As home prices rise in the Washington DC real estate market; appraisals don’t always catch up as quickly; and can cause a huge snag in the middle of the real estate transaction. Buyers in DC are seeing a much lower inventory of homes for sale; and basic supply-demand economics have prices creeping up. Once that…
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Now most home sellers would be thrilled with just one offer, let alone multiple ones at the same time. This is however happening more and more in the DC market, as the inventory of great properties stays at a multi-year low. So what are some things to consider if there are multiple offers? -Look at…
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Well as I drove in to the office today I noticed that EVERYONE seems that they are now back to work. DC traffic was back to it’s obnoixous self. Now that the Holidays are gone and people are already breaking those New Year’s resolutions; the Real Estate market is too waking up after what is…
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Many home buyers and sellers like to use Zillow in order to set a price for the home they are buying or selling. I have seen more and more buyers and sellers trying to heavily rely on Zillow to determine market value. Now; this is not to speak poorly of Zillow. I do think they…
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This is probably one of the most common questions asked of any Real Estate agent; especially from a seller looking to sell their home. It seems like a simple question and with a bit of research; easy to answer. In fact I had a very nice seller tell me last week; “This house is easy…
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Sunday I tried to show a property. I called; made the appointment and the showing service gave me the combination code. So we drive to the property and the lockbox would not open. I figured I wrote down the wrong number; so I called the showing service to ask for the combination. Well it turns…
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I KNOW what a pain selling a home can be. I sold my home last year and bought a new one. I KNOW what a pain showing your home can be. BUT… if you want to sell – FLEXIBILITY is KEY ! Plans change. People change their minds. Homes sell. So when a buyer decided…
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It happens all the time – and owners of condo buildings do not realize how it impacts them! I recently came across a huge sign in the hallway of the condo building. ”NOTICE: Due the unusually high number of late payments; the condo board will be increasing the condo fees and doubling the late payments”….
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Your house is no longer your home – it’s a house – a “product” for sale. There are two ways you live in a house: when you LIVE in your home and when you simple OWN IT and are selling it. When a homeowner gets ready to sell; there are several important things they must…
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Caution to all Home Sellers. Do you really know your agent is telling the whole truth? Last week I called a local Realtor to ask about getting the property disclosures for the property. Our client was ready to make an offer. It was great property and he was ready for a strong offer; no playing…
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