Arlington Condo Pet Policies
March 5, 2010 by Katie Wethman · Leave a Comment
So you’re ready to buy a condo…But what about your four-legged friends? Will they be able to go with you, or will you be asking Mom to take care of them…again. Well, we’re here to help! Below is a table of the pet policies for a number of Arlington condos. All information is believed to [...]
FAQ: What does MLS stand for?
March 3, 2010 by Katie Wethman · Leave a Comment
MLS, in the real estate world, stands for Multiple Listing Service. See, way back when, in the time of the dinosaurs…okay, not really the dinosaurs, just before computers and databases…homes were recorded by individual brokers on sheets of paper, and literally kept in books in the office. And so agents looked through the books [...]
Single Women as Home Buyers
February 13, 2010 by Katie Wethman · Leave a Comment
Single working women are poised to become a financial powerhouse: single women between 25 and 30 are earning more than single men, and women’s earned income is growing faster, according to www.womenhomeowners.com. Even coming out of the current recession, women are positioned better: 82% of job losses affected men, according to the New York Times. [...]
Financing Condos in a Mixed Use Building
February 12, 2010 by Katie Wethman · Leave a Comment
As if condo buyers didn’t have enough headaches trying to buy a condo with the new FHA rules in place, many are also running into troubles with “mixed use” buildings, i.e., condos that have residential units but also commercial space (usually on the ground floor or street level), as is common in urban areas like [...]
Will the New FHA Rules Kill Arlington Condo Sales?
February 10, 2010 by Katie Wethman · Leave a Comment
On February 1, HUD and FHA rolled out major changes to the condo approval process. Previously, buyers wishing to use FHA financing had two options: If the condo was listed in the FHA’s “Approved Project” database, you were good to go. But if it wasn’t, buyers had the option of going through the (now in [...]
Free First Time Home Buyer Class in Arlington, VA
February 8, 2010 by Katie Wethman · Leave a Comment
Are you a first time buyer thinking of starting your search? Low pries, historically low interest rates, and the $8000 tax credit have many people in our area wondering if it’s time to buy. Join us for a free educational session at Arlington County Library.
Wenesday, March 3
7:00pm – 8:15pm
Arlington County Library
1015 N Quincy [...]
Giving a Facelift to a Dated Exterior
February 6, 2010 by Katie Wethman · Leave a Comment
Hard to believe, isn’t it? But look closely and you’ll see the remains of the original home. On the main level, the owners added a welcoming front porch, and swapped the window out for a bay window. Then they “popped the top” and added a second floor, and extended the chimney up. Then they [...]
Tips for Newly Engaged or Married Couples Buying a Home Together
February 3, 2010 by Katie Wethman · Leave a Comment
I often work with couples who are newly, or soon-to-be, engaged. Being a first time homebuyer is overwhelming enough, without bring another set of opinions in to it! But there are some tips and tricks that I recommend to my buyer clients to help smooth the process:
1) Do you have a home (or two) to [...]
Is Buying a Home One of Your 2010 New Year’s Resolutions?
December 27, 2009 by Katie Wethman · Leave a Comment
Get started by attending a free, no obligation first time home buyer class at Arlington Central Library on January 26 at 7:00 pm.
Our first time home buyer classes are educational sessions designed to give an overview of current market conditions and the home buying process. We cover a recap of the market, current trends and [...]
VHDA Loans Allow Financing of Down Payment
December 15, 2009 by Katie Wethman · Leave a Comment
The Virginia Housing Development Authority has extended its Homebuyer Tax Credit Plus program to match the deadlines of the Federal First-Time Homebuyers Tax Credit.
VHDA’s program lets borrowers use a second mortgage to finance up to 5% of the sales price (enough to cover FHA’s 3.5% down payment requirement) by using the $8000 first time home [...]
