alexandria: The Four Stages Of Negotiations When Buying Or Selling A Home - 05/17/17 12:49 PM
The four stages of negotiations when buying or selling a home is a pertinent Real Estate blog that is relevant to the Real Estate industry. Scroll down to see the entire blog.
Whether you're buying or selling a home, you're going to have to go through the negotiation process. Today I will be outlining the four major stages of negotiations. Ideally this will prepare you for anything that may come your way.
 

 
1. Getting the offer accepted: You have agreed on price, terms, and conditions. You have signed the contract and put it into escrow.
 
2. Appraisals: The … (1 comments)

alexandria: Closing Costs When Buying A Home - 03/09/17 07:07 AM
Closing costs are often the last thing a person thinks of when buying a home. While closing is the joyous moment the home becomes yours, the costs can be surprisingly aggravating.
When you purchase a home, condo or other property, you will go through a period known as escrow. During escrow, various issues related to the property transfer are worked out. The last day of escrow is known as the closing day and you are going to be paying closing costs.
Closing costs come in many forms. Some involve significant dollars while others are relatively painless. Here’s a list of typical costs:
Escrow Fees
An … (2 comments)

alexandria: Springtime home maintenance tips - 03/07/17 09:03 AM
Springtime home maintenance tips is a published blog in Active Rain that is pertinent to Real Estate. To see the entire blog, scroll down.
Tim L. Ramey
LaBelle Real Estate Group
Tim@TimLRamey.com
612 701 5335
www.TimLRamey.com
 
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alexandria: 7 Tips For Finding the Best Realtor in Alexandria - 02/22/17 08:41 AM
Finding the right Realtor for you can be difficult, but here are a few tips to help you through the process.
Statistics in Northern Virginia real estate show that the average family is ready to move to a new home almost every 5 years. When it’s time to move, it’s time to find the best real estate brokerage to help you to sell your most valuable asset and move to the next step of finding your next “dream home.” Here are a few thoughts to consider:
Find an agent with a marketing plan that is designed to incorporate all the resources, tools, … (3 comments)

alexandria: Climbing The Equity Ladder in Alexandria Virginia - 02/17/17 06:33 AM
If you currently find yourself in the enviable position of looking to buy a second property in Alexandria, Virginia, then congratulations. The equity that you stand to gain from this purchase can be considerable, just remember to plan properly, to maximize your gain. The first step in this process is to decide what the second home will be utilized for. Is it a vacation home? Perhaps a long or short-term rental? Either way, the more detailed about your forward planning you are, the smoother the process will be.
If you are looking at this purchase as a source of revenue then there … (1 comments)

alexandria: Finding A Real Estate Agent in Alexandria - 01/30/17 11:37 AM
Whenever you buy or sell real estate in Alexandria, you may be like many other people out there, in thinking that you don’t need a real estate agent. Some first-time buyers think that a real estate agent is a waste of money. What they aren’t aware of, is that real estate agents are normally paid by the seller, not by the buyer. As a buyer, you’ll get to work with a professional real estate agent without really having to pay for it yourself. More importantly Nesbitt Realty refunds thousands of dollars to buyers which actually saves you money!
A lot of real … (2 comments)

alexandria: Tips For Buying Your First Home - 01/26/17 06:58 AM
For a first time home buyer, the process can get quite overwhelming, giving you the feeling that the financial decisions are rapidly spinning out of control. When it comes to real estate, most people don’t have a lot of experience or know a lot about it. In all actuality, buying a home is actually a simple process. All you need to do is understand the basics, which will go a long way in helping you buy your very first home.
The first thing you should know is to avoid pre payment penalties at all costs. What this means, is that if you … (0 comments)

alexandria: Nature Center in Alexandria - 02/29/16 12:52 AM
Jerome “Buddie” Ford Nature Center The Ford Nature Center is located in West End Alexandria not far from the intersection of Beauregard St. and Sanger Ave. The Nature Center backs to Holmes Run behind William Ramsay Elementary School. The Nature Center is sited on Dora Kelley Nature Park, a 50-acre wildlife sanctuary with a one-mile long nature trail that meanders along streams, wooded hills, and freshwater marshland.
Staff naturalists at the Nature Center welcome visitors and “explorers” interested in Alexandria natural history. For groups of 8 or more, make reservations and a staff naturalist will take you on a guided tour … (0 comments)

alexandria: Recent Economists Give Housing Mixed Reviews - 02/08/16 12:11 AM
Home prices that approach what they were before the bust are at least five years away, says Peter Morici, a University of Maryland professor of economics.
“I think we’ll see housing values rise 20 or 25 percent and then more gradual appreciation,” Morici says.
The problem, he believes, is the oversupply of housing. “Supply is a couple of years ahead of demand,” he says.
Other housing observers were less optimistic. “Foreclosures are still going to bite the market. Given the preponderance of negative housing data, we may see another leg down,” says Joseph Brusuelas, president of Brusuelas Analytics.
Source: Bloomberg, Courtney … (0 comments)

alexandria: Single Women: Why They Do Buy Real Estate. - 02/08/16 12:06 AM
According to  research economist Jessica Lautz, “More than one-third of all home buyers buy a home for the desire to own. This has been the most cited reason consistently for the last several years, but it is even more true of single female buyers. Nearly half of single female buyers purchase a home because they have a desire to own a home. The second most cited reason for single female buyers in choosing to purchase a home is a change in family situation—13 percent of single female buyers purchase for this reason, compared to 9 percent of all buyers.
“In comparison … (0 comments)

