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July 2009 - Posts

20540 Tidewater Court in Lowes Island is Sold!

Lowes Island, Potomac Falls - The 3 story at 20540 Tidewater Court has been sold. Property information
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Housing Prices Rise in May

Average U.S. home prices have started to rise, according to a monthly report from the Federal Housing Finance Agency. FHFA says U.S. home prices rose 0.9 percent from April to May. The biggest gains were in the battered Pacific region, where average prices

18555 Dettington Court in Potomac Station is Sold!

Potomac Station, Leesburg - The 3 story at 18555 Dettington Court has been sold. Property information
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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® $660,000 - Reduced!. Property information
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RE/MAX Partners With RealtyTrac

RE/MAX International Inc. announced that visitors to remax.com soon will be able to search more than 1.8 million REO properties in the U.S. via a partnership with RealtyTrac (www.realtytrac.com). Through the partnership, RE/MAX Associates receive discounted

Using The Tax Credit Towards Your Downpayment on an FHA Loan

Virginia is one of the 11 states where first time home buyers may use the credit towards their down payment. I am attaching an informative flyer that you may download which has been provided by the National Association of Realtors. This can be used in

What Buyer's Need to Know Before Making an Offer

I read this really great article on things buyers should know before making an offer on a property http://realtytimes.com/rtpages/20090629_buyers.htm . A lot of the items are things that I preach to my clients on a regular basis. Some of the highlights

Freddie Mac Allows Refinancing of 125% of Homes Value

Freddie Mac announced Wednesday that it would offer loan-to-value ratios on home mortgage refinancings of up to 125 percent for qualified borrowers. The announcement comes as the Obama administration raised the maximum allowable loan-to-value (LTV) ratio