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Northern Virginia - Maryland - D.C. areas

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Rates are Low, but is Now the Time to Buy?



Looking to buy or sell a home in Northern Virginia? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price  Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (703) 636-3588 for a FREE home buying or selling consultation to answer any of your real estate questions.


Today we are excited to be joined by our preferred lender, Jim Evans of Potomac Trust Mortgage. He is here to give you some valuable information on current mortgage interest rates and what you can expect if you are thinking of either buying or refinancing today. 

Right now in Northern Virginia, we are at an 18-month low for mortgage rates. This is excellent, and means we haven't seen mortgage rates this low since early 2013. 

Here is an article about these extremely low rates, which are being seen on a national scale.

If you want to save thousands over the life of your home loan, Jim suggests locking in a rate now. When rates are this low, they will get worse before they get better and chances are they will rise instead of falling.

If you have any questions at all for Jim, you can reach him at (703)-282-9692.

One thing we love about Jim is his honesty. If you want the facts and someone who will be a straight shooter with you, Jim is your guy.

Thanks again for joining us today. For all your real estate needs, whether you are buying or selling, give us a call. We'd be glad to go over your situation with you and figure out how we can make your next home transaction a breeze. 

Utilize our Closing Lawyer for a Smoother Transaction



Looking to buy or sell a home in Northern Virginia? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price  Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (703) 636-3588 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today I have invited a full service, real estate attorney, Susan Pesner with Pesner Kawamoto Law Firm, to speak with you about the difference between a settlement company with a lawyer available and a settlement company without a lawyer available.

Overall, it is always a better option to hire a settlement company with at least a lawyer available or a law firm like Susan's with settlement options. The main advantage with a law firm is that they can provide you with personal legal counsel and can interpret many different contracts for you. Many other companies have lawyers on staff while others simply outsource as needed but will remain neutral should a legal dispute arise. At the Gresh Group, we highly recommended those companies with at least 1 full time, employed lawyer on staff that we can connect directly with should an issue arise. (delete - Susan's office will work to make your settlement much easier and less painful, and they will fill you in on what is happening throughout the entire process.)

Susan has been handling settlements and settling real estate disputes for over 35 years. Her goal is to give you a smooth transition from purchase to sale. Susan's office is just 10 minutes away from ours, and she is always able to help buyer and sellers in Northern Virginia.

If you would like to know more about Susan or how she might be able to help you, then please feel free to contact her at 703-506-9440 or SPesner@PesnerKawamoto.com.

As always, contact me at 703-636-3588 or Janet@TheGreshGroup.com with any questions or concerns about real estate in Northern Virginia.

When Searching for a Home, the Web Can Lead You Astray



Looking to buy or sell a home in Northern Virginia? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price  Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (703) 636-3588 for a FREE home buying or selling consultation to answer any of your real estate questions.

When Searching for a Home, the Web Can Lead You Astray

 

The National Association of Realtors says that 90% of home buyers begin their home search online. The same is true for sellers, who try to determine an accurate price for their home by searching for similar homes online. There are a lot of advantages in doing this, but there are also huge disadvantages with using these websites.

The most commonly used websites are Zillow, Trulia, and Realtor.com. Have you ever wondered why these websites exist? They exist to make money, and they are making money off of you and your data. When you register for these websites, they take your information, compile it, and then sell it to Realtors who are looking for leads. They sell zip codes to real estate agents all across the country just from the information that you freely provide them.

The major disadvantage of these websites to you is that their information is simply inaccurate. Their goal is to show as many homes as possible, and that means that they will post homes that are listed, under contract, and also properties that have already been sold. These websites also estimate the value of homes, and these estimates are wildly inaccurate. Zillow will actually tell you how accurate their home prices are if you scroll down to the bottom of the page. When I did this, Zillow actually told me that their home prices for the Washington DC area were 90% wrong! That is huge.

The only way to ensure that you're getting accurate information is to pick up the phone and call a real estate agent such as myself. We have access to accurate and updated listings that websites cannot offer you. As soon as a property comes onto the market, we can send it to you so that you have the best chance of getting the home that you want.

If you're interested in purchasing a home in Northern Virginia, Maryland, or Washington DC, then please call me at 703-636-3588. I would be more than happy to sit down and discuss your individual needs.