5 Things You Should Know Before You Flip A Property

1. Money is made at the buy, not the sell of your flip. When flipping a house your money is made at the purchase not at the sell of the house. So, many times people buy a house with the intensions of making a huge profit only to find out that they could not make any money after all the renovations because the purchased price of the house was to high. When you purchase your property you need to be sure that you buy the house with enough money to make renovations, have carrying cost, and add about 5 $6,000. Now, cost is at $147,000, and that is if everything goes as planned. Profit is under 10,000 dollars. The mistake was made at the purchase at the home, not the sell. Continue reading

Determine The Listing Price

When it comes to buying a home, most potential buyers will use the listing price to as the number one factor to determine the homes that they look at. Even though you and a Realtor may determine the asking price, the buyer will determine the selling price. If the price is too high, most buyers won’t give it a second thought - which is why you want to determine the listing price carefully. Continue reading

Things To Know Before Buying A Home in Kingstowne

Stuart and Andrew
Andrew and Stuart conferencing about real estate matters.
If you are taking the next step in life and purchasing a home in Kingstowne, chances are that you are feeling the pressure and the anxiety that goes along with this difficult decision.  Those who buy homes are very anxious, eager to get any information they can about real estate in Kingstowne.  Of course, before you buy a home, it always helps to learn all that you can. The first thing you’ll need to know is  just how much you can qualify for or afford to borrow.  There's no point in looking at single-family homes in Kingstowne, when you can only afford a condo at Surrey of Manchester Lakes. You should also make it a point to check your credit and know where you stand.  If you have any problems, you should strive to correct them for you attempt to borrow money for a home.  The higher credit rating you have, the lower your interest rates will be. Continue reading

Tips For Selling Your Home in Springfield

Will Nesbitt, Stuart Nesbitt, Nesbitt Realty, Julie Nesbitt
Our home-grown hometown team can get your real estate results in Northern VA.
Unlike other things that you may own, you can never take selling your home lightly. A house is a big commodity, one that is worth a lot of money. Before you even think about selling your home, you should put a lot of thought and consideration into it. Although you may want to sell your Springfield home - you should make sure that you do it the right way.Continue reading

Buying Your Dream Condo in Alexandria VA

Stuart and Kim
Stuart and Kim
Even though it’s not easy for everyone to buy a home, it is in fact easier than ever to get a home these days with most lending agencies and banks being more liberal than ever with providing home loans and mortgages. Even if you don’t have a lot of capital or a lot of money to put down, you can still get the condo of your dreams at a very affordable price. Alexandria is a great city to live in because has an amazing combination of historic charm and urban contemporary. This is why many condo buyers are drawn to the Carlyle District of Alexandria VA. There are a host of modern, upscale condos here that are located very close the the USPTO and the King Street Metro.Continue reading

Decorating a Rental House

Those who opt to rent a house as opposed to an apartment may still be held to certain restrictions regarding the type of decorating which can be done on the property. These restrictions may be stricter or more lenient than those typically enforced when a renter is renting an apartment property. This will largely depend on the preferences of the homeowners. Homeowners who do not want to see major modifications done to the property may place strict restrictions while those who want to see the property improved may allow the renter a great deal of freedom in their decorating options.Continue reading

Decorating Tips for Home Sellers in 22307

6727 WILLIAMS DR, Alexandria VA, 22307
Cape-Cod style single family home in Bucknell
These tips for home sellers in 22307 are effective across Northern Virginia. Whether you're in Bucknell Manor, River Towers, Belle View or Belle Haven, when potential buyers step into your house, they want to see a clean, neat and attractively decorated house. What buyers do not want is a home that is so overly decorated they can’t imagine their own furniture and possessions in the house. Home buyers are not impressed with
  • Too many shelves  -- This can say that the home doesn't  have enough room.
  • Tables with knickknacks -- Sellers want buyers to look at the home, not the knickknacks.
  • Family pictures at every turn -- Pictures can tempt the buyer to figure out who the seller is instead of how the home might work for them.
  • Too many overstuffed sofas piled with pillows -- Many of the older homes in 22307 are a smaller scale than buyers from other parts of the country might be accustomed to.
  • Toys -- This includes grown men toys. (One home we showed had a motorcycle in the living room.)
  • Anything that hides the architectural and structural features of a home.
Here are a few tips on keeping a minimalist approach to your home decorating in 22307.Continue reading

Deciding on a Price for Your Montebello Condominium

Julie Nesbitt takes a break from work
Your realtor Julie Nesbitt
When it comes time to put your Montebello condo on the market, how will you price your condo?  Pricing can make or break your sale. If you overprice your condominium, you risk waiting and watching without traffic or feedback.  On the other hand under-pricing your condo means minimizing your investment. The starting point for pricing should be based on recent sales in Montebello, not on personal attachment. Regardless of what you think your condominium is worth, the pricing should be based on market value - this is why it's important to find a good real estate agent, like Julie Nesbitt, who is familiar with the 22303 zip code who has worked and sold in this area for years. Julie starts by looking at what other comparable condos in the Huntington area have sold for. This is called a comparative market analysis (CMA). Continue reading

Finding A Real Estate Agent in Alexandria

You got time to buy, sell, rent or have your property managed? Nesbitt Realty (703) 765 0300
Nesbitt Realty (703) 765 0300
Whenever you buy or sell real estate in Alexandria, you may be like many other people out there, in thinking that you don’t need a real estate agent. Some first-time buyers think that a real estate agent is a waste of money. What they aren’t aware of, is that real estate agents are normally paid by the seller, not by the buyer. As a buyer, you’ll get to work with a professional real estate agent without really having to pay for it yourself. More importantly Nesbitt Realty refunds thousands of dollars to buyers which actually saves you money!Continue reading