fredericksburg virginia: Homes For Sale In The Fredericksburg & Northern Virginia Area Priced Under $200,000 - 02/27/08 06:02 PM
Think there are no deals out there? Think again! The Wallace & McGrath Team has a number of homes priced under $200,000 in the Fredericksburg Virginia and surrounding areas.
Please visit our website - www.fredva.com for more property information. New properties coming on the market every day.
102 Hill Street … (0 comments)
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fredericksburg virginia: Home For Sale - Foreclosure - $564,900 - 4 Avocet Way Fredericksburg VA 22406 - www.fredva.com - 02/09/08 05:40 PM
Kevin McGrath
Selling Homes In The Fredericksburg Virginia Area
… (0 comments)
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fredericksburg virginia: Home For Sale - $199,900 - Fredericksburg VA - 3350 Winding Rd Partlow VA 22534 - Foreclosure - www.fredva.com - 02/02/08 06:13 PM
Kevin McGrath
Selling Homes In The Fredericksburg Virginia Area
… (0 comments)
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fredericksburg virginia: Foreclosures For Sale In Fredericksburg VA & Surrounding Areas - 01/12/08 07:44 PM
The Wallace & McGrath Team has a wide variety of homes for sale, including many foreclosures that offer the opportunity for substantial savings. We have homes for sale in Fredericksburg, Stafford, Spotsylvania, Orange, Caroline, Prince William, and Fairfax Counties.
Please feel free to visit our website @ www.fredva.com for more details.
Kevin McGrath
The … (2 comments)
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fredericksburg virginia: Home For Sale - $450,000 - Fredericksburg Virginia Real Estate - www.fredva.com - 01/05/08 06:36 PM
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fredericksburg virginia: Active Rain Civility - Lets Change The World ! - 12/27/07 08:07 AM
One thing I love about Active Rain is the level of civility. As a general rule, everyone is extremely polite and supportive. You can ask any question, no matter how trivial, and get loads of answers, and no one will ever tell you it was a stupid question. No one will … (8 comments)
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fredericksburg virginia: Fredericksburg VA Regional Sales Data - November 2007 - 12/26/07 03:27 PM
While there is no crystal ball out there, this information can hopefully give you a snapshot of the market in the Fredericksburg Region over the last 4 years.
Kevin McGrath
The Wallace & McGrath Team
Coldwell Banker Elite
"Selling Homes In The Fredericksburg Virginia Area"
www.fredva.com
www.seehomesinva.com
The above chart is for informational purposes only. Information is assumed … (0 comments)
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fredericksburg virginia: For Sale In Mineral Virginia - 12/10/07 06:49 PM
This bank owned home is move in ready. With a quick trip to the paint store, you will be all set to personalize this great rambler, and before you will know it it will be home. Only two years old, it features 3 bedrooms, wood floors, and a full basement ready … (0 comments)
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fredericksburg virginia: REO & Vacant Listings And The Power Company - 12/10/07 01:55 PM
Power on. Power off. A transaction that could and should be smooth, but I found out today that that it not always case.
