Heather Embrey's Blog

  Over the years I have learned to accept what I can not change.  Zillow is one of those things I have to accept.  I'm not sure why, but recently I have run in to a larger than usual mess of homes that Zillow shows "for sale" yet were either under contract already or even worse, sold.   I underst...

When Redfin moved in to Northern Virginia, I was so excited.  At last, an innovative real estate model that benefits the consumer!  After completing their extensive interview process, I was invited to join as a partner agent.  This means my license remains with my broker, McEnearney Associates, b...

I was out showing properties this weekend and happen to come across a limited service listing.  The seller was there upon arrival and he began a conversation with us.  I noticed a REALTORS listing presentation on the counter top and asked if he planned to change to another brokerage firm - info t...

Looking to buy a home?  Sorry for sounding like such a Realtor, but NOW really is a great time to buy in Northern Virginia.  Our area has balanced out and the worst is in the rear view mirror.  Here are a few tips to get the best use of your time while out viewing homes: 1. When your agent sends ...

Considering a condo in Northern Virginia for your next home?  Consider the costs & risks before making an offer.   There are obvious concerns (noise, pests & parking issues) and a few not so obvious.   1. Is the condo complex FHA (Federal Housing Administration) approved?  If you are planning to ...

  The mortgage insurance premium deduction has been extended through 2013 for mortgages taken out or refinanced after January 1, 2007! To qualify for a full deduction, a couple or a single taxpayer must have AGI of $100,000 or less to get a full deduction and no more than $109,00 to get a partial...

  Why is our local market struggling with values? I will credit the appraisal community for that. The absorption rate for condos in 22042 is 67% - well over the 33% margin that reflects the beginning of a Seller's market. Days on market is down 51% over last year and 59% over 2010. There are only...

Sad but true.  I have come across a few transactions recently that have almost allowed me to loose faith my fellow agent.  However, I am keeping the faith because I know for each "bad" experience I run into working with a less-than-stellar agent,  there are many other transactions where I am priv...

Finally, you have found the hidden gem of a home that you have been looking for! Located in a sleepy little neighborhood of Barcroft Woods, this grand 5 bedroom home is a rare combination of original charm (as evidenced by the original builder plaque in the foyer closet) & amazing updates includi...

Will upcoming revisions to the original HARP program actually help underwater homeowners?  Well, they certainly couldn't hurt - especially here in Northern Virginia. If the homeowner has a loan guaranteed by Fannie Mae or Freddie Mac, they may now be eligible to refinance without the restricting ...