Homes For Sale in Maryland
Real Estate in MD, DC, and VA
Thank you for taking the time to visit our blog. We specialize in assisting buyers and sellers all over the state of Maryland, DC and Northern Virginia
ARCHIVED BLOG POSTS
2010
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A lot of great information about FHA short sales Essentially, HUD (our federal government) has determined that their way of helping the homeowner is to dramatically reduce the opportunity for FHA borrowers to successfully complete a short sale. The 82% net to lender rule that has always bee...
05/24/2010
How to avoid a future Deficiency Judgment when you are doing a short sale? Pick the right Realtor and consult with your attorney. The steps below are similar for a Maryland homeowner doing a short sale I came down with the flu on Friday. At least, I think it is the flu. It's a wild combinatio...
05/24/2010
Excellent advice from Susan Neal. . Lenders and the Government do want to help homeowners avoid a foreclosure at all costs. . . you must seek help with the right representation Important! If your home is "upside down," you owe more on your home than its current market value, and you are hav...
05/21/2010
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In honor to the memory of Carole Provenzale from her blog. . Surprise!! A hidden beautiful butterfly resting on the tree :) Honoring Carole Provenzale... a Mother a Friend a Mentor and so Much more...she was our Everything Carole Provenzale Dear Friends of Carole Provenzale, My name is Laura C...
05/19/2010
Great post from Embarcadero Investments. What is a SERVICER? Having to deal with them in a daily basis doing short sales. . I know them too well I don't think this really matters ...to know when your lender actually sold your loan or how many times they will probably do it before you pa...
05/19/2010
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One of the short sales myths dispelled.. . "Short selling a home is embarrassing…" in that case. . .what is a FORECLOSURE? Many people in today's real estate market are underwater on their mortgages. Many have heard about short sales, but many also have false information regarding the short...
05/19/2010
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A good example that perseverance pays when doing short sales Sometimes the short sale business is less about money than it is about helping the seller out of a really tough spot. This is a special story, and for those of us who worked so hard on it, the outcome was well worth the (many) extr...
05/18/2010
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Valuable advice for Short Sales Sellers A Smooth Transaction is everyone's goal. You may not know this, but your REALTOR® is working very diligently behind the scenes to get your bank to approve your short sale. They are faxing and re-faxing the same documents to the same departments becaus...
05/18/2010
Fannie Guidelines for Foreclosures and Bankruptcies. As you are going to see, Fannie Mae isn't that forgiving when it comes to the waiting period before you can apply for another loan again. A Foreclosure could be the kiss of death for at least 5 years ....maybe 7 (based on the chart below) ...
05/18/2010
Thinking about buying a Washington DC Foreclosure ? WAIT NO MORE! "THE MOTHER OF ALL SALES" Here are two reasons to buy now in Washington DC 1-Buyers have bargaining power. Do you realize that besides lowering their prices, sellers have found they have to make other concessions to close a deal....
05/18/2010
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Fernando Herboso - Associate Broker MD, & VA
301-246-0001 Serving Maryland, DC and Northern VA
