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Piedmont Real Estate Blog

Blog by Julie Emery
Amissville, Virginia

An ongoing dialog on real estate news, opinion and trends in Northern Virginia and the greater Piedmont area.

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Piedmont Real Estate Blog

Buying Help for Those Who Serve

Nov. 22, 2006
Categorized in: Buyers

It is a continuing vexation to me that some of the most important people in our communities can't afford to buy housing! I fret over this, but Long & Foster and their affiliated companies has now done something about it!

Health care workers, teachers, firefighters, police and armed forces personnel can now get some help with buying their own home! This new program uses Prosperity Mortgage to give great deals to these deserving servants. In addition to very attractive interest rates, these mortgage programs provide up to 100% financing, and allow the seller to help with up to 4% of closing costs. There is also a $500 credit at closing to help with anything left over. The program can be used to buy a first home or move up to a larger one. For those who have less than stellar credit, this program has help there as well. Most borrowers will qualify for this program!

There are a lot of other associated benefits and I'll be putting the details of the entire program on my web site http://www.JulieEmery.com later today. In the meantime, you can call me directly at 540-270-2742 or call Sal Rotante with Prosperity Mortgage at 703-303-0356 and tell him I sent you!  By the way, Sal is who we used for our mortgage when we bought our home and I can't recommend him highly enough!

If you know anyone working in these service industries, please pass this information along to them.  Too many people think it's simply impossible for them to ever own a home. But it's often not true and this program could make a difference for many of them!

Workforce Housing

Nov. 2, 2006
Categorized in: Workforce Housing

We have a guest blogger today.  His name is Chris Moyles and he is with the Rapidan Better Housing Corporation, a housing oriented non-profit. This is actually taken from a longer post on a local list-serve. But I thought it a timely and important topic for discussion. I'm anxious to hear your thoughts!

First, "Workforce Housing" is a relatively new catch-phrase that has overtaken "Low-Income Housing Project" (with its associated connotations).

However, there is a much better phrase that reflects a new vision of "housing".

That phrase is "Sustainable Community Design". This phrase illustrates that "housing" is just one part of what makes a community viable and sustainable.

Sustainability in this context can be defined as:

The ability to provide for the needs of the community without damaging the ability of future generations to provide for themselves. When a process is sustainable, it can be carried out over and over without negative environmental effects or impossibly high costs to anyone involved.

This concept is vitally important to a discussion of housing for several reasons:

It is important to understand that "affordable housing" is not affordable if it is not tied in to the local community and economy.

Housing is not affordable or sustainable if its occupants must drive far out of the community to find employment. Similarly, local employment is not sustainable if employees must come from far outside of the community to fill those positions.

Community members who have to travel long distances for employment are less likely to engage in the community - as volunteer rescue squad and firefighter members, school mentors, and in other civic opportunities. They are less likely to simply "have the time."

A drive through the suburban sprawl of northern Virginia will illustrate these points. The end result of poor planning in those areas is terrible traffic congestion, poor air quality, and a diminished "quality of life" for all involved.

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