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4 Reasons to Sell Now in Northern Virginia

I’ll be the first one to tell you that trying to sell your home in the Northern Virginia and Washington DC metro area right now is not ideal.  It’s by no means the thing to do at the moment because of the home prices being driven down by the foreclosures and short sales.  Home prices in Arlington VA really have not moved and homes in Fairfax VA have lost value if anything.  So you’re probably wondering the reason for the title of this post.  Selling your home is never an easy task or much enjoyable, but here are 4 factors that actually make sense for you to put your home on the market.  The stars do align every once in a while and you have to take advantage of it.

  1. Sell low buy low – Property values are down at the moment as you know.  However, if you sell your home for a marginal loss, you can make up the difference by purchasing a bargain.  If you purchase smartly, you’ll be smiling when prices are up in a few years.  The number one factor you have to think about here is buying the right home.  Don’t try and be a hero by yourself.  Do your research and find a Realtor® that will assist you throughout this process.
  2. Down payment help – The “no down payment” has disappeared, but there are many programs out there that offer down payment assistance for lower-income and first-time home buyers.  One way to search for them is by talking with your Realtor® or searching Google for “down payment assistance programs” in your area.
  3. Uncle Sam – Besides the $8,000 first-time home buyers tax credit and the $6,500 move-up credit, there are energy tax credits from home improvements that can pay off big.
  4. Help is available – Lastly and maybe the most important is the professionals that are there to help.  Talented real estate agents, contractors, and designers have readily available information about themselves online.

This may be something for you to consider, but it is certainly not for everyone.

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