Condominiums In Alexandria

5500 HOLMES RUN PKWY, Unit 1420, Alexandria VA, 22304 Alexandria has gained a lot of improvement in the past years that we started to see high-rise buildings and condominiums starting to pop out everywhere. Some of us might not be fully aware of what a condominium is and how it is different with other forms of shelter. A condominium is a housing unit that is found in a large building. This large building is divided into smaller spaces which are often called condominium units. These condominium units are owned by individuals who purchase a unit in a specific condominium. Continue reading

Consider the Amenities

Stuart takes a moment for a picture at the office
Stuart takes a moment for a picture at the office
The amenities on a rental property can often be the deciding factor for many renters. The available amenities may make a less affordable property seem more appealing. Conversely a property which is more expensive may be considered worthwhile if the amenities offered are considered valuable enough to compensate for the higher price. When making this decision, homeowners should consider their own personal preferences as well as their budgetary constraints to make an informed decision. Before making a decision to rent a property, the renter should carefully consider which amenities are necessary, which amenities are optional but highly desired and how much the renter is willing to pay for these amenities. Continue reading

7 Shortcuts to Internet Home Buying in Northern Virginia

Will Nesbitt, Principal Broker
Will Nesbitt, Principal Broker
Searching for a home is becoming easier every day with more access to web sites across the country Realtor.com is the king of real estate listings. There are real estate company sites such as nesbittrealty.com where you can access the local affiliates and all their listings in Northern Virginia. Or a little back door play is to go to the state board of realtors where they list all the local realtor boards and the local MLS sites. 1.nesbittrealty.com – The number 1 real estate web site. Has easy access to its real estate listings around the world. The “maps”  "coverage areas" "find your perfect home" "just listed" "featured properties" website allows you to enter in your criteria and will notify you of any updates or new listing you can select to have the emails sent daily or weekly. Nesbitt Realty's system is state of the art in high tech features when you request information on any of their listings your request goes one stop and then directly to the agent’s phone who listed the home. During normal business hours you should get a return call within minutes with all the up to date information directly from the listing agent. No other real estate company or lead source has anything that approaches this system.Continue reading

Finding A Real Estate Agent in Alexandria

You got time to buy, sell, rent or have your property managed? Nesbitt Realty (703) 765 0300
Nesbitt Realty (703) 765 0300
Whenever you buy or sell real estate in Alexandria, you may be like many other people out there, in thinking that you don’t need a real estate agent. Some first-time buyers think that a real estate agent is a waste of money. What they aren’t aware of, is that real estate agents are normally paid by the seller, not by the buyer. As a buyer, you’ll get to work with a professional real estate agent without really having to pay for it yourself. More importantly Nesbitt Realty refunds thousands of dollars to buyers which actually saves you money!Continue reading

What is a Realtor and why do you need one?

Northern Virginia Association of Realtors
Northern Virginia Association of Realtors
Only real еѕtаtе professionals who аrе mеmbеrѕ оf thе Nаtіоnаl Association оf Rеаltоrѕ саn саll thеmѕеlvеѕ Rеаltоrѕ. Nоn-Mеmbеrѕ are оnlу Rеаl еѕtаtе аgеntѕ оr Sales реорlе. Every agent at Nesbitt Realty is a Realtor. There аrе ѕеvеrаl amazing bеnеfіtѕ оf uѕіng Rеаltоrѕ оvеr a ѕаlеѕ person. All Rеаltоrѕ (mеmbеrѕ оf the Nаtіоnаl Aѕѕосіаtіоn оf Realtors) аrе bоund to a ѕtrісt соdе оf еthісѕ. Thеіr code is based оn рrоfеѕѕіоnаlіѕm аnd рrоtесtіоn оf thе public. Random real estate agents dо not hаvе to аbіdе bу thеѕе соdеѕ. If you сhооѕе tо uѕе a Realtor уоu саn be ѕurе that thеу аrе honest аnd ethical іn аll аѕресtѕ оf rеаl estate and business. If they аrе not, they wіll not bе a realtor long. Thе Bіggеѕt benefit of uѕіng a Rеаltоr over an Agent іѕ access to thе MLS, the Multiple Lіѕtіng Service. Thіѕ is a private service thаt only Realtors uѕе tо ѕhаrе lіѕtіng with оthеr Rеаltоrѕ. If уоu uѕе a Realtor they рut your Hоuѕе on thе MLS аnd thоuѕаndѕ оf оthеr Rеаltоrѕ саn easily access thе іnfоrmаtіоn аnd find a buуеr fоr a hоuѕе you аrе ѕеllіng. Or Yоur Rеаltоrѕ саn access оthеr Realtors lіѕtіng to find you the hоuѕе thаt mееtѕ your сrіtеrіа the bеѕt. Sоmе оf the рrіnсіраlѕ that Rеаltоrѕ muѕt follow include:
VA Association of Realtors
Nesbitt Realty is a member of the Virginia Association of Realtors
Protect and promote thеіr сlіеntѕ bеѕt interests. A gооd Rеаltоr knows whаt the client's wants аnd nееdѕ аrе. Fоr еxаmрlе, a good Rеаltоr wіll knоw whаt a сlіеnt саn аffоrd in a hоmе рауmеnt аnd wіll nоt put anyone іn a home that thеу саnnоt аffоrd оr wіll hаvе trоublе mаkіng their mоrtgаgе payment. Thеу wіll also mаkе sure thаt their сlіеnt hаѕ gоt hоmе іnѕресtіоnѕ dоnе оn thеіr роtеntіаl house tо еnѕurе thеу made a gооd buy. Rеаltоrѕ should be knоwlеdgеаblе аnd соmmіtmеnt іn the fіеld of rеаl еѕtаtе. It'ѕ іmроrtаnt tо fіnd a Realtor who rеаllу ѕtudіеѕ whаt іѕ gоіng оn іn the rеаl еѕtаtе іnduѕtrу. A good Rеаltоr wіll knоw if thе mаrkеt is ѕtаrtіng tо dip, rіѕе or іѕ gоіng tо stay flat. How dо thеу know thіѕ? Wеll Rеаltоrѕ are іn thе MLS, оut looking аt hоuѕеѕ аnd studying thе mаrkеt every dау. If a realtor does nоt ѕоmеhоw keep trасk оf what they are seeing then thеу hаvе fаіlеd as Rеаltоrѕ and as your hіrеd gun. I knоw mаnу Rеаltоrѕ оut thеrе whо thіnk thеіr оnlу job іѕ tо ѕеll hоuѕеѕ. But the jоb оf a gооd Realtor іѕ to know every аѕресt оf thе real еѕtаtе industry fоrm rеѕіdеntіаl, соmmеrсіаl, аnd rеаl estate іnvеѕtіng.
Realtor pin
Realtor
Thеrе hаѕ been great fееdbасk frоm buyers аnd ѕеllеrѕ іn the раѕt fеw уеаrѕ аbоut working wіth Rеаltоrѕ. Sellers аrе rероrtіng thаt an аgеnt'ѕ rерutаtіоn wаѕ the mоѕt important fасtоr іn thеіr ѕеlесtіng thе Realtor they dіd. Iѕ thаt truе wіth уоu? I bеlіеvе that working with the bеѕt Rеаltоr іn уоur аrеа is important. Everyone wаntѕ tо wоrk wіth thе best. Hоmе buyers аnd sellers bоth rероrt thаt thе bіggеѕt benefit thеу received from uѕіng a Rеаltоr was help undеrѕtаndіng thе hоmе buуіng/ѕеllіng рrосеѕѕ. I can rеаllу ѕее thаt аѕ bеіng a hugе bеnеfіt. If you do not understand the whole process thаt goes into buуіng/ѕеllіng a hоmе it could cost you thоuѕаndѕ and hundrеdѕ оf hоurѕ.

