"We spent your $160,000 building the house..." When dealing directly with a local builder, new home buyers should know that the deposit that their builder will collect with the contract is treated differently in custom home purchases than in local resale transactions. Escrow Accounts Operating Accounts Builder default As I have driven Continue Reading
Real Estate Checklist: Homeowners Insurance
Another high priority checklist item for home buyers: getting a homeowners insurance policy set up early in the process. Yes, the Homeowners Insurance Policy. These policies are lender requirements and they will only give you a mortgage if you can show them a fresh policy. What you don't know is that insurance companies use an industry Continue Reading
Concerts on the Vienna Town Green | 2015
Bring your blankets or chairs, and yes, there are bathrooms and wifi. The summer concert series on the Town Green in Vienna, VA is underway! New in 2015, the stage has a new roof which improves sound quality, protecting the performers and their equipment. Also, enjoy Sunday afternoon July 26th, August 30th, September 27th and October 25th Continue Reading
A required termite inspection in your sales contract?
Yes, a termite inspection is part of the standard Northern Virginia real estate sales contract. Last week, I received a question via email from an upset seller who had just been told that he was being required to have his home treated for termites. He wanted to know if this was accurate (getting a second opinion) because he really didn't want to Continue Reading
Pavlov’s Dog or Today’s Home Buyer?
Your head is spinning and then "DING!" chimes your iPhone. It's Zillow alerting you to a perfect four bedroom colonial in the right school district..." - radio ad I heard a version of this ad today in my car and all I could think about was Russian physiologist Ivan Pavlov who studied an unconditional response in dogs who would salivate when he Continue Reading
Great Real Estate Photography is Essential
As online real estate marketing becomes more visual, it is critical for anyone planning to sell their home to understand that great real estate photography is essential. Today's active real estate shopper is starting at home looking at a laptop or iPad-like device and making decisions whether a home is worth their time or a total dog. Google Continue Reading
Preparing for the Bidding Wars
After reading today's authoritative article "Bidding wars a legacy of housing bubble" in The Washington Post, you may think that many sellers are using a strategy of under-pricing their home to spark a bidding frenzy. Want to know what it is really like? Then ask any home buyer in Northern Virginia about finding a below-market priced Continue Reading
Expanding Your Colonial
Expanding your colonial is a smart option for anyone who appreciates their current location and doesn't want to move. The most common issue has to do with the typically small size of the master bedroom, master bath and closets. I feel there is a cost effective solution for you to consider. If you have a garage, or a carport which is Continue Reading
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