virginia: Buying a Home in the Shenandoah Valley - Call Me
- 01/11/08 04:22 PM
Be sure to call if there are any homes you are wanting to look at. In this buyers market, the great homes at great prices sell fast, so you have to be ahead of the curve! Let me help you find one of these homes! There are a lot of homes on the market and most seller are eager to get moving too, so let me help you go find a deal! I know Shenandoah County like the back of my hand and if you are interested in a particular home I probably already have some knowledge of it! I can easily … (0 comments)
virginia: Selling your home fast
- 01/04/08 04:53 PM
Sellers are still struggle with the decline in housing prices throughout the Shenandoah Valley of Virginia and the question remains "How do I price my home to sell?" The first part of the process is setting the right price. Most sellers think of 1) price 2) condition 3) market In a buyers market that order needs to be re-thought. Market and condition are going to determine the price. Buyers are not going to overpay and the lenders appraisal will not support an overpriced home. Don't confuse what you paid for some of the improvements to your home with a 100% return. A new roof or heater … (0 comments)
virginia: Selling your home fast in this Buyers market
- 01/04/08 04:47 PM
Selling your home fast in this Buyers market (edit/delete) One of the most important things to consider is price. You may want to reduce the price of your home or, at the very beginning, set it at a low price that will generate more buyer interest. If within 14 days of listing and you have not had any showings, you have quite simply listed it too high. Most traffic on any given listing is within the first 14 - 21 days of the properties new introduction onto the market. So hit the price right or even a bit lower than comparable … (0 comments)
virginia: Home Value - Market vs Appraised
- 12/28/07 01:46 PM
So what is the difference between the Appraised Value vs the Market Value of my home? A Real Estate Appraiser is licensed and trained to provide the estimated value of a home to determine its appraised value. The appraised value is based on comparable sales, the condition of the property, and several other factors. Market value is the price the house will bring at a given point in time, once you and the buyer establish a "meeting of the minds" on price. Appraised Value and Market Value do not always match exactly but generally are somewhat similar. Work with a qualified Real Estate Professional such … (4 comments)
virginia: Material Facts in Real Estate
- 12/28/07 01:35 PM
The following examples include details that would qualify as material facts that must be revealed by sellers about their homes: Damage from wood boring insectsMold or mildew in the homeLeaks in the roof or foundation wallsAmount of property taxes paid annuallyKnown problems with a well water systemProblems with sewer or septic systemsAge of shingles and other roof componentsA buried oil tankDetails about any individual who claims to have an interest in the propertyInformation about a structure on the property that overlaps an adjacent property Right of Way, Encroachments, and / or other encumbrancesRadon IssuesChimney structure issuesSome things are not material facts and … (9 comments)
virginia: Real Estate Negotiating Tips
- 12/28/07 01:27 PM
Be patientKnow your home's worthAdopt a positive attitudeDo not let emotions-anger, pride, greed, or prejudice-get in the way of negotiating the best deal.Your home obviously means a lot to you, but you have already made the decision to move on, so begin to think of your home as "the house" or "the condo," instead of "my home." When reasonable offers come along, take them seriously. Especially in todays buyers market, any offer received should be considered a potential deal with maybe a few tweaks. You can always counter any offer made by the buyer that comes near your asking price. Do not spoil … (4 comments)
virginia: Buy Now - Buyers Market in the Shenandoah Valley
- 12/28/07 01:21 PM
Although much of the housing market is in a slump, this is still a good time for most to buy a home. Even though many economists are predicting further drops in home values in most areas, today is still an excellent time for most of us to buy a home. The direction of area home values won't make much difference to homeowners who will both buy and sell in the same area, and other important factors very much favor buying a home now. Most move up buyers buy their next home in the same area. Whether overall home values in that area … (0 comments)
virginia: Real Estate Deal Killers
- 12/28/07 01:16 PM
No one will contest that it is currently a Buyers Market, and with that being so, buyers are being pickier than ever. Work that needs to be done on a home is a hard negotiating tool for present buyers. If the seller is unwilling to make repairs or lower the price, buyers are going to walk, or run away. Many home buyers are now demanding home inspections and more and more home sellers are getting pre-listing homes inspections. With this in mind I have complied a list of likely Deal Killers that will send buyers running. Roofing Concerns: A new homeowner does not want the expense … (2 comments)
virginia: Short Sales
- 12/28/07 12:59 PM
Can a home be sold for less than the mortgage balance due? Yes, sometimes, but it is a complicated process and a lot will depend on the lender. The process is called a "short sale," which occurs when a lender agrees to write off the portion of a mortgage that's higher than the value of a home. This process usually requires a willing buyer enter into a contract of purchase for the property first. A short sale may be more complicated if the loan has been sold in the secondary market. Then the lender will need permission from Freddie Mac or Fannie Mae, … (0 comments)
virginia: Foreclosure in your Future?
