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Friday, March 19, 2010 3:28 PM

Attention Homebuyers: Double-Barrel Stimulus Deadlines Threaten Rates and Affordability; The Time to Act is NOW!

The great author and speaker Og Mandino once said, "I will act now. I will act now. I will act now." This is great advice for prospective homebuyers over the next 45 days, as two key government programs that have kept home ownership more affordable
Posted by Kim Darwaza | 0 Comments
Thursday, March 18, 2010 1:45 PM

Watch out for FHA changes on April 5th, 2010

Effective April 5th, 2010 Increased Upfront Premiums : Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront mortgage insurance premium of 2.25 percent from 1.75% . This policy change will
Posted by Kim Darwaza | 0 Comments
Thursday, January 21, 2010 3:05 PM

Changes to FHA Guidelines for Buyers

Well, it was predicted that FHA was going to make some changes and they were just announced today. These are the changes that buyers need to knnow about" * Upfront MIP raised to 2.25% from 1.75%. This will be effective in the Spring on case assignments
Posted by Kim Darwaza | 0 Comments
Monday, January 18, 2010 10:55 PM

FHA Lifts 90-day waiting period

HUD announced that they will allow purchasers using FHA loans to buy properties that have been owned less than 90 days by the sellers. This should help homebuyer's to secure homes that they have been unable to make offers on. Since a lot of flipping
Posted by Kim Darwaza | 0 Comments
Saturday, July 11, 2009 7:40 AM

June 2009 Northern Virginia Real Estate Statistics

Northern Virginia: June 2009 The Northern Virginia Association of Realtors® reports on June 2009 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.
Posted by Kim Darwaza | 0 Comments
Monday, July 06, 2009 10:23 AM

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
Posted by Kim Darwaza | 0 Comments
Attachment(s): Credit towards Closing Costs flyer.pdf