• DC Metro Area Home Search Blog

    Tuesday, July 26, 2016   /   by Nikki Lagouros

    Home Selling Tips

    Selling Secret #10: Pricing it right

    Find out what your home is worth by having a professional CMA (comparable market analysis) done on your home by an expert real estate agent. Pricing your home right, is the key to a successful sales strategy.  
    Selling Secret #9: Half-empty closets

    Storage is something every buyer is looking for and can never have enough of. Take half the stuff out of your closets then neatly organize what’s left in there. Buyers will snoop, so be sure to keep all your closets and cabinets clean and tidy.
    Selling Secret #8: Light it up

    Maximize the light in your home. After location, good light is the one thing that every buyer cites that they want in a home. Take down the drapes, clean the windows, change the lampshades, increase the wattage of your light bulbs and cut the bushes outside to let in sunshine. Do what you have to do make your house bright and cheery – it will make it more appealing.
    Selling Secret #7: Play the agent field ...

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    Tuesday, July 26, 2016   /   by Nikki Lagouros

    Buying A House? How Much Can I Afford?

    Buying A House?  How Much Can I Afford?
    The housing market continues to thrive across much of the country as we head into the summer months.  Additionally, many of the markets that burst with the bubble of 2008 are mostly recovered.  This has created things we have not seen in previous years such as bidding wars for some homes, creating urgency for the buyer, and also demanding higher market prices in many areas.  This coupled with the recent news that the Feds will likely continue to hold interest rates low and steady until December is creating an increased frenzy in our real estate market.
    Many people who were not considering home ownership at this point in time, are now realizing it is a perfect opportunity to buy.  However, the age old question is always, “When buying a house, how much can I afford?”
    The fundamentals of home buying never change with dictating market conditions.  You calculate what you can afford based on what you can rea ...

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    Tuesday, July 26, 2016   /   by Nikki Lagouros

    Home Buying Tips

    Buying Secret #10: Keep Your Money Where It Is

    It’s not wise to make any huge purchases or move your money around three to six months before buying a new home. You don’t want to take any big chances with your credit profile. Lenders need to see that you’re reliable and they want a complete paper trail so that they can get you the best loan possible. If you open new credit cards, amass too much debt or buy a lot of big-ticket items, you’re going to have a hard time getting a loan.
    Buying Secret #9: Get Pre-Approved for Your Home Loan

    There’s a big difference between a buyer being pre-qualified and a buyer who has a pre-approved mortgage. Anybody can get pre-qualified for a loan. Getting pre-approved means a lender has looked at all of your financial information and they’ve let you know how much you can afford and how much they will lend you. Being pre-approved will save you a lot of time and energy so you are not running around looking at house ...

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    Tuesday, July 26, 2016   /   by Nikki Lagouros

    Simple Steps To Buying A Home

    Whether you are a first time buyer or a seasoned move up veteran, purchasing a home is no easy process.  Many people don’t know where to start, but often don’t know where to go for reliable information.  Securing a realtor is the best way to ensure a smooth home buying purchase since a realtor’s primary function is protecting your interests and realtors are highly trained specialist in the real estate market.  However, in the interim I put together this guide to outline the steps every buyer must take when purchasing their new home.  
    NEEDS VS. WANTS LISTS
    Buying a home is a very exciting but overwhelming process.  Every buyer would love to capture all their wants and needs in one home, but many times it’s a balancing act.  Make a list of your absolute must have’s in the home versus your “wants”.  This will be a great tool for you to provide to your realtor.  It will also help you really focus on what i ...

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