It takes many talented people to help settle your purchase!

When it comes to buying or selling a property, choosing the right settlement agent is crucial. The settlement agent plays a vital role in ensuring that the legal transfer of property ownership goes smoothly. Here are five compelling reasons why you should be very selective when choosing your settlement agent:

1. Expertise and Experience
Not all settlement agents are created equal. It’s essential to select a settlement agent who has a proven track record of success and extensive experience in the real estate industry. An experienced agent will have a deep understanding of the complex legal processes involved in property transactions and will be able to navigate any potential obstacles that arise.

2. Attention to Detail
The transfer of property ownership involves a significant amount of paperwork and legal documentation. A single mistake or oversight can lead to costly delays or even legal disputes down the line. When choosing a settlement agent, look for someone who is meticulous and thorough in their work. They should have a keen eye for detail and be able to catch any potential errors or discrepancies in the documentation.

3. Communication and Responsiveness
Buying or selling a property can be a stressful and emotional process. It’s important to choose a settlement agent who is an effective communicator and is responsive to yours and your agent’s needs and concerns. They should keep everyone informed at every stage of the process and be available to answer any questions. A settlement agent who is difficult to reach or fails to keep everyone updated will add unnecessary stress and anxiety to a challenging process.

4. Reputation and References
Before selecting a settlement agent, speak with you real estate agent about their recommendations and experience. We vet all services carefully.  Our sources have a solid reputation and positive track record. At Properties on the Potomac, Inc. the settlement agent has a single point of contact for our clients to expedite and streamline the process.

5. Cost and Value
While cost should not be the determining factor in choosing a settlement agent, it is still an important consideration. Settlement agents charge a fee for their services, which can vary depending on the complexity of the transaction and the level of service provided. When comparing settlement agents, look for someone who offers a fair and transparent fee structure. Title insurance is an important determinant in selecting the settlement agent. Keep in mind that the cheapest option is usually not  the best choice, as they may cut corners or lack the necessary expertise to handle your transaction effectively.

Since 2006, many of our clients have closed their property purchases with Highland Title. Through the years, we have formed a tight team of professionals who look out for our clients’ best interest through careful review, prompt attention to issues that could come up, and professional resolutions so that all parties in the transaction are protected. This week, we celebrated their 25th anniversary!

In selecting a settlement company, as in selecting the agent to represent you, choose to work only with top professionals who will represent your best interests. If you are planning a real estate purchase, contact Properties on the Potomac at 703-624-8333 today! Once we find you the right property, we can help you chose your settlement company.

by Krasi Henkel

Hardwood floors are timeless. Case in point: this room with the same flooring, 57 years apart!

As a small child, I lived in a European city, in an apartment with parquet floors covered by Persian carpets. You can imagine my surprise when I first saw the dirt floors in my great-grandparents’ farmhouse. I thought that it was primitive that a house would have earthen floors, although they were perfectly even and spotless!

Floors always catch my attention. Over my lengthy real estate career, I have witnessed flooring fads appear and become obsolete. One style seems to persist: hardwood floors. 

In the 1980s, hardwoods emerged for formal living spaces, with tile in foyers, kitchens, and baths. The late 1990s and 2000s brought a laminate vogue, but laminates sounded hollow and were water-prone. Today, we have luxury vinyl planks (LVP) resembling wood grain minus the hollow feel of the laminates.

Most of my clients seem to prefer hardwood floors. Why? Hardwood floors provide adaptability. They are a neutral canvas that invites rugs, furnishings, and varied décor. Even if refinished every 10-15 years, quality hardwoods can last 50+ years.

In contrast, carpets don’t stand the test of time. After 20 years, I replaced wall-to-wall carpeting in my last bedroom. I found the padding had deteriorated to dust. On the surface, the carpet looked perfect. Padding deterioration is one reason that carpets are blamed for allergens and irritants.

Hardwood floors offer flexibility and diversity. Nicks and scrapes can be repaired and colors can be altered. Planks can be replaced or inserted for remodeling and with proper refinishing, will look untouched. Historic residences display pine or oak floors after centuries. Unlike trends that become outdated, hardwood endures.

