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20164 : Real Estate Advice

  • All12
  • Local Info0
  • Home Buying8
  • Home Selling1
  • Market Conditions0

Activity 36
Tue Apr 2, 2013
Cindy Jones answered:
Put the property on Military by Owner and Craig's list instead.
0 votes 3 answers Share Flag
Thu Mar 21, 2013
Danilo Bogdanovic answered:
Formula for that is = price it at market value (or below if you're in a huge hurry to rent it out) and market it correctly (i.e. in places where majority of renters look for rentals).

Danilo Bogdanovic
703.582.6900 (cell)
... more
0 votes 4 answers Share Flag
Wed Mar 13, 2013
Matt Elliott answered:
Hi RB - you are a little further West of Dulles than you would be in Centreville or Chantilly, so the airport noise is not as bad as if you were directly below the flight path when flights take off/land.

It's difficult anywhere in Northern VA to find an area that doesn't experience airport noise/road noise, and especially so along the Rt. 50 corridor. Having said that, the only way to get the real answer to your question is to sit out there for a bit and see what YOU think of it. Everything else on this matter is a matter of opinion. What counts is what you think.

I can tell you from a resale standpoint, having sold homes in that community and area, airport noise has not come up once. Either b/c buyers don't think it's an issue or b/c buyers are all accustomed to some level of airport noise.

Hope this helps somewhat; feel free to call or txt if you'd like to discuss further.

All my best,

Matt Elliott
Keller Williams
... more
0 votes 2 answers Share Flag
Tue Apr 2, 2013
Roger Nakazawa answered:
I do not know of any lending institutions that would need to see the lease only. The lending criteria has become very strict over the last seveal years. I believe they would need to see a credit report in addition to full financial documentation.


... more
0 votes 12 answers Share Flag
Sat Feb 9, 2013
Elliott R. Oliva answered:
If you could tell me what area(s) you are looking to buy in I can put together some detailed information as to what loan programs are available. There are 2 or 3 no money down programs that may interest you.

Elliott R. Oliva
Loan Officer
Washington Mortgage Group, Inc.
703-344-8153 direct
... more
0 votes 1 answer Share Flag
Fri Feb 1, 2013
bala.zawd asked:
0 votes 0 Answers Share Flag
Wed Oct 29, 2014
Jamie Skojec answered:
Hi Steve! It seems more like a question for your tax professional and financial adviser. It sounds like you have a really good grasp of the situation already and just need to make a decision. Maybe when you consult with your financial adviser he/she could help you evaluate whether it would be more beneficial to keep the condo now or take the proceeds and place it into other investments.

Jamie Skojec
... more
0 votes 2 answers Share Flag
Tue Oct 23, 2012
Ron Thomas answered:
In this Market; this can happen.
Now, you can move left, or you can move right; what is your goal?
If your Goal is to sell the house, you may want to help and work with the Buyers you have:
Have you asked if they have an alternative financing plan, another Lender?
If you gave them an extension and were patient, you might have it sold in another 30 days. But if you start over with another Buyer, you could be there for three months.

Good luck and may God bless
... more
0 votes 2 answers Share Flag
Mon Sep 10, 2012
Linda Treese answered:
Hi Alia - yes, that information can be provided by a Realtor in the area. Please contact me if you haven't received this information yet, or if you wish to list your property for rent. I would be happy to assist you. I used to live in Sterling and I am very familiar with the area.

Linda Treese, Realtor
Prudential PenFed Realty
4 E. Colonial Hwy
Hamilton, VA 20158
(m) 703-943-6124
... more
0 votes 1 answer Share Flag
Mon Mar 3, 2014
Kyle McAdams answered:
Realtors that list homes in your neighborhood would likely be a great source of remodeling pros because we have to build our own network of contacts to call on when clients need them -- whether fixing a house for sale, or helping clients who buy a fixer-upper.

If you're looking in Cascades, Great Falls, Reston, Herndon, let me know...I can give you some contacts if you still need them.

Kyle McAdams, AIA
Architect + Realtor
Keller Williams Real Estate
... more
0 votes 2 answers Share Flag
Mon Aug 8, 2016
Dina Azzam answered:
Hello Newbeebuilder. Just about all new builders require that you get prequaified by their own lender. So do foreclosure banks! They will often also try and convince you to use their Title Company. If you wish to use them, check to see what incentives the builder will offer you, and make sure that the fees you are paying are fair. Good Luck ... more
0 votes 11 answers Share Flag
Tue Aug 27, 2013
Vivianne Rutkowski answered:
Hello Need Advice,

Realtors can only offer advice and answer real estate related questions. For a legal advice regarding the loan modification, foreclosure, or your divorce you need to seek advice from a lawyer/lawyers.

Good Luck
... more
0 votes 7 answers Share Flag
Fri Aug 3, 2012
Martin H. Thomas answered:
Hello Duck,

Have you talked at all with a loan officer about getting pre-qualified for a VA Loan?

If you don't have a lender, I can recommend a few for you to talk with, and I can answer any question you have about the process.

Martin Thomas
Avalar Smart Choice Realty
... more
0 votes 5 answers Share Flag
Tue May 3, 2011
Tish Thompson answered:
Ideally you should request the extension prior to closing. Most banks don't have a problem with it, mostly because they make more money from it....extensions are not free. I recently closed a short sale and the bank granted the buyer a 30 day extension. ... more
0 votes 12 answers Share Flag
Sun Nov 7, 2010
Dan Tabit answered:
A 5/1 ARM is a good product when you know you are going to be moving in under 6 years. I say 6 because even if it adjusts to the maximum you may be money ahead for the first year after it adjusts. Whether interest only makes sense really depends. Most of my lenders have priced this option out of consideration.
Discuss your goals with your lender and look at both scenarios if they are available. You can also consider a 7/1 ARM if you want some additional cushion.
... more
0 votes 4 answers Share Flag
Mon Nov 8, 2010
Vicky Chrisner answered:
PMI is based on the loan amount and not all loans require it. If your relative will be getting a loan to purchase this home then the lender can explain what, if any, PMI is required and how much. ... more
0 votes 9 answers Share Flag
Mon Dec 15, 2014
Jim McCowan answered:
The commission will be in the contract. I don't understand why buyers think agents should give them part of their commission. I wonder how many buyers would agree to give back part of their salary?

If you don't think your agent deserves it then maybe you need a new agent?
... more
0 votes 22 answers Share Flag
Mon Aug 30, 2010
Janice Copeland answered:
Hi there!

This is a question to take to your mortgage loan officer for a clear and thorough explanation. It is within your rights to understand every aspect of your loan. So feel free to contact him or her and ask as man y questions as you need to get a clear understanding of your loan. Best of luck to you! ... more
0 votes 5 answers Share Flag
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