Category Archives: Mortgages

Are Northern Virginia Luxury Homes Seeing Upward Trend in Foreclosures?

According to results from the Metropolitan Regional Information Systems, Inc (r), of homes that sold for over $1,000,000,  58 sold transactions were recorded in the MRIS (r) (homes listed through the MLS provider for the Greater DC area) between January … Continue reading

Posted in Distressed Properties, Foreclosures, market trends, Mortgages | Tagged | Leave a comment

Why That Fixer-Upper Might Not Be the Right Purchase for You

It’s natural to want a deal and what better deals are out there than fixer-uppers? But does this home purchase make sense for you? Here are some things to consider ahead of time. • I’m handy but not a professional. … Continue reading

Posted in Auctions, Distressed Properties, Fixer Upper, Foreclosures, Home Buyers, Home Repairs, Mortgage Lending, Mortgages, Short Sale | Tagged , , , | Leave a comment

Why Use a Realtor® with New Home Construction?

What is the need if the sales representative in the builder’s sales office can write up the offer for me? That’s a legitimate question and an easy one to answer. There are obvious reasons and then not-so-obvious ones. 1. The … Continue reading

Posted in Home Buyers, Home Inspectors, Lending Institutions, Mortgages, New Homes Construction, Stafford County Homes, Stafford County Real Estate Market | Tagged , , , , , , | Leave a comment

10 Terms First-Time Home Buyers Should Know

As first time home buyers prepare for the spring and contemplate whether to purchase or continue renting, this article is an excellent guide to navigating the often confusing language within mortgage lending! As a veteran agent, I still have trouble … Continue reading

Posted in First Time Home Buyers, Home Buyers, Mortgage Lending, Mortgages, Uncategorized | Tagged , , , | Leave a comment

Northern Virginia Real Estate Trends To Expect in 2015

  There is much to look forward to where the real estate market in Northern Virginia is concerned – but it’s difficult to do so without reservation.  After surviving the Great Recession of 2008, we are left a bit hesitant to jump into any … Continue reading

Posted in DC real estate, Fannie Mae, First Time Home Buyers, Freddie Mac, Home Buyers, Home Sellers, Lending Institutions, market trends, Military Buyers, Mortgage Lending, Mortgages, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

So You Say You Want a Great Deal on a Short Sale?

What you don’t know in real estate is always the biggest challenge we face as consumers. How can you find out about that home you so desperately want so you can make a smart offer? With a short sale, there … Continue reading

Posted in Foreclosures, Home Buyers, Home Inspectors, Home Repairs, Home Sellers, Mortgage Lending, Mortgages, Short Sale, Uncategorized | Tagged , , , , , , , , , | Leave a comment

The light at the end of the tunnel?

Continued good news coming from the National Association of Realtors (r)….pending home sales have increased 8% since this time last year. Watch the video for details! Irene Morales Ward Northern Virginia Real Estate

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Credit requirements loosening = Housing recovery?

Capital Economics. an independent global macroeconomic research and consulting firm,  reported on January 13, 2012 that as banks begin to lend more freely, housing sales appear to be rebounding.  A few key changes are helping make this possible. Stabilizatoin of mortgage … Continue reading

Posted in Fannie Mae, Freddie Mac, Lending Institutions, Mortgages | Tagged , , , , , , , | Leave a comment