


Raise Your Price (But be Reasonable)
While you don’t want to overpay for a house, you may have to offer more money, especially if your first offer was a lowball offer. Listen to your agent’s advice about how much to increase your offer by to make it more enticing to the seller. As your realtor, I will be able to make your counteroffer look even more appealing by bringing attention to the prices of other homes in the area of similar size and with similar features. Although the situation may seem to be escalating quickly and will get stressful, you need to make sure you don’t make any impulsive decisions. In order to make sure you don’t go overboard, we will keep a few things in mind:- No matter what, you won’t be able to exceed the amount your mortgage company pre-approved you for.
- You should not overextend your budget.
- You want to keep your counteroffer reasonable so that you can enjoy your new home but also keep living your life. Besides, you aren’t out of options yet.
Pick Up the Cost of the Home Warranty
Sellers will sometimes offer prospective buyers a home warranty, which is a plan that covers the cost of repairing major home appliances and systems if they malfunction within a certain time period after closing, typically a year. The air conditioner and hot water heater are typically covered under this warranty. According to Angie’s List, a basic home warranty costs anywhere from $300-$600 a year. If waiving the home warranty will make negotiations easier, you can always tell the seller they don’t need to pay for it. You can always buy it yourself. Regardless of who buys the home warranty, you’ll need to pay the service fee, which is generally between $50-$100, if something goes wrong while still under the warranty’s coverage period. Just an FYI: A home warranty is completely different and separate from homeowners insurance, which covers the home’s structure and possessions in a fire, storm, flood, or other accident. Homeowners insurance is required if you take out a mortgage and can cost anywhere from $300-$1000 per year – a small price to pay for peace of mind.- Be Patient about Taking Possession of the Home Depending on the seller’s timeline, being patient about the proposed possession date may butter them up a little. If the seller wants to remain in the house for a period of time after closing, you can consider pushing back the possession date. You could also have the seller pay rent for the period of time they remain in the house after closing, which would be done by drawing up a “rent-back” agreement.

4 beds, 2 full, 1 part baths
Home size: 2664
Added: 11/29/20, Last Updated: 11/29/2020
Property Type: Detached Home for Sale
MLS Number: VAFX1169520
Subdivision: Mt Vernon Forest
<!--List Price: 685000.00
-->Properties in Alexandria
$675,000 - 971 N Paxton St
4 beds, 2 full, 1 half baths
Living area: 2,298 sqft
Lot size:
Year built: 1958
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$719,000 - 6000 Walhaven Dr
5 beds, 3 full, 1 half baths
Living area: 4,370 sqft
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Year built: 1845
Gracious and spacious historically significant home in lovely Ashland Manor setting. This ... [Read more]
$700,000 - 8411 Fort Hunt Rd
6 beds, 3 full baths
Living area: 1,396 sqft
Lot size:
Year built: 1963
This sun filled split level sits within the desirable and timeless Waynewood community. This ... [Read more]
$675,000 - 9032 McNair Dr
5 beds, 3 full baths
Living area: 2,948 sqft
Lot size:
Year built: 1960
Highly sought after, rarely found, large rambler with substantial updates provides one level ... [Read more]
$645,000 - 8818 Fort Hunt Rd
4 beds, 2 full, 1 half baths
Living area: 2,568 sqft
Lot size:
Year built: 1965
Incredible opportunity to own this large split foyer home moments away from Fort Hunt Park. ... [Read more]
$649,000 - 6506 Delia Dr
5 beds, 3 full baths
Living area: 2,016 sqft
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Year built: 1972
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$729,000 - 4518 Seminary Rd
4 beds, 2 full, 1 half baths
Living area: 2,930 sqft
Lot size:
Year built: 1959
Best buy in Alexandria for under 750K! Mostly updated 4br/2.5 ba split with over 2900 sq ft of ... [Read more]
$677,777 - 2508 Fleming St
5 beds, 2 full baths
Living area: 1,812 sqft
Lot size:
Year built: 1952
Welcome to your New Dream Home HERE IN ALEXANDRIA! You will love this beautifully maintained ... [Read more]
$715,000 - 5818 Dawes Ave
5 beds, 3 full baths
Living area: 1,502 sqft
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Year built: 1961
Looking for that perfect spacious home, fenced-in backyard, quaint neighborhood, in a quiet ... [Read more]
$649,900 - 8401 Cherry Valley Ln
4 beds, 2 full, 1 half baths
Living area: 2,394 sqft
Lot size:
Year built: 1963
Stunning 4 bedroom, 2.5 bath Colonial located in desirable Riverside Estates. Beautiful ... [Read more]
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