Susan Walsh

Stafford & King George homes right now are a terrific alternative to renting and are sometimes cheaper. The opportunity to purchase a low priced home at low interest rates and have the government give you $8000 is here.

With the wave of foreclosures many of the homes are 50% off peak which means they are cheap. Most foreclosures are in decent shape and only need a good scrubbing. The interest rates have been at all-time historical lows. On top of that the government is giving first time home buyers $8000 of income tax they do not have to pay back if they stay in the home at least three years.

Timing the market is a tricky thing however there are some things we can be sure of. The forclosures will taper off and those are most of the best deals right now. The interest rate is more than likely to go up in the future. Once the backlog of un-sold homes gets cleared up the $8000 tax credit will most likely go away.

It's safe for Humpty Dumpty to jump off that wall. Jump!

Susan Walsh / Realtor - EXIT Realty Expertise - King George, VA 22485 (540) 809-1366

We as citizens of our wonderful country need to do our part in protecting it. All of us are affected by the downturn and it's up to us to remind people that there is lots of positive things happening out there like the upturn in re-sale home sales to name one.

America has had downturns in the past and we overcame them. The sky is not falling. Our confidence in the ability of our economy to rebound is essential to it's recovery. I challenge you to find the good news - usually buried on paragraph 6- and share it with every one you talk to.

Susan Walsh/Realtor - EXIT Realty Expertise - King George, VA 22485 (540) 809-1366

Serving Fredericksburg, Stafford, Spotsylvania, King George, and Caroline counties

It's a an ordinary FHA loan with a twist. Stafford and King George homeowners can re-finance with an FHA 203k HUD approved home loan to get the monies you need to make home improvements.

The loan closes and then the repairs are made. Do you need a new roof, HVAC system, windows, etc? Do you want to do cosmetic renovations like hardwood floors, interior & exterior painting, etc? The FHA 203k HUD approved home loan is for you.

In addition, there maybe tax advantages for improvements that save energy like replacing an old heat pump(see your tax professional).

Yippie! This is good news that makes sense.

Susan Walsh / Realtor - EXIT Realty Expertise, King George, VA 22485

Cell (540) 809-1366

It's a an ordinary FHA loan with a twist. Stafford and King George homeowners can re-finance with an FHA 203k HUD approved home loan to get the monies you need to make home improvements.

The loan closes and then the repairs are made. Do you need a new roof, HVAC system, windows, etc? Do you want to do cosmetic renovations like hardwood floors, interior & exterior painting, etc? The FHA 203k HUD approved home loan is for you.

In addition, there maybe tax advantages for improvements that save energy like replacing an old heat pump(see your tax professional).

Yippie! This is good news that makes sense.

In Stafford, King George, and the greater Fredericksburg area we have been plagued with high inventory which suppressed the market. A couple of years ago the inventory for our realtor association got up to around 4500 listings. At this moment the count is around 2689 active listings, 560 listings under contract, and 247 listings that closed escrow in the past 30 days. This means we are showing signs the market is turning the bend to recovery.

As with the last cycle our prices should flatten out and then slowly rise for a few years before we hit a big boom again.

For investors this is a great time to purchase .

Please call me with any real estate related questions.

Susan Walsh/EXIT Realty Expertise/540/ 809-1366