real estate: Strategic Walk - Aways - 2 Points Of View - Right? - 10/21/10 07:48 AM
We occasionally hear about "strategically walking away from your mortgage"; basically a scenario where you can pay, but because you owe more on your mortgage than the house is worth, you decide to throw in the towel.
I have always been against this. This is America; risk big, win big. Risk big, lose big. The chips fall both ways. I owe more on my mortgage than my house is worth, but have kept making my payments; that was the deal I made, and as I have no extenuating circumstances (yet), I continued to do so. But now I wonder if I … (4 comments)

real estate: ***SOLD*** Home For Sale - Fredericksburg VA - Greengate Rd - $199,900 - 08/09/09 11:33 AM
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real estate: Do Agent's Low Ball BPO's To Get Listings? According To An Article In The Washing Post - They Might - 03/28/09 05:17 PM
Dear Ken,
I read your article. (Sunday, March 28, 2009 - The Washington Post Real Estate Section Page F1)
I will have to respectfully take exception to the comments regarding agents and the low-balling of BPO's.
As a full time Realtor in the Washington DC market who is pretty deeply involved in the foreclosure market, and who has completed quite a few BPO's in the last couple of years, I can tell you that low-balling BPO's would not and does not work.
Yes, banks do use BPO's in the valuation process, but it is only one piece of the pie. They … (37 comments)

real estate: 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                        Fredericksburg VA                 $163,900
1732 Dulcinea Place                Woodbridge, VA                    $175,500
259 Manchester Drive              Ruther Glen, VA                    $179,900
805 Forest Avenue                  Mineral, VA                           $189,900
1920 Coppersmith Terrace       Woodbridge, VA                    $189,900
4532 Mine Road                     Fredericksburg, VA                 $189,900
26522 North Anna Drive           Ruther Glen, VA                    $194,900
3545 Forestdale Avenue          Woodbridge, VA                    … (0 comments)

real estate: Water View - Fredericksburg Home For Sale - $419,900 - www.fredva.com - 315 Twin Lake Drive - 02/25/08 07:11 PM
The Wallace & McGrath Team
Coldwell Banker Elite Real Estate
"Selling Homes & Foreclosures In The Fredericksburg Virginia Area"
www.fredva.com … (1 comments)

real estate: Town Home For Sale - Alexandria VA - $504,900 - Foreclosure - www.fredva.com - 02/25/08 07:06 PM
The Wallace & McGrath Team
Coldwell Banker Elite Real Estate
"Selling Homes & Foreclosures In The Fredericksburg Virginia Area"
www.fredva.com … (2 comments)

real estate: $199,900 - Woodbridge Virginia Home For Sale - Wood Floors - Foreclosure - www.fredva.com - 02/25/08 06:58 PM
The Wallace & McGrath Team
Coldwell Banker Elite Real Estate
"Selling Homes & Foreclosures In The Fredericksburg Virginia Area"
www.fredva.com … (0 comments)

real estate: Foreclosure - Reduced To $229,900 - 302 Galway Lane Stafford VA - www.fredva.com - 02/09/08 06:39 PM
Kevin McGrath
Selling Homes In The Fredericksburg Virginia Area
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real estate: REDUCED $10,000 - Home For Sale - 5702 Heritage Hills Cir Fredericksburg VA 22407 -$349,900 - Foreclosure - www.fredv.com - 02/04/08 07:16 AM
Kevin McGrath
Selling Homes In The Fredericksburg Virginia Area
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real estate: Home For Sale - 315 Twin Lake Drive Fredericksburg VA 22401 - $450,000 - Water View - www.fredva.com - 02/02/08 07:23 PM
Kevin McGrath
Selling Homes In The Fredericksburg Virginia Area
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real estate: Fredericksburg VA - Home For Sale - 503 Persimmon Lane - Almost 3 Acres In Town - $400,000 - www.fredva.com - 02/02/08 06:59 PM
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real estate: Price Reduced - $499,900 - Home For Sale In Fredericksburg VA - www.fredva.com - 02/02/08 06:50 PM
Kevin McGrath
Selling Homes In The Fredericksburg Virginia Area
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real estate: Home For Sale - Fredericksburg VA - Artillery Ridge - $404,900 - Foreclosure - www.fredva.com - 02/02/08 06:47 PM
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real estate: From Realtor - To Team Of Realtors - To What Next? A Corporation? - 01/27/08 09:45 AM
Business is good. Both of us started out a number of years ago as single agents. We knew each other, but had never really done business together. Then happenstance put us together, and we have been a team for over a year now. It could not be much better. Division of duties, coverage when busy, all that good stuff.
But what next? What do successful teams do when they start getting really busy? We have an assistant starting Monday. But do we incorporate? An LLC? Schedule C Corp? Of course, we are going to speak with an Attorney and an Accountant, but … (12 comments)

real estate: 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 different properties. Beat out every time, but that is a story for another time.
Todays story is about traffic. There was a lot of it. We saw 13 houses in the Prince William & Stafford County areas. That may seem like a lot, but this client does not waste time, and … (1 comments)

real estate: Reduced - Foreclosure - $249,900 - 654 Hunters Rd Culpeper VA 22701 - www.fredva.com - 01/25/08 05:42 PM
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real estate: Reduced - Foreclosure - $179,900 - 259 Manchester Drive - Ruther Glen VA 2546 - www.fredva.com - 01/25/08 05:38 PM
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real estate: Town Home For Sale - $204,900 - 1920 Coppersmith Terrace - Woodbridge VA - www.fredva.com - 01/19/08 03:50 PM
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real estate: Home For Sale - Fredericksburg/Ruther Glen VA - $179,900 - Foreclosure - www.fredva.com - 01/16/08 05:03 PM
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real estate: Home For Sale In Fredericksburg Virginia - $169,900 - www.fredva.com - 01/14/08 03:15 PM
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