Foreclosures in Hampton Roads - 07/30/10 01:19 AM
Available foreclosed properties were up 4% in Southside Hampton Roads for the week ended July 25th with 946 REO listings and 9168 non-REO listings available.  Chesapeake and Portsmouth each posted 9% gains over the prior week, Norfolk a 6% gain, and Virginia Beach remained constant with 300 REO's.  Suffolk actually lost 2% from the prior week.

If you are considering purchasing an REO property, you need an agent who knows the market and can assist you in locating the best possible opportunity for your unique situation.  Call Drick today.
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Rental Near Navy Base - 07/26/10 11:29 PM
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Dog Blood Donors Needed Too - 07/18/10 01:15 PM
Humans often hear of Red Cross needing blood, but you may not realize that the animal world needs blood donors too.  I recently discovered a place who is always looking for dog blood donors.  Open 24 hours a day, 7 days a week, 365 days a year, the Tidewater Animal Emergency & Referral Center is an excellent resource in the event of a pet emergency. 
Their requirement for dog blood donors is that he/she be 1-8 years of age and be at least 60 pounds in weight.  If you have a healthy dog, consider this -- the life you save could … (2 comments)

Foreclosures in Hampton Roads - 07/18/10 10:27 AM
Overall, Southside cities in Hampton Roads saw a 3% increase in available REO listings this week which was created by across the board gains with the exception of Chesapeake, which lost 5%.  Virginia Beach had the greatest increase at 6% brininging the city total to 301 REO properties on the market.  With 9186 non REO properties on the market in Southside Hampton Roads, and only 910 REO's, the REO market continues to represent less than 10% of available inventory.

If you are considering purchasing a foreclosed property or need information on how you can prevent your home from becoming a foreclosure, … (0 comments)

Rental on Chesapeake Golf Course - 07/16/10 01:29 PM
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Schools Info Can Be Misleading - 07/11/10 10:55 AM
I've noticed that on several of the syndicated websites for promoting sale or rental listings, there is a "feature" that tells prospective buyers or tenants of the "nearby schools".  In the 7 cities of Hampton Roads, this information can be misleading and I suspect the same is true in other parts of the country. 
When it comes to public schools, the city decides who will go to which school based on property address, and it might not be the closest one as the crow flies.  Most of the proximity searches calculate closest as the length of a straight line between the … (0 comments)

Foreclosures in Hampton Roads - 07/11/10 10:00 AM
This week, Virginia Beach, Suffolk, and Chesapeake each had a 5% increase over last week's REO inventory. Norfolk and Portsmouth each had a 1% decrease resulting in an overall increase for Southside Hampton Roads of 3%.  REO properties remained fairly constant at around 10% of the overall available inventory.

If you are considering purchasing a bank owned property, talk to the agent who is familiar with them.  I've been inside many of the available properties and can help you find exactly what you're looking for.  Buying a foreclosed property is not the same as buying from a private seller.  You … (0 comments)

Not a Short Sale - Brunswick Road in Portsmouth - 07/07/10 10:24 PM
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Foreclosures in Hampton Roads - 07/05/10 11:55 AM
For the first time this year, REO properties represent 10% of the overall market of properties for sale in Southside Hampton Roads.  Portsmouth posted an 11% increase over the prior week, Suffolk 8%.  Other cities posted modest gains of 3-5% with the exception of Norfolk which was the only city to decrease 1%.

If you are considering purchasing a foreclosed property for your primary residence, rental property investment, or to fix and flip, call me to learn more of how my knowledge and experience can help you make the best possible real estate decision for your circumstances.
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