Thoughts, Opinions, and Rants and Raves about the DC Area Real Estate Market
June 4, 2010 by Katie Wethman · Leave a Comment
Within the next few months, it’s going to get a little tougher for FHA buyers. Starting sometime this summer, FHA will make official its announced policy of limiting the seller contribution to buyer’s closing costs (aka “seller subsidy”) to 3% of the purchase price, down from 6%. What fees make up the buyer’s closing costs? [...]
Katie has resided in Northern Virginia for almost 15 years, working in both Northern Virginia and Washington, DC. She's now a full time, full service Realtor with a practice focused on assisting clients with residential and investment transactions, with a particular specialty in working with first time buyers and sellers. With her background in finance and executive education, she is adept at walking her clients through the process from “soup to nuts” so that they understand the risks and rewards of home ownership. She frequently teaches educational seminars designed for first time buyers in Arlington County (where she lives), DC, and Montgomery County. [More…]