Woodbridge Virginia Real Estate News

You Can Use An Investment Property To Pay For Your Child's College Education

You Can Use An Investment Property To Pay For Your Child's College Education

Use The Lump Sum Of Cash You Might Put In An Annuity Or Mutual Fund As Your Down Payment

The Rent Will Pay-Off The House In 15 Years

Text my phone at 703-677-1120, or call my cell at the same number, or contact me now by email Click Here 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity
0 commentsErick Blackwelder • August 31 2010 12:20PM

Buyers Avoid Using Credit Cards Between Contract And Closing

Buyers Avoid Using Credit Cards Between Contract And Closing

Do Not Open New Charge Accounts

Do Not Buy ANYTHING With A Credit Card

Underwriters Now Required To Pull A Fresh Credit Report On Your Settlement Date And If Your Score Has Changed The Deal Could Be Dead

erick blackwelder woodbridge realtor exit realtyIn days of old, lenders would pre-approve buyers, based on credit scores, employment, income, and debt amounts.  Next, the loan package would be reviewed and blessed by an underwriter.  Done deal.

Not anymore...

Underwriters are now required to pull a fresh, updated credit report the day you close the sale to see if your credit score has changed.  If your score has dropped even one point, the loan is cancelled.  

You're stuck with your belongings in a truck, with nowhere to go.

So don't go out prior to settlement and buy a flat screen TV for your new family room with your Visa card; Don't open a charge account at a furniture store to furnish the house; If you MUST make a major purchase, call your loan officer first.

You can do all that AFTER you close the loan and take possession of your home.

 

Text my phone at 703-677-1120, or call my cell at the same number, or contact me now by email Click Here 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity

 

 

2 commentsErick Blackwelder • August 26 2010 04:51PM

Find Out What Other People Say About Selling Or Buying A Home With Erick Blackwelder

Find Out What Other People Say About Selling Or Buying A Home With Erick Blackwelder

You Would Be Wise To Obtain References Or Reviews About A Realtor Before You Work With That Realtor

Here Is What A Local Real Estate Attorney Said About Erick

 "Erick and the entire Blackwelder team are true professionals. They handle major transactions with a personal touch that deepens the experience for their clients. They never lose sight of the importance of each deal for the people involved, and the sincerity and knowledge with which they approach the work ensures that they will continue to be an inspiration to me both professionally and personally."   - Marc Wiltshire

Text my phone at 703-677-1120, or call my cell at the same number, or contact me now by email Click Here 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity

 

0 commentsErick Blackwelder • August 25 2010 10:48AM

Woodbridge Virginia Homes For Sale Get More Home Buyers With These Tips

Woodbridge Virginia Homes For Sale Get More Home Buyers With These Tips

erick blackwelder sells homes in woodbridge va  home sold by erick blackwelder peggy james woodbridge va

You Must Listen To Your Realtor When Preparing Your Home To Sell

Find Out How You Can Sell Your Home Fast And For Top Dollar With The Fewest Hassles

In days of old, when homes were sold, the three most important factors were location, location, location.

In today's competitive home sale market, the most important factors are price, price, price.

Your competition for buyers is fierce; Sellers are pricing homes AT the market; Successful sellers are not "testing" the market with a price above the recent sales.

Look closely at the list of homes in your neighborhood that have SOLD over the past 90 days, and forget about their asking price... focus on the SOLD price, then meet it or beat it.

Now is not the time to ask, "How can I get the most money for my house?"

Now IS the time to ask, "How can I offer more house for less money, and beat my competition.

"Oh but Erick, our home is 'special' so it should sell for more than other homes."

Folks, I even heard a prospective seller say his home was worth more than the market because all of his 3 children grew up in the "special aura" around his house.  Each of his 3 children went to medical school and became doctors because of the "special aura" surrounding his house.  So a prospective buyer, in his vivid imagination, would also be assured that the "special aura" would make the children of the buyers successful doctors.

I kid you not!

