foreclosures: Short Sale VS. Foreclosure - Which Is Worse? - 03/09/08 01:55 PM
Short Sales. Foreclosures. Which is worse on a persons credit rating?
Recently I was watching a program on one of the major news networks, and an "expert" was explaining how a Short Sale was just as bad on a persons credit rating as a Foreclosure.
Maybe, but maybe not? If a person is … (13 comments)
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foreclosures: Multiple Offers And What It Means For The Market - 03/03/08 06:49 PM
I've noticed a distinct change in the market. When placing listings in the MRIS, I always put "call first" in the showing instructions. Usually the showing agent makes the courtesy call, we make some small talk, and I take the opportunity to discuss some of the properties highlights, and that is … (14 comments)
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foreclosures: Homes For Sale In The Fredericksburg & Northern Virginia Area Priced Under $200,000 - 02/27/08 06:02 PM
Think there are no deals out there? Think again! The Wallace & McGrath Team has a number of homes priced under $200,000 in the Fredericksburg Virginia and surrounding areas.
Please visit our website - www.fredva.com for more property information. New properties coming on the market every day.
102 Hill Street … (0 comments)
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foreclosures: REO Timelines - Why Are They So Long? - 02/26/08 06:16 PM
I hear a lot of horror stories about Foreclosures & REO's and the time it takes to get answers to offers and to get a contract Ratified. Days to get an answer. Weeks even. A month to get Ratified. All sorts of things.
I do a fair amount of REO's, and I … (4 comments)
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foreclosures: The Offers That Come In - And How Different They Can Be - 02/09/08 06:54 PM
Some days it feels like the market is swinging like Tarzan on a vine as he chases Jane through the jungle. I have noticed some interesting patterns recently, but I can't say that I have an explanation for them.
Two weeks ago, it seemed as if every contract I saw was a … (10 comments)
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foreclosures: Foreclosures - And The Condition We Find Them In - 02/02/08 07:18 PM
I do a bit of REO work, and I have seen quite a few homes recently that have been foreclosed on. I generally feel, as do most people, a true sense of sadness when I think of a family losing their home. In my view, these are real people, with real … (13 comments)
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foreclosures: Home For Sale - $199,900 - Fredericksburg VA - 3350 Winding Rd Partlow VA 22534 - Foreclosure - www.fredva.com - 02/02/08 06:13 PM
Kevin McGrath
Selling Homes In The Fredericksburg Virginia Area
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foreclosures: A Day At The Races - Looking At Homes In Northern Virginia - 01/26/08 05:01 PM
The Market Was Crowded Today - At Times I Felt Like I Was Vying For Front Row Seats At A Rock Concert. I've got great clients. They show up on time, they make decisions, and they are realistic. I could not ask for more. We have written offers, fair offers, on three … (1 comments)
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foreclosures: Reduced - $269,900 - Foreclosure - 37 Rollingside Drive - Fredericksburg VA 22406 - www.fredva.com - 01/25/08 05:52 PM
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foreclosures: Reduced - Foreclosure - $249,900 - 654 Hunters Rd Culpeper VA 22701 - www.fredva.com - 01/25/08 05:42 PM
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foreclosures: I Really Need To Hire An Assistant - But I Really Don't Want To Be A Boss....... - 01/24/08 03:34 PM
Man, I love Real Estate. It has been great to me. Being my own boss is the best. Not being anyone else's boss is even better. Alas, all good things must come to an end. Business is good. Closings are stacking up. So is paperwork. Now, I am not the smartest … (9 comments)
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foreclosures: Foreclosures For Sale In Fredericksburg VA & Surrounding Areas - 01/12/08 07:44 PM
The Wallace & McGrath Team has a wide variety of homes for sale, including many foreclosures that offer the opportunity for substantial savings. We have homes for sale in Fredericksburg, Stafford, Spotsylvania, Orange, Caroline, Prince William, and Fairfax Counties. Please feel free to visit our website @ www.fredva.com for more details. Kevin McGrathThe … (2 comments)
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foreclosures: Bank Sales & the Closing Date - Be Careful What you Wish For - You Might Get It - 11/30/07 06:50 AM
I think Bank Sale Homes are a great opportunity. Often, when I get an offer on one of my bank owned listings, it will have a very "aggressive" closing date.If you are on the buyer's side, there are a couple of questions you might want to think about when writing the offer. "Does … (13 comments)
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foreclosures: The World Of Foreclosures - And The Bizzare Things You See - 11/21/07 06:52 AM
Does the antenna boost the satellite signal, or does the satellite boost the antenna signal? Or - is this how you get HDTV in the country? This is just one of the many bizzarre things I see on a daily basis when I secure homes under foreclosure. Kevin McGrathThe Wallace & McGrath TeamColdwell Banker Elite"Selling … (5 comments)
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foreclosures: Foreclosures - And How They Affect Appraisals ?? - 11/15/07 05:21 PM
With so many foreclosures out there now, selling for so much less than some comps out there, my question is this.Do appraisers look any differently at foreclosures when doing appraisals? For instance, in my neighborhood of 400-550k homes, there is a new foreclosure listing for $299k. It is in really nice … (11 comments)
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foreclosures: BPO's - How Are They Graded By Banks? - 11/15/07 06:52 AM
In a sales meeting today I heard a comment that I am still trying to get my mind around. I heard that banks will grade agents on BPO's. Basically - if you do a BPO and get the listing, you are graded on the percentage that it sells for in reference … (3 comments)
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foreclosures: Foreclosures - And How They Affect Appraisals ?? - 11/15/07 06:02 AM
With so many foreclosures out there now, selling for so much less than some comps out there, my question is this.Do appraisers look any differently at foreclosures when doing appraisals? For instance, in my neighborhood of 400-550k homes, there is a new foreclosure listing for $299k. It is in really nice … (12 comments)
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foreclosures: BPO's - How Are They Graded By Banks? - 11/14/07 06:53 PM
In a sales meeting today I heard a comment that I am still trying to get my mind around. I heard that banks will grade agents on BPO's. Basically - if you do a BPO and get the listing, you are graded on the percentage that it sells for in reference … (14 comments)
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foreclosures: Foreclosures, Sub-Prime Loans, and the American Dream - 11/02/07 05:26 PM
Manifest Destiny. A phrase that expressed the idea that the United States was destined to expand from the Atlantic seaboard to the Pacific Ocean. As I read this profound statement, it occurs to me that perhaps home ownership has become the Manifest Destiny of the late 20th and the 21st Century. The … (3 comments)
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