All about life and real estate in Loudoun County, Virginia
Our good friend Scott Fournier, of Integrity Home Mortgage Corporation, sent over some news that I thought you might find helpful for your home shopping this spring: The U.S. Department of Housing and Urban Development put out a report detailing upcoming changes to FHA mortgage interest premiums (click here to see the pdf from HUD). Annual … [Read more...]
Sometimes the question isn't whether or not to sell your home, but rather should you refinance your mortgage to make life more affordable in your current situation. Our good friend Scott Fournier of Integrity Home Mortgage offers these suggestions based on some of the new laws that have been established recently: Conventional loans (not … [Read more...]
As a home buyer or refinancing household , you have choices with respect to your mortgage. You can choose a loan with accompanying discount points in exchange for lower mortgage rates; you can choose adjustable-rate loans over fixed rate ones; and, you can choose loans with principal + interest repayment schedules or repayments which are … [Read more...]
"A journey of a thousand miles begins with a single step." That's how the saying goes, right? Also how buying a home goes, although hopefully the experience doesn't feel like a thousand mile trek. If you are thinking about buying your first home, or if it's been a long time since you've been through the process, the first step can be the … [Read more...]
(photo credit: Cayusa) I was having a conversation with some buyer clients of mine recently about new construction, and builder contracts. They were surprised to learn that I could represent them as their buyer's agent on a contract to build a new construction home. Indeed, they didn't know, and hadn't considered it before I mentioned it. … [Read more...]
