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It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. 

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Real Estate Tips
Financing Your Home >If You Are Self Employed

There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.

However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.

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Real Estate Trivia
Q 
What is the mysterious American island whose private owners are intent on preserving the ways of early island life?

A 
The Robinson Family, owners of Niihau, Hawaii, have done everything in their power to preserve traditional ways.
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Wolf Run Realty, REALTOR®, real estate agent and broker for Northern Virginia, Fairfax Station and Clifton, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Diane Lenahan
Wolf Run Realty

12644 Chapel Road
Clifton, VA 20124
www.WolfRunRealty.com
Phone: 703-283-7328
Fax: 703-997-8933
Email: DLenahan@WolfRunRealty.com
Email: DLenahan@TheWolfRunGroup.com

NVAR & PWAR Million Dollar Sales Club, Lifetime Top Producer, serving my clients in Northern Virginia, Clifton, Fairfax Station, Arlington, and Alexandria for over 12 years, and Belmont Bay in Woodbridge since 2005.

GRI CRS CRB REALTOR Equal Housing


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