A herringbone parquet pattern is always in style

Considered the “little black dress” of flooring, classic hardwood floors are the base elevating your unique style. As evening gowns over proper foundations, your walls, furniture, and accents will draw the gaze — not your “basics.” 

In selecting floors for a new build, remember that typically only two to three feet of floors remain visible after furniture and rugs. You can save thousands by making smart selections in favor of a classic floor and guard against the impulse for exotic woods, patterns, or unique plank widths. What about scuffs, heels, and pets? Those show that people live and enjoy there. Patina.

One question often arises: whether finished-in-place or pre-finished floors are preferable. That depends. Today’s pre-finished floors offer extensive protective coating making them very durable with pets and children. The smooth elegance of finished-in-place floors is hard to pass up, but again, only small sections are visible. That is a personal choice with minimal cost difference.

The bottom line: staying with classic hardwood flooring will save money and prevent future refuse (in the form of old, out-of-style carpet.) With a look toward the future, keeping your hardwood floors while modernizing the decor above them will save you thousands.

In the market for a home with classic hardwood flooring? Give Properties on the Potomac a call at 703-624-8333 to help you find your perfect flooring canvas!

By Krasi Henkel

As opinions have currency in real estate, the cultured credibility offered by a home library can sway buyers and add significant value to a house. Though e-readers and digital books are common, there remains strong appeal to the tangible permanence and character of print books lining built-in shelves.

More than a storage place for novels and non-fiction, the home library represents intellectualism and refined tastes which many affluent buyers seek in a residence. Beyond superficial decor, an elegant library signals the substance of both current and past owners. It communicates that interesting dinner conversations, music, and art have filled those rooms.

Built-in bookcases hold special weight over stand-alone shelving. They demonstrate forethought in the home’s original design and construction and cannot be easily moved or changed on impulse like furniture. As integral house features, custom built-in bookcases can add 10-15% of their initial cost to listing prices. Their fixed nature also means volumes collected over years remain on display.

The permanence, personalization, and intellectual substance embodied in a home library comprises a unique asset. For buyers seeking both image and lifestyle, rooms of books can add eight to fifteen percent in perceived worth…or perhaps prove literally priceless among competing listings.

In showcasing owners’ sophistication, libraries reveal character that cannot be fabricated. Where furniture and paint colors change on trends, libraries accumulate over lifetimes. They bestow cultured credibility more reliable than passing fashions. For buyers sharing such values, a house with a library makes tangible the intellectual and cultural traditions they wish to perpetuate.

 

If you’re in search of a home with a library, or perhaps a home with the perfect space to build the library of your dreams, we’re here to help! Call Properties on the Potomac at 703-624-8333 today.

The holiday season is upon us, and there’s no better time to infuse your home with warmth and coziness. Whether you’re hosting festive gatherings or creating a tranquil retreat for your family, here are some tips to make your home feel like a cozy haven during the holidays.

Warm Lighting: Replace harsh overhead lights with warm, soft lighting. Consider adding string lights, candles, or festive lanterns to create a warm and inviting atmosphere. Soft lighting can instantly transform the mood of a room, making it feel more intimate and cozy.

Layered Textures: Incorporate plush blankets, fluffy pillows, and soft rugs to add layers of texture to your living spaces. Not only do these elements make your home visually appealing, but they also provide physical comfort, making your space perfect for holiday lounging.

Cozy Nooks: Create cozy nooks throughout your home with reading corners or seating areas adorned with warm blankets and cushions. These designated spaces offer a perfect escape for relaxation or quiet moments during the busy holiday season.

Seasonal Scents: Embrace the power of scent to evoke holiday memories. Use scented candles, essential oil diffusers, or potpourri with fragrances like cinnamon, pine, or vanilla. The right scents can create a warm and inviting ambiance, making your home feel like a festive retreat.

