Posts tagged: woodbridge va homes for sale

Christmas Comes Early for Woodbridge Homes and Buyers

Have you heard of the first-time homebuyer’s tax credit extension? Last month, President Obama signed the extension to help first-time homebuyers (who didn’t get their sales in by November 30th) buy a house that meets their needs. What about those who already own Woodbridge homes, are doing well and want a larger home? To those [...]

Foreclosure Alternatives: Bankruptcy

A bankruptcy may stop a foreclosure and allow a homeowner to reorganize his debt and keep his property. The reality however is that most of the time this is not the case and the bankruptcy only stalls the foreclosure.

Foreclosure Alternatives: Deed-in-Lieu of Foreclosure

A Deed-in Lieu (DIL) of Foreclosure is sometimes referred to as a “friendly foreclosure” since the homeowner essentially gives the Deed back to the bank. The bank agrees to take the Deed back in exchange for the property and the homeowner and back part ways with no further recourse.

Foreclosure Alternatives: Forbearance

Our second foreclosure alternative to look at is forbearance (or repayment plan). Think of forbearance as reinstatement on a payment plan rather than in one lump sum. Much like the reinstatement we looked at yesterday this is a good option for homeowners experiencing a temporary hardship and the homeowner will be required to pay their lender what they are owed.

Foreclosure Alternatives: Reinstatement

In my first of a series of posts on foreclosure avoidance options, we will look at the quickest way to “get back in the good graces” of your lender – reinstatement.

Foreclosure Alternatives: In Depth

In a previous post, I provided a list of alternatives to foreclosure with a brief description of what they are. In the coming days, I will provide a closer look at each of the alternatives. A wealth of foreclosure resources can also be found at www.NorthernVaShortSaleHelp.com.

Top 3 Real Estate Calculators for Buying Woodbridge Homes for Sale

To cut down on some of the frustration, save a few trees from the paper you’d use up and help give you a better guestimate, I’ve decided to go looking for the best real estate calculators I could find on the Net.