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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 […]

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 […]

Cost Interest Rate Makes

Cost Interest Rate Makes : Mortgage interest rates have come a long way in the last 30 years. The rate you secure directly impacts your monthly payment on your home and the amount of house that you can afford if you plan to stay within a certain budget. Mortgage interest rates are at their lowest […]

First Step to Buying a Home is a Pre-Approval

In most areas of Northern VA, the number of buyers searching for their homes greatly outnumbers the amount of homes for sale. This has led to a competitive real estate market where buyers often need to stand out. Prove you are serious the first step to buying a home is a pre approval before starting […]