Facts About Bristow Real Estate Values

DC METRO REAL ESTATE

Serving the Real Estate needs of the communities of Manassas, Bristow, Haymarket, Warrenton, Gainesville and Culpeper  in Northern Virginia


Dave Scardina  
Broker / Owner

703-829-SOLD

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Facts About Bristow Real Estate Values

Bristow-Home of Their Dreams


Ever think you would like to build your own Bristow home and have everything just the way you want it? Lots of people do and they often start by looking at land or lots for sale. With many people the idea is to buy a lot today, get it paid off or mostly paid off and then sometime in the future, contract with a custom builder for the Home of their Dreams via Bristow.

Bristow Lot


Financially that may be a good strategy but take heed and purchase your Bristow lot with care. Why? Because it can happen that the lot you buy today is not suited at all for the Bristow home you want to build in the future. Here are some things to watch out for.

Qualifying the Buyer for your Bristow Property


Either you or your agent will want to weed out potential buyers who cannot afford to purchase your Bristow home. Items to investigate include the buyer’s debt and credit history, current income and employment, the availability of cash for a down payment, the time the buyer needs before closing on the home and the buyer’s level of interest in your home as compared to other properties.


Guidelines for Buying Bristow


The Internet is great but nothing really substitutes for your personal inspection of homes that are for sale in the Bristow. When you have visited plenty of homes online and in person when the right property comes along you will know it.

It is perfectly normal for buyers to have a general idea of what they want in a home without a great deal of specificity. Research, both online and in person will help you define your Bristow needs but you can and should know your financial needs before you even start looking. I recommend that buyers go through the process of prequalifying with a lender or at least with a real estate agent in order to narrow the search among homes that are a possibility. Many agents refuse to show homes to prospective buyers who have not been pre-qualified.


Buying Bristow Real Estate...Will it Pay?


The only factor being considered here is Home Equity. In individual cases it may be wiser to invest than to pre-pay your Bristow loan. It also may be wiser to pay off high-interest, non-deductible loans before considering your home equity building options. Your financial advisor is the one to consult for these matters. If you would like up-to-the-minute information about home appreciation values in your area, please call or E-mail me today.

Bristow BARGAINS


A bargain exists in the mind of a buyer when entering into an agreement to exchange goods when the buyer thinks the price is favorable. Bargains can always be found in the Bristow market if a buyer is patient and willing to wait for a truly motivated seller. In economic downturns many people believe that foreclosures and short sales are automatically bargains when, in fact, this may not be the case.