February 4, 2012

Figuring out the Vienna home market… April 2009

nice-home

With all you read about the housing market, buying a Vienna home appears to be a safe bet right now. I just looked over resale data from MRIS of the Vienna zip codes ( 22180-22182)  for the month of April and the biggest gains seem to be in the 22182 zip code… looking at the [...]

No short-term loans as HUD pulls the plug

plug

Well, the Tax Credit loan plan is off the table, and HUD took the memo off the web site too. It seems that someone decided to analyze some potential issues… which should have been done before posting it on the crazy world of the Internet. I started to read about this new program in a [...]

The short-term loan for the first-timer tax credit program…

loan-shark

We want our $8,000 first-timer tax credit at closing! And we aren’t gonna wait! “Okay”says HUD Assistant Secretary Montgomery in the “Mortgagee Letter 2009-15″ that is dated May 11th. Of course you can’t take out the whole $8,000 at closing since there are fees and expenses that need to be paid, and the $8,000 hard [...]

If you rebuild the I66 and Route 123 overpass, then you will get elected in Virginia

This 1/2 mile stretch of Interstate 66 needs rebuilding right now . There must be existing VDOT designs to make this a “shovel-ready” project qualifying for immediate federal funding. The problem is I66 tapers down in both directions to get under the existing 1960′s era overpasses, and when rush hour hits or there is one [...]