Townhomes & Condos in Stafford Va
Searching for a Townhome or a Condo in the Stafford area. The market has shifted and the inventory is low and the amount of short sales and foreclosures on the market is extremely low. The builders have been out in the market for the past 2 years and are doing well. The intereste rates are still low and regular equity sellers are able to get back in the market and sell their townhome or condo. This is great news for buyers looking for a towhome or condo. You have choices and are able to get into the Stafford market while the home prices for townhomes and condos range from about $125,000 to $385,000. While the weather is still cold outside the Stafford market is hot!
Find out more about the market in Stafford by simply checking this link out. Market stats Sold and Active lisitngs The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
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No matter how good the credit rating, today's homebuyer no longer has the luxury of buying with little or zero down. Unless you are low-income with good credit, or a veteran, no-down loans are also a thing of the past.
Most lenders today want at least 20 percent of the loan amount as a down payment on a house. For a home priced between $168,300 and $287,500, a homebuyer would need to come up with between $33,660 and $57,500 just for a down payment. Then, there are closing costs to consider. These vary by state, but figure you'll pay over $2,000 on a $200,000 loan.
Saving up this money takes time and careful planning. The best way to start is by coming up with a budget that is realistic enough for you to stick with and by using other tips to help you get ahead financially. If you are looking to buy in the near future your first step is to speak with a lender to see how much house you qualify for.
Thanks for reading about Townhomes and condos in the Stafford Va Area!