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All agents are NOT alike! Find out why we are top real estate experts. Call us: 703-658-1600.
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Find Out About the Latest Homes for Sale First! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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"Thank you so much!" "Just a note to say that Dana and I are appreciative of the professionalism and service you provided in selling our home." Chris and Dana Kenney Read Quote > View All Quotes >
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The Carol Greco Group
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Buying Your First Home? Real Estate Agents Are Your Professional Guides. Make Sure You Choose Top Experts. You might be a bit afraid or intimidated by the whole process of buying your first home. As top Fairfax County, Arlington and Alexandria real estate experts, it's our job to guide you, from beginning to end. We will take the time to go through each and every step of the buying process. There are no dumb questions! Together, we will consider: - How much can you really afford? - How to qualify for a mortgage. - How much cash you should put down. - How to buy a home with little or nothing down. - What it takes to get approved for financing. What banks and other financial institutions are looking for. - How much your payments will be. - The tax advantages of buying. - Is renting or buying better for you? Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached.  New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly... 
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About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
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Who is "Fannie Mae" and why is she a big name in real estate?
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"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders. |
See More Real Estate Trivia > |
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The Carol Greco Group Long and Foster Realtors 7010 Little River Turnpike Annandale, VA 22003 703-658-1600 Fax: 703-256-5152 carolgreco@NUMBER1EXPERT.com
We will provide the best service possible for every client we represent. We will never tell a client what they want to hear - if it is not reality. We will never enter into a client relationship where we know what is expected of us cannot be done in good faith. We will never enter into an agreement with a seller who is unrealistic with regard to proper pricing. When hired to sell a client's home, we will always make the recommendations that can assist their home's value or help reduce its marketing time even if it means telling them things they do not want to hear. We acknowledge that we may periodically lose business because we are truthful with our clients while a few of our competitors may tell them what they want to hear to temporarily get their business. We will always remember that to have a winning relationship with our clients, we must always have a mutual goal.
We will never lose sight that our honesty, loyalty, understanding, accountability, and creativity are what makes us so very different from the real estate masses. Our services will always be made available to the public. We will always utilize a well trained staff to assist us in the complex home selling process. We will prioritize our time so that we are working only with people who are serious about either buying or selling real estate. We will always treat all parties honestly and fairly and will always offer our properties without regard to race, creed, religion, sex, ancestry, national origin, handicap, or family status. We will always promote the best interests of the owner. We will strive to obtain the best price for our owners, and we will always disclose to our owners all facts that might affect or influence their decisions.
We assure you that during our real estate careers we will always strive for excellence, and we make a commitment to continued education so that we may better serve our clients.
We look forward to Serving You!
-The Carol Greco Group      

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