By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
Buying or selling a home can be one of the most life changing decisions a consumer makes. Being educated about the real estate process and investigating the things you don't understand is essential. Working with trustworthy and communicative real estate professionals is also important. A lot of money is on the line when purchasing or selling a home, so be sure to ask questions when you need to about charges, fees or other issues.
You Gotta Have Faith! Three days after an initial application has been submitted the lender must provide a Good Faith Estimate of settlement costs (GFE). The GFE is a list of the closing charges and the HUD settlement statement you receive at closing is the confirmation of these charges. Carefully review the GFE costs and anything you do not understand should be questioned. When you receive the HUD statement the charges and fees should be familiar to you and reflect the original GFE. There shouldn't be any closing cost surprises. If the GFE and HUD costs do not match these issues should be addressed immediately. Discuss the cost discrepancies with your REALTOR and a lender representative. Any costs that were not disclosed on the GFE can be argued against and removed from the HUD.
Closing Costs 101 The first page of a HUD shows the buyer what matters most, the exact amount due at closing. Charges associated with a loan are broken down into sections. Lender costs include fees for origination, discounts, appraisal, credit reports, underwriting and processing. Closing and title costs cover charges from the third party closing agent and for the title search, insurance and recording. Taxes will be listed and fees associated with the deed. The buyer may also create an escrow account holding prepaid funds so taxes and insurance payments are made on time by the lender each month. The REALTOR commission will also be listed, along with survey fees, if necessary.
Financial Responsibilities of the Seller At closing, the seller also has financial responsibilities. The seller pays sales taxes and lawyer, titling and commission fees. If necessary the seller is held accountable for outstanding Home Owners Association fees, termite and moisture inspection charges and well water and septic testing. Repairs that need to be done to the property will be taken out of the seller's proceeds. Liens owed by the seller must also be paid, including tax liens. The seller must insure the home until the deed to the property is recorded a few days after closing. The buyer must have insurance activated on the closing date.
Invest and Save Money Most homebuyers know that a down payment helps save money because it lowers the loan amount and mortgage insurance and, therefore, reduces the monthly payments. It also helps you to qualify for mortgage programs with better rates. Another savings tip is to pay your closing costs up front with the down payment. Avoid rolling the closing costs into the loan itself or the loan and interest will increase. Without funds to cover the down payment and closing costs you will want to refinance later to lower the interest rate. Another important investment homebuyers should make is to work with a mortgage broker. A mortgage broker will shop for the best loan and interest rate. The knowledge a mortgage broker has can equal savings of up to $50,000 in interest charges. If you have credit issues or just want the inside scoop a mortgage broker is your best choice.
Completing the Transaction The closing is an exciting day for both the buyer and the seller. The buyer should bring the GFE to refer to during the meeting and request to review the HUD 24 hours in advance. This means you are prepared and comfortable with the completion of the real estate purchase. A third party and the REALTOR will be present and the loan officer may also be present. The loan officer is the best person to answer any questions regarding the loan. When using a mortgage broker the broker can attend the closing. Some companies, like Breakwater Mortgage in Virginia, require their brokers to attend. Companies like this can be better to work with since they are willing to be more involved. Now that all questions have been answered and the sale has been completed you can look forward to your new home and focus on the future!
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
Look Past the Bottom Line for a Property's Potential
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
It's unfortunate that many real estate investors tend to look at the bottom line when deliberating about a property, rather than the big picture. The real moneymakers in real estate investments are the people with vision, who think creatively, and are willing to assume some level of risk.
A client's initial line of questioning about an investment property goes something like this: What has the property's revenue been for the past three years? How much money will they make starting out? and, How much will they have to invest in the property in the beginning? These are all valid questions. After asking and answering them, investors might try taking off the blinders and thinking outside of the box.
Our population is growing, and land -- unlike cars, furniture, or other structures -- cannot be remade.
Real estate investors might ask themselves these simple questions:
Is there growth in the area where the property is located? Is there anywhere for the growth to go? If so, is it headed towards your property's location?
Has the city or county zoned the are for revitalization or economic development? If so, are there any special funds or benefits available?
Is the property accessible to public transportation?
Are people beginning to look for homes in this area? If so, investors want to be looking far in advance of others to secure the best property deals.
Is the property value in the neighborhood in a slump or an upswing? Purchase during a slump for maximum profits.
