22205 : Real Estate Advice

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Jim McCowan, Real Estate Pro in Arlington, VA
Jim McCowan answered:
My husband's looking 2 buy house or property 2 build-he may be changing employers soon-will he have 2 wait years b4 he can try 4 a loan approval?
No at all! As long as he has had a continuous employment and can document it, there shouldn't be a problem! Let me know if I can help with anything. I also live in the 22202 zip ... more
0 votes Share Flag Sun Oct 24, 2010 Financing in 22202
Cindy Jones, Real Estate Pro in Alexandira, VA
Cindy Jones answered:
Is it legal for a seller to list/sell/be under-contract on a home he hasn't purchased/closed on yet?
If you are represented by an agent have them talk to you about the issues. There are some disclosures that should have been in place at the time you went under contract. As a third pa ... more
0 votes Share Flag Sat Feb 19, 2011 Home Buying in Arlington
Jim McCowan, Real Estate Pro in Arlington, VA
Jim McCowan answered:
When I married my husband he already had a home in Florida (primary). We never put my name on the mortage or title. What happens if he passes away?
Check with the settlement company in FL to see what the laws are there. My guess is that if you aren't on the title and he has no will, it will go to his heirs. The settlement co ... more
0 votes Share Flag Tue Aug 10, 2010 Home Buying in 22201
Jay Hurst, Real Estate Pro in Washington, DC
Jay Hurst answered:
I would like to add my mother's name to the deed of the house I am purchasing. However, her name is not going to be on the mortgage - just the
A closing attorney can handle this for you.

Best-
Jay Hurst
703-626-3855
0 votes Share Flag Wed Sep 22, 2010 Home Buying in 22201
Jim McCowan, Real Estate Pro in Arlington, VA
Jim McCowan answered:
Does anyone know the disclosure vs disclaimer laws for VA, MD and DC? In which areas must an owner disclose?
I can't speak for MD, but in the DC contract, there is a three page full disclosure form. VA is a buyer-beware state. The disclaimer form in the contract states that the seller m ... more
0 votes Share Flag Sat Jul 24, 2010 Home Buying in Arlington
Sara Rubida, Real Estate Pro in Arlington, VA
Sara Rubida answered:
What's the average price for single family house, 3BD2BA, in Arlington, VA? I'm saving and planning to buy in 2 yrs. Not sure if it's
Hi Bb, there is no end of statistics and data to answer your question. As of about noon today, there are 46 Active listings for detached homes in Arlington with 3BR and 2BA. They range ... more
0 votes Share Flag Sat Jul 24, 2010 Home Buying in Arlington
The Medford…, Real Estate Pro in Fremont, CA
The Medford Team answered:
Looking for a good Realtor!
Michelle:

REALTORS® are not supposed to use this Q&A forum to promote themselves, however, you can definitely look here for PROS in your area. Hopefully you won’t get i ... more
0 votes Share Flag Mon May 24, 2010 Home Buying in 22202
Carmen Di Bi…, Real Estate Pro in New City, NY
Carmen Di Biase answered:
can i get an FHA loan on a foreclosure with mold?
You are correct in saying that FHA has a "no nonsense" policy when it comes to mold. Understand that FHA's primary concern is the safety of the property. I have sold 2 ... more
0 votes Share Flag Wed Oct 16, 2013 Foreclosure in Arlington
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
what outside companies (3 rd party) make a decison or provide credit check/score and other infothat either allows one to be accepted for an apt.?
There are lots of companies out there that provide those services to owners and landlords.

