(703)765-0300

Category: Real Estate

Real estate tips, ethics, law, anecdotes and definition of terms.

Home » Real Estate » Page 6112

New Construction Buying Tip

serving condo owners, sellers and buyers in Northern VA
Nothern Virginia Condo Experts
If you're thinking of buying a newly-built condo or new house, you probably already know that every new development will have its own sales staff. These people are often friendly, helpful and very knowledgeable about the new development. However, these folks work to sell this property only, because the sale staff works for the builder. The on-site staff of a new condominium knows the property as-well-as or better than anyone around and they are there to assist you but they work for the builder. The staff at a new home development probably knows the property very well, but they will tell you want the builder wants you to know. When in the market for a new construction, it's a good idea to work with a Realtor who is there to protect your interests. A Nesbitt Realty agent knows the entire area, not just one development. If you have your own Realtor you can trust that you'll understand the pitfalls and benefits of buying new. Best of all it doesn't cost you one dime more than if you use the onsite staff. You have a right to representation: exercise that right today!

Properties in

$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County
If уоu'rе lооkіng fоr a great buуеr'ѕ аgеnt in {Location_Name}, be рrераrеd to do a lоt оf іntеrvіеwіng. Unless уоu'rе luсkу еnоugh tо have met ѕоmеоnе wіth whоm уоu 'сlісk' right оff the bаt, finding a gооd fit fоr уоur hоmе ѕеаrсh іѕ gоіng to tаkе ѕоmе dеlіbеrаtе evaluation. Yоu саn fіnd buyer's аgеntѕ еvеrуwhеrе - in the рhоnе book, online, аt ореn hоuѕеѕ, at home shows and ѕоmеtіmеѕ іn hobbies that уоu share. Finding a buуеr'ѕ agent іѕ еаѕу. Fіndіng аn аwеѕоmе buуеr'ѕ аgеnt can take ѕоmе tіmе and еffоrt. Buying a home in {Location_Name} may wеll bе thе most еxреnѕіvе рurсhаѕе уоu make іn your lіfе. You nееd tо be соmfоrtаblе wіth thе agent уоu сhооѕе. Thіѕ requires a fасе-tо-fасе interview. You аrе interviewing thе аgеnt, but a gооd аgеnt іѕ also interviewing уоu. You need tо соmе tо a mutuаl dесіѕіоn tо work tоgеthеr. It is nоt іmроѕѕіblе that an аgеnt wіll rеfеr уоu to ѕоmеоnе thеу feel hаѕ mоrе еxреrtіѕе than thеу dо, or that уоu dесіdе thаt you аrе nоt comfortable wіth the аgеnt'ѕ аttіtudе. You want tо know what еxреrіеnсе thе аgеnt has in thе lосаl market. Hоw mаnу years have thеу been іn thе business? Hоw many ѕuссеѕѕful purchases have they assisted with in thе раѕt уеаr? Hоw аbоut hоmеѕ thеу'vе ѕоld? Whеrе іn уоur соmmunіtу do thеу ѕресіаlіzе? Anоthеr іѕѕuе іѕ соmmunісаtіоn. A gооd аgеnt wіll bе сlеаr аbоut hоw аnd whеn thеу will contact уоu. You want to knоw hоw the аgеnt рrеfеrѕ tо соmmunісаtе and whеn thеу will gеt bасk tо уоu wіth аnѕwеrѕ tо уоur ԛuеѕtіоnѕ. You ѕhоuld also іnԛuіrе when thе bеѕt tіmе tо соntасt thе agent іѕ; many аgеntѕ hаvе 'wоrkіng hоurѕ' when thеу аrе аvаіlаblе fоr a рhоnе call. Learn more about buying through Nesbitt Realty

condominium

 

Properties in

$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County
For more information or to set up an appointment call Julie at (703)765-0300.

Why will you love Saintsbury Plaza Condominums?

Saintsbury Plaza is located in Vienna VA and showcases beautiful garden style condominiums. Salisbury Condos are walking distance to Vienna Metro on the orange line and minutes off Interstate 66. Commuting into Washington DC is roughly a 30 minute drive or a quick train ride from Vienna. Location is everything at Saints bury Plaza. Shopping & dining is ample and close by.  Spectacular school's are right around the corner.
$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County
 
Stuart Nesbitt, RealtorStuart Nesbitt is a Realtor™ licensed in the Commonwealth of Virginia. His office is located in Fairfax County near the City of Alexandria in Belle Haven. He was born and raised in Northern Virginia and attended Fairfax County schools. Call him at any time to discuss your real estate needs.

