ARCHIVED BLOG POSTS

2008 

What is a Short Sale? In a short sale, a financially insolvent homeowner who is facing foreclosure sells their home for less than the value of their loan.  The lender accepts the sale as payment in full for for the loan. Because of the current economic conditions more and more homeowners are fac...
12/30/2008
Current Maryland Regional Real Estate Submarket *Trend Tracking* Updated 12/30/08  7:55AM Source: •Avg Sales Price Baltimore City  (2004 $109,000) - (2006 $180,000) (2007 $200,000) (2008 $191,125) (National Avg $181,000) •Total Active Listings •Washington, DC - 3,116 ~ Avg List Price $614,244 ~ ...
12/29/2008
Renovation Financing Is Back! As Certified Distressed Property Experts we deal with banks, loan servicer's and asset managers who contact us on a daily basis to help determine the value of their assets. You can be sure that you've selected a firm with previous experience and expertise of local ma...
12/29/2008
3 Myths and Truths About Short Sales Myth #1 Lenders want to foreclose on delinquent homeowners. Truth  Lenders are in the business of loaning, not owning. Myth #2 Financilally distressed homeowners have worked through all their options with their lenders Truth 7 out of 10 financilly distressed ...
12/29/2008
Updated 12/23/2008 9:45am Source: Average Days On Market Since September 23, 2008 ~ 113 Average List vs Sales Price 97% Average Sold Price $293,284 1,341 Homes Sold Since September 23, 2008 As Certified Distressed Property Experts we deal with banks, loan servicer's and asset managers who contac...
12/23/2008
What Is An Expired Listing?  An expired listing is a property that was on the market for 90-days and was not successful in selling because of wrong price, wrong marketing of the condition of the property.  This can cause buyer reluctance and stigmatize a property.  When a sellers property become...
12/22/2008
Updated 12/21/2008 12:45pm Source: Average Days On The Market Since September 21, 2008 ~ 124 Average List vs Sales Price 97% Average Sold Price $185,934  1,135 Sold Properties Since September 21, 2008  As Certified Distressed Property Experts we deal with banks, loan servicer's and asset manager...
12/21/2008
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We Need Your Help! We are working with a financially distressed homeowner who needs to sell their approved Short Sale property today!  As Certified Distressed Property Experts we deal with banks, loan servicer's and asset managers who contact us on a daily basis to help determine the value of th...
12/18/2008
GET YOUR HOME SOLD TODAY! So many homeowners today are struggling with the sale of their home and are experiencing little or no activity.  However, there are three keys that all sellers should pay attention to in order to ensure that a sale will happen and in a relatively short period of time.  ...
12/18/2008
Updated 12/17/08 6:20AM  Source:   Available Listings Below $100,000 Baltimore City ~ 1,872, Baltimore County ~ 56 Available Listings $100,000 - $200,000 Baltimore City ~ 1,878, Baltimore County ~ 1,013 Available Listings $200,000 - $500,000 Baltimore City ~ 1,425, Baltimore County ~ 2,605 Avail...
12/16/2008
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