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Home Buying in 20166 : Real Estate Advice

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  • Home Buying3
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Activity 16
Tue Apr 2, 2013
Cindy Jones answered:
Put the property on Military by Owner and Craig's list instead.
0 votes 3 answers Share Flag
Wed Mar 13, 2013
Matt Elliott answered:
Hi RB - you are a little further West of Dulles than you would be in Centreville or Chantilly, so the airport noise is not as bad as if you were directly below the flight path when flights take off/land.

It's difficult anywhere in Northern VA to find an area that doesn't experience airport noise/road noise, and especially so along the Rt. 50 corridor. Having said that, the only way to get the real answer to your question is to sit out there for a bit and see what YOU think of it. Everything else on this matter is a matter of opinion. What counts is what you think.

I can tell you from a resale standpoint, having sold homes in that community and area, airport noise has not come up once. Either b/c buyers don't think it's an issue or b/c buyers are all accustomed to some level of airport noise.

Hope this helps somewhat; feel free to call or txt if you'd like to discuss further.

All my best,

Matt Elliott
Keller Williams
703-627-2167
matte@kw.com
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0 votes 2 answers Share Flag
Tue Apr 2, 2013
Roger Nakazawa answered:
I do not know of any lending institutions that would need to see the lease only. The lending criteria has become very strict over the last seveal years. I believe they would need to see a credit report in addition to full financial documentation.

Sincerely,

Roger
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0 votes 12 answers Share Flag
Tue Oct 23, 2012
Ron Thomas answered:
In this Market; this can happen.
Now, you can move left, or you can move right; what is your goal?
If your Goal is to sell the house, you may want to help and work with the Buyers you have:
Have you asked if they have an alternative financing plan, another Lender?
If you gave them an extension and were patient, you might have it sold in another 30 days. But if you start over with another Buyer, you could be there for three months.

Good luck and may God bless
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0 votes 2 answers Share Flag
Mon Aug 8, 2016
Dina Azzam answered:
Hello Newbeebuilder. Just about all new builders require that you get prequaified by their own lender. So do foreclosure banks! They will often also try and convince you to use their Title Company. If you wish to use them, check to see what incentives the builder will offer you, and make sure that the fees you are paying are fair. Good Luck ... more
0 votes 11 answers Share Flag
Fri Aug 3, 2012
Martin H. Thomas answered:
Hello Duck,

Have you talked at all with a loan officer about getting pre-qualified for a VA Loan?

If you don't have a lender, I can recommend a few for you to talk with, and I can answer any question you have about the process.

Martin Thomas
Avalar Smart Choice Realty
301-442-5721
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0 votes 5 answers Share Flag
Tue May 3, 2011
Tish Thompson answered:
Ideally you should request the extension prior to closing. Most banks don't have a problem with it, mostly because they make more money from it....extensions are not free. I recently closed a short sale and the bank granted the buyer a 30 day extension. ... more
0 votes 12 answers Share Flag
Mon Dec 15, 2014
Jim McCowan answered:
The commission will be in the contract. I don't understand why buyers think agents should give them part of their commission. I wonder how many buyers would agree to give back part of their salary?

If you don't think your agent deserves it then maybe you need a new agent?
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0 votes 22 answers Share Flag
Sat Nov 21, 2009
Vicky Chrisner answered:
you need to work through the listing agent and request an extension. i have had no problem getting an extension when there's been a replacement buyer if everything else is good, etc. it's taken me 1-2 weeks to get "re-approval"... BUT, it depends on the bank, their policies, how long ago the SS was approved and if there is a pending foreclosure looming, as well. best of luck. ... more
0 votes 1 answer Share Flag
Tue Mar 10, 2009
Dina Azzam answered:
I would really advise you to go visit all these communiites at different times. Try the commute to work during rush hour, go to some restaurants in these areas, or talk to some residents who live there, and decide which of them works best for you. All the areas you mentioned are great. You can probably get a little more home for the money if you go to Ashburn, versus Cascades.
Here is a website that will help you compare schools. www.greatschools.net

Good luck
Dina
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0 votes 5 answers Share Flag
Sun Mar 8, 2009
Yona Bello answered:
Dear LV,

I know this is frustrating, but this is the scenario with short sales. If you are being represented by a Realtor, have they tried to see why you have not been contacted?


Good Luck!
Yona Bello
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0 votes 1 answer Share Flag
Thu Jan 1, 2009
Bosley Team answered:
Are you working with a Real Estate Agent? If so, talk to them about your options... Either way, you should make sure you understand the eviction process in your area. You may also want to review The Virginia Residential Landlord and Tenant Act. http://www.vdacs.virginia.gov/consumers/f-landlord.shtml

One way you could avoid the eviction process all together is to negotiate with the seller to have the home vacant prior to you agreeing to close. If the seller is motivated to sell, and the home is not in an immediate threat of going into foresclosure, this should be easy to do. If the home is scheduled to be foreclosed at any moment, you may also need to negotiate an extension with the lender.
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0 votes 5 answers Share Flag
Thu Nov 5, 2009
Danilo Bogdanovic answered:
Niaz,

Yes, there are plenty of 3 bedroom homes with a garage and basement available in Sterling and Herndon.

If you let me know exactly what you're looking for, I'll send you a list of available homes immediately. Or you can search http://www.FranklyMLS.com yourself and contact me for more information about any homes that peak your interest. Whichever you prefer...

Danilo
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0 votes 8 answers Share Flag
Fri Oct 15, 2010
Glenda Cherry answered:
Without more information, it's hard to give you an answer. Part of the disparity may be caused by the number of foreclosures and short sales in Sterling. When an agent lists a home as a short sale, the price is arbitrary, at best. The lender gives agents no clue as to what they will actually accept until the agent brings them an offer. As a result, many of the prices are just numbers with no bearing on the actual value of the property. If you can provide us with some examples of the disparity you're seeing, we might be able to provide you with more precise information. ... more
0 votes 8 answers Share Flag
Mon Jun 2, 2008
Pacita Dimacali answered:
This is an ethical dilemma that we are encountering more frequently because of the length of time it takes for short sale negotiatiors to respond to an offer. On more than one occasion, I've had a client back out of a short sale offer because we found something better while we were waiting.

At the outset, we tell the listing agents that we recognize the length of time it will take to get a response, and that we reserve the right to keep looking. The listing agent conveys this message to the negotiator in the hopes that they will expedite the process.

But if you are serious about another property more than you are about the previous offer you made, you may want to issue a withdrawal.
... more
0 votes 3 answers Share Flag
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