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

View Bristow Homes for Sale News / Buy and Sell Wisely

Preparing to Sell Your Bristow Home


Experienced agents know what puts prospective buyers off when they view a home, especially Bristow. For example, when buyers find dirty dishes in the sink, notice offensive pet odors or spot obvious stains suggesting a leaking roof they begin to devalue the property. Some buyers may decide to pass on the house completely while others may think about making an offer way below the asking price. So, a good agents first step is to help the homeowner see the house as others will see it and take care of problems.


Qualifying the Buyer for your Bristow Property


Either you or your agent will want to weed out potential buyers who cannot afford to purchase your Bristow 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.


Shopping for Your Bristow Real Estate Loan


Bristow Real Estate Loans have become part of a worldwide mortgage market and mortgage lending is impersonal and competitive. When you shop for the best loan dont pay too much attention to who is originating the loan. Instead focus on interest rate, points, processing costs and whether you want a fixed rate or an adjustable rate loan. The reason for this is that more than likely, your Bristow real estate loan will be sold to one of the organizations made up of what is known as The Secondary Market.

Bristow Fixed or Adjustable?


The fixed rate mortgages offer Bristow real estate buyers peace of mind with predictable monthly payments. Taxes may go up but the principle and interest will remain fixed throughout the life of the loan. When interest rates were rising rapidly in the late 1970s, lenders came up with ARMs or Adjustable Rate Mortgages. With an ARM, the borrower assumes the risk of rising interest rates. Both have their advantages and disadvantages.

Bristow Disclosure Rule


Tell All is definitely the rule for anyone who is selling Bristow real estate in todays market. Let the Buyer Beware can easily come back and bite you in a delicate spotyour pocketbook.

Today, those selling a home or any Bristow are expected to disclose all known material defects that are not readily apparent to the buyer. A Material Defect is usually a physical condition that would affect a buyers decision to purchase the home or what price to pay for the home. A leaky roof is definitely a Material Defect. If a Bristow seller tries to disguise the leak by painting the interior ceiling and walls without fixing the leak, the truth will come out the next time it rains. Chances are the first call the buyer makes will be to his attorney.

Bristow Homebuyers Quandry


Before you begin your next home search, make sure the Bristow 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 Bristow 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.