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DC
METRO REAL ESTATE
Serving
the Real Estate needs of the communities of
Manassas, Bristow, Haymarket, Warrenton, Gainesville
and Culpeper in Northern Virginia
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Dave
Scardina
Broker
/ Owner
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703-829-SOLD
866-909-0900
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Facts About Haymarket Homes and Condos / Buy and Sell WiselyHaymarket Real Estate Title Insurance
Buying a new home is the single largest financial investment for most families but there are risks. What if the seller doesn’t really own the home? What if there are mortgages, judgements or liens against the property? What if the property taxes have not been paid for several years? Haymarket real estate Title insurance protects you against these types of risks and against the risks of human error. It is your basic home ownership protection.
Haymarket Title insurance protects you against future losses arising out of events that have happened in the past. Unlike other types of insurance, title insurance is paid when the policy is issued and is good for the life of the policy. The premium required is based on the amount of the sale or the mortgage.
Bitten by the Haymarket Home Improvement Bug?
Unless money simply isn’t an issue, the financial implications of remodeling are definitely something to consider. When it comes time to sell your Haymarket home, the new buyer will usually not pay for over-improvements. This means that if you have the smallest home in an area of larger, more expensive homes, home improvements may make very good financial sense. However, if you already have the largest, most expensive home in Haymarket, more improvements may make you more comfortable but may not bring you a good financial return. You may find that it is financially wiser to sell and move to a different home that already has the features you want to add.
Haymarket APPEAL
A large part of the appeal of the real estate market in any area is the architecture or the style of the homes themselves. The appeal of Haymarket is its appropriateness to the region in terms of style, history and weather conditions.
Haymarket DEDUCTIONS
One of the advantages of home ownership is that while most other types of interest are not tax deductible, the interest you pay on your Haymarket loan is deductible on your Federal and State income tax. This fact alone gives homeowners a distinct advantage over renters.
Haymarket INVESTMENT
Investing in Haymarket as a second home or as a rental has many advantages. But before you invest, it is a good idea to acquaint yourself with the actual sales price of similar properties and to get a picture of the Haymarket market in general. Please contact this office for detailed information on Haymarket market
Haymarket SAVINGS
Everyone wants to buy the home of their dreams at the lowest possible price. Here is a tip for making the best Haymarket buying decision. Make sure you know the actual real estate values in the area or areas where you plan to buy so that when you come across a home priced below market, you will know it.
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