Will Your Life Work the Way You Want It to in 2009?
By robertearl | July 15, 2009
As I mentioned earlier, 2009 may bring greater uncertainty and more unsettling economic news than recent years, but these circumstances should compel us to take a deep breath, and pause to think about our lives.
When things happen in the world that seem so far beyond our individual control, it can feel unsettling.
Don’t give up on your goals and dreams just because “the time isn’t good”… you can still make 2009 the year you uncover a whole new you for the better!
Even in tough times, you get to decide how to respond to certain conditions, opportunities, and outcomes—both good and bad.
Life will always be a series of choices and YOU get to decide on what will move you closer to your goals, or farther away from them. External forces will always be part of the equation, even during the good times when the world is thriving.
When people ask me about the single most important ingredient to success, I always share the same response: realizing what’s making you achieve success, and then realizing what is stifling your success.
Sometimes recognizing the things that are NOT working in your life can be painful, yet VERY powerful to shaping the life you want.
Don’t try to rationalize them, make excuses for them, or hide them. This is when it’s even more critical to take personal inventory and evict those excuses, rationalizations, and hidden habits that don’t serve you. These things will keep you from the life you want to be living. Let me give you some examples. Ask yourself if you relate to any of these questions:
Do you want to be active, fit, and strong? Then you have to stop making excuses about your weight, diet choices, and lack of exercise.
Do you want to be in a loving relationship based on friendship and respect? Then you have to stop rationalizing why you and your partner are not communicating well.
Do you want to embrace Monday mornings and feel excited about going to work every day? Then you have to stop hiding your true passions and go after whatever it is you really want to be doing day in and day out.
Do you want to lose the debt forever? Then you have to stop ignoring your spending habits and get real about a creating budget that will pull you out of debt and allow you to reach financial freedom.
Do you want to feel more connected to the people in your life, such as your children, friends, and colleagues? Then you have to stop complaining about your poor relationships and figure out why you don’t feel as connected as you’d like to be.
These things can be painful to look at because the truth is that you have to do something about them in order to make it work in your life.
You’ll have to say no to the second helping of dinner and the dessert to follow and go through the awkward stage of getting into shape… You’ll have to confront your partner about the areas that need work… You’ll have to get past fears about changing your job or professional path… You’ll have to cut back on your spending and be frugal… You’ll have to take a good hard look at your personal relationships and perhaps consider your own shortfalls and weaknesses in communicating your needs and concerns.
Plain and simple, you will have to do something uncomfortable.
Successful people don’t waste time in denial (or complain or make excuses for that matter). They face situations like a warrior. They look for the warning signs, they find out why things aren’t working, and they go about fixing them- even when fixing requires problem solving, hard work, risk, and a level of uncertainty.
It’s okay to identify a problem even though you haven’t a clue about how to go about solving it right away.
The first step is just recognizing the issue, and then having faith that you’ll figure it out with careful attention to it. That’s how successful people live—in constant focus on goals, on results, on problem solving, and on the actions that get them to where they want to be.
Following are three things to do constantly in pursuit of your goals and dreams, however big or small:
- Awareness: Keep your awareness on the feedback you are getting from life and decide to address the situations immediately. Don’t bottle up feedback, cast it aside, and avoid it like you would a pile of dirty laundry or a stack of unopened bills. Life tells you things every day. Do this. Don’t do that. Think about this. Try me. Forget that. We live in a world that seemingly encourages us to live on autopilot. Successful people fly manually every day and so should you. When those feedback signals come in, listen to them and use them in planning your next step.
- Commitment: Commit to finding out why things aren’t working and learn what will fix them. Once you start the process it will be much easier to continue. Nothing fruitful stems from inaction.
- Trust: Trust that making changes to the situation will ultimately bring about the best results. Sure you might go through a bit of discomfort during the change, and some unlikely or unwanted outcomes, but in the end you will triumph!
So are you ready to admit the things that just are not working out?
Make a list of the things in your life that are working against your success and ask how the situation can be improved. Commit to tackling just one of those issues and be brave!
If you need help organizing those “things” in your life, try using the following list of categories. I recommend reflecting on each of the 7 areas and ask yourself, what’s not working here in each one and then brainstorm 3 potential solutions.
1.) Financial Goals, 2) Career/Business Goals, 3.) Free Time/Family Time, 4.) Health/Appearance Goals, 5.) Relationship Goals, 6.) Personal Growth 7.) Making a Difference
Remember, by facing what is not working, you can only improve your life!
Jack Canfield, America’s Success Coach, is the founder and co-creator of the billion-dollar book brand Chicken Soup for the Soul and a leading authority on Peak Performance. If you’re ready to jump-start your life, make more money, and have more fun and joy in all that you do, get your FREE success tips from Jack Canfield now at: www.FreeSuccessStrategies.com
Topics: Earl of Success, Robert Earl | No Comments »
Do You Have What it Takes? … Success Begins with Believing
By robertearl | June 24, 2009
In previous editions of Success Strategies, we’ve talked about how in order to be successful, we must first define what success means to us, and that means getting CLEAR about what you want, writing it down, and thinking BIG!
If you are going to be successful in spite of a recession and create the life of your dreams, you have to believe that you are capable of making it happen. You have to believe you have the right stuff, that you are able to pull it off.
You have to believe in yourself. Whether you call it self-esteem, self-confidence, or self-assurance, it is a deep-seeded belief that you have what it takes – the abilities, inner resources, talents, and skills to create your desired results.
Ultimately, you must learn to control your self-talk, eliminate any negative and limiting beliefs, and maintain a constant state of positive expectations.
Control Your Self-Talk
Researchers have found that the average person thinks as many as 50,000 thoughts a day. Sadly, many of those thoughts are negative — I’m not management material… I’ll never lose weight… It doesn’t matter what I do, nothing ever works out for me.
This is what psychologists call victim language. Victim language actually keeps you in a victim state of mind. It is a form of self-hypnosis that lulls you into a belief that you are unlovable and incompetent.
In order to get what you want from life, you need to give up this victim language and start talking to yourself like a winner — I can do it... I know there is a solution… I am smart enough and strong enough to figure this out… Everything I eat helps me maintain my perfect body weight.
You Are Always Programming Your Subconscious Mind
Your subconscious mind is like the crew of a ship. You are it’s captain. It is your job to give the crew orders. And when you do this, the crew takes everything you say literally. The crew (your subconscious) has no sense of humor. It just blindly follows orders. When you say, “Everything I eat goes straight to my hips,” the crew hears that as an order: Take everything she eats, turn it into fat and put it on her hips!
On the other hand, if you say, “Everything I eat helps me maintain my perfect body weight,” the crew will begin to make that into reality by helping you make better food choices, exercise, and maintain the right metabolism rate for you body.
This power of your subconscious mind is the reason you must become very vigilant and pay careful attention to your spoken and internal statements. Unfortunately, most people don’t realize they are committing negative self-talk, which is why it is best to enlist another person — your success partner — in monitoring each other’s speaking. You can have a signal for interrupting each other when you use victim language.
Use Affirmations to Build Self-Confidence
One of the most powerful tools for building self-worth and self-confidence is the repetition of positive statements until they become a natural part of the way you think.
