A much-repeated investment strategy is to buy low and sell high. Some people who purchased around the financial crisis of 2010-2012 are poised to make considerable profits. The median home price in America is now $295,300 up from $155,600 in February 2012 which calculates close to an 8% annual increase. The median equity that homeowners […]
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Tips on Work From Home… Over the Holidays
We’ve all been home A LOT this year. So you may think you have your work from home routine on auto-pilot. But the holidays add a little extra to just about everything… and that includes added distractions for the many people working from home due to the COVID-19 pandemic. Whether you have more family in […]
Ice Skating near Springfield & Burke, VA
When it gets cold outside, Springfield and Burke area residents start looking for fun winter activities for the family to enjoy. And one of those cold-weather favorites is ice skating near Springfield and Burke. Fun and relaxing, ice skating is a great option for anyone looking to get a little exercise, spend time outside (or […]
DebtIncome Ratio Affects Approval & the Interest Rate
Debt-to-Income ratio is a tool that lenders use to qualify buyers for a mortgage and is an important factor in determining loan approval. It provides an indication of the amount of debt that a potential borrower is obligated to in relation to how much income they have. Total monthly debts are determined by adding the […]
What to Avoid When Writing an Offer Letter
With the market favoring sellers right now, offer letters are vital to your success. If you’re trying to buy a house in Fairfax or Springfield, writing an offer letter might be what puts you over the top. Whether you’re a first-time homebuyer or you’ve been through the process before, it’s important to understand the current […]
Buyer’s Closing Costs
Ideally, each party will pay their own closing costs associated with the purchase and the sale of a home, but they can be negotiable based on lender requirements and market conditions. The fees are usually paid at the settlement and will be itemized on the closing statement. Buyers should be aware of them before contracting […]
New Flooring? Hardwood or Carpet
Planning a renovation and trying to decide between hardwood or carpet? Each has beneficial qualities and characteristics, but if you are trying to make a decision on flooring, you’ll need to take an honest look at upfront and long-term cost, maintenance, durability, and even resale value. Flooring is the foundation for your home décor, and […]
Potential 2021 Housing Trends Sellers Need to Know
If you’re planning to sell your home in 2021, it’s a good idea to become aware of some of the hottest 2021 housing trends, upgrades, and home improvements buyers want. Preparing your home to hit the market will make a difference in how much it sells for and how fast it sells. Whether your home […]
