If you are looking to buy a Fairfax home for sale, one of the first things you want to do is create a list of features you want in the home and then share that with your agent. But wait, maybe your first list should be a list of skills you want your agent to […]
Your home is where you feel safe and secure, share time with friends, raise a family and call it your own. Buying a home is at the top of the largest investments you will make during your lifetime whether you are single or married. Through the use of borrowed funds, being able to control a […]
George W. Bush encouraged getting regular checkups after his recent heart surgery in which an issue with his heart was found during aI Suggest Regular Checkupsn annual physical. Consider doing an annual homeowner advisory checkup each year. This could benefit your finances as well as your peace of mind. Is your home any less important […]
If you have saved for a rainy day or for your retirement, first Congratulations! But wait…where did you invest it? If you are like over twenty-five percent of Americans you have it in cash or in a savings account instead of in bonds, stocks or real estate. It is understandable why you would want to […]
“The risk of a wrong decision is preferable to the terror of indecision.” – Maimonides Whether you agree with the quote above or not, by delaying your decision to buy in today’s market it will cost you more. Indecision has lost more money than any bad decision every did. As I have reported to you […]
You have probably thought about or at least said out loud “if I knew then, what I know now, I would have done things different.” Thoughts like “I should have stayed in school,” or “I should have listened a bit more to my parents” come to mind.
Retirement Planning – an activity that we often procrastinate in doing although it is very important. A lot of people plan to have their home mortgage paid off by a magical date so they don’t have to make payments after they retire.
Housing affordability is a concern for would-be homeowners with interest rates and home prices on the rise. If you are renewing your certificate of deposit, rising interest rates are great, but not when you are borrowing money.
In the past twenty-five years, not many buyers have been assuming mortgages. In the late 1980’s, the Federal Housing Administration and the Veterans Administration began to require that buyers qualify for the mortgage assumptions.
Even if you have a property lost due to foreclosure or short sale and you might feel relief from being out from under your mortgage obligation, the cancelled amount must be included in your income tax reporting depending on circumstances.
