Nesbitt Realty rebates a portion of our commission to buyers at Midtown Alexandria Sta. Ask us how you can save thousands on your purchase.
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Today we're featuring this property for sale at River Towers in Alexandria Virginia. We highlight properties that are interesting, unique or just good deals. This 1 bedroom property is listed for $168,000. We like to keep our eyes open for home buying opportunities for our clients.
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George Washington Masonic Memorial
It’s one of our biggest investments and most of us will buy a home more than once during our life. Our modern dynamic lifestyle and economy, calls for flexibility, mobility and frequent changes. People are following their jobs and careers even if it means moving from one side of the nation to the other. So if you're buying a home in Alexandria VA, at the same time you should probably be thinking about selling a home in Alexandria VA.
Alexandria VA is one of the most expensive real estate markets in the US (or the world for that matter) but it's also one of the best places to sell a home. No matter what part of Alexandria you're considering you have to keep in mind the three most important factors in real estate value:
location,
location and
location.
The Preston is located near Potomac Yard shops, restaurants, and movies. Metro bus right outside the door.
Indeed, it’s first thing to consider when looking for a home. There are some general elements which are obvious like:
Does the neighborhood have easy access to shopping and groceries?
Is the neighborhood served by a good school?
How is the view? Is the home close to the Potomac?
What's the traffic like at various times of the day? Do you have a lot of cut through traffic or are you in a quiet corner of the center of the world?
How are the neighboring properties kept?
Consider the orientation of the house. Depending upon the time of the year the sun will set in different places and this can impact comfort and view.
How big is the lot? How private is the lot?
What sort of lay-out does the home have? Does the floorplan work for you? Does it work for others?
Are the kitchens and baths new or do they need updates?
Nice walk-in closet
In addition to these top level and obvious concerns there are other factors that can determine value:
- Closets, lots of closets and with as much additional storage space as possible. (Some of the older homes in Alexandria are bereft of closet-space.)
- Light and bright - Homes with lots of natural lighting are very popular. Keep in mind the orientation as mentioned above. A home can be seasonally bright.
- There are a great many telecommuters in Alexandria. Does the home provide a suitable room to be set as a home office.
- Is the laundry convenient? Are the appliances updated?
- A spacious basement is a plus.
Features to avoid
- One-bath homes can sell for significantly less than homes with at least two baths and they take longer to sell.
- Electric baseboard heat and electric ceiling heat are usually not as desirable as central heating systems.
- A fireplace in the living room is usually a plus. In older/historic homes, the fireplace might need some attention.
Your first objective is to buy a home that's right for you, but it's important to estimate the resale value before you make the final decision, especially if you know you'll move again within three to five years. A careful purchase now will help give you extra funds to move up with the next time you buy a home.
Just Listed in Alexandria VA
Aubrey Nesbitt
Read Your Contract Carefully
Many renters barely even skim their rental agreement before signing their name at the bottom. Most renters are primarily concerned with the monthly charges, one time only fees, required deposits and other financial matters. Once they verify this information is accurate according to their conversations with the leasing agent, they often sign the agreement with no questions asked. This is a mistake because a rental agreement is a legal contract which may have a host of important information which the renter should be aware of before signing the document.
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Unfinished homes present a great way to save a lot of money and get yourself a new home in the process. If you buy an unfinished home, you can keep your monthly mortgage payment low and also lower your initial investment. You may also be able to buy a larger foundation size as well, which you can easily
Julie and Will Nesbitt pause from property management to take a quick picture.
add on to and save money in the process.
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Stuart strikes a pose at the office
If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are the ten:
1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.
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Call Nora at (703)765-0300
One of the most important aspects of any home that you move into is, without a doubt; the area. Homes may look fantastic online, but there is always the possibility that the area this fantastic home is in may be less than desirable. Before you move to any new town, subdivision or city, its a good idea to do a little research and find out as much as possible about the place that you are considering calling home.
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Ronald Ginyard, Sr. is a retired US Marine.
Congratulations to Ronald Ginyard, Sr. for his certification as a Military Relocation Professional.
A certified Military Relocation Professional has received specialized training about about working with current and former military service members to find the housing solutions that best suit their needs as sellers or buyers. Ron is fully versed on how to help military personnel take full advantage of military benefits and support. Ron has special skills that allow him to provide the real estate services at any stage in the service member's military career that meet the needs of this niche market and win future referrals.
[More about military relocation in Northern Virginia]
Military Relocation ProfessionalEducation is for improving the lives of others and for leaving your community and world better than you found it. -Marian Wright Edelman
Julie Nesbitt
January and New Year's Day give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses.
1. Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm weather to buy real estate. Get the edge with little competition from other buyers.
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