The truth is, an investor not make a profit from the property for the first two years. Investment property owners should be looking at the long-term, because they may make money over the next 15 years, while others are not.
Do your research, or hire a REALTOR who is motivated to do it correctly. Speak to neighbors to understand the benefits of living there. Look at the neighborhood surrounding the area, and try to determine if those homes have increased in value. For a solid indicator, consider county property tax figures. In some areas you will find a slight increase in the tax base of 1-3%. In other areas, like Williamsburg, Virginia, taxes have increased 15-13%. Tax base increases are linked to improved property value.
If your investment property venture is a legitimate business, contact the local Chamber of Commerce and county government to see if there are special funds available for revitalization projects. Most Chamber of Commerces provide such programs as well as classes where investors learn how to access these funds.
There are lots of great examples of properties with potential. I'd like to share some background about one of my own listings, a motel in Williamsburg that has not been open for three years. The owners do not know when it was built � probably in the 50s or 60s. The motel sits on 2 1/3 acres of land, which is all zoned commercially. The motel is situated right on a main thoroughfare that was once called �The Golden Mile� of Williamsburg. It's geographic location is near York County a phenomenal leader in economic development. York County is enticing businesses by zoning the northern section of town commercial and it will be the site of the new hospital complex that is currently housed in Williamsburg.
Thinking Outside the Box
An important fact is not widely known about the motel's location, which is key to its investment potential. One mile from the motel property, across from the Williamsburg Pottery, a gated senior community with full amenities (golf courses, recreation center, pool) will break ground in April 2004. The Fortune 500 Company behind the building of this project is set to build 3,000 homes, with an estimated completion date of 2006. Scanning the area, it is obvious there are no European Bakeries, international shops, or stores and eateries which deliver (drug stores, groceries, take out, etc.). A strip mall with leasing options for different businesses, or even an extended stay hotel could be built on this land, and run for a profit. Investors I have shown the property to are wary of the $1,000,000 price tag on the motel. In the coming years this price will seem like a steal for commercial property in the area.
There are many other examples of properties whose potential have not yet been discovered. Remember, once you land that investment property of your dreams, make sure you have a marketing plan, which includes a decent web site, to launch your business. When speculating, trust your creativity and vision, and rely upon the expertise of a REALTOR who knows the area, and shares your vision.
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
Spectacular home w/lodge fireplace & barrel-vaulted ceiling in gathering room; Media room has movie seating, drop-down screen & wet bar; Luxurious master suite with14-foot ceiling, wonderfuul amenities. 4 BR,4.5BA; Master craftsmen detail throughout; Lovely hardwood floors; Gourmet kitchen w/granite, work islands. This elegant home lends itself to entertaining and comfortable living.
This home was built for the Parade of Homes. Amenities abound. Appraisal in Dec. 2008 valued home at $891,000. Owner or representative of owner must be present to show property.
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
Beautiful wooded 3.77 acre lot in sought after Wexford Hills subdivision. The perfect area to build your dream home. Perc test has been completed for a 5 Bedroom home, walkout Basement possible, standard gravity flow septic. Lot has 2 septic sites. Minutes to I 64, shopping, hospital, Kiskiack Golf Club, Colonial Wbg, York Rvr State park & Public Boat Ramp.
Directions: Rt 199 past Walmart turn into Newman. Left to Wexford Hills on Beechtree. R-Wrenfield, R-new Wilkinson.
Offered at: $186,000
6027 New Wilkinson Way, Williamsburg, Va. 23188
Presented By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
"Welcome" about the HUD 203k rehab program Do you want to Remodel the house you currently own? or Finance a Fixer UPPER with the 203k Progam?
We have compiled information here for the serious individual who wants to understand a government program that can make their dreams come true!
The HUD 203k program can take home ownership into the future by giving a person the funds to turn a piece of property that looks like it should be condemed into a piece of property that everyone in the neighborhood will envy. Here is how it all comes together.
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
The astronomical housing prices in many areas can make home buying a frustrating experience. Buyers on a budget may find they have a choice between houses that are too small for their needs or rundown dumps. Among the latter, however, are a great many housing nightmares that could be turned into dream homes with a bit of work. Even if you don't do any of the work yourself, you can often buy a fixer-upper and rehabilitate it for quite a bit less than you would spend on a comparable house in "perfect" condition. Paying for the house and the repairs, however, can be a bit tricky, as many lenders won't finance a house that needs a lot of work. Fortunately, the U.S. Federal Housing Administration (FHA)--a division of the Department of Housing and Urban Development (HUD)--has the Section 203(k) program, a mortgage insurance program specially tailored for this situation. While this article focuses on how to use the program to purchase a home, 203(k) loans can also be used to refinance your existing mortgage in order to rehabilitate a house you already own.
