Many have opted to sit out the process of buying a home in 2023 and 2024 due to higher mortgage interest rates, the thought being that they will enter the market when rates come down. What those buyers are not considering is the other buyers that will also be entering the market when, and if, Read More ...
Are Home Warranties Worth Getting When You Buy a Home?
Are Home Warranties Worth Getting When You Buy a Home? When you ask someone if they recommend a home warranty, there is rarely a middle of the road opinion. Homeowners that have experience with warranties fall into two camps: 1) They absolutely love them and wouldn’t be without one or 2) They absolutely hate them Read More …
Risk Averse Buyers Are Finding it Hard to Get Under Contract
Risk Averse Buyers Are Finding it Hard to Get Under Contract Being a Top Producing Real Estate Agent in the Bristow-Gainesville marketplace, the majority of my business is done as a Listing Agent. So far this year, I have been at the helm of a dozen multiple offer situations. This means I have first hand Read More …
Evaluating Multiple Offers on Your Home
Evaluating Multiple Offers on Your Home Completing listing paperwork with a new seller this morning, I could feel the excitement bubbling to the surface. The seller smiled, “I hope there is a bidding war on our home. That would be fantastic. I want to see how high we can go.” Multiple offer situations are certainly Read More …
Why I Love Being a Real Estate Agent
There is no doubt that 2020 is one of the trying years many of us have lived through (years marked with personal tragedy aside.) Each day it seems the news is focused on things that divide us. Our differences are pointed out daily in an attempt to get factions of society grouped against other factions. Read More …
The Lender You Use to Purchase Matters
The Lender You Use to Purchase Matters Any lender can qualify you to purchase a home. Only the best lenders can get your loan closed on time these days. And in the market we have experienced in 2020, it is more important than ever that lenders be able to meet the settlement dates that their Read More …
Seller Proceeds Don’t Arrive at the Closing Table in VA
Seller Proceeds Don’t Arrive at the Closing Table in VA Many first time sellers, or sellers that have experience selling in other states, can get disappointed at the settlement table in Virginia when they find out they don’t get the proceeds from the sale of their home immediately. It would be quite a let down Read More …
What is a “Right to Void Only” Home Inspection?
What is a “Right to Void Only” Home Inspection? When buying a home, there are about four typical contingencies written into offers to protect buyers in the Northern Virginia market: Financing Contingency Appraisal Contingency Home Inspection Contingency Radon Inspection Contingency In the intense seller’s market that the Northern Virginia suburbs are experiencing, multiple offers have Read More …
Do Buyers Ever Write Offers on Homes Before They See Them?
Do Buyers Ever Write Offers on Homes Before They See Them? The real estate market in the western suburbs of Prince William County has been brutal for buyers in 2020. There is so much competition that buyers have been foregoing typical contract contingencies like home inspection, and sometimes even appraisal, just to have a shot Read More …