Chuck Rifae's Blog Posts

Just Listed 40522 BANSHEE DR LEESBURG

Just Listed 40522 Banshee Dr LeesburgAmazing opportunity to own a truly exceptional home in sought after Courtland Village. This home is only one of a small handful of homes that offers a four car

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Best And Worst Schools In America

There are few things that will impact the overall value of your home more then the schools that your home feed into your neighborhood. Below is a state by  state ranking of school systems.

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11225 STAGESTONE WAY 16 MANASSAS VA 20109

Click for tourRarely available end unit townhouse style condo. This recently updated home features 3 bedroom, 2.5 baths, 1 car garage, completely updated kitchen with granite countertops,

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What To Expect From Your Home Inspector

Home inspections kill one in three deals! Here is a quick article that speaks to what you should expect when you are selling your home this season.Home inspections can be value, but sometimes they

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CLARENDON 1021 Coming Soon

Fabulous sought after Clarendon 1021. 1st floor condo - 750 sq ft with a great open floor plan.  Two blocks to Clarendon METRO includes extra large garage parking spot.  

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US Home Prices Rise At Fastest Rate In 31 Months

The Housing Market in the Washington DC and Northern Virginia area is HOT! A combination of rising interest rates and tight inventory has finding that perfect home that much harder. The

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110 Open Houses In Loudoun This Weekend

Checkout all Loudoun County Open Houses

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Is February The Best Time To Buy A Home

A recent report from ATTOM Data Solutions looked at 50 million sales of single family homes and condos between 2000 and 2016 and found that homes that sold during February sell at 6.1%

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Down Payment Assistance DPA Grant Program

All new VHDA loan grant program starting March 14th! This program will give you your down payment! YES, GIVE..as in you do not need to repay! Below are all the details. Got Questions? Call or

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Get Up To 75000 For Closing

Prince William wants to help residents buy a home.According to a Prince William County Government release, the county has a program – called the ‘First-Time Homebuyer Program – that monetarily

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New Housing Crisis

According to CNBC our next housing crisis is going to be the rental boom ..or should I say pop. Currently the majority of all tenants pay more then 50% of their income to rent. As we all know

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Is Fannie Mae New Home Ready Program Good For You

In a few weeks Fannie Mae will being rolling out a brand new loan program to those struggling to buy their home. Here are some highlights:1. Down payments as low as 3 percent.2. No minimum

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Home Selling Mistakes That Could Cost You A Lot Of Money

Real estate is a local experience, so be prepared for varying conditions depending on where you live. In much of the Midwest, West, and South, for example, sellers have the most leverage, according

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Millenials Ready To Buy Homes

A low credit score thwarted Marie Kapelke and her husband Mike Biethan's plans to try to buy a house early last year.When the couple, both 26, met with a mortgage specialist in December 2013, they

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4 Reasons You Could Be Denied Credit

So, you've thought about whether renting or buying your next home is the right decision for you. If you decide to buy a home, you'll likely have to prepare for financing your purchase with mortgage

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Zestimates Are From From Gospel

When "CBS This Morning" co-host Norah O'Donnell asked the chief executive of Zillow recently about the accuracy of the website's automated property value estimates — known as Zestimates — she

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Useful Credit Inforamation

In case you missed it, there was a very useful article in the Washington Post about credit scores. We have more than the 3 we all think about, depending on what we buy.  Here is the full:

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December New Home Sales Up More Than 11 Percent

Sales of new U.S. homes accelerated strongly in December, a sign that home-buying may improve this year after a lackluster 2014. The Commerce Department said Tuesday that new home sales climbed 11.6

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Making It Cheaper For First Time Home Buyers

Uncle Sam wants to make it more affordable for Americans to buy their first home. The recent policy changes affect government-backed home loans and could make it less costly for first-time buyers to

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Online Mortgage Toolkit

The Consumer Finance Protection Bureau has created a new toolkit for consumer to shop for Lenders and find the best deal possible. The toolkit enables consumers to get information and understand

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Starting Your Home Search

A home's price shouldn't be the only factor in your search. Also consider the location and quality of the property.Buying a piece of real estate is different than buying a home. The former requires

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Spruce Up Your Home For Potential Buyers

Any real estate agent can tell you that a home that is well-maintained and nicely decorated "shows well." Other things being equal, this kind of home will sell faster and for a higher price than a

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Cut In FHA Premiums Could Save You Thousands

WASHINGTON (Reuters) - U.S. President Barack Obama is set to announce a 0.5 percentage point reduction of Federal Housing Administration mortgage insurance premiums to 0.85 percent, Bloomberg

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5 Fairfax And Loudoun County Real Estate Trends To Watch Out For In 2015

Here are 5 real estate trends that will impact real estate  sales in the Fairfax/Loudoun county area.*  Inventory- How many sellers will list their homes and how much will

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How Home Ownership Serves As A Steppingstone To Wealth

 Here's a recent article from Real Estate News By Jonathan SmokeA recent editorial in the New York Times focused on homeownership and wealth creation, drawing on research from

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Mortgage Forgiveness Tax Extended

Mortgage Forgiveness Tax Extended: On December 16, 2014 the Senate passed the Tax Increase Prevention Act of 2014 by a vote of 76-16. This bill includes a one year extension of several expired

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Government Moves To Boost Real Estate

Getting a home loan is about to get easier. That’s because Fannie Mae and Freddie Mac, the two government-backed residential finance giants that backstop a majority of all home loans, have

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Important Things To Do When Ready To Buy A Home

