We have sold homes in Prince William County since 2000 working from real estate offices in Manassas and Woodbridge. Most conversations we have with clients interested in Prince William County know the Manassas and Woodbridge areas as housing markets full of foreclosures. This article serves as an update to anyone interested in buying a home in Prince William County. So here is a brief description of Prince William County, and the short-term outlook of the residential real estate market. As you see below, foreclosures no longer control future growth and pricing.
Infrastructure Improvements. … Continue reading
The Purchase of Foreclosures
We’ve sold more than 240 foreclosures. Because of our involvement with foreclosure transactions we are often asked if there is a good strategy for purchasing foreclosure properties. The best advice we can give you when purchasing Freddie Mac and Fannie Mae Foreclosures is to find a real estate agent who is certified as a Freddie Mac Homesteps Listing Agent, and Fannie Mae HomePath Listing Agent. If the agent you are working with is an experienced foreclosure listing agent they will know negotiation and pricing practices of asset managers, and special offers by both government sponsored enterprises Fannie Mae and Freddie Mac. This gives the buyer an edge against other contract offers.
Freddie Mac and Fannie Mae set the standard of how foreclosure properties are managed, maintained, released to vendors for marketing and sales, and any contributions or special incentives provided to purchasers upon closing. Due… Continue reading
VIDEO: Dwayne and Maryanne Moyers, Northern Virginia Realtors
We have created this video introducing our qualifications, abilities, and experience as Northern Virginia Realtors serving clients since 1999. Take away the facts presented in this video and the articles we have published and we think we present a good argument why we should represent your interests for future real estate transactions. We are Realtors. It’s how we survive. We didn’t select residential sales to supplement a retirement, give us something to do while our children were at school, or supplement the income of our spouse. Our profession is usually a 7 days a week endeavor. Our clients are our first priority.
If you are considering a move to Northern Virginia, feel free to contact us for guidance. We specialize in residential sales between the following Interstate 95 locations: Springfield, Lorton, Woodbridge, Dumfries, Stafford, Fredericksburg. and Spotsylvania. Interstate 66 locations… Continue reading
After the downward trend of housing prices in Northern Virginia, there have been several interested home buyers contact us with credit problems. Most are unfamiliar with the amount of time required for home purchases after credit problems. This is due to periodic changes by the Federal Trade Commission and government related services to the housing market. The latest time frames between qualifying for a mortgage after bankruptcies, short sales, and foreclosures are listed below. Most of these folks seeking our advice are credit challenged by a credit history which includes low scores, a short sale, foreclosure, or bankruptcy. So this chart should be of some use.
These are waiting periods of applying for a mortgage after a housing related credit problem.
|Credit Problem||FHA & VA Loans||Conventional Loans|
|Short Sale*||3… Continue reading|
Homeowners in the Northern Virginia housing market are fortunate to have a job market supported by the added traffic of home buyers related to Government/Corporate/Military Relocation. What does it mean to someone who needs to sell a home in our area? It means you don’t have to give your house away. But buyers are not interested in paying fair market value for homes in need of repair. This article discusses the necessary preparations to sell your home and successfully receive a contract offer on your home within 90 days without giving your home away. Home buyers coming to Northern Virginia to find a home are almost always interested in purchasing a home which is move-in ready. Why is this a general rule? Because the daily work commute and long working hours in this region will not allow time for home improvement projects. Home sellers must put in the time, money,… Continue reading
Attempting to buy a home can be time-consuming and confusing. This includes purchasing a home directly from a builder. Before you drive through communities following roadside directories and directional signs for new homes, click here to learn of the hazards of buying a new home without the representation of an experienced Realtor. We have also documented our experiences as the real estate broker, and sales manager for a regional builder in Stafford County, Fredericksburg, King George County, and Spotsylvania County. It is a detailed article about builder contracts, and the sales process when purchasing a new home. It is a must read for anyone buying a home from a builder.
Here are the basics for simplifying the home buying process.
(1) Use an experienced Realtor. Contact an experienced full-time agent. With more than 1,000 homes sold we have experienced and worked through any roadblock which could… Continue reading