I share your excitement about moving into your new house.
Sunrise over the Potomac
Here's a great picture and story from a client who purchased a home near the Belle Haven Marina in Fairfax County VA. The sunrise over the Potomac this morning! If I could tell myself a year ago, or even a few months ago that I would be running 3 miles every day at sunrise, I... Continue reading→
Agency disclosure questions …
A couple of quick nuggets of trivia for those who are interested in real estate agency law in the Commonwealth of Virginia. Pat is a licensed agent in the Commonwealth of Virginia who sells, rents and manages real estate for others for a fee. Pat contacts a homeowner named Al in an attempt to obtain... Continue reading→
Details about condo ownership
As with any home purchase, location, size and price are important. With a condominium you'll also want to understand the ownership scheme. This type of information is found in the "condo docs" or condominium documents. Most states, and the Commonwealth of Virginia, require condo doc disclosure before any purchase contract is finalized. The condo docs... Continue reading→
Another reason you need a rental agent …
Q. Oh my goodness! what a mess! Ok here it goes. My husband and I moved to Las Vegas from WI, and we were in contact with the landlord by email.Well she sent us pic and we looked at them it seemed good on "line" that is. Well in her emails she stated the house... Continue reading→
Basic Condo Selling Tips
It should be obvious, but start by choosing a selling agent that cares about you and your condominium. The agent you choose should also understand the benefits and challenges of the condominium lifestyle. An agent who has never lived in a condo or owned property in a condo might not appreciate the benefits of life... Continue reading→
Finding the right condo
I met a potential client who told me that she had been looking for two years for a condo. She called me because she wanted to see a particular property in Belle View. After establishing that she didn't have an agent, I showed her Belle View. I practically had to drag her to see... Continue reading→
Mortgage Rates Back Down This Week
Average fixed-rate mortgages dropped this week, as the 30-year fixed-rate mortgage has hovered around 3.5 percent for the past two months, Freddie Mac reports in its weekly mortgage market survey. Freddie Mac reports the following national averages for mortgage rates for the week ending April 4: 30-year fixed-rate mortgages: averaged 3.54 percent, with an average... Continue reading→
Get Ready for Big Bidding Wars This Spring
With tighter inventories of homes for sale, buyers are finding increased competition through bidding wars. But the bidding may not be between only one or two other buyers -- more bidding wars are popping up where dozens or even hundreds of other buyers are all competing for the same property. "The only question is not... Continue reading→
When is a condo a bad investment?
Marco: Question for you--if you had a choice between investing in a small house, or investing in a condo, which one would you choose? Will Nesbitt: As a rental, I might do a condo, if it's a well-managed association, because there are few hassles. But it's more complicated than that. Feel free to call me... Continue reading→
What’s the difference between a real estate broker and a real estate agent?
In the Commonwealth of Virginia a real estate agent is a person who is licensed to be paid a commission on a real estate transaction. Real estate agents have minimal educational requirements but must pass a test for licensing. After that, the agent must follow up with continuing education to stay apprised of updates in... Continue reading→