These “affirmations” act to crowd out and replace the negative orders you have been sending your crew (your subconscious mind) all these years. I suggest that you create a list of 10 to 20 statements that affirm your belief in your worthiness and your ability to create the life of your dreams.
Of course, what to believe is up to you, but here are some examples of affirmations that have worked for others in the past:
- I am worthy of love, joy and success.
- I am smart and make wise choices.
- I am loveable and capable.
- I create anything I want.
- I am able to solve any problem that comes my way.
- I can handle anything that life hands me.
- I have all the energy I need to do everything I want to do.
- I am attracting all the right people into my life.
Believing in Yourself is an Attitude
Believing in yourself is a choice. It’s an attitude you develop over time. It’s now your responsibility to take charge of your own self-concept and your beliefs. It might help to know that the latest brain research now indicates that with enough positive self-talk and positive visualization combined with the proper training, coaching, and practice, anyone can learn to do almost anything.
You must choose to believe that you can do anything you set your mind to – anything at all – because, in fact, you can!
Jack Canfield, America’s Success Coach, is the founder and co-creator of the billion-dollar book brand Chicken Soup for the Soul and a leading authority on Peak Performance. If you’re ready to jump-start your life, make more money, and have more fun and joy in all that you do, get your FREE success tips from Jack Canfield now at: www.FreeSuccessStrategies.com
Topics: Earl of Success, Robert Earl | No Comments »
Northern Viriginia’s Most Expensive Luxury Homes for Sale
By robertearl | June 20, 2009
View the complete list at 77 Most Expensive Homes for Sale in Northern Virginia
| FX6921818 Mclean’S Gold Coast |
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| 670 Chain Bridge Rd Nw, Mclean 22101 | |||||||||
| $11,775,000 | |||||||||
| 9/10/3 | |||||||||
| FX7001380 Ferry Landing |
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| 9500 Ferry Landing Ct, Alexandria 22309 | |||||||||
| $10,750,000 | |||||||||
| 6/5/1 | |||||||||
| FX7040319 River Oaks |
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| 612 Rivercrest Dr, Mclean 22101 | |||||||||
| $9,900,000 | |||||||||
| 7/9/2 | |||||||||
| FX6802859 Braddock Woods |
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| 5905 Salaberry St, Clifton 20124 | |||||||||
| $9,754,563 | |||||||||
| 12/15/5 | |||||||||
| FX6790005 Difficult |
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| 9050 Falls Run Rd, Mclean 22102 | |||||||||
| $9,500,000 | |||||||||
| 5/5/2 | |||||||||
| FX6769695 Bulls Neck Hundred |
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| 710 Bulls Neck Rd, Mclean 22102 | |||||||||
| $8,995,000 | |||||||||
| 6/6/1 | |||||||||
| AR6420671 Arlingwood |
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| 407 Chain Bridge Rd, Arlington 22207 | |||||||||
| $8,850,000 | |||||||||
| 5/5/1 | |||||||||
| FX6845071 Akhtamars Haven |
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| 10250 Akhtamar Dr, Great Falls 22066 | |||||||||
| $8,400,000 | |||||||||
| 7/5/5 | |||||||||
| FX7047527 Iman Manor |
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| 10350 Elizabeth St, Great Falls 22066 | |||||||||
| $7,900,000 | |||||||||
| 6/10/3 | |||||||||
| LO6938036 None |
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| 35815 Snake Hill Rd, Middleburg 20117 | |||||||||
| $7,595,000 | |||||||||
| 5/3/1 | |||||||||
| FX6673291 The Reserve |
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| 880 Centrillion Dr, Mclean 22102 | |||||||||
| $7,500,000 | |||||||||
| 6/7/2 | |||||||||
| Last updated: 20-Jun-09 | |||||||||
Topics: Alexandria VA Real Estate, Arlington VA Real Estate, Great Falls VA Real Estate, McLean VA Real Estate, Northern Virginia Real Estate, Oakton VA Real Estate, Reston VA Real Estate, Vienna VA Real Estate | No Comments »
Invitation to our Grand Opening - Keller Williams Reston
By robertearl | June 18, 2009
The Earl of Real Estate Team is inviting our clients and guest to our New Office Grand Opening to be held in our Keller Williams Realty Reston Offices at 11700 Plaza America Drive Reston, VA 20190 on June 23rd 2009 from 6-9pm. We will have food, beverage and drawings for great items.
Topics: Debra Earl, Northern Virginia Real Estate, Reston VA Real Estate, Robert Earl, The Earl of Real Estate Team | No Comments »
Top 10% of the 77 Most Expensive Condos in Northern Virginia
By robertearl | June 15, 2009
| AR6581607 Turnberry Tower |
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| 1881 Nash St N Ts10, Arlington 22209 | |||||||||
| $7,120,000 | |||||||||
| 5/5/0 | |||||||||
| AR6819633 Turnberry Tower |
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| 1881 Nash St N 1901, Arlington 22209 | |||||||||
| $3,690,000 | |||||||||
| 3/4/1 | |||||||||
| AR6953621 Waterford House |
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| 1200 Crystal Dr 1713-1714, Arlington 22202 | |||||||||
| $3,499,000 | |||||||||
| 3/3/0 | |||||||||
| AR7007443 Odyssey |
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| 2001 15Th St N 1504, Arlington 22201 | |||||||||
| $2,998,000 | |||||||||
| 3/3/1 | |||||||||
| AR6819627 Turnberry Tower |
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| 1881 Nash St N 2002, Arlington 22209 | |||||||||
| $2,640,000 | |||||||||
| 3/3/1 | |||||||||
| AR6819611 Turnberry Tower |
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| 1881 Nash St N 1904, Arlington 22209 | |||||||||
| $2,365,000 | |||||||||
| 2/3/1 | |||||||||
| AR7000859 Bella Vista |
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| 1211 Eads St S 2001, Arlington 22202 | |||||||||
| $2,200,000 | |||||||||
| 2/2/1 | |||||||||
| AR6819603 Turnberry Tower |
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| 1881 Nash St N 2108, Arlington 22209 | |||||||||
| $1,987,000 | |||||||||
| 2/2/1 | |||||||||
| AR6926938 Waterview |
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| 1111 19 St N 2402, Arlington 22209 | |||||||||
| $1,949,000 | |||||||||
| 2/2/10 | |||||||||
| AR7036590 Wooster And Mercer Lofts |
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| 1600 Clarendon Blvd M408, Arlington 22209 | |||||||||
| $1,799,900 | |||||||||
| 3/2/1 | |||||||||
| AR6910551 Bella Vista |
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| 1211 Eads St S 2101, Arlington 22202 | |||||||||
| $1,500,000 | |||||||||
| 3/2/1 | |||||||||
| Last updated: 15-Jun-09 | |||||||||
To see the entire list - 77 Most Expensive Condos for Sale in Northern Virginia
Topics: Arlington VA Real Estate, Ashburn VA Real Estate, Chantilly VA Real Estate, Earl of Success, The Earl of Real Estate Team | No Comments »
Reston Virginia Mls Listings Can Help You Sell Your Home
By robertearl | June 11, 2009
If you are in Herndon and looking for herndon va real estate, you will get the market snapshot, Virginia mortgage rates along with a payment calculator so as to let you know how and when you are getting paid. Everything in the transaction is clearly written and you can easily calculate and decide for yourself what suits you best.
