Archive for the ‘Arlington’ Category

2012 Real Estate Assessments Now Available

You should have received your 2012 real estate assessment from Arlington County by now (or should soon). You can also find them online now: Arlington Real Estate Assessment Property Search. Here are some important things you should know about what they mean: -Values are assessed using sales data from June 2009 to June 2010, meaning [...]

Researching Residential Building Permits

I recently read the description of a house that said something like “amazing remodel! everything new – deck, windows, kitchen…” and thought “I bet that’s pretty inside.” Then I went to Fairfax County’s website because it appeared the be flip done in 3 months. Much to my surprise, all of this work had been done [...]

The Basics of a Construction Loan

Construction loans can be complicated, lengthy, and involve a lot of red tape, but if the house you want is in need of repairs, it might be your best option to make your dream house a reality. Here are some basics you should know on obtaining a construction loan: There are 2 types: 203k Streamlined (for repairs [...]

Dealing with Tenants During a Purchase Transaction

This post is Virginia specific, because laws governing tenants in DC and MD are very different. When you’re looking at properties that are tenant occupied, you’ll have to keep a few things in mind: 1) Tenants have the right to say there through the end of their lease, whether you buy it before then or [...]

Arlington Condos Have A Great December 2011

A month fueled by increases, the year to date median sales price increased 3.6% from 2010, and condo prices increased over December 2010 as well. Of the 177 properties sold, 7 were foreclosures and 8 were short sales, among those 177 properties were selling for 95.1% of the original list price. Single Family Home N. [...]

An Early Start to the Spring Real Estate Market

It’s the middle of January, usually there’s snow on the ground and a small amount of activity in the real estate market. This year, neither seems to be true. Not only is there no snow, but there’s also been a tremendous amount of properties being listed and sold so far in 2012. Last year, at [...]

HOA/Condo Delinquencies, How They May Prevent You From Buying A Home

As you hear about lending restrictions changing for credit scores, debt to income ratios, down payment requirements, and a whole laundry list of other requirements to qualify and obtain a loan for buying real estate, there are 2 items that you have no control over: Homeowners Association or Condo Association Delinquencies A delinquent homeowner is [...]

What Is A Pocket Listing?

Occasionally I watch HGTV shows, mostly Property Brothers and Income Property, surprising I am sure since I live those shows every day! Last week I watched the season opener of Selling LA, just to tease myself with the gorgeous ocean views we don’t have here in DC.  Somehow the Potomac River just doesn’t have the [...]

Maintaining Your Home: The Difference Between Improvements and Maintenance

When it comes to putting a value on your home, evaluating what projects to spend money on, or even your taxes, there are some major differences between improvements to the home and maintenance. I’ll detail some examples of these differences below, but if you’re thinking of tackling your 2012 To-Do List, you may want to [...]

2012 Real Estate Predictions for Arlington County

After reviewing my 2011 predictions, it’s time to put my money where my mouth is and make my 2012 predictions public. Because it’s an election year and so much is up in the air, it’s hard to really know what involvement the Government will play in this years housing market with so much focus on campaigning. I’m [...]

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