home buying: 7 Shortcuts to Internet Home Buying in Northern Virginia
- 02/24/17 06:13 AM
Searching for a home is becoming easier every day with more access to web sites across the country Realtor.com is the king of real estate listings. There are real estate company sites such as nesbittrealty.com where you can access the local affiliates and all their listings in Northern Virginia. Or a little back door play is to go to the state board of realtors where they list all the local realtor boards and the local MLS sites.
1.nesbittrealty.com – The number 1 real estate web site. Has easy access to its real estate listings around the world. The “maps” “coverage areas” “find your perfect home” … (2 comments)
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home buying: What To Do In a Low or No Inventory Market
- 01/30/17 11:10 AM
What to do in a low or no inventory market, is a pertinent Active Rain entry that is published and pertinent to Real Estate. Scroll down to see the reblogged content.
What To Do In a Low or No Inventory Market
Throughout the Puget Sound and other markets in the US are currently suffering from record low inventory with no signs of relief in sight. If this sounds like a challenge in your market, you might have to change your business strategy.
Many real estate agents from across the country are expressing great frustration over the low inventory numbers … (1 comments)
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home buying: 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)
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home buying: How long does the home buying process take?
- 01/13/17 07:10 AM
How long does the home buying process take, is a pertinent Active Rain published blog that is relevant to Real Estate. Scroll down to see the reblog.
Many buyers, especially first time buyers wonder how long the home purchase process will take and what is involved. While the length of time it takes to find the home you want to offer on varies (usually a few weeks to a few months), the home purchase process on the average sale runs about 45-60 days (faster if you are purchasing cash and no mortgage process is involved). After getting past negotiations and … (3 comments)
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home buying: Five Home Buying Steps
- 01/12/17 07:52 AM
Review уоur сrеdіt – If уоu need tо аррlу for a mоrtgаgе tо purchase a hоuѕе, thеn make ѕurе to rеvіеw уоur credit аnd сhесk іf your сrеdіt ѕсоrе is gооd еnоugh tо get уоu аррrоvеd fоr the lоаn. Sometimes, уоu mау get thе mortgage еvеn wіth a bаd credit ѕсоrе but nоt аt suitable tеrmѕ. Fоr instance, уоu mау bе rеԛuіrеd tо рау hіghеr іntеrеѕt rate fоr the lоаn that уоu gеt аррrоvеd for. So, іf rеԛuіrеd іt іѕ аdvіѕаblе tо rаіѕе уоur сrеdіt ѕсоrе before jumріng іntо the рrосеѕѕ оf hоmе buying. Mаkе a сlеаr fіnаnсіаl рlаn – Obtаіnіng … (5 comments)
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home buying: 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)
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home buying: Pending Home Sales on an Upswing
- 01/18/16 12:14 AM
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)
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home buying: 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)
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home buying: Why prefer a condo?
- 11/15/15 11:58 PM
There are many types of condominiums. Some condos look like houses or townhouses; most look like high-rises or garden-style apartments. Even though a condo can look look like a townhouse or house, owning a condo differs from owing a fee simple property in many ways. There are aspects of condo living that some may view as advantages or disadvantages, and you should be aware of these before you buy.
Here are a few basic benefits and considerations of condo living to help you make your decision.
The CityBusy folk who love being close to the action often choose a condominium because condo … (0 comments)
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home buying: Are you planning to buy or rent a home built before 1978?
- 10/05/15 07:26 AM
Many houses and apartments built before 1978 have paint that contains lead (called lead-based paint). Lead-based paint is perfectly safe when treated properly, but lead from paint, chips, and dust can pose serious health hazards if not taken care of properly. Lead is especially dangerous when ingested. Lead poses a greater risk to small children who might ingest paint chips.
Recognizing that families have a right to know about lead-based paint and potential lead hazards in their homes, Congress directed EPA and HUD to work together to develop disclosure requirements for sales and leases of older housing. These requirements became effective in … (6 comments)
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home buying: How can a buyer determine the value of a property, during a purchase?
- 09/28/15 05:25 AM
Licensed real estate agents can provide you with a competitive market analysis, this is based on:
Comparable properties in the area Adjustments for differences in size and condition of the property Differences based on location or the sale/rental date of the property While real estate prices are fluid and certainly open to negotiation there are very real trends that affect not only the housing market as a whole, but localized areas as well. This can include everything from:
New construction Zoning changes Condemned properties Traffic pattern changes It is important to remember when assessing property that there are three factors that … (2 comments)
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home buying: What type of dwelling do I want to buy?
- 11/11/14 10:23 PM
To start a home search, beginning with a certain type can narrow results. For example, selecting a townhome moves towards different features than a garden style condominium, such as a townhomes potential for cozy levels and easier to maintain grounds than that of a Belle Haven property. On a different end of the spectrum is a luxury high rise which can boast scenic views of the surrounding landscapes.
