Navigating Bank Of America’s Short Sale Process

Short Sale Landfall

Got a Bank of America loan and trying to successfully complete a Short Sale? Well buckle up and read on, you have just found the right website! It has been my experience that Bank of America is one of the toughest lenders to work with in completing short sales. Here is what you need to know to successfully close a Bank of America Short Sale:   The Paper Trail:   Customers and Realtors I know describe working with BOA with words I cannot put on this blog without putting an … [Read more...]

What Does the New FHA Streamline Refinance Process Mean for YOU?

FHA Streamline Refinance

In the governments never ending odyssey to put an end to the current housing crisis FHA has put in some new guidelines to the FHA Streamline FHA process in hopes of helping homeowners refi into today’s lower rates. As with all the alphabet soup programs out there this program sounds great on paper but will it work? Here is a quick snapshot of what this program does and doesn't do: Does: If your loan is a FHA backed loan you can refi at today's low rates. Look to see if your mortgage is … [Read more...]

Top 5 Foreclosures and Short Sales in Reston

statue reston

There's a real community spirit in this little town. Besides great shopping and an easy commute into DC and Dulles Airport, Reston also has  some of the finest schools in the Fairfax County area. Therefore, its no surprise that housing prices in Reston tend to command a 5%-10% premium over nearby Sterling and Herndon. After all, Real Estate is still all about Location, Location, Location and Reston has all three! Below are some of the best priced foreclosures and Short Sales in Reston this … [Read more...]

Latest Northern VA Housing Market Trends

The fall has fallen and there is even talk of the first snow hitting the ground before Halloween! Now wouldn't that be a trick! Here are the latest housing stats as report by our local MRIS for the Loudoun, Fairfax and Arlington county areas. Some what of a mixed bag but still some good treats if you look closely enough. Enjoy! Btw.. If you are in DC this weekend make sure to cheer me on as I run in the 36th annual Marine Corps Marathon this Sunday! HooRah! Chuck Serving all of your … [Read more...]

HARP Part II New Update

movie pic

Ever been to a bad movie squeal and wished you had just saved your money or got it at Red Box for $1 instead. Well, welcome to HARP part 2 or as I like to call it “Throw everything against the wall and see what sticks”. For those that missed part one of HARP let me just give everyone the quick Reader Digest version. Soon after it became apparent that someone needed to do something to help struggling homeowners stay in their homes the Federal Government started coming out with great … [Read more...]

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