Tag Archives: northern virginia

You Ratified a Contract to Purchase a Home. Now What?

Posted on September 6, 2014 by Margie

Once you have a ratified contract, here are the next steps to purchasing your new home. Continue reading →

Posted in Buying a Home | Tagged buying a home, buying a house, loan process, northern virginia, ratified contract, settlement process | Leave a comment

Police Unity Tour Fundraisers and Ride

Posted on April 20, 2013 by Margie

Their mission is simple yet very poignant, especially this week: “We Ride For those who Died! Our Mission is to raise public awareness of Law Enforcement Officers who have sacrificed their lives in the Line of Duty and to raise … Continue reading →

Posted in Life in Northern Virginia, Living in Northern Virginia | Tagged Chris Yung, Glory Days Grill, Joe's Crab Shack, Kevin Whalen, Northern VA, northern virginia, Police Unity Tour | Leave a comment

Northern Virginia Housing Statistics, September 2011

Posted on October 21, 2011 by Margie

Northern Virginia real estate statistics for September indicate slightly lower inventory and slightly lower sales than the previous September, but median sales price is up 7.34% from last September. Continue reading →

Posted in Real Estate Statistics | Tagged housing statistics, Northern VA, northern virginia, real estate statistics | Leave a comment

Watch Out For This Mortgage Scam

Posted on October 20, 2011 by Margie

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. Continue reading →

Posted in Buying a Home | Tagged buying a home, buying a house, home buyer, loan sold to new servicer, mortgage scam, new mortgage servicer, Northern VA, northern virginia | Leave a comment

Will New Loan Limits Cause Home Values to Drop?

Posted on October 19, 2011 by Margie

Read why the new $625,500 loan limit should not have an adverse affect on home values in our area in the long run. Continue reading →

Posted in Buying a Home, Real Estate Statistics, The State of Real Estate | Tagged buying a home, buying a house, housing statistics, lower loan limits, new loan limits, Northern VA, northern virginia | 1 Comment

Consider a Home Warranty

Posted on September 14, 2011 by Margie

What are a buyer’s options if a home has old appliances that are still in “normal working order?” Consider a home warranty. Continue reading →

Posted in Buying a Home | Tagged buying a home, buying a house, buying a house with old appliances, home inspection, home warranty, Northern VA, northern virginia | Leave a comment

What Happens If Home Inspection Repairs Are Not Completed?

Posted on September 2, 2011 by Margie

What happens if home inspection repairs are not completed prior to settlement? Here are some solutions. Continue reading →

Posted in Buying a Home | Tagged buying a home, home inspection, home inspection repairs, Northern VA, northern virginia, pre-settlement walk-through, walk-through items | Leave a comment

Northern Virginia Housing Statistics, July 2011

Posted on August 18, 2011 by Margie

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. Continue reading →

Posted in Real Estate Statistics | Tagged housing statistics, Northern VA, northern virginia, real estate statistics | Leave a comment

Real Estate Is Local, not National, and Our Market is Hot!

Posted on July 18, 2011 by Margie

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. Continue reading →

Posted in The State of Real Estate | Tagged buying a home, buying a house, housing statistics, housing values increase, Northern VA, northern virginia | Leave a comment

Northern Virginia Housing Statistics, June 2011

Posted on July 12, 2011 by Margie

June housing statistics for Northern Virginia show low inventory, which has contributed to the stabilization of values, and record low sales for June. Continue reading →

Posted in Real Estate Statistics | Tagged buying a home, buying a house, housing, Northern VA, northern virginia, selling a home, selling a house | Leave a comment

When will the housing market recover?

Posted on July 3, 2011 by Margie

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. Continue reading →

Posted in The State of Real Estate | Tagged buying a home, buying a house, future of housing, housing market, housing market recovery, Northern VA, northern virginia, selling a home, selling a house | 9 Comments

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

Posted on June 28, 2011 by Margie

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 →

Posted in Buying a Home | Tagged buying a home, buying a house, buying a short sale, home buyer, home buyers, house buyer, Northern VA, northern virginia, short sale | 2 Comments

What Is Today’s Home Buyer Looking For?

Posted on June 16, 2011 by Margie

The more a seller knows about their potential buyer, the more thy can leverage that knowledge to maximize their sales price. Today’s home buyer falls into 3 age groups: Baby Boomers (45+ years old), Gen-Xers (35-44 years old), and Gen-Yers (17-34 years old), and 3 categories: first-time buyers, repeat buyers, and investors. Continue reading →

Posted in Selling a Home | Tagged home buyer, house buyer, Northern VA, northern virginia, selling a home, selling a house, what home buyers look for | Leave a comment

Northern Virginia Housing Statistics, May 2011

Posted on June 15, 2011 by Margie

May, in Northern Virginia, has typically been one of the most active months of the year for home sales. That is not true this year. Despite the best home affordability index in decades and historically low interest rates, buyers are just not buying. Continue reading →

Posted in Real Estate Statistics, Uncategorized | Tagged housing statistics, Northern VA, northern virginia | 2 Comments

Waiting for the bottom to buy a home may not be the best strategy

Posted on June 11, 2011 by Margie

When will we know we have hit the bottom of the housing market when prices are at their lowest? Probably not until we can look back and see this bottom. If you “wait for the bottom” to buy a home, the reality is that you will probably be purchasing once prices are already starting to inch up. This chart explains why waiting is probably not the best strategy. Continue reading →

Posted in Buying a Home | Tagged bottom of market, buying a home, buying a house, lowest housing prices, Northern VA, northern virginia | Leave a comment