First Time Buyer
How these 5 steps can help you get the house you have always wanted
Monday, April 28th, 2008…and how The Earl of Real Estate Team can assist you in following these steps to get the home of your dreams in Northern Virginia.
The video above is an extract from Donny Deustch’s show titled “Million Secrets”.
It shows Dr Joe Vitale from the movie The Secret explaining the process of attracting wealth. We [...]
Someone appears to be making money - Homebuilder stocks are up in 2008
Tuesday, April 22nd, 2008Much to many investors’ surprise, homebuilder stocks have been strong performers so far in 2008. The S&P 1,500 Homebuilder group is up 15.5% year to date, and many stocks in the group are up 25% or more. (seekingalpha.com)
In many states, new homes may only be purchased directly through the builder. However, in Northern Virginia, REALTORS [...]
For some Northern Virginia Homebuyers - FHA loans may be the best alternative
Sunday, April 20th, 2008When the new Federal Housing Administration loan guidelines were discussed, many in the real estate industry expected it would nudge the slumping Northern Virginia housing market by creating new buyers and save many homeowners from foreclosure.
After about a month of exposure, the reality is that FHA loans won’t help many people, but are the best [...]
People can’t get enough of Realty TV - Called Real Estate Porn
Saturday, April 19th, 2008Nine of its top 10 programs on HGTV are focused on the real estate market, with the number one “Property Virgin” registering 1.5 million viewers for the past few weeks since it premiered last fall. The show’s target audience are first-time home buyers.
Encouraged by the positive response of televiewers, HGTV will launch more realty-oriented shows [...]
Can’t you just meet me at the property??? If I have heard it once I have heard it 1000 times
Wednesday, April 16th, 2008And the answer is no. Why? We need to take the time to find out exactly what you are looking for. In this market, we get about a call a day or every-other day from someone looking for a deal / bank owned / foreclosure home, not fully knowing what exactly that [...]
Great Article on the Ins and Outs of Buying Foreclosed Homes
Wednesday, April 16th, 2008Here is a link to a great article on the issues facing the Fresno, CA area with regards to bank-owned & foreclosure properties.
We are seeing many of these same issues when we are working with home buyers that are looking for foreclosure properties in the Northern Virginia real estate marketplace.
These include:
Lender-owned houses are [...]
No-Down-Payment Mortgages Gone for Good? No - There are options available.
Tuesday, April 15th, 2008“While Fannie Mae and Freddie Mac still have products that allow borrowers to finance 100% of their home purchase (albeit at a higher cost), recently the major private mortgage insurance companies have backed off from insuring these loans, said Bruce Brown, a certified mortgage planning specialist with First Security Mortgage Co., in Kansas City, Mo. [...]
Bank Owned Do’s & Don’ts - Information on Foreclosures
Friday, April 4th, 2008For thousands of people shut out of the Northern Virginia housing market as prices doubled between 2001 and 2006, bank-owned homes are real estate’s new gold rush.
But buying houses from a faceless bank is different than buying from the neighborhood couple moving to Charlotte. “Buyer beware” is the watchword with a bank-owned home sale.
Unlike a [...]
Northern Virginia - 10 Best Places to buy a Foreclosure!!!
Tuesday, April 1st, 2008Washington DC / Northern Virginia has been ranked by Forbes Magazine as one of the 10 best places to buy a foreclosure home.
Here is the List as compiled by Forbes:
Charlotte, NC
Raleigh, NC
Nashville, TN
Oklahoma City, OK
San Antonio, TX
Albuquerque, NM
Knoxville, TN
Seattle, WA
Indianapolis, IN
Washington-Arlington-Alexandria (Northern Virginia)
“Many exurbs of Maryland and Virginia were drastically overbuilt during the housing boom. [...]
The flavor of the Month is Foreclosure Tours - The Earl Team has been offering tours for Years.
Monday, March 31st, 2008Tour of Homes, Foreclosures offer by The Earl of Real Estate Team
The latest gimic in the real estate community are bus tours to visit foreclosure properties.
We have been offering tours of homes for years and feel that our approach is done in such a way to protect and serve the home buying consumer.
We don’t just [...]