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Homebuyers Lose $1.5 Million in Wire Scam

The Wire Scam Just days before settlement on the sale of home in Northern VA, emails will abound between homebuyers, home sellers, Realtors, lenders and title companies.  Among the chaos, thieves initiate their scam to rip off unsuspecting homebuyers of their cash and the realization of buying a home! An unsuspecting home buyer receives an […]

Northern VA Homes Must Be Sold TWICE

In today’s housing market in Northern VA, where supply is very low and demand is very high, home values are increasing. Many experts are projecting that home values could appreciate by another 4%+ over the next twelve months. Sometime Northern VA homes must be sold twice because of the challenge this creates with the bank […]

5 Reasons Why Not For Sale By Owner

In today’s hot Northern VA market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own. This is known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast […]

The Truth about RENTING vs. BUYING in Northern VA

CNBC’s Diana Olnick recently reported on the latest results of the FAU Buy vs. Rent Index. The index examines the entire US housing market and then isolates 23 major markets for comparison. The researchers at FAU use a “‘horse race’ comparison between an individual that is buying a home and an individual that rents a […]

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 […]