Do you need to know more about how to lay the groundwork for home shopping in the competitive local real estate market?
Know that there’s no “best” time to purchase real estate in Springfield.
If you find the perfect $549,999 4-bedroom home now, you don't want to miss out because you believe you can predict where the interest rates are going in Springfield tomorrow! Factors like market price and interest rate usually don’t change fast enough to make a significant difference in an individual house’s price. Much more important than macro-economic factors, is the actual real estate you're looking at. Every property is unique. By the same token, opportunities in real estate are unique. That special home you've found in Springfield might never be on the market again in your lifetime.
Don't poll the village for opinions.
It’s natural to want reassurance for such a big decision, but who is ultimately going to pay the mortgage and live in the home? Focus on the wants and needs of the people who will actually be living in the home.
There is no such thing as a perfect purchase in Springfield.
There are many examples of compromises that buyers have to make every day. Consider a few of these possibilities. The association provides all utilities but the association fee is high.If it’s in the right location, the yard may be a bit smaller than you had hoped. We'll prioritize a list of needs and wants, and start by shopping homes that meet your basic requirements.
Be prepared to haggle, but don't expect someone to give away real estate in Springfield, Virginia.
Just because a home has been sitting for a long time, doesn't mean that the seller is willing to negotiate. Sometimes it means just the opposite.There are other buyers in Springfield and they are looking at the same data. If a home is under-priced, expect it to get bid up.
When you're buying a house, you're buying a neighborhood.
Don’t get completely enamored by the physical aspects of a home to the point that you forget about important issues such as:
how close the neighborhood is to friends and family
commute and traffic
neighborhood pride of ownership
Prepare now.
Before you looking for homes, you'll want to:
to get approved for a mortgage
figure your budget
learn more about home inspections
list your priorities
I can help with the purchase process. Even if you just need to talk to learn more about how to go forward, please don’t hesitate to call. Email me if you’d like to learn more about 8343 Magic Leaf Rd.
Location, location, location your chance to own your dream home that is close to everything. Beautiful neighborhood with pools, tennis courts and a sense of community that will help make this place a home. 4 bedrooms, 2.5 baths HVAC replaced ... [Read more]
Julie Nesbitt is an ABR who has served buyers in some of Alexandria’s most exclusive neighborhoods. She is a top producing agent who has listed and sold property in Northern Virginia. In addition to helping folks buy, sell and rent property in Northern Virginia, Julie is the primary administrator of the property management services performed by Nesbitt Realty and Condo Alexandria. Call Julie at (703)765-0300.