Are you considering buying a Charlottesville Virginia property as a second home or investment? Perhaps you are looking for a small cottage or apartment where you can escape for vacation, or maybe you want to have another home closer to family. Maybe you want to rent out your second property and make a steady income from your investment. Whatever the reason, a second piece of real estate can be a fantastic investment. However, sometimes getting a mortgage on your second home can be a challenge. … (1 comments)
Sponsored By: Houses In Charlottesville When you buy a Charlottesville home, you need to know exactly what you’re buying. Imagine how frustrated you’d be to find out that the hot water heater wasn’t working—in the middle of a shower! This is why you should have a home inspection before you buy your Charlottesville home. A home inspection is an important part of buying your Charlottesville home. Before you hire a home inspector, ask candidates a few questions to make sure you hire a trustworthy inspector. What does your inspection cover? Not all inspections … (2 comments)
We were having one of our semi-monthly fire-pits out in our neighborhood cul-de-sac last Friday night, this time welcoming two new NGIC families that just moved into our community, when discussion revolved around real estate and me being the local Forest Lakes Realtor:
I was SO pleased that one of the couples said they had viewed many of my neighborhood videos and it was a driving force for them to pick a rental in Forest Lakes! They also liked my extensive information about many of our … (0 comments)
When you buy a Charlottesville home, you need to know exactly what you’re buying. Imagine how frustrated you’d be to find out that the hot water heater wasn’t working—in the middle of a shower! This is why you should have a home inspection before you buy your home. A home inspection is an important part of buying your home. Before you hire a home inspector, ask candidates a few questions to make sure you hire … (0 comments)
charlottesville real estate: Top 10 Real Estate Myths - W/E August 17, 2013
- 08/11/13 02:07 AM
Top 10 Real Estate Myths W/E August 17, 2013 Sponsored By: Charlottesville Real Estate 1. Working directly with builder saves thousands on commission fees while at the same time allowing builder to give you tons of free up-grades! 2. NEVER hire a Buyer Agent! The fees you the buyer have to pay out-of-pocket (usually 4% of contract sales price) are not worth it. Go it alone, there's nothing so hard about the real estate transaction - certainly nothing worth thousands of dollars! 3. Always buy the cheapest house on the block. 4. During these unsettled economic times, it's always best to buy … (1 comments)
15 year fixed conventional: 3.49% 0 points APR 3.630%
30 year fixed VA : 4.00% 0 points APR 4.303%
30 year fixed FHA: 3.875% 0 points APR 5.504%
30 year fixed jumbo: 4.875% 0 points APR 4.899%
Rates are based off of 740+ FICO score, and 25% down payment (3.5% down payment for FHA), and are subject to change without notice. APR calculated on $200,000 loan amount ($600,000 for Jumbo). Loans are always subject to credit approval. Sponsored By: Charlottesville Real … (0 comments)
There are items that I like to call the keys that are found in a mortgage. When discussing a mortgage, these are very important to understand. In our discussion we are going to talk about the responsibilities of both the mortgagor and mortgagee. Key # 1 – Pay the main or principal mortgage debt. This is one of the agreements that must be met by the person that is purchasing the house in [Profile.market3]. This person is also known as the mortgagor. So basically this is saying … (0 comments)
charlottesville real estate: Are You Paying a Good Price for a Home in the Charlottesville Area?
- 07/17/13 06:28 AM
Are You Paying a Good Price for a Home in the Charlottesville Area? Sponsored By: C'ville-1st-TimeHomeBuyer.com Knowing how much to pay for a home can be tricky business. Homes in the Charlottesville area tend to vary in prices from low to high. Even houses right next to one another can vary in price by as much as 20%. How can you tell if you’re paying a good price for a home in the Charlottesville area? In this article, we’ll cover how to determine the value of your home, strategies for making an offer and considerations with the seller that may affect your … (0 comments)
1. Price is THE one factor to consider when trying to negotiate most effectively.
2. HOA dues can be paid in advance in 10 year increments.
3. HOA dues must be paid, but you don't HAVE to join just because you live in the complex.
4. One of the most valuable things a Realtor can do is to research where specific ethnic groups live and steer you away from the ones you don't like.
5. Realtors can discriminate against a certain buyer and not … (1 comments)
charlottesville real estate: Top 10 Real Estate Myths - W/E June 8th, 2013
- 06/03/13 03:08 AM
Top 10 Real Estate Myths - W/E June 8th, 2013 Sponsored By: MLS Housing Prices in Charlottesville 1. It's vital to obtain your last assessment from county records and price your asking price $12,000 over that number, divided by the quotient of the county tax rate over the projected cap rate depreciated at 6% of list market price.
