled to
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Truth and Honesty-It Works If You Would Just Let It - 01/16/11 01:14 PM
Being honest from the very beginning can save a lot of hassle when it comes to finding a rental. There is not one landlord out there that likes it when skeletons start falling out of your closet. Be honest from the start. You'll get a lot farther. Via Cindy Jones-Northern Virginia Real Estate & Military Relocation Services (CJ Realty Group, Inc.): In today’s market a lot of families have hit on tough times. As a result they may have or are in the process of losing their home. It doesn’t matter if it is a job loss, divorce, medical bills or
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Northern Virginia Short Sale Sellers Need to Know the Definition of a 1099 - 01/16/11 01:02 PM
The word 1099 gets thrown about a lot when talking about short sales. Thankfully, Chris Ann Cleland of Long & Foster Realtors has taken the time to explain what a 1099 is. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): Northern Virginia Short Sale sellers often hear the term 1099. So what exactly is a 1099? A 1099 is a form that reports income other than wages and salary to the IRS. As a Northern Virginia Short Sale seller, what can be reported to the IRS on a 1099 is the amount of forgiven debt by a
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Getting the Most Money From the Sale of Your Northern Virginia Home - 01/13/11 08:44 PM
Every seller wants to get the highest amount of money for their home. And the good news is, they don't have to spend a lot to maximize their gain. Here are some tips from Associate Broker, Chris Ann Cleland of Long & Foster Realtors in Gainesville, VA. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): How do you get the most money from the sale of your Northern Virginia home? The answer is surprisingly simple. It all has to do with simple tasks that involve elbow grease. DE-CLUTTER: This one is the most important and before you get
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What Do I Need to Do If I Have an Alternative Septic System Installed to Serve my Northern Virginia Home? - 01/07/11 10:03 PM
According to the post below, there are 1,000 alternative septic systems installed for residential use in Prince William County. Here's some good information for those home owners. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): Alternative Septic Systems have been a hot topic in the Virginia Legislature since 2009. That's not to imply that Alternative Septic Systems are bad. Being relatively new technology the purpose of all legislation surrounding these Alternative Septic Systems is to monitor them as we learn how they work in our climate. To begin, if you were to install an Alternative Septic System on July
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How Do Realtors® Get Paid? - 01/07/11 10:01 PM
While I am no longer an actively engaged real estate agent, I thought this post was very eye opening for the public to see just how a real estate agent gets paid. It takes a lot of hard work to make a living on straight commission. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): How do Realtors® get paid? That's a question I get asked by just about every client I have. I also get asked by friends who are thinking of getting into the business. This post should make it pretty clear. The vast majority of
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Undlisclosed Short Sales-Is There A Point To This Status In The MLS? - 01/02/11 09:03 PM
Stumbling on to situations that are undisclosed, like short sales, is not a welcome happenstance for agents representing buyers in the current marketplace. The MLS for the Washington Metropolitan region had a handle on the issue with a short sale disclosure. Problem is, some Sellers don't want to disclose that their home is subject to short sale approval. So how are buyers supposed to write offers without knowing the need for short sale approval? Via Cindy Jones-Northern Virginia Real Estate & Military Relocation Services (CJ Realty Group, Inc.): Today while scheduling appointments to show listings in Northern Virginia one of the
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Can a Northern Virginia Buyer Have Multiple Ratified Short Sale Contracts? - 01/02/11 08:58 PM
Buyers writing multiple offers in the hopes of getting one home is expected, depending on market conditions of course. A buyer that is looking for one home, but that has multiple ratified contracts in play could be asking for trouble. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): Can a Northern Virginia Buyer have multiple ratified Short Sale contracts? The answer to that is complicated. In the spirit of real estate monogamy, where one motivated Buyer and one motivated Seller get together to make a successful real estate transaction, the practice of writing multiple offers, in hopes
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What's the Climate Like in Northern Virginia? - 01/02/11 08:42 PM
I'm not a native of Northern Virginia like my friend Chris Ann Cleland, but having lived here for longer than I can remember, I have to say that she nailed our seasons and weather in her post below. Please leave your comments on her original post. Via Chris Ann Cleland, Associate Broker (Long & Foster REALTORS®, Gainesville, VA): What's the climate like in Northern Virginia? That's the first question you may have if you just found out that you're job is tranferring you to Northern Virginia. You can read temperature and rainfall statistics until you are blue in the face. It won't
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