Top 10 Real Estate Myths Sponsored By: A GREAT way to check out neighborhoods right from your computer!--> Video Drive-Throughs 1. The area of Charlottesville is broken up into 5 main areas, within those areas are hundreds of neighborhoods - but only your neighborhood Realtor specialist can steer you into the right ones - away from the Riff-Raff and undesireables! 2. The further away from the center of downtown C'ville and the hub-bub from those University types, the better your chances of finding a friendly, safer, cleaner neighborhood. 3. A … (0 comments)
1. Since we can believe everything that's written on-line, it's fair to evaluate a Charlottesville contractor based soley from reviews on Yelp.
2. Choosing a Realtor is as easy as calling the local office of one of the small boutique companies in the area you want to live and asking to speak to the agent on duty.
3. For future positive appreciation, ONLY buy homes with Granite counter tops and stainless steel appliances.
Top 10 Real Estate Myths Sponsored By: Charlottesville Homes For Sale 1. One way to get around poor, or no, credit - have your parents buy with a home loan and then just assume their mortgage after closing 2. Three bedroom condos actually hold their value better than similar sized single family homes 3. There is no difference in value appeciation between a detached and attached home 4. Certain amenities in a home always raise the value, such as fireplaces, in-ground pools, 1st floor masters, and playsets 5. Always have your Realtor … (0 comments)
Top 10 Real Estate Myths 1. Oftentimes it is necessary for buyer's Home Inspector to poke holes in walls, dig up around foundation, pull up flooring, remove ceiling tiles, and even remove underlaying insulation in attic - in order to perform his duties properly. 2. Homes with more than 25 acres can deduct on taxes (per Form 1048-F) the land, less 5 acres for homesite - claiming running agricultural concern. 3. Pulling land out of conservation easements is relatively easy, but buyer would need to pay State a 20% land-use-change levy upon successful transfer … (1 comments)
Top 10 Real Estate Myths 1. All Realtors are equal in their knowledge base and experience because State requirements are standard for continuing professional development, entrance qualifications, and State Testing levels. 2. It's best NOT to change your furnace air filters prior to an inspection in order to show the inspector and buyer how clean and how fresh the air quality is in the home. 3. HOA fees are deductible up to 40% of the current home's appraisal less the bi-annual self governing fee divided by the lesser of 20% or … (2 comments)
Top 10 Real Estate Myths 1. In-law suites can add dramatically to the future value of a home based on projected rental income. 2. Many builders are shying away from Forced Hot Air systems and opting for more tried and true forms of heating such as oil and even electric. 3. Virginia state law does not allow a Buyer's Rep to also represent the seller of a property. 4. Gas fireplaces are not viable means to heat a home. 5. Wood fireplaces are viable heating alternatives. Sponsored By: Charlottesville 1st-Time Home Buyers on … (0 comments)
Sponsored By: Charlottesville Real Estate on FaceBook Top 10 Real Estate Myths 1. The first odd numbered year after closing on your property, you can deduct 1/2 the total paid premiums paid for your mortgage insurance less any pre-paid fees required by the insurance company to administer and service your account. 2. In Virginia, appraisers are allowed to consider pending properties in determining value as long as all other parameters have been met. 3. It is always best to work with the listing agent directly. Especially with new construction because all the savings contractor … (1 comments)
Sponsored By: Charlottesville Real Estate on FaceBook Top 10 Real Estate Myths 1. Due to the complexity and potential dangers associated with buying a home, it's vitally important to notify the local police department, as well as your attorney, every time you go out looking at properties without a Realtor present. 2. In Virginia, Mortgage Insurance is mandatory post closing. 3. Your Buyer Agent's fee is paid outside of closing with a personal check, since that agent is responsible to you and you the buyer wanted that representation - usually 10% of contract sales … (2 comments)
Sponsored By: Charlottesville Real Estate on FaceBook Top 10 Real Estate Myths 1. Oftentimes, costs associated with closing go over estimations, but luckily, closing companys and attorneys take checks from a personal account when the amount is over $2599 2. In Virginia, insurance rates are significantly higher, due to perceived liability, of having a fire hydrant on one's property 3. Buyers should immediately buy Mortgage Insurance upon closing their transaction 4. Closing costs can be avoided by buying a home from a distressed buyer or even an REO (foreclosure) 5. Two (2) story homes … (0 comments)
