Alexandria’s buroughs — about the neighborhoods of Alexandria

New to the Area?

This is an update on an old article I put together for people who are brand new to Northern Virginia. Because of the many employment opportunities and because of the pleasant nature of the city of Alexandria, Alexandria often and consistently rates as one of the nation's best cities. If you're brand new to the area, it's hard to know where to start when looking for a home or residence. There are TOO MANY CHOICES. Before you can find your house you have to find your neighborhood. Before you find your neighborhood you have to find your way around the city. For this reason, a quick description of the components of Alexandria is helpful.

Old Town

Old Town (sometimes called Olde Town, Old Towne or Olde Towne) is the heart of Alexandria. As the name implies, Old Town is the oldest part of the city. Alexandria was a port in colonial times owing to its location along the Potomac. These days Old Town is found just inside the Woodrow Wilson Bridge and then north toward Reagan National Airport. Old Town is served by the King St. Metro and the King St. trolley. With over 100 restaurants, shops, boutiques, coffee shops, ice cream houses and more, Old Town has both a small town, upscale and touristy feel. For most folks there is a bit of prestige attached to an Old Town address. There are two high rises near the waterfront at the Alexandria House and Port Royal. Old Town Alexandria has many townhouses, row houses and a smaller number single family homes. Click Old Town to search listings of properties in Old Town Alexandria.  

Del Ray

Although its history doesn't stretch to the colonial days, Del Ray is another relatively old neighborhood. Del Ray was founded in 1894 as a "streetcar suburb" to Washington, DC. Most of Del Ray was built from the 1890's to the 1950's and retains that small town charm despite being so close to the center of the universe. Quaint streets with brick or stone homes are found on streets that branch off from Del Ray's arteries. At the heart of Del Ray is the main street: Mount Vernon Avenue. This where you'll find a hometown mix of shops, restaurants and hardware stores. Braddock Road metro serves Del Ray and condos such as Colecroft Station are available here. Click Del Ray for a map of Del Ray and for listings of properties for sale in Del Ray. Or, click Del Ray for listings for sale in the Del Ray subdivision of Alexandria.

Arlandria

As the name implies, Arlandria at the border of Alexandria City and Arlington County. Arlandia is just north of Del Ray at terminus of Mount Vernon Avenue. Some residents also call this neighborhood Chirilagua. Arlandia has many small shops and restaurants. Click Arlandria for a map of the general area and to search properties listed for sale in Arlandria.  

Eisenhower Valley

The Eisenhower Valley describes the area found along Eisenhower Avenue. At the western end of Eisenhower Avenue one will find warehouses and businesses such as FedEx and UPS who appreciate easy access to the Interstate. Click Eisenhower West to search property at the west end of Eisenhower, near the Van Dorn Metro station. On the east end, where Eisenhower Avenue approaches Old Town, you'll find the United States Patent & Trade Office and the high-end high-rise neighborhood of the Carlyle District. The USPTO is a complex of five buildings that accommodate more than 7,000 federal employees. Residents of the Carlyle District have easy access to the Hoffman Town Center at the Eisenhower Metro. The Carlyle District is an intriguing place to live because it's so close to the charm and amenities of Old Town, but is new and modern. Click Eisenhower East to find properties listed for sale here.  

West End

Like the Eisenhower Valley, the West End of Alexandria is a mixed bag. Condos and high rises abound in "Condo Canyon" near Landmark and Lincolnia. But development from the 1950's and 1960's is also found tucked on side streets and around unexpected corners. The homes around and near Seminary Road are regarded by many as stately and highly desirable. Another interesting neighborhood in the West End is Cameron Station. Cameron Station is a newer development of townhouses and condos, but the stylings and architecture imitate the best of Old Town. Cameron Station is relatively close to both Landmark Mall and Old Town. The West End is well connected to Washington DC via I-395. The West End is the newest and largest part of the city. The West End has a diverse selection of restaurants and shops as well as Landmark Mall and several fine hotels. Fort Ward Park and Museum is found in the West End of Alexandria.  Click West End for a glance at what's for sale and to see a map of the West End.  

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Will Nesbitt About the Author --- Will Nesbitt is the principal broker of Condo Alexandria and Nesbitt Realty. Will specializes in condos, townhouses and single family residences in Alexandria, Arlington, Fairfax County, Crystal City, and Kingstowne. Will resides in Belle Haven Estates just outside Alexandria VA in Fairfax County.

