Archive for the 'Buyers' Category
New First Time Buyer Tax Credit
If you are a first time buyer Uncle Sam is offering a nice incentive of up to $7,500 for buying your first home or if you haven't purchased a home in the last 3 years.
The credit is more like a loan in that it does have to be paid back over...
3 Ways To Know You Did Not Get Ripped Off…
A few weeks ago my 2 year old camera decided to stop working all together. I have to be in the top 5 list for thrifty shoppers in Loudoun so I went in to my 3 week long education mode of shopping sites, visiting stores, asking smart people, and then when...
Special Deals For Uncle Sam’s Loudoun Children
Loudoun's County Chairman Scott York is planning to bring before the board of supervisors an item that would gauge the interest of a program that would allow county employees, including firefighters, teachers and deputies, to get a low interest loan for housing according to the Ashburn Today newspaper. The details of...
Fannie Mae Is Getting Another Facelift
I wrote an article a couple of months back concerning 100% financing going away for areas deemed a "declining market." Since most places are in this categorie it has become the norm to put at least 5% down on a home unless you were using non-conforming loans. In fact 5%...
Earnest Money Deposit
If you are planning on purchasing a home there are expenses that you need to know about in the beginning. Expenses you can expect to pay depending on your specific transaction can range from hundreds to thousands of dollars.
You can choose not to pay for a home inspection or radon...
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