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October 2008 - Posts

First-Time Home Buyer Tax Credit

I have been asked a lot of questions about this program lately which is more of a loan rather than a credit. There is a time limit where this is available so you need to take advantage of the credit quickly. For a printable version please go to http://www.federalhousingtaxcredit.com

Positive Real Estate News for the week of October 31, 2008

Home price declines slowed in August - http://www.inman.com/news/2008/10/24/home-price-declines-slowed-in-august NAR: Sales up on improved affordability - http://www.inman.com/news/2008/10/24/nar-sales-improved-affordability - September sales of existing

Vote for the REALTOR Party on Tuesday, November 4th!

Tuesday, November 4 is Election Day! Make sure your vote counts by using the following Realtor® voting checklist: 1. Find Your Polling Place Your polling place may have changed since the last general election. You can verify your voting location through
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FHA is Increasing its Downpayment Requirements

Maximize your purchasing power and minimize your out-of-pocket costs by locking into an FHA loan before the end of the year. As part of the Housing and Economic Recovery Act of 2008, FHA is changing their down payment and maximum LTV requirements. Here

Move over or pay $2,500

Virginia is currently one of the toughest states for speeding but who knew about this one. I thought that it was crazy enough recently that one of my friends was threatened with a year in jail for not slowing down enough through the toll plaza on Dulles
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Celebrity & Luxury Real Estate Round-up for the week of 10/26/2008

LUXIST: http://www.luxist.com/category/estates/ Celebrity Housing Market Each week, Luxist rounds up the latest celebrity real estate news. Here are some of the latest purchases and sales from some notable names, including Alex Rodriguez , Tom Brady ,
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Freddie Mac HomeSteps 2008 Ask An Agent Sales Promotion

Promotion Dates: Contracts received October 23, 2008 – January 31, 2009, with escrow closed by March 14, 2009. Homebuyers: Now, no matter where you live in the United States, owning your own home may be more affordable than you think! If you are

Despite market mess, it's not impossible to get a mortgage

This article was written by Ken Harney of the Washington Post last week. I thought that it was interesting and that I would share it with everyone. It is not often that I actually agree with anything in the media since it is mainly doom and gloom. WASHINGTON
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Why Real Estate is a Great Investment Quotes!

If Grandma had listened to these folks, her retirement and my inheritance would be drastically different: For the past 60 years, economists, wall street analysts, and other suppsed financial experts have predicted the end of real estate appreciation.
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Open House in Faircrest on Sunday

October 2008 Su Mo Tu We Th Fr Sa 28 29 30 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 31 1 2 3 4 5 6 7 8 Faircrest, Centreville - We invite everyone to visit our open house at 5117J Travis Edward Way on October 19

A breakdown of my marketing plan: Washington Post Print Advertising

I stopped marketing my listings and open houses in the classified section of the Washington Post over a year ago. After running expensive print ads and not receiving any calls or any customers coming to my open houses from these ads I decided that my
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A breakdown of my marketing plan: The Open House

Over separate posts I am going to break down the components of my marketing plan and let everyone know what sets me apart from other agents and how I get my listings sold. In this post I will discuss the open house. I take a "Pro-Active Approach"
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The Brochure Box Flyer

A question that I get on a fairly regular basis from clients is, " Why don't we have a brochure box flyer? ". In all honesty the brochure box flyer is a waste of natural resources. The majority of people looking at it are nosey neighbors
Posted by Kim Darwaza | 1 Comments

Citigroup waves the white flag and clears path for Wells Fargo-Wachovia Merger

Citigroup waved a white flag late Thursday as they decided not to battle in court over which bank would buy ailing Wachovia. Early last week, Wells Fargo had backed out of talks as the federal government brokered a deal that arranged for Cititgroup to
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33 Facts The Doom and Gloom Media Aren't Telling You

The mainstream media has decided to report, nearly exclusively, all doom and gloom. The good news in the NAR Pending Home Sales Index (see below) today was nearly ignored or buried deep in media websites. Here are 33 Facts that you should know that the
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Sadly...Halloween will be different this year!

For information on foreclosures and to search for foreclosures in the MLS for free, please visit my website at http://www.kimdarwaza.com .
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Pending home sales up 7.4% in August - USATODAY.com

Pending home sales up 7.4% in August - USATODAY.com The National Association of Realtors says pending home sales rose 7.4% from July to August, an unexpected piece of positive news for the battered U.S. housing market. http://www.usatoday.com/money/economy/housing/2008-10-08-pending-home-sales_N.htm
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Single Story For Sale in Manchester Lakes

Large Condo in Great Location • 927 sq. ft., 2 bath, 2 bdrm single story - MLS® $250,000 Manchester Lakes, Alexandria Property information
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Open House in Crestmont on Sunday

October 2008 Su Mo Tu We Th Fr Sa 28 29 30 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 31 1 2 3 4 5 6 7 8 Crestmont , Fairfax City - We invite everyone to visit our open house at 4125 Trowbridge Street on October 12

Atlas District (H) Street in Washington, DC Named Up-and-Coming Neighborhood by Business Week

The Atlas District (H) Street Neighborhood in Washington, DC was named one of the 15 Up-and-Coming Neighborhoods in the US by Business Week Magazine. The Atlas District neighborhood is located in the Northeast Capitol Hill area of DC. For additional information

Hopefully I will never make this mistake!

Luckily I have never been asked for this feature!
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A Little Encouraging Information

The Senate has passed the financial bailout and the House is expected to vote on Friday. Both Virginia Senators Warner and Webb voted in favor of the bailout plan. A few other potentially encouraging numbers... The national foreclosure rate on all mort
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