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September 2008 - Posts

Tuesday, September 30, 2008 10:35 AM

I didn't know that the Bailout had to do with healthcare!

I didn't actually think that there could be a worse public speaker than George Bush. Apparently I was wrong. I am definitely not the best public speaker but then again I don't aspire to run our country. http://www.youtube.com/watch?v=zeMypXCUWM
Posted by Kim Darwaza | 0 Comments
Tuesday, September 30, 2008 6:40 AM

Citigroup to Buy Wachovia

Many of my clients use and one the top loan officers in the area that I refer business to is Lauren Geraghty at Wachovia Mortgage. She has some valuable input that she will share on this acquisition via a comment later today so make sure you check back
Posted by Kim Darwaza | 1 Comments
Monday, September 29, 2008 8:34 PM

Price Reduced on 816 Cattail Lane NE in Exeter

Exeter, Leesburg - Announcing a price reduction on 816 Cattail Lane NE, a 1,900 sq. ft., 2 bath, 3 bdrm single story "Great Curb Appeal". Now MLS® $325,000 - REDUCED!. Property information
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Monday, September 29, 2008 3:50 PM

Bailout Plan Fails - Not the best news for the real estate market

Dow Plunges 777 Points After Bailout Plan Fails Wall Street has ended a stunning session with a huge loss, with the Dow Jones industrials plunging more than 777 points - their largest point drop ever - after the failure of the financial bailout plan in
Posted by Kim Darwaza | 0 Comments
Sunday, September 28, 2008 6:31 PM

No GAS in Centreville - One Gas Station

I was over in Centreville this morning at a clients house and decided to swing by a Shell Station to get gas before I headed out to Leesburg for my open house. There is a Shell on 29 that has really cheap gas. They were sold out of Premium and the middle
Posted by Kim Darwaza | 1 Comments
Saturday, September 27, 2008 10:29 AM

Price Reduced on 5117J Travis Edward Way in Faircrest

Faircrest, Centreville - Announcing a price reduction on 5117J Travis Edward Way, a 904 sq. ft., 1 bath, 1 bdrm 2 story "Open Floor Plan". Now MLS® $235,000 - Reduced!. Property information
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Wednesday, September 24, 2008 11:18 PM

Homes Prospector

Are you looking for a property in a certain area, price range, or size? Let Homes Prospector search the properties and notify you daily or weekly of interesting possibilities. You set the criteria and Homes Prospector does the work. Sign up for Homes
Posted by Kim Darwaza | 0 Comments
Tuesday, September 23, 2008 8:03 PM

Virginia Homeowners Alliance

I am pleased to inform you about an exciting new service provided by REALTORS® specifically for homeowners in Virginia. While REALTORS® have always represented the interests of their clients as individuals, until now homeowners have never had
Posted by Kim Darwaza | 0 Comments
Monday, September 22, 2008 10:35 PM

The Lowball Offer

HOW LOW OF AN OFFER CAN I MAKE? This is the #1 question that I receive every time a buyer client of mine makes an offer. This question has proved to be more difficult to answer than one would think for a market where buyers are supposed to have most of
Posted by Kim Darwaza | 0 Comments
Monday, September 22, 2008 8:59 AM

Open House in Exeter on Sunday

September 2008 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Exeter, Leesburg - We invite everyone to visit our open house at 816 Cattail Lane NE on September 28 from 1:00
Posted by Kim Darwaza | 0 Comments
Friday, September 19, 2008 3:41 PM

Price Reduced on 4125 Trowbridge Street in Crestmont

Crestmont , Fairfax City - Announcing a price reduction on 4125 Trowbridge Street, a 2,868 sq. ft., 4 bath, 3 bdrm townhouse "End Unit". Now MLS® $689,000 - Price Reduced!. Property information
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Thursday, September 18, 2008 10:45 PM

Open House in Faircrest on Sunday

September 2008 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Faircrest, Centreville - We invite everyone to visit our open house at 5117J Travis Edward Way on September
Posted by Kim Darwaza | 0 Comments
Wednesday, September 17, 2008 10:27 AM

The Affordability Gap

Last week I attended the 2008 Economic Summit at George Mason University hosted by the Northern Virginia Association of Realtor's. The guest speakers that I heard were Dr. David F. Seiders the Chief Economist of the National Association of Home Builders,
Posted by Kim Darwaza | 0 Comments
Friday, September 12, 2008 2:47 PM

HELOC's - Banks Continue to Tighten Up Even on Existing Mortgages

As we all know banks have been tightening up their guidelines for lending to home buyer's. I have heard from some clients and others about banks tightening up on existing loans especially HELOC's. A HELOC is a home equity line of credit for those
Posted by Kim Darwaza | 0 Comments
Wednesday, September 10, 2008 8:38 PM

Housing and Economic Recovery Act of 2008 - Buyer Advantages

Below is the information on the first-time home buyer tax credit that has been summarized nicely by the NAHB. This is one piece of H.R. 3221 or the Housing and Economic Recovery Act of 2008 that was created to primarily to address the subprime mortgage
Posted by Kim Darwaza | 0 Comments
Tuesday, September 09, 2008 8:31 PM

Breaking News About Downpayment Assistance

As discussed in my previous blog post Down Payment Assistance is set to go away at the end of September. By eliminating downpayment assistance credit worthy, hardworking Americans will be unable to own homes which will eliminate buyers from the market
Posted by Kim Darwaza | 0 Comments
Saturday, September 06, 2008 11:36 AM

Lenders continue to tighten guidelines & Seller Downpayment Assistance Programs have Ended

I have been getting calls lately from first time home buyers asking me about advertisements for homes which say, "Get into this home for 0 down!" and want to update everyone on these loan programs. Sadly the FHA Nehemiah seller down payment
Posted by Kim Darwaza | 0 Comments
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Friday, September 05, 2008 5:49 PM

11200B Chapel Road in Fairfax Station is Sold!

Fairfax Station, Fairfax County - The lot / land at 11200B Chapel Road has been sold. Property information
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Thursday, September 04, 2008 10:25 AM

Short Sale & Foreclosure Information

I have been asked this question a lot recently and thought that I would share some of my thoughts and recent experiences with you. With close to 55% of homes for sale in Northern Virginia being either a short sale or foreclosure chances are the home that
Posted by Kim Darwaza | 0 Comments
Monday, September 01, 2008 6:10 PM

Open House in Exeter on Sunday

September 2008 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Exeter, Leesburg - We invite everyone to visit our open house at 816 Cattail Lane NE on September 14 from 1:00
Posted by Kim Darwaza | 0 Comments
Monday, September 01, 2008 6:09 PM

Open House in Crestmont on Sunday

September 2008 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Crestmont , Fairfax City - We invite everyone to visit our open house at 4125 Trowbridge Street on September
Posted by Kim Darwaza | 0 Comments