Terry Blockett's Blog

Posted on 05/31/2020
Good Faith Deposits Requirements When Purchasing Real Estate
Photo by Clker-Free-Vector-Images via Pixabay When you purchase real estate, you must put down a good faith deposit. Several factors determine how much you will need to put down, but it could be as little as $100. In order to have a valid contract, the contract must have “consideration,” or something of value exchanged for the contract. The...
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Posted on 05/24/2020
Why Is a Property Inspection Important?
A home inspection may make or break the property buying journey. If you attend a home inspection and find no major issues with a residence, you may choose to move forward with your house purchase. However, if a home inspection reveals significant problems, you may decide to rework a home purchase agreement or walk away from this agreement altogether....
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Posted on 05/17/2020
What Does It Take to List a Residence?
Listing a home may be simple. In fact, if you know what it takes to craft an engaging house listing, you could speed up the property selling journey. Now, let's take a look at three tips to ensure you can create an effective home listing. 1. Evaluate Your Home's Strengths and Weaknesses Your home likely has served you well,...
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Posted on 05/10/2020
Identify Your Residence's Strengths
A home seller who understands his or her residence's strengths may be better equipped than others to enjoy a successful property selling experience. Fortunately, there are many things you can do to identify your house's strengths before you list your residence. Now, let's take a look at three tips to help you identify your home's strengths. 1. Conduct a...
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Posted on 05/03/2020
When Your Homeowner’s Insurance Has Holes
Image by Brasil Creativo from Shutterstock If this is your first time owning a home, your mind is likely consumed with plans to replace the carpet or upgrade the appliances. You want to get the best deals and save money where you can. One area not to skimp, though, is in your homeowner's insurance. The last thing you...
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Posted on 04/26/2020
Should You Negotiate with a Property Buyer?
If you want to achieve the best-possible results during the home selling journey, you should be open to negotiating with a homebuyer. Because if you communicate with a property buyer, you may increase your chances of enjoying a quick, successful home selling experience. There is no need to stress about a home negotiation. Now, let's take a look at...
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Posted on 04/19/2020
What does Live-Work Space Mean?
Photo by Archi_Viz via Shutterstock Many urban areas promote the concept of working where you live, or living where you work, to simplify your life. But what does that mean when you’re buying real estate? The main difference is in zoning requirements and building codes. Those that are primarily zoned as residential offer fewer options for commercial enterprises....
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Posted on 04/12/2020
Which Investment Fits Your Needs: REITs or REMF
Image by Steve Buissinne from Pixabay For anyone interested in investment diversification, real estate is one of the preferred holdings in addition to stock and bonds. However, many investors possess neither the cash nor the knowledge and interest to actually buy, sell, rent or manage real property. Such investment involves more than cash; it also requires in-depth market...
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Posted on 04/05/2020
Easements & Right of Way
Photo by David McBee from Pexels At some point, you might come across the terms “easement” and “right of way.” These terms both imply another person or entity may have use of your property. As a homeowner or buyer in the market for a home, you’ll want to thoroughly understand both of these terms and how they can...
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Posted on 05/01/2020
3978 Woodhue Place #5, Alexandria, VA 22309 is now new to the market!
THIS IS A HARD TO FIND ONE BED ROOM TOWNHOUSE, A MUST SEE UNIT. LARGE LIVING ROOM AND MASTER BEDROOM. CHARMING, WARM AND UNIQUE. WASHER AND DRYER LOCATED ON THE MAIN LEVEL FOR EASY OF USE. GREAT LOCATION, WONDERFUL FIREPLACE AND FRONT COURTYARD/PATIO FOR PRIVATE OUT DOOR FUN, AND CLOSE TO SHOPPING AND FUN. !!PLS NO PERSONAL CHECKS FOR SEC. DEP & APPL...
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Posted on 04/04/2020
5707 Olde Mill Court #110, Alexandria, VA 22309 is now new to the market!
A must-see condo located near public transportation, recreational and historical sites. This home is in move-in condition. Beautiful, upgraded flooring spans the living and dining areas. Wood-burning fireplace will warm you during chilly nights. Spacious and sunny two-bedroom and two-bath home. The master bedroom includes a walk-in closet and a full bath. This home has a gorgeous new kitchen: upgraded cabinets, upgraded appliances, and countertops. Don~t miss the washer and dryer in the laundry room! Please do not miss the chance to own this home. This one is clean and ready for a new...
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