#1 Community to Raise Children: Arlington County Public Schools

Arlington County Public SchoolsArlington Public Schools is located across the Potomac River and Washington D.C. in Arlington, Virginia. While the county has one of the smallest land areas in the commonwealth, it still ranks as 15th largest among Virginia's school divisions. The county runs 26 square miles and has 22 elementary schools, 5 middle schools, 3 high schools, 1 secondary school, and 6 other school programs. The area is very diverse with students from 126 nations and 98 different languages. Arlington Public Schools is a great place for your children to learn; Newsweek and the Washington Post rated all of its high schools within the top 2% of the US. In 2010, Parent Magazine rated Arlington #1 community to raise a family. In addition, 94% of APS parents grade their child's school with an A or B, compared to the 46% national average. Check it out! Source: apsva.us
find homes by school district

Homes for Sale In Arlington

Properties in

$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County

  • Julie Nesbitt

    Julie Nesbitt
    Julie Nesbitt knows the back trails and by-ways of Northern Virginia real estate.

    Read More

  • Enjoying Winkler Botanical Preserve

    We had a great time walking the trails. 

    Read More

  • Don’t take chances with real estate.

  • REDUCED: 7202 Churchill Rd, McLean

    Open House, Sunday, 1-4 BIG PRICE DROP! 7202 CHURCHILL ROADMcLean, VA 221016 Bedrooms5.5 Bathrooms6,752 SF $1,695,000

    Read More

  • Good Shepherd Housing and Family Services

    Fairfax County
    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…

    Read More

5 Factors That Decide Your Credit Score

Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: 1. Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.Credit Cards photo credit: Andres Rueda photo credit: Andres Rueda 2. How much you owe. If youowe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it’s a good thing if you have a good proportion of balances to total credit limits. 3. The length of your credit history. In general, the longer you have had accounts opened, the better. The average consumer's oldest obligation is 14 years old, indicating that he or she has been managing credit for some time, according to Fair Isaac Corp., and only one in 20 consumers have credit histories shorter than 2 years. 4. How much new credit you have. New credit, either installment payments or new credit cards, are considered more risky, even if you pay them promptly. 5. The types of credit you use. Generally, it’s desirable to have more than one type of credit — installment loans, credit cards, and a mortgage, for example. For more on evaluating and understanding your credit score, visit www.myfico.com.

Properties in

$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County

Turnberry Tower: Tower Suite

Floor plans of tower suite
The tower suite unit has three bedrooms, one den, one family room, one dinning room, one staff room, and five and a half bathrooms. After Entering the master bedroom from the balcony there are two wardrobes, his bath and her bath and a dressing room. Just before the gallery is the emergency exit. Along the way to  the kitchen there is a staff room with a walk in closet, and a bathroom. Inside the kitchen there is an entrance to the formal dining room and a passage to the grand salon and bar. At the grand foyer there is a library / media room. Next there are several closets, three bathrooms, and two parallel bedrooms. On the outskirts of the unit there is a balcony. Before exiting the unit there is a laundry room.

Properties in

$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County

A walk on the waterfront

Fortune Teller at waterfront
Fortune Teller in Old Town
I took a walk on waterfront in Old Town Alexandria VA last night. The temperature was absolutely perfect as was the humidity. There were crowds, but it wasn't too much. I saw folks rushing to the Nina Dandy and other boats for an evening of cruising. There were several street musicians playing King St. At the pass-thru under the Torpedo Factory, a gentleman was playing the saxophone. And down along the water a street magician was showing his stuff. The balloon men were there creating animals and entertaining the children. A fortune teller was portending the future. A parrot rescue group had a flock of parrots and similar birds which were available for photos. But then a light misting rain started to fall and the crowds scattered. At first they hid in the Food Court and on the trolley. The musicians were the first to pack, and they packed quickly to ensure their instruments weren't damaged. The mule drawn carriage pulled off and soon the streets were quiet. We walked around a bit, enjoying the peace and quiet. And then we were gone as well.
Street Magician
Street magic at the water front in Old Town Alexandria VA
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.

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. Once the contingency ends the contract could end or the contract is valid without the contingencies agreed upon. Usually the buyer is more eager to have a contingency plan but in today's economy and market they are more widely accepted by both sellers and buyers. Nesbitt Realty can help you with your contingencies in your contract. For more information or to set up an appointment call Julie at (703)765-0300.

Have a Nice Walk in the Park at Mount Eagle

 

Properties in

$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County

You’ve been prequalified … what now?

I met with a first-time buyer over the weekend. She was prequalified by her lender. Prequalifying helped frame her choices. It's a waste of time and energy to look at homes that are outside of the budget, so prequalification is the first step for any home buyer. Here are the steps that we'll be taking on the road to home ownership.3D Realty Handshake
  1. Tour properties --- We took a top level tour of some of the properties that are in her budget. This gives the client something concrete and real to think about so that she can decide whether this home ownership thing is for her or not. In addition to the units we saw, I can think of a number of places that would also fall within this client's budget and still offer a very reasonable commute to Ft. Belvoir. But I wanted to get her impressions of these places before going on a bit deeper.
  2. Revisiting --- We'll revisit those communities that hold the greatest interest and look at everything available in those communities.  (So far we just did a top level search.)
    • A few more choices --- If none of these really feel right, we'll find a few more to consider and continue with the search.
  3. Make an offer --- When we've found the property that stirs the soul, fits the budget and feels right, I'll write up an offer. At that time I'll collect "earnest money".
    • The earnest money is evidence that the seller is serious about the purchase and is held in escrow until the sale is completed. We'll submit a preapproval letter, a copy of the earnest money deposit and the signed offer for the seller to consider.
  4. Negotiations --- Sometimes there is a difference between the asking price and the selling price. The selling price is determined by negotiation. We'll pass drafts of the contract back and forth until the buyer and seller have agreed on all terms.
  5. Loan processing --- Julie at Condominium Mortgage will then collect documentation from the client. This documentation will serve the purpose of proving the representations made in the loan application process. The buyer will produce pay stubs, bank statements etc. Julie will also order an appraisal as required by all lenders.
  6. Settlement --- Settlement is the word used to describe the actual transfer of ownership. We'll settle on the property in a timely fashion on an agreed upon date. Settlement will occur at a title company's office and a settlement agent will ensure that funds are present as is marketable title.
  7. Ownership --- Here's where the fun begins ... as does the responsibility of home ownership.

