Our Most Popular Posts

Found 5 blog entries about Our Most Popular Posts.

How to use equity in your home

Most homeowners that have lived in their homes for at least 2 years, will have enough equity built up in their homes to move.  Our Northern Virginia markets have done very well giving those who would like to step up to a larger home or a more convenient location the opportunity to do so.  Home prices have jumped 3% to 7% annually during this time.  Interest rates are once again touching historical lows.  This will give many the opportunity to make the jump to a larger home less dramatic.  Combine this great low rate with some debt reduction options to maximize monthly cash flow, and there may be an opportunity to make a jump to a larger home with no additional monthly outlay.  There are also great low down payment financing options and even some no

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Real Estate Investment & Savings

Here’s how to make $100,000 work for you in a Real Estate Investment!

Do you have $100,000 in your savings or money market account earning 2% interest, 4% interest?  If you do, let’s compare these earnings with a real estate investment!

Safe and secure in the bank, passively earning 2% will net you $1400 per year after taxes (assuming 30% tax bracket).  Let’s also look at a 4% return, this will net $2800 after taxes (again assuming 30% tax bracket).

Now let’s put this $100,000 to work in a 3 level, 1 car garage townhouse in Winchester or maybe Fredericksburg.  Acquisition price of $215,000 and negotiating 2% Seller paid closing costs for this acquisition and financing at 4.875%, the additional closing costs.  Purchasing with a loan of

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In my opinion, home ownership is the greatest wealth building investment.  Rents are subject to market fluctuations; while, fixed rate mortgages are not subject to market fluctuations.  Monthly housing price stabilization is key to family budgeting and wealth growth.  Historically, property values rise and income rises.  This potential price appreciation has funded many retirements.  Historically, rental rates rise and keeps pace or exceeds income growth.  This diminishes wealth growth for individuals and families.  Overcoming down payment requirements and income for financing a home seems to be the largest hurdle facing many would be purchasers.  There are many great low down payment and even no down payment options currently available.  There are also

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The Palmerton, a model from the new Toll Brother’s Villas collection at Dominion Valley offers an airy floorplan, a first floor master and an incredible kitchen.  Entering the main level you are greeted by a two story foyer with adjacent Living Room or optional Study. Moving down the foyer there is a large Dining Room that has an optional tray ceiling. Moving to the rear of the home, the two story Family Room with optional expansion opens to the gourmet Kitchen with spacious center island and Breakfast Area. Additionally the Kitchen can be customized to open to a Greenhouse with optional Solarium Addition.  The Main Level Master Bedroom has a coffered ceiling, and a luxury master bath that walks through to the walk-in closet.  The

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