BUYING A RESALE HOME IN MARYLAND OR VIRGINIA. Short Sales.
Benefits of buying resale homes in Maryland and Northern Virginia. Short Sales.
Resale homes are priced based on recent, local homes sold in the past six months. Condition is a primary factor in pricing a home and how it is received by buyers. Short Sale and Foreclosure opportunities are available. We'll add these homes to your home search.
Resale homes are ready for quick occupancy. Not only that, WHAT YOU SEE IS WHAT YOU GET. Homefinders.com provides all of our buyers with a FREE one year home warranty and a FREE home inspection with a home inspector of your choice.
Ask your agent for the sales history of a community BEFORE making an offer. Making offers at list price is not usually necessary in our present BUYER'S MARKET. List prices are not coming down as quickly as they should be SOLD prices are showing significant price reductions.
Buying an existing home is often the best decision when a home is needed quickly or when there are no new home sites in the area of your search. Homefinders.com can help you find an existing home in the best condition possible for your price range. Well maintained homes are jewels and that's our goal, to find a jewel for you.
Resale homes are coming down in price and should give home buyers in Maryland and Northern Virginia a good opportunity for building equity. Mortgage rates are still good and 100% loans are still available. Contact me and I'll go over your qualifying numbers with you. We can help.
NEED TO MOVE IN SOON?
Most resale homes are "move-in ready" and can be occupied by the new home owners within
a few weeks or a couple of months. Average settlement in the Maryland and Virginia real estate
market place is 30-45 days. This is sufficient time to get full mortgage approval, all of the
desired inspections, survey, scheduling the move in dates for the home buyers and move out
dates for the home seller. Buyer takes possession and seller gives possession of property
on the day of settlement about 99% of the time in this area. There are provisions for early
or Pre-Settlement Occupancy for buyers on vacant homes. There are also provisions for
rental of the sold home through a Post Settlement Occupancy for the sellers. However, these
agreements are rare and to be avoided if possible.
THE HOUSE MAY HAVE A FINISHED BASEMENT.
Most homes in the Maryland and Northern Virginia area have basements. New homes are sold
with unfinished basements. By the time a home owners has owned the home for more than a
year or two, they will contract to have the basement finished meaning that the space will be
finished to provide a recreation room, perhaps a bedroom or two and a full or half bath.
Builders also offer finished basements as an option when the home is built. Finished basements
add value to a home, but at a less cost per square foot than above grade finished square feet.
RESALE HOMES OFFER ESTABLISHED LANDSCAPING
Most builders offer a landscaping package of a shrubs and ground covers as well as a sodded
or seeded grass covering for the yard. Many home owners, however, like to garden and will have
added additional shrubbery to the landscaping. This landscaping is often very lovely and
adds visual value to a resale home, but not much to the price. Home owners may have planted
bulbs, annual plantings or additional ground covers as well as border trees, fruit trees,
decorative trees and often decks, gazebos or other yard decorations will add beauty to
resale homes.
When looking for homes for sale in Maryland and Northern Virginia, resale homes often make a lot of sense.
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7 year old resale home in South Riding,
Loudoun County, Virginia |
5 year old resale home in Columbia
Howard County, Maryland |
8 year old resale luxury home in Potomac in Montgomery County, MD |
Luxury resale Town Homes in Purcellville, Loudoun County, VA |
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25 year old resale home in Reston, Fairfax County, VA |
30 year old resale home in Severna
Park in Anne Arundel County, Virginia |
New homes in inventory in Lovettsville, Loudoun County, VA |
Resale Homes in Maryland and Virginia are
very popular for quick occupancy.