Case in point. I have a REO listing, and the power was on. Potential purchaser presented a contract, it was ratified, and all was well. Or so I thought. … (8 comments)
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fredericksburg virginia: The Affordable House! Caroline County Virginia - 12/08/07 05:50 PM
Think you can't afford to buy? Well, hold on. Here it is. Only $149,900 ! Yes - it needs a little elbow grease and TLC. Yes, it is a foreclosure. But you can afford to buy. Located in Caroline County Virginia, only minutes from Rt 95, this home is convenient to … (1 comments)
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fredericksburg virginia: Beautiful Home - Overlooking The Lake - In The City Of Fredericksburg Virginia - 12/08/07 05:03 PM
If you are considering relocating to the Fredericksburg, Virginia area, this is one to see. Sit and relax on your spacious screen porch as you overlook the lake on those great summer evenings. And the next morning, it is only a few moments to downtown Fredericksburg to hit your favorite … (2 comments)
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fredericksburg virginia: Almost 3 Acres - Yet Minutes To Downtown Fredericksburg VA - 12/08/07 04:44 PM
All too often, homes that are a bit older are often overlooked. This is the exception. If you have ever heard the term "pride of ownership", you will truly feel that when viewing this property. Situated on 3 wooded acres in Fredericksburg, north of exit 126 (Massaponax) it is only … (1 comments)
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fredericksburg virginia: Six Bedrooms, Swimming Pool, & And In-Law Suite - 12/08/07 04:36 PM
This is truly a unique property. Six bedrooms. An in-ground swimming pool. An in-law suite with it's own kitchen. Sitting on almost 2 acres, the view from every window gives you the feeling that you are miles from it all, as all you see are trees, yet you are only … (2 comments)
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fredericksburg virginia: Mortgage Bail-Out - I Still Don't Get It - Someone Please Educate Me! - 12/07/07 06:09 PM
I just finished reading a story in today's Washington Post about the mortgage bail-out program, and I still don't get it. I mean, don't get me wrong, I think helping people is good, but I just don't get this program, and I wish someone would explain it to me.
So - to … (3 comments)
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fredericksburg virginia: Why Don't More People Vote? One Vote Can Make A Difference! - 12/03/07 05:13 PM
The Presidential election - coming at us like a freight train. Lots of rhetoric, lots of issues. This year, it seems like there are some pretty high profile issues. Are they more high profile than in recent years? I don't know; time has a way of shading our memories.
But every year, … (7 comments)
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fredericksburg virginia: Do Clients Expect Convenience - And Do We Give It to Them? - 12/01/07 09:49 AM
Today I decided to switch banks. Now, for those of you who have ever undertaken this task, you know that this is not a decision reached lightly. It is a royal pain, for a number of logistical reasons, and in the end, you end up running two accounts for a while.
Why … (12 comments)
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fredericksburg virginia: Bank Sales & the Closing Date - Be Careful What you Wish For - You Might Get It - 11/30/07 06:50 AM
I think Bank Sale Homes are a great opportunity. Often, when I get an offer on one of my bank owned listings, it will have a very "aggressive" closing date.
If you are on the buyer's side, there are a couple of questions you might want to think about when writing the offer.
"Does … (13 comments)
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fredericksburg virginia: Interest Rates - Only Part Of The Story............ - 11/29/07 08:02 AM
Interest rates. They are coming down. They are going to go up. Everyone has a different story, and you can't swing a cat without hearing a news story about what someone thinks the Fed's next move will be.
I took this chart from bankrate.com. It shows interest rates from August of 1996 … (4 comments)
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fredericksburg virginia: Short Sales - Fact - Fiction - Myth? Have You Closed On One? - 11/28/07 09:03 AM
I had what I thought was a really great reponse from Lola Audu of Grand Rapids Michigan to a recent blog that I wrote regarding Short Sales, and it made me really think about the reality of the Short Sale process. You can check out her answer, but she talked about the "drama" … (8 comments)
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fredericksburg virginia: Lion or Gazelle, You Had Better Wake Up Running! - 11/27/07 05:20 PM
Every morning in Africa, a Gazelle wakes up. On that day, he knows that he must run faster than the Lion, or he will be eaten.
Every morning in Africa, a Lion wakes up. On that day, he knows that he must run faster than the Gazelle, or he will go hungry.
When … (4 comments)
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fredericksburg virginia: A Tale Of Two Agents - And Are You Doing All You Can For Your Client? - 11/27/07 08:37 AM
There are many agents in my office. This is a story of two of them.
