22311 : Questions & Answers

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Matt Richards, Real Estate Pro in Alexandria, VA
Matt Richards answered:
Oak kitchen cabinet and corium count top are "dated". Should we replace cabinets and count top or reduce the sale price.?
Buyers in the Alexandria West neighborhood do generally expect updated homes. But as others have said, the best thing to do is consult your realtor for expert advice. It may well be a ... more
0 votes Share Flag Fri Oct 10, 2014 Remodel & Renovate in 22311
Akil Walker, Real Estate Pro in Bowie, MD
Akil Walker answered:
If I put IKEA kitchen cabinets in my $500,000 to $750,000 (depends on our economy) home, what will it do to resale? Will it hurt the value?
Hello Faye,


A lot of time is spent in the kitchen and a quality kitchen is high on most buyers list especially in this price range.

In my humble opinion I would compare this to ... more
0 votes Share Flag Mon Apr 28, 2014 Remodel & Renovate in 22311
Joanne Westc…, Real Estate Pro in Annapolis, MD
Joanne Westcoat answered:
Painting the interior of a townhouse: DIY vs. professionals
There is nothing worse than coming into a home and seeing a poorly done paint job. If you have never done it before, I would definitely suggest getting a few estimates from experienced ... more
0 votes Share Flag Tue Mar 18, 2014 Remodel & Renovate in 22311
Junaid Bashir, Both Buyer and Seller in McLean, VA
Junaid Bashir answered:
can i buy a house in west head end alexandria for under 300k? I do not want a condo.
Yes, I can e-mail you short sales, foreclosure or bank owned properties.

Thanks,

Junaid Bashir / Realtor
www.junaidbashir.com
junaid@realtor.com
703-622-0560
0 votes Share Flag Mon Apr 15, 2013 Home Buying in 22311
Naples Real…, Real Estate Pro in Naples, FL
Naples Real Estate Guys answered:
We don't have much money saved, but are interested in purchasing a condo in the Alexandria area. We have seen
Best next action is to ask a local Real Estate Broker by clicking "Find a Pro" in the main menu at the top of this website. http://www.naplesrealestateguys.com/
0 votes Share Flag Sun Apr 14, 2013 Home Buying in 22311
Candy.f.cole, Home Owner in Ocala, FL
Candy.f.cole answered:
I am in the market for a 3-level TH and need to have an in-law suite
Well, this home has a 2,000 sf mother in law suite, dayliight, seperate entrance and one from the main house entrance, gourmet kitchenette, laundry room, large double living room with f ... more
0 votes Share Flag Mon Feb 18, 2013 Home Buying in 22311
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
What's going to happen to the interest rate in the next several months (yes, I know, crystal ball would come?
FYI; the average home interest rate, over the period since WWII, is 7.62%

I agree with the others who said that it will stay flat thru 2012, due to the election.
0 votes Share Flag Tue Nov 22, 2011 Home Buying in 22311
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
I signed closing paperwork on a bank owned home at title company. The seller has yet to respond in signing their closing documents I have keys to home
Amanda rule 1 in closing a bank owned home is get seller signed docs first and ahead of the actual closing when the buyer comes in to sign. The signed deed and hud from the seller is of ... more
0 votes Share Flag Sun Sep 25, 2011 Home Buying in 22311
Deeley Chest…, Real Estate Pro in Ocean City, MD
Deeley Chester answered:
second home as rental property to help out with paying two mortgages, do i need to get bussiness license or permit?
Hi Hunny,
Rudy has a great answer and is very correct. You don't wanna get sued if something were to happen. But also make sure you speak with a CPA for income purposes.
0 votes Share Flag Mon Sep 5, 2011 Financing in 22311
Marta, Home Buyer in 22311
Marta answered:
We are trying to buy Fannie Mae property in Hampton Roads and will apply for 203k loan. Do you know any good lenders for this type of loan? Marta
Thank you all very much for your answers. They are very informative and helpful.
We have an agent but she has never done 203k loan before. We try to learn together. It just happened th ... more
1 vote Share Flag Wed Dec 15, 2010 Remodel & Renovate in 22311
Timber Creek…, Real Estate Pro in Los Gatos, CA
Timber Creek Construction answered:
Home Depot or IKEA?
Look into having someone (a contractor) install the cabinets for you.
My company can install kitchen cabinets from either of these two place far less, and still make a profit.
0 votes Share Flag Wed Nov 11, 2009 Remodel & Renovate in 22311
Misha Zaitze…, Home Buyer in 10002
Misha Zaitzeff answered:
Are you interested in Social networking that really works? my favorite sites!
I think you guys would really love Flippingpad. It's a good mix of Investors and Professionals.
0 votes Share Flag Sat Oct 10, 2009 General Area in 22311
Rachel Carter, Real Estate Pro in Georgetown, Washington...
Rachel Carter answered:
If a home is listed at a specific price on a short sale, can that price be changed?
Yes. I had a short sale at the end of last year where the listing was priced at $450K and the bank approved his offer at $420K plus 3% of the sales price in closing costs. It was a VA ... more
0 votes Share Flag Wed Jul 29, 2009 Foreclosure in 22311
Margaret Ama…, Real Estate Pro in Sarasota, FL
Margaret Amador answered:
What is the difference between foreclosure, short sale and bank owned?
Very briefly the foreclosure process starts with the bank suing the borrower from which a lis pendens is entered into public record.
A shortsale is a payoff where the lender accepts ... more
1 vote Share Flag Wed Jul 8, 2009 Foreclosure in 22311
Mag, Home Buyer in Alexandria, VA
Mag answered:
How much time does the Foreclosure process take?
Thank you ALL for your helpful feedback and advice!

My lease had expired on February 09, and I opted on month to month basically because I was planning on buying my own place at the ... more
0 votes Share Flag Sat May 2, 2009 Home Buying in 22311
Amarachi, Home Buyer in Alexandria, VA
Amarachi answered:
Who will be eligible for $8,000 credit for first time home buyers (referring to new bill in Congress)?
I am a first time buyer, but my husband own a rental property that he purchased in 2005. Would be qualify for the credit?
1 vote Share Flag Wed Feb 18, 2009 Financing in 22311
Lori Jeltema, Real Estate Pro in Newport News, VA
Lori Jeltema answered:
Delayed Closing
M. There really isn't anything to reimburse...and please, someone correct me if I'm explaining this wrong .
It's either pay now or pay later when you are closing on a property. If y ... more
0 votes Share Flag Sat Sep 27, 2008 Home Buying in 22311
Mark Brian, Real Estate Pro in Anderson, SC
Mark Brian answered:
Back to the future - how low will they go?
Do not use Zestimates to make your decision! Use Zestimates along with current sold comps from a Realtor that is referred to you by someone you trust. What is your strategy regarding th ... more
0 votes Share Flag Thu Aug 28, 2008 Home Buying in 22311
Luke Allison, Real Estate Pro in Asheville, NC
Luke Allison answered:
What's better: FHA Insured Fixed or Conventional Fixed with PMI?
M-
Since you are not paying your closing costs anyway, might I suggest an even more savvy approach. If your home is appraised at more than the purchase price, then after you close on ... more
0 votes Share Flag Fri Aug 22, 2008 Home Buying in 22311
Will Nesbitt, Real Estate Pro in Alexandria, VA
Will Nesbitt answered:
I am trying to project my expenses for *after* I purchase a house.
Here's a fact that most people don't realize: everyone pays condo fees.

By that I mean, condo fees can include maintenance, utilities, deferred maintenance, lawn care, etc. These ... more
0 votes Share Flag Tue Aug 19, 2008 Home Buying in 22311
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