The Washington Post reported that the median price for a house in the United States has declined 4.5%. Read it at ‘No Real Positive News’ Seen As Home Prices Continue to Fall – washingtonpost.com.
We talk with sellers on a regular basis that want to sell their house fast.
However, a home sellers expectation is [...]
Continue reading about Housing Market: Housing Prices continue to fall nationwide
Over at Get Flipping » Home Prices are Falling Faster Than Ever , the author points to statistics about the real estate market nationwide.
In a few weeks, the Virginia association of realtors will release their statistics for the Virginia market.
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Selling Your Home AloneBy Harold Febis
Selling Your house is one of the top most stressful human activities. Delays or anything else that disturb the planning only increase your stress degree. Every miscommunication or misunderstanding can lead to frustration. This article provide you with tips to avoid stress and frustration when selling your house.
First you [...]
Continue reading about Selling Your Home Alone – FISBO tips.
I have found this article today at another blog: Why mortgages have eaten Americans out of house and home | Wise Bread and thought it would be useful in the discussion on foreclosure.
At some point, people stopped calculating what they could afford long-term and started chasing what was just (or substantially) beyond reach, made possible [...]
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Monday November 19, Dreams In Distress focused on a Chesterfield family that is facing foreclosure because of their subprime mortgage adjusting.
"They are among the estimated 14,000 Virginia households facing foreclosure this year."
Their payment adjusted from $1,250 to $1,650, making the house no longer affordable. They are hoping for a loan modification, but there is [...]
Continue reading about Feature: Local Family Postpones Foreclosure.
Investors need the facts – Real Estate – inRich.com
While the article focuses on investors, it does point out that the Richmond Times Dispatch is publishing nearly 145 trustee sales a week compared to 110 this time last year, a 31% increase.
Newsweek puts up an article called Surviving the Housing Slump and offers 5 ways that homeowners can use.
I received an email from Arie Brown this evening from ProActive Lending Solutions.
As you know the real estate market and mortgage lending has experienced some major changes during 2007, and will continue to see changes in the future as well. I want to share some information with you that I feel is important and I [...]
Governor Kaine Creates Virginia Foreclosure Prevention Task Force was a press release issued today.
I’m glad that the State is getting involved in Foreclosure Prevention. Nearly 4 out of 5 loans in foreclosure in the state were sub-prime. And there are still many more looming on the horizon.
Virginia’s foreclosure process is brutally fast. This is another [...]
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There is a new nationwide course, available online and anonymous as well.
‘Keeping Your Home,’ New Online Course Designed to Help Homeowners Nationwide Avoid Foreclosure, Now Available at CCCSInc.org :
I have not had any experience with this course, but provide it as a resource to help educate you.
Some states have a foreclosure process that [...]