Agent #1 - I see them in the office on a fairly regular basis, not all the time, but enough to have a relationship. They come by, they talk to a number of agents, and agents … (8 comments)
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fredericksburg virginia: Short Sales - They Seem To Take Forever. Why? Somebody Please Tell Me! - 11/26/07 04:25 PM
Short Sales. They are certainly out there, and they bring with them another level of frustration. I find that no matter how clearly I explain to a client that the waiting process can, and probably will, be long and frustrating, and no matter how frequently I provide regular updates, they still call … (14 comments)
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fredericksburg virginia: Is Life Really 90% Just Showing Up? - 11/26/07 02:47 PM
I think it was Woody Allen who said "Life is 90% just showing up." I was thinking about this statement the other day, about what it really means. Does it mean that if you physically "show up" you will be succesfull in life? I don't think so. In this case, I … (9 comments)
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fredericksburg virginia: Oceans 13 - And How It Relates To Real Estate - 11/25/07 09:13 AM
Last night I watched Oceans 13. Man - those guys are cool. And I am sure there was a plot in there somwhere, although I never really figured it out. When you watch that group perform, it is not really about the movie, or the plot, it is about those guys … (10 comments)
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fredericksburg virginia: Continuing Education - Online Vs In Person - 11/24/07 05:34 PM
One of the great things about the internet is that we can now complete many tasks, including some of our continuing education, from the comfort of our own home. One of the worst things about the internet is that we can complete many tasks, including continuing education, from the comfort of … (9 comments)
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fredericksburg virginia: Dear Mrs. Realtor - Thanks For Sending Me Your Client Today - I'll Take All the Business I Can Get - 11/24/07 04:01 PM
Dear Mrs. Realtor,
Thanks for sending me your client today. They called about 2:00 PM. They needed to get their house back on the market. Apparently you let it expire. Again, thanks. They said they tried to call you, but got your voice mail. The message apparently said "Please leave a message-If … (8 comments)
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fredericksburg virginia: How Old Where You When You Learned To Close? You Might Be Suprised. - 11/24/07 12:37 PM
I always hear salespeople say that they have trouble closing, and they always seem suprised when I explain that they have been closing sales for most of their lives. Hogwash, you might say.
But think about it. When you were 10, and you wanted to stay up and watch that particular show … (3 comments)
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fredericksburg virginia: Business Is Booming Here - Ask Me How I Know...... - 11/24/07 10:37 AM
I wrote a contract this morning. Yes - that in itself is cause for excitement and celebration.
But there is more to it than just that.
1. The home had only been on the market 4 days.
2. The buyer showed up with his checkbook in hand (that does not always happen).
3. The … (11 comments)
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fredericksburg virginia: Contract Ratification - When Has It Happened? - 11/23/07 01:26 PM
When is a contract considered ratified? I was having a conversation with one of my fellow agents, and we were discussing Ratification.
Let's say I send a counter-offer to a Buyers Agent. He has the client agree to terms and sign off. But he does not call me, and he does not … (5 comments)
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fredericksburg virginia: Lender Told Me A Bizzarre Story About Credit Reports - 11/23/07 10:52 AM
I was speaking with a lender this week, and they spun me a yarn about a legal way to remove negatives from a persons credit report.
The basic premis was that if you write to the various credit reporting agencies and request a "Certified Transcript" of the debt, that as it costs … (3 comments)
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fredericksburg virginia: You Never Know Where A Buyer Will Come From - 11/23/07 07:18 AM
Where Do Buyers Come From?
I am reminded of a brief former life that I had selling cars. For those of you who have sold cars, you will know what I speak of when I talk about the long hours, and the sheer boredom.
Sitting around the showroom one dark and stormy … (6 comments)
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fredericksburg virginia: REOTRANS - What is the deal with this? - 11/21/07 02:24 PM
REOTRANS. I signed up. Seemed like a pretty good deal, and fairly cost effective. For those of you unfamiliar with it, you sign up, and supposedly you get the opportunity to get BPO work.
So - I am testing the structeral integrity of my couch the other night about 10:00 PM - … (14 comments)
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fredericksburg virginia: The World Of Foreclosures - And The Bizzare Things You See - 11/21/07 06:52 AM
Does the antenna boost the satellite signal, or does the satellite boost the antenna signal? Or - is this how you get HDTV in the country? This is just one of the many bizzarre things I see on a daily basis when I secure homes under foreclosure.
