winchester va short sales: Loudoun to Winchester Short Sales: Why is May be Cheaper to Short Sale and Rent versus Staying - 03/03/11 01:49 AM
Loudoun to Winchester VA - Many people are shocked that it is often cheaper to short sale and rent that staying in your home with a loan modification.
They find it hard to believe that they can rent a comparable or even nicer home for less than their mortgage. Here are the two factors that make it possible.
Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.
Many homeowners bought homes for more than they are selling for today. A perfect example is a homeowner that paid $150,000 for a home. His mortgage payment was … (0 comments)

winchester va short sales: Loudoun to Winchester Short Sales: What is a HUD-1 and Why Does It Matter on A Short Sale - 03/02/11 02:40 AM
Loudoun to Winchester VA - Here is something that drives inexperienced short sale agents crazy. It is a HUD-1, also called a HUD. HUD is the Federal Agency, the Department of Housing & Urban Development, also called HUD.
A HUD-1 is a document regulated by HUD. It is the financial accounting for a real estate sale. Here is why it is important to a short sale.
Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.
Before a short sale lender will accept a short sale, they want to know what they will net from … (0 comments)

winchester va short sales: Loudoun to Winchester Short Sales: If You Bought At The Market’s Peak, Does It Make Sense To Short Sale Your Home? - 02/22/11 01:19 AM

Loudoun to Winchester VA – Many homeowners bought their home at the peak of the market. In the hardest hit areas, they paid $500,000 for homes that are not selling for $250,000 (or even less.) Their home is costing them $4,000 a month. (That is the total after paying property taxes and insurance.)
Renters have moved into the neighborhood and are paying less than $2,000 to rent a comparable home. It just seems like these homeowners are getting an unfair deal all around. Should these homeowners dump their homes in favor of a lower priced home?
Discover how other sellers … (0 comments)

winchester va short sales: Loudoun to Winchester Short Sales: One Upside To The Horrible Housing Market - 02/21/11 03:11 AM
Loudoun to Winchester VA - If you are a homeowner, then the housing crisis has decimated the equity in your home. Many families have watched years of hard work spent building their equity go down the drain.
Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.
But, there is one group benefitting from the crisis: Home Buyers. They are able to buy a home at a substantially reduced price. In some areas homes are selling for 30-50% lower than they were at the peak. Buyers are now able to buy a nice home at previously … (0 comments)

winchester va short sales: What You Should Look For In A Buyer Of Your Loudoun to Winchester Short Sale Property - 02/17/11 11:58 PM

Loudoun to Winchester VA – Short Sales can be tough. Many buyers don't understand the process and think that since it is a buyer's market, then they set the rules. That's not the case.
You, the seller set the rules. After all, you still own the property. But, more importantly, you must set the rules for offers. If you don't then you dramatically reduce your odds of successfully short selling your property. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.
Here is what you should think about before you take your home off … (0 comments)

winchester va short sales: Loudoun to Winchester Short Sales:Is this a reasonable offer from a buyer of a short sale property? - 02/17/11 06:24 AM

Loudoun to Winchester VA – Some buyers think that since it is a buyer's market, then they can make any crazy demand of a seller. And they can't understand when the seller isn't excited by their lowball offer. Here is an example of a recent story where this happened. A buyer makes an offer on a short sale. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.
1. The buyer puts no money in deposit for the home. In other words, they have about zero risk. (Meanwhile, the seller is still risking foreclosure.)
2. … (0 comments)

winchester va short sales: Would Dave Ramsey Love A Loudoun to Winchester Short Sale? - 02/15/11 03:34 AM
Loudoun to Winchester VA – You might have heard of Dave Ramsey. He has a popular radio program where he talks explains the benefits of getting out of debt. Dave is a zealot for the debt free life. "You don't need to see the inside of a restaurant unless you are working there", he will tell people in financial trouble that call his show. What does Dave recommend people do to get out of debt? Reduce spending, eat at home, pay off high interest debt first, etc. Here is why I think Dave would love a short sale. A short sale … (0 comments)

winchester va short sales: Tax Consequences of Short Sales vs. Foreclosures - 02/09/11 12:34 AM
Tax Consequences for a Short Sale Vs. Foreclosure
I have listed many, many short sales and one questions that comes up at almost every listing appointment is, "What are my tax consequences?". I must say that I got very excited whenever I saw a great, easy to ready article explaining information that I can't give advice about. Take a couple of minutes and read the article listed below. It's extremely important that as a responsible seller, you understand your consequences before you enlist the services of a Real Estate Agent.
Tax Consequences of a "Short Sale" of Real Estate vs. Foreclosure … (0 comments)

 

Cindy Greenya

Cindy Greenya

Winchester, VA

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Century 21 Redwood Realty

Address: 44075 Pipeline Plaza, Suite 225, Ashburn, VA, 20147

Office: (703) 858-5676

Mobile: (703) 795-5904

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