Okay, driving through Fairfax County I share my thoughts on the essentials of knowing your FICO Score and the importance of getting a credit report early on in the home buying process. If the FICO Score isn’t 700 720 then there may be ways to improve it… since 720+ is the magic number for availability [...]
Yes, more new mortgage application rules… July 30th!
July 20, 2009 By Leave a Comment
There are some new guidelines that are being implemented by the Federal Reserve starting July 30th, 2009 as reported in The Washington Post over the weekend. Any agent who sells homes (listing agents, pay attention) better get familiar with them or your deals may get delayed at a moments notice, or learn the hard way [...]
No short-term loans as HUD pulls the plug
May 19, 2009 By
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 [...]
My insider’s tip to refinancing your mortgage… in Virginia
March 15, 2009 By Leave a Comment
Saving money is always why people want to start the hassle of refinancing. And with today’s fixed rates around 5%, I get calls and e-mails from past real estate clients with questions about their options all the time. It is nice to be considered their go-to guy when it comes to real estate questions, and [...]
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