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Triangle, VA Real Estate News

By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty Getting a mortgage in Stonewall Manor Triangle these days can be more involved than in years past, not least because their historically low rates make them so desirable. That loan can make or break a fantastic deal — the kind of deal you don’t want to lose when you come across it! Central to the process of getting a mortgage is your mortgage broker…but how do you know when you’ve found a great one? These are some of the qualities I believe most often point to the answer:   ·         Truly outstanding mortgage brokers get tons of referrals from previous clients and their real estate agents…while other less well-appreciated or experienced brokers must constantly solicit new business. BUT (a v...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.co Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty After weeks of dealing with inspections, appraisals, repairs, and the sheaf of paperwork created by your mortgage company, The Final Walk-Through should come as a welcome relief to those buying a home in Stonewall Manor Triangle this summer. Despite its ominous name, that final walk-through is anything but — it provides a last layer of protection for the new homebuyers. Typically occurring in the final 24 hours before the scheduled close of escrow, this is no mere formality. It’s your ultimate opportunity to inspect the home and ensure that it is in the same condition as when you agreed to purchase it. It is also your chance to make sure that the seller has completed any agreed-upon repairs,...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty           Short sales in Stonewall Manor Triangle can hold the key to more than one real estate-related issue. For cash-strapped borrowers, short sale success means relieving an unsustainable obligation without having to go through foreclosure. For sharp-eyed buyers,Stonewall Manor Triangle short sales can present outstanding opportunities to purchase properties otherwise beyond their affordability range.          Both are reasons to applaud the rising number of short sales. Nationally, the latest projections foresee a continuation of their rising trajectory. The OCC’s most recent report on mortgage performance credits short sales for the decline in both serious mortgage delinquencies and c...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty Near the end of 2012, the National Association of Realtors® announced that the average home took 69 days to sell, a welcome shrinkage from the 98-day Time On Market (TOM) common during the housing market crisis. They expected the 2013 numbers to be even stronger, and they haven’t been disappointed: the last read for TOM registered a median of just 46 days! Of course, that’s a national average, and if you have a house for sale in Stonewall Manor Triangle this summer, your own experience could well differ. Although a family’s situation may rule out this particular step, there is one tried-and-true approach that seems to make a big difference when it comes to shortening TOM: Move out! Why? For...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty We all do a mental survey before preparing to enter our home in the Stonewall Manor Triangle home listings. We ask ourselves something like, what should I improve that will pay for itself?  Since anything that improves home listings can result in better offers, the answer can never be proven absolutely. But Remodeling magazine gives it a try. After delving into the year’s home sales numbers, their “Remodeling 2012–13 Cost vs. Value Report” (www.costvsvalue.com) highlights some remodeling ideas that don’t return anything like what the investment is likely to cost. Among midrange projects, boosting the “# Bathrooms” that appears in the Stonewall Manor Triangle home listings might seem to warr...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.co Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty As home prices continue to rise throughout most of the nation, sooner or later people begin to wonder whether we’ve crossed the threshold dividing undervalued from overvalued. Pundit shorthand for “overvalued” has gradually become almost synonymous with the far more fear-inducing term, “Bubble.” As with the chewing gum and soap-blowing varieties, the term can’t help but conjure up visions of the associated “Pop!” Just worrying that we are in a home pricing bubble can cause sleepless nights and worse —  financial paralysis. As home prices in Stonewall Manor Triangle move higher, it’s natural to wonder if they are truly justified by economic fundamentals. While no one wants to be on the other ...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty When it comes to Stonewall Manor Triangle’s residential real estate outlook, some truisms say it all: “Strike while the iron is hot!” “The early bird gets the worm!” “Time and tide waits for no man…” Sometimes those hoary old clichés have survived because their wisdom doesn’t ever change — and right now, some hard facts and figures may make these more relevant than usual. Stonewall Manor Triangle real estate watchers, buoyed by last Tuesday’s stock market jump (a reaction to the bullish real estate statistics), were also digesting The National Association of Realtors®’ latest report: it carried more cheerful news about the expanding market for existing-home sales. Final numbers for April sh...