Are disclosures required in emails?

emailIn the Commonwealth of Virginia, emails sent for the purpose of advertising real estate services must contain specified disclosures at the beginning or end of the message. Does that mean disclosures are required in all emails? Let's look at the case of Earl and Brian. Earl lists his home for sale with an agent named Brian. Earl is a busy guy and doesn't like phone calls. Earl prefers email and thus he and Brian communicate regularly by email. Late one night, Brian replies to one of Earl's emails but includes none of the required disclosures! Has Larry violated the rules of the Commonwealth of Virginia? The answer is no.  Earl is already Brian's client and thus these emails are not solicitations.  Disclosures are unnecessary when dealing with existing clients and in any correspondence required by the ordinary conduct of business.

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Nesbitt Realty is licensed in Virginia.
For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
  • The difference between equitable title and legal title

    Julie Nesbitt
    Do you know the difference between equitable title and legal title? Equitable title is conveyed to the buyer when the seller signs the offer to purchase. A ratified sales contract creates equitable title. After closing and accepting the deed, the buyer receives legal title. Equitable title does not carry all the rights, privileges and duties…

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  • What is the Virginia Condominium Act?

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    If you own a condo in Virginia, or if you're thinking of buying a condominium in the Commonwealth of Virginia, it might be a good idea to glance at the Virginia Condominium Act. This act describes the terms of ownership and limitations and requirements of condo associations.  It also describes the unique attributes of condominium…

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  • Condos need maintenance …

    condo Alexandria
    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…

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  • Real Estate Contracts With Contingencies

    Real estate contracts sometimes come with contingencies. This is a part of the contract that states certain conditions or timelines are met or the seller or buyer can void the contract. The conditions or timelines can be any that both parties agree on and are put within the contract. Contingencies usually last for a specified period.…

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  • Update: Lepelletier case against Judge Tran Dismissed

    Nesbitt Realty is located at the Belle Haven Professional Center
    As you may already know, Robert Lepelletier, Jr. sued Nesbitt Realty and as a result he was ordered to pay sanctions to Nesbitt Realty by Fairfax County Judge John Tran. Lepelletier sued the Honorable Judge John Tran in Federal court. Lepelletier's case against Judge Tran was dismissed and his motions were denied. Despite being ordered…

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Big-Ticket Homes in Higher Demand

The luxury home market is gaining momentum, with prices rising and many areas where upscale housing once struggled now turning into a seller’s market, according to the Institute for Luxury Home Marketing. “Prices have been trending up fairly strongly since the beginning of the year,” Laurie Moore-Moore, the institute’s founder, recently told the Chicago Tribune. “Inventory has been tight, though we're starting to see a little growth in inventory again. It's not stock-market driven, not necessarily. When you look back at the housing-market downturn, the low point probably was in 2007. Typically, a downturn would be driven by high mortgage-interest rates, but this time it was the whole real estate market that crashed. And at that time, the number of wealthy people in America actually declined, and the number of wealthy households is an extremely important driver of demand.” But by 2010, there were nearly as many wealthy households as before the downturn, with affluent households recovering fairly quickly, Moore-Moore says. “This group focused on residential real estate as a pretty desirable asset — for them, a second or third home turned out to be a portfolio play,” Moore-Moore notes. “Driving the recovery, we've had record low interest rates and a perception of bargain prices and then we've had this very affluent group saying, maybe real estate is a smart buy.” The high-end markets flourishing the most are Baltimore; Charlotte, N.C.; San Francisco; and Washington, D.C., according to a monthly analysis by the Altos Research data firm on behalf of the Luxury Home Marketing. The report tracks 31 ZIP codes with the highest median prices. But not all luxury home markets are gaining momentum, according to the report. For example, some luxury markets are considered stable, including Atlanta, Los Angeles, Miami, Las Vegas, Denver, and Dallas. Also, luxury-home markets are still seeing prices fall in areas like Chicago, New York, Seattle, and Orlando. Source: “Luxury home sellers feeling rich again,” The Chicago Tribune (May 10, 2013)
  • Arcturus -- Along the Potomac River near George Washington Parkway

  • Arlington Ridge -- Overlooking the capital's river valley

  • Belle Haven -- An established neighborhood of distinctive homes

  • Chesterbrook -- Elegant homes on quiet streets in Mclean

  • Clifton -- A place to find your micro-mansion

  • Great Falls --- Impressive residences with large lots

  • Langley -- Great schools, quiet neigbhoods

  • Rivercrest -- Stately homes on the Arlingwood bluff

  • Seminary Hill -- Impressive homes on large lots close to town

  • Yacht Haven -- Boater's paradise on the Potomac

 

