My fellow Realtors, a word of wisdom as taught by Mr. Brian Buffini, ...always put things in "Perspective".The recent sub-prime lender woes we are hearing need to be put in perspective.The present total mortgage market is roughly 9.9 trillion dollars and of that market only about 75 billion dolla
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11/27/2007
According to the Federal Reserve, banks have tightened their lending standards on mortgages due to the spreading mortgage crisis. This applies to traditional and non-traditional mortgages such as interest only loans and subprime mortgages.In a Fed survey conducted in early October, 40 of the 49 b
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11/23/2007
In an era where technology seems to take over personal interaction, some things are still best trusted to your reliable real estate agent. This includes getting the best price for your home. Having the correct selling price for your home, could make or break your deal. If you price it too low,
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11/23/2007
Oftentimes, it is recommended that buyers should have a professional home inspection done before buying a house. We don't often hear that sellers should also have their house inspected prior to selling. In a scenario where your house is really old or had been termite infested, it is advisable to
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11/23/2007
Shenandoah County, VA Residential Property Sold data for October 2007. New Listings Bedrooms Other Total Avg That SoldPrice Range: 2- 3 4+ Units Units DOM Residential Other 120,000 - 139,9990200219700140,000 - 159,9992301612800160,000 - 179,9991200326600180,000 - 199,9992210513700200,
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11/23/2007
Foreclosure rates continued to rise in most of the top 100 largest metropolitan areas of the country. The effects of foreclosure have spread beyond the delinquent borrower. The losses had a chain reaction from the defaulting borrower, to the lender and the investors. The foreclosure process co
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11/23/2007
The real estate industry was not at its best this year, but that doesn't mean everything is looking gloomy. Sometimes we tend to look more on the bad side of things even if there are so many things that we should be thankful for.If you're having a tough time right now, take a break. Count your
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11/23/2007
Moving can be stressful if you let it get to you. I watch people all the time get frustrated and stressed getting packed up and ready to move. Leaving your home, having to pack all you have accumulated, saying goodbye to good neighbors. All that can really wreak havoc on your nerves if you let
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11/19/2007
Doing Business in the State of VirginiaA lot of states have been getting some sort of bad publicity due to the rising mortgage woes. However, Virginia is one of the few states that continue to get good reviews. Recently, it was named by CNNMoney.com as one of the best states for starting a busi
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11/19/2007
Mortgage Advice - Do Your Homework!! Buying that first home is an exciting experience, but most first time buyers are so keen to buy their home that most of their efforts are concentrated in searching, inspecting and comparing the different homes available on the market. Very few would do that t
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11/19/2007
