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North Arlington Open House..Great Value!

Welcome to Glebewood Village! A quaint Historic District nestled in the heart of North Arlington.
Open Sunday 4/15 1-4

Minutes To Metro & Shopping!
Click link below for details.

Glebewood Village Open Details

 

Steve Wisemiller, CRS
www.arlingtonvirginiahomes4sale.com

 

Spring Cleaning Tips For Your Home
Spring Cleaning Tips For A *** & Span Home
The tips below are tasks broken down by location and will help you
spring clean your home room by room. The cleaning chores on the next
page outline basic techniques that will help you clean almost any surface
(or object) in any room.
Kitchen:
Dust Refrigerator Coils:
Turn off power at circuit breaker or fuse box. Coils are usually at the
bottom of the refrigerator, under the grill. Clean coils with the crevice attachment of a vacuum or a
specialty refrigerator-coil brush, available at hardware stores.
Defrost The Freezer:
Turn off power at circuit breaker or fuse box. Empty freezer’s contents; wipe
interior with a solution of 2 tablespoons baking soda per 1 quart hot water.
Living Room:
• Swap Heavy Curtains, Rugs And Throws For Lightweight Ones:
Clean items first. To store,
roll material around an acid-free tube; wrap in a clean sheet of cotton, muslin, or polyethylene; secure
with twill tape, and label each bundle so you’ll know which is which.
Bedrooms:
• Rotate Bed And Change Blankets:
Turn over your mattress to distribute the wear evenly. Replace
cool-weather bedding with warm-weather bedding.
• Clean Pillows:
Whether made of natural fibers (such as down) or synthetic (often polyester), most
pillows can be machine-washed. This rids them of mold, bacteria, and odors.
Bathrooms:
• Discard Expired Cosmetics And Beauty Parties:
Secure these items in a plastic
trash bag, and keep it out of reach of children and animals.
• Update Frist-Aid Kit:
In addition to bandages and ointments, the kit should include a list of
emergency numbers, especially the one for your nearest poison-control center.
Home Office:
• Organize Files:
Review insurance policies, contracts, and household inventories.
• Clean Computers:
Scrub casings with a solution of 1 drop mild dishwashing liquid per 1 quart of
water and a lint-free cloth; dust crevices in keyboards with cotton swabs; wipe screens with a soft cloth
or a dry screen-cleaning sponge.
Closets:
• Replace Cool-weather Clothing With Warm-weather Clothing:
Wash or dry-clean garments
before storing them in a zippered sweater or blanket bag.
• Donate Apparel You No Longer Use:
Many charities are happy to accept old clothing and may
send a truck to pick it up. They may also provide receipts for tax purposes.
Utility Spaces:
• Clean Attic & Basement, Give Away Or Discard Unwanted Items:
Divide whatever is left into
two zones: one for things you’ll need to retrieve in the next six months, such as clothes, and the other
for objects that may be there for years, such as furniture.
• Protect Objects In The Basement:
Use concrete blocks to keep storage boxes off the ground.
Place washer and dryer on elevated pedestals (made by the appliances’ manufacturers) to prevent
electrical shock during flooding.
Outdoor Spaces:
• Clean Porch Ceilings And Walls:
Sweep up cobwebs and debris with a corn broom, and wash
walls with a solution of all-purpose cleaner and water using a polyester sponge.
• Scrub Decks, Patios, Driveways, and Walkways:
Treat mildew spots with a solution of 1 part
oxygen bleach to 3 parts water using a deck brush.
• Wash Outdoor Furniture:
Most materials, including aluminum, plastic, wood, and wicker, can
handle a solution of mild dishwashing liquid and water and a soft-bristle brush.
• Inspect Light Fixtures:
Wash covers, and check for damaged wires and connections.
Clean & Refresh All The Important Surfaces In Your Home:
Wipe Walls And Ceilings:
Use a vacuum to remove dust. Tackle stubborn surface grime, especially
prevalent in kitchens, with a solvent-free degreaser (test it first in an inconspicuous area to ensure it
won’t mar the surface).
Vacuum AND Shampoo Rugs:
Synthetic carpets and rugs with waterproof backings can be deepcleaned
with a rotary shampoo machine and a hot-water extraction machine. Rugs without backings,
including Orientals, require professional cleaning.
Clean Upholstered Furnishings:
Take cushions outside and gently beat them by hand to remove
dust. If there are stains, check the pieces for care labels. Use a vacuum’s upholstery and crevice tools
to clean under seat cushions.
Dust Your Home Thoroughly:
This includes hard-to-reach places, such as the tops of ceiling fans
and window casings. Always work from the top of a room down, vacuuming the dust that settles on
the floor. Avoid using dusting sprays as much as possible.
Dust Books And Shelves:
Take everything off the shelves, and brush shelves and books with a
feather duster. Use the dust-brush or crevice tool on a vacuum to reach into tight spots. Wipe the
spines of leather-bound books with a clean, soft cloth.
Clean Window Treatments:
Many draperies and curtains are machine washable; check labels. Dryclean
fabric shades. Wipe wooden blinds with a damp cloth; warm water mixed with a mild dishwashing
liquid is safe for metal and vinyl blinds.
Wash Window Screens:
Using warm water and a mild dishwashing liquid, scrub each screen with a
brush; rinse thoroughly.
Wax Wooden Furniture:
Wipe surfaces with a soft cloth dampened with water and mild dishwashing
liquid. Apply paste wax, such as Butcher’s wax, a few feet at a time with a cotton rag folded into a
square pad. Let wax dry; buff with a clean cloth.
Wax Non-wood Floors:
Vinyl and linoleum floors that have lost their shine should be waxed with a
polish designed for these surfaces. Most stone and tile floors can be treated with either a paste or a
liquid wax designed for the material.
Polish Metal Door And Window Hardware:
Liquid polishes and polish-impregnated cloths work
well for medium- tarnished surfaces; pastes and creams are for heavier work. If tarnish doesn’t come
off, try a stronger product.
Reseal Grout Lines:
The cement-based material between wall, floor, and countertop tiles is extremely
porous and stains easily. Protect it with a penetrating grout sealer; it’s best to apply it with a small foam
brush.
Ensure Fire Safety:
Change batteries in smoke detectors (this should be done twice a year), and
make sure units are free of dust. Teach everyone in your household how to use a fire extinguisher, and
review fire escape routes.
Don't forget this tip...
Contact Steve for all your real estate needs!
Steve
Arlington Virginia New Listings and Open Houses