You’ll find out everything you need to know about purchasing and selling both new and previously lived in homes including the necessary data on local prices and construction specs. Reston, which is in the north of Virginia, is famous for its lovely green landscapes and is a marvelous place to purchase a place to live in.
You will get reston virginia mls listings for homes and depending upon your requirements or desire and of course budget, you can decide on your own. When you are searching for all this online, you don’t have to face any kind of obligation and you can compare as many rates and quotes you want.
If you want to sell your home online, you can take the help of search engines and if you want to contact a broker for this you will also get reston virginia mls listings. You can either contact or email them one by one and ask them for their commissions and regulations so that you can select the most profitable one. You must also be careful during this because looking for only monetary benefit might put you in the wrong hands.
When you are looking for information on the web, prior to closing in on any one portal for the service it offers, be sure of its legitimacy. No doubt, there are a number of bonafide sites, at the same time there are equal number of bogus sites. Hence you may have to tread carefully and make sure to peruse the credentials and the opinions of those who patronize the site. These inputs will help you to be prepared for any eventuality connected with the portal in question.
If you want to sell a house, you can get all the info you need when you are sitting at home. All the data you need to sell your home online is available and right at your fingertips. If you’re in Herndon, you can search for Herndon VA real estate. You will find out everything you need to know about buying or selling. You can also search Reston Virginia mls listings to find what you need. Make sure that any website you check out and use is reputable and not fraudulent.
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Reston Virginia Real Estate
Topics: Herndon VA Real Estate, Northern Virginia Real Estate, Robert Earl, Sell your Home, Springfield VA Real Estate | No Comments »
Who is Responsible for Your Success?
By robertearl | June 3, 2009
This isn’t a trick question.
Certainly you know the answer—the person who has been responsible for the life you live right now: YOU.
Everything about you is a result of your doing or not doing… Your income. Debt. Relationships. Health. Fitness level. Attitudes and behaviors.
I think everyone knows this in their hearts, but often times people convince themselves into thinking that external factors are the source of their failure, disappointment, and unhappiness.
External factors do not determine how you live. YOU are in complete control of the quality of your life.
When I hear people complain about the state of their life (be it their problems with personal finances, weight, their jobs, or general dissatisfaction) I like to help them see things differently.
If they feel “stuck” and unable to move forward for whatever reason, I ask them to scrutinize both what is working well and what isn’t working well in their life and see how they’ve arrived at where they currently are.
For example, if a woman tells me she’s unhappy with her weight—she travels frequently, and has no to time to exercise or seek healthy foods—I point out that her weight is not a result of her travels and schedule. It’s an outcome of what she chooses to eat and how she chooses to move, regardless of her daily agenda. Why not make a conscious effort to pre-plan healthy meals and snacks, even if it’s on the go, and sneak in 10 minutes here and 10 minutes there to be physically active (hey, I know some frequent flyers who make it a habit of running through airports!).
If you’re frustrated with any area in your life, then it’s time to take a little inventory. Certainly there are wonderful things happening, whether it’s your job, your romantic relationship, your children, your friends, or your income level. Your accomplishments are just as important as your missteps.
First, congratulate yourself on your successes; and then take a look at what isn’t working out so well. What are you doing or not doing to create those experiences?
Watch out! If you find yourself beginning to complain about everything but the choices you’ve made, then you need to take a step back. See if you can stop blaming outside factors for your unhappiness.
When you realize that you—and only you—create your experiences, you’ll realize that you can un-create them and forge new experiences whenever you want.
How empowering is that!
You must take responsibility for your happiness and your unhappiness, your successes and your failures, your good times and your bad times.
All too often we choose to claim the successes and blame the failures on others or other circumstances. When you stop blaming, however, you can take that energy and redirect it to focus on shaping a better situation for yourself. Blaming only ties up your energy. Imagine roping all the energy into a positive effort.
Some ideas to make this happen:
Believe, Believe, Believe! Have unwavering faith in yourself, for good and bad. Make the decision to accept the fact that you create all your experiences. You will experience successes thanks to you, and you will experience pain, struggle, and strife thanks to you. Sounds a little strange, but accepting this level of responsibility is uniquely empowering. It means you can do, change, and be anything. Stumbling blocks become just that—little hills to hop over.
Take no less than 100% responsibility . Successful people take full responsibility for the thoughts they think, the images they visualize, and the actions they take. They don’t waste their time and energy blaming and complaining. They evaluate their experiences and decide if they need to change them or not. They face the uncomfortable and take risks in order to create the life they want to live.
Stop complaining . Look at what you are complaining about. I’m fat. I’m tired. I can’t get out of debt. I won’t ever get a better job. I can’t stand the relationship I have with my sister. I’ll never find a soulmate in life. Really examine your complaints. More than likely you can do something about them. They are not about other people, other things, or other events. They are about YOU.
Make an immediate change. Are you unhappy about something that is happening right now? Make requests that will make it more desirable to you, or take the steps to change it yourself. Making a change might be uncomfortable for you. It might mean you have to put in more time, money, and effort. It might mean that someone gets upset about it, or makes you feel bad about your decision. It might be difficult to change or leave a situation, but staying put is your choice so why continue to complain?
You can either do something about it or not. It is your choice and you have responsibility for your choices.
Pay attention. Looking to others for help and guidance is helpful, but don’t forget to stay tuned in to yourself—your behavior, attitude, and life experiences. Identify what’s working and what isn’t. If you need to, write it all down. Then…
Face the truth and take action for the long term . You have to be willing to change your behavior if you want a different outcome. You have to be willing to take the risks necessary to get what you want. If you’ve already taken an initial step in the right direction, now’s the time to plan additional steps to keep moving you forward, faster.
Isn’t it a great relief to know that you can make your life what you want it to be? Isn’t it wonderful that your successes do not depend on someone else?
So if you need just one thing to do different today than you did yesterday, make it this:
Commit to taking 100% responsibility for every aspect of your life. Decide to make changes, one step at a time. Once you start the process you’ll discover it’s much easier to get what you want by taking control of your thoughts, your visualizations, and your actions!
Jack Canfield, America’s Success Coach, is the founder and co-creator of the billion-dollar book brand Chicken Soup for the Soul and a leading authority on Peak Performance. If you’re ready to jump-start your life, make more money, and have more fun and joy in all that you do, get your FREE success tips from Jack Canfield now at: www.FreeSuccessStrategies.com
Topics: Earl of Success, Robert Earl | No Comments »
Northern Virginia Mls Listings - Desirable Suburbs
By robertearl | June 3, 2009
People looking for a new home or land to build on should take a look at Northern Virginia real estate for sale. For those who are familiar with the area, they know there is much to be had. Buyers with experience will see that properties in the northern Virginia area are a great investment.
Northern Virginia is the area that surrounds Washington, D.C. Many call it D.C.’s most desirable suburb. Thousands of major companies are headquartered there offering continuous job growth. Also, many government employees choose to live in Northern Virginia for its proximity to their jobs.
