Tag Archive: afford to buy

Money For First Time Buyers

Virginia Housing (formerly VHDA), has spent the last 50 years making homeownership more affordable.  Here are some of the programs that you can take advantage of as a first time home buyer: DOWN PAYMENT ASSISTANCE GRANT (DPA) This grant provides money to qualifying first time buyers and it does not ...

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Buying A Home in 2023

Tips To Reach Your Homebuying Goals in 2023 Some Highlights If you’re planning to buy a home in 2023, here are a few things to focus on. Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them. Let’s ...

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Buy Now or Wait?

The Cost of Waiting for Mortgage Rates To Go Down Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set ...

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Buy Now or Wait It Out?

There are lots of scary headlines out there making it almost impossible to decide if you should buy a home right now.    If you are worried about interest rates, remember these two things:  If you buy now and rates go lower, you can refinance to get the lower rate.  ...

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Buying With Today’s Mortgage Rates

How Today’s Mortgage Rates Impact Your Home Purchase If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment ...

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Your Lender Matters

The Lender Your Work With Is Important The mortgage lender is one of the most important people you will work with when you buy a home.  And the person or company you work with will have a huge influence on how smoothly the home purchase process goes, starting with your ...

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Getting A Better Deal

As a buyer, can you get a better “deal” by going directly to the listing agent? In most cases, the answer is no. Some home buyers believe that if  the seller doesn’t have to pay the buyer’s agent, they will lower the price on the home. However, the commission that ...

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How To Buy Before You Sell

Have you been thinking about moving, but not sure how you can buy a new home without selling your current home? Good news! There are several financial options that would allow you to buy before you sell.  This is extremely helpful in a market like ours, where inventory is low. ...

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This Crazy Market

2021 Housing Market – January If you have talked to anyone trying to buy a house in Northern VA recently, you may have heard that it seems impossible. Homes are selling within hours and buyers are having to take extreme measures to have their offer accepted, short of offering their ...

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