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home buying: Pretty Pictures May be Worth Thousands of Words - But They Don't Replace Real Estate Agents - 10/23/10 04:45 PM
As real estate has become more "transparent" consumers often think they can go it alone.  Unfortunately some find out to late that the pictures don't show the real story and more importantly that a real estate transaction is far deeper than just looking at a home and writing an offer.Our industry is changing but I don't see agents disappearing from the scene anytime soon.

Via Myrl Jeffcoat (Real Living Great West Real Estate):

Real Living Great West Real Estate(916) 635-0420http://www.myrljeffcoat.com
 
 
(3 comments)

home buying: Northern Virginia Buyers Are Turning to FHA & VA Loans in Droves - 06/22/09 08:46 PM
We see dozens of marketing reports posted every day about total sales and sales prices in Northern Virginia. We know sales prices are down. Recently we have been able to report that the total number of sales have increased from 2008-2009, brought on by lower prices and lower interest rates. One set of numbers that you don't see reported often is how are the home purchases being financed?Let's just say simply, FHA and VA rule!
A quick glance at a comparison between May 2008 and May 2009 shows just how significant the increase is.




There have been a … (2 comments)

home buying: Now Serving Client One Million and One - 06/12/09 01:20 PM
Recently a call came from a prospective first time buyer who had some questions.  They were interviewing agents to see who might be able to help them by a home.  As with most agents I always look forward to the opportunity to work with a new buyer and so I was more than happy to answer their questions and send them my first time home buyers guide.The questions were going along well and then one came that had me stymied.  "How many clients have you served during your real estate career?"At first I tried to quickly come up with a number … (12 comments)

home buying: What Happens When the Tables Are Turned? - 06/11/09 06:23 PM
This week an offer came in on one of my listings.  The prospective buyer has been hanging around awhile so we figured it was only a matter of time before an offer would arrive.  When they presented the offer it was for almost $100,000 less than the asking price.  Now I've learned not to be very surprised by anything that rolls off the fax machine anymore, so despite shaking my head I thought lets see how we work with this.Serious conversations ensued where the buyer defended the offer and explained their rationale.   That is terrific but the logic wasn't 100% on target.  … (21 comments)

home buying: Buying Your First Home? Don’t Forget the Home Inspection - 06/10/09 06:30 AM
In Virginia there is a Lemon Law on the books to protect consumers who purchase a car which is later found to have serious defects. However, there is no such law when it comes to protecting buyers when they are purchasing a home. When the market was hot in Northern Virginia many buyers had to pass up the opportunity to have a thorough home inspection in order to "win" their first choice home.
In our current market where foreclosures seem to dominate the landscape another group of buyers is being asked to skip the home inspection process.  Don't do it.  Even … (16 comments)

home buying: New Appraisal Process-Not to Worry Your Home is on a Toxic Waste Dump - 06/09/09 01:45 PM
Yep that was on the appraisers report.  An entire neighborhood in Woodbridge is built on a toxic waste dump.  What does the lender do with this little piece of news?  It is just one of the new twists that we are seeing when appraisers who may be unfamiliar with a neighborhood head out to provide the lender with a value on a home.  Now anyone who is familiar with the neighborhood in question knows that there isn't now or has there ever been toxic waste associated with the site.After weeks of back and forth, a significantly delayed settlement and a frantic … (12 comments)

 
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Cindy Jones-Northern Virginia Real Estate & Military Relocation Services

Woodbridge, VA

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