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Many people have questions about the tax implications on short sales. I AM NOT a tax accountant, so I always tell my clients to talk to their accountant before they decide to short sell their home. For my buyers, I know enough to tell them that they will not have to pay the back taxes [...] Over the last few years, people have asked specific questions about Exclusive Buyer Agency so I thought I’d republish a previous post on my blog. A definition of an Exclusive Buyer Agent (EBA) that I like is from The National Association of Exclusive Buyer Agents (NAEBA.ORG): Exclusive Buyer Agent is an agent who works solely [...] With the Spring Market just around the corner, it is important for buyers to be aware of the inventory and interest rates available to purchase a home. Currently, rates remain low. If you search online, you will see that FHA rates quoted can be as low as 2.25% on a 5 year adjustable rate mortgage [...] The Washington, DC, real estate market has come to life this year. I’ve been able to help several home buyers through the purchase process and achieve their dream of home ownership. Only one buyer this year was not able [...] Hello Homebuyers – As many of you know, the first-time homebuyer’s credit was front-and-center on many peoples’ minds last week. We also mentioned that we thought chances were good the credit would be extended. This could be materializing… maybe. Senate negotiators reached a tentative deal to not only extend the current credit but also add [...] I received an email from a fellow Realtor in Pennsylvania today talking about the expansion at Fort Detrick and how it will enhance housing sales in 2010. For all those waiting to get a home, you may want to act now. We may see a rise in housing prices when new folks move to the [...] |
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