Doug Francis Real Estate Blog in Vienna and McLean, Fairfax and Arlington with a little humor too. Easy MLS Listing Search too.
After looking through some home sales data with a client in Oakton, it seemed like a good idea to clarify some of the determining factors when examining homes sales comparables that influence current pricing of homes. Determining a net sales price for a home is impossible if you are looking at recent sales data published [...]
The L.A. Times recently published a piece discussing how Fannie Mae and Freddie Mac were raising fees, and toughening credit rules depending on FICO credit scores. So start watching for “delivery fees” if you are putting down less than 30%. That’s not a typo! below 700, add 1.5% 700-720, add .75% 721-739, add .25% Meaning, [...]
My e-mail is doug@dougfrancis.com or call me at 703-304-6827 to discuss the real estate biz. Cheers! (Yes, you should hire me) [Read More …]
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