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short sale: A short sale in simple terms is the same process as buying a home only in reverse. - 04/14/12 05:37 AM
You are searching the Internet for answers. You have learned your home is not worth what you thought, you need or want to sell, you cannot rent your home for what the mortgage payment is....you are STUCK.
A short sale may be your best option.
Remember back when you purchased your home? Remember the lender needed two years tax returns, two months bank statements, two years W-2's ( or 1099) and they needed two months current pay stubs not to mention other things. Well the process of selling by short sale is simply the same process only in reverse. You need … (2 comments)

short sale: Did you get this weeks list of Foreclosure Homes in Prince William County Virginia? - 03/30/12 12:09 PM
If you are looking for Foreclosure Homes in the Prince William County Virginia area? In area's such as Woodbridge, Manassas or Dumfries.... then you've come to the right place. Find Single Family Homes, Townhouses and Condo's on this weeks list...their is something for everyone! Best of all Erick and Company does not make you sign up to get the list! Simply click on the link
THIS WEEK'S FORECLOSURE LIST
 

Note:The above homes are a few of the outstanding homes you will find on this weeks list. Click on the photo to learn more about each one. Remember, we work … (0 comments)

short sale: Tremendous Short Sale Opportunity If You Are Pre-Approved for $425,000! - 02/17/12 10:27 AM
It is not everyday that we see such nice homes being sold by short sale, however this one has everything are looking for and more.
It is located in Eagles Pointe between Fort Belvior and Quantico Virginia. Now, keep in mind this is a short sale and it will take a little bit of patience to get this one approved however it is a Wells Fargo Loan and that means it will take far less time than most short sales.

 
What makes this home so special?
 
Stone Front Two Story Family Room Gourmet Kitchen Two Car Garage Three … (0 comments)

short sale: Frustrated Homeowner Learned The HAFA Short Sale Option Was The Answer To His Problems.. - 01/27/12 06:29 AM
It was back in November when I received the phone call from the homeowner at 15000 Alaska Rd in Woodbridge Virginia. The homeowner was frustrated. He explained that he had previously entered into a loan modification with his Chase Bank only to fall behind once again. His bank suggested he do a short sale.
Below you can begin to see the problem. His home value dropped from $399,900 to less than $135,000.

This time he did his research online and decided...that just maybe he'd been going at this wrong. When he called he had a lot of questions. He looked … (8 comments)

short sale: Monday Morning Update-I've got great news for local home buyers and sellers today.... - 01/23/12 08:13 AM
The local real estate market has picked up to a pace we haven't seen since early 2003.
Showings are up dramatically on our listings, my friends in the new homes arena are reporting amazing traffic and across Prince William and Northern Virginia inventory is low. So it appears spring market has arrived early this year.
                                       

 


Breaking News---the home located at 12280 Tilney Ct, Lake Ridge Virginiawent under contract is 10 Days!
Listed for $845,000. 
For … (2 comments)

short sale: Real Estate Foreclosures in Woodbridge Virginia area. - 01/12/12 07:11 AM
People ask me all the time "how do I find real estate foreclosure homes in the Woodbridge, Lake Ridge Virginia area." My answer is simple, we can sign you up to receive automatic alerts. Then every time a new foreclosure MLS Listing is entered into the Realtors multiple listing service, you get notified even before I do. It's that simple. So share with me what you are looking for and I will immediately set up your custom search.
Currently today 1/12/2012 the Woodbridge Virginia area has over fifty(50) active foreclosure homes for sale.  The lowest price condo townhouse at $63,000 and … (0 comments)

short sale: Another great example why a home buyer needs to get automatic email alerts - 12/29/11 07:23 PM
Early this year we had buyer clients who fell in love with a home, however they did not get their offer in fast enough. They never got up to bat so to speak.They were so upset. They finally found a large home in their pre-approved price range of $200,000 or less. The reason they were smitten with this home is it had a big flat fenced rear yard. Now, they would have to keep looking...
Fast forward a few months. The buyers were receiving email alerts from our automatic home finder system everyday. One day, the home they lost out on, had just been updated in MLS as … (2 comments)

