Posts Tagged ‘traci rochon’

First Time & Distressed Property Home Buyers

Friday, December 18th, 2009

What are first time buyers doing?

The tax credit extension and expansion in November has fueled new discussion about home buyers and the housing market in 2010. Here’s a look at first-time buyers in 2009.

 

  • The median age is 28, significantly down from where it was in 2005 at 32.
  • Location or Neighborhood was the No. 1 “must-have” for 36% of buyers.
  • 2 out of 3 sellers paid at least part of the buyer’s closing costs.
  • 76% used their own savings for the down payment.  
  • 1 in 4 had help from their family for the down payment.

As elevated levels of distressed properties are expected to continue for the next few years, here is a glimpse of buying a distressed property:

  • 27% of foreclosures* were purchased by investors.
  • 47% of  distressed* properties were purchased by first-time buyers.
  • 89% of those first time buyers that purchased a distressed property were motivated by the $8,000 tax credit.
  • 7 in 10 agents have seen an increase in multiple offers
  • Approximately 3 out of 5 agents discuss the differences between buying distressed and traditional properties at the buyer consultation.
          * Distressed – Short Sale and REO, Foreclosure – REO Only

SPECIAL EDITION: The Updated 2009 Homebuyer Tax Credit

Monday, December 7th, 2009

This Month in Real Estate

Friday, October 30th, 2009

Alexandria, Va short sales

Saturday, August 22nd, 2009

Dan and Traci Rochon, are Alexandria, Va Short Sale Specialists who assist people seeking alternatives to foreclosure.

What Makes Dan and Traci A Top Real Estate Short Sale Team In Alexandria, Va?

1. We have a complete, professional team.
2. We are diligent.                                                                                                                                                3. We do what we say by when we say that we will do it.
4. We are experienced short sale negotiators.

top washington dc realtorDan and Traci, are Licensed REALTORs® in Virginia that help people that are upside down on their mortgage, have a valid financial hardship, and/or need to sell their home to avoid foreclosure.  They do this by what is called a Short Sale.  They love helping other people and assisting them in exploring the option of a Short Sale instead of Foreclosure or Bankruptcy.

Dan and Traci More Information
Keller Williams Realty
6354 Walker Lane #100
Alexandria, VA 22310
Washington DC Metro
703-346-2776
View My Web Site
www.GreetingsVirginia.com
More On Short Sales
www.NoEquityRealEstate.com

Dan and Traci Rochon

You’re Not Just Getting A Realtor, You’re Getting Connections
Dan and Traci have a vast network that they share with clients.  Whether it be contractors such as carpet installers or painters or real estate professionals such as attorneys or lenders, they has close relationships with hand picked professionals.

Dan is a real estate investor and works with the investors of Dan and Traci & Consultants to assist them in achieving their objectives.

About Dan and Traci’s Top Short Sale Services
Alexandria Virginia, Arlington Virginia, Northern Virginia, Maryland and Washington DC Short Sales

When a homeowner owes more on a property than it is currently worth, he or she may wish to consider a Short Sale.  If the homeowner can demonstrate a valid financial hardship which prevents him or her from paying their mortgage and if they owe more than the property is worth, Short Sale may be your alternative to a foreclosure.

Best DC RealtorWhat is a Short Sale?
A short sale is when a lender allows a property to be sold for less than the amount owed on the mortgage. In many cases, a lender would prefer to get what money they can on a house now rather than delay it for the future. Additionally, if they don’t allow the Short Sale, they could end up foreclosing on the property and then have to resell it themselves. Banks are in the business of making money off of loans, not owning real estate. Banks do not want to own real estate because it shows up on their books as a liability instead of as an asset.  A bank does not want to foreclose on a property.

What does a Short Sale mean for a Seller?
A big difference between a short sale and a foreclosure is that in nearly every foreclosure the bank pursues the homeowner for the deficiency.  The initial reaction to this problem is to file bankruptcy.  A Short Sale may have some negative effects, but far less than a foreclosure or bankruptcy.  Each bank has a different policy for dealing with short sales; the best case scenario is for the bank to forgive the deficiency.

To increase the odds of a successful transaction, the seller should use a team of professionals who are experienced with Short Sales to negotiate on their behalf.  Dan and Traci are Top Real Estate Team In the Alexandria, Va Area.  A bank will only consider a short sale when they have a written offer from a willing, able buyer to purchase the property, so the first step in this process is to find a buyer for the home.  You do not have to be behind in your mortgage payments to request a short sale; you do have to prove that your home can not be sold for what you owe.

Dan and Traci have a full team to market, sell, and negotiate your short sale with the banks on your behalf. If you would like to see if we can help you with your situation, call 703-562-1791 or email dan@noequityrealestate.com for a free private consultation with our short sale specialist.

Dan and Traci are Certified Distressed Property Experts (CDPE).  This certification is an exclusive designation earned by professionals skilled at foreclosure prevention strategies and exhaust all resources to avoid foreclosure

Dan Rochon is licensed in VA, AZ; Traci Rochon is licensed in VA, MD, DC

Relocation to Northern Virginia

Saturday, March 28th, 2009

When you relocate to Northern Virginia, you will fall in love with many of the local stunning attractions, a place to call home. 

Northern Virginia’s central location is conveniently located near many attractions.  Many of the local sites to enjoy are; Arlington, Crystal City, Alexandria and Old Town Alexandria.  Not to mention being less than an hour away from the many attractions in Washington, D.C.  With the many lovely places to live that attract many residents to Northern Virginia, it’s definitely a place to call home.

Please contact us on your next visit, we’ll help introduce you to the area as well as assist you in your home hunting.  We have a team of realtors that will suit your every need.  Whether you’re looking for a home or an investment property, we have an expert in every area.  Many of us are also natives of Northern Virginia.  We look forward to giving you the grand tour of the many attractions of Northern Virginia.

 

 

OUR CORE VALUES:To always…
    …Live by the “Get By Giving” philosophy
    …Make my client’s # 1 goal, my # 1 goal
    …Work toward a common good
    …Do what I say I will do by when I say that I will do it

Dan and Traci & Consultants

 

 

Keller Williams Realty
6354 Walker Lane, suite 100
Alexandria, VA 22310
Licensed in Virginia, Maryland & D.C.Direct 703-597-7875
Fax 703-564-9815
Office 703-562-1757

 

 

www.greetingsvirginia.com