Did you know there’s something called a final walk-through prior to closing? It is just like it sounds, a final opportunity for the buyers to go through the property to make sure everything still works (or is in substantially the same condition as the home inspection), that nothing was damaged or taken during the move, and that [...]
Archive for the ‘Arlington’ Category
Buyer Agency Agreements To Be Mandatory as of July 1, 2012 in Virginia
April 23rd, 2012
Laura Recent legislation has changed some things about real estate agency in the state of Virginia. I’ve had a personal motto of never requiring Buyer Agency agreements because I have always felt that a strong relationship is based on trust, and I have told every buyer I have every worked with that if at any time [...]
What Days Do Most Properties Become Active for Sale?
April 19th, 2012
Laura Every agent has their own idea of when and how to market new homes for sale. So answers obviously may differ, but I am often asked: “What days of the week do most properties get listed for sale?” Here’s the answer and more importantly, why: Answer: Wednesday, Thursday and lately Friday Here’s why: 1. Broker’s Open: Every [...]
What You Need To Know About Buying A Flip
April 12th, 2012
Laura Flipping properties is still going strong in the DC Metro and Northern VA areas. While some are very pretty inside, and usually priced well to sell quickly, there are still some things you need to know when looking into buying a flip: 1. If you’re getting a mortgage, find out what the guidelines are for [...]
Arlington Real Estate Prices Continue to Increase
April 11th, 2012
Laura March was another good month for Arlington real estate, prices inched up almost 2% over averages of last year. The biggest sign our market is strong: over 51% of the properties sold in March sold within 30 days. A total of 195 sold in March, of which 7 were short sales and 9 were foreclosures. [...]
Advantages and Negotiation Tactics of a Cash Sale
April 10th, 2012
Laura You know that old saying “Cash is King”? Well, that rings true today. In Arlington County, cash sales account for about 20-25% of all sales. There are many advantages to a seller of a cash offer, as well as numerous negotiation advantages to a buyer. Let’s discuss a few, and a few things that may [...]
When Can I Shop Around for Mortgage Rates from Different Lenders?
March 28th, 2012
Laura This is a question I get often, usually in the beginning of the process – at what point do you shop around to see which lender can give you the best interest rate on your mortgage? The answer? When you have a contract or are close to one. In the beginning, you’ll get pre-approved for [...]
Top 30 Under 30 Finalist: Please Vote!
March 26th, 2012
Laura One of my very first goals when I got into real estate was to make the list of the Top 30 Under 30 Realtors(R)…and I’ve made the top 50 finalists for 2012! So PLEASE, PLEASE help me!!! A panel of judges will pick the actual top 30 to be released in May/June, but there’s still [...]
A Real Estate Divorce
March 21st, 2012
Laura Like many relationships these days that end in divorce, many can be attributed to 2 major problems: communication breakdown and money. The same could be said for real estate transactions and relationships. It’s been my experience that these are the two biggest roadblocks both between agents and clients, and buyers and sellers. The obvious: Money [...]
When To Stay, When To Go
March 20th, 2012
Laura Buying or selling real estate involves huge decision, both from a financial and personal point of view. There are tax implications, moving expenses, down payments, cash flow limitations, and so much more! Sometimes it’s an easy decision to make a move, but sometimes it’s hard to decide whether you should stay put, or look to [...]
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