I hit the jackpot!

Here's a republish of an article I wrote back in 2008. It's still true, years later. I hit the jackpot! Yes ... that's right. I hit the jackpot. I won the lottery. Mine is the lucky number. I won't be giving up my blog or my real estate business because I won the jackpot. In fact, I'll be working harder than ever.  But today, I pause to give thanks to God and family and friends and clients for this wonderful life of mine. To tell the truth, I didn't hit the lottery today. I won the lottery on the day I was born and I've been reaping the benefits ever since. The best part is ... I didn't even have to buy a ticket. You see, I was born in the United States of America, which means that I already have life better than most of my fellow man. I've never known war, or famine or pestilence. I've enjoyed an ever increasing standard of living since the day I was born.  If you were born in North America you probably won the lottery too. crystal turkeyBut ... It gets better than that. I was born in the Commonwealth of Virgina, the Mother of States, the Mother of Presidents, the Capital of the Confederacy and the Pride of Dixie. The Commonwealth of Virginia, where Captain John Smith founded Jamestown. The state which George Washington and Thomas Jefferson and James Madison and James Monroe and William Henry Harrison and John Tyler and Zachary Taylor and Woodrow Wilson all called home. The state where Robert E. Lee fought and eventually surrendered. The home of the Pentagon and the USPTO and the epicenter for the technology revolution. The Commonwealth of Virginia, most beautiful state in the Union, from the Blue Ridge Mountains to the sparkling beaches of the Eastern Shore. The Old Dominion cradled me as she cradles the Chesapeake Bay, one of the largest and most important estuaries on the Atlantic. It gets better than that. I was born in Fairfax, one of the most prosperous counties in the nation. I make my home where where the Piedmont meets the Tidewater, on a ridge overlooking the Potomac River in a place called Belle Haven---one of the nicest neighborhoods in Fairfax County and Alexandria.  My trusted, loyal and beautiful wife is busy making a Thanksgiving feast. My sons are healthy and headed for home. Life could be better ... but I really don't know how. So, today, I give thanks. Thanks to God, family, friends, clients and country for all that I have been given. I rededicate myself to the purpose of good and wish you and all of yours a safe and Happy Thanksgiving. I hope your Christmas is merry and expect you to have a prosperous and healthy New Year. Belle Haven view   For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.  

How Men, Women Differ on Home Buying

Men are from Mars, women are from Venus — and that couldn't be more true when it comes to home buying. According to Prudential Real Estate's third-quarter Consumer Outlook Survey, men and women are quite different when it comes to what they value most about home ownership and the process of buying and selling. Women enjoy the home search more than men, with 87 percent of women versus 77 percent of men saying they like looking at homes, the survey finds. More women associate home ownership with "pride," "accomplishment," or "independence," while men tend to associate it with "control over living space" and "more space for my family." "As the real estate market strengthens and household formation grows, men and women approach the buying-selling process from different angles," says Earl Lee, president of Prudential Real Estate. "What's most interesting is the dynamic that exists among couples and the role that agents play in balancing couples' real estate objectives." Agents may often find themselves stuck in the middle, but both sexes say they trust their agent to be the voice of reason and settle any disagreements among couples. Eighty-three percent of survey respondents say their real estate agent was helpful in moderating an agreement, and 86 percent value the agent's point of view as much as — or more than — their partner's, according to the survey. Both sexes cited "honesty" and "knowledgeable" as the most important traits in a real estate agent. Men and women tend to take on different responsibilities when it comes to home buying, the survey finds. Men take on more of the financial aspects, while women tended to take the lead on planning aspects, such as neighborhood research. Nearly 40 percent of men said they researched banks and secured the mortgage; 42 percent of women said it was their responsibility to manage appointments, and 34 percent took the lead in researching neighborhoods. When it comes to the most important home features, men and women are mostly in agreement. Both genders ranked "safe neighborhood," "overall condition of home," and "number of bedrooms" the highest. Source: Prudential Real Estate

What’s the difference between a Mid-Rise Condo and A High-Rise Condo?

Mid-rise condos have 4 to 8 floors. High-rise condos are 9 stories or more.  Most high-rise condos are located near the center of the city, which may provide a better commute to work. Most condos also include a variety of amenities, including laundry services, pools, convenience stores. Some condos even small grocery stores located within the building itself.

