richmond va short sale: Your Credit in a Foreclosure vs. a Short Sale in Virginia
- 10/26/14 02:54 PM
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 topic is for a different blog.
FICO score may sway towards the following:
Foreclosure
A hit of 200 to 300 points may occur within the 3 different credit bureaus. This means if a seller's FICO score before foreclosure was 720, it could dip lower than 300. The seller has to also consider … (1 comments)
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richmond va short sale: Short Sales in Richmond Virginia
- 10/26/14 02:40 PM
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 pay the difference, then you would need to do a short sale in order to sell your property. The bank will agree to let you sell the the property for $210,000 and write-off the difference. You will need experienced Richmond Va Realtors to help you and preferable ones that specializes … (0 comments)
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richmond va short sale: Considering a Short Sale in Richmond Va? Answer These Questions
- 10/26/14 02:29 PM
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, says real estate professional and homeowners are viewing short sales in a more favorable light after suffering through failed loan modifications and countless foreclosures.
Before embarking on the short sale process, however, talk to the Marcus Rice Short Sale Team who is experienced in the area of distressed properties. Marcus Rice a experienced CDPE (certitified … (0 comments)
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richmond va short sale: Five Ways to Better Navigate the Short Sale Process
- 10/26/14 02:19 PM
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 there are several options to explore prior to foreclosure, such as a short sale. A short sale occurs when the outstanding loan(s) against a property are greater than what the property can be sold for.
As you've probably heard, however, short sales can be a drawn out and complicated process. Here are five tips from the Marcus Rice … (1 comments)
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richmond va short sale: SHORT SALE BROKER - SHORT SALE REALTOR - Richmond VA
- 10/26/14 02:08 PM
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 Debt?
• Want to Minimize Damage to Your Credit?
• Suffered Loss of Income?
• Your Mortgage Will Adjust Soon and You Cannot Afford Paying Skyrocketing Rate?
• Want to Sell Your House but There is Not Enough Equity?
• Do you want … (0 comments)
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richmond va short sale: 3 Reasons the Term “Strategic Default” Is Misleading
- 10/26/14 01:56 PM
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 than what it was worth).
Now that more than one in four American homeowners is “underwater,” I feel that it’s important for the community to know the truth about strategic default.
The truth is the foreclosure process carries with it credit issues, current and future employment challenges, issues with security clearance and possible debt collections.
… (0 comments)
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richmond va short sale: Foreclosure and Your Credit Score
- 10/26/14 01:14 PM
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 short sales and deeds-in-lieu are dignified solutions that can have significantly less impact upon credit scores. To learn the affects of foreclosure and short sales on your credit score, read
my free report available here: equity1strealty.com
As a CDPE-designated agent, I have extensive training in the numerous foreclosure-avoidance options, helping homeowners in our community move on with their lives … (0 comments)
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richmond va short sale: Bankruptcy Richmond VA Short Sale Realtor
- 10/26/14 01:02 PM
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 bankruptcy, which may include the short sale of your home. A short sale will get you out from underneath unaffordable mortgage payments and may provide you with breathing room to restructure your finances.
“The Hidden Costs of Bankruptcy” is a FREE report that I’ve prepared for you, available at: www.equit1strealty.com
Filing for bankruptcy can be complicated and devastating to your finances. As a … (1 comments)
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richmond va short sale: Foreclosure Fears Richmond Virginia Short Sale Realtor
- 10/26/14 12:53 PM
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 homeowners every day, it never for a second feels to me like business-as-usual.
The prospect of losing ones home is right up there among the major sources of grief, and often, it goes hand in hand with other tragic setbacks such as the loss of a job, a … (0 comments)
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richmond va short sale: Richmond Virginia Short Sale Team
- 10/26/14 12:15 PM
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 finances.
Regardless of what happens in Washington or on Wall Street, two things are very clear: you are not alone and now is the time to prepare for a new normal.
With a national epidemic of unemployment or underemployment, and 25 percent of the homeowners in … (0 comments)
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richmond va short sale: SunTrust Short Sale Testimonial Richmond Virginia
- 03/24/13 01:41 PM
… (2 comments)
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richmond va short sale: Free Richmond Va Short Sale Services Virginia
- 02/24/13 12:44 PM
Finding your Richmond, VA. dream home has never been easier, use our links to get started.
WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or mriceteam@msn.com
The Marcus Rice Team
Exit Elite Realty
13356 Midlothian Turnpike
Midlothian, … (1 comments)
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richmond va short sale: Free Richmond Va Short Sale Services - RICHMOND Virginia
- 10/28/12 06:28 PM
Finding your Richmond, VA. dream home has never been easier, use our links to get started.
WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or mriceteam@msn.com
The Marcus Rice Team
Exit Elite Realty
13356 … (0 comments)
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richmond va short sale: Free Richmond Va Short Sale Services
- 08/26/12 01:35 PM
Finding your Richmond, VA. dream home has never been easier, use our links to get started.
WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187.
The Marcus Rice Team
Exit Elite Realty
13356 Midlothian Turnpike
… (0 comments)
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richmond va short sale: Free Richmond Va Short Sale Services - RICHMOND VA SHORT SALE SPECIALIST - CDPE VA
- 12/18/11 03:35 PM
Finding your Richmond, VA. dream home has never been easier, use our links to get started.
WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or remaxrice@live.com
The Marcus Rice … (0 comments)
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richmond va short sale: Guide To Help Sellers Through a Short Sale - SHORT SALE HELP FOR SELLERS
- 07/24/11 04:46 PM
… (0 comments)
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richmond va short sale: Free Richmond Va Short Sale Services - RICHMOND VA SHORT SALE SPECIALIST - CDPE
- 03/04/11 08:28 AM
Finding your Richmond, VA. dream home has never been easier, use our links to get started.
WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or remaxrice@live.com
The Marcus Rice … (0 comments)
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richmond va short sale: Guide To Help Sellers Through a Short Sale - SHORT SALE HELP FOR SELLERS
- 02/27/11 08:54 AM
Finding your Richmond, VA. dream home has never been easier, use our links to get started.
WWW.RICHMONDVAHOME.COM
WWW.RICHMONDHOMESEARCH.NET
The Marcus & Tonya Rice Team specializes in Richmond, Va, Henrico County, Chesterfield County, Powhatan County, Hanover County, Petersburg, Colonial Heights, and Fort Lee Homes and Real Estate for sale. We are tech savy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Richmond Virgina real estate news and more...
The Marcus Rice Team can be reached at 804-247-8187 or remaxrice@live.com
The Marcus Rice … (7 comments)
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richmond va short sale: Bank of America Loan Modifications Have The Worst Track Record
- 12/25/10 09:33 AM
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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.
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