Recently I responded to the above question on a local neighborhood website. Why a person was asking a bunch of neighbors a legal question, I have no idea. Far be it from me to get into the legal weeds regarding general reasons one should or should not set up a trust. However, having helped dozens […]
In this hot market, if you are trying to buy, getting a home under contract takes hard work, great strategy and, often, a bit of luck. Inventory remains low and demand far exceeds supply. Yet, I sense that more contracts then ever are falling apart before they get to settlement. How can that be? Well, […]
Frequently the decision to buy or sell a home is driven by an event or timeline. Perhaps you have taken a new job in another city and need to relocate now. Or a baby is due and your current housing situation will quickly become inadequate. Or you need to make a move between school years. Other […]
I was recently reading Michael Lewis’ book, “The Undoing Project” which is about two Israeli psychologists who developed several innovative decision making theories. Some suggested that perhaps we are not as rational as we think we are. In chapter 9 there is a long discussion on the theory of regret. They discovered that people did […]
We have all received emails from foreign “dignitaries” who need our help transferring millions of dollars into the US. Or we get an email from a “relative” who was robbed while on vacation and needs money to get back home. These are easy to spot as frauds. But now hackers are getting more sophisticated. They […]
You are not going to like me. I am about to ruin your day. Here is a link to the classic theme song for that famous 70’s sitcom that inspired the title to this post. (“…Movin on up to the East Side, A Deluxe Apartment in the Sky…” Now it will be stuck in your head […]
Of course the right answer is to price right. But most of the time “right” involves a range. Should a seller price at the upper end or the lower end of that range? As with most questions, the answer is it depends. This where an experienced Realtor adds value. Let me explain. PRICING BASICS When […]
The Spring market in Northern Virginia is hot. It is not uncommon for new listings to receive multiple offers. In fact, I had 3 homes sell this month with multiple offers that were above asking. Why is this happening? Well, interest rates are still very attractive and buyers are out in force but sellers are […]
I have written about the teardown business before. In one article “Is Your Home Worth More Dead Or Alive?” I suggested sellers should take time to analyze their situation and decide whether it is better to sell to a builder or sell to an owner occupant. In the other “Vienna Teardowns Part 2 – Street […]
In Deuteronomy and other places, the Bible talks about the sins of the Father being passed down to future generations. Well, moral issues aside, in real estate it is possible that a father’s financial transgres-+sions can hinder the prosperity of future generations. But did you know that in probate court the financial sins of a […]
