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

Buying and Selling Bristow Condos

Bristow FAIR MARKET VALUE


Setting the right price is an important first step in getting a home sold. Sellers often wonder if they should spend $200 to $400 for a professional appraisal of their Bristow real estate before placing it on the market.

WAYS TO DETERMINE VALUE IN Bristow


A professional appraiser's opinion of a property's market value is based on the recent sales of similar Bristow real estate. Different appraisers could come up with different numbers. Even if all of them agreed on a value, there is no guarantee that you would receive that amount for your property. An alternative to a professional appraisal is to ask a professional Realtor for a written market analysis of your property. This analysis will include information about recent home sales in your neighborhood, as well as how those homes compare to yours.

Bristow Real Estate Cycles


In the business cycle of real estate, there are buyers' markets and sellers' markets...and some markets in between. It is all based on supply and/or demand. Bristow is no exception.

There are times when the economy is brisk and everyone feels confident about his or her prospects for the future. As a result, they spend money. People eat out more, buy new cars, and... they buy houses, namely Bristow.

Then, for one reason or another, the economy slows down. Companies lay off employees and consumers are more careful about where they spend money, perhaps saving more than usual. As a result, the economy decelerates. When there are fewer people in the market to buy homes. This is true for the Bristow real estate market as it is for all markets nationwide.


Bristow Real Estate Title Insurance


Buyers in the Bristow market can be tempted to save money by foregoing a title search but the risks are heavy because title problems are many and varied. Some typical problems that title searches have uncovered include a second mortgage on a home that does not appear to have been paid off. The sellers borrowed money years ago from a parent who insisted that a second mortgage be recorded. The loan was repaid but the title wasnt cleared. Another typical Bristow problem occurs when an owner had work done on the property but for one reason or another failed to pay the contractor in full. The contractor filed a mechanics lien on the property and it has never been removed. These are liens on the property and if you take title to a property without clearing these liens or encumbrances, you may be responsible them.


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.


What Makes Bristow Sell?


The Condition affects its salability and possibly price. Bristow that is in move-in condition will usually sell for a higher price than a home that suffers from deferred maintenance.

The Homes Accessibility refers to just that. Is the Bristow accessible to shopping and local transportation? For some this would be a necessity and for others, the more remote the better.

Marketing Exposure refers to how Bristow is advertised. Today the Internet is a fantastic way to market a home but it is still true that the best service a listing agent can do for sellers is to promote the home heavily with local brokers and agents. The Internet and other advertising certainly help, but it is still true that in most cases it is the agent that sells the home by making sure the right buyers know about it.


Bristow APPEAL


A large part of the appeal of the real estate market in any area is the architecture or the style of the homes themselves. The appeal of Bristow is its appropriateness to the region in terms of style, history and weather conditions.