Shopping For Northern Virginia Real Estate From Across the Country

Filed Under: Virginia real estate    by: Steve Kayhill

buy_northern_virginia_real_estateMoving from state to state is certainly not uncommon and uprooting the family to follow opportunities and foster relationships is a way of life all around the world. Many people are being attracted to the beauty, climate and prospects of the east coast. Shopping for Northern Virginia real estate while you are still based hundreds of miles away can be a daunting experience. But with the right support and an organized process you can make this move with ease.

Utilize the Right Tools

The Internet has made shopping for real estate in Northern Virginia and across the U.S. much easier. Now you can view properties from the comfort of your home or even on your mobile phone. While the popular websites will have excellent images, plenty of information and contact numbers, nothing can replace actually visiting a property.

By walking around the yard and through the house you can get a much better idea of how the space will work for your family. But how is that feasible when you are out of state?

Have the Right People on Side

It’s essential that you find an experienced agent who specializes in Northern Virginia real estate. They need to be centrally located in order to allow you the very best access to the markets and neighborhoods that interest you. By combining your eyes online and their feet on the ground you can quickly eliminate the properties that don’t fit and make a well-rounded list of the homes that have potential.

From that point you may need to fly (or drive) into Virginia for some viewings. Again, this may not be possible for every family. Try your best to have at least one member of your family or a trusted friend check out the properties on your short list. That way you will not be “buying blind,” so to speak and can make a better decision based on factors that are simply not available online.

These viewings also give a talented realtor the chance to shine. They will need to have your schedule well organized and designed with good flow in mind. Spend the least amount of time possible travelling between each potential home and leave enough time to properly view every aspect. Don’t forget resting between in order to clean your palate and view each property on its own merits.

Be sure to look for things like the condition of the home and any necessary renovations or improvements, as well as considering the neighborhood and facilities available.

Other Helpful Information

Those from out of state may need to do some investigating about the local laws and regulations in Virginia. The building codes, school systems and taxes may be different than other locations and it’s important to know these things before investing in a house. Ask the real estate agent to help you out or direct you to a local source of information that can.

Shopping for Northern Virginia real estate while you are living across the country doesn’t need to be stressful. With the help of a qualified agent, the Internet and a visit to potential homes you can find the perfect spot to establish your new home in the gorgeous state of Virginia.

How to Sell Northern Virginia Real Estate Quickly

Filed Under: Virginia real estate    by: Steve Kayhill

northern_virginia_real_estateFinancial transactions in our uncertain economy can be stressful and complicated. Buying and selling a home is one of the most important financial transactions you’ll need to deal with and tackling those can lead to even more stress. But with the help of a professional who knows the business and is dedicated to serving you, buying and selling Northern Virginia real estate can be virtually painless.

There are two important factors to a home sale: price and speed. Research and the services of a good realtor will allow you to set a fair price for your home based on the current market. That price, along with some simple steps of preparation, will get your home sold quickly.

Basic Steps to Selling Northern Virginia Real Estate Fast

Do some of your own research before involving the realtor. That way you can have fair expectations and a better foundation for this important business relationship. Start by checking out the homes for sale in your neighborhood. This will give you a basic framework for pricing and also a heads up on the nearby competition.

Discuss how long you are willing to wait for a sale. A distinct sense of urgency is sure to affect the price you set, while the ability to wait may allow for more flexibility. This timeframe is something your realtor will need to know, so talking about it before they enter the scene will save everyone time.

Once you’ve done that it’s time to find an agent who is experienced in Northern Virginia real estate. Referrals are a fantastic way to find realtors, but remember that each home and family have unique needs – what worked for them may not work well for you.

What Your Virginia Realtor Will Provide

Realtors working in Northern Virginia will offer professional advice about the sale of your home. They will market the house for you, bring in potential buyers and work with you through the sale process. The best realtors also have the experience and expertise to help you prepare your home for a quick sale.

Updating is something simple you can do to sell your home quicker. Home improvements – even small, inconsequential improvements – will sell a potential buyer even quicker than the price will. A fair price for your home is the first important step in a real estate transaction, but once that is set you need to look at the house and get updating.

Inspect your home as a buyer would, looking out for those tired and worn areas and features that could use sprucing up. Combine home staging with a little elbow grease to give your property a face lift. A new coat of paint, updated appliances, luscious new landscaping and cosmetic repairs are all very easy, low stress home improvements that can help sell your home fast. Talk to your realtor about which areas in your home need the most attention, then prioritize and get moving.

Northern Virginia is one of the most desirable locations to live in the United States. Selling your home can be a quick, profitable process with the help of a qualified realtor, a fair price and select home improvements. Move on to the next stage of life in good time by selling your Northern Virginia real estate easily and with less stress.

