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

Facts About Bristow Homes for Sale

Bristow Real Estate Contract Options


The most common type of listing agreement used between sellers and the real estate broker is known as The Exclusive Right to Sell Agreement. In this agreement the agent agrees to include the home in the Multiple Listing Service (MLS). The details of a Bristow real estate listed in the MLS are available to all agents and brokers and with the advent of the Internet, MLS listings are shown on the World Wide Web.


Bristow Disclosure Rule


Types of Material Defects for Bristow might include any known structural deficiencies or building code violations. Material Defects might also include defects in walls, ceilings, floors, windows, foundations or electrical or plumbing systems. If you are selling in the summer and the place usually floods in the winter that is a material defect that is not going to be obvious to a prospective buyer.

When you are contemplating the possibility of selling your Bristow you might want to ask yourself what you would want to know about the property if you were planning to buy it. If a condition or situation would be important to you, disclose it and disclose it in writing. As a seller, this is your strongest protection against future litigation.


Buying Bristow Below Market


Isnt that everyones dream? I hear it from prospective buyers almost every day and many of them want to find the perfect Bristow home priced considerably under market. Is it possible? The answer may surprise you but often it is possible. You just need a sophisticated buying strategy.

Now the idea that you can simply decide one day to go house hunting and find just the Bristow real estate you want priced way under market is pushing your luck. But if you take advantage of some of todays Internet technology, do your homework and bide your time, you might find just what you are looking for. First lets look at the technology.


The Benefits of Selling Bristow


If your Bristow holdings consist of both a personal residence and a rental, you can sell your personal residence and exclude up to $250,000 ($500,000 for a married couple) on the gain. Then you move into your rental, live in it as your personal residence for two years and then sell it, again benefiting from the $250,000 or $500,000 exclusion. This is true even though most or all of the increase in value occurred before you converted the property to your personal residence.

The Benefits of Selling Bristow


In order to sell Bristow as your personal residence, you must have lived in it for two out of the five-year period ending on the date of the sale of the property. This means that you can buy a second home and live in it as your personal residence while renting out your first home. If, in a couple years you decide to sell your first Bristow personal residence you can sell it and still benefit from the $250,000 to $500,000 Capital Gain tax exclusion. The law says that the home must be your personal residence for at least two out of the past five years.



Bristow SEARCH


The easiest way to start your Bristow search is to use the online search capabilities on this Website. This will give you a snapshot of all the homes that are available in your price range, with the amenities you require and the locations you might consider. Next, make contact so that a knowledgeable agent can help you narrow your choices and take you on a personal tour of your best options.