About Radford City County, VA

Northern Virginia Short Sale Quiz: Question #8

Working with Northern Virginia Short Sales since 2007, I have certainly learned more from the Short Sales I've closed than I could ever hope to learn in a Short Sale designation class. Experience is a phenomenal teacher. The problem with classes is that they often perpetuate misunderstandings of what REALLY happens in a Short Sale. That's why I developed this series of questions....to find a new way to get some of the urban legends in the Short Sale world out of the heads of buyers, sellers and real estate agents.

If you've missed any of the previous questions, you can start backtracking by hitting question #7. Form there, you'll find links to the other previous questions. Right now, let's dive into question #8.

In order to be approved for a Short Sale, home owners must miss mortgage payments.

TRUE or FALSE?

The answer will be in the comments section tomorrow, so check back.

And if you are ready for Northern Virginia Short Sale Quiz: Question #9, click the link and head on over.

Radford University's been under fire a bit, and Michael Hemphill provided a response in today's Roanoke Times Editorial section.

There are three sides to every story - the truth, the lie, and the in-between - but I still contend that Radford's a university on the move; and that can only be good for the rest of the City.

Bullseye.

Mentioned this a few weeks ago ...

Radford University is a school on the move.

I think these are steps in the right direction. For years, Radford's been a university that was just there - little growth, no real focus or direction into what the vision for the university is. It appears they've solved that problem. And the City of Radford will benefit from that direction - I can't find studies to support this, but my experience - limited as it may be - is that communities that are home to four-year and graduate institutions rank higher in terms of quality of life and economic resources, infrastructure, and the like.

Any Radford residents care to chime in on this?

Well, they're on their way, at least.

At last night's Town Council meeting, Radford got two pieces of business right ... they passed - unanimously, I might add - a rezoning for Tyler Place, a five-story mixed use development with a five-story garage. They also voted - again unanimously - to begin inspecting rental housing in two areas of the city.

Can't We All Just Get Along

Why is unanimous important? Because it's nice to see a Town Council actually agree on something that's good for the citizens they serve. Tyler Place has the opportunity to provide locals, as well as the university population, a space that's unique to our region - let's hope they don't change their minds midstream like Blacksburg and end up with several lawsuits on their hands.

Additionally, there's a need throughout the Valley - including here in Blacksburg - for landlords to take care of the properties that they own. This pilot program is a way for the City of Radford to monitor and enforce zoning that might have otherwise been overlooked. There are some real dumps in the rental inventory right now ... this is a good call on Council's part.

Dear Rental Inspector

If you wouldn't mind, please give me fair warning before visiting the 300 block of Clement Street. My tenants have been leaving a ton of garbage outside the door, I'd sure hate to get cited for their filth.