Fairfax County Real Estate

ALERT!!  The Veterans Administration has raised the loan limit for VA borrowers to $729,000 until December 31, 2008.

If you are in the market for a home and seek a NO DOWN PAYMENT loan for a home purchase in Northern Virginia, you can use your VA eligibility to finance a home up to $729,000. 

Also, the seller, under this loan, may pay ALL CLOSING for you. 

NO MONEY DOWN, 100% FINANCING, ALL CLOSING PAID. 

For more information, contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.

FINANCING YOUR HOME IN FAIRFAX COUNTY, VIRGINIA

Real Estate Assessment Notices

• Fairfax County has an annual assessment program where all real property, residential and commercial, is assessed at 100% of the estimated fair market value as of January 1 of each year.
• Real Estate Assessment values may increase or decrease due to a variety of reasons including changes in economic conditions, structural changes, land divisions, and rezonings. If you believe that your property has been over-assessed, you may appeal your assessment.
• The annual real estate tax is based on the January 1 assessed value and a real estate tax rate determined each year by the Fairfax County Board of Supervisors.

What’s in a home loan?? P.I.T.I.

Principal: Monthly payments that reduce your loan balance in small increment.

Interest: Monthly payments to the lender based on the interest rate for your loan charged on the unpaid balance.

Taxes: Real estate taxes paid from an escrow account held by the lender through a 1/12th of the annual real estate taxes included in your monthly payment.

Insurance: Hazard insurance, fire, theft, liability insurance paid to the mortgage company in payments of 1/12th of the annual premium each month.

Fairfax County Buyers Agents helping home buyers find homes to buy; new homes, resale homes, condominium homes, town homes, single family homes in Fairfax County.

Help with home search, home finance, home inspection, settlement.  We walk with you from search to settlement.  Buyers agents helping home buyers in Fairfax County.

FAIRFAX COUNTY REAL ESTATE AREAS SERVED: Alexandria, Annandale, Burke, Centreville, Chantilly, Clifton, Fairfax City, Fairfax Station, Falls Church, Great Falls, Lorton, McLean, Merrifield, Mount Vernon, Oakton, Reston, Springfield, Vienna and more.