Will Nesbitt

"Northern Virginia's Condo Expert"
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Will Nesbitt,  in Alexandria
  • 66 Answers
  • 1 Best Answer
  • 9 First Answers
  • 2 Useful Answers
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About Me
Will is the driving force behind Condo 1 of Alexandria. He is licensed in Virginia and Maryland, but focuses on those communities found near Old Town Alexandria, New Alexandria, Fort Hunt, Huntington, Mount Vernon and Landmark.

Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with Condo 1 of Alexandria.

Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and currently helps organize the Alexandria Gamer Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's.
My Q&A View all >>
Will Nesbitt's Questions (1)
Will Nesbitt's Answers (66)
Will Nesbitt answered:
I would agree that the next step is legal. But one step before that is an open letter to the board. The letter should state your position and should include copies of all permissions and approvals. Lastly the letter should warn that if the condo board chooses to pursue this path you will seek legal counsel and that is not good for anyone. - Thu Nov 13 2008, 03:39
Will Nesbitt answered:
I've not had a bit of problem with them, but I'm dealing with condos in Virginia. - Thu Nov 13 2008, 03:37

HOA fees

Will Nesbitt answered:
Sarah, I can make a few suggestions, but are you sure you want a lower HOA?

The condo fees are used to pay for maintenance and upkeep and in many cases the condo fees pay for some or all utilities. If your association has very low fees, it could spell disaster down the road when the association doesn't have enough money for new windows or a new roof. You might want to check out my blog post called "Location, Location ... Association!"

http://www.trulia.com/blog/will_nesbitt/2008/09/location_loc… - Mon Nov 3 2008, 05:02
Will Nesbitt answered:
You're safe ...

if you can afford your condo.

If you can't afford it, you'll need to get lucky for the market to bail you out. A lot of people at the tail end of the bubble (like all bubbles) paid too much because they thought things would keep going up. They found out the truth. Real estate usually goes up. It almost always goes up in value. But it doesn't ALWAYS go up.

Three years down the road you'll have options. You can rent your place out or you can sell it. Most likely you'll do a little better than break even. (Which means that you got the tax savings over the years of residence.) You bought in a great area. I'm sure you'll be fine. - Mon Nov 3 2008, 04:59
Will Nesbitt answered:
You may already know this stuff, but I'd refer you to my most popular blog post: "What every renter needs to know about condominiums".

http://www.trulia.com/blog/will_nesbitt/2008/09/what_every_r… - Mon Nov 3 2008, 04:52
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New comment posted Fri Nov 14 2008, 04:24 by Will Nesbitt - 2 Comments
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