But Northern Virginia isn’t all work and no play. There are lots of sights to see such as historical landmarks and the beautiful Blue Ridge Mountains. For physical activity, you can enjoy hiking, canoeing, kayaking, and skiing. And if you just want to shop, there are both large shopping areas as well as more intimate boutiques where you will find just what you’re looking for. And for peace of mind, some of the world’s finest medical facilities are nearby. Northern Virginia has everything you need.
Northern Virginia offers a nice change of scenery compared to the hustle and bustle lifestyle of DC. MLS listings offer many homes in this area, such as Centreville VA real estate. And the best part is these homes are much larger than those in DC. You can even have a nice yard to putter in. Centreville is close to roadways that connect to DC and to Dulles International Airport, so you have easy access to work and a travel hub.
The homebuyer can feel assured that their investment in the Northern Virginia housing market will offer security and great return. With a vibrant economy providing an ever growing number of jobs and a superb educational system, the communities of Northern Virginia welcome those attracted to the area. Each year more people find the difference and choose to live in this region, where the equity of their home will continue to flourish.
Northern Virginia has some of the best homes available. It has homes that would be suitable for people from all sections of society. There are established subdivisions plus new developments happening. Even a very picky home buyer who has many detailed wish lists for their dream house will be able to find the perfect home they desire.
When looking for real estate, Northern Virginia has many great benefits. People who work in Washington, D.C. will appreciate the proximity of Northern Virginia. Centreville VA real estate provides larger homes. It is also convenient to the Dulles International Airport. When looking through Northern Virginia mls listings, you will find houses in older, well-established subdivisions as well as newer developments. Activities available in the area include hiking, canoeing, kayaking, and skiing. You can enjoy the Blue Ridge Mountains, as well as the convenience of nearby shopping. Northern Virginia real estate for sale offers something that will appeal to everyone.
Technorati Tags: Northern Virginia real estate, Northern Virginia, Washington, D.C, Blue Ridge Mountains, Centreville VA real estate
Topics: Northern Virginia Real Estate, Robert Earl | No Comments »
Northern Virginia Condos Offer You Freedom
By robertearl | April 21, 2009
Due to it being near the hub of the nation, Washington DC, affordable housing in northern Virginia is at a premium. Houses might reach seven figures, and still demand is at a high because so many people work for either the government or it’s associated businesses and agencies. While some have high salaries, many civil servants will need to economize themselves.
For many people, condos in Northern Virginia provide fine places to live. Since the cost of renting an apartment in Northern Virginia is very high, it may be cheaper to buy a condo than to lease one or to rent an apartment. In addition, buyers have their choice of location, so resale is likely to be simple and profitable. Buying a condo also has tax advantages that make the transaction even more favorable.
Making contact with a real estate broker in northern Virgina is easy to do by telephone or online. The area is pretty as well as convenient to the offices of government as their colorful ads point out. A broker may also answer any questions you may have pertaining to taxes, schools, or commuting times. It is a possibility to buy in different ways, but a broker is the prime choice for the general population.
For the region, some of the more modest condominium prices can be found in the Alexandria VA real estate market. Properties listed under $250,000 are not common but what you will find in that price range is generally limited to condominiums. When determining the cost of a condo you must factor in the monthly maintenance fees which can possibly be quite high.
Northern Virginia condos also offer freedom for busy people from chores like mowing lawns and routine repairs, landscaping or pool care. These are covered by the monthly fees and the time saved may be worth far more than the charges. Larger repairs like roof replacement and significant plumbing or wiring work may be covered out of money held by the condo association and saved for large expenses, but sometimes levies are made for all owners, so read contracts carefully.
If there are pools or other potential sources of possible liability from accidents, check with your insurance agent to be sure you won’t be named in a lawsuit, or that you have homeowner’s coverage to protect you in such cases. You may want to compare rental charges for similar units to assess how good a deal really is as well. Northern Virginia condos may be a better long or short term solution than a costly house or a rental that builds no equity and represents only spending.
Northern Virginia affordable housing is at its premium due to its location. The Northern Virginia condos are a good solution for many people. Looking into northern Virginia real estate should be an easy and pleasurable experience. Alexandria VA real estate is filled with condominiums that are available inexpensively. These condos also offer freedom for busy people from chores like mowing lawns and routine repairs, landscaping or pool care. Larger repairs like roof replacement and significant plumbing or wiring work may be covered out of money held by the condo association and saved for large expenses, but sometimes levies are made for all owners, so read contracts carefully.
Technorati Tags: Washington DC, affordable housing, Northern Virginia, condos, Northern Virginia condos
Topics: Northern Virginia Real Estate, Robert Earl | No Comments »
Northern Virginia Mls Listings: Tips For Success
By robertearl | April 4, 2009
Northern Virginia has become one of the most trendy markets for real estate. It has seen a boom recently as people try to relocate there in droves, so much so that it has become the highest income region in the state of Virginia. The cities of Arlington, Fairfax, Loudon, Manassas, and Alexandria are all within close proximity of Washington, D.C., and are considered part of the Baltimore-Washington Metropolitan Area. Because of this influx of new buyers, finding properties for sale may not be an easy task. Realtors can be of great assistance by helping buyers search for homes, particularly through the Northern Virginia MLS.
Does that sound Greek to you? Don’t worry. This article will tell you all about MLS or Multiple Listings Service. It is difficult for any northern virginia real estate agent to keep track of properties in all four counties of Northern Virginia, not to mention properties in independent cities like Falls Church and Alexandria. Therefore, realtors have joined hands to collaborate by building and maintaining a private database of all properties. All property details are posted as MLS listings on this database. As a buyer you can view more properties because of MLS listings.
Why is it important for you to employ a real estate agent when all northern Virginia MLS listings are available in a database? First of all, only realtors are allowed to access the database, so you won’t be able to utilize it without a realtor. Secondly, real estate agents are both educated and experienced in getting you the best deal possible.
As a real estate professional, how do the MLS listings for Northern Virginia help you? They will allow you to take advantage of the services of your local real estate professional regardless of where they happen to be. Also, you won’t need to go to each property in person, since you can gather the pertinent information directly from MLS. This makes purchasing real estate in Virginia a piece of cake.
There are several advantages to using Northern Virginia MLS listings. Your property will be showcased to a larger pool of potential buyers. This makes the probability of realizing your price more likely. Finishing the deal quickly using the MLS listings may also put money back into your pocket by finishing the deal quickly.
If you have any intentions of investing in Vienna Va real estate or, as a matter of fact, any other North Virginia property in the future, make sure that your real estate consultant uses MLS listings. This way you will certainly get a wider selection of properties to choose from and at favorable prices too. Consequently, the real estate agent will make a commission when the property is sold. In summary, Northern Virginia MLS listings create a win-win situation.
This article will tell you all about MLS or Multiple Listings Service. It is difficult for any northern virginia real estate agent to keep track of properties in all four counties of Northern Virginia, not to mention properties in independent cities like Falls Church and Alexandria. Therefore, realtors have joined hands to collaborate by building and maintaining a private database of all properties. All property details are posted as MLS listings on this database. As a buyer you can view more properties because of MLS listings. There are several advantages to using Northern Virginia MLS listings or Vienna VA real estate.
