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…

201206.12
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Think Outside The Box!

“Thus, as counter-intuitive as it may seem, the high share of underwater homes is helping the market by at least keeping the supply of homes for sale low.” In an article in Core Logic today entitled : “The positives of Negative Equity”, ( http://www.dsnews.com/articles/positives-of-negative-equity-on-home-prices-corelogic-2012-06-11), the author draws several conclusions which are worth your consideration! Locally,…

201206.02
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Too Many Words?

If you’ve been reading blogs and articles on how to save your house from foreclosure and you are overwhelmed by it all, you are not alone – Like Mat Kearney’s song about having your back to the wall and getting that bank notice, the situation can seem dark. The answers can be hard. As loan…