In today’s real estate market, inventory of Fairfax homes for sale as well as National inventory is still down. This is what some may call a “Seller’s Market.” During this time you need to make your offer to purchase a home the most attractive it can be. It would be safe to assume that you […]
A four-time 75 year old widowed man was asked about why he was getting married again, his response was “for the little bit they eat, I would not want to be without one.” You also wouldn’t want to be without an umbrella in a torrential rainfall. So why be without an agent when you are […]
Because of historically low mortgage rates, consumers today are realizing their vision of living the American Dream by owning a home. Today’s homebuyers can get lower mortgage rates than their parents or even grandparents did on their first home. FNMA recently conducted a housing survey about consumer’s thoughts on today’s market. The results were that […]
A higher house payment doesn’t mean your home is more valuable. It means that you got a mortgage loan rate higher than it has to be. If you are looking to lower your monthly mortgage payment then an adjustable rate mortgage can do that for you only factor to consider is how long are you […]
We all learn to ride our first bicycles using training wheels. They assist us with keeping the bicycle straight until we learn to balance. Once those training wheels are taken off, we usually don’t put them back on again. Using this concept, once you have owned a home it may seem strange to revert to […]
First-time home buyers and repeat home buyers are often faced with determining which loan product they want to use. You have a certain amount of money you can use for a down payment, so should you go FHA or Conventional? Fannie Mae re-launched its Conventional 97% LTV conventional loan program in December 2014. Now the […]
Lenders are a dime a dozen. Making a Lender selection can be a bit daunting. You want someone who will understand your needs as a buyer and present you with the best loan product. Being able to sit in front of someone and have face-to-face contact is a huge advantage. It’s hard to con someone […]
Part of the American Dream is owning your own home. Fueling this ambition are responses like, “I want a place of my own,” “I want a place to raise my family,” or “I want a place where I can feel safe and share with family and friends.” All strong motivating factors for buying a home. […]
There are times when the things we don’t do cost us more than the things we do. If you had a certificate of deposit that you put money into and it was earning 2 percent when you had a chance to take advantage of an 8 percent earnings, the difference between these percentages cost you […]
A short story about an offer presented to a single, senior woman who was relocating to a retirement home: The offer was for full price and had reasonable terms and timelines. The seller would not accept it. As the offering agent delved deeper into why, the agent discovered the seller was upset about her dining […]