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Northern Virginia Homes For Sale: How To Buy
By robertearl | August 28, 2008
The credit market may be hurting, but you can still purchase the Northern Virginia luxury home of your dreams. Even with the recent weakening of the housing markets, Northern Virginia homes for sale are continuously being sold at reasonable prices in several different counties.
While searching for an ideal Northern Virginia homes for sale you should look something which is just above your price range. Quoting a reasonable price which is slightly lower than what you had budgeted for the home will benefit you as well as the seller. There is nothing wrong in making an offer which you believe as fair. Later in you may find that your instincts were correct after all.
Typically the seller will appreciate the fast offer you made and chances are, the offer will be accepted at the suggested price. This strategy will benefit you because you will be able to stay with in your budget, and get a better house with more features then you had expected to get. As long as you have a clear picture of the things you want in your head, searching for Northern Virginia homes for sale is very simple.
Northern Virginia real estate agents can help you find Northern Virginia homes for sale including Northern Virginia luxury homes, and assist you in the buying process. A loan agent can guide you through the process of getting a loan to pay for your house. Once you are pre-approved for a loan, the fun begins. It is then time to find your dream home in beautiful Northern virginia!
A great place to go is Virginia. When you enter the welcoming state, it feels like home. There are beautiful mountain overlooks and quaint Southern cities. Virginia is becoming a wonderful place to buy property. With today’s always undulating real estate market, buyers have the advantage. This is the prefect time to buy the house of your dreams at an affordable price.
The value of the Northern Virginia houses might by following at the moment, but it will eventually rise again. Would you not like to put money into an amazing house that is guaranteed to make you money down the road? There are several ways to determine how much your house is worth, one of them being a online search for housing prices in your area. Through this, you will know the exact amount to offer for the home in which you are interested in.
Robert Earl - Founder of The Earl of Real Estate Team is a Real Estate Entrepreneur serving the Northern Virginia Real Estate Market. The Earl of Real Estate Team specializes in Vienna VA Real Estate, Condos, Townhomes & Homes for Sale
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Northern Virginia Homes For Sale - Best Homes In The US
By robertearl | August 21, 2008
Northern Virginia real estate listings are great listings for people to find homes for sale that will meet their qualifications. One of the great things about northern Virginia homes is that you can buy a great home in a great location. Towns such as Reston, VA have some of the best homes for sale in the country.
Virginia is a great state and has many things to do. The northern area of the state of Virginia is a great part of the state. It is very close to other bordering states and can offer many things to do around the area. The north eastern part of the United States of America is a great area of the United States of America.
The winters in the area are great times for people that love the northern climate. Part of the northern climate that everyone loves is the cold and the snow. The two go hand in hand. But with snow comes down hill skiing, cross country skiing, snow shoeing, and even sledding.
If the kids you know love to sled and the adults love to ski, both will find something that they enjoy in Northern Virginia. With both sledding and skiing, Northern Virginia is a great vacation spot for both the young and the young-at-heart. The area is all the more heart-warming because both generations can have fun together in the snow outside and enjoy a cup of hot cocoa inside afterwards.
Another thing that people love to do in Virginia is visit historical sites. The fact that this state was one of the original 13 colonies means that there is a wealth of historical facts and sites to take in. People that love history will love a trip to Virginia for vacation or even just to visit.
Also there is a great camping community in the state of Virginia. This means that people are always welcomed by other people that are camping or using their recreational vehicles throughout the state of Virginia. In some places camping is frowned upon, but not in the lovely state of Virginia. There are many campgrounds and camping sites that are available throughout the state of Virginia.
Northern Virgina real estate listings facilitate people to find homes for sale as per their specification. Northern Virginia homes for sale offers great homes in ideal locations. Reston VA real estate has some of the country’s best homes. The northern part of the state of Virginia borders the states of West Virginia and Maryland. The winter in northern Virginia is chill and has snow. This brings winter activities such as cross country/downhill skiing, snowshoe hiking/sledding/snowboarding which you can enjoy. Children love sledding whereas adults enjoy skiing. Virginia is has a number of historical sites to visit and good for historical buffs. Camping sites are another attraction.
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Northern Virginia Real Estate: Selling Your Home
By robertearl | July 14, 2008
If you’re planning to sell your home in the Arlington, VA real estate market or the Springfield, VA real estate market, you need to get advice from a Northern Virginia real estate pro. In these regions of Virginia the real estate market has been experiencing a lot of fluctuation. You’ll soon realize that it’s imperative to seek professional advice before you can arrive at a good asking price for your property.
A great real estate agent will be aware of what houses in the Northern Virginia real estate market, are selling, as well as all factors that could possibly push or negatively effect a sale. Anything that would create noise, traffic, congestion could effect or help a sale. Economic situations have had a huge impact in the past in Northern VA, your agent can help you understand these economic issues and how to best price your home.
You will be able to tell if you have priced your home too high. One way to tell is that you will not be able to sell your house very quickly. If this happens, you need to get together with your real estate agent to decide if you need to lower your price. Your agent can give you good advice because they are also getting input from other agents that have viewed your house.
The most important factor for any person selling their property is obviously the price. Every person wants to receive the highest price possible. But inflating the price too high can push away buyers that could well be interested in one’s property. Real estate agents will show you homes very similar to yours and the included price - this is a good estimate or a nice place to start. Your strategy depends on if you are in a buyer or a sellers market and the resulting issues in the market.
Other elements need to be recognized other than the value you place on your own home. For example, repairs, cosmetic fixes will give your home appeal to the buyer and also improve it’s value. Remember: A prospective buyer is easy to come across but keeping the buyer interested involves a lot more work. Even when you finally find someone who wants to purchase your home, it can still be a long way to when the final deal is closed.
Having a detail-oriented real estate agent is crucial to making your transaction a successful one. Your agent should take care of all the final details after the home inspection. It falls onto the buyer, however, to obtain financing, and the appraiser they use has to agree to the sales price.
If you are getting ready to sell your current home in the Arlington VA real estate market or the Springfield VA real estate market. Your real estate agent will also be getting feedback from other agents who have shown your home. It is important to get sound advice from real estate professional who is familiar with your Northern Virginia real estate market. The most important aspect involved in selling real estate is being able to set a reasonable asking price based on the price of like homes in the area. Your real estate agent will be able to guide you by giving you selling prices for comparable homes.
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Northern Virginia House For Sale Closes Quickly
By robertearl | July 7, 2008
Do you have a Northern Virginia house for sale that hasn’t been gaining much attention? It is no use putting your Northern Virginia house for sale if you don’t have a clear picture of what you want to sell it for or how long you are willing to wait for the sale to close. Obviously, the sooner the house sells, the better.
Your house will most likely sell in about 77 days, because of all the new guaranteed sale programs out for use. Therefore, there is no removing of houses from the market, and also no waiting. Now you can list you house knowing thats it will probably sell to a qualified buyer in a little over two months or less.
Virginia is a beautiful state with so much to offer. This is why Northern Virginia house values continue to rise. When putting up your Northern Virginia house for sale, you may want to consider searching other similar homes for sale to get an idea of the price range under which your house falls. Also, check online to find what your house is worth as of the day you list it.