Get the latest comprehensive listings and Open Houses for Arlington Virginia.
Detached..Condos...Townhomes..Investments

Click link below:

www.arlingtonvirginiahomes4sale.com

RE/MAX Allegiance
Steve Wisemiller, CRS
steve@soldbysteve.net
www.soldbysteve.net

Arlington Virginia 22207 Home Values

Find out property values in Arlington Virginia zip 22207

Steve is your neighborhood specialist...

Click here for report.  www.myarlingtonhomevalue.com

Steve Wisemiller, CRS
RE/MAX Allegiance
Arllington, Va

703-568-9625
steve@soldbysteve.net
www.soldbysteve.net

Arlington Virginia Real Estate Statistics 2012

Buying?....Selling?..or just friendly advice. Call Steve for all your Arlington Real Estate needs.
Arlington Resident...Arlington Realtor...17 years experience

www.stevesellsarlingtonva.com

Click link below for January 2012 Real Estate stats for Arlington.
Arlington Va Real Estate Statistics

Click below to search Arlington homes for sale.
Click to Search Arlington Real Estate

RE/MAX Allegiance, EHO
Steve Wisemiller, CRS
703-568-9625
steve@soldbysteve.net
www.soldbysteve.net

Arlington Va Real Estate...

Steve knows Arlington, Va......16+ years experience
Arlington Resident....Arlington Realtor
Buying...Selling..or Just Friendly Advice.....call Steve

* Buying
* Selling
* Leasing
* Investments
* 1031 Tax Exchanges
* Special Incentives for Military, Seniors and Teachers

www.stevesellsarlingtonva.com 
  

Click to Search Arlington Real Estate

RE/MAX Allegiance, EHO
Steve Wisemiller, CRS
703-568-9625
steve@soldbysteve.net
www.soldbysteve.net

 

 

Estate Sale Home In North Arlington...OPEN SUNDAY 1/16/2011

A Bargain price for this home...Minutes to Metro, Schools, Shopping and Parks!!!