alexandria: Recent Pending Home Sales on an Upswing - 02/07/16 11:46 PM
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1 percent above March 2009 when it was 85.0; this follows an 8.3 percent increase in February. The data reflects contracts and not closings, which usually occur with a lag time of one or two months.
Lawrence Yun, NAR chief economist, said favorable affordability conditions have been … (0 comments)

alexandria: Pending Home Sales Drop - 02/07/16 11:39 PM
Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the NATIONAL ASSOCIATION OF REALTORS®.
The Pending Home Sales Index, a forward-looking indicator, dropped 30.0 percent to 77.6 based on contracts signed in May from a reading of 110.9 in April, and is 15.9 percent below May 2009 when it was 92.3. The falloff comes on the heels of three strong monthly gains as home buyers rushed to take advantage of the tax credit.
The data reflects contracts and not closings, … (0 comments)

alexandria: Home Owners Do Love Their Houses - 02/07/16 11:26 PM
Despite declining home prices, 90 percent of Americans don’t regret buying their current home, according to a survey for Bankrate.com.
Among the 9 percent who do regret the purchase, most say they are unhappy that they can’t sell their home and move elsewhere or they can’t afford their monthly mortgage.
Some 79 percent of those polled say they have a fixed-rate mortgage on their homes. Among those making over $75,000 per year, 90 percent say they have a fixed rate mortgage.
Source: Bankrate.com (07/12/2010)
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alexandria: Demand is Strong for Well-Prices Homes - 02/07/16 11:22 PM
Yes, houses will sell as long as they are priced right. In many — but not all places — that means they’re priced low.
“People who price their homes to the market are selling them in a reasonable amount of time, but people who cling to 2004 or 2005 prices aren’t,” says Richard Smith, president and CEO of Realogy, the parent company of Century 21, ERA, Coldwell Banker and Sotheby’s International Realty.
In some areas, pent-up demand has exploded. “It’s crazy,” says Brendon DeSimone, an associate with Paragon Real Estate in the Noe Valley near San Francisco. “I had one house … (0 comments)

alexandria: Another Reason to Love Alexandria, Virginia - 02/04/16 04:14 AM
Last week all anyone could talk about was the winter storm of the millennium.  In Northern Virginia the estimates of projected snowfall were almost cartoonish.  The storm coming into the area was to have an impact on several states and this usually means shutting down function of the streets or highways.
On Friday the 22nd of January things in the office were quiet and people ended up leaving early to get home before the beginning of the ultimate snow storm.  It was to begin about noon time and came almost exactly and hour later.  The snowfall began then and continued until … (2 comments)

alexandria: 4 Poor Decor Choices New Home Owners Make - 02/02/16 10:39 PM
When your client finally closes on their home, they’re going to be excited to start making the place their own. But going overboard with decorating concepts or placing furniture in the wrong configurations can make a home look cramped and uninviting. Help guide your client’s eye for interior design by steering them away from these furnishing mistakes recently highlighted by realtor.com®:
Making a Home Picture-Perfect
Secrets of the Staging Pros
Staging Outdoor Spaces
6 Ways to Spruce Up a Home With Staging
Oversized furnishings. “Measuring a space is imperative before you purchase anything,” Will Saks, a designer with Homepolish, told realtor.com®. … (3 comments)

alexandria: Remodeling Benefits Owners Who Sell or Stay - 02/02/16 10:31 PM
WASHINGTON (December 9, 2015) — Homeowners preparing to sell often make improvements, both big and small, to their homes that can help yield positive results and garner top dollar from buyers. According to a new report from the National Association of Realtors®, remodeling projects can also bring major benefits to homeowners who choose to remain in their homes.
“Realtors® know that certain home upgrades and remodels can be beneficial to get more buyer eyes on a property, potentially bring in more offers or gain more equity from a home,” said NAR President Tom Salomone, broker-owner of Real Estate II Inc. in … (1 comments)

alexandria: Should I Rent or Buy? - 11/30/15 04:26 AM
Is it time to take the plunge into the home buyers’ world?
If the idea of purchasing your first home or just buying the next home is on your mind, I have some thoughts to add to the collection you’ve already been making in your own mind.  Sometimes moving seems like an exciting experience and other times just a nuisance.  The act of actual moving is totally irrelevant, though when it comes to actually achieving movers happiness.
In order to gauge the level of success you’ve achieved from a move some factors must be taken into account.  The first that I’ve noticed when … (1 comments)

alexandria: Thanksgiving is near. . . - 11/23/15 03:53 AM

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alexandria: Contingencies in Real Estate Sales Contracts - 11/23/15 03:45 AM
Real estate contracts often have contingencies. A contingency is a clause in a contract that gives either the buyer or seller a way to get out of the contract if certain conditions or timelines aren’t met. A contract could be contingent on anything a buyer and seller agree to, but there are a few very common contingencies. Typical contingencies are:
financing sale of home home inspection appraisal Generally, a contingency only last for a period of time and the contingency expires. After a contingency expires, either the contract expires or the contingency expires depending upon the terms of the sales agreement.
For … (0 comments)

 
Will Nesbitt, Nesbitt Realty is a family-run brokerage. (Nesbitt Realty at Condo Alexandria) Rainmaker large

Will Nesbitt

Nesbitt Realty is a family-run brokerage.

Alexandria, VA

More about me…

Nesbitt Realty at Condo Alexandria

Address: 1451 Belle Haven Rd, Ste 222, Alexandria, VA, 22307

Office: (703) 765-0300

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Neighborhood notes, local features and tips for buyers, sellers, renters and landlords in Northern Virginia especially Alexandria, Arlington, Fairfax and Falls Church. Including fast and free property search tools.


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