Research- This begins way before there is a sign on the lawn. In most cases savvy investors begin prospecting for foreclosures and short sales in the public announcements section of their local paper. Do a drive by of any houses that are in default. See if the property is vacant as well as the condition [...]
Archive for the ‘CDPE- Short Sale Info’ Category
Why Are Home Loan Modifications a Joke?
Home loan modifications are a joke in your town! As a licensed Real Estate Broker working in the Northern Va area I have spent a good deal of time over the last 4 years working with distressed homeowners. Over and over again, I hear the same horror stories from homeowners who are stuck between a [...]
Is the New HAFA Program good for you part II
Is the New HAFA Program good for you? Need more information on Short Sales in your area? Call me for a confidential interview today! Chuck Rifae Serving all of your Ashburn, Leesburg, Mclean and Loudoun County area Real Estate needs!
Is the New HAFA Short Sale Program good for you?
Is the new Home Affordable Foreclosure Alternatives Program (HAFA) good for you? If the thought of foreclosure or Short Sale has ever crossed your mind then you will want to know more about the new HAFA program rules. Let’s start with a quick definition of a Short Sale. In brief, a Short Sale is when [...]
Snapshot of Residential Real Estate Sales Around the Northern Va Area
Here is a quick snap shot of recent residential sales in our local area over all the last 30 days or less. Less than $300,000 $300,000 to $499,999 $500,000 to $699,999 More Than $700,000 Ashburn $200,000 Ashburn Farms 45050 BRAE TER #201 2 bd 2 ba 2 DOM Foreclosure $305,000 Ashburn Farms 20601 Preakness Ct [...]
What do Banks Want!
So what do banks really want from borrowers that can’t make their payments? In most cases banks want the borrower to find a way to pay regardless for financial difficulty. Can you say “ you can’t get blood from a turnip”. Apparently this saying was not covered in the MBA programs most of these execs [...]
Post Article" Coming up Short, more and more"
Today I read an article written by Post Staff writer Renae Merle. Although, overall better then most of nonsense they put out about Real Estate they did fall into that same old lazy journalism trap. Rather then seeking out Realtors or customers who have completed Short Sales they instead reached out to the same old [...]
FAQ about Short Sales
FAQ about Short Sales As a Realtor specializing in short sales I sometimes forget that short sales in general have only became commonplace in the Ashburn and Leesburg area for only a few years now. As a matter of fact I remember a conversation I had with a Denver Re/Max agent about how many short [...]
Certified Distressed Property Expert — CDPE Part 4
Certified Distressed Property Expert Part 4 Well, I just finished up the CDPE course today and sent in my final exam. I have to say I’ve learned more about how Short Sales are processed in the last few weeks then I learned over the past couple of years. Not also do I now understand exactly [...]
Certified Distressed Property Expert — CDPE Part 3
Certified Distressed Property Expert Part 3 Have you ever taken a class and realized half way through the class that you have been doing what you are learning about all wrong? I now think that all the short sales I closed in past were pure luck! And the ones I didn’t close were because me [...]





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