The Puzzle (To Buyers) Of A Low List Price
It can be difficult to price property as a seller, but another interesting puzzle is how a buyer should respond to a low (super-low) asking price. There are several…
A Typical Short Sale Time Table In Virginia
Earlier this week I attended an educational session put on by the Virginia Association of Realtors in regards to Short Sales which was very informative! I am currently…
Why Are Home Values Remaining Stable In Harrisonburg and Rockingham County?
In most areas of Virginia and the United States, home values have fallen quite dramatically over the past two years. Why, in Harrisonburg and Rockingham County, haven't…
The State of Our Local Housing Market
Despite continued turbulence in many real estate markets across the country, the Harrisonburg and Rockingham County housing market continues to perform well, with stable…
A Casual Examination of Foreclosures in Harrisonburg and Rockingham County
For almost a year now, I have been posting information about scheduled foreclosures (Trustee Sales) in Harrisonburg and Rockingham County to HarrisonburgForeclosures.com…
Everything You Need To Know About Buying An Investment Property in Harrisonburg, Virginia
This won't actually cover absolutely everything you need to know, but I believe it will give you a good overview. These questions were posed by a reporter from the…
Why haven't home values fallen in Harrisonburg and Rockingham County?
I am asked this question quite frequently, often from buyers who are relocating to the Shenandoah Valley from other areas of the state or country. Since 2006…
Fannie Mae empowers real estate investors!
Fannie Mae's current policies don't allow an investor to finance any more than four properties backed by Fannie Mae. Thus, if you own the home you live in, you could only…
Foreclosures in Harrisonburg and Rockingham County
Thankfully, the foreclosure rate for Harrisonburg and Rockingham County is much lower than in other parts of the country. However, we do have foreclosures in this area…
New rules limit real estate investors to four loans
One of my clients forwarded me a story from the Atlanta Journal-Constitution, which discusses new Fannie Mae and Freddie Mac rules that states that Fannie and Freddie…
Banks eager for short sales!?
A short sale is one where the sales price was insufficient to pay the total of all liens and costs of sale; and where the seller did not bring sufficient liquid assets to…
Looking for foreclosures opportunities in Harrisonburg & Rockingham County?
Over the past nine months I have posted quite a few foreclosures opportunities on this blog, HarrisonburgHousingToday.com. Yet during this time I have realized that not…