Without the benefit of a traditional home inspection, buyers in a seller’s market can take several steps to protect themselves from damage and deterioration of real property. In Northern Virginia, the inventory of available homes remains low, translating into multiple offers on the same property....
When it comes time to sell your home, you need to strike a balance between sprucing it up to make a good first impression and needlessly spending money on upgrades and finishing touches that don’t add any value to the home. We took some time...
The Northern Virginia real estate market continues to have low inventory, which increases the competition among home buyers. This may tempt buyers to waive the home inspection contingency, and possibly even forgo a home inspection altogether. We had a conversation with Brett Lieberman, owner of...
We recently had a conversation about some important market trends with Latham Schweitzer, a premier real estate agent with Long & Foster who has a deep background in real estate appraisal. “I am seeing signs that the market is changing. Walk and talks still have...
Home inspectors see homes for sale as a major part of their business. They become familiar with many possible ways that a seller chooses to present their house to prospective buyers. While a hot sellers’ market may mean that sellers don’t need to do much...
In a Seller’s Market, the process of buying a home is a sprint with dizzying turn-around times at every phase of the buying process. In Northern Virginia, the low inventory of real estate, particularly single-family homes, means that buying is highly competitive, and buyers have...
While we always prefer a full home inspection, the incredibly hot seller’s market in Northern Virginia is prompting buyers to make offers that waive contingencies. This doesn’t mean that buyers need to go into one of the largest purchases of their lifetime blind. Instead, buyers...
In a fast-paced real estate market, the time from listings to sale can seem to go by in a flash. For agents on the buyer and seller side, the pace might make it harder to really assess the condition of the home until a potential...
The real estate market in Northern Virginia has been busy lately, and available units to meet buyer interest are in short supply. This is referred to as a “Seller’s Market.” Since multiple buyers likely will be making offers on the same home, the Seller has...
Home inspections are not a simple formality. A home inspection can make a big difference in the negotiation process. It can help identify issues that the homebuyer will want to be aware of once they move in. If the inspection is a contingency, then it...