Wednesday, April 27, 2011

About 12:45 Team

The 12:45 Team is a young and aggressive real estate team that can service all your real estate needs. We focus on changing lives one home at a time with our team approach.

We specialize in handling Short Sale transactions and helping people avoid foreclosure. We also work with many equity Sellers and home Buyers.

What does 12:45 Team stand for?

12:45 Team is a unique name for our real estate team. The name is derived from the scripture verse Romans 12:4-5.  This scripture reads....

"For just as each of us has one body with many parts, and these parts do not have all the same function.  As in Christ, we, though many, form one body, and each part belongs to the other."

To us this scripture illustrates teamwork and everyone's role on the team. Our team's focus is to meet and exceed your expectations with you as the most valuable player.

Buying A Home As-Is

The Property Is "As-Is"... What Does This Mean?  "As-Is" means the seller will not make any repairs to the property.

All bank owned (foreclosure) and short sale properties will be bought "As-Is".

Some people are very concerned about this, so we are going to explain the steps we take to make sure you are not buying a money pit home.

When we look at properties, we will be looking for glaring red flags. As the agent, I will point these out to you and we will discuss them. Most buyers think repair work costs a lot more than it actually does. Some actually do cost a lot, so our priority is to figure out what scenario we are in when we look at the home.

If you love the property and think it has a lot of potential but are still concerned there may be some major issues with it, we would be happy to recommend a home inspector we know and trust.

A home inspection is done after the Bank has approved the contract. We will need to do one typically within a week of our contract being ratified. Once this is done, we will get a better picture of what type of home you might be buying. If there are serious issues, we will get out of the contract and keep looking or we will try to negotiate the price of the home down to reflect these issues. Minor repair work will not be a reason for negotiating price again.

If the HVAC unit or some of the appliances look like they are on their last leg, we will recommend a home warranty.  If the property is a bank owned or short sale, we STRONGLY recommend a home warranty.  A home warranty covers any of your appliances or HVAC system.  If it goes out in the first year, they will send someone out to repair or replace it. You can even renew this year after year should you choose.

Two of the most expensive items to fix in a home are HVAC and the roof.  The HVAC will be covered by the home warranty and the roof will be visually inspected by the home inspector.

Typically "As-Is" properties are already being bought at a great price, 10-20% below market value.  Most buyers tend to be ok with minor repairs needed on a home if they get it at a good price.

When you are ready to start looking at homes, please let me know and I’d be honored to help!

Monday, April 25, 2011

What Our Clients Say

Joe & Rachael - First Time Home Buyers




Enuma - Short Sold Her Condo
Nate was the best! He had the condo under contract soon after it was listed. You could not find a better realtor to take you through the short sale process. The short sale process went through very smoothly. His team really had the entire process down so there were no surprises. There is no doubt that I would be working with Nate Johnson in any of my future real estate dealings. He knows the business!



Chris - Short Sold His Condo
The short sale was fairly simplistic once I understood all of the moving parts. There are some things you need to know up front or things to look for once you get the paperwork. But overall process went well. I would absolutely refer Nate to my friends and family


Lisa - First Time Home Buyer 
Most realtors are pushy. He wasn't at all. Yet always available/quick to reply with my questions, even after closing when he didn't have to care anymore.


JD & Allison - First Time Home Buyers
We encountered the typical issues with a short sale: non-responsive bank, extremely long wait times. It was tough dealing with a low inventory market. Nate made everything else easy. Nate worked very hard to find the home that we wanted. We encountered some tough situations, but he kept us informed and walked us through the process. We will call him again when we start to expand our family.

Parc Reston Condos

Parc Reston Condo Community like so many other communities in our area has been hit by our declining market. We wanted to let the homeowners here at Parcreston know, you have options!

Please visit our Short Sale FAQ's link and then call us with any questions you have.


Right now in 2011

There are over 120 home owners who are upside down at Parc Reston.

8 condos have sold.  5 of these have been short sales.  The other 3 have been foreclosures.

8 condos are under contract. There are 6 short sales under contract and 2 foreclosures under contract.

We are currently 16 for 16 in successfully completing short sales for our clients since last year.  We would love to chat with you to see if this is a good option for you.

Friday, April 1, 2011

Parc Reston Condos Weekly Home Real Estate Sales Report 4/1/11

Parc Reston Condos
Parc Reston Condos
Relevant Real Estate Information for the Parcreston Condos in Fairfax, VA.



Sold in the last 30 days
According to the MLS 3 condo has sold in the last 30 days.



Sold Condos in 2011



OBSERVATIONS
If you are thinking about buying or short selling your condo in the next 12 months Contact us Today!
Keep checking back the end of the month for more insight to what is going on at Parcreston Condos.


Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.