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3 Important Tips When Applying for a Home Mortgage - 01/20/08 11:52 PM
The other day I received a call from a gentleman looking to refinance out of his 2-year adjustable rate home mortgage (2/28 ARM) that is now variable. These home loans are typically reserved for subprime borrowers due to a poor credit rating. Although this is not an ideal loan, he wasn’t in too bad of shape because he put a serious 20% down when he purchased the property. I couldn’t help but think that this guy took the 2-year ARM for a good reason (bad credit?). This wasn’t the case however. After running his credit and seeing that he had plenty … (0 comments)

Tips for Selling a High-End Home - 01/20/08 11:45 PM
Even Oprah Winfrey might have a hard time selling a mansion in this real estate market. Homes in great neighborhoods possessing exceptional architecture and well-landscaped gardens are suffering. During the housing boom, these properties practically sold themselves. Now, it’s not as easy as putting sign in your font yard.
Here are some tips for selling a high-end home in a soft real estate market:
1. Proper Pricing – No matter the size of your home, pricing will determine how long your home sits on the market. Don’t be afraid to drop the listing price to gain more interest. The chances are … (0 comments)

Thank You Bank of America! Sincerely, Countrywide - 01/20/08 11:43 PM
Bank of America’s agreement to buy mortgage giant Countrywide Financial in a $4 billion all-stock deal put investors at ease yesterday, sky-rocketing shares of Countrywide by 51%, after the mortgage crisis sank the stock below the $5 level. The deal gives Countrywide 0.1822 share of Bank of America for each share they own, valuing Countrywide at $7.16 each, a 7.6% discount.
This deal is a landmark in the mortgage crisis, given the history of Countrywide being the nation’s biggest mortgage lender until recently.
… (0 comments)

Selling Your Home in 2008 - 01/20/08 11:40 PM
All of a sudden, a light bulb goes off in your head and you want to sell your home. Well, if you plan on selling your home in 2008, then you need a game plan on how to make yours shine above the rest. Remember it’s more important to keep your home clean, and looking spacious, rather than upgrading everything in sight. If your home is in need of remodeling and you don’t want to do it, it isn’t a bad idea to credit the buyer so they can do the work themselves. If you want to save a few extra … (0 comments)

Buying a Home Online in the DC Metro Area - 01/20/08 11:38 PM

HomeZill is like having a real estate professional at your fingertips 24 hours a day! You can make an offer on real estate in Virginia, Maryland and Washington DC. Whether it’s a town house in Northern Virginia, a DC condo in Georgetown, or investment property in Bethesda MD, simply fill out the Express Offer to get started! And, since you are doing a good amount of the leg-work, shouldn’t you benefit? Well with HomeZill, you do! You will receive up to a 2% cash back VA, DC or MD rebate!
Search for a Home Our online navigation tools allow you … (0 comments)

 
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