If you are in process of procuring a mortgage to purchase a Fairfax, Va home, or any home for sale in Northern Virginia, it’s important to understand the tax implications of “buying down” your interest rate with pre-paid points. Pre-paid interest, sometimes called “points”, can be tax deductible when a person pays them in connection […]
Tag Archives: Northern Virginia Real Estate Insights
Changing the Locks – Key to a Safe Home
Water Damage – Is it Covered by Insurance?
This has been a hard week for residents of Fairfax, Vienna, Reston and all owners of Northern Virginia real estate.
Many of us are recovering from the damage and/or inconvenience of Hurricane Sandy. I hope that you, your family and friends have weathered the storm safely and that you have the support and resources to get “back to normal”. That’s what we are trying to do here at the Roche household. For more local information from Fairfax County government on Hurricane Sandy recovery, visit the Fairfax County Emergency Information blog.
October 2012 Healthy, Wealthy & Wise Newsletter Now Available
This month’s issue of ‘Healthy Wealthy and Wise’ is now available. My Free Consumer Newsletter is loaded with useful Consumer & Health Tips, Wild Trivia, Funny Jokes, Entertainment, Quotes, and a bit of Money Saving ‘Insider’ advice from my Real Estate Radio Show!
Rent vs. Buy – Which is best for you?
The question plaguing every Northern Virginia tenant who wants a home of their own is whether it is more beneficial to continue renting, or to purchase a home of their own. The Fairfax, Virginia real estate prices look great, and the interest rates are still attractive. But what factors should you consider before taking the plunge?
Rental Properties – Determining Your Return on Investment
New Home Preparations – Don’t Forget Your ISP
For most Northern Virginia homeowners, Internet access in the home is as necessary as electricity and water. We work, play, learn, communicate and recreate using the Internet. While the Internet is a great resource to locate information about food, travel and a number of other things, it isn’t necessarily the best place to find a local internet service provider for your home in Northern Virginia.
Refinancing your Northern Virginia Home – Is it the right time?
Cut the Costs of FHA Loans – Eliminate Your MIP
Here’s a tip for potential FHA buyers of Northern Virginia homes for sale: Paying extra principal on your mortgage loan can help you remove the required monthly mortgage interest premium (MIP) faster, which will lower your monthly loan payment, reduce your overall interest, and build equity faster on your home.
Rates Down, Prices Up – How Affordable is Housing in September 2012?
There is an interesting trend occurring this year – in Northern Virginia real estate and real estate markets throughout the country – and buyers need to be aware. There may be an explanation for why there is still not a huge sense of urgency to purchase a home now, even though mortgage rates remain extraordinarily low.