Posts Tagged ‘real estate’

Homes Prices Soar Nearly $100,000 in the Month of July

Falls Church has seen months where most of the inventory was either a foreclosure or a short sale, but much of that is in the past according to average sales prices from last month. From July 2009, single family home prices were up nearly $100,000. Last month 128 properties changed hands, of which 30 were either short [...]

What’s the Difference Between a General Warranty Deed and Special Warranty Deed?

In Virginia, when you pick your settlement agent (an attorney) to represent you in the purchase of a piece of real estate, part of their job is to do a title search. The title search is research of public records and any court decisions, if appl., to disclose facts concerning ownership of the property. Basically they want to know [...]

Sell Your Home in Arlington or DC – Get a Chance to be on HGTV

I got an email from a woman from HGTV Headquarters about their show, My First Sale, about homeowners who go through the sale process for the first time. If you’re thinking of selling in Arlington or Washington, D.C. please call me! Let’s apply to be on the show together as we get your home ready [...]

Today Is The Last Day Before The FHA Upfront Mortgage Insurance Goes Up

So i’m not a huge fan of April Fool’s…so this is not a joke! The FHA is increasing the upfront mortgage insurance premium from 1.75% to 2.25% of the loan amount for all loans that are not assigned a case number by Sunday night. A case number is assigned to a person AND a specific [...]

What Happens After We Find A House To Buy?

I notice  that there is often confusion when it comes to the process of buying a house. When do you do a home inspection? When do you get an appraisal done? Who orders them? All very common questions! Here’s a quick ‘n dirty version of the process: Once you pick a property you want to [...]

Buyer Strategies for Buying Bank Owned and Foreclosure Homes

So you wanna buy a foreclosure, huh? Let’s go through the process of how a home becomes a bank-owned property and then we’ll go over tactics. First, if a homeowner decides to try and short sell a house it’s placed on the market, subject to 3rd party approval. If that home doesn’t sell as a [...]

Arlington, VA Real Estate Market Statistics – November 2009

With the end of November 2009, came the end of the first round of the first-time home buyer credit, which was set to expire on November 30, 2009. Look at the difference a year makes: in November 2008, there were 142 sales, in November 2009, we had 240. How’s that for a year? Check out [...]

The State of the Arlington VA Real Estate Market – In Pictures

I was at Whole Foods in Arlington on Monday…you can see some items have been picked over, left on the shelves waiting for the desperate and willing to come pick up the leftovers…I can say that this immediately rung as a metaphor for the Arlington, VA real estate market the past few months. Just like [...]

October 2009 Real Estate Market Update – Falls Church, VA

The stats for October in Falls Church, VA includes both the city of Falls Church and the part of Falls Church within Fairfax County. Detached Houses Average Net Sale Price: $492,878 after 59 DOM Range: $210,000 – $1,321,650 Avg Sold Price was 96.33% of Original List Price Townhouses Average Net Sale Price: $382,943 after 88 DOM Range: [...]

October Real Estate Market Update – McLean, VA 22101 and 22102

McLean VA is home to many businesses and personal residential pieces of real estate. The zip of 22101 is heavily populated with Businesses, so I’ve broken out the October statistics by zip code: 22101 Detached Houses Average Net Sale Price: $1,496,948 after 176 DOM Range: $513,500 – $3,500,000 Average % of List Price: 89.89% Townhouses [...]

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