Wednesday, August 29, 2007

Looking for a jumbo loan?

With more than half of the homes in the DC metro area selling for more than $417,000 (the jumbo limit) the mortgage crunch is evident.

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Friday, August 24, 2007

bill is trying to eliminate mortgage dedcutions for homes over 3,000 sq ft.

McMansion owners - this may be the end of an era. If John Dingall (D - Mich) has his way, all homes over 3,000 finished sq feet will no longer be eligible to deduct their mortage insurance....

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Wednesday, August 22, 2007

New Loan Program for First-Time Homebuyers in Loudoun County

The Virginia Housing Development Authority (VHDA) has allocated funds for Fiscal Year 2008 for the FlexSPARC program, a new, below market rate, home loan program offered in Loudoun County

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Saturday, August 18, 2007

Q&A about short sales

Q: We are in financial trouble. Our house will not sell for enough money to pay off the mortgage, let alone a real estate commission. Our real estate agent suggested that we do a 'short sale.' What is this?

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Thursday, August 16, 2007

Search for the brownest lawn.....water conservation is cool.

Loudoun County is under voluntary water restrictions....and have sweetened the pot for people to abide by it. Submit your photos of your dry, brown lawn. Winners will receive smart watering kits as well as bragging rights....

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Will there be a rate cut in September?

There is a chance that federal reserve will lower interest rates by 50 basis points in September.....

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Wednesday, August 15, 2007

Loudoun public schools rank high in the US

A new study by Forbes magazine ranks Montgomery County public schools fifth in the nation 'for the buck,' with nods to Howard and Loudoun schools for delivering return on educational investment. It ranks D.C. and Alexandria schools among the worst.

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Leaders Agree to Talk About Second Potomac Crossing

May 17, 2007 by Colleen KelleherRe: bridge crossing over Potomac River; discussion between Maryland and Virginia (Montgomery and Frederick Counties/Fairfax and Loudoun Counties)

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