RECENT BLOG POSTS
As most homeowners know and 2011 first-time home buyers will soon finds out, there are several tax advantages associated with buying a home.  As you get ready to prepare you 2011 returns, remember the following tax advantages of owning a home. Mortgage interest deduction - If your home is your pe...
01/12/2012
Be A Part of Brambleton! Overview Maps Photos Description $1,595 Residential Rental Main Features 2 Bedrooms2 BathroomsInterior: 1,156 sqft Location 42492 Mayflower Terrace203Ashburn, VA 20148USA To get updates on open home dates and other property events, please click the "Like" button below: E...
01/06/2012
Getting short sales approved is the ultimate goal!  Here are a few seller insider secrets for getting a short sale approved... Only submit ONE contract to the bank - lets buyer know that you are only working with them and they are less likely to walk. Make sure offers are complete - lenders do no...
01/03/2012
Loudoun County Short Sales can be a tricky topic.  It is important to educate your buyers and sellers when buying a short sale in Loudoun County to avoid a lot of wasted time and headache. It's true - purchasing a short sale can result in a buyer getting a property at a discounted price.  However...
12/28/2011
Over the holidays, besides spending time with family and friends, I took the time to further my real estate education and received my CDPE to help families in distressed situations. A distressed property is defined as... Property that is in poor physical condition Property that is or will soon b...
12/26/2011
Yesterday was a very difficult day for me and my family.  We had to say goodbye to the most loving, caring and hilarious woman I've ever known...my Grandma, or "Nanny" as we called her.  She was a the true matriarch of our family and will be missed dearly.  Below is a picture from last year's bea...
12/20/2011
The market has stayed pretty steady over the past month, except for the number of active listings on the market.  Statistics below are based on second week in November and December... Active:  November - 67  December - 46                           Sold Last 30 Days:  November - 15  December - 19 ...
12/16/2011
During a recent conversation I had someone say to me, "I'm just going to let my home go to foreclosure, I've heard there is no real difference between that and a short sale anyway."  What?  There's a huge difference!  I thought it would be a good time to explain the impact a foreclosure vs a shor...
12/08/2011
Hardship - A material change n the financial situation of a homeowner that is or will affect his/her ability to pay the mortgage. A hardship must be present for a homeowner to qualify for a short sale.  Below are the acceptable forms of financial hardship. Loss of Employment Income Reduction Busi...
12/07/2011
National Association of Realtors recently release the following report.   They showed that combined sales of single family homes, condos and co-ops increased in EVERY state as compared to the 3rd quarter of last year.  Pretty good sign sellers...so don't believe those that say houses are selling,...
12/02/2011
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EricPearson

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