Homes For Sale in Maryland
Real Estate in MD, DC, and VA
Thank you for taking the time to visit our blog. We specialize in assisting buyers and sellers all over the state of Maryland, DC and Northern Virginia
ARCHIVED BLOG POSTS
2010
The differences of Conventional and FHA type loans for Short Sales "FHA: If the homeowner does not occupy the property, no short sale will be approved.!”Question: What are the differences between a Conventional and an FHA loan short sale process? Answer: FHA is definitely the best one of both. ....
03/22/2010
I'm defaulting on my Wachovia Mortgage Loan. . can you help me? "Wachovia Bank Loan Modifications and short sales!”Question: My loan is with Wachovia and I can no longer pay my mortgage payments. . Have you worked with Wachovia before? Answer: Yes and they are one of the few banks that have adj...
03/22/2010
Is it getting more difficult each month to make your mortgage payments? "Don't just take it. . . ask for help!”Question: It's getting more difficult each month to make our mortgage payments, what are our options ? Answer: You first option is definitely to call the bank if you feel that you are i...
03/22/2010
My House is Underwater in PG County Maryland- How do I Refinance? "It's time to fight. . .your home is on the line”Question: Fernando, my house is underwater and we can't refinance. . what are our options when our house in underwater? Answer: You first option is to call the bank if you feel that...
03/22/2010
0
Comments
Help For Upside Down Homes. . . "It's not your fault!”Question: Fernando, we are $150,000 upside down on our home loan because of a negative amortization loan I have never been late. I can now only afford the minimum payment barely on our Option Arm.. . The bank has told me over and over again...
03/22/2010
2
Comments
Some MISCONCEPTIONS About Short Sales "Short Sales 101”Will the lender accept a loss $100,000 net on a $200,000 loan? Yes and No. It depends in several factors. I have completed a short sale with the original loan being a little over $900K and the lender accepted $600K But, I have also had one r...
03/20/2010
The right to short sale is not an entitlement! "The right to short sale is not an entitlement!”There is no automatic right to short sale A lot of homeowners have the wrong impression. . doing a short sale is a right or an entitlement that has been fueled by Government assistance to the banks. B...
03/20/2010
FORECLOSURE LISTINGS FOR ROCKVILLE MARYLAND . . FREE LIST ! How to Get the Best Foreclosed Property in ROCKVILLE MD? . .INCLUDING CONDOS Owning a good quality property in any part of Maryland is a pride possession for any buyer. You do not have to pay a high price for owning your desirable prop...
03/18/2010
FORECLOSURE LISTINGS FOR SILVER SPRING MARYLAND . . FREE LIST ! How to Get the Best Foreclosed Property in Silver Spring MD? Owning a good quality property in any part of Maryland is a pride possession for any buyer. You do not have to pay a high price for owning your desirable property in Sil...
03/18/2010
Short Sales Maryland: Fernando: I heard once the foreclosure is set for a property, there is nothing anyone can do to stop it. Is it too late for a short sale after a foreclosure date is set?David~ Dear David: No one can tell you what banks will do as far as stopping the foreclosure date. Al...
03/16/2010
Ambassador
2,223,212
2,223,212
Fernando Herboso - Associate Broker MD, & VA
301-246-0001 Serving Maryland, DC and Northern VA