Properties in

$address
See Homes in Alexandria
Explore homes in Alexandria
$address
See Homes in Arlington
Explore homes in Arlington
$address
See Homes in Fairfax County
Explore homes in Fairfax County
For more information or to set up an appointment call Stuart at (703)765-0300.  

What are the steps of buying a home?

It's a waste of time and energy to look at homes that are outside of the budget, so prequalification is the first step for any home buyer. If you choose to work with Nesbitt Realty here are many of the steps that we'll be taking on the road to home ownership.
Julie Nesbitt
Julie Nesbitt is an Accredited Buyer's Agent and Top Producing agent.  Put her experience to work for you.
  1. Tour properties --- We'll take a top level tour of some of the properties that are in your budget. This gives the client something concrete and real to think about so that you can decide whether this home ownership thing is for you or not. It also gives us a chance to see which properties most interest you so that we can rely upon our experience to identify communities and properties you may have overlooked.
  2. Revisiting --- We'll revisit those communities that hold the greatest interest and look at everything available in those communities.
    • A few more choices --- If none of these really feel right, we'll find a few more to consider and continue with the search.
  3. Make an offer --- When we've found the property that stirs the soul, fits the budget and feels right, your agent will prepare an offer. At that time we'll collect earnest money.
    • The earnest money is evidence that the seller is serious about the purchase and is held in escrow until the sale is completed. We'll submit a preapproval letter, a copy of the earnest money deposit and the signed offer for the seller to consider.
  4. Negotiations --- Sometimes there is a difference between the asking price and the selling price. The selling price is determined by negotiation. We'll pass drafts of the contract back and forth until the buyer and seller have agreed on all terms.
  5. Loan processing --- Your loan officer will then collect additional documentation from the you and from your agent. This documentation will serve the purpose of proving the representations made in the loan application process. The buyer will produce pay stubs, bank statements etc. The loan office and agent will also order an appraisal as required by all lenders.
  6. Settlement --- Settlement is the word used to describe the actual transfer of ownership. We'll settle on the property in a timely fashion on an agreed upon date. Settlement will occur at a title company's office and a settlement agent will ensure that funds are present as is marketable title.
  7. Ownership --- Here's where the fun begins ... as does the responsibility of home ownership.

Real Estate for:

Buying in Northern Virginia?

Buуіng a hоuѕе in {Location_Name} іѕ both а wonderful and gratifying task. Yоu mау nееd tо juggle competing prioritieѕ іn оrdеr tо ensure thаt you get the results you want. Although it's great to buy a home, hоmе buуіng саn bесоmе a reason for ѕtrеѕѕ аnd аnxіеtу in many реорlе. However, іf buy with a Nesbitt Realty agent, we can take all the stress out of the process. Our agents know where and how to find the best properties for your needs. Our agents are experienced with deep local connections. And we can save you thousands on your purchase. Reach out to Nesbitt Realty to learn more about  your options in {Location_Name}. [Learn more about buying with Nesbitt Realty]
https://youtu.be/TpBQ7b4Qibc
In Northern Virginia, Nesbitt Realty & Property Management competently provides you with property management solutions that are crucial for the smooth operation of your properties and, more importantly, for the increase in desirability and the enhancement of its investment value. your properties operate smoothly, increase in desirability and enhance investment value. There are a number of property owners, investors, and landlords across Northern Virginia rely solely on Nesbitt Realty to achieve their superior property management performance and profitability goals. It does not matter if your properties are single-family houses, condos, duplexes, or townhouses because Nesbitt Realty will manage your property in {Location_Name} with a team of very dedicated, full-time property managers. We are experts at attracting and retaining highly desirable tenants. Learn more about property management now! Our real estate professionals love to assist you in achieving your real estate objectives because they care about their clients.  
Rental Agents cannot tell you what you need or which property in {Location_Name} to choose, but they can give you invaluable advice. Once you have identified your requirements, then contact our Rental Agents to help you find the right property. Explain clearly to the agent about what you are looking for. Our agents know the area and the market well, and if they know what you want, they can probably take you directly to a property that ticks off all the right boxes. [Read more about rental agents.]

703 765 0300