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.
When selling your home, you’re the boss when it comes to deciding when to move. Depending on your particular situation, there are three times you can consider vacating your current home – before, during, or after the sale. Like a lot of decisions pertinent to the home sale process, a number of trade-offs can come into play.
Our Market Ready Guide provides strategic advice and useful tips to get top dollar for your house when the time comes to sell.
You hired a Realtor, prepared your property for market, kept your house in immaculate condition for showings, found an interested and qualified buyer, and you finally have a ratified (signed by buyer and seller) contract. Nothing else to do, right? On the contrary, though you’re nearing a sale, there is now a closing process, which should be managed carefully by your Realtor or a qualified member of his/her team. Considering the serious legal implications associated with such a large transaction, you’ll definitely want assistance from someone with plenty of experience in home sales.
Last night I met with a couple interested in moving to a larger home from their four bedroom, two-and-one-half bath, split level. Their main motivation for wanting to move is one of square footage; they’re interested in bigger bedrooms, a larger living room, and more kitchen space.
The high value of luxury homes comes from the unique perks they offer, and selling any home entails communicating its value for the price. When people seek luxury, they search for amenities like tennis courts, a pool, a magnificent view, a coveted location, and an expansive lot. The more high-end amenities a home offers, the stronger the perception of its luxury status.
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!
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.
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.
Escrow. In the buying and selling process, you'll come across this word on multiple occasions. What is escrow? What does it mean, and how does it relate to the real estate transaction? Read on to find out more.
One of the questions frequently asked when buying a home is “do I really need to have a survey done?” Join Helen Dankos from RGS Title Group as she explains why a land survey is important to you.