First Time Home Buyers FAQ #2

Q: What are the different things you should think about when you write an offer on a property?
There are a number of important factors and decisions to be made, and it’s really about the combination of all the elements that makes the offer what it is. Yes, offer price is of course important, [...]

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This is a good one

Open House this Sunday, 1-4.
6324 25th Street North in Arlington
$689,500
I’ll be there, please come keep me company! This is a terrific house on a wonderful block in North Arlington — it should have sold by now. Look at the other possibilities in this price range, and I think you’ll agree.

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Financing developments keep developing

Some good news in the mortgage finance world!

The two biggest players in the home mortgage field, Fannie Mae and Freddie Mac, reversed their policy of penalizing buyers in troubled real estate markets with 5% higher down payments. Fannie Mae switched to a nationally uniform policy of charging borrowers the same minimum down payments [...]

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a small project of mine

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More Arlington Developments

THIS JUST IN: Arlington County Board Approves Monument View Plan for Offices, Homes and Retail – Monument View, will be private development on land now owned by the County that will include homes, retail space and offices.

The Board’s action culminates a land swap between the County and MR Boundary Channel, LLC/Monument Realty, LLC at [...]

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May stats are out

Drum roll please ….
Here are the most up-to-date stats for the Arlington housing market, as of the end of May:
Arlington Single Family Homes (detached)
Average days on market: 80 (one year ago: 78 )
Median sold price: $630,000 (one year ago: $716,000, that’s a drop of -12%)
Number active on the market: 407 [...]

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There is beauty everywhere!

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First Time Home Buyers FAQ #1

With this post I’d like to introduce the occasional series of Frequently Asked Questions, or FAQs, I get.

So, to initiate, here’s one:

How do you get paid as a Buyer/Listing agent?

A: The home seller pays for all commissions.

That commission is usually the largest expense in selling the house. The full commission (usually [...]

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Isn’t it almost the 4th of July?

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Foreclosures in Arlington

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