All about life and real estate in Loudoun County, Virginia
Seller funded down payment assistance programs are set to be eliminated by this fall, unless Congress approves the FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008 (H.R. 6694). The Department of Housing and Urban Development apparently would rather eliminate these programs entirely than regulate … [Read more...]
A few days ago I wrote that Fairfax County was considering buying foreclosed homes as part of a Silver Lining Program to expand affordable housing for county employees. My point was that Loudoun County, with a high percentage of foreclosed properties, should look at what Fairfax is doing with an eye on implementing something similar at home … [Read more...]
I was reading an article in the Washington Post this morning; apparently Fairfax County's Board of Supervisors is considering a "Silver Lining" program, in which the county would spend up to $6.4 million to help convert foreclosed homes into affordable housing for teachers, firefighters, and police officers who otherwise would not be able to … [Read more...]
A fellow Realtor and blogger, Danilo Bogdanovic, is cycling in the Tour de Cure to benefit the American Diabetes Association on June 8th in Reston, Virginia. Please consider helping him reach his goal of raising $250 by visiting his site here and sponsoring him. Some employers are offering matching gifts, so make sure to check at the … [Read more...]