Kevin McGrath
The Wallace & McGrath Team
Coldwell Banker Elite
"Selling … (5 comments)
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fredericksburg virginia: The Age Of The Home - How Important Is It? - 11/20/07 03:11 PM
We have a listing. A GREAT LISTING. 4 BR. Almost 2 acres, yet close to shopping, schools, minutes from the highway for commuters (we are just outside of DC). It is truly unique in that it is such a large wooded lot so close to town, and we have marketed it … (7 comments)
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fredericksburg virginia: Ratification - Slow and Sure does NOT WIN THIS RACE ! - 11/19/07 01:05 PM
I list the property. Do all the marketing. It gets shown. A lot. I get a contract. I immediately present it to my client. They immediately make a counter-offer - a fair one. I immediately deliver it to the buyers agent.
During the period between when I get the counter-offer from my … (4 comments)
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fredericksburg virginia: Winterization - VS - DeWinterization - 11/18/07 02:13 PM
I'm interested in the winterization process. I know we get houses wintererized, but what is the de-winterization process? Is it necessary, or is it merely a matter of turning on the water and checking for leaks?
If anyone out there is familiar with this process, some info would be greatly appreciated.
Thanks
Kevin McGrath
The … (11 comments)
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fredericksburg virginia: What Is Market Change - Who Causes It - How Will We Recognize It? - 11/17/07 07:42 AM
"Here There Be Tygers" Ray Bradbury wrote it as a short story in 1951. The basic premise is the "Butterfly Theory". In this theory, extremely small incidents can have an enormous impact on the future.
What is the Butterfly Theory? "Due to nonlinearities in weather processes, a butterfly flapping its wings in China can, in … (2 comments)
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fredericksburg virginia: Foreclosures - And How They Affect Appraisals ?? - 11/15/07 05:21 PM
With so many foreclosures out there now, selling for so much less than some comps out there, my question is this.
Do appraisers look any differently at foreclosures when doing appraisals? For instance, in my neighborhood of 400-550k homes, there is a new foreclosure listing for $299k. It is in really nice … (11 comments)
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fredericksburg virginia: BPO's - How Are They Graded By Banks? - 11/15/07 06:52 AM
In a sales meeting today I heard a comment that I am still trying to get my mind around. I heard that banks will grade agents on BPO's. Basically - if you do a BPO and get the listing, you are graded on the percentage that it sells for in reference … (3 comments)
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fredericksburg virginia: Foreclosures - And How They Affect Appraisals ?? - 11/15/07 06:02 AM
With so many foreclosures out there now, selling for so much less than some comps out there, my question is this.
Do appraisers look any differently at foreclosures when doing appraisals? For instance, in my neighborhood of 400-550k homes, there is a new foreclosure listing for $299k. It is in really nice … (12 comments)
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fredericksburg virginia: BPO's - How Are They Graded By Banks? - 11/14/07 06:53 PM
In a sales meeting today I heard a comment that I am still trying to get my mind around. I heard that banks will grade agents on BPO's. Basically - if you do a BPO and get the listing, you are graded on the percentage that it sells for in reference … (14 comments)
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fredericksburg virginia: New Agent Motivation - How To Do It In Todays Market ? - 11/14/07 06:05 PM
So you are a brand new real estate agent. You got your license, you got your cape, you signed up with the broker of your choice, and you hit the street.
But now what? How do you keep youself motivated in todays market? As you plod along, day after day, trying this, … (7 comments)
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fredericksburg virginia: My RELO Horror Story - 11/14/07 03:35 PM
RELO - A chance to make money - or a chance to spend money.