short sale: Selling by short sale with two loans can prove challenging...especially if you are with Bank of America and USAA. - 12/19/11 06:08 PM
Finally it's SOLD!  I have been  assisting a family in the Westridge Subdivision with the sale of their home. The sellers called me after they had watched Erick and Company recently list and sell two homes in the acreage section off Tilney Ct . Both Tilney Ct sellers had tried sell and failed, prior to hiring  Erick and Company .
What makes this listing different is , the homeonwers were upside down.The challenge was they had two loans. Bank of America is the first loan and USAA is the junior lien holder ( aka-the second trust mortgage) As luck would have it, the sellers were eligible for the HAFA Program. This is a huge advantage for the … (3 comments)

short sale: Big Banks have the power to make this Holiday Season bright for local businesses... - 11/17/11 08:37 AM
Just imagine what kind of "Holiday Season" local businesses could have, if banks would approve the backlog of short sales pending approval! Just imagine..
Currently in little Woodridge Virginia, we have more than 300 homes pending short sale approval, as of this post the bulk of the short sales have been Under Contract since April,May, June and July 2011. About a dozen have been Under Contract since 2010. ( can you believe that???) That is just ridiculous!
 
I said three hundred!  That means six hundred  moves! ( this does not include foreclosure homes or short sale homes already approved heading to settlement.) 
Don't you think our local merchants … (0 comments)

short sale: " Hallelujah! Your Friendly Realtor in Lake Ridge Virginia Has Good News To Share With Some Very Patient Buyers and a Fantastic Seller. - 11/17/11 05:54 AM
12990 Pondwater Ct, Lake Ridge Virginia Went Under Contract In Less Than Twenty Days... That was the headline on my LakeRidgeVARealEstateNews Blog on May 6th, 2011. Today is 11/16/2011. It has taken seven months to get short sale approval on the first and second trust! I have both letters in hand! The sellers entrusted Erick and Company to list the home for short sale on Pondwater Ct in Westridge Subdivision.Even before the listing went live on the market, we began creating the sellers marketing campaign.We concentrated on the unique features of this home. The peaceful wooded lot, the privacy and the KOI Ponds and waterfall. … (5 comments)

short sale: Just Listed in Woodbridge Virginia. Move-in Ready Single Family Home Priced Under $170,000! - 11/07/11 08:50 AM
Awesome Short Sale Opportunity in Woodbridge Virginia   One Bank Loan-Chase. Patient Buyer Needed   Listed at $169,900, this home features three bedrooms, two and half baths, a wood buring fireplace in family room,a fenced back yard with shed and plenty of off street parking. The home shows really well, in fact it is in move-in condition.     15000 Alaska Rd,Woodbridge Virginia, 22191 Can Be Yours Soon   Check out what is around the home, the schools, the community and view more photos here       Call  Erick and Company at 703-590-2252 to see this home today. View other … (0 comments)

short sale: Let's Explore Lake Ridge Virginia Short Sales and Foreclosures... - 10/15/11 08:15 AM
As you drive down the street here in Lake Ridge Virginia on any given weekend you see bandit signs in the median strip that says "Lake Ridge Foreclosures". Kind of makes you the driver think, we must have a lot of foreclosures in the area if someone has a spent a lot of money having all those signs printed up to boast about it. Right?
Wrong...!
Overall, Lake Ridge Virginia has had a total of 109 homes go to Foreclosure this year that have appeared on the MLS System For Sale. Now that's not a lot when you consider, Lake Ridge Virginia has … (0 comments)

short sale: A Couple Who Grew Frustrated Trying To Find a Home Were Amazed When I Showed Them FranklyMLS. - 10/04/11 02:32 PM
Have you grown frustrated trying to find Homes For Sale in the Bristow Virginia near Gainesville . You search online and stumble on Trulia or Zillow, Craigslist or even a Realtor website. You call about the home you like only to learn that the home is no longer available. It sold a few weeks ago, or has been off the market for months. Don't you just hate that?
Well, there is a better search engine for you. It is called FranklyMLS.com. Below is a map of all of the single family homes for sale right now in the Bristow Virginia area between $330,000 … (0 comments)

