This is the first post in a blog series on the process of home buying in Northern Virginia. You can think of these articles as a sort of blue print for how to start your home buying journey.

The Process of Home Buying – The Exploration Phase

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I’ve had a lot of clients ask me if loan officers charge any up-front home loan fees, so I thought I’d write a blog post on the subject. No, you don’t pay any up-front fee to loan officers for their services. A loan officer’s commission is paid by the …

This is the second post in a blog series how your lender will evaluate your credit score analysis. You can read Part 1 here.

How Does Your Payment History Affect Your Credit Score Analysis?

This is one of the most important factors that a potential lender will …

This is the first post in a blog series on what your bank will look for in their credit score analysis when you apply for a home loan. 

Credit reports. They can determine whether or not you are granted a loan, mortgage or credit card. It's a good …

Buying a foreclosure home is a lot different from other types of real estate sales in Northern Virginia, including bank owned homes and short sales. Bank owned properties are often listed as “foreclosures” on home search sites and on the MLS. 

Buying a Foreclosure Home in Northern …

A closing in real estate often feels a bit anticlimactic for Northern Virginia homebuyers and sellers, given the long journey that precedes the hour or so they spend at the settlement table. For a buyer, most of the paperwork that you sign at closing includes similar versions of loan …

A short sale in real estate is when an homeowner owes more on their home than the property is worth, and they get permission from their bank to sell the property at a loss in order to avoid foreclosure.

Short sales are a great way to get …

This is the third post in a three-part blog series on what kind of deal to expect when you buy bank owned homes in Northern Virginia. So far, we’ve covered Part 1 and Part 2.

When You Buy Bank Owned Homes, The Waiting Game Takes Patience

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This is the second post in a blog series on what to expect when you buy bank owned homes in Northern Virginia. In Part 1, we began discussing how much of a discount you can expect to get on this type of property in the current market.

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An escalation clause is used in a Northern Virginia real estate contract when there is a lot of interest from other buyers in a certain property, and you anticipate there could be a bidding war. You typically see these types of clauses in multiple offer scenarios, when a property …