Before we tear down older ramblers or splits in Vienna, there is a period of time when contractors will take houses apart so anything of value can be recycled or donated to a 501 (c) (3) charitable organization. Copper pipes HVAC systems Appliances Storm Doors But many people don't think about wood boards being recycled Continue Reading
Deposit Amounts and Negotiations
Sitting at their kitchen table while explaining the sales contract and putting together a competitive written offer, I was asked... "What's the earnest money deposit formula in Virginia?" this Vienna home buyer studiously asked. This really isn't an uncommon question because most buyers are reading websites written by mortgage lenders, Continue Reading
Knowing the Real Estate Market
People are always surprised when they ask me about a house, and I tell them that I have already been inside. Realistically, I can't see every new listing in Fairfax County without making that my full-time job. But, I do make an effort to see as many as possible especially when a home is interesting to me or to one of my clients. That market Continue Reading
The Home Inspection after July 1, 2017
Scheduling a home inspection in Virginia may be a little more difficult after July 1, 2017 when a new licensing law for home inspectors goes into effect. The immediate impact will be a reduction in the home inspector population... yes, fewer home inspectors! Every July new laws go into effect in Virginia, and this year the real estate Continue Reading
Surfing the Escalation Clause | Real Estate Tip
Bushy, bushy blonde hairdos... surfin' U.S.A - The Beach Boys Escalation clauses can come in like waves... hot one month then totally flat the next. Understanding the Escalation Addendum in a competitive real estate market like ours in Vienna typically happens when buyers find out there is another offer already on the table. The goal is to Continue Reading
New Home Trend in Vienna | Casement Windows
Windows must be a priority when designing a custom home, and a new home trend in Vienna is including casement windows to allow maximum light and glass area. Most windows you see here are double-hung, where there are a top and a bottom window, and there is a latch in between. Casement windows have been used in Europe as the Continue Reading
Debt to Income Ratio | Planning Ahead
One of the first tips I give people when they tell me they plan to buy a house next year is to focus on their Debt-to-Income ratio. Most clients who buy homes get a mortgage, and find out quickly that their finances are about to get scrutinized. Even though ads for rocket-easy mortgages make it appear simple, they will still want you to provide Continue Reading
First Steps In the Process | Home Buyers
When we have our first meeting and discuss plans with any new real estate client, I like to review a basic home buying costs worksheet. Knowing the numbers is empowering because it allows clients to see the costs of buying a home and determine a future household budget. I use estimates based on typical costs that I see in Vienna real estate Continue Reading
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