1. Determine how much house you can afford. Talk to a lender to see what loan amount you can be approved for based on your income and expenses. Most importantly, figure out yourself how much you can realistically afford. It's not uncommon to be approved for a loan that will stretch your budget to the point of foreclosure.
2. Find a house with potential. Look for a house you like in a neighborhood you like. The 203(k) program currently cannot be used by investors, so you'll need to live in the house (or be a qualified non-profit agency). Together with your real estate agent, perform a preliminary feasibility analysis, in which you identify the repairs necessary, estimate the cost of these repairs, and estimate the market value of the home after the repairs. You can save yourself some money by doing this before you order appraisals or estimates, since you may determine that the cost of repairs is too high.
3. Execute a contract for the sale of the home. In order to proceed with the 203(k) application process, you'll need a sales contract with a clause stating that the sale is contingent on your ability to obtain financing through the program.
4. Apply for the loan. Contact a HUD-approved lender to apply for the loan. You can obtain a list of approved lenders at the nearest HUD field office or on HUD's website.
5. Get an estimate of how much the work will cost. The amount of a 203(k) loan cannot be increased during construction, so it's essential to get an accurate estimate of how much the work will cost. For fastest results, get an estimate from a HUD-approved contractor or fee consultant. You can find approved consultants on HUD's website.
6. Get an appraisal. Actually, you'll generally need two appraisals: one for the current value of the home and another to estimate the value after the repairs. The loan amount may not exceed the lesser of either the value of the home in its existing condition plus the cost of repairs and 6 months' worth of mortgage payments; or 110% of the estimated value of the home after repairs. The amount of the loan is also subject to maximum FHA mortgage limits, which vary from place to place.
7. Find a contractor. The 203(k) program requires that the repairs be performed by a qualified contractor. Most people opt to hire a licensed contractor (typically the one from which they got the estimate), but if you're qualified to do the work you can save yourself some money by doing it yourself. Keep in mind, however that you can only be paid for materials if you're doing the work yourself. If this ends up costing less than the contractor's estimate, the excess money can be used for additional improvements or it will be applied to the principal of the loan. Also make sure that you'll be able to complete the repairs within the maximum allotted 6 months after the purchase. If you won't be able to complete the repairs yourself, hire a HUD-approved contractor.
8. Close on the home. If everything is approved, you can purchase the home with as little as 3% down. If you're unable to occupy the home immediately, you can use the extra six months of mortgage payments which may be included in your loan to pay the mortgage while you're also paying to live elsewhere.
9. Make sure to get the work done on time. You have six months after the purchase in which to complete the repairs. The repair fund is held in escrow and is disbursed in installments to the contractor (or to you, if you're doing the work yourself). A HUD-approved inspector must review the progress before each disbursement is made.
10. Get a final inspection. Once work is completed according to the initial plans, get the final inspection. If there is money left over, it must be applied toward the principal of the loan.
The 203(k) program is not for everybody. For example, if you're solely looking to invest in the home and then "flip" it, you won't qualify, and you also won't qualify if the cost of the house plus repairs exceeds HUD's maximum mortgage limit in your area. If this is the case, there are some other options, including Fannie Mae's Homestyle loan and home equity loans on your existing home. A few private lenders also offer programs for these "handyman specials," but they have their own, often stringent, qualifying standards.
· The minimum repair amount necessary is $5,000. Beyond this, a wide variety of repairs are eligible for the loan, including energy conservation and renewable energy upgrades and even moving an existing house onto the foundation of a home you intend to demolish.
DirectBuy offers members a simplified shopping process to find outstanding value on an incredible selection of home furnishings.
· Even with the best planning and estimates, major home remodeling or rehab almost always costs more than you expect. As a rule of thumb, add 10% to whatever your estimated cost is. 203(k) loans require at least a 10% contingency reserve for such unexpected expenses.
· The program allows borrowers who are qualified to do the work themselves to provide their own cost estimate for the repairs. The estimate must be the same as one you would get from a contractor, however, and the HUD process for doing the estimate yourself takes several months (as opposed to a couple weeks for an independent consultant), so you're better off having a fee consultant or contractor provide the estimate, even if you plan on doing the work yourself.
