Should I Use an Escalation Addendum in a Seller’s Market?

I am a licensed realtor in Virginia, so the subject matter presented here applies to Virginia only. It may or may not apply to your state, as contracts and addenda are state-specific. The opinions presented here are my own. Please consult your realtor for your specific situation. Today, I’ll be answering the question, “Should I … Read more

Should I Waive a Home Inspection in a Seller’s Market?

I am a licensed realtor in Virginia, so the subject matter presented here applies to Virginia only. It may or may not apply to your state, as contracts and addenda are state-specific. The opinions presented here are my own. Please consult your realtor for your specific situation. Should I waive a home inspection in a … Read more

Update #59: January 2021

It’s 2021! A new president got inaugurated today. I don’t like to talk about politics anymore, so I won’t. I’m going to start a new format for my blog posts. I got rid of the standard introduction that I had before for my previous monthly updates. Now that the goal “deadline” has passed for my … Read more

Goal Progess: Update #58, December 2020 and Year-End Totals

It’s been 58 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 58th update on the progress of the goal. If you’re wondering why we set this goal, click here. I need to change this intro. Note to self: … Read more

Goal Progress: Update #57, November 2020

It’s been 57 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 57th update on the progress of the goal. If you’re wondering why we set this goal, click here. It was another busy month in real estate. I … Read more

Goal Progress: Update #55, September 2020

september 2020 update

It’s been 55 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 55th update on the progress of the goal. If you’re wondering why we set this goal, click here. September is a big month for me every year. … Read more

Goal Progress: Update #54, August 2020

Net worth update #54

It’s been 54 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 54th update on the progress of the goal. If you’re wondering why we set this goal, click here. The past month has been a blur. Work, kids, … Read more

Tips for Buying a House in a Seller’s Market

real estate

It’s a strong seller’s market here in northern Virginia. The supply is low, and interest rates are also at historic lows, with rates hovering around 2.5% on a 30-yr fixed. With demand for houses being so high, bidding wars and multiple offer situations are much more common these days. Related Post: Homebuying 101: A Quick … Read more

Goal Progress: Update #53, July 2020

July 2020 update

It’s been 53 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 53rd update on the progress of the goal. If you’re wondering why we set this goal, click here. I usually post on the 19th of every month, … Read more