If you’re thinking of selling or buying a home in Northern Virginia, you’ve no doubt heard the term “comps.” So what are comps, and why are they important to know and understand when either pricing a home for sale or considering the terms of your offer? What Are Real Estate Comps? Real estate comps — […]
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Is It Time to Cancel the Mortgage Insurance?
Mortgage insurance benefits the lender if a borrower with less than a 20% down payment defaults on their loan. Most conventional mortgages greater than 80% and all FHA loans require the borrower to have this coverage. Private mortgage insurance on conventional loans can range from 0.5% to 2.25% based on the loan-to-value and the credit […]
7 Tips for Improving Air Quality in Your Home
What if improving air quality in your Springfield home could better your health and possibly even save your life? We have adapted our lives to spending more time indoors than ever before. But while we’re try to avoid viruses and contaminants that may be transmitted around us, it’s important that we tackle our indoor home […]
“Pandemic Greed” — Is It Real?
Pandemic Greed is a new term and something you should understand. It’s rather unique and maybe you’ve heard of it or maybe you haven’t. Maybe you heard that vintage cookware was selling well on online auction sites and started scouring your cupboards and basement. Or perhaps when the GameStop stock started rising you considered getting […]
Where Should You Buy a House in Fairfax County?
Fairfax County is a very popular area to call home. Whether you’re a first-time homebuyer or you’re relocating to Fairfax County from another city or state, finding the right community makes a difference. There are many places to buy a house in Fairfax County. There are several very popular neighborhoods and nearby communities to consider. […]
Community Events for the Week of February 15-21, 2021
There’s always so much happening in our community! Check out these fun events taking place in the Springfield and Burke areas during the week of February 15-21, 2021. Community Events To Consider This Week Reading Events Barnes and Noble (Loisdale Center, 6646 Loisdale Rd., Springfield) is hosting a reading Fun Days event at 2:00 pm […]
Make Your Best Offer FIRST
This strategy is not about trying to negotiate the best price; it is about beating out the competition and buying the home. It may be difficult to understand until you have lost a few homes to better offers but when the reality of the situation is that there are not that many homes on the […]
Buying a Second Home: What You Should Know
With interest rates at record lows, many believe it is the best time for buying a second home — or a first one. Owning a second home can provide retirees, or even younger families, a mountain retreat, a house at the beach, or even a near-city getaway for family vacations or quick weekend excursions. However, […]