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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INSIDER TIPS | Buy | Money

What Are The 3 Ways Buyers Can Lose Their Earnest Money Deposit?

By: Eric Stewart
September 17th, 2018

Earnest money deposits are one of the most critical parts of the home buying process. To show a seller that an offer is serious and made in good faith, a prospective homebuyer will include a check with their offer, for typically 1-2% of the purchase price. 

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Buy | Money

What Is The Difference Between An Earnest Money Deposit And A Down Payment?

By: Eric Stewart
September 14th, 2018

Is sustainability important to buyers? When you are buying a home, the financial vernacular can get a little confusing. You have heard of earnest money deposits and down payments, but do you need one over the other? Do you need to accommodate for both? Are they the same thing?

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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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Home Buying: How to Determine your Search Criteria

By: Eric Stewart
September 7th, 2018

One of the most frustrating aspects of searching for a new home is the time wasted looking at properties that ultimately don't interest you. 

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Buy | land survey | first time home buyer

House Surveys: Why They Are Important in Home Buying

By: RGS Title Insurance
June 28th, 2018

CONTRIBUTED BY OUR PARTNERS AT RGS TITLE INSURANCE One of the questions frequently asked when buying a home is “do I really need to have a survey done?”  More and more, lenders are not requiring a survey as a loan requirement and the prospect of saving a few hundred dollars is appealing to most buyers.

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Buy | Selling | Maryland | Washington, DC | Virginia

What Makes a Bedroom a Legal Bedroom?

By: Eric Stewart
June 14th, 2018

Defining a legal bedroom may seem simple, but despite clear building codes the process is wrought with grey areas.  Requirements differ from county to county, so it's always safer to check with a Realtor or appraiser before you sell your home! 

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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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Buy | Sell | Moving | Real Estate | buying | disclosures | home tips | tips

Why "Stink Up" Your Chances of Selling your House?

By: Jessica Martin
January 26th, 2018

During the sale of your home, you will probably come face to face with an ugly truth - there are certain parts of your house (design and structure-wise) that buyers might not like. It's hard to hear, but read on to learn some of the major aspects of your home that buyers will be looking for and what they really don't care to see (or smell)! 

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Buy | Real Estate

A New Crop Of Buyers is Entering the Market

By: Jessica Martin
August 17th, 2017

Have you ever considered living on a farm?  Trends in the DC Metro lead heavily towards this being a normal question that many people have come to ask themselves.  Maybe we wouldn’t jump right into owning a 100 acre farm in North Dakota, but we have been asking ourselves lately: what, exactly, is in the food we eat, and how do we buy it? 

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Making the Best Offer to Win the House of Your Dreams

By: Eric Stewart
March 27th, 2017

Have you ever tried to buy a house, but lost to the competing offer?  Eric explains how to use an escalation clause to get the house of your dreams.

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