Preferences can play a big role in finding a home that correctly aligns with the occupants lifestyle, such as that of a metro commuting corporate employee seeking a moderate Montebello dwelling versus … (10 comments)
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home buying: Welcome to Arlandria
- 09/22/14 12:25 AM
At the boundary of Arlington and Alexandria
Arlandria straddles the border between Arlington and Alexandria VA.
Much of Arlandria was developed between 1940 and 1980, although some homes and structures are newer or older than this. This area was originally a neighborhood who residents worked in the industrial areas near Potomac Yards train center and nearby industries in Old Town and Crystal City.
Arlandria is a community with lots of shopping and dining options. Additionally, Arlandria is close to Crystal City and Del Ray. A nice feature to Arlandria is the metropolitan surroundings.
… (9 comments)
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home buying: What is Your Seller Looking For in an Offer?
- 04/25/14 01:16 AM
What is your seller looking for in an offer, is an interesting article that can add some perspective to the home buying process. For more specific information about what a seller is looking for in an offer, continue reading below.
As the Spring real estate market begins to heat up we are seeing more and more multiple offers. As you are reviewing offers, do you know what your seller is looking for in an offer?
It's All About the Money When you think about what the seller is looking for, the first thing that comes to mind is price. Most … (3 comments)
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home buying: Where do Buyers Begin the home Buying Process?
- 04/18/14 04:17 AM
Where do buyers begin the home buying process, is an interesting article that potential buyers might find useful. For more specific information about beginning the home buying process, continue reading below.
When Buyers are deciding they want to start the process, they often ask, "where do I begin?" We generally suggest that you meet with a lender if you intend to finance a portion of the sales price then get on line and start looking at homes.
Your best property search tool is the entire MLS by the Melvin-Peters Team (702) 900-1238. A powerful search site for … (1 comments)
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home buying: What is a Realtor?
- 04/14/14 12:36 AM
Julie Nesbitt
One of the most complex and significant financial events in peoples’ lives is the purchase or sale of real estate, be it a house, condo, townhouse or some other investment property. Because of this complexity and significance, people typically seek the help of real estate brokers and sales agents when buying or selling real estate.
Nesbitt Realty brokers and sales agents have a thorough knowledge of the real estate market in Northern Virginia communities. Our brokers and agents know which neighborhoods will best fit our clients’ needs and budgets. Nesbitt Realty real estate agents are familiar with local zoning … (0 comments)
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home buying: Top Home-Selling Mistakes You Should Avoid
- 04/07/14 11:59 PM
Top home selling mistakes you should avoid, is an interesting article that can help potential sellers avoid head aches and frustration during the home selling process. For more specific information about home selling mistakes to avoid, continue reading below.
Selling a house is a complicated process, no matter how good the real estate market is. Whether you’re a first-time home seller or not, you’ll probably have a bunch of questions how to sell it effectively and you might also have mistakes in the process. Here are the top mistakes of home selling according to the real estate experts:
1. Overpriced Home - … (3 comments)
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home buying: What are the Advantages of Homeownership?
- 03/25/14 01:40 AM
Of course as a homeowner you’ll be responsible for maintenance and repairs on the house. As a condo owner, many of these responsibilities are handled by the condo association. Either way, you’re the type of person who has taken charge of his or her life. You can paint your wall any color you want. You don’t need your landlord’s permission to get a pet. Fred
As a homeowner you’re more likely to be a part of the neighborhood watch and the garden club. According to some studies, home owners are more likely to vote, and more likely to participate in local … (5 comments)
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home buying: This House Doesn't Look Like the Pictures Online
- 02/05/14 03:23 AM
This house doesn't look like the pictures online, is an interesting article that offers insight on the home buying process. For more specific details, continue reading below.
"This house doesn't look like the online pictures."
I've heard this before.
While out showing houses for sale, I pulled up to a house and thought I must be at the wrong property.
"Is this it?' Are you sure?" the buyer prodded.
We checked the street sign and the house number. They matched the listing.
We checked the company and agent name on the for sale. It matched the listing.
But, the outside picture … (0 comments)
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home buying: What is a “flash sale”?
- 05/17/13 12:20 AM
Belle View condos is one of many areas in Northern VA that are currently “hot”.
Some housing markets are heating up so much that homes are selling in less than 24 hours—also known as a “flash sale.” I recently had a client that was caught in a torrent of flash sales. She put in offers on several homes that were sold in one day at prices that equaled or exceeded the list price. Her purchase was a flash sale: she made an offer on the day that the property was listed.
Hi-Tech Hometown Home Sales! We sell homes, townhouses … (3 comments)
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Searching for a home is becoming easier every day with more access to web sites across the country Realtor.com is the king of real estate listings. There are real estate company sites such as nesbittrealty.com where you can access the local affiliates and all their listings in Northern Virginia. Or a little back door play is to go to the state board of realtors where they list all the local realtor boards and the local MLS sites.
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