For those of you just joining us, this is the second post in a series on how an adjustable rate mortgage works. You can read the first post here.
When the interest rate on an adjustable rate mortgage increases and the borrower opts to …
If you are a potential home buyer, you have more than likely heard the terms fixed rate home mortgage and adjustable rate home mortgage. A fixed rate loan maintains the same interest rate for the entire length of the loan. With an adjustable rate mortgage (ARM), …
With Washington, DC just a few minutes away, the Jefferson Green Condos in western Alexandria, Virginia are very conveniently located, close to I-395 and the Van Dorn Metro station. Jefferson Green is a strong community with a good mix of local amenities and neighborhood activities.
Auburn Village Condos are conveniently located between Crystal City and Old Town. Potomac Yard Metro station is just a short walk from this community and the journey into DC takes only minutes. The condos have all been modernized and are full of original charm. They are one and two bedroom …
I try to make it a point to help all of my buyer clients understand how the home inspection process works. This blog post will give you a broad overview of what happens during the home inspection process and the negotiation period afterward.
A home inspector’s job …
Finding the right home can sometimes be a long process that tries any home buyer’s patience. I’m always the first to tell my buyer clients they should never settle for a property they don’t like as much simply because they’re getting tired of looking. There are enough homes …
Is a tax assessment a useful indicator of market value?
Your local government regularly adjusts your tax assessment and uses it to determine your yearly tax bill, but does this mean it’s a useful indicator of what your home is worth? Not in the Northern Virginia real …
A home appraisal is one of the most important stages in a real estate transaction, and possibly the most nerve-wracking. The purpose of an appraisal is to verify the market value of a home and to make sure the property is worth the price the buyer is …
If there are a lot of people interested in a property you’re thinking of buying, you might want to consider including an expiration date in your offer. An expiration date forces a seller to make a quick decision on your offer so they don’t have time to …
If you want to get top
dollar on the sale of your home, overpricing it is a dangerous proposition. As a home owner, it can be tempting to think that if you price your home above market value, a listing agent’s superb marketing plan can still find you that one …