The Federal Housing Administration (FHA) has a loan program for rehabilitating homes and communities called the 203(k) Loan Program. Better known as a “Rehab Loan.” This program is meant to encourage new home ownership, rehabilitation of neighborhoods, and communities. One advantage of this program is that “buyers can focus on...
Author Archives: Lisa Oates
Harrisonburg Area Real Estate Market Report: December 2009
Happy New Year! With another month (and year) coming to a close, it is time to review the previous month and look at the stats for 2009. Honestly, 2009 was a tough year for many, and this report proves it, but our area was thankfully not hit nearly as hard...
Drinking Water Quality in Harrisonburg
You’re thirsty. You grab a glass from the cabinet, walk over to your kitchen sink, and fill ‘er up. Ever wonder what goes into that glass? An Environmental Working Group website now gives users the ability to see what chemicals and/or contaminants are in your drinking water, by searching by...
Neighborhoods Near James Madison University (JMU)
James Madison University (JMU) is a large — and positive — factor in the economy of Harrisonburg and the surrounding area. JMU currently offers 68 undergraduate degree programs, 30 master’s programs, approximately 18,000 students, and a land mass of 696 acres of campus with 108 buildings. Many students live off...
New Website For Homeowners: HouseLogic
If you are a homeowner, or are thinking about becoming one, you should definitely check out HouseLogic, a new website by The National Association of REALTORS® (NAR). Although the site is still in beta mode, it provides a wealth of information and how-to’s for homeowners. Currently, the navigation consists of...
5 Reasons to Use an Agent When Buying a Home
Many home buyers — especially first time home buyers — don’t know or don’t understand how using a buyer’s agent works. Buying a home can be a confusing adventure, so it’s important to have an expert on your side, who works with buyers day in and day out, helping them...