· Once work is completed the 203(k) mortgage is eligible to be refinanced as an FHA 203(b) loan, which may result in lower payments.
· The market value of a home depends largely on its location, so it's usually best to find a fixer-upper home in a desirable location, rather than one in an area with a depressed housing market.
· Don't bite off more than you can chew. Be sure that you can get the work done within the time limits set by the terms of the loan. If you don't, you may not receive the remaining repair proceeds and the loan could be payable immediately.
· Keep in mind that individual lenders are allowed to make certain stipulations that vary from the guidelines set forth here. For example, they may require that the work be performed in less than six months.
Call Elaine VonCannon for more information and for a lender who can do this type of financing for you. See the pictures below of the BEFORE and AFTER!
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
In a world where the news flashes daily images of war, terrorism and crime more Americans are dreaming of a safe, quiet place to call home. They imagine moving to a small town community where safety and simplicity are easy to find. Potential homebuyers between the ages of forty and sixty are the most likely to be fed up with the fast pace of city dwelling. They are in search of a renewed sense of community and family. Relocation or purchase of a second home in a rural area can also be the perfect idea for homebuyers looking for long-term retirement solutions.
I Was Born In A Small Town Small town living is especially attractive to buyers who were raised in a rural setting. Many want to recapture the security of their childhood and preserve it for their children. According to the National Association of REALTORS? 2003 Profile of Home Buyers and Sellers fifty-six percent of the homebuyers purchasing in a rural location bought because of the neighborhood, while thirty-eight percent purchased in order to live closer to family and friends. The possibility of owning more land is also appealing. The 2003 Profile also shows ten percent of repeat buyers purchased property in rural settings and most were hunting for more space.
In Virginia, rural counties like New Kent, Middlesex, Gloucester, King and Queen, Mathews and King William are all seeing this relocation trend. In my real estate business about eighty percent of my sales in these areas are buyers moving from metropolitan areas. These are places where you can sleep with the windows open and everyone in town knows you. Many locations are only forty-five minutes or an hour from the city, so buyers still have access to health care, higher paying jobs, shopping centers and other activities.
Telecommuting: The Wave Of The Future Technology is one of the driving forces behind the rural relocation trend. According to the Main Street Economist (a publication of the Kansas City Federal Reserve Bank�s Center For The Study of Rural America) one fifth of the US workforce in rural and small towns was self-employed in 2004. CNN.com writer Jakob Nielsen, a web usability expert, also believes technology will change the way Americans live and work over the next fifteen years. On July 4, 2005 Nielsen wrote an article predicting real estate sales in cities like Manhattan, London and Tokyo will decrease by twenty percent by 2020. Technological advances in the Internet, e-mail and collaboration software makes telecommuting more feasible and companies will begin to hire the best people regardless of location. Other advances in home theaters, entertainment systems, e-commerce, express shipping, and healthcare remote sensing will facilitate rural living without isolation from the mainstream culture.
The Aftermath of September 11th The National Association of REALTORS? 2003 Profile of Home Buyers and Sellers reports that twenty percent of homebuyers in the Northeast purchased in a rural area and thirty one percent in small towns. This is higher than the Midwestern, Southern or Western regions of the country. Many people attribute a portion of this trend to the September 11th attacks. It is a sad reality that we have been forced to trade community security for homeland security.
The Rural Relocation Checklist Purchasing a home in a rural area can be a big adjustment for those unaccustomed to it. Remember to make a list of all the things that are important to you and your family. Map out the location of hospitals, grocery stores, banks, schools and other activities of interest. Be realistic about the time investment and remember-peace and quiet can turn to boredom if you allow it. Also, many rural areas do not have city road maintenance or water and sewer pipes. Be sure you are ready to be responsible for those aspects of your country home. If you live in the city this may be new territory. Once you are certain relocation is the right choice you will be on your way down your own country road!
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
Grundy, Virginia, AFFORDABLE HOTEL WITH A 9 CAP RATE, FOR YOU TO OWN! Owner Financing! Located in Grundy,Virginia this 38 room motel. Offered $485,000 at which is the current appraised value (done Feb. 2009). Situated on approximately 1.33 acres, 13,980 square, Situated near Law School and Pharmacy School. This property generates gross 125,250 annually. Net Gross is 43,288 annually. This property has a history of a great cash flow! A GREAT INVESTMENT AND A GOOD CANDIATE FOR A 1031 TAX EXCHANGE OR CONDO CONVERSON AS THERE IS LITTLE OFF CAMPUS HOUSING. THIS IS A REAL MONEY MAKER!
