| Real Estate & Property Management Services

Nesbitt Realty — Contact a Realtor to write your contract.

When you've finally picked out the condo, house or townhouse that interests you, it's time to write the offer. Together with proof of Earnest Money, and lender approval, I'll present the offer to the selling agent. Presenting an offer is a little bit more involved than simply faxing paperwork to the listing agent and then waiting for a response. It is important to get the offer over as quickly as possible. Bargains (in any market) don't last long. Then I call the listing agent to let them know the offer has been sent. When appropriate, I follow up in the conversation by sharing appropriate details with the listing agent. For example: I can give the selling agent some personal background about my clients and what they are looking for. I can explain why they are qualified to buy or how many homes my client has looked at. In some cases, it's appropriate to tell seller what the buyers appreciate about the home. I sometimes provide the sellers with a comparative market analysis to show the sellers the rationale behind the offer we are making. Of course, it's my job to explain and review all of the major details of the offer;

contingent or non-contingent,
inspections,
date of closing,etc.
and of course, price.

When necessary I discuss a brief timeline outlining the expected milestones between the offer and settlement.

Do you know what "HOA Fees" are?

HOA stands for Homeowners Association, which is an organization that sets by-laws and restrictions in some neighborhoods. The fees associated with this, called homeowners fees, are usually paid annually and cover certain services and amenities associated with a neighborhood. These fees may include services such as landscaping, maintenance, and water and sewer; or amenities such as pools, fitness centers, neighborhood recreational areas, and valet parking. HOA fees usually range from $100-$1000, depending on the location of the home, and can be changed yearly. A board of directors is usually voted in, and they decide the cost of the fees. Specific by-laws and restrictions are also associated with an HOA. These rules vary from neighborhood to neighborhood and are meant to keep your neighborhood safe and beautiful. Understanding all the by-laws and restrictions before purchasing a home is important so that you know that they are rules that you can live with.

Condominiums are found in all shapes, sizes, prices and types. Are you looking for a high-rise condo, a mid-rise or a garden-style condo? Maybe you'd prefer a townhouse?

The term "garden-style" condo usually refers to a condominium residence in a building that has less than three stories. Most garden-style condos have balconies or patios for each residence. Many garden-style condos have a main entrance that opens to a common-area hallway. Additional common areas include the green space and "gardens" surrounding the structures. If you're interested in garden-style condos you'll have a lot of options in {Location_Name}.

For more information or to set up an appointment call Julie at (703)765-0300.