Well, not really in Northern Virginia! In the grand scheme of things, we should see home buyers having the best of times with this real estate market. The available home buyer tax credits, home prices are the lowest in years, mortgage interest rates are still around 5%, spring is in the air… okay, that’s a [...]
Yes, the buyers are out there… but move-in-ready homes aren’t
June 11, 2009 By
I was searching for a town home with a client last week in Centreville, Clifton and Fairfax and saw an interesting trend. The trend was in homes that were regular sales, not the foreclosures or short-sales which seemed to be about 50-60% of the market. So, let’s consider the regular sales to be 40% of [...]
An escalation clause?
April 8, 2009 By
Home Buying Course 409 (Spring Semester)
April 3, 2009 By Leave a Comment
Prereq: loan pre-approval 305, buyer consultation 206, cost estimate review 108, time frame 201 Okay, this isn’t a real college level class but it is at the level a home buyer needs to be if they want to take advantage of today’s real estate market. There is an “on-sale” mentality that has taken hold in [...]
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