Riparian water rights are the rights that landowners have to make "exclusive use" or “reasonable use” of the water that abuts, or flows through or over their properties. Examples of riparian rights include the right to build structures like docks or piers, access to the water for the purposes of swimming or fishing, and the … Continue reading What are Riparian Rights in Maryland and Virginia Waterfront Property?
This article explains the four most common valuation methods used for real property transactions and how and when they are used. It’s important to note that the methods below are not necessarily mutually exclusive. Lenders, servicers, investors, and other professionals use one or more of these valuation methods, depending on circumstances and the type of … Continue reading CMAs, BPOs, AVMs and Appraisals Explained
Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the … Continue reading 4 Reasons to Buy a Home This Winter!
Whether you're buying or selling a home (or both), pay special attention to how a home inspection can serve your interests. A professional home inspection protects both buyers and sellers from legal action sparked by problems found after a home is sold. Buyers have long been advised to include a home inspection contingency in their … Continue reading Get the Most Out of Your Home Inspection
Failure to prepare your home for the upcoming winter months can have dire consequences on your wallet, as well as pose a safety hazard for others. Even those in warmer climates will want to be careful this time of year: Everyone can benefit from an annual maintenance tune-up, and even in the South a winter … Continue reading Winter Maintenance Must-Dos
W.C. & A.N. Miller Realtors® succeeded as a division of its Washington, DC parent company. The Miller company was founded on integrity, professionalism, hard work and trust; values that never waver. We proudly carry on the heritage of W.C. & A.N. Miller Realtors (founded 1912) and Christie's International Real Estate (founded 1766), businesses long recognized … Continue reading Long & Foster, Wes Foster, and Warren Buffett
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving. As the graph below shows, for over twenty years (1985-2008), the median … Continue reading How Long Do Most Families Stay in Their Home?