2. Mortgage Insurance is vital, but can only be bought AFTER you close on your property.
3. The state of Virginia requires both buyers and sellers hire an attorney at time of contract ratification.
4. Best, and most common practice in the … (0 comments)
1. Historically, real estate has a terrible track record of steady appreciation
2. Housing should only be seen as an investment and with no emotional ties in order to get full benefit
3. With all the information readily available on line a buyer can completely investigate a seller's motivations, all pertinent property history, and assess market trends
4. There is really no difference between a 2, 3, and 4 bedroom home.
Sponsored By: Charlottesville 1st-Time Home Buyer
5. There is no difference in appraisal valuations given for a … (2 comments)
charlottesville real estate: Top 10 Real Estate Myths - W/E May 19th, 2013
- 05/12/13 11:16 PM
Top 10 Real Estate Myths - W/E May 19th, 2013 So, there's so much information out on the net, can you tell which is fact and which is fiction? Here's this month's list of common real estate misunderstandings. Read 'em through, see which ones you think are true and which are false. Then, call or e-mail me and let my 19+ years in real estate guide you through the tangled maze of the real estate transaction. Experience. I've got it and, it can help you. Sponsored By: Charlottesville 1st-Time Home Buyers
1. You can deduct insurance premiums and HOA Dues on … (0 comments)
charlottesville real estate: Top 10 Real Estate Myths-April 2013
- 04/11/13 11:19 PM
Top 10 Real Estate Myths-April 2013 Sponsored By: Charlottesville MLS Houses For Sale 1. Working directly with builder saves you money because builder will be saving on not paying commission(s) 2. It's customary, in this down market, to always offer 20% (or some %) less than asking price 3. You must hire an attorney to protect your interests 4. You don't need to do a home inspection on new construction 5. You need to buy mortgage insurance 6. Working directly with listing agent can save you money because seller won't have to pay other half of commission Sponsored By: Charlottesville MLS Houses For Sale 7. Calling many listing … (2 comments)
charlottesville real estate: Different Ways To Insure Your Home: A Primer From Real Estate Expert Fulton Gaylord
- 02/13/13 10:25 PM
Different Ways To Insure Your Home: A Primer From Real Estate Expert Fulton Gaylord When buying a Charlottesville Virginia home you want to makes sure that you are protecting your largest purchase. There are several things that you can do to make sure you are adequately protecting your investment. Here are a few things you are either required to have or need to consider. First, you need to have homeowner's insurance lined up before closing. This covers fire, theft and liability. Lenders want to make sure that their investment is protected and will make it a requirement to close. Typically, buyers … (0 comments)
charlottesville real estate: Fulton Gaylord discusses items that must be checked by your Charlottesville Virginia Home Inspector.
- 01/23/13 02:07 AM
Fulton Gaylord discusses items that must be checked by your Charlottesville Virginia Home Inspector. It is best not to use this as an excuse to try and get a better deal, but it can be a great way to get the seller to help with the cost of some of the repairs that may be needed to be completed for closing. If there are repairs that need to be completed on your Charlottesville Virginia home you will want to get some estimates on the costs for these repairs and weigh the costs of having them done before the closing as opposed to … (0 comments)
charlottesville real estate: Can You Lower Your Property Taxes by real estate expert Fulton Gaylord
- 12/30/12 12:59 PM
Can You Lower Your Property Taxes by real estate expert Fulton Gaylord In our society today, we are all looking for ways to cut our expenses. If you own any property in the Charlottesville real estate market, then one of these expenses are your property taxes. In our discussion today, we are going to look at ways to possibly cut your propertytaxes. Tip #1 – Make a trip to the assessment office. This office contains a wealth of knowledge that we don’t take enough advantage of. Get as much information about your property in the Charlottesville real estate market as you … (0 comments)
charlottesville real estate: Pledging Allegiance In Charlottesville, Virginia by Charlottesville Real Estate Expert Fulton Gaylord
- 12/06/12 04:18 AM
Pledging Allegiance In Charlottesville, Virginia by Charlottesville Real Estate Expert Fulton Gaylord Whether you're moving to Charlottesville from out of state or just making a local move, you've probably found that there seems to be four (4) distinct areas that people seem to owe proud allegiance when sharing their preferences for best areas to set roots down and buy a home: - Crozet - Just south of Charlottesville below I-64 - Downtown (Belmont) and the University area - North 29 You'll find, that in this article, I remain particularly silent as to my personal preferrences, because, even … (0 comments)
Author Bio: Fulton Gaylord earned a Bachelors of Science degree at the University of New Hampshire, in Durham, NH In Environmental Studies with A Law Practicum. He has spent the last 18+ years mastering the salescraft involved with all aspects of Real Estate. Fulton Gaylord resides in Central Virginia with his wife and two children..
Tips For Getting A Charlottesville Mortgage
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