homes for sale reserve: HIGH RISK RATING BY FANNIE MAE?? HOW ACCURATE IS IT? - 02/11/08 06:30 PM
FANNIE MAE DEFIES LOGIC!!
* * * * WARNING, HARD CARE REAL ESTATE TALK * * * *
THEY HAVE RATED MCLEAN, IN FAIRFAX COUNTY, VIRGINIA, A HIGH RISK AREA for mortgage financing.
The median income for McLean is about $128,000. I say about because most of the reporting sources are using old income data. The average income in McLean for families with children is about $222,918. I suspect that if income data for some areas in McLean was available, it would show incomes in the average $350,000 range.
The average list price for all homes, detached single family, town homes and … (55 comments)
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homes for sale reserve: MCLEAN VA REAL ESTATE, MCLEAN REAL ESTATE, IMPORTANT FACTS FOR NEGOTIATION TACTICS - 01/21/08 06:11 PM
MCLEAN HOMES are very popular in Fairfax County, MD. People buy homes in McLean because of the convenience of commuting to Washington, D.C., wonderful shopping at Tyson's Corner, highly ranked public schools and luxurious homes in all areas.
When considering buying a home in McLean, VA, buyers should be aware of not only the price that similar homes in the area sold for, but also the details of the most recent homes SOLD. Buyers should consider how long a home has been on the market listed for sale, what was the original list prices of homes that sold and how a seller subsidy affected the NET proceeds.
LUXURY HOMES … (9 comments)
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