NOVA BROKERS LLC'S Blog

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Real Estate Broker/Owner - NoVa Brokers LLC - 0225 094634 VA/ 643686 MD
RECENT BLOG POSTS
Yesterday’s market has created problems with property owners paying their mortgage timely or affording their mortgage, which leaves them with difficult decisions to make. Try to keep the property and continue to be house poor and struggle with the stress of trying to keep up. Attempt a short sale...
01/12/2008
I found out yesterday that a friend's sister went through a company on the internet to perform a short sale and requested $1000 from her.  She paid it instead of her mortgage (she was already 3 months past due).  Well guess what happened next???? NOTHING.  Her home was foreclosed on and she did n...
12/20/2007
  The answer to this is “NO”.   I am still finding that people that call me regarding a possible short sale that Bankruptcy is still the answer.   If the short sale does not accomplish all of someone’s financial distress, because someone may have a ton of other debt, and possibly unemployed, mayb...
12/14/2007
If you think too much is owed on the property and a short sale doesn't look like an option, it may still be an option.   I want to share with you one of the most difficult short sales that I have had. Here is one that I just completed sucessfully. GMAC 1st Mortgage $465,000.00 GMAC 2nd Mortgage (...
11/26/2007
I was working with a buyer that noticed a home that was not on our list.  I looked it up and it said, showing by appointment only.  Call Lister to set up appointment.  On the market for 92 days so far.I left 10 messages, and still no response back.  The only phone numbers listed is for the agent....
11/13/2007
I had to share this listing appointment I had.    As I drove up to the home, I noticed that the home was an all brick rambler with some rose bushes and other well maintained plants in the front and a driveway, no garage.  This lady had lived in the home for over 30 years.  Husband passed away and...
11/04/2007
         Well let me just say that I am not just a Realtor®, I am also a Bankruptcy Consultant and I am really upset about what I have been seeing from other agents in my area.            Let me just give you one example and this is not the first time I have come across this, this is the third i...
10/27/2007
AFTER SPEAKING TO A POTENTIAL SHORT SALE SELLER . . . I usually follow up with a letter that I found helps reiterate our conversation to make sure that we are all on the same page and have the same goal in mind.  Also, to make sure in writing I state that they should contact a tax professional re...
10/20/2007
  Lately, I have been receiving calls from other agents and lenders regarding how bankruptcy can help a homeowner have more time to refinance or sell their home.  So I decided to share with the group.   Well, first if there is a foreclosure date already scheduled, you can buy more time by filing ...
10/05/2007
I was curious if other agents are experiencing what I am experiencing and that is homeowners approaching me to do a short sale, then asking if their brother, mother, father, sister, etc... can put in an offer because they don't have any intention of losing their home but to reduce their mortgage ...
10/01/2007
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Stella Barbour

Principal Broker, Serving Virginia and Maryland
local_phone(571) 814-3002
smartphone(703) 999-6104
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