If you are planning to make an offer on real estate then remember that real estate offers must be in writing to be enforceable. Period! Although the real estate sales contract process is different around the U.S., having the terms on paper is the essential first step. The contact price, financing terms, closing date, and contingencies build a Continue Reading
Local Stories
The following is an archive of my articles about builders, strategies, home inspections, financing, painting, staging, tips, and skills. Start reading and you can search the archive anytime.
Planning to go for an FHA Loan?
If you are currently in the market to buy a home and plan on using FHA for your mortgage financing, keep in mind that the annual mortgage insurance will be higher for loans assigned case numbers starting April 18, 2011. Local mortgage guy Todd Marumoto of Intercoastal Mortgage in Fairfax, VA sent me an e-mail update about this increase along Continue Reading
Coffee at Caffe Amouri
A couple of years ago a unique little coffee house popped up in Vienna that reminded me of a shop in Seattle where I had a cup of coffee one morning. It just has the right feel and I became a fan immediately. Maybe it is the album covers on the walls? Not sure, but Caffè Amouri just has the right, low key vibe. Coffee | Espresso | Tea It is Caffè Continue Reading
8 Tips for Selling your Vienna Rambler
Many Vienna VA ramblers that were built in the 1950's and 1960's will come on the market this year hoping to find a buyer who will appreciate the simplicity of the design. Although many have been updated or expanded over the years, most still have a fixture or two linking them back to their original builders. Sound like your house? Here are some Continue Reading
My Opinion on the 2010 Real Estate Statistics
Trying to pick up trends in the real estate business is a challenge because national stats don't always sync with what I see on the streets of Vienna or McLean, VA. Yes, I am talking about the mean streets, places where multiple buyers are still anxiously awaiting new listings even as 2011 arrives. Those two areas are still highly sought after Continue Reading
Sweating the Appraisal Contingency?
Image by wallyg via Flickr Almost every real estate sale involves an appraisal contingency designed to protect the home buyer and mortgage lender from paying too much for the property. Appraisals are generated by licensed appraisers who are contracted to generate a third party's opinion, using established criteria, to determine and document Continue Reading
6702 Melrose Drive McLean, Virginia | Sold
Updated: Home was SOLD 2/28/11 Located in the heart of McLean, VA in an attractive community that is so convenient to everything. In fact you will probably walk up to the McLean Family Restaurant (a local institution) for breakfast every Saturday! This town home is one of the larger floorplans in the community with oak hardwood floors on the main Continue Reading
Will Your Real Estate Offer Make the Cut?
Every home buyer tries to figure out what it will take to buy the home that they have decided to make an offer on. Determining the right price, or how much wiggle room there is, is the bottom line here for everyone from the first time buyer to the savvy investor. If you are sitting at your kitchen table pondering this question, then it is time Continue Reading
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