We value every chance and are honored that you chose us.
Negotiations
In a tight market, there will be offers. Be ready for all offers and don't be offended if someone tries to lowball you. You know what your condo is worth. Sometimes a lowball offer is just a buyer's way of asking you if you'll negotiate. Your reply should be, "Sure I'll negotiate, but I'm not...Continue reading→
Is the ‘Great Senior Sell-Off’ Coming?
About 1.5 to 2 million homes belonging to seniors will come on the market by the end of this decade, predicts Arthur C. Nelson, professor of urban planning at the University of Utah. Nelson says he sees a momentum growing among baby boomers to put their homes up for sale and downsize. “This is the...Continue reading→
Millennials Home Preferences
The Millennial generation is about 90 million strong—forming the largest demographic wave in the country’s history—and some reports suggest they’re readying for home ownership. Millennials’ entrance into home ownership has been delayed due to the recession, high unemployment, and high student loan debt. They’ve been living in their parents’ homes, as well as delaying marriage...Continue reading→
‘Zombie’ Foreclosures Haunt Housing Market
A new study finds that 301,874 “zombie” homes—properties where home owners receive foreclosure notices and move out, leaving the home vacant and deteriorating—exist in the U.S. The state with the highest number of “zombie” properties is Florida, with 90,556 vacant homes in foreclosure, according to data by RealtyTrac, in their first analysis of “zombie” properties....Continue reading→
Condo Repairs: Who Pays for What?
Everything built by man requires some maintenance at some point. Even so-called maintenance-free homes require some attention. So when making the transition from renting to buying, one aspect of home ownership that must be considered carefully is maintenance. Renters enjoy few advantages over buyers, but one benefit of renting is that in most cases renters...Continue reading→
Gadsby’s Tavern in Old Town Alexandria
Old Town Alexandria is famed for its quaint historical atmosphere. Englishman John Gadsby operated a tavern here from 1796 to 1808. In those days, the tavern was the hub of political, business and social circles in Alexandria. Thus, Gadsby's Tavern is an important part of the 18th Century heritage of today's Old Town Alexandria. Today...Continue reading→
Can a Federal income tax lien prevent the sale of real estate?
The short answer is most probably not. Liens of all types must be paid by the seller when property changes hands. Real estate tax liens have priority over all others. First mortgages usually come next. Then come mechanic's liens, second mortgages, water bills and other encumbrances. Federal and State income tax liens must get in...Continue reading→
What happens when zoning laws change the value of a property?
An imaginary developer named Harold Dumas owns a 100-acre tract of land along a major river. Harold plans to build a river front community on this property. However, just before Harold applied for his building permit, he learns that the County has changed the zoning on his land. He is now prohibited from building residential...Continue reading→
Hallmark condo association information
If you have any questions about condo documents, insurance or maintenance, please contact the office below: Hallmark Condominiums 200 N. Pickett St. Alexandria, VA, 22304 703-751-0777 If you would like to buy a condo, give us a call at Condo Alexandria.
Great Falls Library
Great Falls Library is located at 9830 Georgetown Pike, Great Falls VA. The library houses a collection of more than 70,000 items and has 9 Internet stations available for public use. The library provides free wireless Internet access. The library has the following services: Access Services --- Large-print books, magnifier, and ZoomText. Audio Loop available...Continue reading→