201312.20
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Lawyer Stereotypes

Whether it was Perry Mason, LA LAW, or an actual relationship with an attorney, most of us have stereotypes of attorneys.  Not only attorneys in general, but the way you think of an F. Lee Baily or Johnny Cochran type litigator is probably not the same way you feel about a Tax Attorney.   When you…

201311.07
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Divorce + Upside Down Residence = Potential for Disaster

Please click this link and check out an article I was invited to co-author with one of our firm’s realtor friends, Dennis Blackmore:   http://dennisblackmore.com/2013/11/07/divorce-short-sale/ Complications of Divorce under Virginia law can make real estate transactions more difficult.   The article addresses some of the most common pitfalls in completing short sales in Virginia while also dealing…

201310.09
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More Good News / Bad News

The Good News on this rainy day 3 of a moderate Noreaster in Tidewater, Virginia, is that foreclosures and “shadow inventory” continue to decline.    The meteorologists tell us we have a couple more days of winds and much needed rain off the Atlantic Ocean.  Likewise, the economists predict that our financial storm is not over…

201309.25
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Choosing an Agent to List your Under Water Property

When interviewing agents to list and sell your Short Sale, i.e., your real estate which is currently worth less than the total owed on the mortgage, there are many factors to consider.   Personality compatibility, motivation level, persuasiveness, compassion, are all factors in selecting a “partner” to help you succeed in the business of selling your…

201208.07
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Short Sales Continue to Increase in 2012

The Hampton Roads housing market is seeing some initial signs of improvement, according to Zillow’s Chief Economist, Stan Humphries (http://www.sfgate.com/business/bloomberg/article/U-S-Home-Values-Post-First-Increase-Since-2007-3731799.php). However, the improvement is quite limited, and the economic conditions that forced so many families into foreclosure or short sale are still present. While the housing market is expected to improve about 1% over the…