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Washington DC Foreclosure

The problems with buying a Short Sale or Foreclosure

Most people who hear "short sale" or "foreclosure" automatically start thinking of fantastic real estate bargains. While...
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ABA states concerns over Obama's mortgage relief program

President Obamadid use the State of the Union to outline his administration's proposal to provide homeowners with privately held mortgages not...
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Re-election problem for Obama: Real world experience needed in foreclosure fix

Republicans and Democrats are both parties with similar issues in lacking real world experience to bring feasible policy solutions to fix the...
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Recent Northern Virginia and DC market statistics

The latest statistics are out for the Northern Virginia and DC real estate market, and things are looking up! The average sold price in DC is up 3...
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It's a crime: Banks flood real estate market with bogus priced homes

By York Van Nixon IIIAfter a fall in the number of distressed properties being marketed in Washington, DC and nationwide, banks have ramped up...
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The ABCs of stopping bill collectors

By York Van Nixon IIITimes are tough – even if you are lucky enough to have a job. After eight years of supply-side economics under George W....
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Bailout for Underwater Mortgage Borrowers Is Illegal and Will Backfire

Economist Mark Calabria says Obama’s new $7.4 billion plan to let underwater mortgage borrowers refinance at investors’ expense is...
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Strategic Mortgage Default: an alternative

By York Van Nixon IIIEvery decade has words or phrases which engender memories of a bygone era. If one says “Peace and Love,” you may...
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Short sale, foreclosure or regular sale?

In the last month I've dealt with buyers who are considering short sales, foreclosures and regular sales. Each type of sale has its advantages...
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Obama’s Big Mistake: The American Dream

By York Van Nixon IIIWashington, DC is the body politic of the United States. Those living in the shadows of Congress hear the loud dialectic of...
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