short sale: We Want To Buy A Home, However We Have Busy Schedules We Can't Be On The Computer 24/7. - 03/09/11 07:12 PM
The secret is to watch the real estate market closely even hourly to see "what's happening."
That said, who has that kind of time?. With work, responsibilities and your daily schedule it is difficult to be on the computer 24/7 looking for homes that you might like.
So what are your options?Well, we help our buyer and seller clients by setting them up on personalized search criteria. We use our Personalized Home Finder System and set your price limits, geographic area by map, street even the neighborhoods where you want to live.
Why is important to do this?
So you never miss … (4 comments)

short sale: Home For Sale Just Four Miles From Quantico Marine Base in Virginia - 02/24/11 08:02 AM
          
This home can be purchased with VA, FHA,Conventional Financing or Cash. This home is in good condition at the time it was listed. Needs some TLC but not much to make it shine. This is a great buy and perfect for the first time buyer or someone looking for a good rental property close the Quantico Marine Base. Click on the ad above to view Virtual Tour, What's Nearby and showing information.
Do you have questions about selling your home? Just pick up the phone and call.
You can Find out now what your home is worth.
If you would like to schedule an … (5 comments)

short sale: The Phone Rings. While The Man Is Talking I Pull The Historical Data. "Oh Boy!" - 02/15/11 05:41 PM
Over the weekend I received a call from a gentlemen who was calling to ask questions about selling his home. He mentioned the community he lived in so while he was talking, I went to the Realtor MLS Database and pulled the historical data. Below is a snapshot of what has happened to home values in his community.
 
"When I shared with the homeowner what the homes in the neighborhood had sold for in the last six months and what the fair market rental prices were. He grew very quiet. "
That is when I shared with him, selling by Short Sale is the answer when you cannot … (0 comments)

short sale: Working as a Buyers Agent For High End Buyers I Get To See The Best Homes In Prince William County Virginia! - 11/05/10 12:04 PM
Again the other day, I was out house hunting with purchasers looking for a luxury home here in Prince William County VA. This is the best part about being a Realtor who works the higher end market. it is very rare that I run into homes in bad condition in this price range. Occasionally, we will run into a short sale home that has been stripped of light fixtures and appliances, however that is as bad as it gets. 

 
Most of the time, Im working in communities such asLake Manassas, Cannon Bluff Estates, Featherstone Shores, River Falls and River Falls on The Occoquan, Meadowbrook Woods and … (10 comments)

short sale: This Week's Caller Asked: "Peggy is Wachovia Bank difficult to deal with when trying to get a short sale approved?" - 10/05/10 03:28 PM
                                              
That's a great question. And recently, I was one of few pprivileged REALTORS®, who were in attendance at RGS Title in Lake Ridge Virginia where a Wachovia Short Sale Manager was the guest speaker.
The gentleman was there to assist REALTORS® ,who are trying to help homeowners in the Prince William County, Virginia area who may need to sell by short sale. The meeting was very informative.
So if you need help and are facing a financial hardship, don't wait call me. "In fact I can have a Wachovia Short Sale Manager come meet with you personally to discuss your options and so you can learn personally from … (0 comments)

 
Peggy%20exit%20-%20copy Rainmaker_large

Peggy James-Full Time REALTOR® I Serve The Lake Ridge Virginia Area

Lake Ridge, VA

More about me…

Exit Choice Realty

Address: 14067 Crown Ct, Woodbridge, VA, 22193

Office Phone: (703) 851-3085

Email Me

Lake Ridge VA Real Estate News- Peggy James a local Realtor® helps home buyers and sellers in the Woodbridge,Lake Ridge, Manassas, Dale City, and Quantico Virginia area's. Ask questions, learn about short sales, foreclosure homes,how to sell your home fast. Find active homes for sale, learn "what's happening" in the local Prince William County Virginia Real Estate market.

Let me know if I can help you with a real estate question call 703-851-3085.


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Peggy James has detailed property information for 14325 Springbrook Court, Woodbridge, VA 22193 and more Woodbridge Real Estate listings



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