Many economists are calling the beginning of the end of the recession, but that's cold comfort for the millions of Virginia homeowners who collectively have seen billions in home equity evaporate over the past few years. You don't want to see your home's value go down any more, and neither does the Virginia Homeowners Alliance.
Make your short sale shine Short sales, where the lender agrees to take less than amount due to them, have tended to sell for less than similar homes in the area. One reason for this is that short-sale listings usually don't look as good as the competition. Another reason is that short sales require lender approval.
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Tips for avoiding surprise defects A homebuyer in the hills above Oakland, Calif., recently closed on a home that matched her wish list almost perfectly, which is as good as it gets. Before closing, the new home was inspected and no major defects were discovered.
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