real estate: Taking Advantage of the FHA 203K Loan - 12/16/09 01:30 PM
A Loan Officer that I work with at Bank of America was discussing with me the benefits of 203K FHA Loan and I just wanted to pass this along to everyone. The FHA 203K Loan Program has increased in its importance with so much of the present listing inventory consisting of bank REO. The 203(k) loan permits buyers to purchase and finance homes in their "as-is" condition, NO MATTER HOW POOR! Both the 203(k) loan and 203(k) streamline loan are now being offered by Bank of America. The 203(k) loan is a renovation loan that permits buyers to finance homes that would
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real estate: Condo with a View on Smith Mountain Lake - 05/03/08 11:08 AM
Beautiful Bernards Landing on Smith Mountain Lake. Bernards Landing is a lovely waterfront resort with on-site Restaurant called "The Landing". There is a community marina area for those that want a covered boatdock or to rent a boat. http://www.bernardslanding.com/ Great Investment potential, People love to rentin this resort. This lovely Condo is on the market for $249,500 and offers gorgeous views of Smith Mountain and the lake. Two Large Community Pools, Tennis courts, clubhouse and conference center Community Marina
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real estate: NEW VIRGINIA WINE LOVER MAGAZINE IS ON THE RACK - 05/02/08 10:16 PM
We have a New Wine Magazine in Virginia called The Virginia Wine Lovers Magazine and it is going to be GREAT! A Mini version of Wine Spectator for Virginia. I am looking forward to the opportunities to advertise in this magazine. I have found that Wine and Food Lovers are great buyers for our area. Very spontaneous and full of life and love lake getaways. Look for this new magazine and enjoy: http://webmail.aol.com/36240/aol/en-us/Lite/MsgRead.aspx?folder=Inbox&uid=1.22550815&seq=84&searchIn=none&searchQuery=&start=0 http://www.vawinelover.com/
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real estate: What is Your Areas, Slogan, Logo or Special Feature...From the Star City of the South - 04/26/08 11:17 PM
Although the real estate market that I specialize in is; Smith Mountain Lake and the Lake is what we are known for, but my heart is also held by our adjacent City, Roanoke, Virginia. Roanoke was originally called "Big Lick", but was later named Roanoke. What this area is truly known as is "The Star City of the South" Back many years ago, I think 1949, on top of Mill Mountain, This Giant Lighted Star was turned on. Anyone traveling through the beautiful Roanoke Valley along I-581 heading toward US 220, will see this Lighted Monument. It now carrys the Red, White and
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real estate: 738 Fox Chase Road, Wirtz VA 24184 Smith Mountain Lake - 04/26/08 09:17 PM
Beautiful Custom Built Lake Home on a Point Lot with 265' of shoreline, Covered Dock,Gorgeous Mountain and Lake Views. Just listed for $995,000 on Smith Mountain Lake
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real estate: 402 Anchor Drive, (Smith Mountain Lake) Moneta VA 24121 - 04/25/08 10:45 PM
402 Anchor Drive is an adorable Lakefront Cottage located in The Waterfront Golf and Country Club community on Smith Mountain Lake. Priced at $595,000 and comes with a Covered Boatdock with Lift and Jet Ski Lift Beautifully remodeled with two master suites, Large Great Room with open kitchen and Great room with fireplace. Hardwood Floors, Large Sundeck on Lake side. Lower level with Large family room with gas log fireplace, 2nd Master Suite, plus additional guest suite with full bath. Full Length patio. Sidewalk to the Covered Boatdock with Electric lift and jet ski lift. Beautiful 18 Hole golf course with Private
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real estate: 332 Larboard Drive, Moneta VA 24121 Smith Mountain Lake - 04/24/08 10:47 PM
This Beautiful Home was just listed for $895,000 and is a SHORT SALE listing. Beautifully designed, see more photos below of the interior. Located in an 18 Hole Golf Course and Country Club Waterfront Community called THE WATERFRONT.
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real estate: 300 Island Pointe Lane, Moneta VA 24121 Smith Mountain Lake - 04/23/08 09:03 PM
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real estate: Light on or Lights Off...Which photos work best? - 04/23/08 08:54 PM
I have several properties where we have tried using Evening Photos. I am still undecided whether photos taken in the evening enhance the property or not? Below are some examples of the types of photos. What are your opinions? Day Dock or Dock at Dusk? Day Home or Evening Shot?