Click link    http://arlingtonestatesalehome.novahomeexpert.com

 

RE/MAX Allegiance, EHO

Steve Wisemiller,CRS
www.soldbysteve.net
steve@soldbysteve.net
703-568-9625

Open House in Arlington Va on Sunday

January 2011
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Berkshire, Arlington  -  We invite everyone to visit our open house at 6617 Little Falls Rd Arlington, Va on January 16 from 1:00 AM to 4:00 AM.

Property information

Arlington Virginia December Market Statistics

The Arlington Housing Market is chugging Along. Click link for latest stats

http://www.rbintel.com/statistics/arlington-county-va

 

Visit my home info center   www.stevesellsarlingtonva.com

 

Steve Wisemiller, CRS, ABR
www.soldbysteve.net
steve@soldbysteve.net
703-568-9625

Short Sale or Foreclosure..Myths Revealed!

5 New Short Sale Myths - Busted!

Common short sale myths once evidenced widespread confusion about what a short sale is - mostly misconceptions that they are quick, or faster than “normal” real estate transactions.  In reality, the “short” in short sale has nothing to do with timing. Short sales usually take many multiples of time longer than traditional real estate deals - running anywhere from 3 to 8 months-plus, on average, from contract to closing!

The only thing short in a short sale is the sales price - it is less than, or “short” of, the amount the seller would need to pay off all the loans and other outstanding obligations (tax liens, delinquent HOA dues, etc.) against the property. In these situations, unless the seller is willing to write a check to make up the difference, their lender(s) must agree to forgive the shortfall in order for the sale to close.

But most short sale buyers - and sellers - know this stuff by now.  With one in four homeowners in America owing more on their homes than they are worth, short sales won’t be going anywhere for a long time to come.  And the more people get involved in a short sale transaction, the more confusion and misunderstandings result. 

Here are 5 of these “next-generation” myths about short sales, and the facts to shatter them:

Myth #1: That there is anything typical, standard or normal when it comes to getting a short sale approved.

Fact:  There’s no such thing as “normal” in a short sale.

Some of the most frequently asked questions in the Trulia Voices Community include things like:
  • Is it normal for a bank to respond to a short sale with a counteroffer higher than the list price and the appraised price?
  • What’s the standard amount of time it takes a bank to approve a short sale package?
  • What’s the rule of thumb for how much below asking a bank will approve?

Despite the recent goverment “streamlining” efforts that promised to impose a set of standards most banks would follow in processing short sales, it’s still a black box experience for most buyers and sellers.  Buyers submit their offers, sellers sign them and hand over all their financials to their listing agent who submits it all to the bank - and then often no one hears anything back for a few months, if ever.  Other times, the whole thing is approved in a matter of weeks (though this is much less rare).

The bank is in the power position, and can respond to your offer however they want. They may counter at a much higher price and demand a cash payment from the seller.  Or not.  They may take weeks, or they make take six months.  They may approve a way-below asking offer, or require a hundred thousand over the asking price.  Forget the idea of standard, when it comes to a short sale.

Hint: short sale listing agents who have done a lot of recent, successful short sales with the same bank do often have insider knowledge that is the closest thing to a rule of thumb over what any individual bank’s practices are. If you’re a buyer, prioritize short sales that are listed by short sale masters - your agent will know who they are.  If you’re a seller, ask prospective listing agents for a list of short sales they recently closed, including which bank(s) were involved.


Myth #2:  It’s smarter for homeowners to walk away than to short sell their homes. 

Fact:  Increasingly, I’m hearing those who own upside down homes ask why they would bother with a short sale, when they could just walk away with much less effort and drama.  The reality is that walking away and letting your home go to foreclosure is an extremely serious, personal decision - the wisdom of which varies dramatically owner to owner and state-to-state.  Some states allow lenders to sue homeowners who default on their mortgages, and impose state taxes on the mortgage debt cancelled out in a foreclosure, sometimes totalling tens of thousands of dollars.


