You should understand that there is no “perfect” time to buy.
If you find the best choice of townhouse in Alexandria today, don’t take the chance of losing out because you believe you can predict where the interest rates are going in Fairfax County tomorrow! Factors like market price and interest rate usually don’t change fast enough to make a meaningful difference in an individual townhouse’s price in Fairfax County. Much more important than macro-economic factors, is the actual real estate you’re looking at! Each property, each home is unique. By the same token, opportunities in real estate are unique. That special home you’ve found in Fairfax County might never be on the market again in your lifetime.
Don’t ask for too many opinions.
Of course, everyone likes a little reassurance, but divergent ideas might not be compatible in an actual home purchase. 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 townhouse.
There are many examples of compromises that buyers have to make every day. Consider a few of these possibilities. The commute is perfect, but the nearby shops and restaurants aren’t what you hoped for.Maybe it’s close to the Metro but far from the school you want. Organize your priorities, and start with homes that meet your basic requirements.
Don’t expect someone to negotiate away their equity in Alexandria.
There are other buyers in Alexandria and they are looking at the same data. If a home is under-priced, expect it to get bid up.Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price or refusing to budge may cost you the home you love.
When you’re buying a townhouse like 4719 Lauriefrost Ct in Alexandria, you’re also buying a neighborhood like Skyview Park.
Don’t get completely enamored by the physical aspects of a property to the point that you forget about important issues such as:
- noise level
- access to amenities,
Get ready today for tomorrow.
When you find the home you want, you should have already:
- learn more about home inspections
- investigate insurance
- list your priorities
- think about title companies
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. Talk to me if you’d like to learn more about 4719 Lauriefrost Ct.
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