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Home Selling in Chantilly : Real Estate Advice

  • All51
  • Local Info2
  • Home Buying11
  • Home Selling4
  • Market Conditions3

Activity 13
Tue Jan 19, 2016
My NC Homes Team answered:
I'd suggest putting a new one on as it's likely to cost less than if you attempt to sell it as is. Many buyers either overestimate the expense of repairs or simply don't have enough cash to both close and make the repairs. ... more
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Mon Jan 18, 2016
Amelia Robinette answered:
biggest bang for your buck projects are:

finish the basement and add a bedroom
add hardwood

wet bar is a waste of time/money, unless you're going to enjoy it enough to justify the cost, same for deck.

the only exceptions to these general recommendations is if your competition when you list is going to have those things and you aren't - they you adjust your price accordingly.
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Fri May 15, 2015
Jackson Willis answered:
It really depends on the buyer. I know that I really would like to be able to customize something like that, and a credit to put towards a new carpet would definitely be intriguing to me. Other people want to be able to move in and not have to do any work. If you're not in a major hurry, it might be a good idea to try both. List it with the carpet as-is and offer the credit to start, if nobody is interested, replace the carpet and see if it helps.
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Tue Apr 22, 2014
trina.farrar asked:
I tried confirming my account for the past hour.. but the link will not work.
I am trying to edit some information.
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Thu Jan 30, 2014
Kathy Knight answered:
In my experience with foreclosures, the deed in lieu let's you out of the mortgage without any type of compensation. This is in no way the rule or exception as all banks handle foreclosures and deed in lieu proceedings differently. I can tell you more about my experiences with foreclosures over the past 10 years if you email me. ... more
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Mon Jan 10, 2011 Buyer Rebate answered:
We have local professionlas in the area that can help!
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Tue Jan 4, 2011
Ritu Desai answered:
I had a client who was in similar situation. Bank would not work with him on short sale and/or loan modification because they made enough and ratios where under the new guidelines.

But my clients did not give up. After the 4th attempt they finally got the loan modification done at the current interest rate from 6.5%. They plan to stay in the home for now but if work situation changes they may have to let go their home.

It tough but unfortunately situation that banks won't work with home owners.

Good Luck

Ritu Desai
Associate Broker
Samson Properties
... more
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Tue Feb 26, 2008
Cindy Jones answered:
Your contract should have a deadline for the sale contingency to be removed. If that date has passed then you should officially give notice and have every one sign off that the contingency is either removed, the contract is void or extend the contingency. You should not leave it hanging. Consult your contract and your agent regarding specifics of your situation. ... more
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Tue Feb 26, 2008
FrankyRealty answered:
Agreed with my man Danilo,

While most homes will go "Under Contract With Kick Out" only about 5% of Realtors will look at those listings as possibly buying options. And most websites will only show "Actives."

But you can list it on Craigslist, as long as you properly disclose what state you are in.

Like Danilo said, are you using an agent? My guess is no. For the most part, and agent would strongly avoid a contract with a home sale contingency.

Let's think about it...
1) You are having a hard time selling in this market
2) So you accept a contract that from somebody else who has to sell their house.
3) You then are ok with them having a hard time selling their house.

So effectively you are no longer at the mercy of YOUR house being sold, but you are at the mercy of somebody ELSE selling there house. Heck no! I want to be in control of my destiny.

Normally in this market, people will sell their house FIRST and there is enough vacant inventory around that they put in an offer AFTER they have their place under contract or sold.

To answer your question, you still can take other offers, either as back ups or as a kick out to make the first offer remove the contingency.


I am not a lawyer, so if anything above seemed legal, please disregard it.
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Sun Feb 17, 2008
Lori Jeltema answered:
It doesn't matter what the offer of compensation is - I'll show my buyer any home that they are interested in. My commission is something that is already covered up front by a buyer broker agreement. If you're offering 3%, that's great. If you're offering 2% (or 0%), the difference will get worked out between me and my client unless the seller agrees to offer my full fee. The biggest problem I've come across with unrepresented sellers is either difficulty getting appointments to show or that they hang around during the showing and point out how many hours it took them to paint the trim with their 'upgraded' paint and how the special order, stained glass window in the laundry room costs $700...any many other things that my client could care less about. Some leave the house and let the buyer and I look around on our own - which is best. I still try to show everything possible to them, even after they are under contract - just in case. If you have it listed and are not getting showings, it may just be the market. Hang in there and be sure that you are making showings easy when you can. ... more
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