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Archive for the ‘Answered Questions’ Category

Can I take out a home loan for land?

“I have been searching online to see if I can take out a home loan just for land? By home loan I mean a loan for a home and not a personal property loan like on a trailer court. Am I qualified for a home loan? I want to keep the loan as cheap as [...]

How To Find a Great Neighborhood

How To Find a Great Neighborhood

When it comes to choosing a great neighborhood, you’ll need to factor in a great deal of information. A great neighborhood is just as important as the type of home you pick. The neighborhood you select is going to have a big impact on the life you lead. When [...]

Can I Sell a Home with a Unique Paint Job?

“Hi. I have a home that was new construction. It was originally painted white. I absolutely hate white and tan walls. All of the rooms have color, and when I say color I mean eggplant purple, red, hunter green…I am a ‘vivid’ person so I wanted my home to reflect who I am, not following [...]

How do I switch my Primary Residency?

“My husband and I sold our primary home this year, but still own another house in a different state. We are now renting in the city of our primary home, but would like our second home to be considered our primary for capital gains reasons. I spend at least 50 % of my time at [...]

Home Improvements to Sell Quicker

“I am planning on listing my home later this month, are there any tips to make my home seem more appealing? I was thinking about getting some flower baskets by the front door. Sara”

Home Improvements to Sell Quicker

There are endless amounts of home improvements that could assist in speeding up the selling [...]

Real Estate Courses for Buyers?

Real Estate Courses for First Time Buyers?

“I’m planning on buying my first home in the next few months. I’ve heard that some realties have their own courses for first time buyers. Is it better to attend the courses or just trust your real estate agent? Also what companies are good for first time buyers?

What is a “Short Sale” in Real Estate?

“Where can I get info about a property in DC for a short sale regarding liens, judgments, negative info which a title search would accomplish? And what is a short sale

-Short Sale Loser”

What is a Short Sale?

Short Sale Loser,

There are a few questions to answer here, and let me answer it quickly; a [...]

Locating an real estate agent for a Investors?

Selecting A Good Agent for an Investor

“I am a real estate investor and am looking for an experienced real estate agent as well as a real estate broker who specializes with investors. Can you please tell me how to find one, I have googled, ect and haven’t come up with much.
Thank you.

-Tim”

Most [...]

We are Selling our First House?

“We have 2 CMA’s scheduled on Thursday to value the house and then we’ll decide who we want to go with. What do we do after that; can we put the house up for sale that day? Do we then have to find a solicitor that day? I have arranged to go and see a [...]

I want to Buy a Second Home?

“I currently own a home with value about $300000 or more and loan is about 369000, I want to see if I can buy a another home and keep this one also. I have a big family and would like to get another home, my FICO is 700 or more I am a self [...]

Common Closing Costs Question?

What are Closing Costs?

“I want to buy a house that is 165,000, the taxes are 2,800, and my realtor says the closing costs are going to be 10,000 dollars, isn’t this pretty high? I want to ask the seller to pay but even if he does that still takes money out of [...]

Do I have to pay the Realtor?

“I’m checking out rental properties online, hopefully I’ll find something worth putting a deposit down on. I’m had a friend in the Annadale look at a few locations & take pictures… If I contact the Realtor to get more info, or have her show my friend a few properties, and end up signing a [...]

What is equity

Equity

Equity is the financial interest or cash value of your home, minus the current loan balance(s). Also called the difference between the market value of a property and the claims held against it. Equity is simply the amount of ownership value a homeowner has in the property. Equity is computed by subtracting the total [...]