how to buy a home in old town alexandria: Cash is King - Except When It's Not
- 10/03/17 05:30 AM
Certain areas and certain price points of the Alexandria, VA housing market are pretty hot right now. Inventory is tight, buyers are plentiful and if you're trying to get into a property in the $500,000 - 700,000 price point right now in Old Town Alexandria that is in decent condition and priced properly, well, you can count on competition. Lately, on average, we are seeing no fewer than 3 offers and typically around 6 offers in this price point. Under other circumstances, a cash offer and a quick closing, with no appraisal contingency, is usually very attractive and may even mean the buyer can offer a little (54 comments)