Good afternoon! Do you have specific questions about home selling? I am happy to help in any way that I can. You can call me at 703-307-3449 or email me at JohnGinty@kw.com. I look forward to helping you.
Keller Williams Capital Properties
It's the best time to purchase a home now because of the following reasons: (a) interest rates are very low; (b) there are still plenty of foreclosures and short sale homes on the market, making it a buyer's market; and (c) home prices are still very low. If you will be living in the home for 3-5 years only, you would be able to write off your closing costs within that time frame and take advantage of the mortgage interest deductions on your yearly tax returns (Please consult an accountant or a tax advisor on how to do both of these). Because of the combination of these factors, your mortgage payments may (possibly) be lower than rent payments. Hopefully, the market will continue to improve while you are living at the home and you can build enough equity, which will offset your selling costs, at the end of 5 years. I will be more than happy to create a free account for you at my website: www.livinginfairfaxcounty.com, so you can browse available homes in VA, or you may simply call me at 703-269-8706 if you have any other questions.... more
I would not want the LISTING AGENT to be present when I showed my Clients a house; Never!
It is my responsibility to pre-view the property and to know what I am talking about. If I haven't done research on the Listing, the History, the Ownership, the Taxes, the Comps, as well as the layout of the house, then I don't deserve to make the sale!
The Listing Agent has not lived in the house, will not disclose anything pertain, and will only muddy the waters and possibly try to steal my client.
That columnist should stick to what he knows, and Real Estate ain't it.... more
I'm sure your lease language spells out all the rights you have. If you find no help in the lease, look to the management company for sympathy. Be prepared to prove actual issues you have, like children, safety, loss of elec. or other issues. I think some management companies will help with some issues, but actually reducing your fees, probably not.... more
It sounds like your seller is in default. You would have to talk to an attorney about your contract. The only recourse would probably be through legal action. At this point, since the damages to you sound minimal, I would pursue means to getting it closed amicably rather than going right to legal threats. If that didn't work and based on your attorney's advice, legal action would be next if you wanted to pursue that route. You would probably be seeking "specific performance" which means you want the seller to complete the contract.... more
You should first have your listing agent complete a breker price opinion, use the most similar solds in the last 3 months and the most similar homes currently listed. They should then adjust for size, condition and any amenties you have or dont have that the comps do or dont have. this will show you what the market value for your home is. your price should be at or just below market value.
Please see my blog with advice on tips when it is time to lower the price of your home... more
Buying a Short Sale is a good idea. You are able to purchase a property at market vaule or sometimes 10% below market value. many people are not selling their homes right now because the values are low. Many times the only options for a buyer is a short sale or a foreclosure. The only catch is that short sales take a long time to process because the bank has to give its approval to accept an offer for less than is currently owed on it. The bank response time ranges from 6 weeks to 9 months. If you find the perfect house and you have time to wait. There is nothing wrong with a short sale.... more
That's a question that should be spelled out in fairly plain English in your contract. If you have any questions about issues like this, you really need to speak with a real estate attorney.
It all depends on how your contract was written and only an attorney is qualified to interpret that contract.
Hope this was helpful.
I have lived and worked in the Centreville area for over 10 years. As well, I am also a board member of the Centreville Community Foundation so I might be a bit bias however; I believe Centreville is a wonderful place to live. It's a area with a foundation in History and a strong focus on the Future. In Centreville, you'll find one of the oldest communities in Fairfax county. Because it's located on a high ridge, residents have appreciated "one of the best mountain prospects in the Commonwealth.
Over the past several years, Centreville has become an International Crossroads and has a rich diversity of cultures, food, and entertainment. The businesses are flourishing, Schools are great, and the community is thriving. We have great restaurants, clubs, fitness gyms, improved access to 66, 28, and 29, and more. I'm proud to live and work in Centreville and I hope you find the community a great place for you!... more