You are currently browsing the Ethical Homes archives for the 'Education' category.
In a previous article, I gave some rough rules of thumb for estimating monthly mortgage payments; based on feedback from buyers over the last few years, I’ve come up with some simpler ways of getting those estimates, including one trick that makes it easy to see how much your payment will change if your interest rate changes. Read the rest of this entry »
A lot of homeowners have recently been getting offers of “Mortgage Protection Insurance”, which would pay off their mortgage in case of death or disability; for most homeowners, though, Mortgage Protection Insurance isn’t a great deal. Read the rest of this entry »
Here’s what’s acceptable curbside at your house and what’s not. Read the rest of this entry »
Lots of fun events take place on the Mall, but this is the only one we know of directly related to real estate. Read the rest of this entry »
That was the question posed to me recently by a visitor to my website. Read the rest of this entry »
I’m often asked about interest-only loans, which many buyers in this area are using to purchase new homes; I usually advise strongly against them, but for one recent couple with whom I was working, an interest-only loan actually made a lot of sense. Read the rest of this entry »
For the attendees of the July 30th seminar for first-time homebuyers: please accept my apologies for the printing issues that prevented me from bringing handouts for the seminar, and for not being able to get to everyone’s questions in the alloted time. Here are the materials from the handouts, plus some other notes; if you still have any questions, feel free to contact me and I’ll answer them. Read the rest of this entry »
Why is it in your interests as a buyer to sign an exclusive Buyer-Broker Agreement with your real estate agent in Virginia and the District of Columbia? Read the rest of this entry »
I’ve been getting a lot of questions recently from buyers about how shopping around for loans affects their credit score; I’m putting together an article on the topic of choosing a lender that will address this question, but in the interim, you can read Fair Isaacs’ official stance on the topic.