So, you have been looking at homes online for a while and now you are ready to go out and look for real. Before you do, take the following steps. It will save you time and disappointment.;-

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Mortgage Outlook For 2015

The average 30-year fixed rate hovered around 4% in the past year, ending October at 3.98% (a one-year adjustable-rate mortgage averaged 2.4%). Kiplinger thinks that the 30-year rate

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30 Year Fixed Rates Down

Average U.S. long-term mortgage rates fell for the fourth straight week, a continuing boon for potential homebuyers.Mortgage company Freddie Mac said Thursday the nationwide average for a 30

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Four Mortgage Programs For Any Buyer

It’s no secret that mortgage rates have been falling over the past year but did you know that mortgage programs have also become more flexible?  Here are four great programs to help just

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Credit Repair

We have all seen these Credit Repair ads on TV promising to remove negative information from your credit file and showing your credit score go up and up. At the end of the ad, you are ready to

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30 Year Mortgage Rates Back Above Four Percent

oving higher for a second week, the 30-year mortgage rate broke back above 4%. Freddie Mac calculated that lenders were offering the most popular home loan at an average of 4.02%.Rates rose for

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First Time Home Buying At Lowest Level In Three Decades

First-time home buyers aren’t buying homes like they used to.The share of houses bought by first-time owners is at its lowest level in nearly three decades and down sharply from 2013,

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Home Improvement Savings

We are in the midst of Fall and besides apple picking and pumpkin carving now is the perfect time for home improvements. Why is now the perfect time to think about that? It's because contractors and

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Are We There YET A Short Story About Our Local Housing Market

Have you ever been on one of those long car rides where someone in the car keeps asking, “are we there yet” or “how much longer”? Those of us in the real estate industry have been asking

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2014 Housing Market Snapshot Graph

Well, 2014 summer housing season is officially a wrap! Today our August installment of the Northern Virginia housing report is out. In one word I think most of us in the RE Biz would say that this

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New Fix And Flip Home Sale Program

We all know that a well renovated home will sell for more and faster than an otherwise not renovated home.  But who has the money or the time to pay for renovations or to hire contractors to do

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Search Every Home Listed In The MLS Instantly

Did you know that you can search the entire MLS using your Smart Phone? Search like Realtor, save, share and email your favorite listings! Checkout my new home search app(CLICK HERE).  Its

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Four Reason Why Your House Is Not Selling

It’s been 30 days and you’ve only had a few folks come through your home. Your agent has been very silent and you are starting to see more houses in your neighborhood hit the market. So, why is

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What Is A Pre Foreclosure

What is a Pre Foreclosure?Have you ever seen a website advertise a “pre-foreclosure” list and wondered what exactly is a “pre-foreclosure” list? Is it a short sale or some sort of limbo

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Highest March Level Median Sales Price In Seven Years

The Northern Virginia area and specifically Ashburn, Leesburg and Reston areas are seeing some of the highest resell prices in seven years! Here is the breakdown for this months real estate market

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DC Cherry Blossoms VS Vienna Cherry Blossoms

Don't want to deal with traffic, parking problem or crowd?  I found this cool place in Vienna.  It's meadowlark botanical gardens.  From there you could avoid those traffic and

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PGA Tour Coming To Gainesville In 2015

Golf legend Tiger Woods has chosen the Robert Trent Jones Golf Club in Gainesville to host his foundation's invitational professional golf tournament in 2015.  The private club on the banks of

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February Northern Virginia Real Estate Market Report Video

Here is the latest Northern Virginia Real Estate Market Report covering all of Ashburn, Haymarket, Leesburg, Reston and surrounding areas. Take care

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Neighborhood Spotlight Purcellville Green

Neighborhood Spotlight: Purcellville Green     Toll Brothers is introducing their latest offering in the Town of Purcellville, Purcellville Green.   Here are some

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Defer Taxes On Your Sold Investment Real Estate Property

Do you have a real estate investment property that has appreciated substantially in value?  Maybe you'd like to sell, but you don't want to pay the significant capital gains tax and

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Neighborhood Review Of Willowsford

Willowsford is one of our areas newest planned communities in Loudoun County. The mantra of Willowsford is “Inspired Living”.  Willowsford accomplish this by offering a little something for

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Spring 2014 May Be An Excellent Time To Buy A Home In Northern Virginia

According to Real Estate Business Intelligence, RBI, January 2014 saw an increase of 8.11% for a median sold price home over January 2013 in Northern Virginia.  The forecasts by most

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Sunday Open Houses Fairfax And Loudoun County

Checkout all the Open Houses in Fairfax and Loudoun for Sunday March 2.Click HERE for a complete

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Is It Cheaper To Buy A Home Than Rent

That depends on a number of factors.  According to a recent article in Fortune Magazine regarding an analysis by Trulia Chief Economist Jed Kolko, homeownership is 38% cheaper than renting

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How To Buy Your Next Home In A Sellers Market

The market has changed, in case you didn’t notice all the news headlines indicating such. Record low inventory, record low interest rates, and a recovering employment market are making this one of

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How Much Do You Need To Earn To Buy A Median Price Home In The Washington D C Area

According to the publications Daily Real Estate News, and HSH.com, which concentrates on developments in the mortgage and housing markets, the median price home in the Washington D. C. area is 

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How To Measure The Square Footage Of A Home

                 I’m sure your first thought when you read the title was “how hard is to multiply length times width?” Well, depending on if you

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How Much Should You Pay To Sell Your House

How much should you pay to sell your home? 6%, 5.5%, 5%. What if I said that I could market your home for only 4.5%? First, let’s start with what full marketing services mean. Here are some of my

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