Follow along with myself, your DMV Real Estate Gal, to catch unique insights about the real estate market, buying and selling strategies, and steps in the process you hadn’t yet considered. Real estate in the greater DMV market is competitive and fast-paced. Knowledge will be the key to your perfect home!
Escalation Addendum 101
Hope everyone is enjoying the beautiful fall weather while it lasts in the DMV. Today we are going to dive into the escalation addendum, which is usually included as part of an offer in a competitive situation. It is beneficial for both buyers and sellers alike to understand this form, as buyers will likely includeContinue reading “Escalation Addendum 101”
Market Update: Fall 2021
We’re officially in that season of happy haunts – one of my favorites to kick off the holidays. With that, I think it’s important to give an update on the real estate market and the latest trends for buyers and sellers post Labor Day. As many of you probably already know, there’s almost always aContinue reading “Market Update: Fall 2021”
Dual and Designated Agency
Today let’s talk about dual and designated agency, which is applicable to both purchasing and selling. To give you simple definitions: Dual agency – when one agent represents both the buyer and the seller. Designated agency – when two agents from the same brokerage represent the buyer and seller separately. Our team will not doContinue reading “Dual and Designated Agency”
Seller 101: Importance of Staging
Hello to all those home sellers out there. Today, I’m going to cover the topic of staging. In terms of to-do items, this will usually fall on my list immediately after a home has been visited by contractors and cleaners, and is almost ready to hit the market. I always educate sellers on why IContinue reading “Seller 101: Importance of Staging”
Home Buyer 101: Association Doc Review Period
One important safety net you, as the buyer, have in your corner when purchasing a home in either a condominium association or home owners association (HOA) is the governing documents review period. When a seller lists a home that is part of an association, by law they are required to deliver these documents to theContinue reading “Home Buyer 101: Association Doc Review Period”
Home Buyer 101: Appraisal Contingency
Forgive me, friends – I did take last week off. It’s been a busy spring real estate season over here! Today we will cover the appraisal contingency in depth. So let’s start with the basics. What is an appraisal? Your lender will require that an objective third party (an appraiser) visits the home to assessContinue reading “Home Buyer 101: Appraisal Contingency”
Home Buyer 101: Financing Contingency
Continuing on in our educational journey to teach readers about the financing contingency. Let me start this article by saying, WHO YOU CHOOSE AS YOUR LENDER MATTERS. In our market in particular, I always recommend a local lender. There are many reasons this is the case, but here are my top five: A local lenderContinue reading “Home Buyer 101: Financing Contingency”
Home Buyer 101: Home Inspection Contingency
Happy spring, fellow real estate connoisseurs. Though the smell of blooming flowers and the sound of birds chirping may stir happy emotions, this is also the sounding call indicating the time of year with competition and bidding wars for buyers and multiple offers for sellers (at least in the current state of the market inContinue reading “Home Buyer 101: Home Inspection Contingency”
Market Update: Spring 2021
Before diving into more educational pieces about the home buying and selling process, I’d like to walk buyers and sellers alike through the current market landscape around the greater DC Metro area and Northern Virginia. Inventory is as low as ever and interest rates are still historically low, driving out a large pool of buyers,Continue reading “Market Update: Spring 2021”
Home Seller 101: Ratification to Settlement
This week I’ll dive into the part of the process for a seller following acceptance of an offer. At this point you will have selected the best offer for you and officially ratified. Contracts with less contingencies included (home inspection, appraisal, financing, association docs, etc) are going to require less work for the seller. InContinue reading “Home Seller 101: Ratification to Settlement”
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Alli Collier 