Will is the principal broker of Nesbitt Realty and Condo Alexandria. He is licensed in anywhere in the Commonwealth of Virginia, but focuses on those communities found in and around Alexandria, Arlington, Mount Vernon and Springfield/Franconia.
Will has been involved in real estate management, sales and investment for more than twenty years. He is a veteran of the U.S. Army. While in the army, he studied Russian at Monterey's Defense Language Institute. He is also a "veteran of the dotcom wars" and built most of the sites associated with NesbittRealty.com
Will currently resides in Belle Haven Estates just outside Old Town, overlooking New Alexandria. He is a former president of the Mount Vernon Youth Athletic Association and founded the Alexandria Fun with Friends Group. Will is the author of BattlestorM, a tabletop fantasy game, which was published by Ral Partha Publishing in the late '90's, and Arthur's Realm, a boardgame available at the Gamecrafter.
Stabler Leadbeater Apothecary Museum
The Stabler-Leadbeater Apothecary Museum was opened by a Quaker pharmacist Edward Stabler in 1792 and is one of the oldest pharmacies in the country. Located on 105-107 South Fairfax Street Alexandria, Virginia in the heart of Old Town Alexandria.
In addition to being a pharmacist, Stabler was dedicated to the abolition of slavery and the expansion of educational opportunities. Among other accomplishments, Stabler purchased many slaves for the express purpose of granting their freedom. Edward Stabler died in 1831, but his son continued to run the business for many years after.
This particular building served and survived through many important events in United States history such as the War of 1812. The pharmacy was of great importance during the Yellow Fever Epidemic of 1821. During the Civil War the apothecary furnished medicines for the Union. The pharmacy also served during the Spanish-American War of 1898, and World War I.
Finally, in 1933 the shop closed due to the Great Depression. At that time the contents of the shop were sold, and the money that was raised was used to preserve the property as a museum. In 1939 the shop re-opened as a museum and 43 years later Stabler Leadbeater Apothecary Museum was placed on the National Register of Historic Places.
With over 8,000 objects-- gold-leaf labels, hand-blown medicine bottles, pill rollers, show-globes, mortars & pestles-- the museum provides visitors with a wide, fantastic collection. The first floor is in the Gothic Revival style from 1835. On the second floor names of herbs and medicine are in their original hand writing placed on the walls and shelving of the interior. The Apothecary is home to many important artifacts, journals, receipts, ledgers, and invoices, and also include many historical figures names in documents, Martha Washington, James Monroe, and Robert E. Lee.The purpose of the Stabler-Leadbeater Apothecary Museum is to promote the history and educate people about the values of Edward Stabler. More importantly, the museum promotes a better knowledge of historic public health issues of the past. It was a center of daily life in Old Town Alexandria, and as a museum the apothecary is still having an positive impact today.
This museum is just one of the many features that make Old Town an attractive destination for tourists and a highly prized location for residents. Parking can be a hassle in Old Town, but the problem can be avoided by taking the Metro and the King St. Free Trolley, which stops near the museum.
The historic Carlyle House in Old Town Alexandria is more than 250 years old.
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 needn't worry about the expense maintaining a property. Many first time buyers aren't ready to take on the hassles and expenses of yard work, gutter cleaning, painting and so on, and for this reason condos are a viable and interesting alternative.
In the case of a condo, maintenance can be separated into two categories: owner's responsibilities and association responsibilities.
These exact nature of these duties and responsibilities will vary from condo to condo, but there are a few rules of thumb. For example, certain retirement communities provide maid service as part of the condo, but most often the condo owner is responsible for cleaning his own unit.
In most cases, the condo owner must clean the condo interior, including all windows which are reachable from the interior. The condo owner must clean of his or her private balcony or patio. Most renters are accustomed to this type of arrangement already.
An updated kitchen in a Belle View condo.
Unlike renters, condo owners own the appliances in the unit. Thus, the condo owner cleans and maintains all the appliances, but the condo owner also pays for repairs and replacements as needed. A condo owner has the power to pick his own appliances, but with that benefit comes the duty of maintaining that unit.
In most older condos, the association supplies the heating and cooling to the unit, and the condo owner owns the convector or radiator (heat transfer appliance) in the unit. In new condos, the owner typically owns the HVAC (heat pump / air conditioner) that heats and cools his unit.
Plumbing and electrical concerns remain for owners of single family homes and townhouses, but in all but a few rare cases the condo owner need only worry about systems that are outside the walls. For example, the condo owner typically owns the bathroom vanity and the pipes supporting that vanity, but not the pipes which supply water and take sewage away from the bathroom. A condo owner owns his kitchen cabinets, but not the electrical wires inside the wall that bring power to his kitchen appliances.
