Buying a Short Sale? Avoid These Errors

Since the deep recession periods of 2007, short sales have been a way for buyers to escape foreclosures and relieve themselves of weighty mortgage balances. Even though, buying a short sale is an opportunity, it might also be a burden when you have to spend too much on repairs. Short sale, foreclosure or HUD home…




Why Many Boomerang Buyers Are Coming Back Into the Housing Market

Cities that were hardest hit by foreclosure are going to see an upsurge in demand by boomerang buyers, cities like Phoenix, DC, Detroit, Miami and Las Vegas. This is based on assessment of foreclosure rates, affordability and demographic data by RealtyTrac. A boomerang buyer is one of the seven million homeowners who lost their home…



Top 5 Reasons You May Need To List Your Home

Real estate stats have always shown home sales rising during summer and spring but dwindling during winter and autumn months. If you’re still on the fence about listing your home before the winter months, you may need to act fast because of the following reasons: Equity advantage Due to recent market upswings in the Virginia…



How To Sell a House in Foreclosure

For many people who find themselves in the ‘foreclosure’ situation, asking the right questions is crucial and one very important question to ask is, Can I sell my house in foreclosure? And if so, sellers in distress need to understand how to sell a house in foreclosure. As long as the bank hasn’t put up…



5 Expert Tips for Selling Your Home

A short sale is a negotiation between you and your lender to sell your home for less than what is owed. Since you may not be an expert at negotiating with a lender. Here are a few expert tips for short selling your home: Know your mortgage balance(s) The first thing you need to do…



Selling My House in Virginia: 3 Things Homebuyers Will Not Overlook

Marketers of any kind of product know how important it is to understand the needs of their clients. The needs could be generic or specific depending on the type of product. Looking at a home as a product, you’ll understand that buyers of different age groups seek different things in a home. For example, millenials…



Is Your Adjustable Rate Mortgage Giving You a Rough Ride?

Mortgage uncertainties are currently the order of the day for homeowners as speculations have arisen that mortgage rates are likely going up while others believe they’re coming even lower. For many defaulting homeowners, 2009 offered the saving grace with base rates which many homeowners found favorable. But this is changing with recent base rate increases….