woodbridge va foreclosures: Where Did All The Foreclosures Go?
- 06/28/13 02:08 AM
Buying A Foreclosure In Woodbridge VA
What Happened To The Foreclosures In Woodbridge VA?
The Market Is Experincing A Shortage Of Inventory
The real estate market in Woodbridge VA is a sellers market because we don't have enough for sale to meet the demand from ready-to-buy buyers.
Back in 2007-2008, Prince William county was the hardest hit county in the Commonwealty of Virginia when it came to foreclosures. The county had over 7,000 foreclosed home for sale.
Today we have nine (9) foreclosures FOR SALE in Prince William County.
Buying a foreclosure in Woodbridge VA is not easy.
Oh, and … (2 comments)
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woodbridge va foreclosures: Phone Companies Allow Third Parties To Add Fees To Phone Bills
- 07/26/11 04:24 AM
Phone Companies Allow Third Parties To Add Fees To Phone Bills
Any Third Party Can Pile Onto Your Phone Bills With Extra Feed For Things You Didn't Order
Phone Companies Allow Third Parties To Add Fees To Your Phone Bill Because The Phone Company Gets A Cut
Topic Summary: There were recent hearings in Congress dealing with the "cramming" situation that is over charging an estimated 10-20 million consumers. Cell phone customers all over are complaining about over limit fees. It all comes down to watching what you are being billed for and learning how to fight back.
Part One: Land Line … (0 comments)
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woodbridge va foreclosures: Virginia Homes Sold 1st Quarter 2011 Exceeded Last Year's Pace
- 05/09/11 07:22 AM
Virginia Homes Sold 1st Quarter 2011 Exceed Last Year's Pace
Virginia Real Estate News About Homes Sold 2008 - 2011
Fewer Homes For Sale Push Home Buyers Into The Market To Snap-Up Good Buys Before The Market Accelerates
Howdy folks...
Just got an update from the Virginia Association of Realtors showing quarterly sales since 2008. You'll notice that the 2nd and 3rd quarters of 2010 sucked a lot of inventory out of the market.
Here in Northern Virginia, we have roughly a six week supply of homes for sale, and monthly sales increase in Northern Virginia has exceeded the number of newly … (2 comments)
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woodbridge va foreclosures: Fraudulent Foreclosures Mean You May Not Get Lender-Required Title Insurance If You Buy A Foreclosure
- 10/03/10 08:30 AM
Fraudulent Foreclosures Mean You May Not Get Lender-Required Title Insurance If You Buy A Foreclosure
Securitized Loans May Make Some Foreclosures Unable To Sell
Scandal And Fraud Within Cash-Flow ARM Loans And Other Securitized Mortgages Running Rampant
You can text or call Erick's cell for more: 703-677-1120, or send an email now by email Click Here
Contact Peggy James or Erick Blackwelder of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place, Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle … (3 comments)
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woodbridge va foreclosures: Woodbridge VA Real Estate News Sell Your Home Fast By Applying Love And Care
- 04/15/10 06:05 AM
You Keep Your Woodbridge Home Neat And Tidy
You Want To Sell Your Home In Woodbridge So You Can Move Up Or Move On
You Are About To Find Out Something That May Surprise You, Even Shock You
You want to sell your home in the Woodbridge or Prince William County Area.
You keep your home clean, the carpets spotless, the kitchen sparkles, your storage room is organized, no clutter, the yard is lush and green.
Your home will stand head and shoulders above the bulk of your competition.
Why?
You may be surprised, even stunned to know that more than ever, I … (0 comments)
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woodbridge va foreclosures: Woodbridge VA Real Estate News Stupid, Stupid, Stupid
- 08/27/09 06:00 AM
Woodbridge VA Real Estate News You Can Use
Stupid Woodbridge Home Seller Makes Stupid Choice
Just When I Think I've Heard Every Story, A New Stupid Story Comes Along
I recently met a young man found out I help folks sell and buy property.
"Real estate is bad right now. Buying a house was a bad investment. So I just walked away from my house and gave it back to the bank," he said.
(The bank never owned the house. So one may not "give it back to the bank". The bank just provided a loan the lad used to buy … (0 comments)
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woodbridge va foreclosures: Woodbridge Homes For Sale It's Time For You And Me To Have "The Talk"
- 07/10/09 08:17 AM
Woodbridge Home Buyers, It's Time For Me To Sit You Down, Look You In The Eye, And Have "The Talk"
Welcome To The CCW (Cold Cruel World) Of Woodbridge Homes For Sale
Woodbridge Real Estate News You Can Use
Okay folks, listen up!
All of you who are thinking about buying a home in Woodbridge VA priced above $450,000, stand over HERE.
All of you who are thinking about buying a Woodbridge Home priced below $450,000, stand over THERE.
