Yesterday I spend quite a bit of time running a Comparative Market Anaylsis for a Bank Owned Home one of my clients was interested in. I prepared the offer per her request and sent it by email. We were scheduled to go over the offer mid day.
Later in the day the client calls to say " I was so excited about buying this house I shared the news with a few friends and one of them said."Dale City Virginia? Are you sure ? There has to better choices than that?" Have you really thought about this?
Mind you the home of interest is exactly what my client wants. A single family fixer upper with great potential, a big fenced yard, a garage and it has four bedrooms and more than 2500 square feet for the bargain basement price of $140,000 in a Dale City Virginia Neighborhood that is within walking distance to shoppings, fast foods etc. Even better it is an outstanding opportunity for the buyer who has vision. At one point this home was sold for $400,000 back in 2005. Now it is being offered to the market as a REO ( real estate owned ) property. All it really needs is some updating to make it a showplace. Other homes around it are in very good shape and appeared to be well cared for.
This is a perfect example of what happens when friends, family and co-workers get involved in your home buying decisions. They mean well, and don't want to see you make a mistake. Listen with your head not your heart, don't take their criticism personal. Ask yourself these questions?
- Are they saying this because they can afford much more of a home?
- Does this home fit in your pre-approved budget?
- Does the home match your needs, wants and desires?
- Can you see yourself in that home?
- Can you afford better? If not you may have answered your own question
- If you wait, will you miss your golden opportunity?
- When you look back a year from now. Do you think you will say " I should have bought that house!"
It's a this point I always suggest a client take two aspirin and sleep on it.
Then in the morning ask yourself - What Do You Want?
Buying a home is a process. It is a huge investment and most likely the largest purchase you will ever make. Be sure, ask questions, hire a experienced Woodbridge Area Realtor to assist you and only make an offer on a house that you know you can handle, that will work for your family.
Is the process scary? You bet it is! If you weren't scared, then I would think you haven't thought it through enough. The fact that it is scary is just one part of the process, it's also exciting to think you can soon own the house that you've been dreaming about. Foreclosure opportunities are everywhere in the Woodbridge, Dale City and Manassas area's. With the new tax incentive for buyers this spring market is going to be fast paced. Don't get left sitting on the sidelines saying I should have, I wish I could have. Now's the time to buy.
If you need help finding a home in the Woodbridge,Lake Ridge, Manassas Virginiaarea. I work as a Buyers Agent to assist you in finding the home of your dreams. All you need to do to get started is get pre-approved. How do you do that? It's simple, just contact one of these lenders.
When your ready, give me a call. I'll be glad to assist you.
I'm Only A Phone Call Away 703-851-3085
Contact Peggy James or Erick Blackwelder of Erick and Company of Exit 1st Choice Realty,14029 Crossing Way, Woodbridge VA 22192.VA. Realtors®, call 703-851-3085(Peggy) or 703-590-2252(Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's
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Contact Peggy James or Erick Blackwelder of Erick and Company of Exit Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085(Peggy) 703-590-2252 (Office).Give us a call and we can "GET YOUR HOME SOLD FAST"to list your property for sale we service Woodbridge, Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas,Gainesville, Garrisonville and Triangle area's.Basically all of Prince William County Virginia. Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City.



Peggy, I understand it first-hand. Before we closed on our house on 2001 I slept on pins and needles and was a nervous wreck. And this is after working in banking for 15 years and 10 of those as loan officer. It is a huge investment! I'm one of those people that just wants every single thing done right. You'd hate me as a client, ha! Not really... I'm better now.
Hey Charlie,
I'm sure your a pussycat! Everyone gets nervous. I like to think those that hesitate and say NO mean KNOW. They are not saying NO, they are saying I don't KNOW enough yet to make an confident decision.
Let me ask you something. Once it was all over, the boxes were uppacked was it a good move for you and your family?
Peggy, yes it was an excellent move. We've loved the home for 8 years now and feel like this house was 'meant to be' for us.