Other homeowners’ family and financial plans would be impaired much less by a short sale than by a foreclosure.  For still others, it’s pretty much a wash.  For everyone, though, it is faster to recover your credit and ability to take out another mortgage on a new home after a short sale than after a foreclosure.

Given that a short sale costs a seller little or nothing except some time and effort, in many instances it is smarter to make the effort to short sale than it is to walk away.

Myth #3: A short sale is the same as a pre-foreclosure.  

Fact: A short sale is a home being sold for less than what is owed on it. A pre-foreclosure is a home that is in some stage of the foreclosure process because the owners are behind on the mortgage payments.  Many short sales are pre-foreclosures, because the owners stopped making payments when they put the home on the market, either because they can’t afford them, they are simply done with the property and don’t see a need to continue paying on it, or because they feel the bank is more likely to approve their short sale application if they are in default on their loan (a position many experienced short sale agents argue is true).


But not all.  Remember, nothing is standard when it comes to short sales. Short sales are closed every day on which the seller is still in good standing on their loan - these are mostly the short sales of owners who elect this strategy out of a desire to maintain their credit as much as possible, but have to move for work or family reasons.

Buyers should not assume that every short sale will come on the market later as a foreclosure; they should inquire as to any foreclosure notices against the property, and keep track of those time frames.  Many a buyer has been surprised when the bank auctions a property they are in contract to buy.

Myth #4:  The the buyer’s broker - or even the buyer’s offer - has much to do with getting a short sale approved.

Fact: Writing a clean, well-qualified offer is important to getting a short sale seller to believe that a buyer will hang into the short sale for the duration so they will sign the contract. However, the buyer’s offer and agent have little, if anything, to do with whether the seller’s
bank green lights the deal, as needed to close it.

While the bank obviously cares about the price you offer, even that’s not as important as several other factors, including:
  • the bank’s perception of the home’s fair market value (as usually indicated by a third-party broker’s opinion, or an automated computer model),
  • the seller’s financials (if they have a bunch of cash stashed, the lenders is unlikely to let them sell the place with no contribution from them)
  • the completion of the seller’s workout application package and follow-up (squeaky wheel gets the grease and all that, and it’s the listing agent that needs to be that, often, for these transactions to get closed).


Myth #5.  That the bank “can’t” do X or “has to” do Y. 

Fact: The seller’s bank in a short sale is being asked to waive debt that they are legally owed. They have the absolute right to simply refuse entirely to accomodate this debt forgiveness request. However, if they do choose to waive some or all of the shortfall, they also have the right to place whatever conditions on that waiver. They can ask for more money from the seller - or the buyer (and often do). They can ask the agents to reduce their commissions (and often do that, too).  They can refuse to pay various closing costs, if they want.  And the buyer or seller can counter, accept or refuse any or all of the bank’s demands, too, but know that the banks do have the right to place whatever conditions on the short sale they want.  After all - he, she or it who has the cash (or the mortgage, in this case!) makes the rules!



So, why buy a short sale?  With all the hassle, there are still some great deals to be had.  In many cities, most homes on the market are short sales, so if you rule them out, you may never find a home. 

visit my home information center.     www.soldbysteve.net   Big Smile

 RE/MAX Allegiance
Steve Wisemiller, CRS,ABR
www.soldbysteve.net
steve@soldbysteve.net
703-568-9625


Everything Real Estate in Arlington, Va

Visit this exciting web site. Things to do, Places to see and Real Estate Information for Arlington Va

www.americantowns.com/va/arlington

 

Steve Wisemiller, CRS
RE/MAX Allegiance
www.soldbysteve.net
steve@soldbysteve.net

Has the Housing Market Reached Bottom?

Daily Real Estate News  |  October 12, 2010  |   addthis_pub = 'rmostaff'; addthis_logo = 'http://www.addthis.com/images/yourlogo.png'; addthis_logo_background = 'EFEFFF'; addthis_logo_color = '666699'; addthis_brand = ''; addthis_options = 'delicious, digg, favorites, facebook, fark, google, reddit, magnoliacom, newsvine, furl, yahoo, technorati, twitter, icerocket'; document.write(' Share
'); Share
Economists Say Housing at Bottom
Beacon Economics analyzed home affordability and came away feeling optimistic.

