When a Virginia home appraises for less than you agreed to pay, that shortfall is an appraisal gap. Here is what it is, who absorbs it, and how the appraisal gap clause and appraisal contingency change your options.

A 2-1 buydown lowers your interest rate for the first two years, then steps it up to the full rate. Here is how temporary rate buydowns work in Virginia, who pays for them, and the qualification catch to plan around.

An assumable FHA, VA, or USDA loan lets a buyer take over a seller's existing low rate. Here is how loan assumptions work in Virginia, the equity gap to cover, and the release of liability sellers cannot skip.

Many Virginia buyers get family help with the down payment. Lenders allow it, but the money has to be documented a certain way. Here is how gift funds, the gift letter, and the paper trail work at closing.