SHORT SALE INFORMATION – Fredericksburg real estate market
Did you know that over the last year, a national average of only 1 in 5 short sale transactions ever close? If you are trying to short sale your home, can you afford to be a negative statistic (4 out of 5 short sale transactions don’t close) while […]
Recently we mentioned new regulations that would allow first time homebuyers in the Fredericksburg real estate market the option of using the $8,000 tax credit for closing costs or the down payment on their home purchase, instead of waiting to use it on their tax return. We also mentioned that it would take a little […]
We try really hard to be an informative site and to not do much tooting of our own horn. But I felt it was worthy to share this tidbit of information, since our readers have helped us achieve this milestone. As of this morning, our blog ranks in the top 10% of all website traffic […]
In recent months I have been talking about the changes taking place in the Fredericksburg real estate market and the surrounding counties. One of the first indications of a balancing market is the influx of buyers in the lower price points of a market. That has certainly happened here in our market.
Now, however, there is […]
I had talked a few days ago about having already reached the bottom of the Fredericksburg real estate market. Today, I am expounding upon that, based on some experiences this week. Keep in mind, there are a lot of buyers because many people want to take advantage of the $8,000 tax credit, and other favorable […]
A question I am asked very often is, “What does AS-IS mean?” Today in this video entry I address what this term means, and how it applies to buyers looking to purchase property in the Fredericksburg real estate market. As-Is is not something to be leery of, just make sure you know how to protect […]
Hey everyone,
I am trying out a new feature here on the blog. Beginning today I am going to be posting a series of video blogs. The video entries should have pretty much the same tone as the the written posts, meaning, they should primarily be consumer oriented. Our goal since the inception of our blog, has […]
Today we are talking about my opinion that we have reached the bottom of the Fredericksburg real estate market. Particularly regarding homes for sale in Fredericksburg and the surrounding counties that are at a certain price point.
I am amazed at the number of “short sale experts” that have popped up in the real estate industry within the last 6 months. They range from real estate agents who have closed a couple of transactions in their entire career, to real bona fide experts… but the real experts are few and far between.
I […]
The following article is national news, but has a significant bearing on the Fredericksburg real estate market. Since a large percentage of our home inventory is short sales, an act that obligates banks to be more cooperative may help resolve many of these tough situations.
Ann Arbor, MI May 26, 2009 – The Helping Families Save […]
