Real estate blog entries tagged with short sales by Northern Virginia Homes

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short sales: Virginia Short Sales are CLOSING! How to Find Good ones! - 02/12/09 02:38 AM

I hate to do this, but ActiveRain blows when it comes to copying and pasting a blogger blog into Activerain (any tips? I blew an hour trying). So here is a lamo link to my Newest (LONG) short sale post on the latest trends. Don't miss this one! NEWSFLASH! MANY Short … (0 comments)

short sales: Anybody Offering on "Under Contract" Short Sales? - 02/06/09 10:46 AM

So Short Sales are starting to close in the DC area. For example in Arlington, last year only 3 had closed in a year (out of hundreds of attempts). Now not only have 3 or 4 closed in my building alone, but many more in Arlington.
If the agent knows what … (21 comments)

short sales: Scrubbing for Short Sales. FranklyMLS.com Adds an Asterisk. - 06/15/08 12:16 PM

In a long list of "1sts", FranklyMLS.com is now the 1st Virginia/DC/MD MLS search engine that scrubs for Short Sales! (maybe the 1st in the nation). Also see my quote today in the Wash Post, and my other articles defining Short Sales.
On the FranklyMLS.com spreadsheet results page, try a … (11 comments)

short sales: Virginia Commissions Offered to Buyer Agents. MRIS RULES - 05/09/08 02:44 PM

I just attended the NVAR (Northern Virginia Association of Realtors) Hispanic Forum event, which included Michelle Yam from MRIS's Compliance department.
It was a great way to clarify the rules on how to advertise cooperating commissions on our local MLS.
Here are the rules for MRIS as I understand it (as … (14 comments)

short sales: Questions to ask Short Sale Listing Agent BEFORE showing - 05/01/08 01:37 PM

I wrote extensively before about Short Sales and how only 5% close in my area.
Well, I think it might be a little too harsh to completely ban them, especially if a client is looking further south where the stats might not be AS bad.
So I have come up with … (10 comments)

short sales: Virginia Short Sales are FAKE. Only 5% Close. - 02/20/08 02:38 AM

Most Short Sales are what I call "FAKE listings." Only 1 in 20 sells. In Arlington only 3 have sold out of 65 attempts. I briefly went over Short Sales when I defined all SOL Homes including REOs, Bank Owned Etc. But Short Sales need more attention, as they are very … (41 comments)

short sales: Pitfalls of Mortgage Cancellation Tax Relief Act, H.R. 3648 - 12/05/07 11:50 AM

Update blog post over at My Quote in Washington Post Elaborated: Do you all know about the Mortgage Cancellation Tax Relief Act, H.R. 3648? You can see NAR's approval of such a bill here.
This bill was enacted to help homeowners that sell their homes via a Short Sale from getting … (19 comments)

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