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Looks like a minor Christmas Miracle will postpone foreclosures for a 2 week period surrounding the Holidays this year. While delaying the inevitable, Fannie Mae, Freddie Mac, Wells Fargo, JPMorgan Chase, and Bank of America all have said they will stop foreclosure evictions on occupied properties from December 20th – January 3rd. If you’re facing foreclosure, use this [...]
Archive for the ‘Foreclosures’ Category
Foreclosures for Sale in Arlington: Week of 12/6/2010
December 6th, 2010 
Laura There are 20 active properties for sale in Arlington, VA that are bank-owned. For a full list of available properties click the picture below:
The State of the Arlington County Real Estate Market
November 30th, 2010 Laura Heading into December, the market will start to cool off, along with the temperatures. Normally, fewer properties will go on the market so fewer things will sell. Who really wants to move during the Holidays, right? So I suspect these numbers won’t change a whole lot as we round out 2010. Let’s look at the [...]
Couple Buys Meth House – Things You Should Know
November 29th, 2010 Laura In my afternoon post-lunch slump, I usually browse CNN for interesting stories going on around the world. I was surprised to see a story on the front page called “Couple’s first home is a meth house.” Yikes. The couple also writes a blog called Our Meth House. The summary: first-time home buyers in Pennsylvania use [...]
Staying In Your Underwater House vs. Renting – What’s More Expensive?
November 10th, 2010 Laura I received a comment yesterday on my blog post, “Our House Isn’t Worth What We Paid: What Are Our Options?” “What about comparing the cost of the mortgage to rent over a long time frame say 10 years? In this region you’re going to conservatively flush $20000/year in rent. The point being would staying in [...]
Posted in Arlington, First-Time Buyers, Foreclosures 
Tags: arlington real estate, buying, renting, underwater 
1 Comment »Foreclosures For Sale in Arlington, VA: Week of 11/8/2010
November 9th, 2010 Laura There are 22 active properties for sale in Arlington, VA that are bank-owned. For a full list of available properties click the picture below:
Our House Isn’t Worth What We Paid: What Are Our Options?
November 9th, 2010 Laura It’s a sticky situation: you felt compelled to buy real estate in 2005/2006, but now in 2010 your property isn’t worth what you paid. Or worse, what you owe. So what’s a homeowner to do? Keep in mind, as always, my advice and opinions are generic. Depending on your specific situation my advice might be [...]
Posted in Arlington, Foreclosures, Investor Tags: arlington real estate, selling, stuck in mortgage, upside down 2 Comments »How Will the National Foreclosure Freezes from Big Banks Affect the Arlington Real Estate Market?
October 14th, 2010 Laura A quick ‘n dirty high-level overview of what’s happening: What’s the Problem: Some of the major banks admit to “robo-signing” on foreclosures, meaning employees weren’t actually reviewing files to check for accuracy in foreclosure proceedings. Not having the right paperwork in order means they don’t actually have the right to foreclose. As a result, states [...]
Arlington Foreclosures: How Many? Where? How Often?
September 30th, 2010 Laura Let’s talk about bank-owned properties in Arlington County for 2009-YTD in 2010. Just so we’re on the same page, bank-owned properties are ones that may or may not have gone through a short sale, then to auction, then BACK to the bank who foreclosed on the owners (this is when we often refer to these [...]
Posted in Arlington, Foreclosures Tags: arlington real estate, foreclosure, market statistics 1 Comment »Foreclosures For Sale in Arlington, VA: Week of September 20, 2010
September 20th, 2010 Laura Arlington saw 3 new bank-owned properties hit the market this week: The Monroe Unit 708: 2 Bedroom + Den, 2.5 Bath Condo, 1,178 sq ft, 1 parking space 1232 Forest Drive, Arlington, VA 22204: 3 bedroom, 2.5 bath home in Virginia Heights, 1,298 sq ft 1950 Edison St, Arlington, VA 22207: Corner Lot with tear-down [...]
