By Cindy Jones on August 30th, 2010
It was reported this week that CoreLogic a mortgage data aggregator has lanched a new program to help lenders find potential short sale property flops. The program is designed to alert the mortgage lender when more than one person has applied for a loan on the same property.
In a post written last [...]
By Cindy Jones on August 11th, 2010
Before you run to your current lender and say make mine a Short REFI (refinance) take a deep breath. One thing in this plan that could stop you in your tracks is the 97.75% loan to value ratio required. For many Northern Virginia owners, especially those who purchased from 2004 to 2008 unless you made [...]
By Cindy Jones on February 11th, 2010
If you haven’t seen this video about the IndyMac Bailout by the FDIC in June 2008 then take a look. As an agent who works with short sales (representing both buyers & sellers) I understand the frustration that comes with the lack of responsiveness to offers and the often ridiculous counter-offers that arrive from [...]
By Cindy Jones on February 7th, 2010
Back in my college days I used to do a little spelunking. Not serious enough to need loads of equipment but I did have a head lamp and developed an appreciation for how dark caves can be. We won’t talk about bats and other creatures that also enjoyed being in the caves. [...]
By Cindy Jones on January 6th, 2010
Watch this video all the way through.
By Cindy Jones on January 1st, 2010
Finally we have reached 2010. No more listening to news broadcasters saying Two Thousand OH nine. Last time I checked OH was not a number. So here is to Two Thousand Ten and a year of hearing the same news broadcasters saying Twenty Ten.
Really is it that tough to say number [...]
By Cindy Jones on December 19th, 2009
Headed out the door at 9am to wander around Belmont Bay (Woodbridge VA) this morning. Since this will be called the Blizzard of 2009 or as it has already been nicknamed “Snowpocalypse” the least I could do was get out and take a video of what my neighborhood looked like. Now I [...]
By Cindy Jones on December 1st, 2009
In a move that could win the It’s About Time Award the government has once again stepped in to provide guidelines and incentives to lenders to get short sales closed in a more timely fashion. The new guidelines of the Home Affordable Foreclosure Alternative (HAMP) for completing short sales or deed-in-lieu of foreclosure deals include:
Borrowers would [...]