Writing the Offer to Purchase

When you've picked out the house, townhouse or condo you want to make your own, it's time to write the offer. An offer is a written description of the terms under which you the buyer would purchase the subject property. If the seller accepts your terms the next step would be to proceed to closing and thus full ownership of the property. Although most Realtors in Northern Virginia use the standard Northern Virginia Association of Realtors contract there are many possible contingencies, addenda and options that will alter the offer to make it specific to your situation. One of the most common contingencies added to the offer is the "financing contingency". This contingency specifies that if the buyer cannot get financing then the deal is off and the earnest money is returned to the buyer without penalty. Another matter that must be addressed in the offer is the down payment. One way that the down payment differs from the earnest money in that the down payment is paid at closing rather than at the time of the offer. The seller wants to know the buyer's down payment amount because it provides further evidence of the buyer's qualifications to secure a mortgage. The offer also describes the interest rate and some terms of the proposed loan. The rates and terms described in the offer are not an offer of credit from a lending institution and do not reflect the loan that the borrower will receive. Rather, the rates and terms are describe to provide a safeguard against any dramatic change in interest rates between when the offer is made and when the loan is closed. In other words if the rates double but the buyer is still approved for financing the buyer could cancel the offer because the terms exceed what he can tolerate financially. Every purchase will have closing costs. Both buyers and sellers have expenses at closing. Buyers, especially first time buyers, are usually scraping for down payment and closing costs. The seller cannot help with down payment, but the seller can subsidize the buyer's closing costs. If so negotiated the seller can pay all or a portion of the buyer's taxes, origination fees or title insurance. This money comes directly from the seller's pocket so if buyers who need assistance can expect to pay a little higher price than those who do not need a subsidy. Although the seller cannot help with down payment, the seller can offer some or all of the financing. The terms of the offer will describe the loan that the buyer expects to receive from the seller. When we make the offer I can help advise you on what terms and conditions will best suit your unique circumstances and what terms are mostly likely to be acceptable to the seller.

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For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.  

A walk at the Belle Haven Marina

Last weekend Julie and I decided to take a walk on the trails near the Belle Haven Marina. The weather was warm, one of the first nice days of Spring, so we had a nice little walk to the water's edge. Julie at water's edge The trail follows the edge of the Potomac and is relatively quiet even though it's just off the George Washington Parkway. Belle Haven Marina The day was not so gloomy as these pictures turned out and it was very pleasant just off the trail. Belle Haven Marina There was a bird here and I tried hard to get him on camera, but he was much too quick. He would dive and then surface with a fish in his beak. We saw him eat at least six fish. I was amazed by how much one little bird could eat. Foxy at the Marina Foxy came with us and she trotted into the water to bark at ducks but didn't have the courage to take a swim.  
About the Author: Will Nesbitt is the principal broker of Condo Alexandria / Nesbitt Realty in Alexandria VA. He specializes in condos, townhouses and single family residences in Alexandria, Arlington, Fairfax County, Crystal City, and Kingstowne.

The Listing Agreement

The first step to selling your home or condo

handshake The listing agreement is an agreement or "contract" between a property owner and a licensed real estate professional. The listing agreement authorizes an agent to act on the behalf of the property owner for the purpose of selling the subject property. In other words, the listing agreement describes the powers and limits of your real estate agent when your sell your home. Listing agreements can be negotiated to include any number of terms specific to your relationship and property, but all valid listing agreements will always include the following elements:

Writing

In the Commonwealth of Virginia verbal real estate contracts are valid but not enforceable. What does that mean? Well in short-hand it means that all real estate contracts must be in writing.

Employment

The listing agreement is actually an employment contract for personal services offered by the broker to a property seller. This contract describes the terms and conditions of employing the broker. Often the broker will assign an agent to a specific property, but the listing contract is not between the agent and the seller. The listing agreement is an agreement with the broker employing the agent and the property owner. The listing agreement grants the broker and his agent the power to represent you in marketing and selling your home.
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Compensation

For any contract to be valid, there has to be compensation. A listing agreement is no different. The listing agreement specifies the amount paid to the broker and establishes the timing of the payment to the broker. Most listing agreements charge a percentage of the sales price and this amount is paid at closing when the home sells. In addition, the listing agreement will also describe instances where the seller might have to pay the broker even though the property has not sold. A rare example of this can happen when a broker finds a qualified buyer who is ready and willing to pay the asking price with the terms the seller wants, but the seller refuses to go through with the sale.

