201905.09
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Creative Down Payments

The big news in the last few years has been that many 20 and 30 somethings have a different priority and value system when it comes to home ownership than their parents had.    Low and Behold, home ownership has moved up the Millennial priority list!  There is a shift of attitude happening statistically and the…

201901.30
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Looking for ways to SAVE MONEY on your next closing, LOOK ELSEWHERE (when it comes to TITLE INSURANCE)

Long gone are the venerable days when you hired an attorney for $1,000 and he actually visited the courthouse to search title to the property you were buying.     The closing industry has become so competitive that most settlement fees are 1/3rd to 1/2 what they were 50 years ago!   Attorneys had a monopoly in Virginia…

201901.03
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Great Advice for Self-Employed Mortgage Shoppers

Ever since the knee jerk reaction to the crash of  Oh Eight, self-employed borrowers have often been intimidated away from  the mortgage application process. Despite self-employed (the “gig economy”) vocations growing as a market segment, Fear and trepidation have caused a significant 10 year drop off of self-employed applications for home loans.  Dodd-Frank, the 900…

201804.11
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So You Think You are a Veteran of Many a Closing

Many experienced home buyers, sellers and investors are still surprised to learn of the new closing requirements concerning funding.   For years, the gold standard at closings was to bring funds by a “certified check”, “cashier’s check”, or other paper draft of a bank account.    Unfortunately, while these legitimate real estate moguls have been out there…