There will never be a lack of bad information available regarding short sales. However, I would like to clear up a myth that I still hear quite often which states that, banks would prefer to foreclose over doing a short sale . The truth is that banks and the government do not want to see properties [...]
There will always be the latest book sharing how any one can become filthy rich buying distressed properties and flipping them. While short sales and foreclosures can be a great value and a place to get a great deal, don’t be fooled in to believing that banks are blind gazillionaires looking to give homes away [...]
There are some who believe that that they should contact their bank assigned negotiator every day to make sure that their file does not go un-noticed. These people view negotiators as high school kids with alzheimer’s. While there are negotiators that may need this much attention, the truth is that a check in with your [...]
Where is the Northern VA real estate market at compared to last year? Are we recovering? This video will help…
While you have most likely heard of banks approving short sales without the mortgage holder being behind on their payment, the knowledge of how this is done is still a mystery. Bank Of America’s Short Sale Executive, Kim Dawson gave us basic window today in to when this would NOT be approved during her online [...]
