Contact details
Office: 1-703-552-2600
About Renee McElrath
Your Home Is My Priority
When you want a delicate touch and attention to detail in your next real estate adventure, be sure to contact Renee McElrath of NextHome Capital City Realty. Renee is a Native Washingtonian, and has thorough knowledge of the area, the local market, and everything the DMV has to offer. She knows the neighborhoods well, is a subject matter expert in contracts and negotiations, and is multi-faceted in handling and working with all players and components of a real estate transaction.
Renee's respected reputation has been built on her sincerity, breadth of knowledge, unwavering honesty, insightful talent, and strong work ethic. Renee can serve as your buyer's agent or seller's agent, and she works with both residential and investors. She is committed to providing all clients with the tools and knowledge necessary to reach the best real estate decision possible for each situation.
NextHome Captial City Realty
Renee McElrath
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Real Estate Advice
Homebuyer Tips
Most Common Homeowners Insurance Claims
Are you in the midst of closing your homeowner’s insurance? Trying to save every little penny figuring all the insurance questions we always ask ourselves? Do I need Flood Insurance? What about earthquake? Is there any end in sight for this eternal money spending?Although we do recommend getting the most comprehensive homeowners insurance you can, let us ...
Homebuyer Tips
Benefits Of Owning A Home Vs. Renting
Do you want to make a conversation with your friends more interesting? Start talking about the benefits of owning a home vs. renting one and you will see how many different opinions there are. Everybody will take sides, and at the end of your fight - because it’s very likely it will degenerate - you will still be left wondering what the pros and cons of buying a ...
Homebuyer Tips
Questions To Ask When Buying A Condo For The First Time
When my mother bought her first condo, she didn’t listen to anyone, not even to me, her own son. She was all by herself. Three years later, unable to keep up with the payments, she was forced to move out and recovered less money than she’d expected. I was crying inside because I couldn’t help her. Hopefully, you will let me help you avoid the same pain ...
Homebuyer Tips
Real Estate Terms Every Home Buyer HAS To Know!
Real Estate can be tricky sometimes. Real Estate Agents use a lot of particular words and jargons that almost make a dialect of its own. And you, the home buyer, who just wants to find the perfect home and acquire it suddenly has to learn all of those weird real estate terms on your own to make sense of whatever the heck those real estate agents are talking about. You ...
Home Seller Tips
Real Estate Terms Every Home Seller HAS To Know
You’ve finally put your house on the market but every word that comes out of the real estate agent and potential buyers (or their real estate agents) seems like a foreign language to you. You just nod and try to stay in the loop reading the emotions from your real estate agent. If you took the For sale By Owner route… yikes! Even worse. You’re ...
Real Estate Glossary Terms
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Reformation
Correcting a mutual error in the original contract that did not property portray the intent of both parties. However, if only one party is at fault, reformation does not apply unless the person's error was due to the other party's fraud. ...
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Allocation Of Plan Assets On Termination
Distribution of assets if a pension plan is terminated. The allocation is made by either: refunding all of an employee's contributions, plus interest; establishment of classes of employees and their beneficiaries according to entitlement to benefits. ...
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Estate Settlement Costs
Expenses connected with resolving an estate to include medical expenditures, funeral expenditures, probate expenditures, estate taxes, legal fees, and other administrative expenditures. ...
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Face Amount (face Of Policy)
Sum of insurance provided by a policy at death or maturity. ...
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State Savings Guarantee Corporation
State-sponsored insurance fund that was intended to guarantee deposits at state-chartered savings institutions. A handful of these funds existed in the early 1980s, but after a string of savings and loan failures in Maryland and Ohio in 1985, these funds were phased out and the member savings instit ...