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    Archive for the 'Short Sales & Foreclosures' Category

    What Is An Arms Length Transaction?

    Categories: Short Sales & Foreclosures Posted on May 13th, 2010

    When selling short, the lender that is taking the loss has a vested interest in making sure that they are getting market value for the property.  One of the pre-cautions most of them put in place is making sure that the contract is within "Arms Length."   To ensure this, most...

    Written by Jon Bunn Please leave a comment.

    Bank Of America’s New Short Sale Program

    Categories: Short Sales & Foreclosures Posted on April 13th, 2010

    Bank Of America has been know for having one of the slowest short sale processes in the market.  I completed one that took around 7 months.  I have heard of others taking much longer.  This did not get any easier when BOA  inherited Countrywide. Nevertheless, they are now leading the way with how they...

    Written by Jon Bunn Please leave a comment.

    Sorry For The Promo

    Categories: Short Sales & Foreclosures Posted on April 2nd, 2010

    If you cannot tell, I have two sites... The other one is called Dulles Short Sales.  This is a newer site so I apologize for the promotion but the little guy could use some help.  Here is my first video for it.  Let me know what you think. [youtube]http://www.youtube.com/watch?v=LE1HklWeVz0[/youtube]

    Written by Jon Bunn Please leave a comment.

    Short Sale Certification And Designation

    Categories: Short Sales & Foreclosures Posted on March 29th, 2010

    Would you trust a doctor without an education?  How about one with no experience? Nevertheless, many real estate agents claim to be short sale specialists…  Some have sold short sales with no training.  Others have training with no experience.  However, when you work with me you are working with a agent...

    Written by Jon Bunn Please leave a comment.

    Loudoun County Short Sale Stats

    Categories: Short Sales & Foreclosures Posted on March 23rd, 2010

    I knew there were a lot of short sales on the market.  I also knew that there were more under contract than currently for sale.  However, when I decided to pull these stats, I was astonished by the amount of homes under contract currently in our market waiting for their...

    Written by Jon Bunn Please leave a comment.

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