In general, the condominium owner is responsible for his personal space, but the condo association is responsible for all common areas. This includes maintaining and operating the elevators and outside doors. In most cases this includes the windows. Most always, the association maintains the lawns, flowers and shrubs. The condo association maintains the roof.
While the owner of a single family home must maintain his own driveway, a condo parking lot is maintained by the condominium association. The parking garage can be private, common, or common with assignments. If the parking garage is common, with or without assignments, the condo association will clean and maintain the parking. A private garage is the domain of the condominium owner.
Parking Grounds at Montebello
Review your docs
Ultimately, you'll want review your condo documents, charter and by-law to determine exactly how your condo association interprets its domain. Rest assured, a condo owner will have more to maintain than a renter, but significantly less responsibility than the owner of a single family residence or townhouse.
Nesbitt Realty lists and sells property in Northern Virginia.
Take the example of an imaginary agent name Charles Valiant of Imaginary Realty. Charles' client Dana Tennett wants to sell her house. So Dana approaches Charles. Dana signs a 90 day exclusive listing to sell her home. A week later, Charles decides to "chuck" it all. He moves to Japan and puts his license on inactive status.
What happens to Dana's listing? Does it just become an open listing because the agent is gone? Is the listing voidable on the grounds of abandonment? Does the listing remain in effect? Or, is the listing automatically terminated because Charles quit?
A listing agreement is between a broker and a seller, not between an agent and seller. Therefore, Dana listed her property with Imaginary Realty and not with Charles. The listing remains in effect and unchanged. The broker at Imaginary Realty should assign an agent or meet with Dana to select the best agent for the job.
For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
The difference between equitable title and legal title
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…
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…
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…
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.…
Update: Lepelletier case against Judge Tran Dismissed
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…
Nothern Virginia Condo Experts
It should be obvious, but start by choosing a selling agent that cares about you and your condominium. The agent you choose should also understand the benefits and challenges of the condominium lifestyle.
An agent who has never lived in a condo or owned property in a condo might not appreciate the benefits of life without guttering, lawn care or exterior maintenance issues. Your Condo Alexandria agent knows how a condo community functions and just how great it is to own a condominium. A Condo Alexandria agent understands why some units are more than others. A Condo Alexandria agent can help others understand what a great view you have or how nice it is to be close to the parking lot.
Each condo has it's own benefits. We find your unit's benefits and make it obvious so that seller who want your condominium can find it.
5 Sure Signs That Its Time To Sell Your Home
When should I sell my home? This is not always the easiest question to answer. A lot of people don't plan on living in their first, second, or even third home forever, but still knowing when to let go and move on can be tricky. It can feel like ending a long term relationship, it's…
6 Budget Tips For Staging A House To Sell In Arlington
If you are trying to land a great deal for your property in Arlington, then you can't afford to overlook home staging. You'll want to hold a terrific open house- one that leaves the attendees entranced. And the good thing is, you can do that without having to break the bank.
Staging Hints For Sellers With A Place At Stratford On The Potomac In 22308
Are you planning to list your residence? A home that isn’t staged may sell if properly prices. On the other hand, a staged place of residence will sell faster and for more money. What steps can you take now to sell your split foyers-style house in a Split Foyer-style community?
Traditional Townhouses of Carlyle City Residences
According to new U.S. Census Bureau data as interpreted by CNNMoney, the suburbs have the highest concentration of wealthy people, more so than cities.
The wealthy tend to stay near major population centers, according to the study. For example, the region with the highest concentration of wealthy households in the nation is Bridgeport-Stamford-Norwalk, Conn., which is just north of New York City. Nearly 18 percent of residents there make more than $191,469 per year. In the nation, only 5 percent make that income.
The following are the 10 metros with the highest concentration of high-income households, as well as the percentage in each area where households are among the top 5 percent of U.S. incomes. (The study did not take into account the cost of living in these areas.)
This is the 15th year that Remodeling magazine has released the Cost vs. Value Report. The purpose of this report is to compare the cost of an improvement versus the value the improvement will likely add to the sale of your home. If you're thinking of selling this year, take a look at this list and see what might best benefit your home and family. This year’s survey included more than 3,900 appraisers, sales agents, and brokers across the country who provided their opinions and estimates.
