http://www.trulia.com/profile/mydcagent/The latest answers submitted by The Eddie Rangel en-ushttp://www.trulia.com/voices/Home_Selling/short_sale_my_condo_in_DC-181776Answer by The Eddie Rangel & Steve Dean Team: Jerry, In order to qualify for a short sale, you must have suffered a hardship. Qualifying hardships typically include: - Loss of job - Business Failure - Damage to Property - Death of a Spouse - Death of Family Members - Severe Illness - Inheritance - Divorce - Mandatory Job Relocation - Medical Bills - Military Service - Payment Increase or Mortgage Adjustment - Insurance or Tax Increase - Reduced Income - Separation - Too Much Debt - Incarceration Here are some of the difference between a short sale and a foreclosure: Short Sale - Property is sold and lender accepts proceeds as payment - You may be released from any deficiency judgment liens filed against you - No foreclosure reported on to credit bureaus - Reflects on your credit reports for approximately 2 years - FICO score may drop between 75 - 125 points Foreclosure - Lender takes ownership and forces the sale of the property - Lender has the ability to file a deficiency judgment against debtor and any other properties owned - A foreclosure will be reported to credit bureaus - Reflects negatively on your credit report for up to 10 years - FICO score may drop between 200-280 points potentially causing loss of security clearancesTue, 1 Dec 2009 16:58:59 PSThttp://www.trulia.com/voices/Home_Selling/Is_it_legal_to_indicate_on_paper_for_your_buyers_t-173964Answer by The Eddie Rangel & Steve Dean Team: It is illegal to misrepresent the sales price of a property. If you have done so, please consult an attorney and tax advisor in your jurisdiction.Tue, 1 Dec 2009 16:53:12 PSThttp://www.trulia.com/voices/Home_Buying/Where_are_the_emerging_neighborhoods_where_I_can-3528Answer by The Eddie Rangel & Steve Dean Team: Many Washingtonians don't even know about Southwest DC. Located on the Waterfront, Southwest is comprised of mostly mid-century modern architecture from the early 1960s. The area is experiencing a lot of revitalization. Arena Stage is renovating and expanding, the Mall has been torn down and is being rebuilt, the apartment buildings on both sides of where the Mall was are being renovated. The city is planning a huge revitalization project between 12th and 6th Streets along Water Street and Maine Avenue. For more details on that project, visit: http://www.swdcwaterfront.com/Sat, 21 Jun 2008 03:12:39 PDThttp://www.trulia.com/voices/General_Area/my_husband_and_i_are_moving_to_the_greater_washing-11895Answer by The Eddie Rangel & Steve Dean Team: Kimberly, You may want to check out Southwest DC. This quadrant is unique in its abundance of mid-century modern architecture. Stunning barrel roof townhouses can be had in the upper-$300s to mid-$400s depending on renovation. Check out a couple of virtual tours: http://www.myDCagent.com/vtour.php?id=154 or http://www.myDCagent.com/vtour.php?id=147Sat, 21 Jun 2008 03:07:41 PDThttp://www.trulia.com/voices/Home_Buying/How_safe_is_Petworth_vs_other_emerging_neighborho-6665Answer by The Eddie Rangel & Steve Dean Team: Agents can never comment on crime, and safety is a personal perception. I always suggest that clients check out www.washigntonpost.com/crime or www.crimereports.com to see what the police are reporting for a given neighborhood. Be sure to check out the neighborhood your considering moving to and a neighborhood where you feel safe. That way you can compare statistically what is happening in both areas. Also, go through the neighborhood you're considering at various times of the day and various days of the week. If you don't feel safe there then it's not the right choice for you.Sat, 21 Jun 2008 03:04:01 PDThttp://www.trulia.com/voices/Home_Buying/I_am_considering_renting_a_condo_on_th_and_L_Stree-3878Answer by The Eddie Rangel & Steve Dean Team: Agents can never comment on crime, and safety is a personal perception. I always suggest that clients check out www.washigntonpost.com/crime or www.crimereports.com to see what the police are reporting for a given neighborhood. Be sure to check out the neighborhood your considering moving to and a neighborhood where you feel safe. That way you can compare statistically what is happening in both areas. Also, go through the neighborhood you're considering at various times of the day and various days of the week. If you don't feel safe there then it's not the right choice for you.Sat, 21 Jun 2008 03:03:15 PDThttp://www.trulia.com/voices/Tech_Tips/how_can_i_look_up_information_on_a_property_in_dc_-27797Answer by The Eddie Rangel & Steve Dean Team: Jimmy - The best place to check out this data is the Recorder of Deeds website. You'll obtain information on what liens are recorded against the property, if any foreclosure notices have been filed, etc.Sat, 21 Jun 2008 03:00:10 PDThttp://www.trulia.com/voices/Home_Buying/I_made_an_offer_on_a_house_The_sellers_counter_o-42319Answer by The Eddie Rangel & Steve Dean Team: In most jurisdictions, the statute of frauds requires that all real estate contracts and offers be in writing to be enforceable.Sat, 21 Jun 2008 02:55:10 PDT