Northern Virginia Real Estate - Loudoun, Fairfax and Arlington

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Real Estate Agent - Provident Team Real Estate
RECENT BLOG POSTS
The end of the Super Bowl kicks off the Real Estate Spring Buying Season. As home sellers should prepare for the season's upcoming homebuyers, they could do worse than to watch this four-minute home staging video from Barbara Corcoran. Barbara offer simple steps that "won't cost you a lot of mon...
05/05/2008
According to ENERGY STAR, properly sealing and insulation a home can save up to 10% on heating and cooling costs. The government-group Web site focuses on major sources of home air leaks such as basements, attics and near chimneys. These three categories represent close to 80% of a home's energy...
05/05/2008
(Pronounced: NEGH-ah-tive am-ohr-tih-ZAY-shun) Negative amortization is the process by which a loan's principal balance increases on a month-over-month basis. This is in contrast to a "typical" amortization schedule in which the principal balance decreases. Negative amortization is an optional f...
05/05/2008
As a homeowner, your financial obligations extend beyond your monthly mortgage payment. Periodically, you are also required to pay real estate taxes and homeowner's insurance premiums. Each month, you pay your mortgage payment to a company called a "mortgage servicer" (because they "service" you...
05/05/2008
Adjustable Rate Mortgages are mortgages for which the interest rate is subject to change over time according to pre-defined rules. ARM is a common acronym for Adjustable Rate Mortgage and every ARM has similar features: An initial fixed period during which the mortgage rate doesn't change An ini...
05/05/2008
For a lot of homebuyers, calculating a prospective mortgage payment is an online experience. For example, a search on Google for "mortgage calculator" returns 39 million options. Some people, however, prefer to plan on their local hard drive using spreadsheets. For these people, the hardest part ...
05/05/2008
When a buyer and seller reach agreement on a home sale, the buyer typically puts a small amount of money into a trust account. This up-front deposit is more commonly known as "earnest money". A sales contract's earnest money requirement will vary from contract to contract. It can be as high as 1...
05/05/2008
In the world of real estate, Days On Market is the number of days between when a home lists for sale and when it goes under contract. It is often abbreviated as DOM. Average Days on Market is a similar statistic but instead of applying to one home in particular, it applies to all homes in a given...
05/05/2008
As mortgage lenders limit how much money they will lend and to whom, co-signing home loans is growing in popularity. "Co-signing" a home loan is when a third-party -- usually a parent or relative -- promises to make repayments to the bank in the event that the borrower falls behind on his obligat...
05/05/2008
Radon is the number one cause of lung cancer among non-smokers and 1 out of 15 homes has elevated levels of the radioactive gas seeping into it. Despite the risks, however, radon is a potential problem that many homeowners ignore. Radon can enter a home at many different points. A partial list in...
05/05/2008
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Mike Rosen

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