October 31, 2008
Vol. 9, No. 10

IN THIS ISSUE

Bush Admin Launches ‘Hope for Homeowners’ Program to Help Struggling Families
Interior Designers Add Quality to Build Value
Existing-Home Sales Rise on Improved Affordability
Putting Your Money Where Your House Is
States Step Up Foreclosure Relief
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BUSH ADMIN LAUNCHES 'HOPE FOR HOMEOWNSERS' PROGRAM TO HELP STRUGGLING FAMILIES

The Bush Administration unveiled additional mortgage assistance for homeowners at
risk of foreclosure. The HOPE for Homeowners Program will refinance mortgages for
borrowers who are having difficulty making their payments, but can afford a new loan insured by HUD’s Federal Housing Administration (FHA).

Full Story:
Click Here

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The Advantage Realty Associates' Realty News is brought to you by the mortgage professionals at Severn Mortgage. Contact Lawrie Vick at 703-851-8090 or 703-779-2225 for all your mortgage financing needs. Severn Mortgage offers numerous loan programs. We take an uncommon approach to home financing. Our clients are our TOP priority! So, why not give Lawrie or her team a call and tell them we sent you. Remember. Your Home is MORE than Just a Dream… It’s A Destination.
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INTERIOR DESIGNERS ADD QUALITY TO BUILD VALUE

During the real estate boom, staging and cosmetic touch-ups were often all it took to launch buyers on a desperate race to make an offer before they ended up in a price-escalating, multiple-offer showdown. Now that calmer conditions exist for buyers, superficial or fashion-based make-overs may not be enough to trigger an offer. Learn more.

Full Story:
Click Here

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PLANNING TO BUY? PLANNING TO SELL? Call the Advantage Realty Associates Team - Pat Billheimer, Beverly O'Toole, Bob Lafferty and Maria Nicolau at (703) 433-7735, homes@cometovirginia.com, http://www.cometovirginia.com
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EXISTING-HOME SALES RISE ON IMPROVED AFFORDABILITY

Existing-home sales increased last month as buyers responded to improved housing
affordability conditions, according to the National Association of REALTORS.

Full Story:
Click Here

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THINKING OF BUYING? See thousands of Hot Properties at http://www.cometovirginia.com
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PUTTING YOUR MONEY WHERE YOUR HOUSE IS

Despite the mercurial nature of energy costs, there never has been a better time to invest in energy saving measures in the home than now. Historically, anything that is applied or installed in a home in an effort to save energy or conversely, eliminate energy waste, has always had a return on the investment.

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WHO DO YOU KNOW THAT'S PLANNING TO BUY OR SELL? Call the Advantage Realty Associates Team - Pat Billheimer, Beverly O'Toole, Bob Lafferty and Maria Nicolau at (703) 433-7735, homes@cometovirginia.com, http://www.cometovirginia.com
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STATES STEP UP FORECLOSURE RELIEF

A new report about the ravages of foreclosures on the state level also documents the burgeoning state-level response to keep people in their homes. It's a must read for consumers seeking help.

Full Story:
http://realtytimes.com/rtpages/20081030_relief.htm

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