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real estate: Where did that DOG go.... - 04/21/08 10:22 PM
After being in Real Estate over 20 years, I have some animal stories but I am sure I am not the only one. I especially remember the time that I showed a home and a Terrier, dashed out the door as I began to open the front door. Well this can be a rather unpredictable occurence that can truly slow down your showing schedule. You cannot call the Dog back, because you DO NOT KNOW ITS NAME? So you yell come DOG, Come hear DOG. Of course, this Dog does not know who you are yelling for or WHO YOU ARE, so
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real estate: Best Camera and Lens for Real Estate Agents - 04/21/08 09:57 PM
Last year I decided to buy a new digital camera, so the Nikon D40 was the chosen one. My reasoning was it came with two separate lens 200 and a wide angle 55 and was easy to use. So far this has been a great camera with one exception, when my husband dropped it and broke the Wide Angle lens and the Flash. So my invest- went a little further, I now have a new detachable flash and I also invested in One Lens that goes from 55 to 200. Makes life simpilier, not having to change lens from when I
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real estate: Is it a Sunrise or the Moonlight over the Lake - 04/19/08 09:46 PM
This photo was taken at Mariners Landing at Smith Mountain Lake. Sometimes it is hard to to tell. Its it the Sun in the sky or the moon. Either one can be just as beautiful across the sparkling water.
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real estate: Its it Spring where you live yet! - 04/16/08 08:31 PM
In Southwest Virginia We are enjoying beautiful Spring weather and beautiful blooming trees. The Red Buds are gorgeous along with the Dogwoods. The Skys are a beautiful blue and the trees are turning green with baby leaves. It would be interesting to know how the rest of the world is doing. I noticed in a prior Post it was still snowing in Colorado!
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real estate: Agents who tour your properties and leave "PAPER BILLBOARDS" - 04/15/08 11:46 PM
Sometimes another agent will tour one of my listings and will have a large post card that begins with Thanking the Seller for allowing them to show or preview their home. I consider this advertising to the Seller. Then they have two or three check blocks that are for either Previewing, Showing or 2nd Showing of Property. If it is a showing, they leave comments for the Seller. I think the agent should let the listing agent know this info and we will share this with the Seller. Maybe I am looking at this wrong ,but it feels a little like
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real estate: Best Wineries and Experiences in California - 04/15/08 11:34 PM
My Husband and I have been to many wine areas, except the most well known "California" Sonoma/Napa Valley and more. We are starting to plan a trip there in the next year and really wanted some advice from fellow agents who have been there or are REALTORS in that area. Thanks ahead for your advice.
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real estate: Googles New "Geo" Search Sponsors - 04/15/08 11:30 PM
I have been talking to one of my ad companies and they told me that google has now started selling to sponsors for search words in Geographic areas such as, you can buy Beachfront for the New York GEO area or Beachfront for Atlantas GEO area and you will pop up in a google search for that word in that area. Any comments on this and has anyone else used this. Supposedly it saves you money by concentrating on that particular territory.
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real estate: Auctions Do they help or hurt - 04/14/08 02:10 PM
Our area is beginning to see more and more Auctions. It is a great thing for the Auctioneers/Agents, they receive top commissions and get paid for their advertising whether it sells or not. This past weekend we had a huge development use Auctions to sell property, not because they needed too, but because they wanted to jump start the market. They sold 24 Condos and homes. The weekend before a family sold their mothers waterfront estate, which they divided into big lakefront tracts. They sold all of them to the total of 3.2 million. Do Auctions hurt the regular selling agent?
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real estate: Virtual Tours - 04/13/08 10:34 PM
Technology has certainly improved since I started over 20 years ago. We use to take a photo, get the film developed, mail the photo to our MLS and they placed it in the MLS Book each week. Wow..have things changed. Now the choices we have for a Virtual Tour are amazing. In our area we have the luck of Virtual Tour Company called Graphic Dimensions. They actuall do a floor plan of each home and post it with the photos. The Buyers love it (here is an example) Compass Cove at Smith Mountain Lake. Then you have the new Video Tours
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real estate: Its a Squirrelly Kind of Thing - 04/13/08 08:18 PM
I guess the longer you are in the Real Estate Business the more stories you have. I think one of the weird stories that I have is the Squirrel Who Broke in my Listing but did not Escape. Apparently this Little furry animal decided to scurry down the Brick Fireplace of one of my Lake Cottage homes. This home was closed up for the season, so the poor little squirrel found nothing to eat or drink. Of course, the fireplace door that the squirrel used to enter was a one way entry. So, the squirrel decided that he would eat the window
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real estate: Price Versus Property Appeal - 04/13/08 07:43 PM
With bulging inventory and more buyers sitting on the fence, I find myself not only asking Sellers to get the Price right with the market but to also make the "Desiribility Levels" higher. Staging certainly has worked in a market where homes stay on the market for longer periods. Sometimes it is hard to decide how far do you go to improve a home. Does changing the counters to Granite or the carpets to Hardwood help. I think it depends on the price point, but even if the property has a lower price range the "Desiribility Level" needs to be up.
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