(Photo by Fernanda Publio from Burst) If you don’t live within the limits of a city, town, or other governed community, you may live in an unincorporated area. Unincorporated towns or cities are not part of or legally included under the laws of the state that they are located in. As such, they are sometimes […]
Buying a New Home
Pros and Cons of Buying an Older Home
(Photo by Matthew Henry from Burst) For some people, there’s a real appeal to new construction, with brand new appliances, floors, and electrical systems. But for others, the character of an older house beckons, and the promise of an interesting renovation or the potential of a DIY project is enticing. What some see as a […]
Will Forbearance Ending Mean Foreclosures Are Coming?
(Photo by Matthew Henry from Burst) Whether they are interested because of their own financial situation or because homes in foreclosure tend to be a great deal for home purchasing, many in the real estate market are interested to see how the end of forbearance under the CARES Act extension during the ongoing health crisis […]
What to Know About Homes with Septic Tanks
Photo by Nicole De Khors from Burst While the majority of homes in the Springfield and Burke areas of Northern Virginia are on public sewer, buyers may run across the occasional homes with septic tanks. This is a home feature that can make some prospective buyers nervous, but it does’t have to be the factor […]
Should ‘Back on the Market’ Worry You?
Photo by Sarah Pflug from Burst So you found a home you liked, but it was snapped up before you could put in your offer (or your bid was rejected), but now that home has come back on the market. Should you jump for joy that you’ve been given another chance? Or should you worry […]
4 Reasons Americans Are Moving
(Photo by Shopify Partners from Burst) In the middle of a pandemic that upended our lives and livelihoods, a record number of people in the United States looked to make a move. Whether it was because their needs had changed, they were looking for something different out of their living space, or they just wanted […]
What is An Appraisal Gap?
(Photo by Shopify Partners from Burst) Anyone buying a home today likely knows what an appraisal is, but what about an appraisal gap? A home appraisal is almost always required by a homebuyer to fulfill their requirements when obtaining a mortgage loan, or, even in the absence of a mortgage, to understand the value of […]
Don’t Put Your House Hunt on Hold!
(Photo by Matthew Henry from Burst) Does everything going on in the real estate market right now make you just want to wait it out and see what happens instead of starting your house hunt? While that sounds like it might be a good strategy for uncertain times, it would also be a shame to […]
