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Potential Home Buyers Wrong About Down Payment

Mortgage professionals say that first-time buyers still believe a 20% down payment is necessary to buy in today’s Northern VA real estate market.  To be exact 69% of first time buyers believe this.  Translation: most potential home buyers  wrong about down payment needs.  A recent survey conducted by Genworth Financial Inc. at the Annual Mortgage […]

Can Your Real Estate Agent Answer These Important Questions?

Whether you are selling or buying a home in Northern VA, the real estate agent you hire is critical to guaranteeing your family makes the right decision. Most agents can walk you through the process and explain the industry ‘lingo,’ but you should expect so much more than that. The housing crisis made everyone aware […]

How Much Equity Do You Have in Your Home?

How Much Equity Do You Have in Your Home in Northern VA?  The Equity Report  by CoreLogic revealed that 91,000 properties regained equity in the first quarter of 2017. This is good news for the country, as 48.2 million of all mortgaged properties are now in a positive equity situation. Price Appreciation = Good News for Homeowners […]

First Comes Love… Then Comes Mortgage?

The National Association of REALTORS most recent Profile of Home Buyers & Sellers, reports married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.  This […]