Tagged : settlement group 
There are currently 2 blog entries matching this tag.
What the Heck is a Short Sale in Northern Virginia@##!!
Tuesday, October 9th, 2007 at 3:13pm. 7522 Views, 10 Comments.
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?

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…
Alert! Arlington VA Closing Costs Going Up...Again!#@!#!! HB 3202
Tuesday, June 5th, 2007 at 2:36pm. 5394 Views, 2 Comments.
House Bill 3202 to Increase Arlington VA Grantor's Tax
Just received notice of a serious hike in real estate closing costs around the corner depending on when Arlington County decides to enforce the recent passage of House Bill 3202. This bill permits NVTA (northern virginia transportational authority) to impose a "regional congestion relief fee" of .40 per $100 of sales price to the grantor's tax that is paid by sellers at the closing table. This essentially increases the grantor's tax about 500%. That's not cool at all
Real Estate Closing Costs for Arlington VA
Currently a seller would pay a $500 grantor's tax when selling a $500,000 home. Well thanks to the Virginia General Assembly that will soon cost Sally Homebuyer $2500. That's an…
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