In the current sellers’ market, getting a home inspection contingency may be a challenge. Buying a home is one of the most significant investments that most people will make in their lifetime. With such a significant investment at stake, it’s essential to know as much as possible about the property you’re considering. That’s where a home […]
(from Fairfax County website) The Fairfax County Park Authority Board approved the project scope for the development of Ruckstuhl Park in the Providence District. The development of the 7.2-acre site will include a picnic pavilion, open play area, fitness cluster, nature-themed playground, trail loop and parking area. The estate of the former resident-owner, Dr. Lily […]
The year 2022 follows a fantastic 2021 in real estate in the Tysons Corner area. The expecrted interest hikes created a strong demand from buyers wanting to secure a home with still low interest rates. In most areas homes were flying off the market with multiple offers and escalation clauses – and with prices going […]
If you own a home in Fairfax County with bamboo on your property, you may be in for a surprise come January 1, 2023. Run amok bamboo has become an issue and the bamboo is difficult to remove and contain. A new Fairfax County ordinance goes into effect on that date, and neighbors can report […]
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 […]
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 […]
With potential tax law changes, more restrictive rules on evictions, and more tenant friendly legislation, some landlords are calling it quits. The low inventory and rising home prices doesn’t hurt either. So, if your landlording career is coming to an end – how do you sell your investment property and avoid paying more in taxes […]
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 – […]
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 […]
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 […]