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What is the Virginia Condominium Act?
If you own a condo in Virginia, or if you're thinking of buying a condominium in the Commonwealth of Virginia, it might be a good idea to glance at the Virginia Condominium Act. This act describes the terms of ownership and limitations and requirements of condo associations. It also describes the unique attributes of condominium… -
Condos need maintenance …
Everything built by man requires some maintenance at some point. Even so-called maintenance-free homes require some attention. So when making the transition from renting to buying, one aspect of home ownership that must be considered carefully is maintenance. Renters enjoy few advantages over buyers, but one benefit of renting is that in most cases renters… -
Real Estate Contracts With Contingencies
Real estate contracts sometimes come with contingencies. This is a part of the contract that states certain conditions or timelines are met or the seller or buyer can void the contract. The conditions or timelines can be any that both parties agree on and are put within the contract. Contingencies usually last for a specified period.…
Do you know the difference between equitable title and legal title?
Equitable title is conveyed to the buyer when the seller signs the offer to purchase. A ratified sales contract creates equitable title. After closing and accepting the deed, the buyer receives legal title.
Equitable title does not carry all the rights, privileges and duties of legal title, but equitable title is not without implication. If a buyer has equitable title in a property, the seller cannot contract to sell the property to another buyer. The equitable title protects the buyer's interests in this regard, but does not obligate the buyer to pay taxes or maintenance on the property.
Renting Unsold Property May Be a Good Move
Home owners who can’t or don’t want to sell their homes in today’s market but must move should consider renting out the property.
Nesbitt Realty manages rental homes, townhouses and condos for landlords in Northern Virginia. We are a family business that strives for excellence in what we do. Our goal is to strictly administer the lease while adhering to the Virginia Residential Landlord Tenant Act. We try to avoid "judgement calls" and we prefer to just do exactly what the lease, law and regulations require.
We serve most of Northern Virginia and have offices across the area. We manage single-family homes, townhouses and condominiums.
Property Management Basics
Our agents can locate your ideal house owing to their expertise and local knowledge.
Obtaining a professional property manager is a good first step. Professional property managers charge 7 percent to 10 percent of the monthly rent in many areas. Nesbitt Realty is often cheaper than our competitors.
Current rents may not be high enough to cover carrying charges, including mortgage, taxes, and insurance. Nevertheless, renting out the property may still make sense if property values rise in the next few years.
Offering a 12-month lease that converts to month-to-month is a good idea, if the owners are considering selling eventually. Include language in the lease that allows a real estate professional to show the home to potential buyers with 24 hours’ notice to tenants.
For more information or to set up an appointment call Julie at (703)765-0300.
Serene River Towers in Autumn
Located at 6641 Wakefield Drive in Alexandria VA 22307, blanketed by waterways and parks over 27 acres of woods, River Towers is situated just between Fort Hunt Road and the George Washington Parkway.
The serene neighborhood of River Towers offers a relaxed private environment very close to Old Town Alexandria. Residents here have easy access to the Potomac River, Alexandria and Washington D.C. Many condos here have water views. Some have views of the nearby parks.
What to Find at River Towers:
- Farmer’s Market
- Fitness Center
- Cinema
- Game Club
- Library
- Mount Vernon Recreation Center
- Monuments
- Museums
- Pool
- Clinic
- Playground
- Restaurants
- Wildlife Viewing
- Basketball
- Biking
- Bird Watching
- Boating
- Diving
- Fishing
- Golfing
- Hiking
- Jet Skiing
- Racquetball
- Sailing
- Swimming
- Shopping
- Tennis
- Water Skiing
- Wind Surfing
- Volunteering
A little feedback from an appreciative client
Wow! I just got this from Jeremy W. This really makes me proud to work with Nesbitt Realty.
