washington dc foreclosures: Distressed Properties - Your Washington, DC Area Realtor
- 05/31/11 12:44 AM
REO, Foreclosures, & Short Sales are dominating the housing market across the Washington, DC Area along with across the country. Finding a diamond in the rough can be difficult but it is possible and doable. Many investors, along with first time home buyers are out diligently searching daily and nightly for that ONE property that meets their needs. Distressed Properties are properties that are usually below the current market value and have been run down, abandoned, or not been taken care of for whatever reason. Like it has always been noted it really is about LOCATION, LOCATION, LOCATION. Being as though … (0 comments)
washington dc foreclosures: Buying Season - Your Washington DC Area Realtor
- 05/16/11 01:37 AM
With housing prices at an all time low and spring in the air this equals buying season. From investors to first time home buyers, everyone is looking for a deal or a steal especially with little to no repairs needed. Buying season usually runs from April to September. People move during this period for various reasons, some strategize on the kids leaving school or moving before the next school year. While others look for more space or to downsize. Some just season a bargain & realize they can get more house for less. With buying season comes the competitiveness of buyers … (0 comments)
washington dc foreclosures: How Long Short Sale Takes You're Buyer - Your Washington, DC Area Realtor
- 05/04/11 01:38 AM
Welcome to the world of Real Estate 2011. You see a property you like, you want to write an offer on it and you find out it's a short sale. But you really want to purchase that property, question is how long is this process going to be when you're on the buyers side. Where you have no control of the transaction like you would have on a traditional sale when it's a buyers market. Key factors to know how long this short sale process could possibly take when you're on the buyers side. 1) Which bank is it you are … (4 comments)
washington dc foreclosures: Short Sale vs. Deed in Lieu Foreclosure - Your Washington, DC Area Realtor
- 04/19/11 09:25 PM
Short Sale or Deed of Lieu Foreclosure is the question. Seems many homeowners who are upside down and want to get out without foreclosing are asking themselves this question. Short Sales which are extremely popular and in many cases time consuming due to the 3rd party (the homeowners lender). These days the process is much quicker and not as bad as they were a few years ago. Deed of Lieu Foreclosure has been thrown into the picture mainly an option given to homeowners by their lender. Now it has many homeowners contemplating on which would be best for them. Short Sales … (0 comments)
washington dc foreclosures: How Long Does It Take To Complete A 203K? - Your Washington, DC Area Realtor
- 04/13/11 12:35 AM
How long does it take to complete a 203K? This can be a simple question with complex answers. Depending on which 203K is used it can vary. It can also vary by the size of the property and what's actually being done to that property. Again a streamline 203K loan are repairs that are under $35,000 and a full blown are over $35000. With that said the typical time frame involved in a streamline is 30 days or less and with a full blown it's usually 30-60 days. Now there are contributing factors such as, what are the repairs that are … (3 comments)
washington dc foreclosures: Repair Cost in Using A 203K Loan - Your Washington, DC Area Realtor
- 04/06/11 07:39 AM
Foreclosure, short sale, foreclosure, short sale does it seem like every other house is either a foreclosure or short sale that require some kind of repair or repairs. Well the 203K loan is available to help in many cases. Which 203K loan applies, the streamline or the full blown. The streamline again is that which requires up to $35,000 in repairs, while the full blown is anything over $35,000. The lender usually assist in this factor after the FHA inspectors conducts their inspection of the property and with choosing licensed and boned contractors. Many ask how is the 203K cost effective … (0 comments)
washington dc foreclosures: Foreclosures Galore - Your Washington DC Area Realtor
- 10/15/10 01:25 AM
Unfortunately short sales and foreclosures are the majority of houses on the market today. Many people have a misconception about foreclosures. Some think you can purchase a foreclosed home for nearly nothing and in few cases that's true but very few. Depending on if it's a shell, which area it's in, and if the other property value in the area are extremely low. Click here for more. Damon J. Brockenberry (Damon The Agent) Washington DC Area Real Estate Services Servicing Washington, DC, Maryland, & Virginia cell: 240-694-6460 e-mail: sold@damontheagent.com … (1 comments)
Washington, DC Real Estate Services Damon The Agent specializes in selling homes in Washington, DC, Maryland, and Virginia. Short Sales, Foreclosures, New Homes, Regular Sales. 240-694-6460 … (1 comments)
REO, Foreclosures, & Short Sales are dominating the housing market across the Washington, DC Area along with across the country. Finding a diamond in the rough can be difficult but it is possible and doable. Many investors, along with first time home buyers are out diligently searching daily and nightly for that ONE property that meets their needs. Distressed Properties are properties that are usually below the current market value and have been run down, abandoned, or not been taken care of for whatever reason.
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