Some Segment Of Home Buyers Will Not Be Able To Buy For A Time
Unless you are paying cash for your next home, you'll need to be able to show your mortgage company that you have a steady source of income with which you'll be able to…
Should I List My House For Sale Now?
School is cancelled and/or happening at home for the rest of the year. Businesses are closing. Folks are encouraged to stay at home and certainly not spend time in groups…
Buying When Needing To Sell But Only If You Can Buy But After You Sell
If you're looking to buy a house this Spring or Summer -- but -- you own your current home -- this morning's ramblings are for you... Selling (for some houses, in some…
Is COVID-19 Impacting Our Local Real Estate Market?
Public Service Announcement: Wash Your Hands! :-) Now, back to COVID-19, several folks have asked me if it is impacting our local real estate market. So far, it seems…
Refinancing Your Mortgage Might Make Sense
This is more of an alert to homeowners, not so much to buyers or sellers -- but if you haven't heard, re-financing your mortgage might make sense right now depending on…
Harrisonburg Area Home Sales Remain Strong in 2020 Despite Slower February
This month's featured home (shown above) is located in Kentshire Estates and you can find out much more about it out by visiting 3241DanburyCourt.com. OK. Now. Let's set…
Mortgage Interest Rates Hit All Time Low at 3.29%
Mortgage interest rates have never been lower than right now. No, really! The current average 30-year fixed rate mortgage is 3.29% and that is the lowest level seen in…
Typical Obstacles Between Contract and Closing
While every home sale is different -- with unique contingencies based on the needs and situations of the buyer and seller -- there are three main hurdles that most buyers…
Should Buyers In A Low Inventory Market Consider the Purchase of Foreclosures?
With some regularity, I am asked by potential purchasers how they would go about buying a foreclosure. First, here is a list of upcoming foreclosure sales, but more…
Potential Challenges of Selling A Rental Property in Harrisonburg
Do you own a property in Harrisonburg occupied by a tenant? When you are ready to sell it, how will you go about that process? Will you list the property for sale while…
Home Sales Soar To Surprising New Heights in January 2020
Time seems to be passing quickly these days, perhaps because my two kids are growing up faster than I can believe - age 15 (also known as "almost driving") and 11 (but 12…
Three Ways To Pay For Mortgage Insurance
George Mason Mortgage has an excellent overview of the three main ways to pay for mortgage insurance. But before we go there, what is mortgage insurance? If your down…