vicky chrisner: IN SEARCH OF: Homes wanted in Fairfax and Loudoun County - 05/24/13 04:25 AM
“IN SEARCH OF… Buyer Needs” is a weekly post listing the types of properties my clients are looking for…. If you own property like this, please reach out to me.
Today is Friday, May 17th, and I have clients in search of the following types of properties….
Rental Investment Properties: I am working with multiple investors who are looking to purchase homes in the Dulles region (Fairfax/Loudoun Counties) to be used as long term rentals. They would find homes that are already occupied with great tenants to be of particular interest. Any property where the “numbers work” would be considered, but … (0 comments)

vicky chrisner: What a (Good) Buyers Agent Does - 05/23/13 10:50 AM
Filing this post under “What a Good Buyers Agent Does”…. because, well, let me tell you…
A listing came on the market today, I wasn’t watching for it, but WOW. What a potential opportunity. A house in an existing community in Leesburg is for sale – hundreds of thousands of dollars below “retail” price. Granted, it’s a shell – no drywall, appliances, cabinets, flooring… but still. I call a client who is a builder. He’s interested. (I had others to call if he wasn’t, but he is.)
I called the listing agent… she said she’s not sure of the history because … (2 comments)

vicky chrisner: Storm Preparedness: Frankenstorm Is Headed To Northern Virginia - 10/26/12 12:28 PM
FRANKENSTORM is what the media has begun calling a storm that is predicted to hit our area early next week. Well, actually, I think it is 2 storms that may converge, right before Halloween… thus the name.
I don’t know what will really happen, nor do the forecasters, but the media hype is creating a great deal of anxiety, especially among people who aren’t use to this area and have no idea what to expect. To those of you who are freaking out, I say: “Relax”. Pretty often these things change course or fizzle out. Very often it is much ado … (0 comments)

vicky chrisner: Types of Real Estate Investments - 09/17/12 11:34 PM
There are lots of different “types” of real estate investments. You can invest in land for long term hold, commercial property and so on. However, since I am primarily a residential REALTOR, this post is about different types of residential real estate investing.
The first time I learned about real estate investing I was 4. My dad had built 4 houses for a developer on Vale Road in Oakton. The market was terrible and when he was done, the builder owed him about $70,000. But he could not pay because he could not sell the houses. Eventually, he came to my … (0 comments)

vicky chrisner: Bubble Gum Saves The Day - 09/01/12 06:42 AM
Maybe bubble gum can’t solve all the problems in the world, but it sure saved my day on Friday!
You see, I was waiting on a client to arrive for a scheduled showing. I had the key already out of the lockbox, sitting on a piece of paper, while I fidgeted with the radio. I bumped the paper, the key slid to the passenger side floor board. I reached over to get it and accidentally pushed it out of my reach. Ugh.
I got out and walked to the other side of the car so I could get a better angle. … (41 comments)

vicky chrisner: How Can I Buy A House When I Still Need To Sell The One I Have? - 06/14/12 01:09 PM
A consumer asked me... "If I have a house I need to sell before I can buy another home, how can I do it? What comes first?"
It's sort of like the chicken and the egg conundrum.
In a buyers market, a buyer may be able to negotiate with a seller to enter into a contract that is contingent on the buyer selling their own home (this is called a home sale contingency). In these cases, though, it presents a risk to the seller, and their agent will help them to evaluate that risk so they can decide if they … (1 comments)

vicky chrisner: As the Market Recovers, Appraisals Lag Behind - 06/02/12 12:27 PM
Today as I was discussing an appraisal issue with a couple of fellow practioners, I learned that appraisals are suddenly becoming more of an issue.  And, unlike a year ago, it's not really because appraisers that don't know the market place, but more because of the market changes.  A year ago, 6 months ago, we had a lot more distress sales in the market....and the "traditional" sellers had to compete with the distress sales in order to be able to sell.  But for the past 6 months things have been absolutely ROCKING and there has been upward pressure on sales prices... … (1 comments)

vicky chrisner: Can I Have More Than One Agent? - 06/01/12 01:52 PM
A Consumer Asked: Can I have more than one agent?
Hmm... The short answer: Maybe, but not if you're *my* client.
But let's back up a bit. When you begin working with an agent, there's an important discussion that should be had - right up front. It's about the difference between being a client and a customer. (Yes, there is a legal difference.) If it's determined that you will hire that agent to be your agent, then you will likely be asked to hire them exclusively. This means you will be asked to pledge your loyalty (in writing via a contract … (1 comments)

vicky chrisner: Breaking News: RESPA, NAR, Quicken and Brokerage Admin Fees - 05/31/12 01:06 PM
RESPA, RESPA, RESPA...What is it anyway? The web site explains: " The Real Estate Settlement Procedures Act (RESPA) insures that consumers throughout the nation are provided with more helpful information about the cost of the mortgage settlement and protected from unnecessarily high settlement charges caused by certain abusive practices. "
Among other things, this law has a prohibition against "unearned fees" being charged by settlement service providers to the consumer. Settlement service providers are real estate brokers, lenders, closing companies, surveyors, pest control companies, home warranty companies and almost any party whose charges show up on the HUD-1 Settlement Statement.

