Always ask if there is a second mortgage!

When you represent a seller always take time to ask about liens against the house.  Most homes will have a mortgage and some will have a second mortgage. Always assume there is a second mortgage and ask the seller the amount of the second mortgage.  This can prevent troublesome surprises when you get to closing.

Patience is a virtue.

About a year to six months ago, I showed Mike J. some properties.  We looked here and there, high and low.  Then he disappeared. And I didn’t here from him from a long while. Last week he contacted me and said he’s ready to buy.  He’ll be moving to Midtown Alexandria and we expect to ratify a contract shortly.