October 2007

There are 1 blog entries for October 2007.

What the Heck is a Short Sale in Northern Virginia?

"What the heck is a short sale?" is a question many buyers, sellers, lenders and REALTORS are trying to figure out these days.  It's the wild, wild west of northern virginia real estate or Arlington real estate where any party can just throw up a listing calling it a "short sale" and then make up the rules from there.   I was involved with 3 short sale situations today with different clients.  So what is the difference between a regular sale and a short sale?
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As of writing this article there are 17 short sales going on in Arlington VA real estate:  short sales in arlington. This is out of 980 listings.So they represent a small portion of the Arlington Virginia real estate listings.  It is…
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