bank owned properties: An Open Letter to Distressed Home Owners - 07/19/08 04:24 PM
Dear Mr. & Mrs. Distessed Home Owner:
You are no doubt facing a financial crisis. Your home is being foreclosed and you are angry. 
In your anger, don't make the situation worse.  When you bought your brand new home in Prince William County, it came with a stove, refrigerator and most likely, … (16 comments)

bank owned properties: Bank Sales and HOAs - 06/04/08 05:45 PM
More and more REO (bank owned) properties are showing up in Prince William County, and the entire Northern Virginia area.  I believe that there are 7,000 homes in Prince William County in various stages of foreclose. 
Be aware, once the bank takes possession of the home, you as the potential home … (3 comments)

bank owned properties: A Bad Argument to Make with a Counter Offer - 05/10/08 11:48 AM
So I presented a lowball offer on a property I have listed that is priced according to current market conditions.  It doesn't bother me.  And I prepared my seller for it with a simple statement, "If you wanted to make an offer on a house, would you start with full price offer?"
(2 comments)

bank owned properties: Landlords Who Take the Money and Run - 03/22/08 05:04 PM
As if we didn't already have enough to think about.  When we go on listing presentations for a sale, we have to determine if the sale might end up being a short sale.  When we take buyers into ambiguously listed properties we have to inquire, "Is this a short sale or … (11 comments)

bank owned properties: Great Buyer Reactions!! - 02/22/08 04:41 PM
In my three years selling homes, I had never gotten that one buyer that had a reaction I will never forget....that was...until today.
It began with a negotiation that had my buyer and I on the edge of our seats.  An additional offer came in at the last minute, just when we had verbally … (0 comments)

 
Real Estate Agent: Chris Ann Cleland, GRI (Long & Foster)
Chris Ann Cleland, GRI
Bristow, VA
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Long & Foster

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