Click here for info on finding a home, or selling a home.
“Top Notch Real Estate”

We have over twenty years of experience in Fairfax County real estate sales.  We really know how to help you look for a home in Northern Virginia, and we know how to look for the little signs and indicators of potential problems in a home.

BUYING OR SELLING A HOME?
Look no further! We know the Northern Virginia real estate market inside and out. Fairfax County Properties will make sure that you receive the best possible deal. Why go to just anywhere when you can get the best? Providing you with experience and expert negotiating skills to insure that you receive the best price for your new home. If you are buying or selling, we will offer you a consultation detailing the home buying process. Find you a lender to make sure you are pre-qualified or pre-approved to determine your purchasing power in the market today. We follow through with the entire process with you until your home buying goal has been met.

About Selling Your Home…
A listing agreement or contract between broker and seller is a written agreement to list a property for sale, frequently with property data entered into a Multiple Listing Service (MLS) in addition to any other ways of advertising or promoting the sale of the property and must include the following:
  • The starting and ending dates of the agreement
  • The price at which the property will be offered for sale
  • The amount of compensation due to the broker


  • Commission - A real estate brokerage usually earns its commission after entering into a listing contract and fulfilling agreed-upon terms. In consideration of the brokerage successfully finding a satisfactory buyer for the property, a broker anticipates receiving a commission for the services the brokerage has provided. The payment of a commission to the brokerage is contingent upon:
  • Finding a satisfactory buyer for the real estate for sale
  • Successful negotiation of a purchase contract between a buyer and seller
  • Settlement of the transaction and the exchange of money


  • Lockbox - With the sellers’ permission, a lockbox is placed on homes that are occupied and, after arranging an appointment with the homeowner, agents can show the home. When a property is vacant or where a seller may be living elsewhere, a lockbox will generally be placed on the front door. The listing broker helps arrange showings of the property by various real estate agents from all companies associated with the MLS. The lockbox contains the key to the door of the property and the box can only be opened by licensed real estate agents by using some sort of secret combination or code provided by the brokerage or the issuer of the lockbox.


    What to expect from your agent…

  • Find real estate in accordance with the buyers needs, specifications, and cost.
  • Takes buyers to and shows them properties available for sale.
  • Prescreen buyers to ensure they are financially qualified to buy the properties shown
  • Negotiates price and terms on behalf of the buyers and prepares standard forms.
  • Find real estate in accordance with the buyers’ needs, specifications, and affordability.
  • Assist the buyer in making an offer for the property.

  • Appraisal
    A real estate appraisal is a service performed by a licensed or certified appraiser, who develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest value for the land, as if vacant. Typically residential appraisers agree to accept orders from lending institutions with the understanding that payment will be made following settlement, or closing of the loan.

    Commercial Real Estate
    The term commercial property includes business property, office buildings, industrial property, medical centers, hotels, malls, retail stores. In many states residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes. Commercial property is intended to be operated at a profit, either from capital gain or rental income.

    Market Value
    Forming an opinion of market value is the purpose of many real property appraisal assignments. There are three usual approaches to determining the fair market value of a property. The appraiser will determine which of the approaches is applicable and develop an appraisal based upon information from each individual market area. Costs, income, and sales vary widely from area to area and particular importance is given to the specific location of the property.

    Cost approach - The theory is that the value of a property can be estimated by summing the land value and the depreciated value of any improvements. It is the land value, plus the cost to reconstruct any improvements, less the depreciation on those improvements. In most instances, when the cost approach is involved, the overall methodology used is a hybrid of the cost and market data approaches.

    Sales comparison approach - The sales comparison approach looks at the price or price per unit area of similar properties being sold in the marketplace. Simply put, the sales of properties similar to the subject are analyzed and the sale prices adjusted to account for differences in the comparables to the subject to determine the fair market value of the subject. This approach is generally considered the most reliable, if good comparable sales exist. In any event, it is the only independent check on the reasonability of an appraisal opinion.

    Income approach - The income capitalization approach is used to value commercial and investment properties. In a commercial income producing property this approach capitalizes an income stream into a present value. This can be done using revenue multipliers or single-year capitalization rates of the net operating income.

    Mortgages
    The main source of capital used by individuals and small companies to purchase and improve land and buildings is mortgage loans - bank loans for which the real property itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because, if the borrower does not make payments, the lender can foreclose by filing a court action that lets them take back the property and sell it to get their money back.

    Multiple Listing Service
    Multiple Listing Service (MLS) (also Multiple Listing System or Multiple Listings Service) is a database, which allows real estate brokers representing sellers under a listing contract to widely share information about properties with real estate brokers who may represent potential buyers or wish to cooperate with a seller's broker in finding a buyer for the property.

    Property Management
    A property management company is tasked with the responsibility of managing the multiple aspects that come along with the ownership of real estate. In exchange for the service they provide, property management companies charge landlords a percentage of the gross rent collected each month (typically 3-10%), in addition to lease commissions. Property manager relations with Tenants gives a face to the Landlord and provides them the necessary buffer servicing their desire to profit and distance themselves from their tenant constituency.
    Duties of property management companies include:
  • Accepting rent
  • Responding to and addressing maintenance issues
  • Advertising vacancies for landlords
  • Doing credit and background checks on tenants


  • Real Estate Developer
    A real estate developer makes improvements of some kind to property, thereby increasing its value. The developer may be an individual, but is more often a partnership, limited liability company or corporation.
    There are two major categories of real estate development activity:
  • Land developers - Land developers typically acquire natural or unimproved land and improve it with utility connections, roads, earth grading, covenants, and entitlements. Infrastructure improvement provides a base for further development of built improvements. Covenants define the context in which future development of built improvements may take place Entitlements are secured legal permissions from regulatory bodies (typically in the form of permits, but sometimes in the form of re-zoning or planned unit developments). Once these improvements have been made to the raw land, it is typically subdivided and sold piecemeal at a profit to individuals or building developers.
  • Building developers- Building developers acquire raw land, improved land and property in order to construct building projects. The buildings are then sold entirely or in part to others, or retained as assets to produce cash flow via rents and other means. Some building developers have their own internal departments for designing and constructing buildings (more common among larger developers), while others subcontract these parts of the work to third parties.
  • Find Services for:

    HOMEOWNER INSURANCE
    Competitive rates through major carriers and outstanding customer service. All your other insurance needs can be conveniently handled through this full-service agency as well.

    HOME PROTECTION PLAN
    Protects you against unexpected breakdowns of many major systems and appliances in your newly purchased home.

    HOME WARRANTY SERVICES
    Find home warranty services, moving services, relocation, property management, rentals, and more.

    FINANCIAL SERVICES
    Whatever service you need, it's here! Conveniently handled through a professional agent

    MORTGAGE CREDIT OPTIONS
    Compare mortgage rates, terms and products and receive mortgage counseling.

    MORTGAGE FINANCING
    Financial Services including Mortgage Financing are available to make it all quick and easy

    PERFORMANCE GUARANTEE
    Just tell your what your needs are, and we'll take it from there.

    TITLE INSURANCE
    Title insurance insures against things that have occurred PRIOR TO the issuance of the policy. We examine all records to search for - and cure - possible defects in title.

    Find Homes with:
    Atrium
    Attic
    Basement / cellar
    Conservatory
    Family room
    Foyer
    Laundry room
    Library
    Living room or den
    Lounge
    Office or study
    Parlor
    Recreation room / rumpus room
    Sunroom
    Storage room
    Workshop

    Click here for info on finding a home, or selling a home.

    ©HomesDiscounted 2008