Festive Decor: Infuse your home with holiday charm by incorporating festive decorations. From twinkling lights and ornaments to wreaths and garlands, decking the halls can instantly lift the spirits and make your home feel like a winter wonderland.

As you bask in the joy of the holidays, it’s also an ideal time to reflect on your living space and consider what truly makes a house feel like a home. If you find yourself dreaming of a new home for the upcoming year or contemplating the sale of your current property, why not turn those thoughts into action?

At Properties on the Potomac, we specialize in turning dreams into reality. Whether you’re looking to buy your next dream home or sell your current property, our team is here to guide you through the process with expertise and care. Contact us at 703-624-8333 today to turn your holiday aspirations into a New Year’s resolution for a new home. Cheers to a cozy holiday season and the exciting possibilities that the coming year may hold!

By Krasi Henkel, Broker

When asked to draw a house, the image that likely comes to mind is a rectangular box with a triangle roof (probably better than mine) — the quintessential Cape Cod style. This simple, no-frills architectural approach has captivated homebuyers for over 300 years and, due to its popularity, has been placed on millions of Monopoly boards.

The Cape Cod dates back to the early 18th century when early settlers built modest wood-frame homes along the Massachusetts coastline. With its steep roof, central chimney, symmetrical shape and lack of ornamentation, the style embodied frugal values.

Yet over the centuries, the appeal of the Cape Cod has proven surprisingly enduring. Today’s popular “farmhouse chic” aesthetic traces its roots back to these humble colonial dwellings. The modern suburban tract house owes a debt to visionary developers like Levitt & Sons, who revived the Cape Cod in the postwar period as an affordable option for families.

Today, newly built Capes routinely sell for over $1 million, representing a nearly ten-thousandfold price increase from their mid-20th century counterparts. Even modest Levitt homes regularly sell for half million dollars. It seems that this back-to-basics architecture always finds an eager audience.

Perhaps the timeless draw of the Cape Cod lies in its efficiency and practicality. With a spacious great room and oversized bedrooms, the layout perfectly suits modern family life. Its classic façade blends seamlessly into both historic and contemporary neighborhoods.

Whatever the reason, the staying power of this architectural  favorite is clear. As we enter a new year, it’s wise to remember that sometimes, simple is best. Whether buying a home or custom building a new one, the tried and true Cape Cod formula continues to deliver – frills are optional.

If you’re looking for the perfect Cape Cod in the DC Metro region, contact Properties on the Potomac at 703-624-8333 today!

When putting your house on the market, making it appealing to potential buyers must be top priority. An often overlooked but incredibly effective strategy: decluttering. Removing excess items throughout your home not only makes it look cleaner but can also help streamline the moving process.

Why Declutter?

Decluttering does far more than just tidy up – it creates an environment optimized for selling. Here are some of the biggest benefits:

  • Enhanced Curb Appeal: First impressions make or break the deal. Remove clutter from the yard and exterior areas to impress buyers from the moment they drive up.
  • Spacious Interior: Removing excess furniture and other items makes rooms appear more spacious. Buyers can better envision their own belongings in clear spaces.
  • Highlight Home Features: Decluttering directs focus toward your home’s best selling points like ceilings, floors, and fixtures. Remove distracting items to spotlight unique architectural elements.
  • Easier Packing: Decluttering before listing means having less to pack and move. This streamlines your moving process and reduces stress.
  • Audience Appeal: Decluttering creates a neutral canvas that appeals to the widest range of potential buyers.

The Downsizing Process

Decluttering an entire home can feel overwhelming. You may want to consider getting help from a professional organizer and downsizing expert. Their specialized services include:

  • Customized Plans: Every home and situation is unique. Professionals tailor the decluttering approach to match your needs and timeline.
  • Objective Guidance: They provide unbiased input to help determine what items to keep, sell, donate, or discard. Their perspective helps clients make clear choices.
  • Space Optimization: Experts have creative solutions to maximize storage and efficiency in every area from closets to the family room to pantries.
  • Packing/Unpacking Aid: Professionals assist with properly packing belongings for the move, then help unpack and arrange your new home.
  • Stress Relief: Having an experienced specialist handle decluttering reduces the anxiety surrounding your moving process.