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty When it comes to a home sale in Stonewall Manor Triangle, adults automatically appreciate the importance of presenting a pristine property to potential buyers Kids, on the other hand, would like a glass of apple juice, please. Parents are forever juggling their other adult responsibilities with the needs of the children, so when you add home sale showings to the list, it might seem to make for a stressful situation. But a home sale doesn’t need to be disruptive — after all, it’s just one more ball in the air! A few tried-and-true tactics make the process easier: ·               If you’re blessed with grandparents who live close to Stonewall Manor Triangle, this is the time to enlist their h...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty   Whether Stonewall Manor Triangle residents are looking for a home equity line of credit, a refi, or a new mortgage, when it comes to getting a loan, everyone knows that it’s the credit score that ultimately determines the outcome. Yet when it comes to a working knowledge of what major factors affect your score, a new survey shows that many of us are less certain than we should be. The Consumer Federation of America is a nonprofit outfit that from time to time releases reports designed to improve that situation. Their latest is a sort of report card on how much average adults understand about credit scoring —  the key factor in getting a loan of any kind. On the plus side of the report car...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty When I update Stonewall Manor Triangle readers about the latest news in housing prices, it’s usually not as ‘latest’ as I’d like. The reason is that there is a delay in most of the truly reliable indexes that measure housing prices. The big indexes are national (Stonewall Manor Triangle housing prices are another matter), and they have a built-in two-month delay. We can look at trends and directions, but if there is a change afoot, we won’t be sure of that for about 60 days. Last week, The Wall Street Journal found a way to present unusually fresh numbers. Reporter Nick Timiraos ignored the S&P/Case-Shiller Index, which reported statistics from back in March, and leapfrogged into April with...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty If you are readying your home for sale this spring or summer, one of my favorite tactics to set your property apart from other Stonewall Manor Triangle listings is to order a pre-inspection. If you’re not familiar with the term, a pre-inspection is a less detailed, less expensive visual inspection designed to report major conditions certain to be noted in the final. Why add this extra expense? Won’t buyers ultimately get their own inspection? Yes, they will. But the purpose is not to replace a final inspection — it’s to attract more offers and hasten a final sale by minimizing re-negotiation.  Picture yourself as a prospective buyer. Stonewall Manor Triangle listings which headline the avai...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty Each day, any number of tenants see the perfect Stonewall Manor Triangle house for sale, yet fail to go ahead and investigate further. Making the move from tenant to homeowner is, after all, one of life’s major decisions — so no matter how perfect such a find might be, making the leap can seem daunting.  According to the Rental Protection Agency, by last week there were more than 107,000,000 renters in the US — a number that increases by 2,600 a day. In other words, if you are a little unsure about snapping up even the most perfect Stonewall Manor Triangle house for sale, you are hardly alone. Still, there is that nagging suspicion that homeownership brings substantial financial advantages ...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty The Real Estate Staging Association is always telling the world that when you are selling your home, you can expect to spend 73% less time on the market if you use the services of a professional staging company. Although this is an outcome everyone aims for, the cost of full bore professional staging can be a budget-cruncher. A compromise solution is to combine a little personal elbow grease with some of the ‘inside’ tricks stagers use. When selling your home in Stonewall Manor Triangle as quickly as possible is the goal, it’s worth following through with these staging pointers: Magic Act                    Everyday living creates clutter — but to establish the look of a well maintained, mo...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty With more than 43 million people relocating throughout the U.S. every year, you don’t have to wait until you are surrounded by stacks of cartons to realize how important it is to make your next move the right one. If you’re buying a house in Stonewall Manor Triangle in the foreseeable future, it’s a particularly valuable idea to take the time to chat with some of your potential new neighbors. And while you’re at it, why not bring up a few relevant questions: Which schools are best?  