If you were ever involved in Boy Scouts (or have a child who was involved), you may have heard of a certification called a Totin’ Chip. It’s a Boy Scout requirement to earn this certification, and gives you the use and safety rules of using wood tools such as an axe, knife, and a saw. […]
Homeownership is a cycle – think of it almost like a circle. All around the circle are items such as an apartment building, finances, things that are simply helping you work towards that goal of homeownership. Then, the middle of the circle is a larger home – the goal if you will. You may want […]
We often assume that as we age we will have house payments and car payments for the rest of our lives. But if you plan now and stick with it you too can be mortgage free. Retire planning should begin when you start your first job. However, most of us procrastinate on this vitality important […]
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.
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.
In a recently released study, Fannie Mae states the consumer attitudes continue to be favorable about homeownership, especially with younger generations, ages 18 to 34. When comparing the financial and lifestyle benefits, slightly over half of them (71 percent) think that owning makes more sense than renting. Protection against rent increases was mentioned.
When you are saying that the Fairfax VA Real Estate market has a low inventory it depends on what you are comparing it too. Are you comparing it to the number of total homes that were on the market last year at the same time? Are you comparing it to homes in a price range? […]
First impressions of a home go a long way in determining how quickly your home will sell. Your major role as a seller will be to make your home as attractive as possible to potential buyers – you need to be viewing your home through the eyes of potential buyers. With some time, effort and limited financial investment, you can grab the competitive edge you need to sell your home at the price you want.
Federal Housing Administration (FHA) loans can be confusing because the FHA does not make loans. It insures the loans made by lenders it has approved. So, if a lender defaults, the FHA covers the losses – not the lender.
One of the great benefits of an FHA insured loan is that it only requires a 3.5% down payment, making homeownership much more feasible for those potential buyers purchasing Fairfax VA Real Estate, who do not have the traditional 10%-20% down that conventional mortgages require.
Airfare, hotel and rental car are critical when planning a trip away from home. But there are plenty of other tasks for you to take care of to protect your home and take care of your pets, so you can relax and enjoy your trip.