If you have a home that you rent out, and not just a beach rental, it is essential that you keep it well maintained. Also, if you are selling a home and plan on having strangers come to look at it then fix up any hazards before they come walking through the door! 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.
Near Gilbert’s Corner, land on New Mountain Road in Aldie, Virginia
Here are 4.7 acres of land ready to build... owners had to change plans to move to Texas. Septic has been tested for a traditional gravity field and the well is in. All you need are some designs and you are off building your dream home close to the intersection of Route 50 and 15 otherwise known as Gilbert's Corner. See the video! View Larger Map Continue Reading
Figuring out the Vienna Home Market… May 2009
With all you read about the housing market, buying a Vienna home in 22182 appears to be a better bet right now. But if you are a seller with a home priced over $800,000 then you will be sobered. I just looked over resale data from MRIS of the Vienna zip codes ( 22180-22182) for the month of May, and the biggest gains seem to be in the 22182 zip Continue Reading
Yes, the buyers are out there… but move-in-ready homes aren’t
I was searching for a town home with a client last week in Centreville, Clifton and Fairfax and saw an interesting trend. The trend was in homes that were regular sales, not the foreclosures or short-sales which seemed to be about 50-60% of the market. So, let's consider the regular sales to be 40% of the market in the under $425k price range Continue Reading
Using your tax credit to help with closing costs?
Rising from the ashes is a revised guideline from HUD stating that home buyers using FHA loans are allowed to tap into the $8,000 first-time home buyer credit to pay closing costs at the time they settle on their home. They still need to have the 3.5% down payment. HUD sent out a memo in early May announcing this program as many of you readers Continue Reading
Disclosure of Business Relationships
Doug Francis Licensed in Commonwealth of Virginia: Real Estate Board - Salesperson License Number 0225 021708 Expires: 12-31-2009 There are no complaints filed with the Virginia Department of Occupational Regulation (DPOR) My Real Estate Broker: Presidential Properties Inc. RE/MAX Presidential 3028 Javier Road Suite 100 Fairfax VA Continue Reading
My innocent trip to Arlington County Court
When I meet with clients, I like to discuss that I consider the equal opportunity laws to be the "highest law of the land". Some of you may remember me actually saying those words because I know that they carry some serious consequences if they are violated. We just had the fortieth anniversary of the Federal Fair Housing Act of 1968 which Continue Reading
The “net price” of a real estate sale
After looking through some home sales data with a client in Oakton, it seemed like a good idea to clarify some of the determining factors when examining homes sales comparables that influence current pricing of homes. Determining a net sales price for a home is impossible if you are looking at recent sales data published in the local newspaper. Continue Reading
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