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Michael Hamm…, Real Estate Pro in 30078
Michael Hammond answered:
What does the term 'short sale' mean? I've run across it twice now.
The lender is willing to accept an amount less than is owed on the loan balance.
0 votes Share Flag Thu Apr 9, 2009 Home Buying in Arlington
Ramesh Chand…, Real Estate Pro in Arlington County, VA
Ramesh Chandra answered:
House Swap? My Centreville 4 bed 3 1/2 ba. 2 car garage home for your Arlington house/townhouse?
I am an agent who works in Arlington area.
I don't have anybody who will swap right now.
I would like to meet with you in my office, to set some parameters on what you want to do.
Th ... more
0 votes Share Flag Sat Jun 20, 2009 How To... in Arlington
jmw, Real Estate Pro in Arlington, VA
jmw answered:
What does listing status APP REG means?
It means an application has been registered on the property.
0 votes Share Flag Sat Mar 14, 2009 Home Buying in Arlington
Betsy Twigg, Real Estate Pro in Arlington, VA
Betsy Twigg answered:
Looking for a piece of land in McLean/North Arlington (22207/22201).
Best way to buy land in the 22207 zip code is to find a tear down. There were two recent sales in Arlington of houses off Old Dominion Dr. which sold in the $600,000 to $650,000 for hou ... more
0 votes Share Flag Mon Aug 6, 2012 Home Buying in 22207
James Downing, Real Estate Pro in 33761
James Downing answered:
I'm a first time homebuyer. Where should I start? Find a mortgage lender? Get pre-approved? See an agent?
Joshua- I specialize in working with 1st Time Home Buyers. I would advise that finding an Agent to represent you should go hand in hand with finding a Lender. An good agent should be ... more
0 votes Share Flag Fri Feb 19, 2010 Home Buying in Arlington
Jane Jensen, Real Estate Pro in 22207
Jane Jensen answered:
are those houses for sale?
Mariaelena: Hi. Which houses were you asking about?
0 votes Share Flag Sat Jan 10, 2009 Home Selling in Arlington
AJ Heidmann, Real Estate Pro in Arlington, VA
AJ Heidmann answered:
Where can one find sales history for properties in Arlington?
Dan,

Arlington County has a similar feature available on the interenet to look up the sales history of a property. Go to the following link and enter the street address for the subj ... more
0 votes Share Flag Wed Jan 7, 2009 Home Buying in Arlington
Jacqueline H…, Real Estate Pro in Mendham, NJ
Jacqueline Haynes answered:
How long should I leave to look for a new home?
If you're looking at a short sale, then you should know that the process can be a long one. Banks can easily go 30 days before saying yes or no to your initial offer - and some can ta ... more
0 votes Share Flag Fri Jan 9, 2009 Home Buying in 22203
AJ Heidmann, Real Estate Pro in Arlington, VA
AJ Heidmann answered:
Name on Mortgage and Title - can I add my wifes name later? Can we use middle names on the tile?
Mike,

#1) If her income isn't needed and there is an appreciable difference in the rates/terms that you would receive, then just put yourself on the mortgage. You can always includ ... more
0 votes Share Flag Mon Jun 8, 2015 Home Buying in 22201
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
MORTGAGE RATES
Difficult to state a mortgage broker who can review your entire financial files will determine what is your best interest depends on short/long term goals, credit scores, debit ratio, e ... more
0 votes Share Flag Wed Sep 9, 2009 Home Buying in 22207
Theresa L. H…, Real Estate Pro in Arlington, VA
Theresa L. Howard answered:
Condo or Coop? What's the difference ?
It's a very long explanation. However, I want to make it clear that Have have sold a coop very rarely due to the equity difference to the buyer!!!
Hence, beware Buyer(s) on co-ops ... more
0 votes Share Flag Thu Dec 19, 2013 Home Buying in 22209
Jane Jensen, Real Estate Pro in 22207
Jane Jensen answered:
How hot is 22207?
Raymond:
22207 has been a popular zip code in Arlington for some time and will likely continue to be. Lots of reasons for this. Some are; easy commutes to Mclean, DC, shopping, or the ... more
0 votes Share Flag Sat Oct 10, 2009 Home Selling in 22207
Jane Jensen, Real Estate Pro in 22207
Jane Jensen answered:
I have a potentially great deal in Arlington, 22202. However, the HOA in the building is really high, $540.
If everything is included it is probably a good deal. Is it an HOA or a Condo association? Either way, after contract ratification you should have three days to review the documents for ... more
0 votes Share Flag Wed Jun 10, 2009 Home Buying in 22202
Brian Block, Real Estate Pro in 22314
Brian Block answered:
I am interested in buying a home in North Arlington, maybe 22205 or 22207 zips.
Mary, let me try to answer your questions in turn:

1. 20% less than asking price may be a bit aggressive in those areas of Arlington. I've seen properties sell for between 5-14% of ... more
0 votes Share Flag Tue Dec 16, 2008 Home Buying in 22205
Don Cooley a…, Real Estate Pro in Panama City Beach, FL
Don Cooley and Bubba McCants answered:
Rate lock-in not honored
I would for sure speak with a local lender in the area. They are normally easier to work with than a broker. Always be sure to get a "second" opinion. Not a cut to brokers at all just n ... more
0 votes Share Flag Thu Dec 4, 2008 Home Buying in 22202
Alvin Lapitan, Real Estate Pro in Virginia Beach, VA
Alvin Lapitan answered:
Interest rates on Mortgages
Hi Ann, Rates are a little lower if you stay at or below $417k (ex. 5.5-5.625% on a 30 yr fixed). In your area, the conforming jumbo loan amounts have increased to potentially $729k wi ... more
0 votes Share Flag Wed Jun 24, 2009 Home Buying in 22201
Larry Story, Real Estate Pro in 27408
Larry Story answered:
Should I buy a new place or stay put?
Unfortunately I would not want to comment on your particular market. Interview several agents and have them do a CMA (comparative market analysis) of your home. This will tell you wh ... more
0 votes Share Flag Wed Jun 24, 2009 Home Buying in 22201
M, Other/Just Looking in Florida
M answered:
I'd like to buy a 3 Bed, 2 bath house in the DC area within the next 6 months. Since I'm still working
John,
I spent 20 years as a Naval Officer and understand your plight. Depending on your credit scores, income, etc you really should not have a problem getting a pre-approval letter. ... more
0 votes Share Flag Wed Feb 18, 2009 Home Buying in Arlington, VA
Jane Jensen, Real Estate Pro in 22207
Jane Jensen answered:
I am a 23 year old in Arlington, VA making $90K per year with excellent credit. I can put down $30K. I
Jeff: Good morning. It's likely that you will be able to find something. Factors that can affect how much you will qualify for will be the current interest rate, your credit rating, the ... more
0 votes Share Flag Sat Aug 23, 2008 Home Buying in Arlington, VA
Vicky Chrisn…, Real Estate Pro in 20176
Vicky Chrisner answered:
My husband and myself are interested in buying a single family home or a town house in arlington (22201 or
I ran a quick search for you using this criteria: 22201, 2+ bdrms, $650K or less, without a basement. Guess what I got... nothing. Then, I allowed homes with a basement and I got only ... more
0 votes Share Flag Wed Sep 9, 2009 Home Buying in 22207
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