This will help you decide what people are willing to pay for a home such as yours, which will in turn help you achieve your goal of selling your Northern Virginia house in 77 days or less. Being with knowledge of Northern Virginia real estate listings and houses for sale will assist you in making your dreams into reality.
As is true anywhere else, impressive marketing will help you sell your home in Northern Virginia. You need to emphasize positive aspects of your home that will stand out to potential buyers, such as recent remodeling, new appliances, fresh paint, or new flooring.
Small changes like a new appliance can make your house more appealing to buyers. These small changes can make an incredible difference in how your house looks to potential buyers. Another option to sell your house quickly is a program that helps you get your houses closed within 77 days. Small changes and expertise can help you sell your house fast.
Robert Earl - Founder of The Earl of Real Estate Team is a Real Estate Entrepreneur serving the Northern Virginia Real Estate Market. Robert Earl’s Site showcases Sterling Condos for Sale - Sterling Condo Communities
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Northern Virginia Homes For Sale: Listen To Real Estate Agents Advice
By robertearl | June 23, 2008
This is an exciting time for all those who are in the market for a new home. Don’t let the excitement overwhelm your good sense, though, as it is still important to do your homework before making any decisions. As an aid to you we have conducted a poll among several hundred real estate from Northern Virginia to help you determine a proper course of action before buying a house.
In a recent study on Northern Virginia homes for sale it was learned that prospective homebuyers who hired an independent inspector were 80% more likely to be happy with their home after 6 months. A prospective buyer should never trust an inspector hired by the sellers. It’s also not wise to just randomly choose an inspector from the yellow pages. Our Arlington VA real estate agents suggest you get a reference for an inspector from someone you trust or a real estate agent.
Another important practice is to do your own walkthrough. If you see anything you don’t like, no matter how minor, bring it up with your real estate agent. The points you bring up by doing a walkthrough can be valuable negotiation tools. One real estate agent we interviewed suggested that when a detailed walkthrough is performed on Northern Virginia homes for sale, new owners are much more likely to get a great deal on their home!
Northern Virginia real estate agents also noted that there are several parts of a home that can lead to huge repair bills if they are not in top condition. Among these parts are roofs, hardwood floors, carpets, water heaters, air conditioners, and pools. Make sure that all of these are inspected carefully before you commit to your purchase, or you will face many thousands of dollars in repairs.
Deciding between a Northern Virginia new home for sale and one that is pre-owned involves more than just initial price differences. Your real estate agent will likely explain to you that an older home may be more expensive to maintain over its useful lifetime, from 10% to 40% more costly for upkeep. In some real estate markets, you may find that the older home is considerably cheaper to purchase, and considering price difference and interest charges, this may offset the cost of maintaining an older home.
Whatever the reason for purchasing a home or upgrading, listening to real estate agents advice will make your purchase and research a lot easier and save your time, frustrations and money. The market for Northern Virginia homes for sale is a tough market at the moment but you can make the most with your money with our advice.
When shopping for Northern Virginia homes for sale, follow these tips from Arlington VA real estate agents. First, get an independent inspection of prospective homes. Hire an inspector from recommendations of friends or agents. Second, do a walkthrough and mention anything you don’t like to your real estate agent, who can use your comments as leverage in price negotiations. Know the cost of any repairs or improvements you’d like to make in potential homes. Remember that purchasing Northern Virginia new homes for sale will cost more up front but will save you long-term repair and maintenance costs. Keeping these tips in mind will make the most of your buying power.
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Northern Virginia Real Estate Is What People Want
By robertearl | June 16, 2008
Have you been trying to sell land in the Northern Virginia area without any real success? There is little reason to put a property in Northern Virginia on the market without definite ideas concerning desired price or deadline for completion of the sale. Remember that your desire is to see the home move as quickly as possible.
Making use of guaranteed sale programs will help to sell your house quickly! You won’t have to reduce your price, take your house off the market, and shortens the wait time from listing to closing! Your Alexandria VA real estate and Chantilly VA real estate can be listed with the full confidence that it will sell quickly to a buyer who is not only qualified, but will appreciate your house as well !
The state of Virginia offers much to the potential buyer. Location is a big factor in the continual rising rates for Northern Virginia homes. Look at similar home up for sale near your location to get an idea of what the housing market is for homes like yours. Doing a search on the Internet will also be helpful in determining the trends in the market.
From such information, it is possible to learn the amount individuals are considering paying for comparable property. This data will then allow you to price your Northern Virginia property so it will move rapidly and without stress. Understanding the factors of property pricing can aid you in fulfilling your desire.
The key to selling your house is good marketing. Your Northern Virginia real estate listings will get the notice you want if you draw the buyer’s attention to the uniquely positive attributes of the home you have listed. These items would include remodeling or construction recently completed, added appliances and updated paint and floors.
As a buyer, the newer and more pristine a house appears, the more desirable that house becomes. Even small changes can make a big difference. A new refrigerator or stove can turn a bland kitchen into an updated masterpiece! If you want your house to sell quickly, try a program that assists sellers in getting their houses closed within a certain amount of time. It will put you on the fast track to success!
If you have Alexandria VA real estate or Chantilly VA real estate your are trying to sell, there are steps than can help. Use online resources to determine the correct market value, consider using a guaranteed sales program, and enhancing your marketing. Northern Virginia Real Estate has a great, beautiful location and property values are increasing. You can maximize your sale price by installing new appliances, making all essential repairs, and painting walls and restoring floors. Be certain that your listings and advertising mentions the repairs and new additions and remodeling to make the property more appealing to the buyer.
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Northern Virginia Condos: Are They For You?
By robertearl | June 9, 2008
If you’re in the market for a house or condominium, now is an excellent time to buy. Houses and condos are incredibly affordable, due to burgeoning supply and little competition from other buyers. If your dream is to own a home of your own, the current housing market makes it easy to find.
Condominiums are the fastest-growing part of the Northern Virginia real estate market. A condo is a managed home, and is usually one of a complex of similar units. Condos vary in size and in appearance; some are large, free-standing units that resemble traditional houses, while others are adjoining units with one or two bedrooms each.
Condominiums attract people who are normally homeowners for many reasons. Price is one big factor, since condominiums are almost always cheaper than equivalent houses. Especially in Northern Virginia, where the real estate market is quite pricey, condominiums are a great alternative for anyone looking for a quality, affordable home.
Condominium complexes attract many purchasers with the many amenities that they make available, such as hot tubs, pools, gardens, landscaped grounds, and walking trails. Another attractive aspect of condos is that buyers don’t have to pay for or arrange repairs of the grounds, fences, exteriors, or other features. The condo’s management company takes care of all of these arrangements, within limits that vary from one complex to another.
Purchasers may find Northern Virginia condos appealing, as many are pitched towards particular demographics. For example, some are designed for families, some are aimed at first time homeowners, and some are made specifically for senior citizens. These sort of homes offer immediate social connections. A condo designed for families with young children provides easy and built-in opportunities for play dates, and will also offer targeted amenities such as playgrounds.
