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Are disclosures required in emails?
In the Commonwealth of Virginia, emails sent for the purpose of advertising real estate services must contain specified disclosures at the beginning or end of the message. Does that mean disclosures are required in all emails? Let's look at the case of Earl and Brian. Earl lists his home for sale with an agent named... Continue reading→
Big-Ticket Homes in Higher Demand
The luxury home market is gaining momentum, with prices rising and many areas where upscale housing once struggled now turning into a seller’s market, according to the Institute for Luxury Home Marketing. “Prices have been trending up fairly strongly since the beginning of the year,” Laurie Moore-Moore, the institute’s founder, recently told the Chicago Tribune.... Continue reading→
Morningstar: 40 Months to Clear Distressed Inventory
Morningstar’s Distressed Inventory Index shows that distressed inventory dropped 19 percent nationwide, and the number of liquidations fell 14 percent. "We estimate that it will take 40 months to clear the national distressed inventory. This is down three months from one year ago," says Brian Grow and Becky Cao of Morningstar. "In the recent housing market... Continue reading→
Cameron Run Regional Park — Great Waves, Batting Cages, Golf and more!
Cameron Run Regional Park is an asset for area families and residents and a destination for those who don't live in the area. The park has several recreational components including a waterpark, batting cages, picnic area, fishing, and miniature golf. Bring the family to enjoy any part or all of the fun. Great Waves Waterpark... Continue reading→
Writing the Offer to Purchase
When you've picked out the house, townhouse or condo you want to make your own, it's time to write the offer. An offer is a written description of the terms under which you the buyer would purchase the subject property. If the seller accepts your terms the next step would be to proceed to closing... Continue reading→
Hidden Oaks Nature Center
Hidden Oaks Nature Center is located at 7701 Royce St. in Annandale VA. The Hidden Oaks Nature Center is found within the 52 acre Annandale Community Park in Fairfax County. The nature center features a gently winding trail just one third of a mile long. The trail is perfect for an easy stroll because it... Continue reading→
A walk at the Belle Haven Marina
Last weekend Julie and I decided to take a walk on the trails near the Belle Haven Marina. The weather was warm, one of the first nice days of Spring, so we had a nice little walk to the water's edge. The trail follows the edge of the Potomac and is relatively quiet even though... Continue reading→
Affordability Remains High, Despite Price Gains
Low mortgage rates and stabilizing incomes are keeping home affordability high and giving home buyers “ample buying power,” according to the National Association of REALTORS®. The Wall Street Journal highlights the following example on just how affordable housing has become: “Assuming a 5 percent down payment, a 3.5 percent mortgage rate, and 25 percent of... Continue reading→
What are the Alexandria Ghost Tours?
The Alexandria Ghost Tours are a walking tour through Old Town given by a tour guide dressed in 18th century costume. The Ghost Tours start at the Visitor Center located at 221 King Street in Old Town. The phone number for the Alexandria Ghost Tours is 703-519-1749. The Ghost Tour is great for tourists as... Continue reading→
The Listing Agreement
The first step to selling your home or condo The listing agreement is an agreement or "contract" between a property owner and a licensed real estate professional. The listing agreement authorizes an agent to act on the behalf of the property owner for the purpose of selling the subject property. In other words, the listing... Continue reading→