The good news is that they’re not as difficult as they were several years ago. As Carl Spackler would say …
Why Are Condos So Hard To Finance?
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Tag Archives: financing
100% Financing IS Available in Blacksburg
For the longest time I’ve been under the impression that 100% loans have not been available within Blacksburg and Montgomery County; those programs just haven’t been available. Then earlier this week, I learned of a program that StellarOne Bank has been offering to do just that.
From Inman.com – The Anatomy of a Real Estate Appraisal
This article is cut and pasted from Inman.com, with a link to the full article here. I didn’t want it disappearing behind their pay wall. Every area is a little bit different, but this is a good, comprehensive look at the mechanics of a home appraisal. You can find New River Valley real estate tax rates here.
Why Is It Harder To Sell A Blacksburg Condominium?
Recently, I was talking with someone regarding the oversupply of condominiums in the Blacksburg market, and I was asked what I thought it’d take for condos to begin selling again. I tried to be as honest as possible in my answer, saying that two things needed to happen in order for the condo market in Blacksburg to begin picking up again:
Should You Prepay Your Mortgage?
It depends, really, but Bigger Pockets has a good breakdown of the costs – realized and otherwise – of the considerations.