Contract Accepted – now what?

By in Blog

The current real estate market is very competitive in Northern Virginia. Multiple offers and waived contingencies are the norm for updated homes in popular locations. Having your offer accepted is only half the battle however. After your offer is finally accepted, there are a multitude of dates. steps and contingencies to keep track of to […]

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Tysons Market Still Going Strong

By in Articles

In 2020, while sales slowed significantly in the spring for a few months, the market has been full steam ahead since. In most areas single family homes are flying off the market with multiple offers and prices far above asking. In some cases sight unseen as buyers have been making offers on homes that hasn’t […]

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Easy living at the Gates of McLean

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Located just down the street from Tysons Corner mall, Gates of Mclean is a community I have been active in for many years. Gates of Mclean is a medium sized condominium community squeezed in between I-495, Chain Bridge Road and the Capital One campus. Gates of Mclean was built back in 1997 as an apartment […]

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I Want No Animals in My Rental!

By in Being a landlord

Many homeowners have a strict no pets policy for their rental units. Reasons could be many, but some common considerations would include the potential for noise for neighbors, damage to the home, hard to remove odors, allergies, cultural or religious reasons and so on. There are no limits on restricting pets from your rental – […]

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What is the most efficient way to heat your home?

By in Articles

A recent $400 electric bill made me wonder what the most efficient way would be to heat a 1,800 square foot home. The journey brought me down a DuckDuckGo hole where I ended up learning about pellet stoves, Biomass Stove Tax Credits, HHV, full-home propane and heat pump limitations. In my situation, have an electric […]

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Are rates jumping for second home and investment mortgages?

By in Beach Living

Per Mortgage News Daily mortgages on second homes and investment properties are about to become more expensive: FHFA (Fannie Mae’s and Freddie Mac’s conservator) announced March 10 that they are limiting new loans secured by second homes or investment properties to 7% of the overall loans they purchase (roughly HALF their historic levels!), effective April […]

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In 2021 real estate prices are going…

By in Articles

2020 was an unbelievable year in so many ways. Who would have thought possible the amount of change we have all had to endure and live through? Some thrived, a few failed, and many struggled. Everything considered, real estate would been one industry that thrived. So, where is real estate now that 2020 is over? […]

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Finding Great Tenants – The Online Ad

By in Being a landlord

Our online ads generate a lot of responses from prospective tenants. Great images and an enticing description will get you views. However, the downside to a successful online ad is that you also receive scam emails as well as unqualified prospects. A first time landlord often has trouble distinguishing a great tenant from a deadbeat […]

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Maximizing Leverage with Net Annual Constant

By in Articles

When investing in residential real estate there are many things that make up the overall benefit of the investment. Cashflow, value appreciation, tax depreciation and tax deductibility are a few that comes to mind. Another important element is leverage. How much or your capital is tied up in the investment and what is your monthly […]

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