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Friday, February 15, 2008 9:31 PM

Are Extra Monthly Mortgage Payments OK?

Getting a windfall and using it to pay off the mortgage sounds like it should reduce the monthly amount owed, but often it doesn’t. Fixed-rate mortgage holders who pay off a big chunk of their mortgage are likely to shorten the payoff period, but
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Friday, February 15, 2008 9:14 PM

10 Best Places for House Bargains

The best place to get a bargain on a home is an area where there is healthy job growth and more houses available than people to buy them. These are markets “where you have high inventories but pliable borrowers, with lenders willing to deal,”
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Saturday, October 20, 2007 12:30 PM

Best & Least Foreclosure Deals in the Country

Realtytrac has calculates the average discount-to-value by market — that is, how much foreclosed homes actually sold for compared to their estimated market value in their areas. Interesting fact is Virginia was ranked as one of 5 states with smallest
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Tuesday, May 01, 2007 8:27 AM

Your Home & Taxes

Summarized links you may need while filing your taxes! Homeowner Tax Deductions Learn more from the IRS about tax deductions for first-time homebuyers. Tax Deductions Moving Expenses Find out which moving expenses are deductible and how to report them.
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Sunday, April 29, 2007 10:46 PM

Things Not to Do Before Purchasing a Home

Don't Make Any Major Purchases Do not make any major purchase that would create debt of any kind. This includes furniture, appliances, electronic equipment, jewelry, vacations, expensive weddings… …and automobiles, of course. Don’t
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Sunday, April 29, 2007 10:42 PM

5 remodeling projects under $10,000

You don't have to add a room. Simple things like windows and landscaping may give you more bang for your buck. So you've decided not to trade up after all. Even more, you don't want to dump a lot of money into fixing up your house if its value
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Sunday, April 29, 2007 10:39 PM

Should You Start Out with a HIGH Listing Price?

Because of the change in real estate market conditions, more sellers are competing for fewer buyers. So once again, it seemed important to challenge a long-standing "myth" of real estate. "The initial listing price isn't that important
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Thursday, March 15, 2007 8:02 PM

Numbers Don't Lie, But They Do Confuse

With all the conflicting reports on housing prices and the direction of the market, you might ask: What's really going on out there? If, as the National Association of Realtors reported last month, the median price of an existing home nationwide fell
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Monday, March 12, 2007 11:32 AM

Subprime Mortgages-What it means for you

We have heard various bubbles burst for past decade from stock, oil to real estate. Now the buzz word is lending industry and its mortgages. Banks and mortgage companies would sharply scale back lending to two groups: subprime and "Alt-A" borrowers.
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Friday, March 02, 2007 10:24 AM

Good or Bad NEWS - Property Assessments

When I received my tax bill I was not surprised that my primary resident assessment dropped significantly. My husband looked up to me and asked whether its a good news or bad news. With a pause I can understand its great news if you are not planning to
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Wednesday, February 14, 2007 12:05 PM

Home Sales Statistics January 2007

GREATER NORTHERN VIRGINIA AREA* HOME SALES REPORT January 2007 JANUARY HOME SALES 2007 2006 Single Family Homes 1,741 1,783 Condos & Co-ops 493 509 TOTAL (-2.53%) 2,234 2,292 DAYS ON MARKET JANUARY (+87.93%) 114 61 ACTIVE LISTINGS Single Family Homes
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Tuesday, January 09, 2007 10:02 AM

The Tide Is Turning

By Kenneth R. Harney Saturday, January 6, 2007; F01 What's the shape of a post-bubble, post-correction real estate market? And more to the point: What does that mean for you? Those questions are becoming increasingly relevant as the latest sales data
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Tuesday, January 02, 2007 10:45 PM

Fairfax County-Virginia: Buyer & Seller's Market Condition Report

Employment increased by 7,326 jobs in Fairfax County during July and August. However, the number of job seekers also increased. The combined effect of these two trends was an increase in the average monthly unemployment rate from 2.3% for the second quarter
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Attachment(s): MarketReport3rdQ2006_VA_Fairfax.pdf
Tuesday, January 02, 2007 10:27 PM

Loudoun County, Virginia-Buyer & Seller's Market Report

Employment increased by 1,785 jobs in Loudoun County during July and August. However, the number of job seekers also increased. The combined effect of these two trends was an increase in the average monthly unemployment rate from 1.8% for the second quarter
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Attachment(s): MarketReport3rdQ2006_VA_Loudoun.pdf
Tuesday, December 19, 2006 7:11 PM

A Toast to 2006 -- Two Toasts to 2007!

The year will end with existing-home sales 9 percent lower than in 2005 and home-price appreciation closing out the year essentially flat. The more cyclical new home sales are projected to finish the year 18 percent below that of last year, and post a
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