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All agents are NOT alike! Find out why we are top real estate experts. Call us: 703-216-9669.
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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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Mernin Associates
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Welcome to America’s #1 Real Estate Experts for Reston, Ashburn, Vienna, Herndon, and Western Fairfax and Eastern Loudoun Counties.  Welcome to America’s #1 Real Estate Experts for Reston, Ashburn, Vienna, Herndon, and Western Fairfax and Eastern Loudoun Counties. The Dulles Corridor (as this area is referred to) is the fastest growing area in the greater Washington D.C. metropolitan region. Award winning schools, low taxes, tremendous job growth and numerous cultural amenities make the Dulles Corridor one of the east coast’s most desirable locations. Whether you are a potential home buyer relocating to Northern Virginia or a current resident of the region, we have tried to make this web site a valuable resource. By providing useful and timely information, we hope to make your housing decisions easier and more informed. As the recipient of the Outstanding Service Award, we understand the benefits and value of good and timely service with thorough follow through. Once you work with us, we hope you’ll understand why we believe “You’ll Be Moved By Our Efforts.” We are affiliated with Long & Foster Realtors, the largest real estate firm in the Mid-Atlantic region. With over 40% of the Washington D.C. region’s market share, Long & Foster Realtors has the resources we need to better serve our clients. Whatever your real estate goal, a resale or a new home, a first time homebuyer or experienced investor, commercial or residential properties, we bring the skill set and experience to ensure a smooth and successful transaction. Your experience with our team will demonstrate the value of working with committed full-time agents and save you time and money. If you are relocating outside the Northern Virginia area we would be happy to refer you to an experienced agent. ~~ Mernin & Associates  
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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What might happen to the Empire State Building in extreme weather?
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| A |
The Empire State Building can sway several feet to either side when buffeted by a severe windstorm or rainstorm. |
See More Real Estate Trivia > |
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