Foreclosure Response Team Coming to DC Area
The Fort Lauderdale-based Foreclosure Response Team is bringing its services to the DC area, the Washington Business Journal reports. The goal of the team, which currently has offices in Florida, Michigan and Georgia, is to help speed up the sale of residential and commercial properties facing foreclosure.
Started in May 2008, the team signs on affiliates in different parts of the U.S. to help with short sale transactions. Marc Cormier, an agent with McLean’s Re/Max Allegiance, will be in charge of the DC-area operations, and expects to have 300 to 500 agents join the team by the end of 2009.
From the WBJ:
“The Foreclosure Response Team’s expansion into the Washington D.C. region is part of the company’s aggressive plan to provide prime markets across the country with the professional resources necessary to help to homeowners avoid foreclosure through a Short Sale,” said Scott Coloney, president of the team.
After dropping off in May, foreclosures spiked in the DC area in June, but remained below where they were a year ago.
This article originally published at http://dc.urbanturf.com/articles/blog/foreclosure_response_team_coming_to_dc_area/1159
Join the discussion
UrbanTurf Listings showcases the DC metro area's best properties available for sale.
Most Popular... This Week • Last 30 Days • Ever
Last night, the ANC 2C Design Review Committee approved the concept and massing for... read »
Neighborhood Profiles more »
Friendship Heights: A Shopping Mecca With a Few Places to Live
Shilpi Paul
February 3rd | 1 Comment
If living in a city means enjoying a walkable neighborhood, having retail and public transportation... read »
- Friendship Heights: A Shopping Mecca With a Few Places to Live
- Bloomingdale: Where (Almost) Everyone Knows Your Name
- Downtown Falls Church: Staying the Same in the Midst of Change
- American University Park: One of DC’s Last Frontiers Before the Suburbs
- Cabin John: In With The New While Maintaining the Old
Editor's Choice more »
Rents Will Fall in the DC Area, But Not By That Much
Mark Wellborn
January 26th | 5 Comments
A strong apartment delivery schedule over the next few years will mean that rents will go down. But... read »
- Rents Will Fall in the DC Area, But Not By That Much
- Sleeping With Strangers: The Airbnb Primer
- Will DC’s Low Housing Inventory Mean Higher Home Prices?
- The Increase in DC Rents Is Slowing Down
- UrbanTurf’s Best of 2011
New Condo Profiles more »
EYA To Build Waterfront Luxury Condos in Old Town
Shilpi Paul
January 27th | 0 Comments
EYA CEO Bob Youngentob told UrbanTurf today that the firm will start construction on a 60-unit... read »
- EYA To Build Waterfront Luxury Condos in Old Town
- Preview: McGill Row
- Preview: The Newport Tower
- Preview: Harvard Row
- The Schafer: Mount Pleasant’s Mansion-to-Condo Conversion
The DC Condo Market more »
New Renderings for JBG’s Florida Ave. Project; Reatig Redesign
Shilpi Paul
February 3rd | 2 Comments
UrbanTurf has received the latest renderings for JBG's Florida Avenue project, as well as updates... read »
- New Renderings for JBG’s Florida Ave. Project; Reatig Redesign
- Valor’s Shaw Condo Project Gets Approval to Expand
- New 66-Unit Condo Project For Shaw?
- Residential Development Aplenty for 14th Street
- District Condos on 14th Street to Go Rental
Green Real Estate more »
Pepco Buys Award-Winning Solar Decathalon House
Shilpi Paul
January 30th | 2 Comments
WaterShed, the University of Maryland-designed home that took top honors at the 2011 Solar... read »
- Pepco Buys Award-Winning Solar Decathalon House
- Real Estate Foundation Greenprint Partners With ULI
- Best Green Effort of Year: The Electric Car Charging Station
- Cohousing: Not Communal Living, But Close
- U-Md. Designed-House Wins Top Honors at Solar Decathalon
Deal of the Week more »
Deal of the Week: Gone in a Blink of an Eye
UrbanTurf Staff
January 17th | 3 Comments
About a month ago, UrbanTurf featured a three-bedroom home on 13th Street as a Deal of the Week.... read »
- Deal of the Week: Gone in a Blink of an Eye
- Deal of the Week: An AU Park Bargain
- The Deal of the Year: The Beautiful Foreclosure
- Deal of the Week: One-Bedroom Bargain in Cleveland Park
- Deal of the Week: The U Street Corridor Fixer-Upper
Renting more »
The Increase in DC Rents Is Slowing Down
UrbanTurf Staff
January 3rd | 6 Comments
DC area rents are still on the rise, but not surging like they have done in years past, and that... read »
- The Increase in DC Rents Is Slowing Down
- Ride On: Renters Willing to Pay More for Metro Access
- Best Tool for Renters Looking to Walk to Work
- Yale West Apartments To Begin Leasing Next Week
- First Phase of Sheridan Station Completed
Market Watch more »
Market Watch: Logan Circle, Columbia Heights, Dupont Circle
Keith Gibbons
November 28th | 5 Comments
Housing Market Watch returns this week after a little hiatus as Keith Gibbons takes a closer look... read »
- Market Watch: Logan Circle, Columbia Heights, Dupont Circle
- Market Watch 22101: McLean and the CIA
- Market Watch: The Rough Housing Market of 20032
- Market Watch: Condo and Co-op Heavy in the Southwest Waterfront
- Market Watch: 20816, A Seller’s Market
Unique Spaces more »
The Gym, The Stables and The Firehouse
Mark Wellborn
September 22nd | 0 Comments
These days, it is not that uncommon for a former school or a church in the DC area to be put up for... read »
This Week's Find more »
A Co-op For a Chef in a Classic Wardman
Shilpi Paul
February 2nd | 1 Comment
Thanks to a few renovations, the owners of This Week's Find brought style, space and multiple... read »
UrbanTurf Reader Asks more »
$330 a Month in Rent in DC?
UrbanTurf Staff
January 24th | 6 Comments
In this installment of UrbanTurf Reader Asks, a reader inquires as to whether or not the type of... read »
What X Buys You more »
What $700,000 Buys You: The Colonial Edition
Shilpi Paul
January 24th | 0 Comments
In What X Buys You this week, UrbanTurf takes a look at colonial-style homes on the market in the... read »
Best New Listings more »
Best New Listings: The $1 Million Edition (Week of Feb 3rd)
Shilpi Paul
February 3rd | 0 Comments
In this week's special edition of Best New Listings, we look at homes that recently hit the market... read »
- Best New Listings: The $1 Million Edition (Week of Feb 3rd)
- Best New Listings: Burleith, Dupont Circle, and Columbia Heights (Week of Jan 30th)
- Best New Listings: U Street Corridor, Chevy Chase, and LeDroit Park (Week of Jan 23rd)
- Best New Listings: Capitol Hill, Mount Pleasant and Woodridge (Week of Jan 16th)
- Best New Listings: Condos, Row Houses and Country Club Mansions (Week of Jan 9th)
Luxury Real Estate more »
DC’s Most Expensive Homes Not as Pricey As They Used to Be
UrbanTurf Staff
January 30th | 3 Comments
A new house recently hit the market in DC for $11.9 million, making it the second most expensive... read »
0 Comments — Be the First!