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

Bristow Homes Sales

Qualifying the Buyer for your Bristow Property


Either you or your agent will want to weed out potential buyers who cannot afford to purchase your Bristow home. Items to investigate include the buyers debt and credit history, current income and employment, the availability of cash for a down payment, the time the buyer needs before closing on the home and the buyers level of interest in your home as compared to other properties.


Buying a Bristow Fixer-Upper


This, of course, depends on the condition of the Bristow home and the estimated cost of the repairs you must make. Bristow real estate in a good neighborhood that is priced about 25% lower than others that are in good shape may be a good deal if it simply needs cosmetic or minor structural repairs. If the house is a gut job, that is the entire inside will be torn out and rebuilt the 25% rule may work and may not so estimate your costs as closely as possible.

Shopping by neighborhood makes good sense when considering the purchase of a fixer upper. As a buyer, the more you know about the Bristow homes in a particular area the better able you are when it comes time to judge whether or not a home your are considering meets the financial parameters you are looking for.


Buying Bristow Real Estate...Will it Pay?


A frequent question from prospective homebuyers relates to building home equity. Bristow buyers like to estimate how much a home may increase in value based upon past appreciation. One of the many advantages of home ownership is that appreciation is based on the homes market value rather than on the actual dollar amount invested or the down payment so that a $100,000.00 home that appreciates 5% is now worth $105,000.00. This is one way of building your Bristow home equity but there is more you can do.


Bristow BARGAINS


A bargain exists in the mind of a buyer when entering into an agreement to exchange goods when the buyer thinks the price is favorable. Bargains can always be found in the Bristow market if a buyer is patient and willing to wait for a truly motivated seller. In economic downturns many people believe that foreclosures and short sales are automatically bargains when, in fact, this may not be the case.



Bristow DOWNTURNS


Real estate markets are affected by the economy as a whole and in turn, can affect the general economy. Of course, a buyers dream is to buy Bristow when prices are low and sell when prices are high. However, real estate is not exactly like other forms of investment and most people become comfortable and attached to their homes and are not interested in selling just because the market is right.

Bristow SALES


When you are thinking of buying Bristow, it may make sense to get a clear picture of the Bristow market before you get too far into your search. It is important to know the current markets strengths and weaknesses so that you can make wise real estate decisions accordingly.