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buyer agency: Short Sale Investors - Are They ALL a Greedy Bunch? - 08/09/09 07:21 PM
Having just closed the absolute worst transaction of my real estate career, the anger and resentment are still very real. We can't always anticipate the integrity of the party on the other side - whether the agent or the client. I happened to be cursed with an incompetent agent with little to no experience and a witch of a short sale investor. The agent's ignorance was only surpassed by her client's arrogance. Without getting too involved in specifics, buyer presents a VA offer at an agreed upon sales price, at an agreed upon date, with an agreed upon earnest money deposit,
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buyer agency: Fannie Mae Takeover - Good News! - 09/15/08 02:24 PM
On Sunday, September 7th, the United States Treasury Department announced the government takeover of mortgage giants Freddie Mac and Fannie Mae. These two private corporations were created by the federal government decades ago to make mortgage loans less expensive. In recent months, Freddie Mac and Fannie have funded more than two thirds of U.S. home loans. However, the soft real estate market coupled with high-risk sub-prime mortgages issued over the past few years have made the stability of these two organizations uncertain. In July, Treasury Secretary Henry Paulsen asked Congress to authorize the takeover if the two were unable to show
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buyer agency: Buyers - Start Your Engines! - 04/11/08 08:21 AM
This time of year is so invigorating. Not only are we emerging from a long winter of high gas prices and gloomy weather, but also one of the worst housing slumps in recent history! The last month has been full of changes. Banks are coming to terms with the reality on the street....folks are NOT willing to pay too much for a house in this climate. Prices are actually competitive in many foreclosure markets and buyers are competing with each other for first dibs on a hot property. It's an exciting time to be buying and not all deals are showing
(8 comments)
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Irene Morales Ward, Realtor, ABR, e-Pro Northern Virginia Real Estate
Stafford,
VA
More about me
REMAX Distinctive Real Estate, Inc.
Office Phone: (540) 371-6157
Cell Phone: (703) 732-8364
Email Me
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