Home Buying Information

July 23, 2020

Closing a Mortgage Loan: What Not to Do After Closing on a House

not to do on closing a house

There is a misconception that the closing of a mortgage is the easiest part of the process. But mortgage loan experts know that there is still a lot of work involved. Once the loan is approved and the contract is signed, it is important to know what not to do ...

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July 9, 2020

FHA Loan Requirements in Virginia: How to Qualify

virginia fha loans

 

Buying a home is the ultimate goal for many people. However, this dream is often left unfulfilled because of the huge expense that comes with home buying. This is why various loan products and programs were developed in an effort to provide financial aid for those who wish to ...

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July 9, 2020

Everything You Need to Know About the Maryland Mortgage Program

mortgage income limits

 

Are you planning to invest in a home in Maryland? Congrats on your decision! This is an exciting time as you search through the available listings to find the ideal home for you and your family. There are plenty of benefits to becoming a homeowner such as the potential ...

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June 1, 2020

How Coronavirus and taking unemployment Impact the Housing Market and Your Mortgage Approval

 

This week Omar Howard discusses a topic that we have a had a lot of questions on. How Coronavirus and taking unemployment benefits now can impact the Housing Market and your future mortgage approval! Once you are employed again what will lenders require for approval? Check it out!

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June 1, 2020

Buyer's Market or Seller's Market? The number ONE FACTOR that determines it!

 

This week Yony Kifle discusses the number ONE FACTOR that determines if its a BUYERS or a SELLERS Market. It’s important to know what kind of market you are in as it will affect your negotiation strategies! Check it out!

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June 1, 2020

Should you BUY a Home in 2020?

 

This week Alem discusses another frequent question that we have been getting for the last few months, simply put “Should you Buy a Home in 2020". While every area is different, Alem discusses 2 REASONS why it’s made it an IDEAL time to buy in the D.M.V ...

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June 1, 2020

Is a Home Warranty Worth Buying?

 

This week Jose Paz breaks down the 3 reasons WHY having a Home Warranty Worth Buying and how they can benefit you! Imagine you own your home and the FURNACE dies and the contractor says a new one will cost $3,000 🤦🏽‍♂️🤦🏽‍♂️ Yea that’s a lot of money ...

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June 1, 2020

First-Time Home Buyer Grant/Assistance Programs: Pitfalls to Know

 

This week Yony Kifle discusses 3 of the main PITFALLS to definitely know if you are going to use any First-Time Home Buyer Grant or Assistance Programs! We have some GREAT programs in our area and knowing these pitfalls will help you better understand and position yourself to SUCCEED ...

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June 1, 2020

Home Inspection Explained!

 

Ed Donoforio of Donoforio Inspections explains why a Home Inspection is so important and highlights some of the items that is important to check during a home inspection! A Home Inspection is one of the most important Contingencies during the home buying process so its VITAL to understand what ...

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Nov. 20, 2019

Your Weekly Real Estate Tip: Some common options to get the Down Payment Money for your Purchase

 

Let’s talk quickly about the common options people utilize to get the down payment money for the purchase of their home 🏡👍🏽