Title

The listing agreement requires the seller to make representations with regard to who owns title to the property. Obviously, only the owner of a property can sell a property, but the portion of the agreement also ensures against the possibility that there are additional owners of the property. All owners of the property must agree to the listing agreement.

Term

The seller authorizes the broker to act on his behalf for only for a specified period of time, or "term". The term is often 180 days and is only rarely less than 60 days. A listing agreement is a legally binding contract, so the property owner should never agree to a listing that doesn't specify a termination date. In the event that the listing terminates before the property sells, it is a simple matter to sign a new listing agreement with a new termination date.
View of the Colecroft townhouse condos
Colecroft is at the Braddock Rd. Metro Station

Fine Print

There are of course other components to the listing agreement. Most of these are time-tested boiler-plate phrasings that are designed to reduce or eliminate the chance for confusion and prevent litigation. But the listing agreement is a legal document, so property sellers should read and understand the terms before signing. Your agent or broker can help explain the agreement to you, but if you require legal counsel consult an attorney. Lawyers, not real estate professionals, provide legal assistance.
Will Nesbitt is the principal broker of Condo Alexandria.
Will Nesbitt is the principal broker of Condo Alexandria.
Will Nesbitt is the principal broker of Condo Alexandria / Nesbitt Realty.  

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For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.

Five Steps to Buying a Condo

Step 1: Defining What You Want Our offices at River Towers Start by creating a prioritized list of features you want in your home and the reasons why. Use it as your search guide, but remember that depending on your budget and funding, you will probably need to make some compromises. Your Condo Alexandria real estate professional can you information about communities which fit your criteria. Of course, location is a huge part of any move. If you're new to the area, keep in mind the distance traveled during your commute is not so important as the time traveled. Traffic patterns favor some neighborhoods while some areas regularly suffer with gridlock. Your Condo Alexandria real estate professional can tell you about area amenities, culture and shopping. Step 2: Figuring Out What You Can Afford Now that you have an idea what you'd like, it's time to see how that marries up to what you can afford. Most people do this with the assistance of a mortgage professional. If you are considering a condo, make sure that you deal with an experienced lender such as Condominium Mortgage who understands the unique challenges of lending in condominium communities. Often the preapproval process takes less than an hour, and can be handled over the phone. Your mortgage professional can tell you how much condo you can afford and what your monthly payments would be. Additionally, a pre-approval letter demonstrates to the seller that you can afford to buy their home. When the seller knows you can move quickly, this often gives you more negotiating power. By definition, a pre-approved buyer has an approved mortgage subject to an appraisal of the property. Condominiums mean condo associations and condo fees. When figuring your monthly budget you Condominium Mortgage professional can take into account any condo fees you might be expected to pay. Often the cost of condo fees are a bargain compared to the cost of utilities, time and maintenance expense that other home owners pay. It's important to put this fee into perspective when considering a condominium or PUD purchase. To receive free loan pre-approval from Condominium Mortgage call toll free 1-703 765 0300 seven days a week. Step 3: Shopping For Homes Once you know what community you'd like to live in and have an idea of how much condominium you can afford, it's time to start checking out some actual communities. You can begin this search online and save time since it can help you target homes that meet your search criteria. You can view virtually every property listed by all real estate companies in the area on this web site. It's one way Condo Alexandria makes home shopping easier for you. We will even notify you by email when properties come on the market that meet your search criteria. Next, begin visiting homes in person. Ask your Condo Alexandria real estate professional to arrange home showings that are in your target area and price range. If you are not currently working with one of our agents contact Condo Alexandria Customer Service at 1 703 765 0300 . We will arrange to have a knowledgeable agent assist you. Step 4: Making An Offer Once you find the home you want, you need to complete a purchase agreement for the condominium. Typically this is a very difficult and trying time since both buyers and sellers have totally different goals. In most cases it is better to have a third party, such as a Condo Alexandria real estate professional, negotiate the offer. If you have any personal interaction with the homeowner, don't give out any information about your move, your current housing status, financial status or your feelings about their property - positive or negative. This could hurt you in future negotiations. Step 5: Closing In most cases you will also have the option of a "walk through" within 3 days of the closing. This is your chance to make sure that all of the items that you and the seller have agreed upon meet your satisfaction. Before you arrive at the closing, make sure all the necessary paper work and deposits have been completed. If the mortgage, title work, homeowners insurance and other items necessary are not completed and brought to the closing table, the closing may not happen on time. Once you close, it's official - you own the condo.

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  For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.  

