When buying a home you may be given the opportunity to prepay some interest in the form of “points.” This allows the buyer to bring down their mortgage interest rate by making upfront payments. Points can also be paid for building a home or for improving your principal residence. However, points paid when you refinance […]
We all remember what happened in late 2007 and early 2008 with the real estate market. The bottom dropped out of it and sent our economy into turmoil helped by bad lending practices across several mortgage companies. As a result, the Dodd Frank Reform Act was enacted to help protect the home buyer from predatory […]
Have you ever heard of a water meter key? You might want to read the rest of this post and find out what it is. My suggestion to homeowners with Fairfax homes for sale: buy one before you need it. Oh, no! It’s 3 o’clock in the morning and a pipe just burst. Water is […]
During the normal course of our lives we come to know certain expectations. We expect coffee to be hot, beer to be cold and that Mexican food is almost always spicy. But if any of these expectations are not met, there are no serious consequences. When the value of an item rises, whether by price […]
Are you on the market for one of the beautiful homes for sale in Alexandria? If so, you’re definitely going to want to get started with the search as soon as you can. Starting this spring, there will be a large influx of buyers on this market in just a few weeks. That means that […]
