Serving Northern Virginia
FHA unveiled 3 policy changes today that they believe will boost their capital reserves. The first two changes of the recent FHA press release are of the most importance to anyone considering buying a home in Northern Virginia in the future.
-Update the combination of credit and down payment requirements for new borrowers. New [...]
One of the questions I’m asked by sellers facing a short sale or foreclosure is will I ever be able to buy a home again? The answer is YES but there are Fannie Mae Guidelines mortgage companies will be required to follow.
With a 20% down the wait time is generally:
Deed in Lieu of Foreclosure-2 years
Short [...]
The clock is ticking. It can be heard loud and clear throughout Northern Virginia. The tax credit is expiring in four days. However there are those who might consider cheating and signing a contract on May 1st or May 2nd and back dating it to April 30th.
Please don’t go there. Though the tax credit is [...]
Years ago when I had a home built in the South Mountain Foothills outside of Phoenix I was thrilled with the wide open spaces behind my home. When I asked the developer if they had plans to build any more homes the answer was “no.” The key to their answer was “they” didn’t plan to [...]
Recently an addendum to a purchase agreement on one of my listings in Northern Virginia caught my attention. The addendum stated if the home did not settle by the June 30, 2010 deadline the sellers would credit the buyers with $8000, the amount of the First Time Homebuyers tax credit.
After reading the addendum a few [...]
If Spring 2010 is the time for you to buy a new home then check out this new listing at 8945 Victoria Rd in Kings Park (Springfield VA).
List Price $430,000
Sold under the guidelines of the Department of Defense Homeowners Assistance Program.
Port Potomac is one of the popular new Prince William County Communities designed and developed in the last few years in Prince William County. Multiple builders including Ryan Homes, Drees Homes, NVR and Kettler Brothers have helped shape Port Potomac.
Port Potomac features easy access to the Rippon Landing VRE, I-95 and PRTC commuter [...]
At least three or four times a week I get a question about a “foreclosure” listing a buyer saw on RealtyTrak. They see an incredible price…that translates as LOW…and want to see the house right away.
Unfortunately the answer is chances are what you are seeing is not a listing at all but a notice [...]
Listed for $299,000 this Port Potomac Townhouse is the perfect place to call home
Quick Tour of 16414 Steerage Circle
If you are looking for luxury living in a Woodbridge VA community close to shopping, restaurants and multiple commuting options to DC then River Falls should be on your must see list.
During the summer months residents can enjoy the community swimming pool, tennis courts, Old Hickory Golf Club [...]
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