Thanks for the visit!

Thanks for watching!

Reston is great area all around!

Thanks for watching!

Thanks for watching! I couldn't agree more. There's so many great things to do...hiking, biking, fishing..just an hour to the mountains! It's a beautiful part of the country.

Thanks for the comment. Quick question: Are you asking about interest rates specifically or the strategy and planning that goes into the mortgage and budget planning process? Thanks!

@@roysterhearthgroup the expectation at the time of the video of the interest rates going down in the near future. That's why the idea of financing a higher amount "knowing" you will refinance soon is often not a smart move. Greetings.

Thanks for the explanation. You're right. Consumers must be comfortable managing the mortgage payment at the interest rate they locked in when they 1st bought the home. I always cringed when I heard people say 'date the rate and marry the house'...you should plan on long term commitment to both. I appreciate you watching the videos @mguti090!

Thanks for the feedback! I'll try to get the music dialed in.

Hi @krispy5139 I'm not a CPA, but I found this resource that may be helpful for you. I would always run this by your CPA to make sure. Thanks for watching! www.rocketmortgage.com/learn/can-you-avoid-capital-gains-tax-by-buying-another-house#:~:text=You%20can%20avoid%20capital%20gains,property%20into%20another%20investment%20property.

@roysterhearthgroup that only allows you to exclude $250,00 if single and $500,000 if married.... apparently, they don't care if you are reinvesting your money into a new primary residence, they will still tax you anything above those limits.

Thanks for the input!

Thanks for watching! Yes, this is a great way to expand your real estate portfolio and teach valuable financial lessons to your children.

Thanks for listening! Structuring a deal is always based on market dynamics.

Thanks for watching, Julie!

Glad you enjoyed it!

Thanks for watching! It's just one of many hidden gems.

He definitely is full of knowledge!

Thank you! It’s really a great town to visit.

Let me do some research and drop some info soon!

Thanks for the comment! It really depends on the lifestyle one is envisioning for the individual or family's needs. Alexandria is a city that allows future homeowners several options for condo, townhouse or single-family home living. Do you currently live in the Northern VA area?

Thanks for the feedback. I agree! We'll work on it.

When do they anticipate this bill going to the floor? Chances of passing? Effective date??

I’ll see if there are any developments and update this thread.

Thanks for watching!

Thanks!

Thanks for watching, Bryan!

Glad it was helpful!

Thanks for listening! Is there anything that you would like me to touch on in the future?

It's a great place to live!

@@roysterhearthgroup Ty

Thanks, Matthew!

Hi Michael, Great question! I know that when we walk through properties with buyers, staged properties help the buyer clearly see the size of the space. Sometimes, it's hard to imagine if a certain size bed or couch can fit in a room. Also, there are challenging spaces to which a stager/designer can showcase in a way that may have not been thought of before. Lastly, a staged property can be an excellent way for buyers to consider viewing a home in-person just because of the wow factor that staging makes on professional photos. It's really a win-win for seller and buyers. Thanks for the response!

Absolutely! It truly helps buyers see the space in a new way.

You are welcome, Powlos!

Thanks you for the comment! We'll make sure to check audio on future interviews. -Tim

Glad you enjoy it!

You are most welcome, Powlos!

Absolutely, Darshak! I'm glad it's helpful. -Tim

Thanks! The recent big increases in mortgage rates are causing a lot of buyers to move quickly to buy homes. Coupled with very low inventory, this has had an impact on rising home prices. However, over time, higher mortgage rates will likely slow down home purchasing activity and could slow down the price hikes. But right now, in Northern Virginia, buyers are still bidding over list price and prices are still rising. Hopefully, the increases in Fed interest rates to bring down the inflation would not cause a recession.

Thank you 🙌

That's right!