Properties in

Properties in

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

Contingencies in Real Estate Sales Contracts

Real estate contracts often have contingencies. A contingency is a clause in a contract that gives either the buyer or seller a way to get out of the contract if certain conditions or timelines aren't met. A contract could be contingent on anything a buyer and seller agree to, but there are a few very common contingencies. Typical contingencies are:
  • financing
  • sale of home
  • home inspection
  • appraisal
Generally, a contingency only last for a period of time and the contingency expires. After a contingency expires, either the contract expires or the contingency expires depending upon the terms of the sales agreement.contract For example, Mary needs to needs to sell her present home before being able to get financing on a new condo she wants to buy. So Mary makes her offer contingent upon the sale of her existing home. If Mary is able to sell her home sold within that time period specified by the contingency, she can go forward with her purchase of the new condo. But if she fails to sell within the specified time period, the condo seller has the option of getting out of the deal. Whenever possible, seller's prefer offers that don't have contingencies. This is because sellers usually believe that they can find another buyer capable making a purchase without contingencies. However, in today's market, sellers are more willing to accept contingencies than they have been in years. So contingencies, like appraisal and home inspection, are quite common and meet with little resistance from sellers. The exact terms of a contingency, like everything else in a real estate contract, are negotiable. As your agent I can help guide you to make sure your contract has the right contingencies. For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.

Belle Haven Country Club

  The Belle Haven Country Club is located near the intersection of Fort Hunt, Route 1, and I-95/I-495.  Situated near Belle View Condos, River Towers, Montebello, Hunting Creek Club, and Midtown Alexandria Station it's within easy reach of the Huntington Metro.  It's beautiful greens are accentuated by many offerings
Belle Haven golf course
All roads lead to the bunker
  • Catered weddings and social events
  • Outdoor and Indoor Tennis
  • Outdoor pool
  • Fitness center
  • 18 holes and over 6900 yards
For more information or to set up an appointment call Stuart at (703)765-0300.

The differences between cities, counties, towns and unincorporated settlements in Virginia

For many, especially those who are new to the area, the system of jurisdictions that we have in the Commonwealth of Virginia can be confusing. This is especially confusing in Northern Virginia, where Virginia intersects with Washington DC and the State of Maryland. Fortunately I have a fresh bottle of CONFUSION-B-GON to spray liberally as needed.

Around our nation's capital

Let me start with my single-biggest pet peeve among newcomers: the term "DC proper". I have seen this term used regularly on a site that claims to provide local information. That information is provided by people using anonymous handles. Anonymous handles should be your first clue not to completely trust the information you find. At any rate: there is no such thing as "DC proper". There are three main jurisdictions here: Virginia, Maryland and Washington DC. It is very common to live in Northern Virginia or Suburban Maryland and work in DC. Virginia is as different from DC as New Jersey is from New York. With a wink and a smile I have to inform you that just because you thought your job was transferring to Washington doesn't mean that you're moving to DC proper or improper.

Virginia jurisdictions

One of the keys to understanding Virginia real estate for a property search is to understand the differences between towns, counties and cities. In Virginia, as in most other states in the US, a county and an area administer below the state-level by local / county government. Counties are often rural areas, but Fairfax County has over a million residents and has very little rural land left. Fairfax County aside, a county may have one or more towns within it's borders. In Virginia a town, no matter how many people live in that town, is part of a county and is managed by the county. In Virginia, towns often have governments but these governments are subordinate to and part of the county where the town is found. In addition to counties, Virginia has a fairly unique concept called a city. A city is like a county, except it is more urban than rural. For example Falls Church and Alexandria are both cities. Cities, unlike towns, are not subordinate to counties. Cities are independent and operate on a level similar to counties. This can be particularly confusing in Fairfax County. Fairfax County is a large mostly urban county and it surrounds Fairfax, an independent city. So the City of Fairfax is surrounded by Fairfax County, but it's not a part of Fairfax County. Falls Church, Alexandria and Fairfax are all cities. Manassas and Manassas Park are both cities, and both are surrounded by Prince William County.

Real estate is sorted by county

It's important to understand this system of administrative organization because land tax records are stored by the county or city. Because tax records are organized by the county or city, real estate property searches are often sorted by the administrative jurisdiction. For a newcomer it can be a little difficult to tell the difference between Fairfax and Fairfax County, between Manassas and Manassas Park and Prince William County. Another point of confusion is Arlington. Arlington is a city in a practical sense, but Arlington is a county. Herndon, Vienna and Clifton are all towns located in Fairfax County, which mean that these towns have local governments subordinate to the county. Springfield is much bigger than Clifton, but Springfield is not a town. Another curious case is Crystal City. Crystal City is located in Arlington County. Interestingly, Crystal City is not a city nor is it a town!

