Everything You Wanted To Know About Real Estate
Entrepreneur, Real Estate Broker, Ironman, and soccer dad!
Got a Bank of America loan and trying to successfully complete a Short Sale? Well buckle up and read on, you have just found the right website! It has been my experience that Bank of America is one of the toughest lenders to work with in completing short sales. Here is what you need to know to successfully close a Bank of America Short Sale: The Paper Trail: Customers and Realtors I know describe working with BOA with words I cannot put on this blog without putting an … [Read more...]
So, we know that the housing market hasn’t really been that great over the last couple of years. There are a lot of people still underwater on their mortgages and yes, unemployment is also still a huge problem but all that, in my opinion, is changing and changing fast! A combination of a strong regional job market (after all real estate is local), crazy low interest rates (my last buyer secured a 3.75%, 30 year fixed rate VA loan), and low housing stock in the Northern Virginia … [Read more...]
Yes, I know, its only February but if you are even remotely interested in buying or selling a home this year then this is the time to start planning. Enough with the Blah, blah let’s get started!: Inventory: There continues to be this drumbeat of a massive influx of houses that are going to hit the market any day now. I’ve been hearing these rumors for over 3 years. If anything, the amount of inventory has steadily declined in both Fairfax and Loudoun County during the past 3 years. … [Read more...]
In the governments never ending odyssey to put an end to the current housing crisis FHA has put in some new guidelines to the FHA Streamline FHA process in hopes of helping homeowners refi into today’s lower rates. As with all the alphabet soup programs out there this program sounds great on paper but will it work? Here is a quick snapshot of what this program does and doesn't do: Does: If your loan is a FHA backed loan you can refi at today's low rates. Look to see if your mortgage is … [Read more...]
What are the top home improvements that you can make to help your home sale fast this spring without breaking the bank? Having sold Real Estate in the Fairfax and Loudoun county areas for many years I find that these easy (and cheap) home improvements will greatly help you sell your home this spring. Outside In Curb appeal is hugely important in this highly competitive real estate market. It’s that first impression that can mean so much to those picky buyers. The wintertime is an … [Read more...]
Chuck Rifae Associate Broker PenFed Realty Group 571-207-6390 Entrepreneur, Real Estate Broker, Avid runner, and soccer dad! Check out my about.me profile!
