short sale properties: Are We There Yet (The Bottom of the Market)? - 03/26/08 10:31 AM
Just a brief recap of the (very) local market.  Of the 14 homes listed for sale in my development, all but 2 have the infamous "3rd party/ (lender) senior management approval required" blurb on the MLS listing. The bad news, 4 home sold at foreclosure auction at the convention center last weekend. The two closest to my house went for $230,000 or roughly 60% of their purchase price 2 - 2 1/2 years ago at the TOP of the market. One owner relocated, purchased another home in Texas and tried to rent/sell for 6 months before the house finally went to foreclosure. On the … (1 comments)

 

Brian Piper

BestVirginiaHomeLoans.com

Vienna, VA

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Jacob Dean Mortgage

Address: 1604 Spring Hill Rd, Second Floor, Vienna, VA, 22182

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