Everyone knows that if you pre-pay your mortgage you can save a lot of money in interest and you will also build equity faster. Even though mortgage rates are low right now, they are still higher than what you can earn in a savings account. If you have a little extra money, then pre-paying your […]
Do you know the pros and cons of having a home warranty? It’s common for sellers to offer home warranties on their properties, and buyers might find it an incentive. But a growing number of owners of Fairfax, VA real estate and Vienna, VA real estate are purchasing home warranties without even being in a real estate transaction. Some have seen that the home warranty service agreement can limit the unexpected expenses of repairs and replacements of the home you intend to live in for awhile.
There are many owners of Fairfax, Va real estate who are concerned right now about how to afford one of the larger price tags of parenthood: funding your child’s college education. As homeowners, we have a lot of things to save for and invest in, but not always enough discretionary income after the family essentials have been met. In almost any economy, wise real estate investors have an interesting option…
When it comes to the American Dream of owning a home, nothing much has changed. People still want a place to call their own, to raise a family and feel secure. Homeownership also provides emotional and financial benefits. The American Dream in is still alive in the Northern Virginia real estate market and across the country!
With all of the opportunities to purchase great homes for sale in Northern Virginia, you may have been thinking about purchasing another property, maybe even one for your retirement. Even if you are not ready to move into it yet, purchasing a home to retire to now will give you the benefit of the current low interest rates, reduced prices and lower competition.
If you are looking for homes for sale in northern Virginia, consider purchasing one for an investment. Rental homes offer a high return on investment without the instability of stock market fluctuations, and are considered and IDEAL investment in this economy. The “IDEAL” acronym above illustrates the major advantages of investing in rental properties: Income […]