Jennifer Young Homes BLOG

Here is some mortgage rate news that is catching a lot of people by surprise – mortgage rates have dropped below the 5 percent level. Now the mortgage companies, and the entire real estate industry, are waiting to see if these historically low mortgage rates will convert into more people buying h...

Homeowner owes more than his home is worth, and since it is an FHA loan, this short sale took a little longer than others to get approved. This homewoner needed to avoid foreclosure on his home on Colonial Avenue in Sterling, VA. Chase has agreed to do a short sale with proceeds paid out to HUD, ...

Investor Alert! Here is an Indymac foreclosure that we just put on the market for 116K last night. We already have cash offers and I think it will take 120-125K to get the property. It has some nice updates-kitchen, roof, etc.. but has a small area of mold in the basement and the bathroom has to ...

After months of criticism that it hasn't done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home loans. The effort would allow people who owe more on their mortgages than their properties are worth get new l...

After months of criticism that it hasn't done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home loans. The effort would allow people who owe more on their mortgages than their properties are worth get new l...

After months of criticism that it hasn't done enough to prevent foreclosures, the Obama administration is announcing a plan to reduce the amount some troubled borrowers owe on their home loans. The effort would allow people who owe more on their mortgages than their properties are worth get new l...

Bank of America Short Sale Approval for Manassas, Virginia home. Home owner is upside down but will walk away from mortgage owing nothing to her lender! Call Jennifer Young today if you need help anywhere in Virginia…703-400-6757. Jennifer Young Homes closes, on average, 4-5 short sales per month!

Home owner is upside down by $125,000 and will walk away from mortgage owing nothing to their lender! Call Jennifer Young today if you need help anywhere in Virginia…703-400-6757.  

The Federal Housing Administration, which is supporting the housing market by insuring thousands of new mortgages every day, is expected to announce on Wednesday that it is tightening standards. Borrowers who get an F.H.A.-insured loan will soon have to pay a higher initial insurance premium. The...

HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties WASHINGTON - In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretar...