seller information: Don't miss the Spring Real Estate Market in Prince William County VA - 12/27/17 08:05 AM
Timing the real estate market here in Prince William County Virginia  is tough....especially if you have a home to sell. 
Your success will depend on how much planning went into your desire to Sell an Buy a new place and if you hire a skilled local real estate agent to help you coordinate everything.
The reasons:
Most builders are quoating a six month build time or longer. Most reocating buyers use their Spring Break to House Hunt. If  New Home Builders will consider a Contingent Contract for you to sell your home, it is only for 30 days.  Most lenders only allow up … (1 comments)

seller information: Woodbridge VA homeowners made the decision to downsize... - 12/16/16 05:23 PM
It was April 2016  when I received a call from some homeowners who lived in Woodbridge Virginia.
When I met with them, I learned that they wanted to downsize and buy a smaller main level living home.
It was time, to say goodbye to yard work, and start enjoying the good life of being retired and living in a 55+ community.
Like most homeowners we meet with the task seemed overwhelming and a daunting task.
Patty and I worked with them to formulate a plan that would work for their wants, needs and desires.
Step #1- in their case was  to  make a plan and … (3 comments)

seller information: Success Story - One Year Update on Homeowners who were upside down - 12/07/16 08:41 AM
About a year ago, I helped some sellers who were upside down on their home, ten years after the local Prince William County VA home values imploded. 
The Woodbridge Virginia couple  were tens of thousands upside down on their mortgage. When I did the sellers estimated cost to sell with REALTOR® fee's and normal selling costs and the situation was UGLY!
Selling For Sale By Owner to help defer some on the costs was not an option. They were busy professionals who had little free time and had no clue how to market their home or even negotiate and offer and everything else that … (3 comments)

seller information: What homes get the most money when selling? Do you know? - 10/01/16 10:26 PM
I have a been a REALTOR® for two and half decades in the Woodbridge Virginia area. I can tell you all homes sell when they are priced right.
Your Listing Agents job is to help you price your home to Fair Market Contion. We do this by looking at all the recent closed sales within a mile or so of your home. This is exactly what appraisers look at to formuate value. Remember if a home does not appraise, most buyers will walk.
Your REALTOR® of choice will coach and guide you on how best to price the home, stage the home, and will … (3 comments)

seller information: A huge downsizing pitfall and how to avoid it. - 05/01/16 09:08 AM
Today's blog is for anyone who lives in the Prince William County Virginia area. The story is about a couple who were downsizing from a large single family home into a 55+ community.
A  few months back some folks called us to list and sell their home. We met, we listed their home, began our marketing blitz and we were able to present them with mulitple offers within a week or so of listing.  During negotiations we also negotiated for the owners to stay after settlement for up to sixty days if needed.
The reason we did that, is because the owners had already been under … (1 comments)

seller information: Homes are selling quick and inventory is still lagging behind. - 03/22/16 01:18 AM
All of our listings are Under Contract or Sold. As you can imagine our sellers are thrilled.
That good news for you if you have a home to sell that you are getting ready to list. We  have "Marketing Dollars" waiting to be spent on your home.
Did you know that in many price points in Prince William County Virginia are experiencing a Sellers Market.
You may  thinking. What is a sellers market?
"Simply put, a sellers market is when demand is higher than supply. Meaning you a seller may get multiple offers, better selling terms and we may be able to negotiate … (1 comments)

seller information: A Snapshot of when to list your home in Lake Ridge Virginia - 01/28/16 09:36 PM
This time of year many homeowners who are thinking of selling wonder when is the best time to list our home.
Well the answer to that all depends on your goals.
Where are going? Are you planning on buying a new home or a resale home? Do you need to coordinate the sale of your home with a particluar date? What I can share with you is this. As a local real estate professional I base the information on historical data, current inventory levels, available new home inventory and last but not the least how long it is going to … (2 comments)

seller information: Information Lake Ridge Virginia Homeowners Need To Know... - 08/18/15 09:25 PM
If you live in the Lake Ridge Virginia area and are thinking of selling your home soon, then there is something you need to know.
The local real estate market inventory is climbing.
Market Update for Single Family Homes in the 22192 zip code area:
Only Eight (8) Single Family resale homes received offers since August 1st,2015. With over 148 Single Family Homes to choose from that means "Opportunity and Choices!" for home-buyers.  
The knee jerk reaction most sellers  have is why now? When I want to sell.

There are several reasons: 
Move-up Buyers are not able to buy.Why? Over the past six or seven … (0 comments)

seller information: Lake Ridge Virginia Real Estate Market Update Heading into Summer - 07/02/15 09:03 AM
The other day I was at the local Giant Food in Lake Ridge and the cashier asked "How's the real estate market theses days." I said pretty good, although interest rates are starting to eek up a bit. I think might catch some people by surprise after the summer is over.
Just a quarter point hike can make a big difference in what a first time buyer can qualify for.
Appraisals are coming in good. That said homes that are priced well and show nice sell fast.
Here are the stats:
If you  are curious what your Lake Ridge Virginia home would sell for now. … (0 comments)

seller information: Selling a Home With a High Loan Balance is a Nail Biter Transaction - 04/14/15 08:42 PM
Not every homeowner who has a high loan balance is willing to sell short.    Some are making the decision to "Write a check at closing!" 
I've had homeowners who received as little at $44.00 when they handed over the keys to the new owner and then I have had some that have written checks up to $25,000.    Can you even imagine how stressful a real estate settlement like that can be?   Well it can be very stressful.  First the seller sets the price and hope the market accepts the condition and price. Next is the inspection process. Anything unexpected can derail the … (4 comments)

seller information: What do you do if you must sell your home VACANT.. - 03/30/15 09:13 PM
You know you are going to be moving soon.
Your home will be VACANT during the selling period.
You fear the expenses will add up fast.(Utilities, HOA fee's, taxes,mortgage payments, cleaning lady and now lawn care)
You know the condition is good. Everyone says it is a great house.
You are not willing to stage the house. You cannot afford that right expense
You are willing to clean it, move everything out and hire a cleaning lady.
You can't change the location, it is what it is.
You are not willing to make any changes in the house. You have to … (2 comments)

seller information: Virtual Showings versus Physical Showings... - 02/28/15 11:59 PM
Virtual Showings are all the clicks and views and forwards we can tract online.
Physical Showing is actual foot traffic that cross the sellers threshold to take a look at the home in person.
Real estate agents with systems in place can tract this information and help the seller decide how best to proceed with marketing their home For Sale.
In today's online world, consumers can view homes For Sale on all the major portals, such as Zillow, Realtor dot com, Homesnap, Redfin, Truila, Mobile Apps and so on.
In the old days twenty years ago. Listing agents had to  rely … (0 comments)

seller information: Should a Home Seller "Test The Market?" - 02/26/15 12:04 AM
When  you call me to talk about selling your Lake Ridge or Woodbridge Virginia home, I first take a look at the condition.

Just know prior to my arrival I have done a lot of research. Even though I know the market well. I want to double check what homes have recently sold ( we call this the historical information) then I look at the Active Listings, as well as the Under Contract Information and the Withdrawal information.
Historical Information - comparable sales of similar homes over the past three to six months nearby
Active Information- these are homes that … (0 comments)

seller information: Do better websites attract more buyers to your home? - 11/14/14 08:08 AM
Received a call from a homeowner I had met a few weeks ago during  a listing appointment.
She said " Peggy, I want to thank you for all your time and suggestions, however my husband has decided to list with another real estate company"
My response was this: As a homeowner you have many Real Estate professionals to choose from. May I ask what made  your decision since I was personally referred to you as a very good agent. One who helped a personal friend of yours sell their luxury home. She explained. My husband has done a lot of research online and … (9 comments)

seller information: You have decided you want to buy another home... - 11/06/14 04:31 AM
You have decided you want to buy another home.
The home you have now is not working for you anymore for whatever reason.
The very first step is to get Pre-approved for a home loan!
This is the step you take before contacting a REALTOR or accepting your new position in a new area across the country.
Why? Because you must know what is possible.
Find out if you must sell your home before you purchase another home.
If the answer is you do not need to sell first,move forward. 
Hire a REALTOR to help you negotiate for a … (0 comments)

seller information: You've heard the ads, and seen the signs " We buy your home fast" - 10/21/14 11:14 PM
You've heard the ads, and seen the signs on the street corners that say " We buy your home fast"
Close in seven days.
The other day, a homeowner I met with, asked me about this service and how does it work. The homeowner is exactly who these people are hoping to attract. Folks that owe nothing on their home. The home needs  updating to bring it into today's times and they have no clue what the home would sell for in today's real estate market.
The owners asked. Is this a service we should consider?
So I said.  Let me help you explore all … (3 comments)

seller information: A big shout out to Lake Ridge Virginia Town House Owners - 09/22/14 02:00 AM
Do you own a townhouse that is 10 Years or younger?
Have you ever thought of selling? 
Well right now in Lake Ridge Virginia there is a shortage of town houses for sale that are less than ten years old. First time buyers are seareching for a home just like yours. If you have a three finished level townhouse with a walkout basement, deck and a fenced yard  in Lake Ridge, Old Bridge Estates, Ridgeleigh, Westridge or The Glen we want to hear from you.

Resale inventory is very low. When inventory is LOW you have a chance of "getting … (2 comments)

seller information: Should you consider selling For Sale By Owner in Woodbridge Virginia? - 08/04/14 01:47 AM
You've Been Thinking About Selling Your Home For Sale By Owner
You want to sell your home for the most money.
We get it.  
Below is Vital Information You Need to Sell For Sale By Owner
You want to sell your home yourself for a variety of reasons: you don't want to pay a Realtor® commission;you had a bad experience in the past; you do not have enough equity to sell with a Realtor; you want more control over how your home will be marketed and advertised; you don't trust the process; you had luck in early 2000's and avoided … (11 comments)

seller information: Selling your home, learning what's possible starts with a phone call - 04/09/14 02:22 AM
Selling your home in the Woodbridge Virginia and surrounding area doesn't have to be difficult.
Learning what's possible simply starts with a phone call.
Below I explain more about the selling process, and how I can help you.

Your need to sell a home can happen when you least expect it. There are so many life altering situations that can prompt someone to sell a home.
New promotion A relocation on the horizon You've outgrown your home PCS Orders to a new duty station It's time to downsize Your tired of being a landlord You're getting a divorce You inherited a property … (0 comments)

seller information: Peggy, I want to list my home high. Are you willing to do that? - 03/13/14 09:35 PM
This weeks caller said. I want to list my house higher so that when a person makes an offer. I can negotiate and get close to what I want.
That is an option, however not one that I typically recommend.
Here is why:
Home buyers today are savvy and can immediately spot a home that is overpriced. Chances are great, no matter how nice your home is, you will not get an offer.  The sad truth is real estate market doesn't care what you want. That said your timing and condition will tell me is that is even remotely possible If your … (4 comments)

Peggy  James, Woodbridge Virginia Area Real Estate Specialist (EXIT Realty Associates) Rainmaker large

Peggy James

Woodbridge Virginia Area Real Estate Specialist

Woodbridge, VA

More about me…

EXIT Realty Associates

Address: Twins Selling Real Estate- EXIT Realty Associates, 8998C Lorton Station Blvd, Lorton , VA, 22079

Mobile: (703) 851-3085

Email Me

Peggy James has been awarded as a Top Local Real Estate Blogger by Active Rain for the Lake Ridge Virginia and surrounding area.Peggy services the area's Lorton, Woodbridge, Lake Ridge, Dumfries and Manassas down to Fredericksburg Virginia.




RSS 2.0 Feed for this blog