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

Search for Bristow Condo News / Tips for Buyers and Sellers

Negotiating the Sale of Your Bristow Home.


Some say that the Devil is in the Details and these last two steps are full of details as buyers make offers contingent upon certain conditions being met by the seller and sellers make counter offers in the process of closing your Bristow home. Once there is agreement, however, many details still remain in order to finalize the sale.

Adjustable Rate Loans for Bristow


ARMS may be called by various names including, variable-rate loans, adjustable rate loans or adjustable mortgage loans for your Bristow 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 Bristowhome.

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.

Bristow Real Estate...Homeowners Insurance


Bristow real estate Insurance costs can vary by hundreds of dollars depending on the insurance company from which you buy your policy. There are different types of policies that differ in the amount of coverage they provide. The most popular type is called HO-3. This kind of policy offers Area property protection and liability insurance. Bristow real estate or property protection means that you will be reimbursed for losses or damages to the house and its contents. Liability Insurance protects you against personal liability, medical payments for injuries to others and damage to other peoples property. There are policies with more extensive coverage and are usually called deluxe or executive policies. If you do major remodeling to your home, make sure you upgrade your coverage. If you have an office in your home, you might want to consider special insurance for your computer equipment.

Guidelines for Buying Bristow


Whether you are a seasoned veteran of real estate transactions or a first time buyer, my advice is the same: Know the Market, Know Yourself and Rely on Experts to give you the whole picture of what you are buying.

Know the Bristow Market. Another way of stating this is Research, Research, Research. Of course the Internet is a great way to give an overview of Bristow homes or homes in any given area but may not be enough, especially if you are looking to buy a home some distance from where you currently live. If you are looking to buy locally you can drive the neighborhoods that you are focusing on to get an idea if there are any problems you need to be aware of. Does part of the development back up to a busy highway? If so and if you want to avoid looking at homes in that area, know what streets are involved so you can recognize listings that may be involved.

Bristow Homebuyers Quandry


First time Bristow homebuyers have their issues to deal with and homeowners who want to move up, down or sideways have an entirely different set of problems. A homeowners first task is to counteract human nature. Humans must be genetically programmed to find their next home and then scramble to sell the one they have so they can afford the one they want. The Bristow market is no exception. Of course, this is contrary to good sense but since most people will go ahead with the Buy then Sell approach.

Bristow. How Much Should You Offer?


A good starting premise is that everyone wants to buy a home for thousands of dollars under market and when the time comes, to sell that home for thousands of dollars over market. This is basic human nature. When you are in the position of making an offer on Bristow real estate property there are certain facts you need to know.

Is it a Buyers Market or a Sellers Market? In a Buyers Market conditions favor the buyer. Bristow real estate listings are plentiful, home sales are declining or stagnant. In a Sellers Market the opposite is true. There are more buyers looking for homes than there are homes available. Your low-price offer is far more likely to succeed in a Buyers Market than in a Sellers Market. How do you know what kind of a market exists? Ask your REALTOR, read the newspaper, check online.