vicky chrisner: SOLD! Subdivision in Leesburg, VA - 05/29/12 10:24 AM

vicky chrisner: Hidden Costs in Home Buying - New vs. Resale - 05/28/12 08:35 AM
Today I received an email from Toll Brothers linking to a blog about why you should buy a new home rather than a resale.... and they make a few points; but they miss a lot of points. "A" for effort! Hopefully the consumers reading the blog don't actually think about what it says - or doesn't say.
In this sheet, Toll Brothers gives you expected life expectancies of varying systems in homes, and their approximation of replacement cost. Generally speaking, they are right on about the average life expectancies. According to the estimate, over a 25 year span you could be … (6 comments)

vicky chrisner: What, No Cookies? - 05/23/12 10:52 PM
I have been working with some buyers for several months... We have looked, and looked, and looked at homes.... Foreclosures, Short Sales, Vacant Homes, Model Homes, you name it. From the time we first entered a model home, the client commented "What, no cookies?" It's true... gone are the days where you can count on getting fresh baked Otis Spunkmeyer cookies at any model home.
This became the joke... Every house we went in, someone would comment "It's nice, but there are no cookies." Or something like that. Earlier this week, I showed them 2 homes that they really really liked, … (4 comments)

vicky chrisner: 31 Lot Subdivision For Sale, Round Hill (Loudoun County VA) - 05/22/12 12:53 AM

vicky chrisner: Northern Virginia Regional Market Statistics - 05/17/12 03:47 AM
This information, and much more, is available on my web site at and is updated regularly, so for the latest and greatest info, be sure and check out my site. HOW MUCH INVENTORY IS THERE? The real estate market is really all about "Supply and Demand", so to understand the market the first question is: How much inventory is there? In other words, how many homes are currently being marketed for sale in our area? This chart gives you the 5 year historical data on inventory levels in our Northern Virginia area: PRICING TRENDS & FACTORS: When inventory is high, … (0 comments)

vicky chrisner: Seasonal Sales Trends in Fairfax County - 04/02/11 09:55 AM
The charts below clearly show seasonal home sales trends in Fairfax County.  In our area, it is widely thought that spring and summer have the highest months of sales.. but have you ever seen statistical data to back that up?  You asked, and now you receive.  The chart below (green) shows the number of sales by month in Fairfax County: June is pretty consistently one of the months with the highest number of sales, and usually May and July are also pretty strong.  But, sellers sometimes fail to recognize that means they must have been on the market for 30-45 days before then... THAT … (0 comments)

vicky chrisner: It's Taste Test Tuesday (Which House Do You Prefer) - 03/29/11 02:06 PM
It's Taste Test Tuesday! OK, I will admit that I am stealing the "game" from, but I liked it.  Every Tuesday I will post pictures of 2 or more homes and ask for your favorite.  I might shake it up a bit just for variety, but in this case, I have posted 2 pictures of Single Family Homes, both in Loudoun County, both currently for sale, and both priced the same.  So, which do you like?  Like "The Real Estate Whisperer" on Facebook and let us know!! Tomorrow, I will post details on the facebook page, and you'll learn the … (0 comments)

vicky chrisner: Sales Analysis for Stratford Club (Condos in Leesburg, VA) - 01/16/11 12:24 PM
Thinking of selling your condo in Stratford Club in Leesburg, VA?  Here's a little info you may find helpful. First, a little background.  Stratford Club was a rental apartment community.  Toll Brothers purchased the community at the height of the market to do condo conversions.  They struggled like everyone else, and have rented many of the condos to keep some cash flow, prolonging the sales phase.  So, if you're planning to sell today you are still competing with the Toll Brothers sales office. What's interesting is that converted condos have probably been lived in as rentals post conversion, and if not, they were … (0 comments)

vicky chrisner: January 2011, Mortgage Rates, Update - 01/10/11 12:45 PM
Mortgage rates are inching up but remain historically low. This trend continues to support home buying as it translates to significant savings for buyers. As overall economic recovery remains on track, rates are expected to rise to keep inflation in check. 30 year fixed 4.77% 15 year fixed 4.13% 5/1-year ARM 3.75% 30 year average for a 30 year fixed rate mortgage 8.9% Source: Freddie Mac, Rates as of Jan 7. PREDICTIONS: The Mortage Bankers Association is predicting that rates will inch up throughout the year; predicting that rates will be 1% higher in a year. WHY THIS MATTERS:  A 1% … (0 comments)

vicky chrisner: Loudoun is Alive With Music! - 06/29/10 03:13 PM
This summer's gonna be "hot-hot-hot"!  But wherever you are in Loudoun, there's sure to be cool music playing. Check out this list of outdoor music series offered throughout the county.ThursdaysBRAMBLETON'S SUMMER SIZZLIN CONCERTSLocation: BrambletonLive concerts bi-weekly on Thursdays, Jul 1- Aug 26Cost: FREE SOUNDS OF SUMMER SERIES Location: Lansdowne Resort, Leesburg, VALive evening concerts every Friday starting June 18thCost: FREE MUSIC SERIES BY COCA-COLALocation: Leesburg Premium Outlet Mall, Leesburg, VALive concerts 6 different Saturday afternoons (check schedule), June 12 to Aug 28Cost: FREE ON THE GREENLocation: Town Green, Historic Leesburg (25 West Market Street)Live concerts Saturday evenings June 12-August 28Cost: FREE … (2 comments)

vicky chrisner: Facebook is My BEST Friend - 03/13/10 03:11 AM
Facebook has quickly become my best friend. I vent to it, I tell it what I am doing, I tell it what I think is interesting, and I joke with it.  In exchange, it consoles me, encourages and inspires me, teaches me things, and makes me laugh.   I have reconnected with long lost friends.  I stay in contact with friends I never seem to be able to "connect" with, because of differences in our schedules.  I even make new friends and business connections. I like it so much that I currently have 3 pages.... My profile, where you will read things … (3 comments)

Vicky Chrisner (Fieldstone Real Estate) Rainmaker large

Vicky Chrisner

Leesburg, VA

More about me…

Fieldstone Real Estate

Address: Loudoun County, VA

Office: (703) 669-3142

Mobile: (703) 728-5766

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A simple little blog to share what I learn with fellow Active Rainers and real estate consumers.




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