arlington: Bold Design at the Heart of a London Kitchen - 06/06/17 01:19 PM
Planning on Selling?If you’re planning to sell your home, Nesbitt Realty can help. Our Realtors are familiar with the real estate market in Northern Virginia. A Realtor can determine the best listing price for your property. We know how to market your home to get the best price as quickly as possibly. Nesbitt Realty knows how the home selling process works, so we are ready to assist you every step of the way. Nesbitt Realty has access to the MRIS (our local multiple listing service). MRIS is the MLS database that agents use to find homes for sale in the area. … (3 comments)

arlington: 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)

arlington: Coinciding Settlements Clauses – Funding Issues - 03/10/17 07:52 AM
People who are selling their home in order to buy another frequently put a “coinciding settlements” clause into their contract offer on the new home. The purpose of this is usually twofold. In this article, we discuss the first purpose which is to use funds from the old home to pay for the new one.
How Coinciding Settlements Work
A coinciding settlement clause usually says something along the lines of “settlement under this contract is contingent upon the settlement of the contract for the sale of the Purchaser’s property located at 1234 Spring Valley Drive…” It typically goes on to state the maximum … (0 comments)

arlington: 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)

arlington: 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
 
(1 comments)

arlington: 10 Ways To Find Investment Properties in Arlington - 03/03/17 07:29 AM
If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are the ten:
1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven’t yet listed their property.
2. Use the internet. Go to a search engine and enter the type of real … (2 comments)

arlington: Best House Color to Sell in Arlington VA - 02/23/17 07:54 AM
Love at first sight happens every day in Arlington real estate. So, what is the best house color to make a potential buyer become a love struck buyer?
We all know that when you put the house on the market in Arlington, you need to make it look good for potential buyers. The color of your house can make all the difference.
First, there is no absolutely correct answer to the best color. Instead, the decision depends on the makeup of your home and the surrounding landscape. Let’s take a look at some issues:
1. Whatever color you choose, make sure it doesn’t clash … (2 comments)

arlington: 10 Steps to Getting Top Dollar for Your Home in Arlington - 01/30/17 11:14 AM
When you decide to sell your home in Arlington you should immediately begin referring to it as a house. You’ve become emotionally attached to this place and it’s now time to say goodbye. Your home is where the heart is. Your house is a product for sale, so start detaching yourself by making some changes that will help you with the sale of the house.
You probably have accumulated a lot of clutter over the years. This must be the first step.
1. Unclutter your home. Start in the basement and either throw things out or rent a locker off premises to store … (1 comments)

arlington: Basics Of Home Buying in Arlington VA - 01/26/17 07:01 AM
The most important investment you will ever make is probably the purchase of a home. Finding the right home in Arlington can be challenging but that’s why Nesbitt Realty is here.
Know Your PrioritiesOne of our jobs as agents it to help the client organize their thoughts.  We like our clients to actually sit down with pen and paper and work through what features are most important.
Location — Do you want to be a near Metro like Ballston or Court House? Do you want a particular school in Arlington County? Maybe you like a particular neighborhood like Shirlington or Aurora Heights? Size — Will a studio condo in Clarendon do?  … (4 comments)

arlington: Why buy at Horizon House? - 02/25/16 12:10 AM
Horizon House in Arlington VA is located amid shops, restaurants, entertainment, Metro and much more. Garage parking and extra storage also available. All utilities are included and pets under 30lb are welcome.
Condos at Horizon House were built in 1965 and their prices typicall vary from $270,000 to $520,000 each. Neighborhood is served by Potomac Crescent Waldorf School and Hoffman-Boston Elementary school.
See more properties in Arlington $200,000 to $300,000
(1 comments)

arlington: 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)

arlington: 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)

arlington: 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)

arlington: 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)

arlington: 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)
(1 comments)

arlington: 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)

arlington: 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)

arlington: 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)

arlington: 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)

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

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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

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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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