Unincorporated settlements

Which brings us to the next point of confusion in the area. There are many unincorporated neighborhoods, villages, towns and settlements in Northern Virginia. Unincorporated just means there is no local (i.e. town) government. Rather than having a town government, an unincorporated town is managed by the county. Springfield, Annandale, Bailey's Crossroads, Mclean Tysons Corner and Reston are just a few of the many unincorporated towns in Fairfax County. In places like Springfield this can be a little confusing because without a town there is no formal border between Franconia and Springfield and thus no hard and fast distinction between the two. In addition, with the near completion of Kingstowne, Franconia-Springfield is now home to one of the largest planned communities/subdivisions in the area. Kingstowne is considered a town in and of itself by many.

Post office address

To make matters even more confusing for newcomers, there is the matter of the post office. The postal address of a property is not always an indicator of the jurisdiction of a property. For example, many addresses in Fairfax County have an Alexandria address. Service from the Alexandria post office has no bearing on the county or city of the address in question.

Confusion-B-Gon guarantee!

Well, that's the last of this bottle of CONFUSION-B-GON. If you're still confused, no worries. Contact Nesbitt Realty. Tell us what you seek and we'll find the property for you! For more information or to set up an appointment call Stuart at (703)765-0300.

What parks are near Old Town and Belle View?

A bench right across from the biking / running / walking trail
A bench right across from the biking / running / walking trail
One of the single greatest attractions on the west side of the Potomac River is the George Washington Parkway. This parkway stretches along from Mount Vernon Estates through Belle View and Old Town up north of Arlington.  Along the shore are scattered a bevy of parks from Theodore Roosevelt Island, the LBJ National Grove, Gravelly Point Park, Fort Marcy, and Turkey Run Park.  The GW Parkway even boasts a view of a rare Bald Eagle and its nest on the Belle Haven Country Club just south of Old town.  Learn more about great boons to property in Northern Virginia.

Properties in

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

Homes for sale at Victorian Hills

Nestled between King Street (Route 7) and West Braddock Road in Alexandria VA, Victorian Hills dates back to the late 1960s.  These beautiful single family homes are a rare find.  With ample size lots and a secluded feel granted by trees with history this community combines being close to the heart of Alexandria without the metropolis feel.  The colonial style construction gives a comforting air that can only say "Welcome Home".

Properties in

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

Why do I need a realtor?

When you are looking to buy or rent a home, a licensed real estate agent provides a variety of unique skills and connections to ensure you get a much better home.
  1. First and foremost a Realtor brings security.  People know what they want in a home, but very few people realize the litany of potential pitfalls that can ruin your new nest.
  2. Second, a Realtor brings diversity.  Unless you're going to limit your selection to public listings, and kiss good-bye some of the best homes in the market, then you need a Realtor to grant you access.
  3. Third, a Realtor brings you economy.  Whether buying or selling, no-one has access to market information to the degree a Realtor does.  This ensures that you're not overspending on your new home, or underselling your old one.
  4. Finally, a Realtor brings you peace of mind.  The process of finding a new home, or someone to buy or rent your existing home can be daunting.  Challenges from financing, to proper title transfer, to negotiating your price require attention to detail, and can be very stressful, and time consuming if not handled properly.
To learn more about how a licensed real estate agent can assist you contact us.

Properties in

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

Comparing condos and townhouses to single family homes?

The answer depends upon what you want.  Aside from the obvious differences of having more green space with most single family homes, such as those in Belle View versus the tighter knit community potential in a high-rise condominium or townhouses there are other, harder to see, but no less profound differences. Single Family Home Benefits
  • Absence of monthly homeowners or condo fees
  • Less stringent rules and regulations
  • No homeowners or condo association that can impose restrictions without your consent
  • Fewer parking restrictions and fees
Condo and Town House Benefits
  1. No need to save money to cover what condo fees will cover:
    1. Roof repairs/replacement
    2. Common area repairs
    3. Yard Maintenance
    4. Maintenance, paving, and plowing of the driveway, sidewalks, and curbs.
    5. Siding and gutter maintenance or repair
  2. Some have controlled access
  3. On site community amenities from club rooms to pools and exercise rooms
  4. Many have improved public transit service, shuttles to metro service, etc

Properties in

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