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Haymarket Real Estate Blog

Haymarket, Bristow, Gainesville real estate news
Short Sales and Preforeclosures

This seems to have been my week to work with desperate families that are looking to short sales and preforeclosures as a means of getting out from under debt that has become unmanageable.  I'm happy to do what I can to help, but there is a lot of outright bad information, misinformation, and confusing information floating around. In an attempt to better understand the various options, I have spent a great deal of time asking questions of some of the more experienced real estate attorneys in the Northern Virginia area.  As a result of those conversations, I have concluded that in general the best advice that I can give a family is to consult with a qualified bankruptcy attorney before finalizing any decisions.  One of the groups that I work with has furnished me with a series of check lists and questionnaires that when fully completed will lay out the total financial picture and generally will save time and money when meeting with an attorney. I would be happy to share them with you.   If you know someone who could benefit from some good, honest advice, please have them get in touch with me.  I do not charge for initial consultations, and my preference would be to work with clients who would rather keep their home than to work with clients who are simply looking for a "fast fix".  These are trying times for way to many families.  The real estate industry has been good to me over the years and I feel a responsibility to try and give back.

Adam Davis, SearchHaymarket.com, AdamD@SearchHaymarket.com, 571-209-1029

Posted: Saturday, November 10, 2007 10:04 PM by Adam Davis

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