Alexandria and Arlington Real Estate exchanges with Nesbitt Realty

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Nesbitt Realty is a top-ranked brokerage serving buyers, sellers, renters, and Landlords throughout National Capital Region in Northern Virginia and Suburban Maryland.

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Nesbitt Realty is a family-run Real Estate brokerage with a small-town touch.

Buying a new home checklist

Are you thinking of buying a new home?

There are several key steps that your Virginia Licensed Real Estate Agent will help you through. Knowing what these are in advance can help you not be surprised later on:
your lender
Nesbitt Realty never makes any money from your loan. This frees us to make the most objective recommendation possible.
  • Know your budget, consult with a financial institution about what you can be pre-approved for.
  • Know your needs, including:
    • Number of bedrooms
    • Location
    • Walking distance to a bus stop
    • Walking distance to a metro stop
    • Price
    • Property condition
    • Age of the property
    • Garage Parking
    • Schools
  • Amenities (for condos)homes with a garage
    • Indoor/Outdoor pool
    • Putting Greens
    • Tennis courts
    • In unit washer/dryer
    • Utilities included in condo fees
    • Basketball courts
    • Bowling
    • Concierge service
    • Controlled access
  • Realize that something will have to give to get what you want, prioritize your needs so that you can get the most important features. Use our school search to find homes for sale in a particular school district
  • Budget time and money:
    • Finding any home is easy. Finding the right home requires time invested in looking at properties.
    • Money for down-payments and closing costs can vary from a couple percentage points to a cash purchase where you provide the entire amount up front.

Budget

A house on moneyHow much you can afford is very important to consider when buying a new home.  As a rule of thumb, some experts suggest paying 25% of your salary towards your mortgage. Fortunately, for people living in Northern Virginia, there are several job centers like the Mark Center, Inova Hospitals, USPTO, NOVA Community College, Fort Belvoir and Reston Town Center in the area which offer high paying salaries.

Size

Would you like to have roommates? Do you have a wife and plan to start a family? These are questions to consider before taking the step towards home ownership. Depending on your circumstances you might prefer a 2 bedroom condo in Courthouse, instead of a 1,000,000 home in Mount Vernon.

Location and Atmosphere

Northern Virginia has a vast array of neighborhoods. For example, Arlington has a bustling metropolitan scene that is just a few metro stops away from DC. On the opposite end of the spectrum, there is Woodbridge, which is a quieter small town type of area, which attracts commuters. Alexandria is a nice middle ground in between the two aforementioned neighborhoods. Alexandria has plenty of nightlife, restaurants, and shopping in a variety of neighborhoods like Old Town, West End, and Fairfax County.

Type

Condo? Townhome? Single family home? Each of these homes has their own advantages and disadvantages. Condos are nice because some include amenities, like a pool, fitness center, or dry cleaner, all conveniently located in the condo community. Some may prefer a home, because there aren’t any condominium fees.

 Commitment

A mortgage is a long term commitment.  It is important to factor in job security when preparing to purchase a home. For those who end up having to leave the area, whether it is temporary or permanent, there is the option of hiring a property manager so that you can rent out your home and collect rent on it while you’re gone.

 Credit Score

To be considered a serious buyer, the first step to buying a home is to get pre approved. Getting pre approved can speed up the home buying process. One way to improve your credit score is to always pay your bills on time. Another way to build your credit is to open a credit card and use it monthly and pay it on time.  

Properties in

For more information or to set up an appointment call Stuart at (703)765-0300.
Call Nesbitt Realty if you need help buying a home in Northern VA.
Call Nesbitt Realty if you need help buying a home in Northern VA.