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Patrick Riddlemoser

Prosperity Realty LLC

Listings: 3
Endorsements: 0
Answered Questions: 3

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Patrick Riddlemoser's Answers

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Answered: Jan 19, 2013

In answer to: What are the ramifications for renting with ageing parents?

The rental applications in the NoVA area has a place to list all occupants who will be living in the home. You should disclose on the application to avoid potential lease violations. Each broker/agent may be different in terms of making your parents qualify. My feeling is that if your credit and finances are strong they shouldn't make your parents qualify along with you.

Answered: Jan 19, 2013

In answer to: I am thinking of renting my property out, can you help?

The key is find an excellent full time property manager to handle it all. A full time experienced PM is worth their weight in gold. My clients find I save them money, time, liability, and worry all of which exponentially justifies the nominal monthly fee. Contact me if you would like to discuss your particular situation.

Answered: Jan 19, 2013

In answer to: Can I be considred a first time homebuyer? I currently own a home that I purchased 8 years ago. I want to purchase a second home as primary residence.

I believe the test is not ownership but have paid on a mortgage in the past 3 years. So if you paid off a house in 2009 for instance, you could get financing as a first time buyer. You should speak to your lender and have them check with underwriting.

Covers Ashburn, Fairfax, Falls Church, Herndon, Sterling, and more.

Selling Northern VA Real Estate since 1993

My clients deserve and receive all the information (good and bad) they need to make the best decisions for themselves and family. My ability to draw on nearly 500 transactions I have assisted clients with on top of the knowledge gained from an additional 5,000 transactions I have supervised as the Broker for the company can give you the piece of mind you need when buying, selling and/or leasing your next home.