Beacon Economics founding principal Christopher Thornberg, whose firm advises a variety of business clients, says the high level of affordability is likely to drive demand and reduce the stock of excess inventory, ultimately resulting in the need for new housing, a rise in prices, and a pickup in new construction.

"While prices may fluctuate modestly over the next several months, we believe the worst of the housing crisis is behind us," says Beacon Economics Research Manager Jordan G. Levine. "We expect prices to stabilize around current levels and likely be higher in the next 12 months."

Foreclosure Freeze in Arlington, Va 22207
.  What is robo-signing is, and what all the fuss is about?  The phrase robo-signing refers to what we’re now realizing has been a very common practice in the banks’ foreclosure document processing divisions, where one person was essentially given the job of signing as many 10,000 foreclosure documents per month, by hand.  These individuals were supposed to be reviewing the files, making sure grounds for foreclosure actually existed, signing the docs in front of notaries. But because of the volume of documents, what they actually did was just sign thousands of documents at a time, without even reading them, and ship them off somewhere else to be notarized.

If you do the math on an 8 hour workday, you'll see that that only gives the staffer 1.5 minute to review each file and documents to make sure the foreclosure is warranted.  That's not humanly possible, which is how these staffers got the nickname “robo-signers”
   
Government regulators are very concerned that the banks may have been taking people's homes without following the proper legal procedures.  As a result, 40 states' attorneys general are teaming up to launch a multi-state investigation, and the federal Comptroller of the Currency and federal attorney general may also get involved in investigating this issue.

2.  Will the freeze will make the banks cancel buyer contracts on REO properties?
Currently, the freeze impacts bank-owned properties that are owned and/or serviced by Ally Financial/GMAC Mortgage, JP Morgan Chase, and some properties that were owned by Bank of America. Generally, contracts to buy these homes are being put on hold and extended for 30 days.  As well, the banks are often reaching out directly to buyers and offering them the option to cancel their contracts and recoup their deposit money.

3.  Is it safe to buy a foreclosed home? There's lots of talk right now about the "clouds" that this scandal will create on the titles to homes that were foreclosed by the banks' foreclosure mills. And that makes sense: if the home wasn't properly foreclosed on in the first place, then the legitimacy of the bank's resale can be called into question.  Normally, I'd say: Don't worry about it, buyer - that's why you'll get title insurance!  But last week, 3 of America's largest title company insurers declared that they will not offer title insurance on a number of the homes that may have been involved in this scandal.

In the vast majority of cases – when the foreclosure was justified and a bona fide purchaser, someone who was not involved in the bank’s wrongdoing, has purchased the home, courts will not reverse these foreclosures or their sale to buyers.  But if you’re in the market for a foreclosure, get clear on which bank owns the place as soon as you can, and run the property past your title insurer before you get too far into the transaction to make sure they can write a policy of title insurance on the property before you spend too much money on inspections and appraisals.  (And see my Bonus Buyer Advice at the end of this blog post!)

4.  How the foreclosure freeze will impact American home values, say after you buy.
  In the short term, these freezes might cause prices to stabilize, as we expect to see the supply of foreclosures for sale start to shrink.  However, if these freezes stretch out for a long period of time, they could simply be delaying many inevitable foreclosures, which could delay the recovery of the housing market and home prices, over time.  I wouldn't expect to see the freezes cause prices to drop much beyond where they are now, but if they stretch out, they could keep appreciation flat for a longer period of time.

Arlington County Virginia Fair

 

Come one..Come All!!!  Lot's of fun at The Arlington County Fair.

http://arlingtoncountyfair.us/index.html

For all your Real Estate needs......

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www.homesdatabase.com/stevewisemiller

 

Steve Wisemiller,CRS
RE/MAX Allegiance

www.soldbysteve.net
steve@soldbysteve.net

Arlington Virginia Market Statistics for June 2010

 

The Arlington market is still chugging along. Click link below to view the June Statistics

http://www.mris.com/reports/stats/route.cfm

 

Visit my Home Information Center. Free MLS and Foreclosure Search  www.soldbysteve.net

RE/MAX Allegiance, EHO
Steve Wisemiller,CRS
steve@soldbysteve.net
www.soldbysteve.net
703-568-9625

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