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Lisa Dunham, REALTOR®, MBA, CDPE, ABR, Alexandria VA Real Estate, Short Sales

Restaurant Week in Alexandria VA

Restaurant Week in AlexandriaRestaurant Week in Alexandria VA

Restaurant Week in Alexandria is January 13 -22, 2012. This 10-day event offers Alexandria residents and visitors the opportunity to enjoy a diverse range of tantalizing cuisines prepared specifically for the occasion. Participating restaurants will offer an assortment of delicious foods and distinctive treats to showcase the wide range of culinary expertise offered throughout the city.

If you are a connoisseur of the culinary arts or simply have an appreciation for fine foods, you do not want to miss this mouthwatering event. Patrons may choose to dine on a $35 Prix-Fixe Three Course Dinner or $35 Dinner For Two. Feast and Enjoy!

Homeownership Got You Stressed Out?

Homeownership Got You Stressed Out?

Homeownership Got You Stressed Out?Homeownership got you stressed out, wiped out, and plagued with despair? If your dream of homeownership has left you mentally strained and financially drained, then maybe it is time to cut your losses and find a more favorable solution. With the many complex issues surrounding today's real estate market, finding the right solution can be quite overwhelming.

Maybe I can help...

As a Certified Distressed Property Expert (CDPE), I have the unique skill sets needed to evaluate your housing dilemma and provide you with a favorable alternative. Regardless of your current situation, I am committed to finding the solution that works best for you.


For immediate consideration, contact me today. I welcome the opportunity to meet with you to confidentially discuss the solution that is right for you. This service is complimentary.

Top 5 Reasons Not To Over Price Your Home

Top 5 Reasons Not To Over Price Your Home

5 Reasons Not To Over Price Your Home  Excessive inventory. In recent years, the housing inventory has skyrocketed. With the downfall of the economy and the steady influx of short sales and foreclosures, there is now an abundance of homes available for sale. Today, supply exceeds demand. Overpricing your home in a market where supply exceeds demand is termed seller suicide! Why sabotage your own sale? Instead, price your home competitively giving you the best possible chance of getting it sold in a timely manner.

Buyer's Appraisal. In order for the buyer to qualify for a mortgage loan, the buyer's lender must appraise your home. If the appraised value is less than the sales price, the appraised value will equate to the maximum loan amount that the lender would be willing to approve. In order for the buyer to secure a mortgage loan, the sales price must not exceed the appraised value.

No traffic. The first week after placing your home on the market is a very crucial time. This is the time to capture interested buyers. If your home is overpriced, you are unlikely to receive any visitors. Buyers will preview other homes in your neighborhood but skip yours. To ensure a steady flow of traffic to your home, price your home competitively. Ultimately, this will increase your chances of receiving an offer from a ready, willing, and able buyer.

Top 5 Reasons Not To Overprice Your HomeNo offers. If your home is overpriced, you are unlikely to receive an offer as buyers are not willing to pay more for your home than it is worth. Rather, they will simply move on to the next property. It is imperative that you price your home in accordance with the current market value to increase the possibility of generating an offer.

No sale. Overpricing your home will ultimately end in no sale. As previously stated, buyers are unwilling to pay more for your home than its current market value. Therefore, overpricing your home will only help to ensure that your real estate transaction will not end in a successful sale.

I Am Too Embarrassed To Do A Short Sale

Too Embarrassed To Do A Short SaleI Am Too Embarrassed To Do A Short Sale

These words were spoken to me by a prospective client a few days ago. As a Certified Distressed Property Expert (CDPE) and one who is highly experienced in representing home buyers and sellers in the short sale process, I wanted to address the negative perception that still permeates the industry regarding short sales.

A short sale is the sale of property where the total amount of the seller's outstanding loan(s) exceeds the current market value of the home. Short sales grew in popularity as a result of the downfall of the economy. Initially, short sales were frowned upon because they symbolized the seller's inability to pay his or her mortgage debt. Naturally, this became an embarrassing factor for many home owners. Nonetheless, as the economy continued on a downward spiral, short sales became a method of survival. Today, short sales are a way of life.

The perception of short sales has drastically changed throughout the real estate industry. Long-gone are the days when short selling your home was something to be embarrassed and ashamed of. In many cases, short selling is considered a smart decision. When in doubt, just as a short sale expert like me!

Too Embarrassed To Do A Short SaleTo all prospective home sellers who are considering short selling your homes, there is absolutely nothing to be embarrassed about. Short sales have become a way of life and you need not feel ashamed to short sell your home. Home owners short sell their homes for many reasons and you should feel comfortable in making this decision as well.

If you are considering short selling your home in Alexandria, Lorton, Woodbridge or any of the neighboring areas in northern VA, please contact me for assistance. I would be happy to evaluate your circumstances and help determine if short selling your home is the best decision for you.

How to Reduce the Cost of Your Daily Work Commute

How to Reduce the Cost of Your Daily Work Commute

How to Reduce the Cost of Your Daily Work CommuteAre you looking for ways to reduce the cost of your daily commute in northern Virginia, Maryland and Washington, DC? If you are interested in a cheaper ride to work, then check out Ridematching and Ridesharing with Commuter Connections. Through Ridematching and Ridesharing, Commuter Connections can instantly help you find a list of compatible carpool and vanpool partners who can help you save on the cost of your daily work commute. You are free to join an existing carpool or vanpool or you can simply start your own.

For added convenience, Commuter Connections offers you a Guaranteed Ride Home when you carpool, vanpool, bicycle, walk or take any form of public transportation to work at least twice per week. For unexpected emergencies or unscheduled overtime, you need not worry about your transportation home. Commuter Connections will provide you with a free taxi ride home or a rental car up to four times per year.

If you are looking for ways to reduce the cost of your daily commute in northern Virginia, Maryland and Washington, DC, Commuter Connections may be the best solution for you. To register for Commuter Connections, please visit www.commuterconnections.org. For questions regarding the program, please call 1-800-745-RIDE. Happy Commuting!