Not Convinced It’s a Great Time to Buy? Read This and Pick Up the Phone!
March 30th, 2008 Categories: Real Estate News
A true story currently making the rounds in Northern Virginia involves a young couple, a brand new million+ dollar house and what a bit of savvy negotiating can mean in this market:
- After negotiating the price from $1.63 million to $1.4 million, the buyers, concerned that trees planted directly in the center of the backyard would make playtime challenging for their two young children, required the builder to replant the trees in the side yard.
- The housing inspector found the possibility of ‘cupping’ - when the wood warps due to excessive moisture - and the builder was required to re-stain, re-sand and refinish the home’s first and second levels and the stairs AND guarantee it for a year.
- The seller agreed to pay the closing costs of some $21,000.
Are you ready to get in on this market? Call me at 703.927.4554 and let’s talk about your dream house.
Thanks for stopping by,
Michael
Seriously…. replant the trees. i can’t replant a flower, and those trees are huge. it is a great time to buy here.
A lot of people are going to miss this opportunity because they can’t handle the idea that the prices will decline a little more. I always tell the, when you finally see the post article that says we are at the bottom, it will be too late. the bottom has passed.
Jonathan,
You’re right, newspapers are determined to forecast doom and gloom no matter what. If folks would actually sit down and talk with an agent and look at what is selling and WHY, they would understand that there are some great buys out there and that this area will always be good for home ownership.
Michael