Real estate blog entries tagged with prince william county foreclosures by Cindy Jones-Offering Real Estate Service for the 21st Century in Northern VA (RE/MAX Allegiance #1 RE/MAX Company in the World)

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prince william county foreclosures: What Happens When Banks Get into the Real Estate Business? - 07/02/08 12:25 PM

A few years ago Realtors® were up in arms about the thought that banks might get into the real estate business. Letters were fired off, hearings were held and the NAR spent thousands to make sure that banks stayed at arms length from the real estate transaction.
Fast forward to today … (55 comments)

prince william county foreclosures: Sometimes You Have To Kiss A Few Frogs - 06/21/08 07:54 PM

I doubt that either of these two terrific people ever had to kiss a frog in their lives but they certainly learned that when it comes to looking for a new home that you do have to look at a few frogs before you find your prince.
In this case we … (13 comments)

prince william county foreclosures: Lemons Are Great for Lemonade but Not for Your First House - 06/17/08 10:16 PM

In Virginia there is a Lemon Law on the books to protect consumers who purchase a car which is later found to have serious defects. However, there is no such law when it comes to protecting buyers when they are purchasing a home. "Bargain" homes at first blush can look to be … (4 comments)

prince william county foreclosures: What is Hot in Northern Virginia besides the Weather? - 06/13/08 03:27 PM

Sales in Prince William County would be the answer. Sales may be stagnant in other parts of Northern Virginia but buyers are flocking south to Prince William to take advantage of the lower prices and great bargains in the area.
Check out the total sales comparisons between 2007 and 2008 in two zip … (1 comments)

prince william county foreclosures: Whatever You Do Don't Open That Door - 06/11/08 07:05 AM

....to the fridge that is. No matter how many times I give out the warning to buyers as we walk in the door of a foreclosure property it happens. It is a habit that just can't be broken.
Obviously knowing what condition that appliances are in when you are thinking about … (18 comments)

prince william county foreclosures: Another Get Rich Quick Scheme Hits the Airwaves - 06/01/08 02:55 PM

That's right you saw it here first. This morning in one of those can't sleep moments I turned on the TV and the latest infomercial on how to make a fortunate buying foreclosures was running. It was one of the many that the unsuspecting public hears everyday. The premise in all of … (10 comments)

prince william county foreclosures: Can You Use a VA Loan to Buy a Home in Foreclosure? - 05/30/08 08:56 PM

There seems to be a rumor flying around that you can't use a VA loan to buy a foreclosure property. THIS IS NOT TRUE! Buyers all over Northern Virginia are successfully closing on a foreclosure property using their VA loans. It is funny how rumor becomes fact by just one person … (3 comments)

prince william county foreclosures: The News Came Knocking and the Assumptions Were Wrong - 05/27/08 07:45 PM

Today our local Washington ABC News Channel came knocking on our office door with a camera crew to put together a story on the high rate of foreclosures close to local military bases. They came with the assumption that due to the high number of military personnel in our area that … (12 comments)

prince william county foreclosures: Foreclosure Negotiations-A Game of Pong Anyone? - 05/20/08 08:06 PM

Long before there was the Wii, Xbox 360 or PlayStation there was the Atari. One of the most popular games on Atari when it first came out was the rousing game of Pong. You could go fast or slow but certainly not anywhere near the speed of today's video games. Technology … (10 comments)

prince william county foreclosures: Buy This Prince William County Home for 50% Off - 05/15/08 07:56 AM

Yesterday touring potential bargains in the Lake Ridge area of Prince William County turned up a "half price" home. The property I found sold for $1,375,000 in April 2006. Today it is on the market for $763,900 almost 50% less than the original sales price. The current tax value on the home hovers close … (13 comments)

prince william county foreclosures: One Bad Apple Doesn’t Spoil the Whole Bunch…Or Does It? - 05/05/08 05:32 PM

On a regular basis the local press focuses on the negative aspects of the current market in Prince William County. Buyers call to ask about the area and say we have heard the Prince William County is a "bad place to live." It is an assumption that keeps many people from … (12 comments)

prince william county foreclosures: Snap Your Fingers and Think the Addams Family - 05/03/08 07:30 PM

To me it doesn't matter whether a home is bank owned or not, if you want buyers to consider the property you need to take just a little time to keep up with listing photos and exterior maintenance.
Since my office is in Prince William County we deal with a fair share … (22 comments)

prince william county foreclosures: Should I Add Burglar to My Business Card? - 05/01/08 06:06 PM

After the crazy loan issue earlier in the week recounted in my post"The Devil is in the Details" there were high hopes that my second closing for this week, a foreclosure, would make it to the settlement table on time. Despite some last minute concerns about my buyer's loan we were … (29 comments)

prince william county foreclosures: Foreclosure Scammers-The Snake Oil Salesman of Today - 04/23/08 05:58 PM

Are you a homeowner facing foreclosure? If so you need to watch out for companies that are calling and writing you claiming that they can help you beat foreclosure. Unfortunately most of them are scams and they are looking for ways to try and make you part with what may be … (14 comments)

prince william county foreclosures: The Odd Couple-Real Estate Agents and Asset Managers - 04/21/08 07:15 AM

Just as Felix and Oscar had to learn to live together despite their different styles so do real estate agents and asset managers. Thrown together by a real estate market in turmoil agents and asset managers seem to have total different work styles and yet here we are both trying to … (5 comments)

prince william county foreclosures: Foreclosures-They Are Here and You Can’t Ignore Them - 04/03/08 08:27 AM

As buyers shop for a new home in Prince William County they have a choice to make. Do they look at all available properties in their target neighborhood or do they only look at homes that are being sold by "private owners?" If they decide to exclude foreclosures will their pocketbooks … (8 comments)

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