Fairfax VA – Have you ever wondered how exactly a Fairfax VA short sale works for the seller? Here’s how the process goes. Once the seller puts the home on the market with a real estate agent, that person can expect it to take about 1 to 3 months for the house to sell. During that time, Fairfax VA […]
Fairfax VA – If you’re thinking about short selling your Fairfax VA home, it is important that you pick the right agent to assist you in the process. These transactions are much more difficult and complicated than your average real estate transaction as so you’ll want an experienced Fairfax VA realtor who knows what he’s […]
Fairfax VA – Fairfax VA home owners should exercise great care when writing a hardship letter. After all, it’s one of the most important components in a Fairfax VA short sale! The purpose of a hardship letter is to explain why your lender should approve your short sale and let you walk away from the […]
Fairfax VA – If you owe more on your Fairfax VA home than it’s worth, one option you might consider is a Fairfax VA short sale. In a Fairfax VA short sale, the lender agrees to take a loss. This isn’t exactly an ideal situation for the lender and they may ask you to give […]
Fairfax VA – If your Fairfax VA home is facing foreclosure, there are several options you can choose. For instance, if you want to keep your home, then you should try to get a loan modification. If you’re okay with letting go of your Fairfax VA home then, here are a few options you can […]
Fairfax VA – If you’re facing a Fairfax VA foreclosure, beware of a Deed in Lieu of foreclosure. While some people believe that this tool helps you to avoid foreclosure, it actually speeds up the process. Here are the most common myths about a Deed In Lieu. Common Myth #1: If I do a Deed […]
Fairfax VA – Recently I found out about a rather disturbing loophole when it comes to Fairfax VA short sales. Let’s say that someone is short selling their Fairfax VA house. The mortgage is with ABC Bank. The homeowner also happens to have a checking or savings account at ABC Bank. One day, these Fairfax home owners stop […]
If you have an FHA loan, you can short sale your Fairfax VA home. Not only will FHA forgive you of your debt, but it also won’t ask for a promissory note. Here is how an FHA short sale works: As with any Fairfax short sale, the first thing you need to do is send in […]
Fairfax VA – Here is a little known secret when it comes to foreclosures: Many lenders will reject their borrower’s loan modification application and then foreclosure on the house, selling it to the bank. What they don’t realize is that they lose more money in doing so than if they would have just excepted the […]
Fairfax VA – As a Fairfax VA real estate expert, I’ve helped hundreds of families over the years sell their Fairfax VA homes. In light of today’s housing crisis, that role has become increasingly more important because I’ve helped more and more families avoid foreclosure. Today I’d like to tell you, the Fairfax VA home […]
