Homebuyers might find themselves facing a housing market that is fast-paced and more competitive than usual. Like many regions around the country, certain areas in Virginia have turned into a “seller’s market.” This means that homes are selling fast – and often at...
Can you sue your home inspector?
As a potential homebuyer, one of the most important things you can do prior to closing the sale is order up an inspection. A home inspection is a crucial component of any real estate transaction, as it can reveal potentially costly issues that you may like to know...
Reasons to buy a home after getting married
Many couples buy homes before they get married. Others wait until after the wedding day. It's a personal decision and depends on a litany of factors -- income, debt, relationship strength, the housing market and much more. What you decide is up to you, and either...
Buying your first home: 10 critical tips
You've never owned a home before, but you've always dreamed of it while renting an apartment. You want somewhere that you can really think of as your own. And now you think it's finally time to take that next step. Don't take it lightly. This is a big decision. Below...
How old are first-time home buyers?
There are plenty of examples of first-time home buyers of all ages. Some people buy homes at 18 and rent them out while going through college. Others rent or perhaps live in military housing for years, only buying a house well into middle age. It all depends on the...
Is it a myth that millennials aren’t buying homes?
You often hear people say that millennials are not buying homes, and that it's having a drastic impact on the economy. At that same age, younger generations were buying homes and starting families. Millennials have far too much student debt. They spend their money on...
What do you want in your starter home?
Odds are that the first home you buy isn't going to be the one you live in for the rest of your life. Many people buy starter homes. It's a step up from renting an apartment, but they plan to move on to bigger, more expensive homes as they advance in their careers....
5 key issues to consider during a home inspection
When you're considering buying a home, you need to make sure that your offer is contingent on the home passing an inspection. If you find issues, you can then offer a lower amount, ask the homeowner to make the repairs or back out of the deal entirely. This clause is...
What rights do you have with an easement?
When buying real estate, it is very important to find out if anyone else has an easement that goes with the land. Typically, the easement is going to stay with the property, even through a sale, so you may have to honor it even though you had nothing to do with the...
Who owns that fence on your property line?
You and your neighbor have a fence between your lots, but you do not both have your own fence on your side of the line. You have a single fence, running right down the property line itself. From an aesthetic perspective, this design makes sense because it keeps the...
