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 – The short sale process can often be frustrating for Fairfax home buyers. They will often ask me, “I made an offer on a short sale property nearly six months ago. Why haven’t I heard back yet?” The truth is, it is fairly easy to discern whether your short sale will be approved. […]
Fairfax VA – It’s possible to get your life back on track after a Fairfax VA short sale. The first step you’ll want to take is to start repairing your credit. But what about those pesky collections that never seem to go away? I’ll show you a couple of techniques here. This will help you […]
