To many buyers, a house that’s been on the market a long time must have hidden problems. And that could lead to unnecessary and endless price reductions. Luckily, even in a distressed market, there are ways to prevent roots from sprouting under the ‘for sale’ sign. Leave it to the… read more →
So, you’ve found a house you like, come up with a down payment and gotten preapproved. What could possibly go wrong? Plenty, if you and your agent rush through the deal without doing all the homework. Buying a house is like getting into a marriage: You must make sure there… read more →
Homeowners insurance isn’t a topic that most people like to think about. For first-time homebuyers, the prospect of adding home insurance to the other long list of costs can seem daunting. Yet homeowners’ insurance isn’t just required for your mortgage, it’s an important part of a plan to keep you… read more →
Today is the last day of school for Fairfax County students. Throughout the school year, many books are purchased for reading assignments. After the assignment is completed, most commonly those books are pushed to the back of the locker or the students closet at home. Now is a perfect time… read more →
Ideally, you would sell your current home and buy your new home on the same day, moving from one mortgage to the next. While this seamless transition has worked out for some repeat homebuyers, others have managed to sell their homes and rent them back until they find a new… read more →
If your tenants don’t own pets, they’re in the minority. That’s the finding of a new survey, in which a full 75% of renters said they owned one or more pets. That’s up a staggering 32% since last year. Most of these pets are cats and dogs, with fish trailing… read more →
While the essential elements of shopping for a mortgage are the same for a purchase or refinance, refinancing usually starts with a decision to improve your cash flow or change your debt profile. You should determine your goal for refinancing before you meet with a mortgage professional. Once you’ve… read more →