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 Haymarket Real Estate Data

Qualifying the Buyer for your Haymarket Property


Either you or your agent will want to weed out potential buyers who cannot afford to purchase your Haymarket home. Items to investigate include the buyers debt and credit history, current income and employment, the availability of cash for a down payment, the time the buyer needs before closing on the home and the buyers level of interest in your home as compared to other properties.


Haymarket Real Estate or Homeowners Insurance


While it is necessary to have Haymarket Real Estate or Homeowners Insurance, there are ways to reduce your premium costs.

One: Raise your deductible. Deductibles are the amount you must pay towards a loss before your insurance company starts to pay. You can save costs on your overall policy by increasing the amount of your deductible. For example, according to a Federal Government paper on lowering Haymarket insurance costs, you can save up to 12% on your rate if you go with a $500.00 deductible rather than a $250.00 deductible.

Buying a Haymarket Fixer-Upper


This, of course, depends on the condition of the Haymarket home and the estimated cost of the repairs you must make. Haymarket real estate in a good neighborhood that is priced about 25% lower than others that are in good shape may be a good deal if it simply needs cosmetic or minor structural repairs. If the house is a gut job, that is the entire inside will be torn out and rebuilt the 25% rule may work and may not so estimate your costs as closely as possible.

Shopping by neighborhood makes good sense when considering the purchase of a fixer upper. As a buyer, the more you know about the Haymarket homes in a particular area the better able you are when it comes time to judge whether or not a home your are considering meets the financial parameters you are looking for.


Buying Haymarket Below Market


On most real estate Websites you can enter the parameters you want for your Haymarket. Include the price, size, features and location and the technology will notify you automatically the moment a property that meets your needs comes on the market. Now if what you are looking for is a particular type of property for a price that is significantly under market, youd better be prepared to act quickly because you arent the only one whos looking for a bargain.

Often times, when a home comes on the market priced under the market there are extenuating circumstances. Maybe the house needs maintenance. Maybe the yard needs work. If you are prepared with a certain amount of knowledge about the costs of roofing, painting, landscaping and other types of deferred maintenance, you will be in a position to evaluate whether or not the Haymarket is priced well enough that it truly is a bargain and not a fixer-upper nightmare.


What Makes Haymarket Sell?


If your only reason for selling your Haymarket is for the purpose of taking your profits there are a couple ways to approach this. Assuming you have lived in the Haymarket for two years so you can avoid federal tax consequences, if you sell when prices are high and rent until prices come down before buying a replacement home, you will have maximized your profit. Remember, if you sell when prices are low, you will still make a profit and be able to buy a replacement home while prices are still low.

Haymarket SALES


When you are thinking of buying Haymarket, it may make sense to get a clear picture of the Haymarket market before you get too far into your search. It is important to know the current markets strengths and weaknesses so that you can make wise real estate decisions accordingly.