First-Time Buyer Programs Every DMV Resident Should Know
Sunday, May 04
Buying your first home can feel overwhelming β but if you're buying in DC, Maryland, or Virginia, there are excellent programs available to help. First-time buyer incentives can include down payment assistance, closing cost grants, reduced mortgage rates, and more. For instance, DC offers the Ho...
The Hidden Costs of Homeownership Every DMV Buyer Should Plan For
Friday, May 02
A common surprise for new homeowners? The real monthly costs of ownership. Your mortgage is just the start. What to Budget For (Besides the Loan) Property Taxes: Vary widely across DC, MD, and VA Homeowners Insurance: Required by lenders Utilities: Water, gas, electric, trash HOA/Condo F...
Understanding Down Payment Options in the DMV: Buyers Need to Know
Friday, May 02
One of the biggest myths in real estate? That you need 20% down to buy. In DC, Maryland, and Virginia, many buyers purchase homes with far less β and you can too. Typical Down Payment Options Conventional Loans: As low as 3% down with strong credit.FHA Loans: 3.5% down; more flexible on credit.VA...
The Truth About Short Sales: They Aren't Short
Tuesday, October 15
When you hear the term short sale, itβs easy to assume the process might be quick. Unfortunately, in the world of real estate, short refers to the sale price, not the time it takes to close the deal. In reality, short sales can be anything but short, with timelines stretching from a few months to...