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

Manassas Homes Guide / Tips for Buyers and Sellers

Manassas Dream Home


As you can see, the lot you choose for your Manassas Dream Home could have
either a negative or a positive effect on your overall building costs. A large, square lot in the middle of a graded subdivision in Manassas is the easiest type of building site to work with. The further your lot deviates from the ideal, the higher your building costs will be. Building on a hillside or on a lot with varying topography and irregular shape is expensive.

Adjustable Rate Loans for Manassas


ARMS may be called by various names including, variable-rate loans, adjustable rate loans or adjustable mortgage loans for your Manassas home. They all feature an interest rate that can vary over the rate of the loan.

Advantages: The monthly payment on a typical ARM is lower in the early stages than the fixed rate loan. This may make it easier for the buyer to afford the Manassashome.

Disadvantages: As interest rates increase, your monthly payment may increase or the amount of your payment applied to the principle may decrease which means that you must gamble on property appreciation to offset this increase in your indebtedness.

Manassas Real Estate Cycles


What makes most sense is the "buy and hold" strategy. Buy a home you expect to remain in for at least seven years or more. Manassas is no different than most, although the Manassas market does have it's own special circumstances.

Want to get a clear and up-to-date picture of the Manassas real estate market? Call me at any time. I am happy to share my knowledge of the real estate market with homeowners and prospective homeowners who want to take advantage of market trends to buy and/or sell wisely.


Manassas Homebuyers Quandry


Before you begin your next home search, make sure the Manassas you have is Market Ready. If painting or landscaping or repairs need doing, get them done. If you are going to go out house-hunting you may save yourself a lot of heartache and headache if your house is ready to be listed at a moments notice.

In many cases the amount you expect to realize from your existing Manassas real estate will determine the price you can afford to pay for your next home. Start with a Comparative Market Analysis so you will know about how much you can afford to spend.


Manassas Real Estate Title Insurance


A Manassas mortgage policy that insures the lender remains in effect until the loan is paid off. An owners policy insures the buyer and remains in effect as long as the owner or the owners heirs own the property. An owner policy may cost a little more than a lender policy. For example, an owner policy may run somewhere around $3.50 per $1000.00 of home value while a policy for lender protection may run in the neighborhood of $2.50 per $1000.00 of home value.

The Manassas real estate Title Company searches and examines public records to determine if any problems with the title exist. Your real estate agents works very closely with the Title Company to help clear up any past clouds that may affect the transfer of title to the new owner.


Green Remodeling Your Manassas


Reduced material waste and resource conservation. When remodeling your Manassas, there is often a large amount of construction waste: 136 million tons of waste annually, or about 20% of the waste in landfills, according to the EPA.

If you are planning to remodel your Manassas anyway, going green offers money-saving advantages. In addition to increasing the value of your home, you will cut monthly operating costs, reduce waste and improve overall health.