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Archive for 'Buying Advice'

What is Needed to Claim the Tax Credit?

What is Needed to Claim the Tax Credit?

All of you new homeowners in Arlington, VA out there that took advantage of the first-time homebuyer tax credit are probably wondering what is needed to claim the tax credit.  I hope your Realtor® has informed you as they should have.  There is no reason for you to struggle for that information.  If you haven’t [...]

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Homebuyer Tax Credit Surprising Facts

Homebuyer Tax Credit Surprising Facts

Time is running out for those that want to take advantage of the first-time homebuyer tax credit.  Most of you buyer’s out there just know that there’s $8,000 involved.  Well here is the fine print that you may not seen.  Not saying that the credit isn’t good, just giving you the “other” info that no [...]

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Top 10 Smartest Cities to Buy a Home

Top 10 Smartest Cities to Buy a Home

Everyone wants to obtain the American Dream by starting a family and owing a home.  Of course, you have to take into consideration the spread between what you would spend on renting a place and what you would pay for a mortgage.   The premium to buy is much lower than the 15 year average in [...]

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Foreclosures: Not for the Faint Heart

Foreclosures: Not for the Faint Heart

I’ll be completely honest with you.  Foreclosures aren’t always the best deal in town.  They often are not in move-in condition and the bank addendum is very scary for first-time homebuyers.  You are purchasing the home in “as-is” condition so the bank has to cover themselves from you coming after them if someone is wrong [...]

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Tips for Getting Those Foreclosure Deals in Northern Virginia

Tips for Getting Those Foreclosure Deals in Northern Virginia

When you’re not careful, buying a REO or Short Sale can drain your bank account.  REO or bank owned properties can have major complications without inspections and short sales can take forever to close, wasting your time.  Be smart if you’re looking to buy a foreclosure in Northern Virginia.
Here are some tips to get the [...]

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