October 18, 2016

How Your Student Loans Affect Getting a Mortgage When Buying a Home

The decision to balance student loan debt with homeownership is an audacious one, and quite satisfying if it’s well-executed. Find out how your degree type and student loan repayment program influence your ability to secure different types of home loans – and learn what you need to do to demonstrate your capability as a borrower. Purchasing your first home is a huge investment, and an even greater accomplishment. To ensure your success, it’s imperative to have your finances in order. In particular, there may be much speculation and concern surrounding the impact of student loan debt on home-buying achievement. Perhaps […]
September 26, 2016

Choosing the Right Buyer’s Agent

So you’ve saved up your down payment, and you’re ready to start looking for your first home? Choosing the right real estate agent to help you find what you’re looking for is an important variable in the purchase equation. While the housing market is awash with agents, there are essentially only two types; each one plays a different role in the real estate transaction. Seller’s Agent Vs. Buyer’s Agent Seller’s Agent:  This agent lists the house and works for the seller. In this role, the agent provides information about the buyers, help with pricing the property, and advises the seller during […]
August 5, 2016
Steps to buying a home

5 Steps to Buying a Home: Home Buying Process Explained

While buying a home can be a daunting process, there is plenty of help to assist you along the way. There are a lot of moving parts in today’s real estate market so most homebuyers hire knowledgeable professionals – agents, lenders and appraisers – to assist them in this exciting yet challenging endeavor. While professional assistance is key, personally understanding the purchasing process is just as important. Americans will move nearly a dozen times in their lifetime and equipping yourself with the following information is essential to your success as you search for your next home: 1. Prepare Yourself for Ownership […]
March 21, 2016
Home Buyers Seminar

Homebuyer Seminar at The YMCA, Tuesday, April 5th

Homeownership has been a key driver for many to build equity and long-term financial security. DC’s housing market is in demand, and now is a great time to learn more about the home buying process. Are you thinking of buying a home? Get started with tips from real estate and mortgage experts at this Homebuyer Seminar at the YMCA. Free Homebuyer Seminar Thursday, April 5th 6:30 – 7:45pm @ YMCA Anthony Bowen 1325 W Street NW Washington, DC 20009 Have more questions? Need help buying or selling your home? Talk to us: we can help!   [] 1 Step 1 […]
January 14, 2015

New Year, New Real Estate Contract In Virginia

The previous regional sales contract which can be used in DC and Maryland no longer applies to Virginia. For 2015 Real Estate transactions in Virginia now require a new contract. Agents at Central Properties were briefed by Sara Rodriguez, Title Attorney from Ekko Title, on some of the changes ushered in by the new Virginia contract and recent legislative changes to comply with regulations by the Consumer Financial Protection Bureau (CFPB). Have more questions? Need help buying or selling your home? Talk to us: we can help!   [] 1 Step 1 Pick a time to speak with one of […]
January 6, 2014
First Time Homebuyers

5 Tips for First Time Homebuyers

Are you thinking about buying your first home this year? It has been said repeatedly that this is one of the biggest financial decisions you will ever make. It’s both an exciting and nerve-racking time for perspective homeowners. Setting realistic expectations is a must; rarely do first time home buyers purchase their dream home. That may happen on the second or third purchase. The first step is to save! According the National Association of Realtors, 32% of all buyers cut spending on luxury or non-essential items. Twenty-six percent cut spending on entertainment, 20% cut spending on clothes and 13% canceled […]