Real estate blog entries tagged with virginia short sale realtor by Marcus Rice, Richmond, NOVA, Virginia Beach Area Realtor/Broker (Equity First Realty )

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virginia short sale realtor: How long do Short Sales take?- Richmond VA CDPE Short Sale Broker - 11/23/14 02:54 PM

How long do Short Sales take?-Richmond VA CDPE Short Sale Broker

How Long Do Short Sales Take?
This is the million-dollar question.
The short sale process, from submission to short sale approval, is generally as follows:
Submission of offer and complete short sale package from the seller.
Bank acknowledges receipt -- 10 to 30 days.
Bank orders a Brokers Price Opinion (BPO) or appraisal -- 15 to 30 days.
File is reviewed -- 30 to 45 days.
Negotiator is assigned -- 30 to 45 days.
Level II negotiator may be assigned -- 35 to 45 days.
File is approved or … (0 comments)

virginia short sale realtor: Richmond VA Foreclosure Process - 06/22/14 12:56 PM

When a homeowner is facing financial difficulty, sometimes the initial reaction is to do nothing in hopes that things will get better. As time progresses, the foreclosure process continues, additional debt incurs, and what seemed like a small obstacle can turn into an unconquerable mountain. On average, seven out of ten homes that end up in foreclosure showed no signs of intervention. Meaning the owner made no attempt at a loan modification, a short sale, or any other work out alternative to stop foreclosure.
If you are facing foreclosure, please feel comfortable contacting us. We will discuss your options and provide you … (0 comments)

virginia short sale realtor: Foreclosure Help Richmond VA Short Sale - 09/01/13 02:11 PM

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virginia short sale realtor: Richmond Virginia Foreclosure Law - 09/01/13 01:43 PM

Richmond Virginia Foreclosure Process
When a homeowner is facing financial difficulty, sometimes the initial reaction is to do nothing in hopes that things will get better. As time progresses, the foreclosure process continues, additional debt incurs, and what seemed like a small obstacle can turn into an unconquerable mountain. On average, seven out of ten homes that end up in foreclosure showed no signs of intervention. Meaning the owner made no attempt at a loan modification, a short sale, or any other work out alternative to stop foreclosure.
If you are facing foreclosure, please feel comfortable contacting us. We will discuss … (0 comments)

virginia short sale realtor: Richmond Virginia Foreclosure Process - 05/31/13 10:46 PM

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virginia short sale realtor: Richmond VA Short Sale Team - 03/31/13 02:00 PM

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virginia short sale realtor: Foreclosure Fears Richmond VA Short Sale - 03/31/13 01:53 PM

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virginia short sale realtor: Bankruptcy Solutions, Richmond VA Short Sale - 03/31/13 01:48 PM

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virginia short sale realtor: Foreclosure and your credit score, Richmond VA - 03/31/13 01:41 PM

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virginia short sale realtor: 3 Reasons the Term “Strategic Default” Is Misleading, Richmond Va - 03/31/13 01:33 PM

3 Reasons the Term “Strategic Default” Is Misleading

In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth).
Now that more than one in four American homeowners is “underwater,” I feel that it’s important for the community to know the truth about strategic default.
The truth is the foreclosure process carries with it credit issues, current and future employment challenges, issues with security clearance and possible debt collections.
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virginia short sale realtor: Your Credit in a Foreclosure vs. a Short Sale, Richmond VA - 03/17/13 01:44 PM

Finding your Richmond, VA. dream home has never been easier, use our links to get started.

WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or remaxrice@live.com

The Marcus Rice Team
Exit Elite Realty
13356 Midlothian Turnpike
Midlothian, … (2 comments)

virginia short sale realtor: 10 REASONS SHORT SALES GET DENIED IN RICHMOND VA - 03/17/13 01:37 PM

Finding your Richmond, VA. dream home has never been easier, use our links to get started.

WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187

The Marcus Rice Team
Exit Elite Realty
13356 Midlothian Turnpike
Midlothian, VA 23113
Call … (0 comments)

virginia short sale realtor: Short Sales Are Bargains Worth Your Time and Money, Richmond VA CDPE - 03/17/13 01:32 PM

virginia short sale realtor: When Should I Begin The Short Sale Process? Now! Equity First Realty - 03/10/13 01:55 PM

Finding your Richmond, VA. dream home has never been easier, use our links to get started.

New Interactive Map Search! WWW.RICHMONDVAHOME.COM
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or remaxrice@live.com

The Marcus Rice Team
Exit Elite … (0 comments)

virginia short sale realtor: Short Sales Are Bargains Worth Your Time and Money - 02/24/13 12:35 PM

Finding your Richmond, VA. dream home has never been easier, use our links to get started.

WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or mriceteam@msn.com

The Marcus Rice Team
Exit Elite Realty
13356 Midlothian … (2 comments)

virginia short sale realtor: 10 REASONS SHORT SALES GET DENIED - EXIT REALTY - 02/24/13 12:25 PM

Finding your Richmond, VA. dream home has never been easier, use our links to get started.

WWW.RICHMONDVAHOME.COM

WWW.RICHMONDHOMESEARCH.NET

The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...

The Marcus Rice Team can be reached at 804-247-8187 or mriceteam@msn.com

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virginia short sale realtor: 10 REASONS SHORT SALES GET DENIED in Richmond VA - 10/28/12 06:39 PM

virginia short sale realtor: Short Sales Are Bargains Worth Your Time and Money - Richmond VA - 10/28/12 06:35 PM

Finding your Richmond, VA. dream home has never been easier, use our links to get started.

WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or mriceteam@msn.com

The Marcus Rice Team
Exit Elite Realty
13356 … (0 comments)

virginia short sale realtor: When Should I Begin The Short Sale Process in Richmond Va? Now! - 10/07/12 01:21 PM

Finding your Richmond, VA. dream home has never been easier, use our links to get started.

New Interactive Map Search!WWW.RICHMONDVAHOME.COM

The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187

The Marcus Rice Team
Exit Elite Realty
13356 … (0 comments)

virginia short sale realtor: Short Sales Are Bargains Worth Your Time and Money, Exit Realty VA - 08/26/12 01:32 PM