While there are many people who want to buy a home, it’s hard to borrow money right now! Let’s take the example of a $400,000 home in Virginia Beach. A couple of years ago, you could buy one with no money down. To avoid paying PMI (private mortgage insurance) which is required when you borrow [...]
Entries from January 2009
Virginia Beach Home Buyers
January 31st, 2009 · No Comments · Homes, Virginia Beach
Tags: Virginia Beach
Virginia Beach Home Prices
January 30th, 2009 · No Comments · Homes, Virginia Beach
When will it get better?
Everyone wants an answer. Jim Cramer, the talk show host of Fast Money on CNBC, says June 30th will be the housing bottom. He worked at Goldman Sachs for years and appears to know what he is talking about. I am doubtful of this claim because everything that I see points [...]
Tags: Neighborhoods·Virginia Beach
Live Close To Work
January 29th, 2009 · No Comments · Neighborhoods
Studies have shown that a person’s happiness has more to do with the length of his/her commute to work than with the size and quality of his/her home. I tend to agree. The happiest I have ever been with my home was when I lived on Atsugi base in Japan, a five minute walk to [...]
Tags: Neighborhoods·Virginia Beach
House Hunting 101
January 19th, 2009 · No Comments · Virginia Beach
This is a true story of couple who bought a home in 2008. They are fantastic people and we had loads of fun house hunting. Our adventures taught us some valuable lessons from which everyone can benefit.
The Jones (I changed their name) wanted to retire in a waterfront villa with a private yard. This sounded [...]
Tags: Neighborhoods·Virginia Beach