Sponsored this week by: Qualified 1st-Time Houses For Sale in Charlottesville Top 10 Real Estate Myths 1. The first properties on every 1st-time home buyer's list should be FSBO's and REO's! 2. 1st-time home buyers need to contact and hire an attorney prior to ever getting started in the home buying process. 3. Regardless of a 1st-time home buyer's circumstances, they're always best to steer towards a condo for their first home purchase. 4. If a 1st-time home buyer has any qualms or hesitation about buying in today's market, then by all means, they … (0 comments)
top 10 real estate myths: Top 10 Real Estate Myths - W/E October 5th, 2013
- 10/04/13 02:05 AM
Top 10 Real Estate Myths W/E October 5th, 2013 Sponsored By: Charlottesville MLS Listings Top 10 Real Estate Myths: 1. Flood insurance zones have been recently redrawn, in Virginia, making the purchase of flood insurance a requirement for nearly 2/3rds of the state. 2. In a recent UCLA study, having squirrels in your attic can actually increase the RH factor of the insulate bedding through their presence and activities. 3. Allowing limited access to buyers and their agents for showings helps increase the sense of uniqueness and specialness thereby ensuring the highest purchase contract bids. 4. It's always good to completely strip … (2 comments)
top 10 real estate myths: Top 10 Real Estate Myths - W/E September 28, 2013
- 09/25/13 02:28 AM
Top 10 Real Estate Myths W/E September 28, 2013 Top 10 Real Estate Myths Sponsored this week by: Charlottesville MLS Listings On STEROIDS! 1. Do NOT get pre-approved for a mortgage prior to identifying a home to purchase - potentially can hurt your chances to get a favorable rate if they run your credit too early in process! 2. It's a good idea to take your dog with you on showings. He can sniff potential problems (like mold) and keep you safe from predatory Realtors. 3. Look as grubby and smelly as you can, when previewing homes. That way sellers will be … (1 comments)
top 10 real estate myths: Top 10 Real Estate Myths - W/E September 14, 2013
- 09/12/13 12:58 AM
Top 10 Real Estate Myths W/E September 14, 2013 Editor's Note: We unwittingly entered September 31st for the week ending period two (2) posts ago, should've been August 31st. We apologize for rushing the season! Two weeks from now, THAT post will be dated September 31st. Top 10 Real Estate Myths Sponsored this week by the FREE e-Book: 5 Things You Need To Know Before Buying A Home 1. It's vitally important to do ALL of your homework and research prior to ever contacting a Realtor - since the only thing you need a Realtor for is to open doors. 2. 1st-Time Home … (2 comments)
top 10 real estate myths: Top 10 Real Estate Myths - W/E September 7, 2013
- 08/30/13 11:42 PM
Top 10 Real Estate Myths W/E September 7, 2013 Sponsored this week by our friends at: Charlottesville Awesome Real Estate Web Site ! Top 10 Real Estate Myths: 1. Always hire a Realtor who is short because they'll be able to get into spots that a taller one can't in order to inspect your potential new home for problems, e.g. rodents, mold, pests, etc. 2. Since you can get all the information you really need about the real estate transaction from the internet, there's no need to hire an experienced Realtor - better to get a newbie that will do your bidding … (2 comments)
Top 10 Real Estate Myths: 1. Buying a home is no longer "The American Dream" 2. Hiring a Realtor can help you steer away from neighborhoods that might not match your ethnic purity! 3. You should ALWAYS offer 10% below list price when tendering an offer on a Charlottesville home. 4. There is NEVER an instance where you should surrender your right for a home inspection. 5. A 1st-Time home buyer should concentrate on foreclosures as they represent the fastest and easiest way to guaranteed … (2 comments)
top 10 real estate myths: Top 10 Real Estate Myths - W/E April 20th, 2013
- 04/15/13 02:02 AM
Top 10 Real Estate Myths - W/E April 20th, 2013 (extra issue by popular demand) 1. Using a small, local real estate agency will guaranty better service, more local exposure, and more devotion to your property needs. 2. Adding a spouse or partner to the deed is a H-U-G-E Hassle to do AFTER you've closed, so make sure you are absolutely sure who you want on deed prior to executing the Purchase Contract.
3. Houses and condos appreciate and depreciate about the same so are treated the same for appraisal purposes in the state of VA
4. Rent To Own and Lease Purhase … (1 comments)
top 10 real estate myths: Top 10 Real Estate Myths-6/01/2011
- 06/01/11 01:57 AM
Top 10 Real Estate Myths6/01/2011 Sponsored by: Charlottesville 1st-Time Home Buyer 1. You can deduct insurance premiums and HOA Dues on your taxes every year 2. A seller can force you (sue) to buy their home if you default on the performance of the sales contract 3. In the state of VA, seller always pays for home inspection and termite report 4. You can't do home inspections on a bank owned property 5. Short Sales are named because they take such a short time to close 6. The quickest and most reliable way to find the newest active listings is through … (1 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..
Top 10 Real Estate Myths
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