Real estate blog entries tagged with northern virginia homebuyer by Brian Block -- Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President)

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Home : Blogs : Brian Block -- Northern Virginia & D.C. Real Estate : Northern Virginia & D.C. Real Estate Blog : Tag "northern virginia homebuyer"

northern virginia homebuyer: Mighty Paragaph 7 of the Sales Contract - 10/03/07 10:09 PM

Virginia is a caveat emptor state.

That's Latin for "buyer beware." For one reason or another, lawyers, Realtors, and the Catholic Church manage to keep the almost dead language on permanent life support.
Thus, when purchasing a home in Northern Virginia, it is very important to understand that there are certain disclosures and disclaimers that are made by the seller. It is crucial to be aware of certain protections that are offered by the Regional Sales Contract.
The mightiest of these protections is Paragraph 7 of the Regional Sales Contract. Paragraph 7 is so important that I read it verbatim at our initial … (28 comments)

northern virginia homebuyer: What to Expect at the Closing Table in Northern Virginia - 08/30/07 01:29 PM

When you are buying or selling a home in Northern Virginia, if everything goes smoothly you will find yourself at a closing or settlement table either in a lawyer's office, or more likely at a settlement or title company. If you've followed my buyer's or seller's flowcharts, you see that the final step is the settlement.
Many Northern Virginia homebuyers and some sellers are confused about what occurs at settlement and have misconceptions of the procedures. Some people picture a crowded room with buyers, sellers, attorneys, Realtors, mounds of paperwork, lions, tigers, and bears, oh my!
How long does a settlement last? … (4 comments)

northern virginia homebuyer: Can a Homebuyer Get Sellers to Pay Closing Costs in Today's Northern Virginia Market? Answer: It Depends - 08/11/07 03:39 PM

One of the most frequent questions that I get from clients is whether sellers are willing to contribute towards closing costs. I recently wrote an article with a detailed breakdown of purchaser's closing costs in Virginia. Depending on several variables including lender's fees, location of the sale, price of the property, and settlement service provider, closing costs can amount to 2-3% of the final sales price.
To a homebuyer who is scrounging up every last dollar to pay for a down payment, moving costs, new furniture, etc., learning that they have to come up with extra cash for closing costs often comes … (13 comments)

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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

Address: 6226 Old Dominion Drive, McLean, VA, 22101

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