Mortgage Defaulters De-Mystified – 50% of Defaulters have High Credit Scores. CDPE pre-qualification for a Short Sale.

It is assumed by many that borrowers who default on their mortgages are low-income and purchased their home without being able to afford it by taking advantage of low interest rates and lax lending practices. Or that those borrowers signed mortgages without fully understanding the fine print. Or that they qualified for a loan based on [...]

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Americans Believe in Home Ownership Despite the Housing Bust – Real Estate as Inflation Hedge

The last few years were not kind to homeownership.
However, despite all of the bad news in the media and websites like Zillow.com about homeownership and mortgages, most Americans still believe buying a home is a great investment, according to a new study by Bankrate.com.
Among the findings from the study:

92 percent say that a home [...]

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Risks and Benefits of Purchasing Real Estate with Unrelated Partners – Title to Real Property

 
Since the slowdown of the real estate market in 2006, many homebuyers and investors are taking advantage of the buyers’ market and purchase at a lower price. It is not uncommon for unmarried couple, or two roommates, or a group of friends to invest in a real property.
While the idea may seem on the surface [...]

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A Guide to Free Summer Concerts in D.C., Maryland and Virginia for the Summer of 2009

 The 2009 summer season is upon us – swimming pools, beaches, camping out, barbecues, AND FREE outdoor concerts.
The Washington, D.C. area, Maryland and Virginia, abound in concerts that can be attended free of charge.  All you need to bring is a water, a sense of humor and an umbrella to protect yourself from the sunshine.  Enjoy!
http://www.washingtonpost.com/gog/search/q,categories_Music%20Events,includeAllTerms_Summer%20Concert%20Guide%20Free,sortSpecifier_Date.html

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Title to Real Property in Virginia – Protecting Ownership Rights

The method a purchaser takes the Title to the real estate holdings is of a paramount importance, can have great ramifications in the future, and possibly work against the owner if a wrong title was chosen.
My experience as a REALTOR tells me that TITLE  issues are often under-explained and overlooked. Occasionally homebuyers learn about the possible options [...]

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Leesburg Town Council Voted to Appeal Water Rate Ruling for the Out-of-Town Users – Circuit Court Judge Thomas D. Horne found the Rates to be “ Unfair, Unreasonable, and Inequitable” on March 6, 2009

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Leesburg Town Council voted unanimously to appeal a March 6, 2009 decision by Circuit Court Judge Thomas D. Horne that found the utility rates for Leesburg’s out-of-towners to be “unfair, unreasonable, and inequitable.”
The Court gave the town 90 days to lower the water surcharge for out-of-town residents by 45.51% and the sewer surcharge by 36.53% [...]

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Etiquette for the World Traveler – Everything You Need to Know in 10 Minutes

Are travels abroad in your plans this summer?  Or perhaps your business functions will take you to the other parts of the world….. here is an EXCELLENT site to brush up on the local etiquette and avoid an embarrassing moment or two.
What might be perfectly acceptable in one country, might be totally taboo in another [...]

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