Here's a link to a Google search that will bring up tons of them: http://www.google.co ... more
0 votes Share Flag Thu Apr 15, 2010 Rental Basics in 22203
Delaine Camp…, Real Estate Pro in Alexandria, VA
Delaine Campbell answered:
what outside companies (3 rd party) make a decison or provide credit check/score and other infothat either allows one to be accepted for an apt.?
Applications are normally run for credit using the 3 major credit companies: TransUnion, Experian, and Equifax. A company can get a combined report or sometimes they just run one. A de ... more
0 votes Share Flag Fri Apr 16, 2010 Rental Basics in 22203
Marcia Burgos, Real Estate Pro in Arlington, VA
Marcia Burgos answered:
I am applying for a 30 yr FHA loan. My Loan officer is quoting me an outrageous price for the FHA appraisal - what recourse do I have?
You should be able to switch without a problem. If you haven't paid any money yet then you haven't lost anything. You will have to fill out another application and have your ... more
0 votes Share Flag Fri Apr 9, 2010 Financing in Arlington
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
We are trying to determine the fair market value of 4615 N. 36th st. in Arlington, VA 22207 in 1996
Confer with the buyer agent who will provide you all the data in order for your submit a sales offer. Many factors come into play in order to comp a home for sale or purchase.

Hire ... more
0 votes Share Flag Mon Oct 4, 2010 Market Conditions in Arlington
Fred Glick, Real Estate Pro in Mountain View, CA
Fred Glick answered:
Can I solely pay a mortgage in my husband's name?
Not a problem since you will file a joint return!

The mortgage company just likes to get their money and the IRS allows the deduction up to 100% of the interest and not more.

As l ... more
0 votes Share Flag Fri Feb 26, 2010 Home Buying in 22201
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
What are my options when a seller and his listing agent ratify two contracts?
Alex there are alot of variables here, first the only wany you can know for sure is to check with a real estate attorney in your area as laws regarding contracts can differ from state t ... more
0 votes Share Flag Wed Sep 22, 2010 Home Buying in 22201
Danilo Bogda…, Real Estate Pro in Reston, VA
Danilo Bogdanovic answered:
What's the best NORVA deal for a townhome in the $500K range near a metro station? We just moved into the area and would like ideas on where to
James,

The Metro Rail's Orange Line runs through Northern VA. It has several stops in Arlington, two in Falls Church, one in Dunn Loring and one in Vienna.

You can find town ... more
0 votes Share Flag Thu Jan 7, 2010 Home Buying in Arlington
James Downing, Real Estate Pro in Clearwater, FL
James Downing answered:
I'm a realtor with a listing that won't be put in the mls. How can I get it on Trulia.com for the general population to see?
Why on earth would you not put in the MLS?
0 votes Share Flag Sat Dec 12, 2009 Home Selling in 22201
Matt Avery,  in Arlington County, VA
Matt Avery answered:
Can I qualify for a house of 850K with an income of 75K, down payment of 30% to 50%, and credit score of 620?
Hi Khoa. I would be happy to discuss your options with you and provide any assistance you may need in obtaining pre-approval. The fact that you have a solid amount of money to put dow ... more
0 votes Share Flag Tue Nov 24, 2009 Financing in 22209
Colin Storm, Real Estate Pro in Falls Church, VA
Colin Storm answered:
Avg price per sq ft for an addition, contractor references.
Val, even with a straightforward box, quotes can vary depending on what you might want to accomplish regarding energy efficiency, what is chosen for the spacing of the framing, etc, etc ... more
0 votes Share Flag Mon Nov 9, 2009 Remodel & Renovate in 22202
John Shellin…, Real Estate Pro in Pearland, TX
John Shellington answered:
Is it possible for H-1b visa holders and/or F-1 students get a mortgage in the US? Non-resident aliens with 50% down payment shop for a loan in VA...
I've always been told that underwriting would require either a green card, H1 (3 year renewable visa), or an L1 (3 year renewable visa). This applies to conventional and FHA finan ... more
0 votes Share Flag Wed Oct 28, 2009 Financing in 22209
CCC, Home Owner in San Diego, CA
CCC answered:
I had this problem before. I keep getting a message that the pic is too big to upload. The last time I sent them via email to be posted.
Do you know how to "lower it"? Email them to me and I will do the trick and email them back to you.
Maybe your internet is not that good.

Email them and I will fix them ... more
0 votes Share Flag Wed Aug 11, 2010 Home Selling in 22206
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