Price your home AT the market, even if the market price sends you spiraling into despair.

despair over home prices in woodbridge manassas va  don't despair over woodbridge va home values

Resist the urge to "test" a price above the market.  Now is not the time to overprice your home.

If your home gets no traffic the first 2 weeks, you need a drastic price cut; If your home gets traffic but no offers over the first 2 weeks, you need a useful price cut.  

Think of it as a "Price Improvement".

Text my phone at 703-677-1120, or call my cell at the same number, or contact me now by email Click Here 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity  

 

0 commentsErick Blackwelder • August 24 2010 05:20PM

New Homes For Sale In Woodbridge Video By Erick Blackwelder of Exit 1st Choice Realty

New Homes For Sale In Woodbridge Video By Erick Blackwelder of Exit 1st Choice Realty

You Get Vital Information About New Homes For Sale In Prince William County From The Loacal Real Estate Guy

You Will Find Out About Framing A House In This Insightful Video

 

Text my phone at 703-677-1120, or call my cell at the same number, or contact me now by email Click Here 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity 
0 commentsErick Blackwelder • August 24 2010 11:52AM

Woodbridge Virginia Home Buyers And Sellers Paying 36% Higher Closing Costs Over Previous Years

Woodbridge Virginia Home Buyers And Sellers Paying 36% Higher Closing Costs Over Previous Years

Treasury Secretary Says Fannie Mae and Freddie Mac Will Be Nationalized Into A Government Agency

If Fannie and Freddie Become Government Agencies Will ALL Banks Be Heading Toward Nationalization?

You may be surprised to know the ugly stuff going on behind the scenes with the lending and appraisal business.

Government mandates that were focused on LOWERING closing costs are actually RAISING closing costs by 36%.

The video below explains what is happening behind the federal smoke and mirrors.

WARNING: The intro theme song is loud and raucous, so lower your speaker volume now, then raise the volume with the lads begin speaking.

Click the link below now.

 http://www.thinkbigworksmall.com/mypage/archive/1/52826/

Text my phone at 703-677-1120, or call my cell at the same number, or contact me now by email Click Here 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity  

 

0 commentsErick Blackwelder • August 18 2010 02:00PM

Choosing A Home Size When You Buy A Home In Woodbridge Or Manassas Virginia

Choosing A Home Size When You Buy A Home In Woodbridge Or Manassas Virginia

Your Basic Standards Exceed Your Parent's Biggest Dreams

Are We Spoiled Rotten?

You would be surprised, even stunned to find out that a typical first-time buyer EXPECTS to get a home with at least 2,500 - 3,000 finished square feet, 3-4 bedrooms, 3-4 bath rooms, a gourmet kitchen, and a family room, a theater/media room for watching movies, and a home office.

If what I said in the previous sentence did not surprise you, consider this: we Baby Boom babies grew up in homes that typically had 1,000-1,200 square feet, 2-3 bedrooms, 1 bath room, a black-and-white TV in the living room that didn't have a remote control.

It was common for the bedrooms to be called Mom and Dad's room, the boys bedroom, and the girls bedroom. Yep, the kids shared bedrooms.

Gentle reader, your humble author shared a bedroom with my older brother in 2 different 2 bedroom houses over 4 years on Air Force bases in Texas and Hawaii.  I didn't get my own bed room until I was 10 years-old.

We had neighbors whose religious faith prohibited birth control, and, in fact, encouraged large families.  It was common for the boys room to have 2 bunk beds for 4 boys and 2 twin beds for the 2 girls in their room.

We had a telephone in the kitchen.

Then in 1967, Mom and Dad had a home built, with extra wiring for a phone in the master bedroom, in addition to the phone in the kitchen.  The TV was still black-and-white.  It was in a new room we never had before... the Family Room (Wow!).

I enjoyed visiting my great-uncle Van because he had a color TV with a remote control that changed the channels among the 3 networks, a button that raised the volume, and another button that turned the volume down.

Some time around 1972 we got a color TV and an automatic garage door opener.

Only Dad's income was needed to support our home, pay for food, clothing, cars, and entertainment.