The Hallmark Condominium, with 220 spacious one-, two-, and three-bedroom condominium homes, enjoys a prime location in Alexandria, Virginia, with beautiful views over Holmes Run and James Marx All Veterans Park. The Hallmark is convenient to public transportation, the Beatley Central Library, shops, and a local farmers’ market. Hallmark is located at 200 North Pickett Street Alexandria, VA 22304
Hallmark amenities include:
Established in 1974 with a mission to reduce homelessness, increase community support and promote self sufficiency, the Good Shepherd Housing and Family Services is operated by a multi-denominational board of directors and staff managing over 70 housing units. Good Shepherd Housing and Family Services is located in the Mount Zephyr Business Center at 8305 Richmond…
$1,795,000 In Alexandria At Belle Haven // 6 Beds // 6 Full Baths – 1 Half Baths
houses at Belle Haven is in Alexandria 22307 New construction in Belle Haven. On track for spring delivery. Still have time to choose your granite tops, wood floor stain and carpet colors. Masterfully crafted and balancing architectural heritage with contemporary brilliance. Great floor … [Read more] 6 beds, 6 full, 1 part baths Home…
Featured From Villamay $889,000 : 7414 Burtonwood Dr, Alexandria 22307 4 beds, 3 full baths Living area: 2,768 sq. ft. Lot size: 12,956 sq. ft. Year built: 1963 Days on Market: 4 See more Featured From Villamay We like to show off our image library stocked with the latest trends in Alexandria's real estate market.
Nesbitt Realty can help you shop for your next home in 22124. Today's spotlight is on this house in Oakton, VA 22124. 6 beds, 3 full baths Lot Size: 60,275 sq.ft. Added: 02/11/17, Last Updated: 02/11/2017 Property Type: Residential Detached for Sale MLS Number: FX9860968 Subdivision: Vale Spring Woods houses at Vale Spring Woods is…
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…
Decide what you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.You can also check out our affordability calculator.
Develop your home wish list. Then, prioritize the features on your list.
Select where you want to live. Compile a list of three or four neighborhoods you’d like to live in, taking into account items such as schools, recreational facilities, area expansion plans, and safety.
Do you prefer a commuter-friendly location or perhaps even a "walkable" home?
Perhaps you want to live near a specific military installation such as the Pentagon or Fort Belvoir?
Are you looking for a particular ?
Start saving. Do you have enough money saved to qualify for a mortgage and cover your down payment? Ideally, you should have 20 percent of the purchase price saved as a down payment. Also, don’t forget to factor in closing costs. Closing costs — including taxes, attorney’s fee, and transfer fees — average between 2 and 7 percent of the home price. Check out our closing cost estimator.
Get your credit in order. Obtain a copy of your credit report to make sure it is accurate and to correct any errors immediately. A credit report provides a history of your credit, bad debts, and any late payments.
Determine your mortgage qualifications. How large of mortgage do you qualify for? Also, explore different loan options — such as 30-year or 15-year fixed mortgages or ARMs — and decide what’s best for you.
Get preapproved. Organize all the documentation a lender will need to preapprove you for a loan. You might need W-2 forms, copies of at least one pay stub, account numbers, and copies of two to four months of bank or credit union statements.
Weigh other sources of help with a down payment. Do you qualify for any special mortgage or down payment assistance programs? Check with your state and local government on down payment assistance programs for first-time buyers. Or, if you have an IRA account, you can use the money you’ve saved to buy your fist home without paying a penalty for early withdrawal.
Calculate the costs of homeownership. This should include property taxes, insurance, maintenance and utilities, and association fees, if applicable.
Will Nesbitt is the principal broker of Nesbitt Realty
Contact Nesbitt Realty. Nesbitt Realty is a local family-run business that cares about your needs and has helped many people like you successfully navigate the home buying process.
For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
Credit scores from online mortgage shoppers have risen four points since 2011, averaging 734, according to a study by MortgageMarvel.com, which analyzed nearly half a million online mortgage applicants.
Will and Julie Nesbitt of Nesbitt Realty.
Some states are averaging even higher credit scores, particularly among those states known for having high household earnings. The following are the states with the highest median credit scores among mortgage applicants, according to Mortgage Marvel.com:
California: 774
Hawaii: 771 / Oregon: 771
Wisconsin: 766
Connecticut: 765
Delaware: 764
Washington: 764
Colorado: 763
Rhode Island: 763
New Hampshire: 762 / Virginia: 762
Maryland: 761
The states with the lowest median credit score among mortgage applicants are Arkansas (691) and Mississippi (698), according to MortgageMarvel.com.
Source: “Link Between Credit and Mortgages: Not What You Think,” CNBC (Jan. 24, 2013)
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