It may seem hard to believe, but bidding wars are back! Competition has increased in Metro DC real estate even amidst the current economic and global health situation. More and more homebuyers continue to flood the real estate market, and prices continue to rise, thus contributing to more competition with offers. According to the NAHB’s […]
When you’re looking for the best rate on a home loan, it’s important to know what lenders are looking for. Read on to learn how to think like a lender. What Bethesda Mortgage Lenders are Looking For When doling out home loans, lenders are looking for telltale signs as to whether or not you will […]
Obtaining a mortgage requires a good amount of research. How long should your mortgage be? What provider should you use? The questions can seem endless. If you’re considering a 40-year mortgage, read on for a bit of valuable insight. Benefits of a 40-Year Mortgage The main drawback of the 40-year mortgage is pretty obvious: 40 […]
There are many options for financing your Bethesda home, from the more traditional loan route to seller financing, and more. Read on for the low-down on one creative financing option: the assumable mortgage. The Basics of Assumable Mortgages An assumable mortgage is a mortgage held by the seller that can be taken over by the […]
If you’re planning on buying a home in the DC Metro area soon, you might have heard that Congress could change the current tax law that benefits homebuyers. Read on to find out if you could be affected. What’s the Issue? The tax law in question has to do with individuals receiving a tax deduction […]
