Will Doing a Short Sale Affect My Credit?

Will Doing a Short Sale Affect My Credit?

April 22, 2010 by · Leave a Comment 

With almost 20% of the inventory in Falls Church falling in to the category of “distressed sales” (e.g., short sales or foreclosures), the implications of pursuing a short sale are becoming important to more and more people.  Many potential sellers ask: Will doing a short sale affect my credit and how much? The short answer […]

Options for Falls Church Underwater Homeowners: Loan Mods, Short Sales, Foreclosures, and Bankruptcy

Options for Falls Church Underwater Homeowners: Loan Mods, Short Sales, Foreclosures, and Bankruptcy

April 12, 2010 by · Leave a Comment 

I recently obtained a “Certified Home Rescue Expert” designation, making me part of a “Neighbors in Need” program. This program is a group of local professionals, including real estate lawyers, tax specialists, credit reporting experts, and bankruptcy attorneys who’ve networked to provide counsel to homeowners who are having trouble making their payments. This service is […]

Falls Church Real Estate Market Update: Short Sales & Foreclosures

April 8, 2010 by · Leave a Comment 

Availability of housing stock remains tight in Falls Church. As home buyers rush to take advantage of the $8000 first time home buyer credit in these final weeks of April, the selection of homes dwindles.   At the time of this post, Falls Church City has just 31 homes on the market.  There were 9 settlements […]