LoCo Musings

Mortgage

  • Nehemiah and Ameridream Down Payment Assistance.. a reprieve?

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    Heather Elias

    According to Inman News today, HR 6694, a bill in Congress right now that would craft a compromise to allow down payment assistance programs to continue, seems to be gaining momentum.  It looks like they are considering FICO score guidelines in the compromise; the bill was presented after Congress passed HR 3221 on July 30,…

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  • Short sales, foreclosures, bank owned…what’s the difference?

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    Heather Elias

    Given the high number of ‘bank involved’ listings in Loudoun County right now, I thought I should clarify what many of you are hearing about in the media, or maybe even noticing in the comments section of listings of homes for sale. There are different types of ‘bank involved’ situations with homes for sale in…

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