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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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Search for Bristow Condo News / Tips for Buyers and SellersBristow 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.
Fixed Rate Loans in Bristow
Advantages: As indicated earlier, predictability is the biggest incentive for choosing a fixed-rate loan for your Bristow real estate mortgage.
Disadvantages: Fixed rate loans usually come with higher interest than the start up interest rate on a fixed loan. Down payments for your Bristow on conventional, fixed-rate loans are usually higher than the down payment required for an ARM.
Bristow 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 Bristow 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.
Bristow Home Improvement
Don't change the general architecture of the home, and make sure that renovations match. For example, a modern steel door doesn't belong on a ranch house built in the 1970s. Be aware of the features in Bristow.
Do it Yourself?
Be extremely confident you're capable of taking on a project before trying to do it yourself. When it comes time to sell your Bristow home, believe me buyers can and do spot all the signs of amateur work and they discount their offer accordingly.
Rent or Buy Bristow
For most people, the chance to trade nondeductible rent payments for mostly deductible mortgage payments is a powerful inducement to trade a rental home into a Bristow of your own. This is by far the single most important reason why people decide to buy their first Bristow.
However, whether you are considering your first Bristow investment or planning to move up, the number crunching necessary to figure out how much house you can afford depends on two calculations: one for actual monthly outlays, the other for the true, after tax costs.
When Bristow Does Not Sell
Here is where your agent’s expertise and diligence comes into play. A top agent will consider what similar Bristow have sold for within the last 3 to 6 months and compare those homes condition, features and location with your home. If there are no comparable sales in the area, which is often the case with custom or one-of-a-kind properties, the agent may suggest that you obtain a formal appraisal.
A homeowner who must sell and sell quickly needs to price their Bristow at or slightly below market to ensure a quick sale. A different homeowner may want to sell but has time and wants to get the top market price. These homeowners will often price the home slightly above current market prices and expect interested buyers to offer a lower amount to start the negotiation.
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