Location is: 19587 Riverside Drive Grundy Va...............24914
Offered at: $350,000
Current room rentals are: 19 Double rooms at $53.39 a day. ......10 Singles at $42.69..............2 Deluxe Singles at $47.08.........6 Kings at $53.39 a day.......1 Suite at $60.00 a day.
MLS #:
Anchor Inn in Grundy Virginia, Owner Financing Possible, Wonderful Investment!
Price:
$350,000.00
Type:
Commercial Properties
Area/County:
South West Virginia
Address:
19587 Riverside Drive
City:
Grundy
State/Zip:
VA/24914
Bedrooms:
Motel.......38 rooms
Bathrooms:
40.....plus 2 public restrooms
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
Grundy, Virginia, AN AFFORABLE INVESTMENT WITH A CAP RATE, THAT COULD BE MADE A 8 PLUS! Located in Grundy, Virginia this 25 unit shopping center. Offered at $2,450,000, Situated on approximately 12 acres, 93,890 square feet, Price per square foot is $3.50 (This is far below the national average of roughly $16.00 per square foot), this would mean more of a profit margin with rent increases over the next few years. No vacancies since the shopping center opened in 1978, Situated near Law School and Pharmacy School. This property generates 300,000 annually. Net Gross is 265,000 annually. Large open areas for potential out parcels, that could be sold or used for ground leases. This property has a history of a great cash flow! List price $3,000,000.00 makes this A GREAT INVESTMENT AND A GOOD CANDIATE FOR A 1031 TAX EXCHANGE. Priced less than current tax assessment, do not miss this opportunity! Out parcels could be sold or offered on a ground lease. Rents have not been adjusted since shopping was built! THIS IS A REAL MONEY MAKER! Owner will consider owner financing with strong down payment and credit!
Owner Fiancing Possible, Shoppping Center IN GRUNDY, VIRGINIA, 100% RENTED, ROOM FOR GROWTH!
$2,450,000.00, under last apprasial
Commercial Properties
South West Virginia
Route 460
Grundy
VA/24656
n/a
n/a
This area needs a restaurant, coffee shop, pizza place, grocery store, night club, fitness center. These type of business would do well on the out parcels. CONFIDENTIALLY AGREEMENT MUST BE SIGNED BEFORE ANY INFO IS RELEASED.
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
Excellent investment opportunity in Mathews with existing long term tenant in place. Current tenant has 5 years left on current lease with a renewal option. Historical cap rate of 9+. Current use is retail grocery with ample off street parking. Call Elaine VonCannon or John Starke for more information. Do not contact existing tenant or his employees. Land and building is the only part of this sale. Owner financing available. Income is about 8,500 a month (which includes an override that changes).
Directions: On Main Street into Mathews
OWNER FINANCING, Excellent investment opportunity in Mathews with existing long term tenant in place. 30020597
$950,000.00
Commercial Properties
MATHEWS
15478 Buckley Hall Road
MATHEWS TOWNSHIP
VA/23019
n/a
2 bathrooms
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
This is the home you have been looking for.
Open floor plan allows the home to be filled w/light!2003 Parade of Homes.Great room w/lots of detail trim,fireplace,surround sound and entertainment center.French doors lead out to a large trex deck.Fromal dining room with tray ceiling,formal living room.Hardwood floors on 1st level.Upgraded kitchen w/ sile stone countertops.Instant hot water,1st floor.
Chili Pepper instant hot water for the 1st floor. Sq Ft. wrong on county tax records, is currently being corrected. All shades, blinds, shutters & risers convey. Swimming pool is optional.
This lovely home is close to Colonial Williamsburg, New Town, High Street, Rt. 199, Interstate 64, Jamestown, shopping, Bush Gardens, Water Country and Golf Courses.
Directions: 199 to Monticello to News (by Target). R-Old News. L-Powhatan Parkway.
3928 Powhatan Parkway, Williamsburg, Va. 23188
Offered at: $469,000
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.comwww.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
My blogs reflect my observations on life, real estate and my own state of the union (Elaine's world). I write my entries as a way to express myself and all the positive and negative aspects of real estate. I also use it to promote my listings and maybe even your enjoyment in reading it.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.