Category: Washington, D.C.

Letting your property go into Foreclosure will come back to haunt you.

I talk to people everyday that are contemplating their options.  Should they go through the hassle of doing a short sale or just let the property go into Foreclosure?  The benefit of doing a short sale is that you know where you stand with the bank regarding any deficiency debt that they may try to…




Fannie and Freddie – Valuation Disputes and what to do.

Over the last 5 months we have been seeing many cases where the banks are asking for more than fair market value for the property.  In an effort to fight back we have designed a process to combat these wrong evaluations. We not only prepare a CMA but we also prepare an appraisal for the…




You May Not Need To Do A Short Sale

Just this week I was able to show 3 sellers how they could get out of their property without doing a short sale.  With the lack of inventory, property positioning and marketing  and the right agent – you may be able to get out of your home without doing a short sale.  This does not…




Fully Approved SHORT SALE by CHASE

Deficiency amount WAIVED IN FULL! Owner had moved out of the country due to a job relocation.



Some Great Information I received for Veteran Borrowers

Veterans Benefits Administration Circular 26-11-1 Department of Veterans Affairs January 6, 2011 Washington, DC 20420 RELOCATION ASSISTANCE FOR VA BORROWERS 1. Purpose. This circular provides authority and instructions for mortgage servicers to pay relocation assistance to borrowers participating in two different loss mitigation options: (1) a deed-in-lieu of foreclosure (DIL); or (2) a short sale…




VA, DC, MD HAFA Information -Home Affordable Forclosure Alternatives. Virginia Short Sale Expert

We service short sales in VA, DC & MD. This Information is comes from Making Home Affordable.gov and I thought it would be helpful. Home Affordable Foreclosure Alternatives (HAFA) Program If your mortgage payment is unaffordable and you are interested in transitioning to more affordable housing, you may be eligible for a short sale or…