short sales virginia: SHORT SALES in Maryland and Virginia. FORECLOSURES, BANK OWNED, REO?? WHAT ARE THE BUZZ WORDS? TRANSPARENCY? CONSUMER'S RIGHT TO KNOW? NONSENSE! - 02/09/08 01:19 PM
Short Sales in Maryland and Northern Virginia are not the "bargain basement" buys that many home buyers and even investors expect.
Short Sales, Foreclosures, Bank Owned homes, REO, all the new Buzz Words for consumers. But, do the public really understand how they work and how to capitalize in this market? So far, in Maryland and Virginia, the public is expecting a lot more than the banks are ready to deliver.
* * * * DANGER! HARD CORE REAL ESTATE TALK * * * *
A LITTLE BIT OF KNOWLEDGE CAN BE DANGEROUS to THE CONSUMER'S FINANCIAL HEALTH.
EXAMPLE #1:
Today, about an hour ago, I received … (42 comments)
|
short sales virginia: THINK SHORT SALES ARE A TOUGH MARKET? MORE RAIN COULD BE COMING. ACTIVE RAIN FOLKS, GET READY. We could be selling half finished homes "flapping in the wind". - 01/28/08 07:39 PM
It's Deja vu all over again.
SHORT SALES ARE TOUGH, BUT IT COULD BE TOUGHER. Reading posts about short sales today brings back memories. Some of us can remember the Savings & Loan disaster and the creation of the RTC back in the early 1990s. They weren't short sales but foreclosures were on every corner. We listed and sold properties for banks, mortgage companies, FDIC, Fannie Mae, Freddie Mac and many investors.
WHAT HAPPENS IF BUILDERS CAN GET CONSTRUCTION FINANCING? If the market continues on the present track, following the million or so home owner foreclosures or short sales, we just could have … (20 comments)
|
short sales virginia: SHORT SALES: THE APPROVED, THE POSSIBLE AND THE WISHING WELL - 11/19/07 01:20 PM
HOW MANY ARE SHORT SALE OPPORTUNITY AND HOW MANY ARE LISTING OPPORTUNITIES?
*** WARNING: HARD CORE REAL ESTATE INFORMATION ***SHORT SALE ACTIVITY IS OFTEN UNCHARTED TERRITORY FOR MANY AGENTS AND BROKERS.We recently spent about 6 hours researching short sales in the MD/VA area to prepare a training class for our agents who are faced with more and more listings containing the word "short sale". Agents who are advertising for and offering to list short sales often have never closed a short sale contract. "SHORT SALE" has become "short hand" for the description of a house that an owner needs to sell, has … (86 comments)
|
|
|
|
;)
;)
;)
