washington dc short sales: How Much is Closing Cost - Your DC, MD, & VA Realtor
- 09/07/11 01:41 AM
When dealing with buyers many seem to be caught up in the thrill of looking for a new home. The question many ask is how much is closing cost gonna be. My first response is to initially refer them back to their lender because when it pertains to numbers my primary job is that of a Realtor my goal is to sell or find a home for my clients. Anything else I refer to the professional in that field. I do understand what buyers want so I provide myself with as much knowledge as possible. With that being said I always … (0 comments)
washington dc short sales: Got Upside Down Mortgage...Get Options - Your Washington, DC Area Realtor
- 08/03/11 01:28 AM
In today's economy many homeowners are hurting and are upside down in their house. Some have tried loan modifications and many have failed at that attempt. Some have clearly just walked away thinking that is/was their ONLY options. WRONG, WRONG, WRONG, WRONG, and WRONG again! In the bible it says "my people perish for lack of knowledge". Let's start out by saying foreclosure is NOT an option. Now that we have our mind made up on that. There are other options such as doing a short sale. Many have heard the horrible stories about the process but that is ONLY when … (0 comments)
washington dc short sales: 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 short sales: 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 short sales: 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 short sales: How long after doing a short sale can you buy again - Your Washington DC Area Realtor
- 09/28/10 01:45 AM
Depending on the outcome of the short sale there have been various answers to this question. Majority credit is affected, some bring cash to the table, others do a promissory note, while many look for the bank to defer the difference in which many home owners still find themselves paying taxes on a partial mortgage on a home they no longer own. The truth is effective June 30th 2010 the guidelines have once again change. Click for more! Washington, DC Real Estate Services Damon The Agent specializes in selling homes in Washington, DC, Maryland, and Virginia. Short Sales, Foreclosures, New Homes, … (0 comments)
When dealing with buyers many seem to be caught up in the thrill of looking for a new home. The question many ask is how much is closing cost gonna be. My first response is to initially refer them back to their lender because when it pertains to numbers my primary job is that of a Realtor my goal is to sell or find a home for my clients. Anything else I refer to the professional in that field. I do understand what buyers want so I provide myself with as much knowledge as possible. With that being said I always … (0 comments)
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