Today, it takes 2 incomes for first-time buyers to support their 2,500-3,000 square foot homes with  3-4 bedrooms, 3-4 bath rooms, a gourmet kitchen, and a family room, a theater/media room for watching movies, and a home office.

Astounding.

 

0 commentsErick Blackwelder • August 13 2010 05:43PM

Woodbridge VA Affordable Homes With Home Loans In The 4% Range

Woodbridge VA Affordable Homes With Home Loans In The 4% Range

Home Buyers Can Get More Home For Your Money While Rates Are Low

Home Owners Can Lower Your Payments By Refinancing Your Existing Home Loan

Now is a good time to buy a home, and fund your purchase with a home loan in with 4% range. 

If you own your home, and you have a higher loan rate, consider refinancing to a lower rate. 

Oh, and if your existing home loan is an FHA or VA mortgage, you can use the FHA/VA Streamline Refinance Program that you'll learn about in this short video.

 

Text my phone at 703-677-1120, or call my cell at the same number, or contact me now by email Click Here 

Erick Blackwelder -Woodbridge VA 22192Peggy James Lake Ridge VA 22192

 

Erick and Company-Top Realtors Woodbridge VA

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity 
0 commentsErick Blackwelder • August 11 2010 02:28PM

Fan Mail From A Happy Customer

The Email Below Is From A Couple Who Bought A Home With Our Help

Nothing Better Than Fan Mail To Make My Day Brighter

You Can Count On Us To Give You The Same TLC We Gave To Dee-Dee And Jack

"Dear Erick & Patty~ It’s been 2 years July that you helped us move into our new home in Bristow at Victory Lakes.

I wanted to take the time to tell you how GREAT these 2 years have been for Jack and I.

We LOVE our home! I mean LOVE our home!

It has become a safe haven for us as well as the peace that we both need in our life after a long hard days worth of work.

Moving into this home would not have been possible if Erick had not kept slugging it out with the bank who kept counter-offering.

Jack and I have transformed the home that once needed TLC! It is always a work in progress but it has been so much FUN and we have never been so happy!

We have also found friends that live throughout the neighborhood. Life-Long Friends!

We would love to have you out to our home sometime.

Dinner, or just a cup of coffee as I am sure you love to see transformations.

Hope to hear from you soon and I hope you and your family are well.

Did I forget to mention that WE LOVE OUR HOME!!!!

Jack and Dee-Dee

2 commentsErick Blackwelder • August 10 2010 04:42PM

Congress Raises FHA Loan Fees To Save You Money (Say What?)

Congress Raises FHA Loan Fees To Save You Money (Say What?)congress sets higher FHA loan fees

Congress Just Raised Loan Fees For FHA Loans CLAIMING The Higher Fees Will Save You Money

Talk About "Fuzzy Math"

New FHA Loan Rules Begin September 7, 2010

The Senate just ratified a House bill and sent it to the President for his signature.

Fannie Mae and Freddie Mac claim the features in the bill will save you money.  Gee, that's great.

How will the new rules save you money?  It does so by raising your FHA loan fees.

Talk about an oxymoron from the land of morons.

Don't get me wrong... FHA loans are the best loan program, even with higher loan fees. 

Were I buying a home, I would choose an FHA loan because the down payment is just 3%, and I can negotiate a credit from the seller to pay for most of my closing costs.

When you click the link below you will be directed to a video that explains the changes coming September 7.

WARNING: Lower your speaker volume when you click the link because the opening theme song is LOUD.  Then be prepared to raise the volume when the show begins.

CLICK HERE NOW to see a video featuring a pair of lending and realty experts explain how Congress can save you money by raising your loan fees.

Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's

Equal Housing Opportunity

  

Search Immediate Delivery Homes, Foreclosure Deals, Approved Short Sales, Vacant Homes, Just Listed Homes, Just Reduced Homes, New Homes even For Sale By Owner Homes listed on the MLS Begin Here

1 commentErick Blackwelder • August 10 2010 01:11PM