buying a home: Closing Costs When Buying A Home
- 03/09/17 07:07 AM
Closing costs are often the last thing a person thinks of when buying a home. While closing is the joyous moment the home becomes yours, the costs can be surprisingly aggravating. When you purchase a home, condo or other property, you will go through a period known as escrow. During escrow, various issues related to the property transfer are worked out. The last day of escrow is known as the closing day and you are going to be paying closing costs. Closing costs come in many forms. Some involve significant dollars while others are relatively painless. Here’s a list of typical costs: Escrow Fees An … (2 comments)
buying a home: 9 Tips for Buying a Home Without Breaking the Budget
- 01/19/17 08:03 AM
If you want to buy a home, but aren’t sure if your budget can handle soaring real estate prices, we’ve got good news. There are things you can do to stretch your buying power. With the help of your real estate agent – and these 10 tips – you can become a savvy home buyer without breaking your budget. We’ll also tell you how to save thousands on your purchase! 1. Get pre-approved for your home loan. This means, fill out a loan application and go through the process of securing financing. That way, when you’re ready to seriously evaluate real estate, you’ll … (6 comments)
buying a home: On pre-approval, before home shopping
- 11/16/15 12:26 AM
Obtaining pre-approval from a bank is a daunting process. It is time consuming both due to the delay and because of the amount of paperwork required to satisfy a lender of your credit status. It is, without a doubt, the most pressing matter before beginning your home search. Proceeding without this step can lead to angst and lost time, energy and opportunities. Without pre-approval you’ll be facing the following pitfalls very quickly: Offers will be rejected in favor of lower offers by pre-approved buyers. Delays can result as you await approval by your bank. Too late you may find the home you … (2 comments)
buying a home: What to Consider Before Buying a Home
- 10/05/15 06:55 AM
BudgetHow much you can afford is very important to consider when buying a new home. As a rule of thumb, some experts suggest paying 25% of your salary towards your mortgage. Fortunately, for people living in Northern Virginia, there are several job centers like the Mark Center, Inova Hospitals, USPTO, NOVA Community College, Fort Belvoir and Reston Town Center in the area which offer high paying salaries. SizeWould you like to have roommates? Do you have a wife and plan to start a family? These are questions to consider before taking the step towards home ownership. Depending on your circumstances you might … (0 comments)
buying a home: Buying a Home This Spring? Simple Steps to Reduce Your Mortgage Costs
- 04/29/14 12:58 AM
Buying a home this spring? Simple steps to reduce your mortgage costs, is an interesting article that can help potential buyers. For more specific information about buying a home this Spring, continue reading below. Mortgage rates may rise or fall this spring (lately they seem to be falling!)—but that needn’t prevent you from saving even more money when it’s time to structure your own mortgage. The under publicized fact is that mortgage rates are only one of the factors that affect how much you wind up paying. No matter what happens to mortgage rates in 2014, here are some keys to … (0 comments)
buying a home: Buying a Home-What To Expect Once Escrow Is Opened
- 04/22/14 12:34 AM
Buying a home, what to expect once escrow is opened, is an interesting article about the home buying process. For more specific details about what to expect once escrow is opened, continue reading below.
Buying a home can be quite an exciting experience. It can also be scary if you don't know what happens once your offer has been accepted. You need an experienced agent to help you feel comfortable and to walk you through the entire process.
Once your offer is accepted, you typically have a time period to do your inspections. This can vary from State to … (5 comments)
Rates are typically lower because demand is lower. End of year sellers are typically very serious and may have tax reasons to want to sell before year end. Less competition can mean lower prices. If you’ve been considering buying a home,read more here: Real Estate News See all Real estate in city of Burke. … (1 comments)
buying a home: I Want To Buy A Home Being Sold By Owner
- 01/22/14 11:45 PM
I want to buy a home being sold by the owner, is an interesting article that offers some insight on this aspect of the real estate process. For more specific information, continue reading below. Palm Harbor Florida Homes Being Sold "For Sale By Owner" Selling for sale by owner (FSBO) in a seller’s market is a popular idea. Buying a FSBO can be a challenge. When you are seriously looking at a home that is for sale by owner there are three things that you, as the buyer, should be aware of and looking for: pricing, motivation and disclosures … (1 comments)
buying a home: Buying a home ... in this economy? --- Yes, in this economy.
- 03/05/09 10:21 PM
These are the scariest economic times that I can remember. The President of the United States is attempting to instill confidence by telling us to act quickly or we face certain doom. The Congress is saddling the nation with mountains of debt called "investment" and drafting a spending bill with another 9,000 earmarks. Meanwhile, despite the distraction of a sideshow fight between Presidential advisors and a radio talk show host, the stock market is tumbling. I have friends that have lost hundreds of thousands of dollars of value in the stock market. Who knows when and where it will all end … (6 comments)
Neighborhood notes, local features and tips for buyers, sellers, renters and landlords in Northern Virginia especially Alexandria, Arlington, Fairfax and Falls Church. Including fast and free property search tools.
Closing costs are often the last thing a person thinks of when buying a home. While closing is the joyous moment the home becomes yours, the costs can be surprisingly aggravating.
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