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    Archive for the 'Short Sales & Foreclosures' Category

    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.

    Three Consequences Of A Short Sale

    Categories: Short Sales & Foreclosures Posted on October 21st, 2009

    What Is A Short Sale???  A short sale is when a bank agrees to accept less than what is owed on a property. Are There Any Consequences?  Yes.   Here are a few potential consequences... 1.  Your Credit Will Be Damaged.   The question of how bad will depend on how it is reported...

    Written by Jon Bunn Please leave a comment.

    You Can Afford A Lemon

    Categories: Buyers, Short Sales & Foreclosures Posted on March 5th, 2009

    There is nothing that sends a buyer running quicker than a property that needs loads of repairs... The average buyer can handle carpet and paint issues but add a little mold or major dry wall repair and this home is going to have some lonely days.    If your concern is beyond the work involved...

    Written by Jon Bunn 6 Comments »

    What It Takes To Win A Foreclosure…

    Categories: Short Sales & Foreclosures Posted on February 27th, 2009

    You stayed up late...  Saw an infomercial on how someone bought a foreclosure for $300 and they now live in a McMansion. You read in the Washington Post that foreclosures are increasing so you know that banks must be willing to give homes away to people like you with good credit. You...

    Written by Jon Bunn 4 Comments »

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