Nobody likes giving up a good amount of their stuff, leaving a home they’ve loved for years, finding a new place that suits their needs, and making a tough and emotional move — but it’s something that many seniors must do if they want to stay … [Read more...]
Your Rights As a Borrower
When you shop for a mortgage loan, you have certain rights that are guaranteed by the federal government’s Consumer Financial Protection Bureau. Knowing your rights will help you get the best loan possible. You have the right to: Receive … [Read more...]
Some Definitions of Listing Statuses
As you browse listings you may find homes you like that appear to be unavailable, due to some kind of contingency. If you find the perfect home, but it’s labeled Contingent Kick Out or Contingent No Kickout, should you pursue it or forget it? The … [Read more...]
What to Expect on Closing Day!
The big day finally arrives! There will be lots of paper signing and a passing of keys (don't forget mail box and garage keys, and garage door openers). At the settlement, there will be an attorney or title company representative, buyers, sellers … [Read more...]
12 Topics You Should Discuss With Most Lenders
When thinking about taking out a home loan, here are some of the questions you might want to ask the loan officer: Are both fixed and adjustable-rate loans available? What is the Interest Rate? What is the total origination charge? How … [Read more...]
March Northern Virginia Real Estate Market Still Tight
We are still suffering from extremely low inventory and days on the market across northern Virginia. For example, Loudoun County had 19% less inventory than last year, and the lowest inventory in March for 10 years! In some sectors, double digit … [Read more...]