If you want to buy a condo in Northern Virginia, examine the Northern Virginia real estate listings that you can find in newspapers, bulletins, and magazines. There are several websites dedicated to new home buyers looking for real estate in McLean, VA. Condos are a sizable and growing part of the real estate industry, so there are now many websites, businesses, and real estate agents that specialize in helping you find the condo you are looking for.
McLean VA real estate is hot right now. Northern Virginia Condos are in high supply right now, but the demand just hasn’t caught up with it yet. Northern Virginia real estate listings show the prices are low, low, low, and there many condos and houses available. If you’re considering home ownership, now is the time. Start homes, empty nester dwellings, and even families with younger children can revel in the opportunities that await those who are interested in homes in this area in the Washington DC metropolitan area, which is just a stone’s throw away.
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Northern Virginia House For Sale - Does The Escape From The Hustle Of The City Fit You?
By robertearl | June 2, 2008
Virginia is a not often thought of place which offers the pleasant suburban look with a hint of country charm, and is a good place to purchase property. The lovely scenery would bring a smile to any nature-lover’s face. The incredible beauty of the Virginia scenery would lead those appreciative of nature to look more closely at the housing listings in northern Virginia.
Living in northern virginia offers you the chance of living in the lap of nature with scenic landscapes to admire wherever you go. You can even enjoy the beauty of serene landscapes from the convenience of your living room once you have started living there. For that to happen you need to choose a northern virginia house for sale from the many options available.
Now that you’ve decided you’re ready to move to the picturesque countryside of northern Virginia, it will be easy to find a northern Virginia property that meets your needs. Whether you decide to pursue your dream online or through a northern Virginia realtor, there will be no need to worry and search frantically. It will happen!
Some would prefer to contact a northern virginia real estate agent who would show them around and tell them the details of certain properties. Such an agent can also help bargain on the buyer’s behalf with the owner of the property. The agent may also assist you in getting home loans and the legal documentation concerning the purchase.
Another lot of people choose to do an online review of different properties available for purchase on real estate specific websites. After making up their mind on a list of possible properties, say a northern Virginia house for sale, they personally fix an appointment with its present owner to finalize the deal.
Other people prefer to advertise their desire to buy property in newspapers, and this is still a very effective method. No strategy is likely to be successful if you are not comfortable with it, so take your time and select a strategy that you believe will work. The cost of preparing such a strategy is very small, compared with the benefits of living in just the right house in northern Virginia.
Northern Virginia combines the convenience of the suburbs and the charm of the country. When you choose to buy a Northern Virginia house for sale, you will be the proud owner of a beautiful view. Once you’ve decided to buy a house in the area, you need to call a Northern Virginia real estate agent. The real estate agent can help you look around the properties you are interested in and complete the legal paperwork required to make the purchase official. You can look on websites and newspapers for people looking to sell Falls Church VA real estate, along with property elsewhere in Northern Virginia.
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The Real Estate Team Approach, following the model of leading service industries.
By robertearl | May 26, 2008
Lets face it, Some people prefer to make sure that one person is responsible for & doing everything involved with a particular service. They don’t want to have to track down multiple people & get multiple answers to what is going on.
If this describes you then you probably will not need to read along any further. This write-up is provided to show the benefits of working with a real estate team as opposed to using the services of a single agent.
Also, if this is the case, then you probably don’t appreciate the services that are provided by your local grocery store or restaurants or gas station for that matter.
These industries have found over the years that a team approach ultimately provides a great level of customer service to the customer.
While it may have been slow to initially take this team approach, the real estate industry is catching on.
With real estate companies looking to better serve the marketplace, some individual agents have taken it upon themselves to create real estate teams to benefit home buyers and sellers.
How? The Team Leader, usually an experienced Real Estate Agent has taken the time to examine the entire real estate transaction process & identify the key steps & the standards of service that need to be provided for optimum customer satisfaction.
Team members usually are specialist in the areas of Marketing, Transaction Coordination & Feedback follow-up. These administrative based task allow the agent to have more time devoted towards customer service and finding buyers for listings and houses for buyers.
Team members are empowered to proactively coordinated & communicate with the lender, settlement company & other Agents to avoid potential problems that may arise during the closing process.
Team members are trained to implement checks & balances and are trained to coordinate reviews and hand offs, all while the Lead Agent is available to Manage, Oversee & Clarify.
When assembled, a well running, trained, Real Estate Team is Truly a Time & Money saving benefit to those looking to buy a home in Northern Virginia or sell a home in Northern Virginia as opposed to working with an individual agent.
Robert Earl - Founder of The Earl of Real Estate Team is a Real Estate Entrepreneur serving the Northern Virginia Real Estate Market. Robert Earl’s Site highlights Leesburg Condos for Sale - Leesburg Condo Communities
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Strategies for selling your home in a Buyers Market
By robertearl | May 19, 2008
So an opportunity has arisen that you must act upon sooner, rather than later. And even though you know that it is a Buyers’ Market, you have to sell you home and you have to sell it fast. Waiting is not an option for you. No matter what the market conditions are, you need to sell your house.
The first one to sell, WINS in a Buyers’ Market. In order to understand the logic, you have to look at the entire transaction as if you were the home buyer and not the home owner. Looking at it like a buyer, If you knew that your area was in a Buyer Market, and you knew that the last property sold for $450,000 & that prices had been declining recently. would you as the buyer, offer more or less than $450,000 for the next home that came on the market? The answer is usually less. So you see, if you were the first one to sell you would win. If you were the one at $450,000 you make more than the next one & so on & so on.
Calculate your holding cost: Most sellers look at the one shear number of how much less they are going to list for as compared to the home that sold 2 years ago or the last property that sold prior to your listing without taking into account something called the waiting cost. Holding cost normally includes the Principal, Interest, Taxes & Insurance that would be outlayed plus any HOA or Condo dues. In addition, add on the amount that property values have been declining and multiple this by the period of time that it has been taking homes to sell. Then ask yourself is it better to hold or wait or is it better to take the “hit” up front, rather than prolonging the issue.
Position yourself to ride the 1st & biggest wave: In a Buyers Market, there is no room for the old mindset or Sellers Market mindset of Pricing it high with room to negotiate or room to come down in the future. With a limited amount of buyers and a greater amount of inventory, the time to price the property correctly is right up front. The greatest number of prospective buyers will be coming through your property in the 1st 30 days and most of these will categorize your property as overpriced & move on to another property if it is not correct when they first see it. It is very important that you determine your Northern Virginia Condo & House Values correctly. Worst, they will categorize you as the owners that are not serious to sell.
The Silver Lining to selling a condo in Northern Virginia during in a Buyers Market is when you are trading up. Sure, you are not getting as much as you wanted on your existing property, but you will be paying the same percentage less in a trade up situation. And the same % of a larger number means you are saving more money than you “lost” on your current property.
Remember, In a Buyers Market, marked by declining prices, each month you wait to sell results in less money you will get at closing.
Robert Earl - Founder of The Earl of Real Estate Team is a Real Estate Entrepreneur serving the Northern Virginia Real Estate Market. The Earl of Real Estate Team loves working with Arlington VA Real Estate, Condos, Townhomes & Homes for Sale
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3 key level to monitor as a Real Estate Investor.
