Why Are Home Loan Modifications a Joke?

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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 rock and a hard place because of their lenders incompetence. Here is the autonomy of a failed home loan modification: You fall behind 30 days, your lender or servicing company contacts you and tells … [Read more...]

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! … [Read more...]

Oaklawn in Leesburg a Pulte Community

Oaklawn in Leesburg

The new Oaklawn project is a 165 acre mixed use project that will bring both urban low maintenance town homes and a walkable feel to Leesburg. The project which is very similar the Goose Creek project just a few miles away in Ashburn tries to combine both a residential feel and commercial development to one development. Pulte has several models available currently.  They include the Strafford, Silverbrook, and Tyler. All of the models offer either a one car or two car attached or detached … [Read more...]

Is the New HAFA Short Sale Program good for you?

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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 the lender allows the borrower to sell their home for less then is owed by the lender. It is very important to note that some lenders forgive the balances owed while others require some sort of … [Read more...]

Snapshot of Residential Real Estate Sales Around the Northern Va Area

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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 3 bd 2 ba 18 DOM Traditional Sales $600,000 Ashburn 43874 HIBISCUS DR 6 bd 4.5 ba 86 … [Read more...]

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