Fairfax County Real Estate

HISTORIC MORTGAGE INTEREST RATES.  To get a good perspective on how important this report is, just look at the historical mortgage interest rates for the past 28 years.  From an average high of about 13.40% to an average low of about 4%, interest rates offer CASH SAVINGS TO HOME OWNERS.  

Contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.

BUILDING WEALTH THROUGH HOME OWNERSHIP. 

Home buyers ALERT.  With today’s low interest rates, YOU can benefit two ways, low monthly mortgage payments and mortgage interest deduction. 

OPPORTUNITY TIME FOR HOME BUYERS.  Home buyers who are in the market today will benefit for as long as they own their home. 

HISTORIC MORTGAGE INTEREST RATES.  To get a good perspective on how important this report is, just look at the historical mortgage interest rates for the past 28 years.  From an average high of about 13.40% to an average low of about 4%, interest rates offer CASH SAVINGS TO HOME OWNERS.  

BUILDING WEALTH THROUGH HOME OWNERSHIP.

OPPORTUNITY TIME FOR HOME BUYERS.  Home buyers who are in the market today will benefit for as long as they own their home. 

SEE DETAILS HERE ON LENN’S BLOG.

ENJOY.  Contact us when you’re ready to tour homes for sale.

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.