Loan Origination Fee: The loan origination fee is often referred to as “points.” One point is equal to one percent of the mortgage loan. As a rule, if you are willing to pay more in points, you will get a lower interest rate. On a VA or FHA loan, the loan origination fee is one … Continue reading Lender Associated Closing Costs
Washington, DC Financial Aid Programs
The DC Housing Finance Agency’s DC Open Doors program is designed to make home ownership more affordable for those wishing to own a home or condo in downtown Washington, D.C. It is an intensive program that pays your down payment when you meet certain qualifications such as: A minimum credit score of 640 An annual household … Continue reading Washington, DC Financial Aid Programs
How to Spot a Top Real Estate Agent
A good agent is genuinely interested in YOU You are more than just a dollar sign to a good agent. He or she knows that a house is not simply your property but the place where you will spend a substantial portion of your life. Selling a home is like letting go of a cherished … Continue reading How to Spot a Top Real Estate Agent
Types of Housing
As U.S. society evolves, the needs of its homebuyers become more specialized. Some housing types are not only innovative uses of real estate but also an incorporation of a variety of ownership concepts. These different forms of housing respond to the demands of a diverse marketplace. Apartment complexes are groups of apartment buildings with a … Continue reading Types of Housing
Recycling in Washington, DC
For those of us living in the Washington, DC area, recycling and the rules surrounding what and how we recycle leaves most of us totally confused. But really, it’s the center of government for our nation, how could we not expect a ton of bureaucracy and rules for everything we do, even something as seemingly … Continue reading Recycling in Washington, DC
Cherry Creek V. Georgetown
For many, Cherry Creek in Denver reminds them of Georgetown in Washington, DC, with a tremendous variety of eateries and entertainment venues. These neighborhoods are hailed as the premier shopping destination in their respective cities. Shopping and Dining The upscale neighborhood of Cherry Creek is an oasis for residents who choose to live here. Know … Continue reading Cherry Creek V. Georgetown