Monica O'Donnell, Realtor - Long and Foster Real Estate

Although you’re not legally required to work with a real estate professional to buy a home, there are various reasons why you should for a positive home-buying experience. A great real estate agent will guide you through the home search with an unbiased eye while bringing their expertise to the table and helping you meet your buying objectives while staying within your budget. If you want to work with a trusted real estate agent who has extensive knowledge of the local market, contact me today.

Closing costs are fees and expenses incurred during the closing of a real estate transaction. These costs, like lender fees, title fees, and attorney fees, are typically paid by the buyer but can also be negotiated to be paid by the seller. Pre-paids are expenses that are paid in advance at the time of closing to cover certain ongoing costs related to homeownership. These expenses, like property taxes or homeowners insurance, are typically prorated and paid upfront to ensure there are sufficient funds for these expenses.

What do you love about your current neighborhood? If you are thinking about moving, what do you hope to find in your new neighborhood that you aren’t ready to give up? If you are on the hunt, I can help you find a place that has the perks you love!

Comfort is key when it comes to open house or home tour preparation this time of year! There is no need to overheat your home, but it helps to keep your house at a comfortable temperature during a home viewing. Take this time to show potential buyers just how cozy your home can be.

If you’ve already filled out a mortgage application and received a mortgage loan pre-approval letter — congrats! Getting pre-approved shows a seller that your financing is in order and you’re serious about purchasing a home. But how do you use that letter and how long are preapprovals on mortgages good for until they expire? Let’s find out.

1. Pricing too high - the key to getting the best price and terms for your property is to price accurately.
2. Not prepping your home to sell - you will net the most money by preparing and staging your home to showcase it in the best possible light.
3. Hiring the wrong agent - who you work with matters! Hiring an agent that has your best interests in mind should be a top priority of your journey

Some people use the terms interchangeably, but there are important differences that every homebuyer should understand. If you’re getting ready to start the home buying journey, you should consider getting pre-qualified to get an idea of what you can afford.

The practice of seller financing goes by many names, including purchase-money mortgages and owner financing. But in its simplest terms, it describes a form of real estate lending transaction in which a property owner also serves as a mortgage lender. This unique situation in the home selling process eliminates the need for a financial institution to handle financing agreements and negotiations. While seller financing effectively sees a seller provide a buyer with direct financing, it comes with pros and cons attached, as does any nontraditional mortgage option. it’s important to do your research and consult with a qualified professional before entering into a seller financing agreement.

Do you need an update on the current real estate market? The market is constantly moving but I am staying up to date! As a local expert and your professional real estate agent, I can give you insight into current buying and selling trends and help you navigate the ever-changing market. Message me if you're interested in getting updated on the current market!

One of the biggest benefits of buying a home is making an investment and building equity. When you buy a home, you are building equity over time. As you make mortgage payments, you accumulate ownership in the property, which can be a valuable asset. Over time, your home may appreciate in value, allowing you to potentially sell it for a profit.

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You’ve made it through the tough part of the home-buying journey and now it is time to move in! Before you start carrying in boxes, consider checking off this list to make sure your home is move-in ready.

Here are some pros and cons of fixer-upper houses to keep in mind.

PROS:�
- Usually a lower purchase price: Although you’ll likely need to spend more on renovating.
�-Less competition: Generally speaking, there is less competition for fixer-upper homes.�
-Chance to customize your home: Once you buy a fixer-upper house, you have the freedom to do whatever you’d like to it.

CONS:�
-Expensive renovations: Depending on the renovations, you may end up breaking even/spending more than you intended.
�-Unexpected issues: Even if you get an inspection, there can be unexpected issues, especially if the house is older.

I love give good news to my clients and being part for those who are building their dreams. My Client's offer was accepted and soon will start a new chapter.

Are you planning to Sell or buy?
Take a look in the current market and let's talk.

Thinking to Sale your Property but not hiring a Real Estateagent? Think twice 👇

One of the biggest reasons why FSBOs fail in real estate is because the homeowner doesn’t have the time or availability to handle inquiries on their home or time to show it. Home buyers and buyers agents want quick responses on their inquiries, otherwise, they will often move onto the next potential property.

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Happy Internacional Women's day to all of you dear Ladys. 💗

“Comps,” or comparable sales, refers to the homes in the area that are very similar in size, condition, and features to the home you are trying to buy or sell. Buyers can look at comps in the area when deciding what price to offer on a home, and sellers can use comps to figure out how to best price their home for the market. CALL ME if you're planing to sell your home for free Value Analysis. ☎️ 571-722-2019

Happy Holidays to all & Merry Christmas 🎄

Happy, Healthy Christmas & Holidays to all from the bottom of my heart.

Training time to serve you better 🤓

A Special Salute to all our Veterans & Thanks for your Service!

Skip all the tricks and Expend Thanksgiving in a New Home!

Expend Thanksgiving in a New Home!

The Market is "Cooling Perfect" alone with the weather and it's perfect to fine a new home. Call me today and let's start!