Okay now that you are in your respecitve herds, here is a quick word for you folks shopping for something over $450,000... You have … (2 comments)
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woodbridge va foreclosures: Woodbridge Virginia Real Estate Among Fastest Recovering Markets In The Nation
- 03/09/09 04:49 AM
Business Week Magazine Report Shows Woodbridge Home Sales Booming
Woodbridge Real Estate Among The Fastest Growing In the USA
I got a phone call last week from Business Week magazine reporter and columnist, Prashant Gopal.
Mr. Gopal was researching the real estate markets that are knee-deep in recovery mode, with stable prices, and fast-paced sales.
Woodbridge and Prince William County are among the markets he researched that have turned the corner from stagnant to prospering.
I gave Mr. Gopal the numbers. The numbers speak for themselves. I hoped he would report the numbers. However, you will see that he quoted me … (0 comments)
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woodbridge va foreclosures: War Stories From The Trenches About Folks Buying Woodbridge Virginia Foreclosures
- 01/20/09 10:30 AM
Foreclosed Homes For Sale In Woodbridge Virginia Are Fetching Top Dollar
Prime Woodbridge Virginia Real Estate Foreclosures In Good Condition Selling Over List Price
Yes Gentle Readers, I can read your thoughts, I can read your minds. You read, "...Selling Over List Price", and you say to yourselves, "Yeah right! Pigs are flying too."
Bidding wars for foreclosures?
"Impossible", you exclaim.
Well Gentle Reader, you can laugh it off as a joke, but the market rules, and the market is running out of homes for sale.
"But Mr Erick, Mr Erick!!! The newsman on the TV says every other house on every street is in … (0 comments)
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woodbridge va foreclosures: Woodbridge Real Estate And Prince William County Homes Sold Double In 2008
- 01/02/09 07:10 AM
Woodbridge Virginia Homes Sold In 2008 Double Homes Sold In 2007
Prince William County Virginia Homes Sold in 2008 Double Homes Sold In 2007
Shocking!!!
Woodbridge Homes Sold In 2007 And 2008Homes Sold In 2007: 1,899Homes Sold In 2008: 4,190
Prince William County Homes Sold In 2007 And 2008Homes Sold In 2007: 4,577Homes Sold In 2008: 8,522
Woodbridge home sales jumped 2,291 units in 2008 compared to 2007.
Prince William County home sales jumped by 3,945 units in 2008 compared to 2007.
I'm no math genius, but my calculator says Woodbridge homes sold in 2008 were up 120% over 2007.
Mr. … (0 comments)
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woodbridge va foreclosures: Woodbridge Homes For Sale What is a Short Sale?
- 12/10/08 03:20 PM
Woodbridge Virginia Real Estate By Short Sale
What Is A Short Sale?You've seen in the media about the housing "meltdown." Northern Virginia has not been hit as much as the rest of the country. However, that does not mean that there are not some good buys for astute buyers.Yes, you will find more foreclosures for sale than we've seen in a while.You will also notice that a "new" type of sale is happening in Woodbridge Virginia homes for sale during this market correction... the short sale.I put the word "new" in quotes because short sales have been around as long as the standard 30-year mortgage … (0 comments)
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woodbridge va foreclosures: Woodbridge Virginia Homes For Sale With Affordable Home Loans
- 10/08/08 04:28 AM
Home Loans For Homes In Woodbridge Virginia Untouched By "Credit Crunch"
The nice lady at the Safeway who rang up my groceries today asked about how the credit crunch on Wall Street is impacting home loans.
Home loans are plentiful, with low rates, and good terms. There is plenty of money available when you buy a home in Woodbridge.
Credit Market Is Like A Big City
Think of the credit market as a large metropolitan area like the Washington/Baltimore region.
Now, think of the credit crunch as a huge, long band of thunderstorms that has just swept across the region, from … (0 comments)
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woodbridge va foreclosures: Woodbridge Virginia Foreclosure Essentials When Seeing Foreclosed Homes
- 08/29/08 06:07 AM
Four Essential Tips For Your Woodbridge Virginia Foreclosure House Hunt
When you go inside foreclosed homes in Woodbridge, Virginia, follow these three tips and you'll stay safe.
1. Beware. Most foreclosed homes around the Woodbridge area don't have working utilities. The banks typically "winterize" the plumbing, so the water is shut off and the potties don't work.
So if you gotta "go", make a pit stop between houses at a fast food shop, or gas station. McDonald's and Sheetz are everywhere. If you are a neat-freak like me, and you prefer tidy restrooms, I've found Panera Bread stores and Target stores typically … (0 comments)
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woodbridge va foreclosures: Woodbridge Virginia Foreclosures Can Be Painful To Purchase
- 08/27/08 04:32 AM
Woodbridge Virginia Foreclosed Homes And Short-Sales Can Make You Miserable, Angry, Frustrated
I can think of no way to explain the pain and suffering that is involved with a home purchase that involves a home owned by a bank or mortgage company.
