I have recently been searching for foreclosures in our Williamsburg MLS. I have been surprised at the number of foreclosures I have found and at the diverse range of prices. I found several priced between $100K and $150K. there was a townhouse priced at $116,500 and several single family homes
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05/30/2009
In the current economic crunch many homeowners are are struggling to make their mortgage paments and may be in danger of losing their home. Still other homeowners find that they now have "negative equity" in their home,which means that their home is worth less than the outstanding balance on the
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05/28/2009
Lawrence Yun, the chief economist for the National Association of Realtors spoke before thousands of realtors at the REALTORS® Midyear Legislative Meetings in Washington, D.C., on May 14, 2009.Yun noted that the median national home price in May of 2009 was about $169,000, down almost 14 percent
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05/28/2009
In order to keep your home at its peak value regular maintainence is important. In today's competitive market, buyers are becoming more picky about small problems and may well walk away from a house that is less than pristine. As a homeowner you may well save yourself from problems surrounding
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05/20/2009
One time I had a customer tell me that he wanted to know what house was the best buy in town so that he and his wife could buy it. Of course that is not a question that I could answer easily because there are too many variables. We did find a house that was a really good buy and the buyers had
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05/03/2009
I always heard that if something sounds too good to be true, it probably is. In the case of the new program for senior citizens called Reverse Mortgage for purchase, it sounds too good to be true, but it really is true and also is a great deal. This is a new program being offered to seniors age
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05/03/2009
NAR has been propsosing legisilation to congress that would help regulate the mortgage industry. The goal is to strike a good balance between protecting consumers from unscrupulous lenders while maintaining reasonable access to mortgage capital for qualified buyers. I'm sure many other realtors
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05/03/2009
