real estate advice

The Eric Stewart Group Blog

Trusted resource for local and national real estate news and trending topics, and everything you need to know about the buying and selling process.

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tips | Pointing You Home

Where Can You Live on $60,000/Year?

By: Jessica Martin
April 19th, 2018

Here's a crazy stat: there are only 44 resale homes currently on the market in Seattle, a metro area with over 80,000 residents.  When you factor in the inventory versus demand, it causes home prices to skyrocket.  We're seeing this in the DC Metro Area, but, thankfully, not to that extent.  As Eric Stewart mentioned in today's Real Estate Minute on WMAL, in case you find yourself tired of the stress and strain markets like these can cause, did you know there are cities where it only costs $60,000 a year to live comfortably? 

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potomac md

Your Potomac MD Neighborhood Update!

By: Eric Stewart
April 12th, 2018

Spring has Sprung!  While you may not live in the Potomac area and you may feel that this neighborhood update does not pertain to you, we want to make sure you know the importance of investing in your community.  We're sure you're heard about Location, Location, Location from many different sources!  If you want to know how YOUR community might be affecting your home value, contact the Eric Stewart Group today for a free home evaluation even if you're not in the DC area.  We have resources to help you if you're from out of state, including Relocation Nation - a company that vets agents in your local area.   Keep reading to learn about events and trending news happening in your area!

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Get Our Market Ready Guide

Market Ready Guide!

Our Market Ready Guide provides strategic advice and useful tips to get top dollar for your house when the time comes to sell.

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INSIDER TIPS | first time home buyer | how to pick a real estate agent

How Do You Pick a Real Estate Agent?

By: Jessica Martin
April 5th, 2018

If you've been with us before, you'll know right away that we have a method to finding the right REALTORĀ® for you.  In the Market Ready Guide, you'll find 10 Questions You Should Ask a Realtor Before You Hire One.  This, we believe, is a cornerstone to your real estate agent search. but there's more to take into consideration.  Do you know what it is? 

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Real Estate | home tips | tips | Pointing You Home

Everything You Need to Know about Egress Window Requirements

By: Jessica Martin
March 29th, 2018

Do you know what an egress window is?  Do you know what the requirements are for an egress window?  It sounds like it should be complicated, but there are only 4 requirements your basement window must meet in order to be up to code. 

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tips | first time home buyer

First Time Home Buyer Mistakes You Should DEFINITELY Avoid

By: Jessica Martin
March 23rd, 2018

If you've decided you're ready to buy your first home, you've probably gotten tons of unsolicited advice regarding what you should and shouldn't do. Take it from the real estate professionals - there are a lot of things you should and shouldn't do before buying your first home, but let's take a look at the top 5. 

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buying | earnest money

Everything You Need to Know About Earnest Money Deposits

By: Jessica Martin
March 15th, 2018

What is an earnest money deposit? How does an EMD differ from a down payment? Where does an earnest money deposit go and why is it important? 

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Selling | Video Blogs

TIMBER! What happens when a massive tree falls on a vacant property days away from settlement? Watch now!

By: Eric Stewart
March 8th, 2018

Last weekend the Washington, DC area experieced a horrific storm. It was a wind storm with up to 70 MPH gusts that caused incredible amounts of damage. There were many who were greatly affected, including one of our clients who was set to settle their home in Oakton, VA. In the video below you'll see the aftermath of what a series of strong winds can do to a tree, a home, and a contract. 

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Selling | Downsizing

Downsizing with Dignity - Taking Control of Your Lifestyle

By: Teri LaBuwi
March 1st, 2018

Did you know there are 3 primary types of downsizing? Zero Control, Limited Control, and Full Control. Follow along with Teri LaBuwi as she uses her professional experience as a Seniors Certified Real Estate Specialist in the DMV. 

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Buy

8 Reasons People May Be Stalling On Buying A Home

By: Eric Stewart
February 26th, 2018

What could be stalling people on buying homes? Inventory is lowand when there are multiple offers skyrocketing prices, your buyers might be intimidated!

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Buy | Money | Selling | appraisal,

APPRAISALS: How to prepare for one, what do appraisers look for, and what happens if an appraisal comes in too low?  

By: Eric Stewart
February 15th, 2018

If you are purchasing a home and financing it with a mortgage, the bank will require an appraisal of the property to determine its market value. The dollar amount the bank will lend you is based on the appraised value of the house rather than the agreed upon purchase price between the buyer and the seller.

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