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 Real Estate News / Help for Buyers and Sellers

Manassas has special regulations


Every area has its own building regulations. You need to know how these restrictions will affect the design of your Manassas home. Issues to consider include zoning, setbacks, rights of way and easements. Most subdivisions have CC&Rs (Covenants, Codes and Restrictions). Studies of Manassas demonstrate that these carefully to make sure they are not too restrictive for your needs or create excessive building costs.

5 Steps To Sell Your Manassas Home


Selling your Manassas home is a process that involves five basic steps. These steps are Preparing the Home for Sale, Finding a Buyer, Qualifying the Buyer, Negotiating the Terms, Handling all the Details needed to finalize the sale. If you list your home your real estate agent takes responsibility for each step. If you sell on your own, it is your responsibility to complete each step.

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 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 Manassas 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.


Bitten by the Manassas Home Improvement Bug?


Money isnt everything however so that if the most important consideration for remaining in your Manassas home happens to be the school where your children attend or the proximity to your work or to a particularly attractive recreational opportunity then remodeling may be the best option. On the other hand, if the idea of having your Manassas house torn up for weeks at a time makes your blood run cold, it really doesnt matter how much money you might make turning a fixer-upper into a model home. You will be far better off selling the home you have and moving to a home that better fits your needs.

Manassas DEPRECIATION


Depreciation is the loss of value of a building or an asset due to wear, tear, and aging. Depreciation cannot be applied to your personal residence unless you use your Manassas in some way for business. If you do depreciate a part of your home, let's say a home office, there are tax consequences you must consider when you sell your home.