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

866-909-0900

Manassas Real Estate / Help for Buyers and Sellers

Manassas Real Estate or Homeowners Insurance


While it is necessary to have Manassas Real Estate or Homeowners Insurance, there are ways to reduce your premium costs.

One: Raise your deductible. Deductibles are the amount you must pay towards a loss before your insurance company starts to pay. You can save costs on your overall policy by increasing the amount of your deductible. For example, according to a Federal Government paper on lowering Manassas insurance costs, you can save up to 12% on your rate if you go with a $500.00 deductible rather than a $250.00 deductible.

Manassas Home Improvement


Homeowners hear a lot about improvements that might add value to houses. But less attention is paid to what to avoid. Steer clear of renovations that will cost you money at resale time.

If an Manassas home becomes conspicuously larger -- and more expensive -- than those around it will risk becoming hard to sell. Additions tend not to return their entire investment. The 2005 "Cost vs. Value Report" found that homeowners were able to recoup only 83% of the cost of a family-room addition and 82% of a midrange master suite.

Manassas HOME BUYING PITFALLS TO AVOID


Sellers usually rely on sales of Manassas homes of comparable value to determine a fair and realistic price to set for their home but many sellers feel their home is worth much more and price their home accordingly. Buyers must also be tuned into sales for comparable homes in Manassas in order to judge the price of any home that is under consideration.

Being House Poor gets to be Old New real fast. A large and beautiful home with little or no furniture tends to be empty and cold. A life where almost every dime of income goes to the support of the Manassas house wears thin very quickly and is a frequent cause of family stress. Pushing yourself right up to your limit leaves you highly exposed when the inevitable changes to the national or your personal economy occurs.

Manassas. How Much Should You Offer?


Or more precisely, what does the seller owe on the property. If a seller owes $400,000 on the Manassas real estate he or she is not likely to welcome an offer for $350,000. If you want to negotiate price, make sure you dont waste your time negotiating where there is no room to budge.

Even if the loan is high, if the seller is in default there is a possibility of a short sale as many lenders will reduce the loan balance in order to move the property. Most lenders do not want to foreclose and manage homes and the Manassas market is no exception.


Green Remodeling Your Manassas


If you are planning to remodel your Manassas, keep home resale in mind and consider going green. Green remodeling is becoming more popular as homeowners consider health issues, skyrocketing energy costs and Earths natural resources. And, when it comes time to sell your home, your energy efficient and Earth saving remodeling may help you sell your Manassas quickly and for top dollar.


Manassas SAVINGS


Everyone wants to buy the home of their dreams at the lowest possible price. Here is a tip for making the best Manassas 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.