va: Earnest Money: Staying OUT of Default chosing the right Loan Officer - 08/13/12 03:44 AM
Earnest Money: Staying OUT of Default and chosing the right Loan Officer:
This discussion is a broad discussion and should NOT be construed as legal advice in any specific case. If you questions about any specific situation, please contact your real estate attorney.
"Earnest Money" and "Contract Default", are complex concepts for attorneys and the very experienced Realtor(s) alike to fully understand andnavigate through, let alone the average Home Buyer and Seller in today's real estate market.
Each state and local jurisdiction has it's own unique laws addressing these topics. Each Local Realtor(r) Board produces sales contracts and addenda that address these concepts to … (1 comments)

va: Financing Contingency Expiration in Virginia, Washington DC, Maryland - 04/21/11 06:28 AM
Cautions about Financing Contingencies in Virginia, DC, MD
In my continuing effort to educate folks about relevant recent experiences that might be useful reminders to buyers and sellers alike, I offer my latest topic of discussion regarding the Expiration of Finance Contingency.
Most local regional home resale contracts are drafted with a financing contingency deadline. Typically this deadline is 21-30 days long but that can vary.
An important note to keep in mind for home buyers and sellers alike is that depending on the contract written, this contingency is usually automatically continued until the seller initiates a NOTICE to the buyer … (0 comments)

va: What is the most-least expensive area to buy sell real estate? Comparing real estate transfer/recordation taxes in DC/VA/MD - 12/13/10 10:15 AM
I can't tell you how often I get that question or some variation of it in the conduct of my real estate business in a tri-jurisdiction region. Buyers want to see where they will get the biggest bang for their dollars.
In-arguably, the Metro Washington DC area and local suburbs have seen the strongest and most robust real estate environment of any metropolitan area in the nation. Taxes play a big part in the list of important factors. This discussion is related to the kinds of taxes each jurisdiction home purchaser is likely to encounter
Here is a comprehensive breakdown for … (1 comments)

va: National Association of REALTORS® Releases long awaited Ethics and Standards January 1, 2011 - 12/09/10 05:38 AM
In the recent National Association of REALTORS®, National 2010 Convention, final approval was ratified for several changes to the Standards and Ethics policies all REALTORS® are obligated to conduct themselves with in the conduct of their business.
Among these changes is the long awaited extension of protections regarding housing discrimination against gays and lesbians.
The National Association of Gay and Lesbian Real Estate Professionals was instrumental in bringing about the changes to the code of ethics and standards and it is a long overdue provision that simply reflects the view of the American Public at large.
Local REALTOR® organizations like the … (0 comments)

va: Military and Veteran Home Buyers: The VA Loan vs. the FHA Loan - 12/07/10 06:21 AM
A VA Loan is often a cheaper alternative for active duty and my fellow Veteran service members of the US Military and Reserves with little "Up-Front" cash to put into a purchase transaction.
The VA Loan does some things that make it unique and highly desirable for many home buyers in today's home finance options search. But it is not necessarily the best option for your needs.
Leveraging the up front costs versus the long term benefits of a particular loan program will be important to consider.
Here are some common Facts about VA Loans:
"There is no Mortgage Insurance on a VA Loan"
(1 comments)

va: FHA loans: Navigating the process- Part 1 Introduction and Mortgage Insurance - 11/10/10 07:28 AM
Many years ago when I began my real estate career, FHA mortgages were the dread of real estate professionals. The process was so restrictive and cumbersome that it really was quite unpallatable to work with FHA home buyers.
Home Sellers and Listing Agent's did not want to see an FHA contract because it meant that the seller would have to spend more money just to satisfy the requirements of FHA funding rules.
Buyer's agent's reluctantly took on FHA buyers knowing that getting an FHA deal through would be like threading a camel through the eye of a needle.
Today's FHA:
Through the … (1 comments)

 
A. Daniel Bouchard, Licensed in DC/VA/MD (CDPE) (DanSellsDCVA RE/MAX 100)

A. Daniel Bouchard

Licensed in DC/VA/MD (CDPE)

Washington, DC

More about me…

DanSellsDCVA RE/MAX 100

Address: Washington DC MD, VA, 20005

Office: (703) 642-7555

Mobile: (202) 309-2339

Topics on the practice of Residential Real Estate in the Metro Washington DC, Maryland and Virginia market area. Contracts, Ethics, Certified Distressed Property Expert, 203K FHA Purchase-renovation projects/loans, luxury properties, Virtual Tours, 17 year licensed Realtor experience. Condos, detached homes and townhouses.


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