Howdy Mr. Nesbitt-- I wanted to take a moment to highlight the exceptional service I received from one of your agents, Ben Fornshell. Within a few hours of emailing Ben, we made an appointment to meet the following day in order to tour Belle Haven. After meeting up at your office, we walked along the well-kept streets while Ben shared some of his experiences with the community; calmly strolling through a neighborhood on a sunny day while viewing properties is not a typical experience when searching for a new home. After touring several, I stepped into one particular unit and realized I was home. Ben walked me through the particulars before we parted. Later that day, he met with me a second time, well after working hours, to show the unit to my skeptical wife. She eagerly concurred and five days later, we signed the lease--beating out several other applicants largely because of how well-prepared our package was. Ben's relaxed and informative approach was a sea-change to the aggressive apartment-pushers usually lurking in real estate and is a great credit to your business and profession. Further, his stance made it more than clear that he wasn't merely looking to push someone into a vacant unit: he was assisting a new neighbor. Please convey my very great appreciation for his hard work and dedication. If you'd like to post this message anywhere online, please feel free; I only ask that you omit my last name for privacy.
Sincerely, --JeremyFor more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
Summertime fun at Potomac waterfront in Old Town Alexandria
Summertime in Alexandria is loads of fun. Tourists descend on our fair city, but we're glad to have them as our guests.
One of the places that you have to visit when you're in town is also a favorite spot of residents: the Alexandria waterfront. The docks behind the Torpedo Factory Art Center are always bustling with activity. Every few paces you'll find a street musician, street magician and other entertainer. There are numerous restaurants here: most of them quite nice.
If you're looking for a little fun on the water, you might want to take a cruse on the Admiral Tilp. The Admiral Tilp is docked here at the end of King Street and Union Street. The Admiral Tilp departs on the hour, so if you miss her, she'll be back. The Admiral Tilp offers a narrated tour under the Woodrow Wilson Bridge, past National Harbor and down to Jones Point. The on-board guide provides a historical and contemporary context to what you will witness on board.
For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
Been there to Torpedo Factory Condominiums?
Torpedo Factory condos is in Old Town, steps from it all. Did I mention parking around here is tight? Not to mention pool's included. . .
Properties in Torpedo Factory
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Listen family showed up on July 4th
In a family and wanting to become a Landlord, Nesbitt Realty's your answer (703) 765 0300 to buy, sell, rent, and for property management.
Properties in Old Town Alexandria
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You got a Real Estate?
Gaming through to Real Estate?
Real Estate market questions? Nesbitt Realty (703) 765 0300 buying, selling, renting, property management.
Properties in Carlyle District
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Renters ask: “Can you refund the background fee if my application is not accepted?”
No.
But here's the question you really want to know:
Why can't a property manager refund the background fee?
Let's start with some background facts that many renters (and some agents) don't understand. Nesbitt Realty (and most property managers) don't make any money from background checks. Nesbitt Realty buys a background check. Once that money is spent. It is spent. Nesbitt Realty doesn't get anything from that background check and we simply can't afford to pay for background checks for people who aren't accepted. Because we don't make any money from background checks, we're not interested in doing background checks, except as required. When are we required to pull a background check? We're required to pull a background check when an application is submitted. Fair Housing Laws won't allow us to pick and choose which applications to process. We process all submitted application so that we can present them to the landlord. All applications are presented to the landlord. Some of the applications we process are submitted by our agents and some are submitted by agents from other companies. We cannot guarantee that your application will be accepted if you apply through us. But we can guarantee that your application will be properly submitted. Slow approvals and rejected applications are often caused by not properly submitting the application in the first place. We do not give preferential treatment to applications submitted by our agents on properties that we manage. Because we will be managing the property, it's much more important to find the most qualified applicant than it is to make a few dollars from a rental commission. Here's some of what we look at when we make a recommendation to a landlord:- Criminal History
- Rental History
- Credit History
- Income
- Debt to Income Ratio's
- Offer (some applicants offer more or less than the rental amount)
- Pets