Prince William County Virginia Real Estate Recovery seems to be inching in the right direction. This year home values have eeked up just enough that many homeowners who call me are getting good news. They learn that they have enough equity to sell their homes!
So far this year has been the year of Domino Real Estate Transaction.
This week our real estate team helped six customers go to settement on homes and no one is moving. How is that possible?
It is called the Post Occupancy Agreement ( or seller rent back agreement)
Each case is different and each seller has a reason why they cannot move. In many cases the seller just needs enough time to close on their existing home with you and then get moved into the move-up home.
Domnio closings go like this.
- First we list your home For Sale.
- A buyer makes an acceptable offer. We add in a clause that says you the seller needs two weeks to find your Home of Choice ( this is the home of choice contingency)
- You look for a home and when you find it we negotiate acceptable terms for you
- Then we remove your home of choice contingency.
- It all gets complicated when the home you chose as your move-up home, also has to find a new home. Welcome to the Domino Closing! ( relax...breathe and just remember we've done this before..)
- The people who's home you want to buy need to find their Move-up Home. They negotiate and return with a counter that says, ok...we've found a home we can settle on such and such date but then we need an additional week to move out.
- That period is called the Post Occupancy Period.
So in less than a few weeks from calling you move from a home you like to a home you Love!
Examples:
-
We listed 11937 Cotton Mill Drive in Lake Ridge Virginia and the sellers purchased 6714 Leesa Dawn in Manassas Virginia and those homeowners purchased Pinnacle Ridge in Manassas Virginia and the folks from Pincale Ridge moved as well
-
We listed 3388 Vineland Place in Southbridge Subdivision in Dumfries Virginia and they move-up to 2145 Jennings Street in Newport Estates in Woodbridge Virginia ( this all happened in 40 days from inquiry to settlement!)
-
We helped the owners of 12291 Tilney Ct in Westridge Subdivision in Lake Ridge Virginia sell their home and downsize to brand new home in Reids Prospect in Woodbridge Virginia.
-
We helped homeowners in Westridge Subdivision rent their Manchester Way townhouse and they purchased this wonderful home near the VRE in Manassas Virginia in Blooms Crossing read more here and those folks bought a move-up home as well
-
We helped home buyers purchase 12532 Poplar Lane in Occoquan Virginia and that owner moved up to his dream home in on sprawling acres in Marshall Virginia.
If you are reading this and thinking..."gosh, I would love to buy a larger home."
( Or maybe you are thinking, this home is too big for us now.) "I wonder....."
Then it time to just pick up the phone and explore your options. Please remember I do not sell anything. Consider me your coach. I will help and guide you and assist you with attaining your goal!
Find Out What Your Home Is Worth Right Now START HERE
"We Know Woodbridge Virginia and surrounding
area's! Do You Need Help?"
Have a question? Let's talk contact me by email or call 703-851-3085.
Contact Peggy James or Erick Blackwelder of Erick and Company ofExit 1st Choice Realty, WoodbridgeVA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252(Office).Give us a call and we can "GET YOUR HOME SOLD FAST"to list your property for sale we service Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City, Gainesville, Garrisonville and Triangle area's
Comments(13)