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Should I get Title Insurance when I buy a home?

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You understand the benefit of car insurance and homeowners insurance, but chances are you’ve never thought about  title insurance  until you started the process of buying a house. What is title insurance? It’s a policy that insures that you won’t have any unknown claims made to the ownership of your home. What could go wrong? A clean or clear title is important because the title is what gives you ownership of a property. Imagine buying your dream home, closing the deal and then realizing the previous owner hadn’t paid property taxes for several years. Those taxes remain charged against the property and as the new owner, you are responsible. The taxing entity could even take your home. Or perhaps two sales ago someone sold the home without getting the signature of an estranged husband who now wants to stake his claim. Perhaps the previous owner didn’t pay a contractor for some work on the home and the company put a lien against the house. Or the power company shows u...

Post-Election Housing Sentiment: Too Soon to Tell?

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                              Americans expect home prices to rise, according to Fannie Mae's recently released Home Purchase Sentiment Index® (HPSI) - but that expectation is likely muddled by the charged election atmosphere, which has resulted in opposing attitudes toward housing. The amount of Americans who said home prices will rise increased four points to 35 percent in November - a reversal of trend. The HPSI overall decreased 0.5 points to 81.2 percent last month, a half-point higher than its reading the same time last year. "The November Home Purchase Sentiment Index outcome is difficult to interpret, as the data collection period occurred across the Presidential election timeline," says Doug Duncan, senior vice president and chief economist at Fannie Mae. "The results are fairly evenly split between responses collected before and after the election, and there is evidence of an increase in consumer...

Tax Breaks for Home owners

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                                                Our government offers so many tax breaks for home owners every year, so that home buyers take advantage of those! Most people donot know about these benefits.            I will letting you guys know about these tx brteaks, so you can take advantage of them.  Most important one is the Interest that you pay on your Mortgage. your first home'e mortgage interest and also second home's, is tax deductible,  up to $1.1 million of debt when you include home-equity loans that are used for certain personal expenditures, such as funding college education. In most cases, homeowners are also able to write off their property taxes.  These tax breaks will surely alleviate the financial burden of many taxpayers, especially those who are paying their mortgage        ...

Top 5 Reasons You Should Not For Sale By Owner

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                                          In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers. Here are the top five reasons: 1. Exposure to Prospective Buyers Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you? 2. Results Come from the Internet Where did buyers find the home they actually purchased? 51% on the internet 34% from a Real Estate Agent 9% from a yard sign 1% from newspapers The days of selling your house by just putting up a sign and putting it in th...

Townhouse for sale in Sttafford, VA 22554

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89 Chestnut Dr, Stafford, VA Get Directions Click Here Description Photos Maps & Local Schools Print Brochure $ Click for current price 3 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 1276 SQUARE FEET Well maintained 2 level Townhome, that shows pride of ownership. Large family room, that opens onto a large backyard (fully fenced), seprate dining room, washer, dryer on the main floor. 3 bedrooms upstairs, master bedroom with his and her closets. New fans in the rooms. Curtains and rods convey. Easy commute to I-95, and Rt 1. Follow This Home! Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure Free Home Values Free List of Foreclosed Homes For Sale Mortgage & Refinance Presented By: Asifa Zia Keller Williams Realty Manassas VA 540-729-3470 Licensed In: VA ...

Is Listing Your Home Now the RIGHT Thing to Do?

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This time of year a common thing we hear from our sellers is that they want to hold off listing their home until after the “Holidays” or wait for the “Spring Market”. Many people have heard in the past that the best time to sell is in the Spring. Because most people think this way, more homes come off the market and less new listings come on the market. The result is a dramatic reduction in available homes for the buyers to choose from. Here are ten “top secret” tips as to why NOW is actually the BEST time to list your home for sale. Inventory levels drop between now and the end of the year. The buyers have fewer choices during the Holidays. Less competition may mean more money for you the Seller! Inventory levels will dramatically increase starting in January. They ALWAYS do! The buyers will have more choices. More competition means less money for you! The Buyers are more serious. People are busy this time of year. Any buyers out there are...

Closing Costs: Everything You Need To Know

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Find out what your home is worth in Todays market  Click Here Asifa Zia Licensed in VA Keller Williams Realty 8100 Ashton Avenue suite 103 Manassas, VA 20109 Cell: 540-729-3470 Office: 703-330-2222 Fax: 703-330-2146 Email: aszia09@gmail.com Website:  www.buyandsellnorthvirginia.com Website:   http://asifazia.kw.com/ Blog :   http://buyandsellnorthvirginia.blogspot.com/ se habla espanol get my free app and get access to millions of homes from the palm of your hand http://app.kw.com/KWJU6BU Interested in Real estate career? http://redcareers.com/manassas/asifazia/our-values.php