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. [...]
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 [...]
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 [...]
Property Taxes & Real Estate Related Income Tax Deductions
January 27, 2010 by Katie Wethman · Leave a Comment
Property tax season is upon us, and assessments were mailed out. Seventy five percent of Arlington residents saw a drop, but remember that assessments are a lagging indicator. A lower assessment doesn’t necessarily mean a lower tax bill though…rates are due to increase (read my post about how property taxes are calculated [...]
State of the Northern Virginia & DC Real Estate Market: January 2010
January 23, 2010 by Katie Wethman · Leave a Comment
Spring has sprung early as far as the real estate market is concerned. Buyers are out and circling, anxiously waiting for inventory to hit. I know I’m starting to sound like a broken record, but the lack of ‘good’ inventory continues to be the story in real estate circles. Check out [...]
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 [...]
$8000 First Time Home Buyer Extension and New $6500 “Move Up” Buyer Credit Details
November 6, 2009 by Katie Wethman · 1 Comment
It’s officially passed the House and Senate, and is now awaiting the President’s signature. Along with the extension of the $8000 First Time Buyer credit (now applies to any buyer under contract by April 30, 2010 and settling by June 30, 2010), there is now a new credit category: long-time residents of the same [...]
Northern VA and Washington, DC, Market Update – October 2009
October 30, 2009 by Katie Wethman · 5 Comments
NOTE> See updates to this post and final details on the first time home buyer credit here.
Breaking news about the first time buyer credit! According to MSNBC, CNN and other sources, senate leaders have reached a tentative deal to extend and expand the $8000 home buyer tax credit. First timers will continue to qualify [...]
