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Cindy Jones, Real Estate Pro in Alexandria, VA
Cindy Jones answered:
Renting after Deed in lieu of foreclosure?
Usually you can find landlords who understand the reason behind a recent short sale or foreclosure. I haven't had any landlords demand an extra deposit but being upfront goes a lo ... more
0 votes Share Flag Thu Feb 17, 2011 Rental Basics in Alexandria
Mark Cohen, Real Estate Pro in Gainesville, FL
Mark Cohen answered:
Are there any disadvantages to using a VA loan and putting no money down to purchase a home?
The only disadvantage to having a no or small down payment loan is that you will have a bigger loan principal and higher monthly payment to pay the lender.
0 votes Share Flag Fri Jan 7, 2011 Home Buying in Alexandria
Voices Member,  in
Voices Member answered:
Is there any good hard money borrowers who could be recommanded?
I dont know of any in your area, but If I find any, ill write back to you.
0 votes Share Flag Tue Dec 21, 2010 Market Conditions in 22303
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
trying to have loan for investment property /buy, repair and sell it back/. Dont have full knowledge about it. Can you guys advise about it?
Before considering such a scenario, inform yourself well--for any tax issues, do consult with an your tax professional, and or tax attorney--he/she can best advise as it relates to your ... more
0 votes Share Flag Mon Dec 20, 2010 Market Conditions in 22303
Jose Garcia, Real Estate Pro in Alexandria, VA
Jose Garcia answered:
We are trying to buy Fannie Mae property in Hampton Roads and will apply for 203k loan. Do you know any good lenders for this type of loan? Marta
Marta:
Thank you for contacting me.
I do not know if you have a Buyer Agent helping you to buy
this property, if you do, he/she should be the one giving you
the info about lenders ... more
0 votes Share Flag Wed Dec 15, 2010 Remodel & Renovate in 22311
tim moore, Real Estate Pro in Nags Head, NC
tim moore answered:
I will be renting my first own place in a couple of months, and want an estate agent to find the right place for me. Who is to pay the comission?
If I understand the question, the owner of the property pays the agent(s) their commissions.
0 votes Share Flag Sat May 18, 2013 Rental Basics in Alexandria
Betty Best,…, Real Estate Pro in Fairfax County, VA
Betty Best, Realtor, CDPE answered:
i am looking for rent single 2 rooms i have bad credit
Hi Veronica
Your best bet is to watch Craigslist ads for the area. Lots of people rent out basements or rooms this way. If you have bad credit, admit that up front, but explain how y ... more
0 votes Share Flag Sun Sep 11, 2011 Rentals in Alexandria
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
How far in advance should I start looking for apartments in Northern Virginia/D.C for a January move?
Jason -

Probably should be looking at neighborhoods NOW to determine where you want to live. Once you have a neighborhood in mind - you should be looking 30-45 days out.

Good Lu ... more
0 votes Share Flag Mon Dec 6, 2010 Rentals in Alexandria
Nicky Mcdonn…, Real Estate Pro in 22314
Nicky Mcdonnell answered:
Question regarding the mortgage preapproval process-
Hi LT,
Getting a pre-approval is the first step in your home buying process so that you know what you can afford. There are numerous reputable lenders to choose from and I would be ha ... more
0 votes Share Flag Mon Nov 1, 2010 Financing in Alexandria
Jim McCowan…, Real Estate Pro in Arlington, VA
Jim McCowan (703) 395-0166 answered:
buy vs. rent in northern va
With interest rates so low, now IS the time to buy, especially inside the beltway!
0 votes Share Flag Tue Oct 12, 2010 Home Buying in Alexandria
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
Can I use equity in another, fully-paid-off home to avoid PMI?
Yes. This type of setup is called an indemnified deed of trust or (IDOT) for short. This is a portfolio type loan that would be done by a local lender, not a FannieMae or FreddieMac p ... more
0 votes Share Flag Fri Oct 8, 2010 Financing in 22314
Nicky Mcdonn…, Real Estate Pro in 22314
Nicky Mcdonnell answered:
Is 3121 McGeorge Terrace for sale?
Dear Bob,
This property was on the market in 2007 and was a short sale. It appears that they ended up renting the property. There is no current information in the MLS at this time. ... more
0 votes Share Flag Mon Sep 27, 2010 In My Neighborhood in 22309
Ciara Lascano, Real Estate Pro in 22030
Ciara Lascano answered:
My husband and I own a home; but we also want to buy a townhouse for our son; are there any legal restrictions in VA in owning multiple properties?
Here is the General answer: No real restrictions but you will a landlord and will have to register with the state if you have 4 or more units. For more details please email me at info@c ... more
0 votes Share Flag Tue Oct 12, 2010 Home Buying in 22312
Jim McCowan…, Real Estate Pro in Arlington, VA
Jim McCowan (703) 395-0166 answered:
IS IT NEAREBY ISLAMIC SAUDI ACADEMY?
Which property are you referring to?
0 votes Share Flag Sun Aug 15, 2010 In My Neighborhood in Alexandria West
Stacy Carter, Real Estate Pro in Roswell, GA
Stacy Carter answered:
If I put IKEA kitchen cabinets in my $500,000 to $750,000 (depends on our economy) home, what will it do to resale? Will it hurt the value?
Faye,
The Scandinavian style that IKEA offers is quite unique and may not be the safest of choices unless the style fits the overall architecture of the house and your other interiors. ... more
0 votes Share Flag Fri Jan 9, 2015 Remodel & Renovate in 22311
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
What is the right approach when going to see a home of a FSBO and then finding out that there is an agent sign located on the property. Client says
Check with your broker.

The question probably comes down to the listing agreement that the seller signed with the agent. It's certainly possible that the agreement specifies tha ... more
0 votes Share Flag Tue Jul 27, 2010 Home Selling in Alexandria
Joanna Morris, Real Estate Pro in 34450
Joanna Morris answered:
are banks allowed to profit off of the sale of foreclosed property?
If they foreclosed in this market, there is most likely no profit.
0 votes Share Flag Sat Sep 14, 2013 Foreclosure in 22307
Susan Haught…, Real Estate Pro in Alexandria, VA
Susan Haughton answered:
Waynewood Rental Agent?
I can highly recommend http://www.waynewoodrealtors.com/ , who work and live in the area. These two agents are in my office and I consider them the "go to" agents for that are ... more
0 votes Share Flag Wed Jul 14, 2010 Rentals in 22308
Chris Lefebv…, Real Estate Pro in Methuen, MA
Chris Lefebvre answered:
My Mortage broker initially promised me a rate of 4.785 and persuaded me to come to her as I was shopping around. Once I went to her and was about to
It sounds like a bait and switch, but the rate that each person qualifies for depends on credit scores and other factors and program rules. Also, until you lock in a rate they could ch ... more
0 votes Share Flag Mon Dec 6, 2010 Financing in 22314
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
We are looking to move from sterling, va to alexandria va, my wife's commute has finally gotten to her. We found an area we like and we even
Steve -

In the past I would tell you a Construction Perm loan would be best. These types of loans are more difficult to find - but are still out there.

Check with your bank to s ... more
0 votes Share Flag Mon Dec 20, 2010 Home Buying in 22303
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