ADAM GARRETT

In many cases, a home you own won't count against you for a variety of supplemental support. That said, there are some cases when...

Image courtesy Housingwire Did you know that it's possible as a seller being represented by a listing agent (or a seller representing themself) to provide no buyer's agent commission? While that's been possible for years, following the NAR settlement, now it's official & a lot more people know about it. However, doing so substantially lowers your buyer pool and the agents that will push your property to their buyers, so I allow it if a seller wants to, but it's not something

Image by American Real Estate Photography at a former listing of Adam's where the owners used a kit to build it. Related Credit &...

Did you know that monthly section 8 subsidies are available for home purchases in some localities? Eligibility/Requirements for Families/Individuals: Where is it Available? A dashboard has recently become available here showing people which localities active HCV programs are available throughout the US . The ability to apply Section 8 subsidies toward a home purchase are highly dependent on the city/county & whether or not the local housing authority has gone through the ste

In this article, I share my map of over 1500 free things to do in & around Virginia, with a small % of those #s even around the globe. It's one of the unmatched resources I offer buyers. The heaviest concentration of where I've mapped things out is in SE VA, followed by the DC area. I also include some additional free maps for certain niches, including museums, parents, active duty military, pet owners, disabled, low-income, & more. The map: Map Basics The list I've created i

A typical assumption in real estate is where a buyer assumes a seller's loan at the time of sale, often at a lower interest rate than the...

Above: Richmond - Image by Author Impact of Supply & Demand on Real Estate Moseley Real Estate School in their broker course states the...

Realtor.com has come out with market forecasts for 2024. The results are good for Hampton Roads, ranked #16 out of the 100 largest U.S....

Above: image from a former condo listing of Adam's - image by Adam In this article, I wanted to go over some of the differences between condos and other houses, especially in terms of finances, & within finances, especially in terms of lending differences. Differences Outside the Scope of Lending Differences - Lower Rate of Appreciation Generally speaking, appreciation (by %) go from highest to lowest in the following order: Single Family Detached Homes Townhouses that are no

In any case where you're getting a higher level of income than you had before, whether you're getting a raise affiliated with a promotion...

Mike Hartnett - a Mortgage Loan Officer Listed Below In this article, I wanted to go over specific lenders that I recommend that you consider for your home purchase. Keep in mind that the lenders I would recommend for manufactured homes, mobile homes, land, construction to perm, and commercial real estate typically differ than my recommendations for typical home mortgages. Disqualification from Incentives Unless You Follow Lenders' Rules With some of the below, there are refe

Garrett Mortgage Powered by Langley Federal Credit Union Mortgage Banker No Money Down Conventional Excellent option for high-income ...

Consider Your Primary Bank, Especially If You Have a High Relationship Status Tier That Guarantees a Rate Reduction Here are some...

Did you know that homeowners have a statistically significantly higher net worth than renters? Per CNBC, "In 2019, homeowners in the...

You may have seen the "We Buy Houses!" signs, received postcards from them, received calls from them, or received texts from them. I have received many of each for my own rental property & other properties, despite being a real estate agent. If you haven't yet, you probably will soon if you become a homeowner. In this article, I wanted to go into why to disregard these almost entirely, & how you can have peace of mind that if you sell with a real estate agent, you wouldn't be

There are a number of options for non-profit and government assistance with home repairs. In this article, I'll be briefly touching on...

Nationally Available Assistance: Assistance Available to HIV+ Households Below 80% AMI HIV+ Household & below 80% Area Median Income...

Above: Image by Adam of a buyer before closing - used with permission In this article, I'd like to share some of the important preparations to make & expectations to have prior to closing. Before Closing: Get Secured Funds Ready in Advance Connect with your closing company about certified funds needed on or before closing day. These sometimes need additional time based on bank policies regarding the withdrawal of certified funds, such as max wire amounts from your account per

"What does time management have to do with real estate?" You might be wondering, but the importance of time management in real estate is...

I often get questions from buyers about how to pay off debts before a home purchase. Here are my top tips, in order of importance....