How and Why To Buy Property At A Foreclosure Sale
Buying a property at a foreclosure sale (a.k.a. trustee sale) can be a great opportunity to acquire a property under market value, but there are risks that accompany any…
Modular vs. Stick-Built . . . A Blind Test
A few weeks ago some of my clients were interested in viewing both a stick-built home and a modular home, and agreed to look at both in a blind comparison test. First…
Foreclosure: 338 Louisa Street, Broadway
Property To Be Sold: 338 Louisa Street, Broadway Date/Time of Sale: Wednesday, February 6, 2008 at 3:00 p.m. Original Principal Amount of Deed of Trust: $180,400 Assessed…
Foreclosure: 3210 Danbury Court, Harrisonburg
Property To Be Sold: 3210 Danbury Court, Harrisonburg Date/Time of Sale: Wednesday, February 6, 2008 at 3:00 p.m. Original Principal Amount of Deed of Trust: $460,800…
Foreclosure: 16958 Sundance Forest Road, Broadway
Property To Be Sold: 16958 Sundance Forest Road, Broadway Date/Time of Sale: Monday, February 11, 2008 at 10:00 a.m. Original Principal Amount of Deed of Trust: $154,000…
In Virginia, All Real Estate Is Local
Last week, the Virginia Association of Realtors released the 2007 Year-End Market Report, which creates a context for year end market data throughout the state of…
Buying Acreage To Build A Home
Recently, one of my blog readers asked a variety of questions about buying land for building a home. Let's delve into a few of the related questions and issues! What is…
Inspecting the Home Inspection Process
The first thing to know about the home inspection process is that it is a process for the benefit of the buyer. However, the standard contingency form and negotiation…
Why Blog About Foreclosures?
Several people have recently asked me if I specialize in foreclosure sales. I do not. The questions were from people who read my blog, and the question is reasonable, as…
"The Fed" Lowers Rates Yet Again!
Yesterday "The Fed," or The Federal Reserve, lowered the federal funds rate by 0.75% --- from 4.25% down to 3.50%. Generally speaking, reducing this rate leads to more…
Preparing for the 2008 Real Estate Market
In any market, it’s important for both buyers and sellers to understand the market dynamics specific to his or her location. With declining sales, but better performance…
Foreclosure: 2410 Reservoir Street, Harrisonburg
Property To Be Sold: 2410 Reservoir Street, Harrisonburg Date/Time of Sale: Monday, February 4, 2008 at 10:00 a.m. Original Principal Amount of Deed of Trust: $93,800…