arlington: 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)

arlington: Why sign a buyer’s representation agreement? - 11/23/15 03:42 AM
July 1, 2012 agents are now required to have buyer representation in writing in the state of Virginia. Realtors must disclose which party represented in a transaction prior to showings. Without a clear understanding, many clients are hesitant to sign (perhaps you do not know the agent well enough to commit or think there is a fee for a buyer rep- there is not). I would recommend signing a limited agreement for a day to view 1 to 2 homes. If you are comfortable  with the agent after the initial meeting, then extend the agreement for the purpose of finding your … (1 comments)

arlington: Did You Know ‘Missing Households’ Plague Housing Recovery - 11/23/15 03:38 AM
High unemployment among young adults is prompting a big loss in household formation that is critical for long-term housing demand, according to housing experts.
Of 25 to 34 year olds, about 75 percent were employed in September; that’s about the same as year-ago levels and near the levels during the recession, The Wall Street Journal reports.
Young adults who are unemployed are mostly opting to live with their parents and aren’t renting or owning their own place. Indeed, the number of adults under the age of 35 who are living at home is at the highest level since 1981. More than … (0 comments)

arlington: According to Census, Americans on the Move Again - 11/23/15 03:31 AM
After staying in place for years, bogged down by the financial effects of the recession, Americans are finally back on the move, according to the latest U.S. Census data.
In 2012, nearly 16.9 million people moved between counties, and 7 million made long-distance moves from one state to another. For long-distance moves, that figure was nearly 5 percent higher than 2010.
The recession had the effect of “freezing people in place” as they waited out a housing and economic slump, and now there’s “at least a thawing,” Kenneth Johnson, a demographer with the University of New Hampshire, told USA Today.
The median price of … (0 comments)

arlington: Seven Things Your Realtor, Doesn’t Ever Want to Hear - 11/23/15 03:15 AM
“I’ll know it when I see it.” Buyers should come into the home buying process with a list of must-haves and wants. Buyers that want to be taken seriously get preapproved. This helps to expedite the process of making offers and also to pinpoint the price range of what the buyer can afford. “I’m not in any hurry.” Realtors don’t expect to rush you through the home buying process. At the same time, they don’t want to waste their time with a client that doesn’t have any firm motivation to make offers or to buy. “I’m not going to give it … (1 comments)

arlington: On what a resident should ask about condos? - 11/16/15 12:30 AM
What matters in a condo varies by the person, but questions tend to draw from the same pool of questions:
What amenities are included? Is there a pool? Tennis court? Exercise room? Are pets allowed? Are there areas I can walk my dog? Are there any size or breed restrictions? Is heat electric or gas? Is the heat included in the condo fee? Do condo fees include utilities? Electricity? If there is carpet, are there hardwood floors underneath? Is the washer and dryer in the unit? On the same floor? In the basement? If buying, what are the condo fees and … (6 comments)

arlington: On pre-approval, before home shopping - 11/16/15 12:26 AM
Obtaining pre-approval from a bank is a daunting process.  It is time consuming both due to the delay and because of the amount of paperwork required to satisfy a lender of your credit status.
It is, without a doubt, the most pressing matter before beginning your home search.  Proceeding without this step can lead to angst and lost time, energy and opportunities.  Without pre-approval you’ll be facing the following pitfalls very quickly:
Offers will be rejected in favor of lower offers by pre-approved buyers. Delays can result as you await approval by your bank. Too late you may find the home you … (2 comments)

arlington: On the features on the Townes of Shirlington - 11/15/15 11:45 PM
Located at 2250 Garfield Street in Arlington VA 22206, The Townes of Shirlington can be found in the urban village of Shirlington situated at the south Arlington near Arlandia and the valley of
Four Mile Run. The Townes of Shirlington offer modern all brick designed and spacious townhomes with 3 different floorplans to choose from:
Davenport Kingsbury Westridge The Townes of Shirlington highlights an all brick exterior with brass door knockers and brass door kick plate at the front door that have been built to exact commercial standards. Well landscaped with benches at the common area compliments the townhomes.
The Townes of Shirlington … (0 comments)

arlington: 5 Signs a Home is Worth Purchasing - 11/09/15 05:08 AM
The best deals on homes are often on properties that aren’t perfect, but how do you spot a home with potential?  These are the 5 factors we’ve found:
Home shoppers looking for a great deal should keep these factors in mind when they are looking for a place with potential:
Location, location, location. You can fix a home’s condition, but you can never change it’s location.. Less than 50 years old. Properties older than a half century are likely to have more fundamental problems — like aging wiring, inadequate plumbing and sagging foundations. But when examining a home take care to … (1 comments)

arlington: Buying a home near the highway? - 11/09/15 04:55 AM
In an area crisscrossed with high volume commuter routes and heavily-trafficked Interstates, it’s inevitable that some folks are going to live in close proximity to a highway. It’s great to be near the Beltway or Route 66 because this can take a serious bite out of your commute. But the downside is that the highways can generate a lot of noise. In most areas, there are towering concrete walls to dampen sound in the neighborhoods in close proximity to the Beltway, I-66, I-395 and other highways.
In the picture above the wall has been taken down as work crews expand the road. … (0 comments)

