Okay, driving through Fairfax County I share my thoughts on the essentials of knowing your FICO Score and the importance of getting a credit report early on in the home buying process. If the FICO Score isn't 700 720 then there may be ways to improve it... since 720+ is the magic number for availability and good pricing. So after you have Continue Reading
Local Stories
The following is an archive of my articles about builders, strategies, home inspections, financing, painting, staging, tips, and skills. Start reading and you can search the archive anytime.
Figuring out the McLean Real Estate Market – August 2009
There have been some impressive claims about the real estate market in August, but there is a sharp dividing line between McLean 22101 and 22102. Yes, 22101 saw some good real estate sales numbers. The strength of the McLean home market is its strategic location keeping this area in demand since access to D.C., Tyson's, Arlington plus Dulles and Continue Reading
Figuring out the Vienna Home Market… August 2009
I understand that you are bombarded with August's real estate sales data, but I always like to keep it simple, and the Vienna home market in the 22182 zip code was actually pretty flat versus 2008... which may be good news to some of you. But, if you are a seller with a home priced over $800,000 then you are still searching for a needle in a Continue Reading
Digital signature saves the home sale negotiation!
One of my real estate associates at RE/MAX Presidential recently went on a vacation and I agreed to handle her clients. Yes, we all need vacations (even real estate agents) to recharge our batteries and add a little adventure to our lives. In her case, it was a motorcycle trip in Wyoming and Montana with her husband. One of the cases involved a Continue Reading
Are you thinking about RE BarCamp DC in October?
Hopefully it isn't too late for you to register to attend RE BarCamp DC being held on October 27th, 2009 at the NVAR Herndon Center near the Reston Town Center. It's free for attendees but you need to register right now. To see who is coming, you should check here. Let me be clear; this is not a conference with a featured speaker, there will not Continue Reading
The truth about Option-ARM’s and traditional ARM’s
What the heck is an Option-ARM and why do they get headlines? In the Option-ARM mortgage, the borrower can decide how much she will pay each month. For example, the true Principal and Interest payment is $1,500 per month but the borrower decides to pay only $1,300 per month. That extra $200 per month then gets added to the principal due. It Continue Reading
Home buyers need a plan, and be ready to pull the plug…
It has taken a couple of months, but you are now walking up the stairs and into your new home. It’s actually a little bigger than you thought and you can’t wait to paint the kitchen, replace the carpet, get the FiOS set up, and turn in the keys at the old place. Maybe even take a dip in the pool! Nice story, but this is the type of mental image Continue Reading
Filling in the Vienna Insider’s Guide… slowly
Most of the time putting together this blog is so exciting that I can't wait to get rolling every day. But often it seems like it may never get done since every new idea breeds another, and yet another brilliant idea. And the actual selling of real estate gets heavy too. As a result, my older concepts get back-logged as I try to produce Continue Reading
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