Tag Archives: home buyers

Don’t Commit Mortgage Sabotage

Lending standards have gotten much tighter as a result of the mortgage crisis. Fannie Mae and Freddie Mac now require a credit “refresh” no more than three days prior to closing . Since most mortgages are sold to Fannie and … Continue reading

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8 Questions to Ask Before You Put an Offer on a Short Sale

A short sale is when a homeowner lists their home for sale, contingent on receiving approval from their lender(s) to sell the home for a price that falls short of the amount owed on the mortgage(s). If you are considering putting an offer on a short sale, here are eight questions you should ask first. Continue reading

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How does the home inspection contingency work?

You’re so excited! After all the time and effort to get your home ready to put on the market, all the anticipation as each potential buyer views your home, you now have a ratified contract. You’re done, right? Unfortunately, not … Continue reading

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You can buy a home with a 3.5% downpayment

One of the things that often surprises my buyers is that they only need a 3.5% downpayment. That’s right…you do not need to wait until you have saved a 20% downpayment. The idea of purchasing a home can be daunting … Continue reading

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The steps to buying a home

The steps to buying a home include: finding out how much you qualify for, working with an experienced Realtor, starting the home search, making an offer, ratifying a contract, final loan approval, removing contract contingencies, and going to settlement. Continue reading

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Northern Virginia Housing Statistics March, 2011

They are in, and they are encouraging! The March 2011 housing statistics were just released. The number of homes sold each month finally started to trend up in March after a relatively steady decline since the summer. Inventory is also … Continue reading

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Is it a good time to buy a home?

Now really, how do you think I’m going to answer that? I’m a Realtor®! Actually, I decided to write this post because I was pondering what advise I would give to my two sons who are almost 18 and 20. … Continue reading

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Pink Pigs and Switchbacks

One of the many things that I love about showing houses is the opportunity to see some pretty unusual stuff! On my last excursion with buyers, we were in an area which has a couple of neighborhoods carved into mountains. … Continue reading

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