By investing in downsizing assistance before listing your home, you not only make the property shine, but also gain peace of mind. A decluttered home opens the door to new possibilities.

Are you planning a move or maybe you’re simply tired of the clutter? Contact Properties on the Potomac at 703-624-8333 to get a referral to one of our trusted experts.

“How is the market?”

This is our most frequently asked question. It is understandable given low inventory, rising interest rates, and homes often selling for over list price. Real estate headlines can seem daunting. Headlines notwithstanding, our market is still active. Home values climbed at about 3.5% in the first half of this year as demand continues to outpace supply.

The key to this market is being an educated buyer or seller. Now more than ever, working with the right agent is critical. Selecting a savvy, experienced agent who will give you expert guidance will make all the difference in this competitive market.

Our proven systems help our clients find the right homes and make the best offers. Our success speaks for itself. We leave no details to chance. Our sellers optimize their properties to attract the most qualified buyers who are ready to move quickly.

Today’s most successful real estate agents are taking advance reservations from qualified clients. By planning ahead and partnering with a top agent, buyers and sellers can still achieve their property goals, even in this fast-paced market.

Bottom line: real estate remains an essential need and purchases are happening every day. With the right preparation and guidance, your real estate goals can absolutely become reality. The key to our clients’ success are our well-honed systems.

Do you have real estate plans for 2024? Connect with Properties on the Potomac at 703-624-8333 to start strategizing for your next move!

by Krasi Henkel, Broker, Properties on the Potomac, Inc.

In the horse world, there’s no show quite like Dressage at Devon. The iconic showgrounds just outside Philadelphia draw elite competitors from across the nation and globe. To ride in the Dixon arena at Devon is a lifelong dream for many equestrians.

As a Virginia, Maryland, D.C. – based real estate brokerage specializing in estates, land, and horse properties, we were thrilled to secure the last vendor “cottage”  for Dressage at Devon 2023 the last week in September. Having exhibited at weekend expos before, I didn’t initially grasp the magnitude of having a presence for a full week. The concept of a “cottage” also took some getting used to — a simple table and banner would not  represent our commitment to excellence.

In the three weeks leading up to the show, I devoted extensive preparation to designing and outfitting our cottage. I wanted every detail to align with our mission statement’s promise of “impeccable service.” For Properties on the Potomac, that meant creating a space that exemplified sophistication, expertise, and understanding that home is where the heart is. For horse lovers, the heart is where the horses are!

My cottage design process involved drawing scale models and imagining hosting guests in a warm, welcoming environment. I made copious lists and checked off each logistical task from ordering furnishings to packing the truck strategically to get everything to Devon. That diligent organization gave me peace of mind that nothing would be omitted or left to chance.

The day of departure brought chilly rain, making the drive more challenging, but I arrived ready to set up. A missing screwdriver complicated things, but we adapted with a Phillips head key from a lamp box. After two days of assembling the cottage, it matched my vision without excuses. The electric fireplace I chided myself over bringing created a cozy ambiance on the cold rainy days, drawing admirers in from the cold.

The week that followed was filled with industry connections and new friendships. A number of international vendors provided excellent international contacts for me as a Certified International Property Specialist. Covering for each other’s cottages with our neighboring vendors led to pleasant camaraderie.

Promoting our boutique brokerage at a national show enabled conversations with horse owners from across state lines. I presented a talk on horse farm buying considerations, applying my recently printed book, Finding and Buying a Horse Farm.

If I took away just one thing from Dressage at Devon, it was confirmation that person-to-person interactions build relationships in a way websites can’t replicate. Preparing meticulously and sweating the details paid dividends. While a huge undertaking, exhibiting at Devon was ultimately an amazing opportunity to represent our brand and bring the authenticity of impeccable service to the heart of horse country.

If you’re in the market for an estate, land, or horse property, Properties on the Potomac is the right brokerage for you! Give us a call at 703-624-8333 today!