By robertearl | May 12, 2008
Establish the Investments Level of Liquidity - liquidity is the ability to quickly convert an investment into cash, without losing any of the principal that you’ve invested. For example, a savings account is highly liquid. By contrast, one of the least liquid investments is real estate because of the unpredictability of the market value at the time you are ready to sell. The greatest real estate fortunes have been lost by those who overextended themselves and didn’t have enough liquidity to weather the ups and downs in the real estate market.
Research the Level of Marketability the Real Estate Investment will have - marketability is the ability to convert an investment into cash quickly, at any price. For example, stocks can be sold anytime on an organized stock exchange at the prevailing market value. However, the price at which the stock is sold can produce a loss for the investor who is selling the stock. With real estate, not only will you need to deal with market conditions, there will be real costs to consider whenever you sell a property such as marketing fees, brokerage fees and taxes. Those looking to invest in Northern Virginia Condos for Sale should try to invest with a business plan and avoid the marketability risks associated with real estate speculation.
Establish the Investments Impact of Leverage - Leverage is when a purchaser borrows funds to finance a portion of the purchase price of an investment. The ratio of borrowed funds to the total purchase price is known as the loan-to-value (or LTV) ratio. A low loan-to-value would result in low leverage, while a high loan-to-value would result in high leverage. Real estate investments can be more leveraged than most other types of investments. Sometimes, mortgage debt results in ‘negative leverage’. In this case, you should avoid mortgage debt or sell the investment. Other times, mortgage debt results in ‘positive leverage’ and can enhance your rate of return on investment. When buying a home in Northern Virginia, you should avoid the trap of negative leverage while maximizing the benefits positive leverage.
Robert Earl - Founder of The Earl of Real Estate Team is a Real Estate Entrepreneur serving the Northern Virginia Real Estate Market. The Earl of Real Estate Team loves working with Burke VA Real Estate, Condos, Townhomes & Homes for Sale
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Divorce Strategies related to Real Estate Holdings
By robertearl | May 5, 2008
Although it is a topic that most people don’t want to consider, divorce has a tremendous impact on real estate and financial holdings. Real Estate may represent the largest asset that is being considered within the divorce proceeding, therefore it is something that should be considered when a separation or divorce are on the horizon. Consider that there are over 1.4 million divorces in the US ever year . Here are some points, strategies and tips on how to maintain your lifestyle after a divorce and how to evaluate various financial settlement options prior to a separation & divorce:
You should consider and evaluate the options related to disbursement of your real estate properties, including homes, condos, vacation properties, investment properties, timeshares, etc. prior to the divorce settlement. This could include an evaluation of whether you should:
o Put your home up for sale or refinance your your primary house or other real estate assets in order to cash out an ex-wife or ex-husband
o Accept or pay spousal support, child support or a higher cash flow payment versus a lump sum distribution involving any real estate assets. You should evaluate the cash flow and real estate equity protection implications of various financial decisions before, during and after a divorce. This enables you to:
o Maintain your lifestyle
o Keep your little ones in the same school system as a single parent
o Still live in a home that does not break your budget
o Stay on track to achieve financial freedom and become debt-free
You should look to correct your real estate liquidity and provide protection for your any real estate assets from legal obligations or liabilities prior to going through a separation & divorce by working together with your CPA, Financial Planner, attorney. Real Estate Team and other advisors.
Don’t settle for an financial short-term fix or strategy if you failed to plan properly during a divorce situation. You can recover by implementing a structured plan for how to re-establish your monetary footing after going through a financial rough spot. This may involve:
o A staged approach to financing - a refinancing or debt restructuring plan that takes place over time
o Sale/Leaseback or Rent-to-Own strategy - a way to keep or buy a home for sale or when you can’t qualify for traditional financing options.
o Seek out Affordable Single Family Homes for Sale
You worked hard to develop the assets and real estate holdings involved. You should consider all of your options to create an environment that works to protect those assets.
Robert Earl - The Earl of Real Estate is a Real Estate Entrepreneur based in the Northern Virginia Real Estate Market.
Topics: Northern Virginia Real Estate, Robert Earl | No Comments »
Jose Conseco Strikes Out - loses home to foreclosure
By robertearl | May 1, 2008
Former U.S. baseball star Jose Canseco said on Thursday he had lost his California mansion to foreclosure — one of the first celebrities to publicly admit being a statistic in the U.S. housing crisis.
Canseco, 43, one of the most flamboyant U.S. baseball players until his retirement from the major leagues in 2001, told the celebrity TV show “Inside Edition” that it did not make financial sense to keep his 7,300 square-foot (678.2 sq-metre) home in the Los Angeles suburb of Encino.
“Inside Edition” said it had foreclosure documents showing Canseco owed a bank more than $2.5 million on the house.
“I’ve been out of the game for about eight or nine years and obviously this issue with the foreclosure on my home,” he told “Inside Edition”.
“I do have a judgment on my home and it to me is very strange because it didn’t make financial sense for me to keep paying a mortgage on a home that was basically owned by someone else,” he said.
Canseco said the foreclosure was not a difficult issue emotionally. But he sympathized with the millions of other Americans who have already lost, or face losing their homes, because of soaring interest rates on sub-prime loans.
“I decided to just let it go, but in most cases and most families, they have nowhere else to go,” he said. (reuters.com)
Canseco was one of the first Major League Baseball players to admit using steroids.
Topics: Buying Foreclosures, Sell your Home | 1 Comment »
Honey, do you know where I put that $6 Trillion I had? It was here just a bit ago
By robertearl | May 1, 2008
Disappearing Now: $6 Trillion in Housing Wealth. “Center for Economic and Policy Research report, based on Case/Shiller Home Price Index: The annual rate of price decline over the last quarter was 24.9% in the 20-city index and 25.8% in the 10-city index. At this rate… the excesses of the housing bubble will have largely disappeared by the end of the year… The price decline implies an incredibly rapid loss of wealth. In real terms, the rate of price decline in the 20-city index would imply a loss of almost $6 trillion in real housing wealth over the course of the year, an average of $85,000 per homeowner.” (latimes.com)
Topics: Sell your Home | No Comments »
Believe it when you see it - Dulles Rail Set to Get Federal Approval
By robertearl | April 30, 2008
Federal transportation officials are planning to approve the proposed 23-mile extension of Metrorail in Northern Virginia to Dulles International Airport in a letter to Congress today, the officials told local and state authorities yesterday.
Without the federal money, state and local officials have said, the project would die, ending the possibility of a long-sought rail connection between the nation’s capital and its major international airport. Supporters say the line would ease congestion through Northern Virginia’s biggest jobs corridor and keep the economy humming with the transformation of suburban Tysons Corner into a thriving downtown.
The rail line would go from Falls Church to the airport and into Loudoun County. The first phase, for which Virginia is seeking the federal money, would have four stations at Tysons Corner and end at Wiehle Avenue in Reston. (washingtonpost.com)
Topics: Ashburn VA Real Estate, Falls Church VA Real Estate, Herndon VA Real Estate, McLean VA Real Estate, Northern Virginia Real Estate, Reston VA Real Estate, Robert Earl | No Comments »
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