Tag Archives: Northern Virginia short sale

Mortgage after Foreclosure, Short Sale, or Bankruptcy – How Long Do I Have to Wait

It is no longer unusual to meet someone in your area who has had a foreclosure, short sale or bankruptcy. The recession has taken a toll on home owners across the country, as well as owners of Northern Virginia real estate. The big question on these people’s minds is, “When will I be able to qualify for a mortgage loan again?” The answer varies, because it depends on the financial route that has been chosen.

Fairfax Short Sales: How Wall Street Firms Lowered Their Risk On Risky Home Loans

 Bear Stearns was a survivor. It survived the Great Depression without  laying off any workers. It persevered through WWII , in addition to  9/11. What destroyed  it at  a time of peace and relative security? The problem was that it had engorged itself on risky mortgages. In my belief, the Wall Street firms were participating in […]