Words don't exist that could demonstrate to you how unorganized, inefficient and ridiculous the procedure is for helping you buy bank-owned property, or homes offer as short-sales.
You may become charmed by the fabulous price of a home you find on the Internet that is on the market as a short-sale. Only 5% of short-sales actually sell, and close, and the new owners move in.
Nationally, 95% of homes offered … (0 comments)
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woodbridge va foreclosures: Woodbridge Home Buyers Have Less Than 60 Days To Get Cheap Mortgage Money
- 08/04/08 10:59 AM
The mortgage market is bracing for rising rates, and higher down payments on the most popular loan program.
The leading indicators say that the rates and payments for home loans will rise over the next 60 days.
One of my favorite loan experts, Vinnie Apostolico, President of Family Lender in Fairfax VA is urging clients with loans in process to "lock" their rates now, while rates are low.
Most folks are following Vinnie's advice, and locking. Especially folks who have read Vinnie's recently published book, Borrow Smart, Retire Rich.
Of course, there is a hand-ful of know-it-alls who have no experience … (0 comments)
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woodbridge va foreclosures: Woodbridge Homes More Affordable Before September 30, Higher FHA Down Payment Starting Ocbtober 1
- 08/04/08 04:49 AM
The 700 page housing bill authored by Congress, and signed into law by President Bush last week contains a key clause that shall make Woodbridge homes LESS affordable for FHA buyers after September 30, 2008.
First, FHA loans are the hot, hot, hot loan program this summer because Congress took decisive action in the spring to radically improve the good ol' FHA loan.
The FHA loan has become the loan of choice for a huge chunk of of this year's buyers.
A key provision that has attracted teeming hordes of buyers to FHA loans is the low 3% down payment, plus … (0 comments)
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woodbridge va foreclosures: Woodbridge VA Real Estate Foreclosure Update: Foreclosed Homes In Woodbridge VA Statistics
- 08/01/08 05:10 AM
My assistant, Patty, found an insightful article in the Manassas Journal-Messenger featuring solid numbers from local experts who track the foreclosure market.
Here are some key segments of the article that jive with my experience:Go to a Yahoo search engine for nationwide foreclosure inventories and Woodbridge is listed with 2,382. Gainesville, according to this same site, has 253 homes in foreclosure; Bristow, 236; Manassas and Manassas Park, 1,624 and 297, respectively; Triangle, 83; Dumfries, 315; and Occoquan, just one.
The accuracy of those figures is debatable; not only are they fluid, but some numbers don't bear out when compared to local … (0 comments)
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woodbridge va foreclosures: Woodbridge VA Homes Sold In July 2008 Up 253% Over July 2007
- 07/29/08 07:05 AM
According to our beloved Metropolitan Realtors Information Services (MRIS) database used by Realtors for listing and selling houses, July 2008 home sales in Woodbridge are up 253% compared to July 2007.
There were 265 homes SOLD in July 2007.
There are 672 homes SOLD so far in July 2008.
Are we seeing a trend, or just a blip?
Well, so far in 2008, the number of homes SOLD each month have been substantially higher when compared to the same months in 2007.
You may call it any way you like. I call it a trend.
Meanwhile, only 279 homes were newly … (0 comments)
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woodbridge va foreclosures: How The Mortgage Bail-Out Works, and Doesn't Work For Woodbridge Home Owners
- 07/28/08 07:35 AM
The Senate on Saturday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure.
President Bush is likely to sign the bill into law within days. After the law kicks in on Oct. 1, thousands of at-risk borrowers will be able to refinance their unaffordable old mortgages into new low-cost fixed-rate loans insured by the Federal Housing Administration (FHA).
The Congressional Budget Office estimates that 400,000 borrowers with $68 billion in loans may benefit from the program - but the bill allows for as many as 1 million or 2 million borrowers to participate in the program.
… (1 comments)
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woodbridge va foreclosures: Woodbridge VA Foreclosured, Pre-Foreclosure, and Bank Owned Homes $500K - $900K
- 06/15/08 05:36 PM
Well folks, the middle of the Woodbridge price range is not exactly brimming-over with foreclosures and bank owned houses.
But the homes in foreclosure, pre-foreclosure, or are bank owned in Woodbridge VA are some lovely homes, on quiet streets.
Print the list. Sift and sort and compare the homes. You can use the addresses and directions to dirve by the homes on your own.
When you see a home that you want to see inside, call 703-590-2252 to arrange a private showing WITHOUT THE SELLERS AGENT PRESENT TO PRESSURE YOU WITH ANNOYING QUESTIONS.
CLICK HERE for this weekend's update.
… (0 comments)
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Buying A Foreclosure In Woodbridge VA
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