Oh, the banks are at it again! News has surfaced over the last 2 weeks that GMAC Mortgage and GP Morgan Chase are suspending foreclosures in 23 states (Virginia is NOT included!). Bank of America announced late last week they were halting foreclosures in all 50 states in order to investigate their foreclosure process. But this raises an […]
Fredericksburg City: 149 days on market – this is 85 days more than in July 2009 Sellers received, on average, 93.48% of their list price when the home sold There is 12.08 months of inventory on the market 13 homes sold in July 2010 – this is 10 less than in July 2009 The most popular price range was $250,000-$299,999. The median sold price was $283,250, compared to $218,000 in July 2009 Financing […]
Let’s see who’s available for adoption at the Fredericksburg SPCA! Meet Ollie! Ollie is an all white, domestic short-hair, 3 year old male. He has sparkling blue eyes that will melt your heart. He prefers to be an only cat, but is good with adults and children. He loves to be petted and cuddled. He also […]
It’s here again. It’s Virginia’s tax free holiday for school supplies and clothing. The holiday runs from Friday, August 6 – Sunday, August 8, 2010. Each eligible school item must be priced at $20 or less and each clothing and footwear item must be priced at $100 or less. Eligible School Supplies: Binder pockets Binders […]
The 272nd Fredericksburg Agricultural Fair is in full swing! This is the oldest fair in Virginia and quite possibly the oldest fair in the united states. Originally the fair was held twice a year. Cattle, everyday necessities, goods, and other merchandise was sold. Horses racing, hot air balloon rides, and circuses have also been a […]
Fredericksburg City: 51 days on market – this is 55 days less than in June 2009 Sellers received, on average, 93.81% of their list price when the home sold There is 9.76 months of inventory on the market 17 homes sold in June 2010 – this is 12 less than in June 2009 The most popular price range was $250,000-$299,999. The median sold price was $250,00000, compared to $259,900 in June 2009 Financing […]
Short sale transactions are like snowflakes, no two deals are alike. However, there are some parts of short sales that are the same from bank to bank and transaction to transaction. I have updated my Short Sales Tab to reflect some of the constants in short sales. I hope you find the information useful. As […]
The 4th of July is a fantastic time to be in and around the Fredericksburg area. The rich Revolutionary War history and Fredericksburg’s part in masterminding and securing America’s freedom makes this our own special holiday. If you are looking for something to do this weekend, here is a list I’ve compiled. […]
As the market changes, so does the way we handle certain transactions. I have updated the Foreclosure section of Sarahiously Speaking to give more up-to-date information about the foreclosure process in Virginia and purchasing properties at the courthouse steps and purchasing REO properties. I hope you find the new information useful. And, as always, feel […]
