Equity First Realty - Virginia Real Estate Blog

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Real Estate Broker/Owner - Equity First Realty - VA BKR# 0225058489
Equity First Realty, Richmond, Virginia Real Estate Blog. Virginia Homes, Sales. Real Estate Services Virginia

ARCHIVED BLOG POSTS

2014 

Your Credit in a Foreclosure vs. a Short Sale Know that sellers will take a bigger hit on their credit report by going through foreclosure than going through a Short Sale.Of course paying you mortgage with a few late payments and modifying your loan is the best course of action, however that topi...
10/26/2014
Short Sales in Richmond Va What is a Short Sale? Short Sales in Richmond Va are simply when you sell your home for less than what you owe and the bank agrees to forgive the difference. For example, if you owe $350,000 on your home, but it is only worth $210,000 and you do not have $140,000 to pa...
10/26/2014
Considering a Short Sale in Richmond Va? Answer These Questions First While you may have heard that selling your home as a short sale can be a long, frustrating, and sometimes futile process, the tide may be turning as lenders have become increasingly more amenable to short sales. Many lenders, s...
10/26/2014
Five Ways to Better Navigate the Short Sale Process Unfortunately, with the economy's slow recovery and still-high unemployment rates, many homeowners continue to confront difficulties in making their mortgage payments. If you're one of these homeowners, know that you're not alone and know that t...
10/26/2014
Is a Short Sale Right for You? - SHORT SALE BROKER - SHORT SALE REALTOR - Richmond, Virginia - Henrico County VA - Chesterfield County VA • Are Your Mortgage Payments Too High? • Do You Want Lenders to Stop Calling? • Do You owe More Than Your House is Worth? • Do You Want to Dispose of Your Deb...
10/26/2014
3 Reasons the Term “Strategic Default” Is Misleading In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home th...
10/26/2014
Foreclosure threatening your credit score? - Richmond VA Short Sale Team If your mortgage has become unaffordable, there may be more options available than you realize. It is important to understand all the implications of foreclosure and the benefits of avoiding it.Foreclosure alternatives like ...
10/26/2014
Considering Bankruptcy? There may be alternatives you’ve never considered - Richmond VA Short Sale Team Millions of homeowners today are having difficulty making mortgage payments, and bankruptcy may seem unavoidable. However, it is crucial to understand the consequences and alternatives to bankr...
10/26/2014
Foreclosure Fears Foster True Grief - Richmond VA Short Sale Team Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal. But as a real estate professional who is in the trenches with financially stressed homeo...
10/26/2014
Take action now to turn it around in 2015 - Richmond VA Short Sale Team Recent economic upheaval has taken a hefty toll. Looking forward to 2015, it’s impossible to know what’s next and the kind of an impact that an upturn or a downturn at the national level stands to have on your family’s financ...
10/26/2014
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