arlington: Why do consumers love wood floors? - 11/09/15 04:44 AM
Step onto any wood floor and you’ll appreciate the warm and inviting tones and colors. As one of the world’s most versatile floor coverings not only do you get traditional beauty but also practical advantages:
Looks great and that great look endures; Hardwood resists stains, including wine and food; Wood is warm to the touch; Wood floors are easier on your feet and knees than concretes and ceramics; Wood flors are easy to clean; Real wood floors are fully restorable; Hygienic and dust free, especially good for allergy sufferers. … (4 comments)

arlington: What to Consider Before Buying a Home - 11/09/15 04:35 AM
BudgetHow much you can afford is very important to consider when buying a new home.  As a rule of thumb, some experts suggest paying 25% of your salary towards your mortgage. Fortunately, for people living in Northern Virginia, there are several job centers like the Mark Center, Inova Hospitals, USPTO, NOVA Community College, Fort Belvoir and Reston Town Center in the area which offer high paying salaries.
SizeWould you like to have roommates? Do you have a wife and plan to start a family? These are questions to consider before taking the step towards home ownership. Depending on your circumstances you might … (0 comments)

arlington: What every renter should understand about condominiums in VA. - 11/09/15 03:26 AM
I field calls every single day from renters who are interested in condominiums.  The names and locations change, but there are a few fundamental misconceptions that are so common, I feel the need to write this note for the general benefit of the world at large.
It looks like an apartment, but it’s not an apartment.First of all, a renter needs to understand the difference between an apartment and a condominium.  An apartment, or any multi-family dwelling, is owned by a single entity. Most usually the owner is a company, but more rarely an individual owns the property. Employees of the apartment … (1 comments)

arlington: What your Northern Virginia property manager should know … - 11/09/15 03:24 AM
If you own rental property, you probably should consider a property manager. If you don’t know the answers to these questions, then you should definitely contact us to find out more about our property management services.
What is the proper procedure for filing a notice to pay rent? What notices can permissibly be served to a tenant under the terms of a lease? What important legislation is looming on the horizon regarding debt collection? By law, what is the maximum security deposit you can collect in Virginia? What rights do you have (or not have) regarding pets on your property? What … (0 comments)

arlington: 8 Tips to Guide Your Home Search in Northern Virginia - 11/09/15 03:19 AM
1. Get your finances in order.Review your credit report and be sure you have enough money to cover your down payment and closing costs. Then, talk to a lender and get prequalified for a mortgage. This will save you the heartache later of falling in love with a house you can’t afford.
2. Research before you look.Decide what features you most want to have in a home, what neighborhoods you prefer, and how much you’d be willing to spend each month for housing. Is walkability important to you? How about proximity to the Metro? Perhaps you want your new home to … (2 comments)

arlington: Should I have a comparative market analysis? - 10/30/15 05:27 AM
One of the greatest skills that a Realtor can bring to the table for you is a knowledge of property values across a wide range of areas.  For a seller or landlord, this means you strike the right balance between getting the most value from your home and selling or renting it in a time frame that allows you to either move or capitalize on your investment.
Simply looking at a neighbor’s property and assessing yours based on their sale is fraught with dangers.  Realtors factor in not only differences in construction, floor plans, and location, but also have their finger on … (4 comments)

arlington: Phony Landlords Scam Would-Be Renters - 10/05/15 07:19 AM
An increasingly common scam involves crooks posing as landlords for property they don’t own, taking a deposit from hopeful would-be tenants and then disappearing into the night with the money.
The Associated Press reports that Adam Christianson, sheriff of Stanislaus County, says “What you have is primarily young, unsuspecting victims who truly believe they’re entering into a legitimate rental agreement. Before you know it, the real [property manager] shows up and says `Why are you here?’ Then they’re out on the street, and also out the money for first and last month’s rent and deposit.”
One of the best way’s to avoid being … (1 comments)

arlington: 5 Signs a Home Has Potential - 10/05/15 07:15 AM
The best deals on homes are often on properties that aren’t perfect, but how do you spot a home with potential?  These are the 5 factors we’ve found:
Home shoppers looking for a great deal should keep these factors in mind when they are looking for a place with potential:
Location, location, location. You can fix a home’s condition, but you can never change it’s location.. Less than 50 years old. Properties older than a half century are likely to have more fundamental problems — like aging wiring, inadequate plumbing and sagging foundations. But when examining a home take care to … (0 comments)

arlington: Purchasing a home near the highway? - 10/05/15 07:12 AM
In an area crisscrossed with high volume commuter routes and heavily-trafficked Interstates, it’s inevitable that some folks are going to live in close proximity to a highway. It’s great to be near the Beltway or Route 66 because this can take a serious bite out of your commute. But the downside is that the highways can generate a lot of noise. In most areas, there are towering concrete walls to dampen sound in the neighborhoods in close proximity to the Beltway, I-66, I-395 and other highways.
In the picture above the wall has been taken down as work crews expand the road. … (0 comments)

arlington: Why do people love wood floors? - 10/05/15 07:01 AM
Step onto any wood floor and you’ll appreciate the warm and inviting tones and colors. As one of the world’s most versatile floor coverings not only do you get traditional beauty but also practical advantages:
Looks great and that great look endures; Hardwood resists stains, including wine and food; Wood is warm to the touch; Wood floors are easier on your feet and knees than concretes and ceramics; Wood flors are easy to clean; Real wood floors are fully restorable; Hygienic and dust free, especially good for allergy sufferers. … (1 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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