Why Do I Need Title Insurance in Virginia?

Virginia Title Insurance

Before purchasing a home, it is vital that you have a better understanding of title insurance policies that are available for both lender and homeowner protection in Virginia. If obtaining a mortgage, title insurance will be a requirement to shelter the lender for the full amount of the loan until … [Read more...]

4 Common Pitfalls to Purchasing a Foreclosure Property in Virginia

Virginia Beach Foreclosures

Due to the mortgage crisis that our country faced over the last several years, there are continually more and more foreclosure properties in Hampton Roads that are being put up for sale. Of course, this can be very tempting for homebuyers as people can sometimes get properties for 30% or even less … [Read more...]

Norfolk Home For Sale

Norfolk Home For Sale

Beautiful centrally located home just minutes to bases, beaches, parks, golf and Downtown Norfolk. This 3 bedroom, 2 bath home has recently been updated with new kitchen and baths. All appliances convey including wine cooler. Large master suite upstairs with sitting area and new zoned heat and air. … [Read more...]

Requirements of the FHA 203K Program

FHA 203K in Hampton Roads

Some of the requirements to obtain a FHA 203K loan in Hampton Roads are: -The dwelling must be at least one year old.   -It must be a one to four unit dwelling.   -$5000 or more in repairs need to be done.   -Can not exceed 110% of after appraised … [Read more...]

What is FHA 203K Program

Hampton Roads FHA 203K Loan

The FHA 203K loan program is for residential home buyers who would like to buy a home and renovate it. This program allows you to get one loan that covers the purchase price of the home as well as the rehab costs. This program is for owner occupied properties only. For more information on the 203K … [Read more...]