Demand for Home-Purchase Loans Hits 3-Year High

Mortgage applications were on the rise last week, with applications for home purchases — viewed as a leading indicator of future home sales — moving up to their highest level since May 2010, the Mortgage Bankers Association reported. Mortgage applications for home purchases increased 2 percent last week, while applications for refinancings, which make up the biggest bulk of the index, jumped 8 percent. Overall, MBA’s mortgage application index increased 7 percent last week, reflecting both applications for purchase and refinancings. MBA’s index covers more than three-quarters of all mortgage applications in the country. MBA reported that the average rate on 30-year fixed-rate mortgages fell to 3.59 percent last week, its lowest point since December. Source: “U.S. Mortgage Applications Up 7% Last Week - MBA,” The Wall Street Journal (May 8, 2013)
  • Home Prices In Arlington Continue To Hike

    Glendale
    The housing market in Arlington County is getting more and more expensive as potential buyers continue to have fewer homes and condos to choose from.

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  • Inlet Cove is near Fort Belvoir and Potomac Mills

    Inlet Cove outside Belvoir
    Inlet Cove is alongside Route 1 This neighborhood of townhouses is near grocers and eateries Inlet Cove is close to Fort Belvoir, Alexandria, and Potomac Mills shops, in the city of Woodbridge Interior to these properties are multilevel Inlet Cove is serene

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  • Pending Home Sales on an Upswing

    home inspector
    Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in February, and is 21.1…

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  • A Good Time to Buy a High-End Home

    Station Square
    Some of the best housing deals are on high-end homes, many over $1 million. Some of them need TLC or they aren’t in the most-coveted locations. But there are plenty of desirable properties and lots of sellers who are getting impatient. Buyers with cash have the best opportunities. Buyers who need a mortgage should move…

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  • Who is today’s homebuyer and why are they buying?

    Nesbitt Realty 703 765 0300
    The National Association of Realtors recently did a study about the characteristics of home buyers. Some of the findings might surprise you. Thirteen percent of buyers purchased a home with one or more parents and grandparents together with adult children. There were several reasons given for purchasing a multi-generational home. Cost savings; Children over the…

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Buying your first condo?

Buying a condo is a great way to start your independence in the world. Buying a condo is a great option for empty-nesters looking to downsize and enjoy life. Buying a condo is a great way to live in an unbeatable location. No matter what your age is, do you really want the hassles of yard work and gutter cleaning? A condo provides the freedom of maintaining the lawn and house so the focus is on your life--- in and outside your home and not on working on your home. All the information provided will aid and guide your search through tips and steps to follow making sure your new condo life will start out in the best way possible. Any major purpose such as a new home can be a difficult one to say the least, but it doesn't have to be. In Northern Virginia, you can rely on experts such as Will Nesbitt of Condo Alexandria and Julie Nesbitt of Condominium Mortgage. Check our links for experts from across the country! Reblogged with permission from CondoBenefits.com

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For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.

George Washington’s Grist Mill

A gristmill is a mill for the grinding of grain, specifically a customer's own grain. Grist mills were a common site in colonial America, but there are few such mills still in operation today. Pierce Mill a Rock Creek Park in DC is open to the public but is non-operational. The mill needs repairs. But George Washington's Gristmill in Mount Vernon Virginia is fully operational and is a sight to see! The mill operates every day from April until the end of October. The gristmill is three miles south of Mount Vernon on the site of Washington's original mill and distillery. Combination tickets which include a visit to the Gristmill are sold at Mount Vernon's Main Gate. George Washington inherited Mount Vernon in 1754 and the mill was part of the estate. At that time, the gristmill was a "custom mill", meaning that grain was ground here for private usage. Grain was not ground for sale. Rather, neighbors and residents of Mount Vernon used the mill almost exclusively. Washington decided to convert the custom mill into a "merchant mill". A merchant mill ground flour and cornmeal as a service for profit. In 1771, Washington added a second pair of grinding stones. Washington's Gristmill served Mount Vernon but it also ground grain for sale up and down the East Coast of America and as far away as Portugal and the West Indies. The current reconstruction depicts the operation of the mill during this period. As in Washington's day, the mill was powered by a stream of water from Dogue Run. In those days, a wharf at the point where Dogue Run enters the Potomac served to bring grain to and from the mill. Mount Vernon is a wonderful community about 5 miles from Washington DC. From Fort Hunt to Fort Belvoir there are manor homes, houses, townhouses and condos to fit any budget or style.  Check out Fort Hunt Info for a little more information about this area. Contact Will Nesbitt for a local expert who cares about your goals and real estate needs. For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.