Remember when it was raining almost every day for 3 weeks back in May? Where has all the rain gone? My $91 water bill wants to know when you will be back so I can stop watering my yard! Just like the temperatures, the housing market in Fairfax, Loudoun, and Prince William County's is heating up
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06/30/2009
When consulting a homeowner facing a short sale, the first question I am usually asked is "What will this do to my credit?" Now comes the generic answer...it depends! With the large amount of foreclosures and late notices, banks have had to take into consideration the overwhleming amount of del
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06/29/2009
The clock is ticking - December is the deadline for your tax credit Mr. and Mrs. First Time Home Buyer! But where are all the deals? Why can't I buy a home for pennies on the dollar anymore? They are still there...they are just disguised! Last year, it was easy to go and buy a home. There was
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06/25/2009
A major topic in the real estate industry right now is the introduction of the Home Valuation Code Of Conduct (HVCC) on May 1, 2009. Why is this a major topic amongst agents who are actively closing transactions - because their transactions are not appraising for the sales price! Since this code
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06/23/2009
I am starting to see it advertised all over - "Successful Short Sale Agent" - mainly in the remarks of listings that only agents see as ways to entice that agents buyers and make them feel at ease. It is funny how "Successful" can be thrown around when talking about a short sale for the fact bei
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06/22/2009
Step 4 - Get Ready To Deal! In our market right now, homes are lasting less than a week on the market. It is amazing how fast things are selling - even the distressed property's. This is helping those who are doing a short sale because the competition is keeping the price around market value.
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06/04/2009
Step #3 - Document, Fix, And Prepare The number one mistake that is made when listing a short sale is the dreaded As-Is statement. The number one reason why short sales fall apart is because the buyer walks either when the bank takes too long, or they get nervous and feel as if they are making
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06/03/2009
Step #2 - Contact An Expert And Get Answers! Do not think that this is something you can do alone, and do not be embarrassed about your situation. Almost half the homes with a mortgage have some form of delinquency on them. There are many agents and organizations out there who are devoting the
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06/02/2009
