This is a bit tongue in cheek, but there is some wisdom in this little video.
For more information or to set up an appointment call Julie at (703)765-0300.
Sixty-five percent of the millennial generation, ranging in age roughly from 18 to 34, say that their intention to purchase a house has significantly increased in the past year, according to a survey from PulteGroup.
“As the economy continues to stabilize, more young adults will wean off of mom and dad and start to live on their own, spurring added economic growth,” HousingWire reports.
Nearly 20 percent of men ages 25 to 34 reportedly live with their parents, while 9.7 percent of women that age still live at home.Your Realtor Stuart Nesbitt
As this generation gains greater financial security, more millennials will begin to embark on their own.
A recent article from Barron’s notes that Generation Y could surprise the nation in upcoming years with their spending power and economic growth. The generation is 7 percent larger than the baby boom generation.
"Millennials have witnessed the housing boom and bust, but still believe home ownership is a good investment," says Fred Ehle, vice president for PulteGroup.
Source: “Millennials Rightly Positioned to Boost Economy,” HousingWire (April 29, 2013)
Inlet Cove is alongside Route 1 This neighborhood of townhouses is near grocers and eateries Inlet Cove is close to Fort Belvoir, Alexandria, and Potomac Mills shops, in the city of Woodbridge Interior to these properties are multilevel Inlet Cove is serene
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1…
Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need a mortgage should move…
The National Association of Realtors recently did a study about the characteristics of home buyers. Some of the findings might surprise you. Thirteen percent of buyers purchased a home with one or more parents and grandparents together with adult children. There were several reasons given for purchasing a multi-generational home. Cost savings; Children over the…
Eighty-seven percent of Americans recently surveyed say that owning a home is something they dream about, according to a survey by JPMorgan Chase.
"Owning a home is at the heart of most Americans' dreams," says Kevin Watters, CEO of mortgage banking at JPMorgan Chase. "And people are saving as much as possible to achieve home ownership."
Sixty-six percent of Americans surveyed say that they believe home ownership is a good financial investment. Seventy-five percent say it’s a crucial part of raising a family.
First-time home buyers are getting more optimistic about being able to achieve home ownership too. The number of potential first-time home buyers who say they are optimistic about being able to put money down on a home over the next six months doubled in the last six months, compared to previous survey results.
"First-time home buyers are crucial to the housing market and the overall economy—and to their communities," says Watters. "As families buy their first home, they are investing in their communities and enable other families to move up. That will eventually spur more new construction, generating additional jobs."
Source: “Survey shows homeownership is still the American Dream,” HousingWire (March 15, 2013)
Julie Nesbitt
Julie Nesbitt knows the back trails and by-ways of Northern Virginia real estate.
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
Deciding on whether a single family home is much more suitable than a condominium or townhouse home requires much thought and consideration. But in the end it still comes down to what you want.
Here are a few facts to consider:
Single Family Homes
Close knit community with possible green spaces
No monthly homeowners/condo fees
Less strict community rules and regulations
Restrictions cannot be imposed by an association without your consent.
Less restriction and fees with parking
Condo and Townhomes
All expenses towards maintaining your home is covered by the condo fees such as common area repairs, roof repairs, other maintenance and repairs.
Controlled access for some
Amenities available for the community such as clubrooms, pools, gyms and more
Shuttle services are offered as well as public transit service
After the process of picking out your dream property, the offer is to be written along with proof of Earnest Money and lender approval, your real estate agent will present the offer to the selling said.
This is where we, real estate agents use our expertise in presenting the offer, because it just doesn’t end there. It’s not simply handing the documentation to the listing agent and then wait patiently for their response. It is essential that the offer be over and for the fact that bargains do not last forever, we call up the listing agent to inform that the offer had already been sent over.
It is during this conversation that details be shared with the listing agent such as background information about our clients as to what would reflect as to what you would be looking for. We can describe as to how qualified you are to buy the property and how many properties we have looked at and that there are certain aspects or features about that home you sincerely appreciate.
As real estate agents, we review and explain all details of the offer such as inspections, date of closing, contingent or non contingent, pricing and the like. We also discuss a timeline to outline the milsestyones from the offer to settlement.
Contact Nesbitt Realtyhttps://nesbittrealty.com
1451 Belle Haven Rd. #222
Alexandria VA 22307
LICENSED IN VIRGINIA
703 765 0300
888 783 6391 (fax)
Purchasing a home is a process that cannot go smoothly unless you take it step by step. This is where having a real estate agent is important.
It is essential that you are prepared and already have a loan secured. Securing it early will assist you in making decisions with your home purchase.
With a secured loan, you can either broaden or lessen your prospective homes as you would need the price to be within your budget while your offer will be good one as you are ready to buy. Getting the finances in order will make the process quicker without hindrances.
Let a real estate agent assist you with your home purchase decisions.
Julie Nesbitt
Julie Nesbitt knows the back trails and by-ways of Northern Virginia real estate.
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
Finding a quality home to suit your taste will require a licensed real estate agent who offers expertise and connections if it is to purchase or rent a home. What would a realtor’s purpose be then?
Security. Even if you know what exactly what you are looking for in a home, you’ll need a realtor’s expertise to assure the quality of your potential home
Economy. You wouldn’t want to pay more for your new home and sell your old home for less than what it should be. A realtor has the access to the market information to make sure you get your right price.
Diversity. You may be able to view homes through public listings, but many of the best and perhaps your desired home will require you to have a realtor to view them.
Most of all, the whole process of hunting for your new home will be time consuming and challenging and that includes the right title transfer, financing and negotiating. If you want the peace of mind of finding your dream home, a realtor’s expertise serves its purpose.
Let our licensed real estate agent assist you, contact us at:
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
Starting a closing with Ryan Stuart
Understanding the tenets of title insurance is especially important considering the turmoil in the real estate industry.
Title insurance is intended to protect the insured from improper titling, including defects in foreclosure proceedings, forgery, or impersonation or cases in which no title is legally conveyed. Other defects are partial, such as a neighboring fence or garage encroaching on the insured person’s property.
The title insurance industry recently set down strict guidelines for when and if they will insure a title to a property on which there has been a foreclosure.
The buyer should be equally vigilant, insisting on a 60-year search and paying for an owner’s policy as well as the lender’s policy that the bank will demand.
Source: Washington Post, Harvey S. Jacobs (11/27/2010)
