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Archive for the 'Short Sales & Foreclosures' Category

What Is A Short Sale?

Categories: Short Sales & Foreclosures Posted on January 27th, 2010

I have written multiple articles on short sales over the past couple of years.  However, I have never written one with an answer to basic question that many people are still asking.... "What Is A Short Sale?" Please forgive my delay.  We can now testify that assumption is foolish...  For that reason,...

Written by Jon Bunn Please leave a comment.

Why Most Homes Will Never Go To Foreclosure

Categories: Market Statistics, Short Sales & Foreclosures Posted on January 18th, 2010

People want to purchase foreclosures.   The reason is simply because they believe they will get a great deal compared to buying a regular sale or having to wait for a short sale. The media leads people to believe that there are a lot of foreclosures available on the market due to the...

Written by Jon Bunn Please leave a comment.

Foreclosure Negotiation. Your Highest And Best Offer

Categories: Short Sales & Foreclosures Posted on January 11th, 2010

A banks way of cutting to the chase on what buyers are willing to pay is asking for their "Highest And Best Offer"  to be submitted.  The bank typically will do this after they have received more than one offer on a property or they at least want you to believe...

Written by Jon Bunn Please leave a comment.

Ashburn’s 3 Million Dollar Foreclosure Sale

Categories: Ashburn, Belmont Country Club, Short Sales & Foreclosures Posted on December 30th, 2009

If you have driven down Belmont Ridge Road with your eyes open, you have seen Osama El-Atari's former home on the corner of Belmont Station Drive. This multi million dollar home has been vacant for the last few months since El Atari supposedly fled the country this past spring. El-Atari...

Written by Jon Bunn Please leave a comment.

Very Funny Foreclosure Video

Categories: For Fun, Short Sales & Foreclosures Posted on October 30th, 2009

This is the best satire I have ever seen regarding the foreclosure real estate market and how they are handled. [youtube]SM7oWKgCVo4[/youtube] Though there are very few foreclosures in our local market, there are still a lot of great deals available.  Contact me for a list of distressed properties!

Written by Jon Bunn Please leave a comment.

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