Almost every home buyer includes a Home Inspection Contingency as part of their offer. These can help them (you) understand what you are buying using a competent professional who will be looking at the house over a three hour window. A home inspector will probably find easily fixed items such as leaky valves or improper electrical outlets, but Continue Reading
Vienna Bus 432 to the Silver Line
Over 1,000 homes in Vienna Virginia now have convenient access to the Silver Line thanks to Fairfax Connector Bus 432 which is running at rush hour through Town. It runs five times in the morning and evening, about every forty minutes, and drops commuters off at the new Spring Hill Metro Station along Route 7. You can use your SmarTrip card or Continue Reading
New homes need home inspections too
Your new house may be built by the best custom builder in Vienna and it may be your second or third house, but know that it is still important to include in your purchase contract the option to have a home inspector take a look at your new house a couple of weeks before going to closing. It's important. Really. In an ideal world, you should Continue Reading
Vienna Real Estate Trends ~ Summer 2014
(See updated chart below) After listening to Janet Yellen discuss Fed policy and views on the health of the economy, I took a fresh look at what the Vienna real estate stats were showing me. Now, ever since I took statistics at Boston University, I understand that interpreting those numbers is in the eye of the fortune teller expert Continue Reading
What’s wrong with that survey?
A couple of years ago I wrote about missing house surveys since mortgage lenders aren't requiring them anymore. And, you know what, it still bugs me that they don't care about the property you are buying. They don't care, but you should. If you are thinking about buying a house then know I feel seeing a survey is about as mandatory as having Continue Reading
Home Buyer Due Diligence
Virginia is one of those states where home buyers bear the responsibility to investigate a property to their satisfaction before they buy it. You may have heard of caveat emptor before, which means let the buyer beware. So, it is very important for you to know as much about the property as quickly as possible. One line in the Northern Continue Reading
The Driving Cost of Housing
There are many subjects that I discuss with home buyers when we first discuss their plans. One factor that everyone looking at Vienna real estate needs to calculate is transportation costs. This Northern Virginia area was designed around an "automobile plan" where you had to drive to the shopping center or to work like most of suburban Continue Reading
Some Moving Sales Stats
When I took "Statistics" at Boston University, I had a professor who really couldn't speak English very well. Lectures were frustrating, but I really remember one key concept from that class. Essentially, statistics are always subject to an individuals interpretation depending on what they/you hope to demonstrate to make a point. There can be Continue Reading
What does Coming Soon really mean?
There really isn't any sign more confusing to consumers than a real estate sign in front of a house that says Coming Soon! It's easy to understand a movie trailer that Muppets Most Wanted is coming soon. Or that the new 2015 VW Beetle is coming soon. Or that the new iPhone 6 will be coming soon. Each of these statements can create a Continue Reading
Responding to Real Estate Offers
will they respond to our real estate offer today? Clients always ask when they will hear back after an offer is submitted. It may be painful to hear but... it depends. Recently, when an offer was presented to a client, there was a typical discussion of when he should respond to the buyer. The offer was close to what he was asking for his Continue Reading
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