Buy Northern Virginia Real Estate Better With the Help of Renovators

Filed Under: Virginia real estate    by: Steve Kayhill

house_for_saleBuying a home is an exciting time. Your family’s dreams play a big part in the search for that perfect house, but the process itself can be stressful. Wade through the selection of Northern Virginia real estate with the help of someone who knows what to look for in a house.

What Do Renovation and Real Estate Have In Common?

Renovations add to the value of real estate. When you’re searching for a new home, the upgrades and renovations can make or break your choice.  From landscaping and decks to flooring, kitchen remodels and basement renovations, any projects that alter the original condition of the house has an effect on the home’s marketable value.

Realtors often focus on the most recent renovations when they are contracted to sell a home. The problem is that they do not necessarily have the professional experience to properly gauge the project. Realtors know the value of a home inside and out, but the overall quality of a renovation may be beyond their expertise.

Renovations that need to be done can also play a part in a real estate transaction. If the property needs to be renovated or repairs are necessary that condition can make a difference to the negotiation, the overall price or the deal itself.

The Value of Professional Renovation Contractors

Professional renovators can offer you a “behind the walls” assessment of potential homes. Because of a renovation contractors experience with design and construction, they will be able to spot problems that traditional realtors can’t.

The quality of materials and professionalism of the installation can be easily spotted by an industry pro. Often homeowners will handle home improvements as a DIY project. But without the proper training those projects can actually turn into a disaster. You don’t want to be saddled with the problems of a renovation that was mishandled by an amateur.

How These Two Can Come Together

Much like you would take a used car to the mechanics for an inspection, you should always have a resale home looked at by an industry professional. Home inspectors are valuable, but you normally can’t afford to hire them until you have made an offer on a house. Realtors with professional renovation experience can give you advice on each home as it’s looked at, saving everyone time.

Although it may surprise you, northern Virginia real estate and renovations often go hand in hand. The value of a home is directly related to the quality and quantity of the renovations in it. When a property is on the market and requires renovations, that information can also be used to negotiate the price.

Without the advice of a professional renovator you will need to rely on the information given to the realtors on both sides, as well as relying on your own visual inspection. Professional realtors will know where to look and can point out both obvious and subtle indications of quality.

Get the wisdom and advantage of both professionals when shopping for northern Virginia real estate. A realtor can handle all of property and transaction details while renovation contractors offer valuable advice on the condition of each home. Tap into the best of both worlds and be more successful when shopping for a house.

Virginia Real Estate Advantages-Renting Investments

Filed Under: Virginia real estate    by: Steve Kayhill

money-making-real-estateThe idea of owning real estate in Virginia for the expressed intention of renting the property out is a dream that many have, but achieving this success can be a bumpy road. Finding the right property isn’t enough, you have to prepare yourself for the challenges of being a landlord with education and practical knowledge. Becoming a landlord might seem like an audacious move, but more and more people are taking the leap every day.

Great Reasons to Invest in Real Estate

Look at it this way: with all of the homes in foreclosure, people are losing their homes and are going to eventually be on the streets. Their credit is in terrible shape and they aren’t making a lot of income because of the terrible job market. These people are still going to need places to live, places to raise their families. When you invest in Virginia real estate and turn it into a rental property, you benefit yourself with potential source of income, and you benefit your community by providing a home to someone who needs it.

For that matter, rental properties in our Northern Virginia region are always in demand because of our proximity to the Nation’s Capital and fine higher learning institutions. People from all over the country come to our region in search of opportunity, and those people need roofs over their heads, which you could provide if you invest in Virginia real estate.

No Time Like the Present

The fact is that a market like the one we are in now only comes along once in a lifetime, which is good in a lot of respects, but anyone who is in a position to invest now can make substantial profits in the long haul. It is just a matter of getting over that initial financing hump and finding good tenants to take care with your property while you allow them to rent from you.

It would be ideal if you were able to pay cash for the properties that you purchase, but oftentimes this can be difficult to pull off. Getting financing might be tricky depending on your situation or the condition of the property. A private backer that will let you invest their capital for a portion of the returns is also another option.

Competitive Pricing

If you do have to get a mortgage on the home, then pricing your rent is going to be a little more difficult. You should set the rent so that it covers the mortgage, but still comparable to the other rental properties in your area. If you find that your rent is too high to compete and still cover the mortgage, then some small scale investments into improvements to the property might be in order. People are more likely to pay for luxury, which means that the nicer your place looks the more you can potentially charge. It may seem backwards to throw money at a money problem, but real estate investors know that sometimes you have to spend money to make money.

If you are interested in the great State of Virginia or Washington DC and want to make it the place of your housing business, you should talk to Virginia real estate agents about the investment opportunities and rental rates in your favorite area.