Here are just a few of the national real estate numbers we are tracking for you now. For more info contact us.
According to KW research, more money is always appealing, but remember, the buyer has to be financially able to close. Look for buyers who’ve thoroughly prepared themselves by getting prequalified, or a buyer who’s obtained a conditional letter of approval or proof of funds for cash offers. For more information, contact us.
So you’ve decided to purchase a new-construction home. This series of posts will detail the process from start to finish, and hopefully give you a good idea of what to expect throughout the process. In part one, we’ll look at how to get started by securing construction financing and what to expect from the lender. […]
The Federal Housing Administration recently published revised guidelines to its condominium project approval process. Under the previous guidelines, many condo associations opted out of the FHA approval process, often due to the legal liability they incurred just by filling out the application. The new rules ease some of that liability, as well as increase the […]
With almost 20% of the inventory in Falls Church falling in to the category of “distressed sales” (e.g., short sales or foreclosures), the implications of pursuing a short sale are becoming important to more and more people. Many potential sellers ask: Will doing a short sale affect my credit and how much? The short answer […]
Options for Falls Church Underwater Homeowners: Loan Mods, Short Sales, Foreclosures, and Bankruptcy
I recently obtained a “Certified Home Rescue Expert” designation, making me part of a “Neighbors in Need” program. This program is a group of local professionals, including real estate lawyers, tax specialists, credit reporting experts, and bankruptcy attorneys who’ve networked to provide counsel to homeowners who are having trouble making their payments. This service is […]
Spring has sprung early as far as the real estate market is concerned. Buyers are out and circling, anxiously waiting for inventory to hit. I know I’m starting to sound like a broken record, but the lack of ‘good’ inventory continues to be the story in real estate circles. Check out our market data graphs: […]