Rani Raja Realtors

571-721-8318
Let me know how I can help you

			"I would give my 100% reference for Rani since she was not just business minded and thought of what is best for the client. My Wife and I would like

	Tips for Home Buyers
	Buying your first home can be an exciting, yet often overwhelming experience. These tips will help you navigate the process.

	Clean up your credit
	If you have poor credit, you are a bigger risk in the eyes of lenders. You’ll pay the price in the form of higher interest rates. Make a point of paying auto loans, credit card bills, and other payments on time and in full.

	Save
	You may need money for your down payment, closing costs, moving and other expenses.

I am a full service REALTOR® with experience and knowledge of northern Virginia and surrounding areas. Northern Virginia area is a great place to live, with a strong local economy, extraordinary employment opportunities and top notch schools. Homebuyers will benefit from the diverse stock of available housing.

I am dedicated to using my expertise, sales systems, and hard work to provide efficient and effective real estate service to my clients. As a true professional, I not only expect to meet my client's expectations, but exceed them!

Customer satisfaction is ALWAYS guaranteed!

House Bill Aims to Stabilize Housing, Addresses Foreclosures and Stimulus
A bill that embraces the need for righting the housing market-the first big step toward economic recovery-was introduced Friday in the U.S. House of Representatives.

The bill would require the Treasury Department to develop a program, outside the Troubled Asset Relief Program, to stimulate demand for home purchases and lower property inventories, by making affordable mortgages available for qualified buyers through interest rate buy downs, a priority of the National Association of Realtors®.

The measure would amend the TARP provisions of the Emergency Economic Stabilization Act of 2008 to make significant steps to reduce foreclosures, strengthen accountability and close loopholes.

NAR President Charles McMillan was heartened by the legislation that would move the housing market forward. “The bill proposed by Chairman Frank is an important first step toward launching a real estate recovery. Housing has always led this country out of economic downturns, and this bill recognizes that the key to bolstering the overall economy is creating stability in the real estate markets. With foreclosure relief, improving the Hope for Homeowners Plan, and expanding TARP to support commercial real estate loans and commercial mortgage-backed securities, this legislation will help create housing stability.”

Foreclosure relief, using the second half of the $700 billion previously authorized by Congress, would be conditioned on stipulation that $50 billion be used for foreclosure mitigation and calls for a plan to be put into action by March 15. That would allow the Treasury to begin committing the remaining TARP funds for the plan no later than April 1.

The plan would require that foreclosure assistance must apply only to owner-occupied residences. Further, the bill would provide liability protection for loan servicers who engage in loan modifications. Such servicers would have to report regularly to the Treasury.

NAR has been urging the incoming Obama administration, as well as Congress, to address critical housing needs. “This legislation is a great beginning, but more needs to be done. We must continue to bring potential homebuyers into the market by ensuring low mortgage interest rates, making the higher 2008 conforming loan limits permanent, and applying the $7,500 tax credit to all home buyers and making it non-repayable,” McMillan said.

Your Home and Taxes
Gardening Tips
Schools
Northern Virginia
Weather

Office: (703) 385 9410 x 145
Fax: 703 825 1171
Fairfax VA
www.jobinrealty.com

Designed and maintained by Softinfotech.inc