Serving Northern Virginia
You might be surprised at the answer. In July I wrote a post “Strategic Foreclosures are Lenders Listing” which indicated from Wall Street Journal research that that once the value of a home fell by more than 15% the number of homeowners would simply “walk away” increased. Now a new report produced by Experian and Oliver Wyman…
According to the latest filing with the SEC, Fannie Mae and Freddie Mac combined own close to 100,000. Rest assured not all of these properties are in Northern Virginia. In fact the Western Region of the US accounts for 46% of REO properties acquired in 2009. The report indicates that the temporary suspension of foreclosures…
Military families across the world have been anxiously awaiting the final rules proposals for the DoD Homeowners Assistance Program (HAP). Waiting is always a struggle when you have your PCS orders in hand and need to sell your home. It is even worse in our current market when it often means that the value of…
