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We all understand the local economy, job market and investment trend in the area. Listing and reading about all the negative things about the Real Estate industry, I wish we only had access to local media information. On the other hand living in this globalization and technology growth era we have more information and tools to draft the realistic ...
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Hard-core renters can come up with all kinds of reasons to avoid real-estate purchases. Here are some of the usual stories -- and why they just don't wash.
Excuse No. 1: "Everyone is way too insane about real estate."
Count this as the "protest" renter -- the person who perpetually rents, who thinks he's too ...
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Buying a home without getting a CLUE can land you in deep trouble. CLUE is the Comprehensive Loss Underwriting Exchange, which tracks insurance-claim histories of both people and properties, and it can be a major roadblock on the highway to homeownership.Home buyers who have never made a claim on their own policies are finding themselves being ...
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Carriage Series townhomes at Lansdowne Town Center
Pre-construction prices in the $400s -3-level brick-front townhomes-3 bedrooms, 2.5 baths with 2-car rear garages-Hardwood foyers and all ceramic baths-Open-band high-speed servicesThe Town Center Community will offer shopping, dining and daily conveniences including Harris ...
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Don't Make Any Major Purchases Do not make any major purchase that would create debt of any kind. This includes furniture, appliances, electronic equipment, jewelry, vacations, expensive weddings… …and automobiles, of course. Don’t Move Money Around When a lender reviews your loan package for approval, one of the things ...
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You don't have to add a room. Simple things like windows and landscaping may give you more bang for your buck.
So you've decided not to trade up after all. Even more, you don't want to dump a lot of money into fixing up your house if its value -- and your equity -- are likely to be flat or even falling in the next few years. ...
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Because of the change in real estate market conditions, more sellers are competing for fewer buyers. So once again, it seemed important to challenge a long-standing "myth" of real estate. "The initial listing price isn't that important because the price can always be adjusted down later." Many homeowners believe ...
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Make your condo purchase a smart one 7 questions to ask before signing a contract
Spring is the busiest season for condominium sales. There are many reasons for buying a condo instead of a house. They make great affordable first homes. They also make great “last homes” if you are downsizing from a large family house to a smaller ...
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The 2006 Profile of Home Buyers and Sellers describes the characteristics and motivations of recent home buyers and sellers in Virginia and in so doing helps real estate professionals track the changing demands of consumers in a dynamic market. Here are some of the interesting facts:CHARACTERISTICS OF HOME BUYERS• The median age of home ...
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In the sellers’ market of 2004, 2005 and early 2006, seller subsidies or seller contributions were often unnecessary. As the Northern Virginia housing market returns to a more balanced market, seller concessions are offered in an increasing share of transactions.
Seller subsidies can include help with closing costs, decorator ...
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