Recently we got a client through a personal referral. During the listing presentation, the seller presented us with a RELO addendum from one of the big RELO companies. I won't name names for obvious reasons, but you know … (3 comments)
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fredericksburg virginia: Luck - Or what We Make Of It In Real Estate - 11/14/07 02:58 PM
I recently was fourtunate to get a fairly big block of REO business that is working out rather well so far. A very nice suppliment to our regualr business. One afternoon I was having a conversation with my broker about business in general, and when I described my good fortune, I … (7 comments)
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fredericksburg virginia: My RELO Horror Story - 11/14/07 07:53 AM
RELO - A chance to make money - or a chance to spend money.
Recently we got a client through a personal referral. During the listing presentation, the seller presented us with a RELO addendum from one of the big RELO companies. I won't name names for obvious reasons, but you know … (9 comments)
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fredericksburg virginia: Luck - Or what We Make Of It In Real Estate - 11/14/07 06:45 AM
I recently was fourtunate to get a fairly big block of REO business that is working out rather well so far. A very nice suppliment to our regualr business. One afternoon I was having a conversation with my broker about business in general, and when I described my good fortune, I … (7 comments)
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fredericksburg virginia: My Real Estate Time Machine & Competing Contracts - 11/14/07 06:11 AM
Yes - It felt like I traveled back in time - back to those crazy days of 2004 & 2005. I listed a property on Friday night - it was shown 8-10 times over the weekend - and by Tuesday afternoon I had competing contracts.
I also noticed a definite uptick in … (2 comments)
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fredericksburg virginia: Contracts - Why Can't They Be Completely Filled Out When We Get Them? - 11/13/07 05:18 PM
Another day - another contract. It's a great day. Another day, another incomplete contract. Why is that? Why can't we get a contract that is complete, with all the proper addendums, and with all of the information filled in. And legibly. By the time this thing has been faxed back and … (4 comments)
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fredericksburg virginia: The Quickest Way To Lose Your License - 11/13/07 09:55 AM
When an offer is written, how often should we, as the buyers agent, present it to the sellers agent? I'm sure that there are all kinds of legal terms and state laws on the subject. Bottom line - right away, before the ink is dry, works for me.
Imagine my suprise when I … (8 comments)
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fredericksburg virginia: Realtor Business Cards With Outdated Pictures - WHY? - 11/12/07 02:01 PM
Often I will meet an agent, and after a casual conversation, we will exchange cards. How many times have I had to look at the card, look at the agent, then look at the card again? The internet is a great tool; we can have all kinds of pictures out there. … (10 comments)
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fredericksburg virginia: The "I'm Sending Over An Offer" Call - 11/11/07 06:01 PM
The "I'm Sending Over An Offer" Call
I get them all the time now. "I am going to write on your listing and send it over". OK - great I say. Please feel free to call me at any time, with any questions. Here is my fax and my email, and … (80 comments)
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fredericksburg virginia: REDFIN ? A New Kind Of Broker? - 11/11/07 05:13 PM
I saw a story a while back in, I think 60 Minutes ?, and I had someone tell me the other day that they were coming into our market (Northern Virginia). No big deal; to me it is no difference than if any other broker opened up in town. I think … (6 comments)
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fredericksburg virginia: The "I'm Sending Over An Offer" Call - 11/11/07 01:43 PM
I get them all the time now. "I am going to write on your listing and send it over". OK - great I say. Please feel free to call me at any time, with any questions. Here is my fax and my email, and again, I am always available for any … (7 comments)
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fredericksburg virginia: Realtors - Do Some Of Us Expect Something For Nothing? - 11/10/07 06:47 PM
Realtors - Do Some Of Us Expect Something For Nothing?
I have a dog. Sometimes I think I have trained him; sometimes I think it is the other way around.
As you can see, he lives a very hard life. Anyway, as I was working around the house today, and as … (6 comments)
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fredericksburg virginia: Realtors - Do Some Of Us Expect Something For Nothing? - 11/10/07 04:19 PM
I have a dog. Sometimes I think I have trained him; sometimes I think it is the other way around.
As you can see, he lives a very hard life. Anyway, as I was working around the house today, and as I fed him what seemed like his 42nd snack of … (2 comments)
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