Short sales in Northern VA pose risks to buyers that normally would not be a concern with a normal home purchase. I have written several articles a few years back on the topic of short sale risks and what a short sale could cost a buyer if it is denied. Home buyers that would like to refer back to those short sale articles, here they are, Losing Money Trying to Buy a Short Sale and The Risk of Buying a Short Sale. Those articles are still valid but I am updating those articles and discussing all the points here in one.Northern Virginia Short Sales have become more common place in today’s real estate market and in these economic conditions. Short sales will most certainly be part of the real estate landscape for years to come. This is the reason it is important for home buyers in Northern VA to understand the risks and costs involved in buying a short sale. Buying a short sale is not for the faint of heart but can be a viable option for some Northern VA homebuyers. Currently an excellent way to get a home with instant equity in the Northern VA area is to purchase a short sale, the right way. Real estate investors have been purchasing short sales since 2007.
To continue reading this article please click here, Risks of Buying a Short Sale in Norterhn VA.
Joey Remondino has been featured on CBS, Washington Post, WUSA Channel 9, and Washingtonian as a Real Estate Expert and is a full time Realtor and Broker with StoneHouse Realty Inc. specializing in residential real estate in Northern Virginia including Vienna, Centreville, Chantilly, Falls Church, Gainesville, Mclean, Reston, Great Falls, Alexandria, Manassas, Manassas Park, Prince William, and Fairfax Counties to name a few. Trained and experienced expert in Estate Homes, New Home Sales, Relocation, and commercial real estate. Joey can guide you through any real estate buying or selling process, contact me.
To search for a home please click, Search For Home Listings.
For a free market report on listings and sales in any neighborhood in the Northern Va. area, sign up here Market Snapshot
Joey Remondino has been featured on CBS, Washington Post, WUSA Channel 9, and Washingtonian as a Real Estate Expert and is a full time Realtor and Broker with StoneHouse Realty Inc. specializing in residential real estate in Northern Virginia including Vienna, Centreville, Chantilly, Falls Church, Gainesville, Mclean, Reston, Great Falls, Alexandria, Manassas, Manassas Park, Prince William, and Fairfax Counties to name a few. Trained and experienced expert in Estate Homes, New Home Sales, Relocation, and commercial real estate. Joey can guide you through any real estate buying or selling process, contact me.
To search for a home please click, Search For Home Listings.
For a free market report on listings and sales in any neighborhood in the Northern Va. area, sign up here Market Snapshot
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2 comments:
I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post
Great post! A Short Sale risk-free buying must always be known by realtors. Your article is really helpful and so was your blog. Thanks for this post.
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