School quality affects more than just property values. Especially if you have your own kids, buying a house in Stonewall Manor Triangle is least disruptive when their new school is the best one available. You’ll...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty Ah, spring is truly in the air…the traditional time when people can fall in love at first sight! I’ll try not to dampen those springtime spirits too much, but for anyone currently looking into the Stonewall Manor Triangle luxury home listings, some advice may be in order: Online love at first sight is a really bad idea. Those Stonewall Manor Triangle luxury home listings can indeed be truly alluring, and using your computer (or iPad, or smartphone) to winnow through the current crop of terrific Stonewall Manor Triangle luxury home listings is a supremely practical approach. But do remember that any warm glow you experience after checking out a particularly fetching online tour is best held ...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty So the market’s recovering, interest rates are low, and you think you’re finally ready to buy a home? Not so fast. Buyers across the country are running into a new roadblock: there don’t seem to be enough homes for sale. Anyone who has looked at entry- to mid-level homes for sale in Stonewall Manor Triangle probably knows what I mean. Mortgage rates remain near historic lows, and as the prices of homes for sale continue to rise, fears that we could soon see a repetition of a real estate equity loss seem increasingly unlikely.  Why the lack of inventory? There are several reasons. Buyers may be ready to buy again, but somesellers are still not in a position to offer their Stonewall Manor Tri...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty When the Wall Street Journal or Forbes run mortgage rate stories as their lead items, those of us who keep an eye on the Stonewall Manor Triangle real estate market pay close attention. I frequently share what they say here. But when even the non-financial outlets like USA TODAY and the cable TV news channels give top billing to real estate market news, it’s a real attention-grabber. That’s what happenedlast week. USA TODAY’s online headline focused on the 15-year fixed mortgage rate, “at a record low 2.61%.” The cable news channels talked about record low rates, too (although if you hit the ‘pause’ button long enough to read the TV graphics, you saw that the national average for 30-year lo...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.com Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty The Stonewall Manor Triangle housing market’s recovery is still establishing itself. It’s not exactly in its infancy, but I would say it has a way to go before we can call it ‘mature.’ The majority of predictions for the rest of 2013 remain widely positive, and the young housing recovery is being strongly supported by continuing low mortgage rates. This might easily lull prospective home sellers into assuming they will automatically have a simple selling process, but housing upturn or not, it’s no time to go to sleep. In short, it’s still a good idea for Stonewall Manor Triangle sellers to take as much care as ever before — especially when it comes to choosing a real estate professional to ...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.co Hamed Gargasht - Gargasht Team (703) 901-636 Keller Williams Realty   Previously, we cited three of the most common mistakes sellers make after listing their Stonewall Manor Triangle property for sale. Here are three more Proper Insurance When you have a Stonewall Manor Triangle property for sale, it’s more important than ever to see that your homeowners insurance is up to date. It is highly unlikely that someone will have an accident on your premises, but the increase in the number of visitors makes it prudent to be well covered. Of course you will want to mitigate obvious potential hazards like broken glass or exposed nails — but should also have a foolproof system for making pets a non-issue during showings.   Contractual Terms With your Stonewall Manor Tr...
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By Hamed Gargasht
(Gargasht Team, Keller Williams Realty of Northern Virginia)
www.ShopforVirginiaHomes.co Hamed Gargasht - Gargasht Team (703) 901-6364 Keller Williams Realty   “Time flies when you’re having a good time” we hear. But time can also pass quickly for those who’ve had to go through difficult times. Case in point is a million and a half borrowers who have recently experienced the pain of a foreclosure. That’s the estimated number of those who, by this time next year, will have waited long enough to again become eligible for an FHA loan.  Anyone interested in buying a Stonewall Manor Triangle home after a foreclosure has come through a tough period. The standard waiting period for an FHA-guaranteed loan is 3-4 years following a foreclosure or short sale (though individual circumstances vary). Now that the weeks and months have ticked by, this sizable c...
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