Short Sale Mortgage Debit Relief Act Survives the Fiscal Cliff!

Rough Road

Somehow Congress got something RIGHT! In between the temper tantrums and political horse-trading Congress threw those upside down and in most cases financially distressed homeowners a lifeline and extended the Mortgage Debit Relief act. For those that have no idea what this act does, I’ll give you the (pardon the word) “cliff” notes here. Here is the entire bill for your light read pleasure. In the early years of the real estate bust( 2006-2007) Congress realized that our tax laws … [Read more...]

Short Sale and Foreclosure Housing Report

Grenata Preserve Leesburg

Want to know exactly what's happening in the short sale and foreclosure market in the Northern Va area? Checkout my detailed report below.     Want to be the first know when a short sale or foreclosure is hitting the market in your neighborhood? Email me and you can get direct free access to quality personalized housing search in your area. Search for Short Sales here. Take care, Chuck Serving all of your Ashburn, Chantilly,Fairfax,Herndon, Reston, Leesburg, … [Read more...]

FHA Refinance of Borrowers in Negative Equity Positions

American-Gothic-House-Underwater-31269

Here it is at last, your chance to refinance your underwater mortgage. The long-awaited FHA rules that will allow homeowners that are underwater to refinance their homes. If your house is underwater and your interest rate is above 6 percent, you should definitely consider this refinance opportunity when it becomes available. Even if you have a good interest rate, the write-down of your first and/or second mortgage may make this deal worth considering. You must be current on your mortgage … [Read more...]

Red Cedar a Pulte Home Community; Neighborhood Spotlight Leesburg Va

It is very rare that I can honestly say that one neighborhood has  a little something for everyone. Looking for an upscale Townhouse, check; how’s about a nice neo-traditional single family home with lots of house and not much yard, check; a house with a decent yard maybe? Check and double check! You can have a yard from a quarter acre to 8-10 acres (currently there is a 34 acre site on sale). What about price? Red Cedar has homes starting in the $400,000’s and going up to the $2 million … [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...]

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