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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
Thursday, November 05, 2009 5:44 PM

Northern Virginia Foreclosure Relief

Kim Darwaza of RE/MAX Allegiance launches website and marketing plan specific to homeowners facing foreclosure hardship in the Herndon, VA real estate market HERNDON, VA— Kim Darwaza of RE/MAX Allegiance a Herndon real estate specialist, has developed
Posted by Kim Darwaza | 0 Comments
Tuesday, October 27, 2009 8:46 PM

$8,000 Tax Credit and Expansion

The United States Senate is expected to vote, later today, on a bill to extend Unemployment Insurance benefits. This bill will contain the Dodd - Lieberman - Isakson Amendment to Extend and Expand the $8,000 First Time Homebuyer Tax Credit. The Extended
Posted by Kim Darwaza | 0 Comments
Wednesday, August 19, 2009 8:39 AM

1st Time Homebuyer Seminar - August 29th - Herndon, VA

You're Invited to Attend a FREE First Time Homebuyer Seminar Why wonder what it takes to buy a home in today's real estate market when you can get solid information? Our workshop will help you become a confident, educated homebuyer! Please view
Posted by Kim Darwaza | 0 Comments
Attachment(s): Homebuyer SeminarGrantElden with Kim's picture.pdf
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
Thursday, July 02, 2009 6:59 PM

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
Posted by Kim Darwaza | 0 Comments
Sunday, May 10, 2009 5:19 PM

This Week in Northern Virginia Real Estate - 5/10/2009

It was another interesting week in Northern Virginia Real Estate. First please enjoy a 10% discount on Lowe's purchases up to $5,000 by clicking the Lowe's banner above. I am still seeing low inventory in the $200-400k price range in and around
Posted by Kim Darwaza | 0 Comments
Sunday, May 10, 2009 7:14 AM

Freddie Mac Loan Options & Refinance Programs - Avoid Foreclosure

A friend of mine that works at Freddie Mac sent me an email with the following useful information. It has great information on when it is worth while to refinance even if you are not in trouble but just want to reduce your rate. I think the hardest qualification
Posted by Kim Darwaza | 0 Comments
Thursday, April 30, 2009 8:37 PM

This Week in Northern Virginia Real Estate - 4/30/2009

The 200-400k price range inside and around the beltway is still very hot right now. There was a property that came on the market Monday night in Burke. I showed it Tuesday afternoon around 3:30 and there were two other agents showing the property when
Posted by Kim Darwaza | 0 Comments
Thursday, April 23, 2009 1:36 PM

Move-Up Buyers - THE TIME IS NOW!

Now that the conforming loan limits are over $700k in Northern Virginia it is a great time to move-up. The $8k first time homebuyer credit stimulated the $200-400k price range in the close in suburbs of DC. The window for low pricing is definitely closing
Posted by Kim Darwaza | 0 Comments
Sunday, April 19, 2009 7:04 AM

The 2nd Wave of The Mortgage Meltdown is Beginning

I recently earned my CDPE designation, which is Certified Distressed Property Expert, and I am now qualified to help people in distress that need to short sale their homes. With the state of the economy and job loss there are many people who can no longer
Posted by Kim Darwaza | 0 Comments
Friday, April 17, 2009 1:00 PM

New Conforming Loan Limits in Effect - $729,750 in Northern Virginia

New loan limits for "conforming plus" loans are in effect as of today. The loan limit varies by county, but in DC and contiguous counties the limit is now $729,750. · On primary residences, banks can lend up to 90% LTV with 700+ credit
Posted by Kim Darwaza | 0 Comments
Sunday, April 12, 2009 1:41 PM

Same Model - Very Different Price - Inside vs Outside the Beltway

Recently I sold a Fairfield Model townhouse in the Newington Forest neighborhood of Springfield. The Fairfield model was a very popular model built by Ryan Homes in the 80's and are found all around the beltway in Northern Virginia. The open staircase
Posted by Kim Darwaza | 0 Comments
Friday, February 27, 2009 2:49 PM

NAR Response to Obama Administration Budget Plan

Most people think that REALTORS just help with buying and selling of homes but there is a lot more to our organization. We also lobby to help keep taxes down and conditions optimal in the real estate marketplace. Dear Fellow REALTOR®, You may have
Posted by Kim Darwaza | 0 Comments
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