Quick turnaround in Greenbrier
8/31/11
Frank Ferrari to Stefan Young, 1650 Garden Court, $178,000, Albemarle
Redus VA Housing LLC to Margaret Costa, 1533 Wickham Pond Road, $415,000, Albemarle
AG Green LLC to Richard Lehne, 111 Loma Lane, $125,000, Albemarle
James & Jean Doran to Peter Edmunds, 709 Exton Court, $189,000, Albemarle
Catherine Garth to Veronica Deighan, 825 St. Clair Avenue, $172,500, Charlottesville
Sunningdale Ventures, Inc. to Noah Goodall & Trish Edington, 2732 McElroy Drive, $215,000, Charlottesville
Dickerson Homes & Development LLC to James Cox & John Little, 902 Rockland Avenue, $290,560, Charlottesville
Deutsche Bank National Trust Co. to John Wegner, 978 Rock Creek Road, $55,000, Charlottesville
James Pierce to Catherine Darden, 1638 Meridian Street, $148,000, Charlottesville
Virginia Cassidy to Robert & Florence Lockman, 1280 River Chase Lane, $380,000, Albemarle
Belvedere Station Land Trust to Mason & Jennifer Brugh, 712 Belvedere Boulevard, $546,551, Albemarle
Regions Bank to Dickerson Home & Development LLC, TM 90-7, 0.175 acres & TM 90-9, 0.168 acres, $150,000, Albemarle
John & Roxie Clark to Gwendolyn Hall, 805 Stonehenge Avenue, $150,000, Charlottesville
9/1/11
Airport Office Center LLC to ATNA Too LLC, TM 32-48A, 0.868 acres, $550,000, Albemarle
Ronald Viejo & Stephen Cadogan to Josyf Mychaeleckyj, 734 Merion Green, $177,500, Albemarle
Old Trail B-4 LLC to Steven & Robin Keller, 1064 Killdeer Lane, $256,925, Albemarle
Howard & Erica Wieland to Martin & Melinda Carney, 2021 Via Florence Road, $430,000, Albemarle
Stephen & Victoria Callison to Eric & Kelley Johnson, 3365 Camden Court, $440,000, Albemarle
Carlos & Maria Landazuri to Susan Gibbons, 3689 Presidents Road, $120,100, Albemarle (foreclosure)
John Higgins to Emily Wilson, 1314 Chesapeake Street, $157,500, Charlottesville
Richard Shrum to Jonathan & Andrea Earnhardt, 1711 Kenwood Lane, $525,000, Charlottesville
9/2/11
Ragged Mountain Partners LLC to Joshua & Jennifer Deibert, 1007 Taylor's Gap Road, $199,000, Albemarle
Sandy & Loma Lambert to Michael Riddle & Mary Jablonski, 1174 Courtyard Drive, $360,000, Albemarle
Octopus Property LLC to Joe Mychalecky, 725 Walker Square, Unit 1A, $139,900, Charlottesville
Octopus Property LLC to Mary Jean Thiele, 750 Walker Square, Unit 1B, $139,900, Charlottesville
Patrick Lerner to James & Meghon Ross, 1627 Mulberry Avenue, $193,100, Charlottesville
9/6/11
NVR Inc. to Andrew & Julie Livaccari, 142 Pioneer Lane, $202,265, Albemarle
Colin & Heather Chapell to Patrick Bridges & Mary Beth Soulia, 4801 Mechums River Road, $181,000, Albemarle
Christopher Thomas to David & Elizabeth Forney, 840 King William Drive, $425,000, Albemarle
Deutsche Bank National Trust Company to Evelyn Marshall, 3894 Bungletown Road, $67,839, Albemarle
Christopher & Cheryl Lonergan to Neil Morandi, 1381 Westerham Street, $848,000, Albemarle
Anel Seferto to Virginia Housing Development Authority, 1356 Villa Way, Unit F, $150,212, Albemarle
Ivan & Dorothy Narodny to Elizabeth Langhorne, 1305 Wertland Street, Unit B1, $110,000, Charlottesville
9/7/11
Donna Sheeran to Susan Gushue, 5120 Rutherford Road, $726,000, Albemarle
William & Rebecca Linkous to John & Jane Rike, 2573 Red Hill Heights, $175,000, Albemarle
John Saury to Adam Shoup, 3585 Hungrytown Road, $158,000, Albemarle
VATN LLC to Stephanie Dudley, 4611 Presidents Road, $142,000, Albemarle
Vincent & Frank Oliveri to Rob Campbell, 602 McIntire Road, $192,500, Charlottesville
Michael & Melanie Britt to Mark & Mary Evans, 2133 Tarleton Drive, $252,000, Charlottesville.
9/8/11
Belvedere Station Land Trust to Jonathan & Kindel Hooker, 730 Cole Street, $377,520, Albemarle
Southland Homes Inc. to Jin Choe, 2540 North Berkshire Road, $195,000, Albemarle
Lewis Nash to Bank of New York Mellon, 7872 Old Green Mountain Road, $84,600 (foreclosure)
Federal National Mortgage Association to FM611 LTD, 1913 Browns Gap Turnpike, $14,586, Albemarle
Anina Macchia to Katherine Younger & Matthew Monson, 1116 E Jefferson, $306,000, Charlottesville
7 comments
Foreclosures are up in the City. I think we're still going to see downward pressure on prices.
This rend is nothing new, hold on to your britches, its a gonna get bad.
I purchased a foreclosure last year. 55,000 below what previous owner paid. Was appraised at 20,000 above purchase price. Neighbors house just sold for 5000 LESS than I paid last year and their house was in much better condition than mine was. In a years time i am already in the hole. And its does look at this point it will get worse. I gambled and lost.
Short sell is the way to go, helps the bank avoid the problems of foreclosure and bails out the buyer by selling the house at market value.
Kind of ironic that borrowing on a house based on market value (false equity) got us into this mess and now short selling is an answer.
There are no shortages of houses out there that seem to be about 30% overpriced.
I'm with you Ice Dogg...unfortunately.
How did home equity ever become based on market value? It was supposed to be based on how much of the loan ballance a buyer has paid off.