20164 : Advice

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Vicky Chrisn…, Real Estate Pro in 20132
Vicky Chrisner answered:
If the listing agent is not following up with regular updates and has no experience with short sales, is there any alternative other than walking away
Do you have an agent? If so, allow your agent to do his job, including educating you on the process (in other words, answering this question). I do not recommend contacting the bank t ... more
0 votes Share Flag Sun Apr 25, 2010 Foreclosure in Sterling
Reshawna Lea…, Real Estate Pro in Woodbridge, VA
Reshawna Leaven, Realtor answered:
I'm planning to sell my home (FSBO) this spring. What are my realistic options if I get a contract for my asking price (say $750k) and the?
Good Afternoon, Home Owner in Sterling

Your options are to renegotiate the terms of the contract. In today's market, your best interest would be to reduce the price to the appra ... more
0 votes Share Flag Tue Mar 16, 2010 Home Selling in 20165
The Spear Re…, Real Estate Pro in 22066
The Spear Realty Group answered:
I am helping my mom (82 years old) to do her loan modification. The bank wants me to send a letter stating I want to set up a scrow account for Ins.
I am not an attorney nor a tax advisor nor a mortgage advisor. I am a Realtor licensed in the State of Virginia. I would definitely recommend you contact a reputable lender so that yo ... more
0 votes Share Flag Tue Feb 9, 2010 Foreclosure in 20164
Vicky Chrisn…, Real Estate Pro in 20132
Vicky Chrisner answered:
Short Sale closing Date Looming
you need to work through the listing agent and request an extension. i have had no problem getting an extension when there's been a replacement buyer if everything else is good, e ... more
0 votes Share Flag Sat Nov 21, 2009 Home Buying in 20164
Ramesh Chand…, Real Estate Pro in Arlington County, VA
Ramesh Chandra answered:
What is the interest rate right now for 422,000K loan if i only have 3.5% down and my credit score is good (around 750)? I want to borrow from FHA.
One of the rate sheets I got yesterday shows 5% upto 417k and 6% for loans above that.
rgds,
Ramesh Chandra
703 635 8209
mepcigroup@gmail.com
0 votes Share Flag Tue Nov 10, 2009 Financing in 20165
Dina Azzam, Real Estate Pro in 20165
Dina Azzam answered:
With $520k to $550 k avail for single family w/ brick front & main level library/study...Q: where to spend?
I would really advise you to go visit all these communiites at different times. Try the commute to work during rush hour, go to some restaurants in these areas, or talk to some resident ... more
0 votes Share Flag Tue Mar 10, 2009 Home Buying in Sterling
Yona Bello, Real Estate Pro in Studio City, CA
Yona Bello answered:
We made an offer on a short sale house. On the property listings, the property is now listed as cntg/ no ko.
Dear LV,

I know this is frustrating, but this is the scenario with short sales. If you are being represented by a Realtor, have they tried to see why you have not been contacted?
... more
0 votes Share Flag Sun Mar 8, 2009 Home Buying in 20166
Cindy Jones, Real Estate Pro in Alexandria, VA
Cindy Jones answered:
Bought Townhouse in Loudoun in 2005 for $375K, curent value ~$210K, owe $285K. Buying a SFH for $350K in
The first thing you need to do is contact your lender. If you are qualified to buy a second home they may not look favorably on a short sale of your townhouse. Some homeowners who att ... more
0 votes Share Flag Sun Feb 22, 2009 Rental Basics in 20165
Bosley Team, Real Estate Pro in 85234
Bosley Team answered:
I'm currently in the process of purchasing a house (a bank approved short sale) that has what we believe to
Are you working with a Real Estate Agent? If so, talk to them about your options... Either way, you should make sure you understand the eviction process in your area. You may also w ... more
0 votes Share Flag Thu Jan 1, 2009 Home Buying in 20165
Danilo Bogda…, Real Estate Pro in Reston, VA
Danilo Bogdanovic answered:
I am interested in buying a single house within these zip codes: 20165,20171? 3 Bed, garage, Basement.Any?
Niaz,

Yes, there are plenty of 3 bedroom homes with a garage and basement available in Sterling and Herndon.

If you let me know exactly what you're looking for, I'll send you a l ... more
0 votes Share Flag Thu Nov 5, 2009 Home Buying in 20165
Tim Freund,…, Real Estate Pro in 91362
Tim Freund, CRS, answered:
New home with Toll Brothers - how to finance ?
TBI is correct in that you cannot lock in until you are much closer to delivery. Additionally the builder likely conditioned their concessions to you're using TBI, which will pretty we ... more
0 votes Share Flag Sat Sep 27, 2008 Financing in Sterling, VA
Danilo Bogda…, Real Estate Pro in Reston, VA
Danilo Bogdanovic answered:
House didn't sale in a short sale, is going to foreclo. Need a real estate lawyer in Loudoun Co. to advise me.
Call Highland Title and Escrow in Ashburn and ask to speak with Michael McFarlane. He's a well respected, experienced and knowledgeable real estate lawyer. The number there is 703.723.3 ... more
0 votes Share Flag Thu Jul 17, 2008 Foreclosure in 20164
Glenda Cherry, Real Estate Pro in Herndon, VA
Glenda Cherry answered:
Why is there a huge price disparity (for SFH) within zip code 20165 Sterling VA? Thanks!
Without more information, it's hard to give you an answer. Part of the disparity may be caused by the number of foreclosures and short sales in Sterling. When an agent lists a home as ... more
0 votes Share Flag Fri Oct 15, 2010 Home Buying in 20165
Pacita C Dim…, Real Estate Pro in Alameda, CA
Pacita C Dimacali answered:
Are you able to put an offer on a house even though you already have a offer on a different short sale?
This is an ethical dilemma that we are encountering more frequently because of the length of time it takes for short sale negotiatiors to respond to an offer. On more than one occasion, ... more
0 votes Share Flag Mon Jun 2, 2008 Home Buying in 20164
Ian Coburn, Real Estate Pro in New Orleans, LA
Ian Coburn answered:
What are good ways/sites to get BPO orders to do for a Realtor?
Contact 1st American...get on their approved list.
0 votes Share Flag Wed Jul 2, 2014 Financing in 20165
Glenda Cherry, Real Estate Pro in Herndon, VA
Glenda Cherry answered:
I am looking at a TH in the Woodstone development, across from the elementary school. I've heard good and bad
Hi Nicki,
As real estate agents we can't really characterize areas as being either "good" or "bad" ... after all, it's subjective and means different things to different people. Your ... more
0 votes Share Flag Mon Dec 10, 2007 Foreclosure in 20164
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