Some of the pitfalls that clients and homeowners would have while negotiating for a short sale in Georgetown, DC are maintaining the utilities especially when a closing has been extended out a few weeks and utilities have been planned on being switched over to the new homeowner. A delay sometimes becomes inevitable and these delays can become costly to everyone involved in the short sale process. Appraisers are tasked to go back to the property a second or even third time and sometimes even a day before closing.
If the appraiser goes out to the property being sold on short sale in Georgetown, DC and finds out that utilities are no longer on then this can be another extra 3 days coordinating with utility companies and will cause for the appraiser to go back the third or fourth time.
What this can do is push everybody up against the wall because the seller's lender has an approval deadline and everybody has to make that deadline work.
The best you can do is make sure that utilities are on at all times up to a day or 2 after closing.
So if you have a specific situations and are considering a short sale for your property in Georgetown, DC please call 855-835-5473 or email direct at dan@greetingsvirginia.com. Our team of short sale experts in Georgetown, DC will contact you shortly and will help you stop foreclosure.
Groveton Heights is located in Alexandria, Virginia.
Places located here include:
Shopping Centers located here include:
Parks in Groveton include:
Nearby Neighborhoods include:
Find your favorite homes at best prices with GreetingsVirginia.
I have met many successful real estate agents and I often ask them, “What are you doing in your business that works? What have you done in the past that has not worked?” It amazes me that the successful agents answer these questions with similar thoughts. These are the top 5 traits that I have compiled:
1. Emulate Models. When seeking ideas for marketing, prospecting, lead conversion, management or other areas of real estate sales business, the successful agents first look to find others success in the area that they are focusing on. Let’s face it, there are no new ideas, so if you cannot find a model for your idea, it is probably a bad one. If you do find a model, and if you emulate it, odds are you will receive the same success.
2. Focus on Markets of the Moment. Real estate is a constant evolving business. The successful focus on upcoming trends and stay in front of them now. Those that positioned themselves a couple of years ago to succeed at selling short sales and REOs are enjoying some of the most profitable years of their careers. My team has focused on selling Arlington, VA short sales and Arlington, VA foreclosures. By being specific in our niche and focusing on where the business is, we have been able to enjoy a successful sales business.
3. Network. Network. Network. There are 2 primary ways to generate business. You can either prospect or you can market. Prospecting takes a large amount of time and little money and marketing can take a lot of money and little time. So in the absence of money, the successful focus on prospecting through networking and meeting as many people as possible. The best way to effectively network is to give to others without expecting anything in return. If you can help others, they will help you, but remember that your return will be less than what is put forth. So be prepared to give a lot.
4. Get educated. The best understand that there are ALWAYS better. Successful real estate sales agents fully embrace learning and understand that their education is a journey.
5. Try. Try. Try again. If I could identify 1 characteristic that I believe is the quality that ALL successful agents share it is diligence. If you want to succeed, you will have to be persistent and understand that there is no failure – only opportunities to learn. Successful agents find that they “learn” more often than they succeed.
By far, these are not the only traits for success. I would love to hear about your accomplishments. What are you doing in your business that works? What have you done in the past that has not worked?
The Northern Virginia housing market is in a slow recovery.
Home sales prices in the second quarter have increased from the first.
Days on the market are almost half of what they were a year ago. In Fairfax county, VA homes have stayed on the market for an average of 58 days compared to 97 days a year ago.
Freddie Mac says that the 30 year fixed mortgage rate for June of 2010 was 4.74%
Seller and buyer expectations are getting closer to each other. Homes are selling at an average of 95.2% of sales price.
The average sales price of a home in the DC area is $398,445 (of course this is all homes in all areas)
Check out some of the latest homes for sale in Northern Virginia:
Fairfax, VA short sales for sale
Fairfax, VA bank owned homes for sale
Alexandria, VA short sales for sale
Alexandria, VA bank owned homes for sale
Arlington, VA short sales for sale
Arlington, VA bank owned homes for sale
Springfield, VA homes for sale
Springfield, VA short sales for sale
Springfield, VA bank owned homes for sale
*Data is derived from Metropolitan Regional Information Systems, Inc and deemed reliable, but not guaranteed.
According to the Washington Post, September 26, 2010 edition, completed short sales have tripled since 2008. They feature a community on Brewer Creek Place in Manassas, VA where Traci and I successfully sold a short sale last November. Like many communities in Northern Virginia, Maryland, and Washington DC short sales are becoming more and more relative. Particularly communities like that located at Brewer Creek Place that were built around 2005. As more people are pursuing the short sale option, the banks are becoming more likely to accept a short sale. Dan and Traci & Consultants with Keller Williams Realty are currently working with over 40 home owners to help them avoid foreclosure by completing a short sale and expect to be successful with most. As mentioned in the Washington Post article, there are numerous challenges to successfully completing a short sale. A top notch Realtor in Phoenix, AZ, Jay Thompson explains some of the challenges of a short sale in his blog. We have found that our keys to success are perseverance, dedication, and a team that NEVER gives up. We certainly believe that none on our team would be successful by ourselves and that it takes an entire team to be successful with completing a short sale. Yes, the work is hard. Yes, our compensation is often lower than in traditional sales. Yes, our costs are much greater than in traditional sales. But, the reward of helping homeowners avoid foreclosure is well worth it!! If you are upside down on your mortgage and need to sell, learn about the Top 5 Steps to Short Sale Your Home
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Dan is a Short Sale Specialist, Realtor, and Operating Principal at Keller Williams Realty, Co-Founder of www.GreetingsVirgina.com, and media consultant for struggling home owners in VA, MD, and DC
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