Scam artists are taking advantage of the common practice of originating lenders selling a borrower's loan to a new servicer. Find out how to protect yourself. Read more [...] 
Read why the new $625,500 loan limit should not have an adverse affect on home values in our area in the long run. 
Fannie and Freddie have instituted new quality control guidelines that require a second review of a borrower's credit report just before settlement. 
No substantial changes to August's real estate statistics, but the next two graphs with data from January 2000 are very interesting. 
What are a buyer's options if a home has old appliances that are still in "normal working order?" Consider a home warranty. 
What happens if home inspection repairs are not completed prior to settlement? Here are some solutions. 
Beginning on September 1, 2011, Fannie Mae and Freddie Mac are requiring appraisers to include a “Quality Rating Code” on all appraisal reports. Here are the codes and there definitions. 
The Northern Virginia housing statistics are out for the month of July, and they confirm what we have all been feeling--despite low prices and even lower interest rates, confidence remains shaky. 
While many of the nation's largest cities continue to see huge declines in value, the DC Metro area actually saw a 4% annual improvement in the latest Case-Shiller Housing Index. 
Whether you love seeing (and hiking in) the Blue Ridge Mountains or love the rich history of the area, Centreville, Virginia has so much to offer those that call it home. 
June housing statistics for Northern Virginia show low inventory, which has contributed to the stabilization of values, and record low sales for June. 
No one can predict the future of the housing market, but here are the factors that influence it and the direction these factors are going. 
Happy Fourth of July! Weekend Happenings include Fringe Festival Preview, City Dance & Music with Milkshake, Grillfish Bayfest, Waves at Matsushima, and A Capitol Fourth. 
The upcoming decision on the QRM requirement for a 20% down payment and the expiration of higher government backed loan limits will likely impact housing. -
-
Welcome to my blog about all things Northern Virginia! Visit often to get my take on Northern Virginia real estate, information on buying and selling homes, local and national housing statistics, and life in Northern Virginia.I hope you enjoy the adventure as much as I do!
Contact me at:
703.624.7848
MargieKMacDonald@gmail.com
Foreclosures: Streamline not Disrupt