Major FHA Changes Expected to Take Place in Early 2010

Mortgage Insurance Premium, Credit Scores, and Seller Contribution Affected On January 20, 2010, FHA announced major changes to ensure its long-term financial soundness. FHA is trying to balance three fundamental objectives: Financial soundness of the FHA insurance fund – ensuring that its capital ratio returns above 2 percent, Fulfilling its mission of serving borrowers not … Continue reading Major FHA Changes Expected to Take Place in Early 2010

The Testimonials Speak for Themselves…..

It's All About My Clients ...            When clients engage me, either with the renowned Washington brokerage of W.C. & A.N. Miller REALTORS®, exclusive affiliate of Christie's Great Estates, or with Sloans & Kenyon in its marketing association for their luxury real estate needs, they find my service levels cannot be matched.            My clients understand … Continue reading The Testimonials Speak for Themselves…..

August 2009 Real Estate Update

Uptrend Continues in Pending Home Sales:  Source: http://www.realtor.com For the first time in six years, pending home sales are up for the fifth consecutive month, according to the National Association of Realtors®.  The last time there were five consecutive monthly gains was in July 2003. “Historically low mortgage interest rates, affordable home prices and large selection … Continue reading August 2009 Real Estate Update

HVCC, HERA Disclosure Timeframes Slow Closing Process, Ensure Accuracy

To Discourage Rush Closings, Reduce Last Minute Rescues, and Cut Down Closing Table Changes Both buyers and sellers need to be aware of the changes brought about by the HVCC (see article below) and the Housing and Economic Recovery Act (HERA), which goes into effect July 30, 2009.  HERA is intended to better inform the consumer, … Continue reading HVCC, HERA Disclosure Timeframes Slow Closing Process, Ensure Accuracy

“Old Town”, 211 South Payne St., Alexandria, VA 22314

In a Walker's Paradise near Metro, Shops, Dining!  (SOLD!!) MRIS #AX6781522, 211 South Payne St., Alexandria (Old Town), VA 22314.   Audio Info line: (240) 575-1878, enter 211# and follow prompts. PRICE IMPROVED by $230K!  Now $995,000!    WalkScore of 95/100! (see http://www.walkscore.com). This is a beautiful Colonial Revival detached 3 BR 2.5 BA townhome that underwent a TOTAL … Continue reading “Old Town”, 211 South Payne St., Alexandria, VA 22314