- 12/28/07 12:44 PM
Talk with your lender immediately. The lender may be able to arrange a repayment plan or the temporary reduction or suspension of your payment, particularly if your income has dropped substantially or expenses have shot up beyond your control. You also may be able to refinance the debt or extend the term of your mortgage loan. In almost every case, you will likely be able to work out some kind of deal that will avert foreclosure.If you have mortgage insurance, the insurer may also be interested in helping you. The company can temporarily pay the mortgage until you get back on … (0 comments)
Enjoy!!!!!!!!!!!! Twas the week before Christmas and all thru the "hood" Home sales prices were dropping, but the rates remained good! All Realtors were crying All Closers were sad All Office Staff TRYING! But the Brokers were still mad! The Media was being, all doom and gloom Set by large expectations, from the previous boom But don't listen to them, for soon it will zoom A good market for all, is soon to resume
Let's all set goals for a bright year to come Get rid of the frowns, get … (3 comments)
virginia: Home Buying Tips - When to Buy - Now if the time is "Right for You"
- 12/21/07 02:00 PM
People buy and sell a house all year round. Some people perceive that it is best to sell a house during spring when the weather is perfect, while some buyers prefer to buy during winter when there is less competition. From my point of view, the best time to buy a house depends on a buyer's needs and circumstances. There will always be opportunities available to snap a bargain and get a good house in any time of the year. What matters is your ready to buy when the opportunity presents itself. First, check your financial readiness to buy. Do you have enough money … (1 comments)
virginia: Front Page in Virginia of ActiveRain
- 12/21/07 01:25 PM
Hello ActiveRain world. I have been steadily blogging away for numerous weeks now and I have already made it to the front page of my state (Virginia). I am so excited and wanted to share the excitement, especially with all of those ActiveRain newbie's out there. I was once a Newbie and less than 2 months ago!!. And Look At me now!!. Watch out VA Top 10 - Here I come. Happy Holidays and a blessed Holiday season to all.
Ron Stead … (13 comments)
virginia: Team Sherry Wilson - Remax Leaders - Now Serving the Shenandoah County!
- 12/21/07 01:14 PM
Sherry Wilson's love for Loudoun County, Virginia real estate and expertise in this field, along with her history of successful growth as an agent/owner, have helped her to lead the industry in developing a unique team approach for her personal service business. Over the years, Sherry has assembled a team of top professionals who work with her to ensure the highest level of service for her growing client list; meanwhile, she is a phone call away for any imaginable need.Sherry has a full-time Marketing Director, Contracts Department Manager, Listings Coordinator, Closing Coordinator, Buyer Agents and various support personnel. While each Team … (1 comments)
virginia: Buy Now - Buyers Market in the Shenandoah County
- 12/21/07 01:11 PM
Now is a great time to buy but that doesn't mean Sellers are giving away their property, they are just becoming more real on the price in order to meet the demands of a buyer's market. Sellers are keenly aware that the supply has overturned the demand and we are seeing everything from closing costs for the buyer to gift certificates to Tiffany's. Sellers ask us what the best strategy is to sell. We tell them the truth - to price the property where it should be and forget the frilly things- Buyers are looking at the bottom line and likely in the lower … (0 comments)
virginia: Team Sherry Wilson - Remax Leaders - Now Serving the Shenandoah Valley!
- 12/21/07 01:08 PM
Sherry has decided to reward our team with a cruise...again! Even though it was a tough year, the Sherry Wilson Team pulled together and held the lines. Our final numbers were down from previous years, but comparatively, we really did more business than we expected. This market has been a real eye-opener for our team, and we have had to frequently adapt and make tough changes to stay on track with our goals. A message from Sherry about 2007: There was a statistic recently from the National Association of Realtors that said from 2000-2005 the number of licensed agents in the US climbed from 700,000 … (0 comments)
virginia: Home Decorating
- 12/21/07 01:03 PM
Are you thinking of renovating your home, to add your personal touch or maybe to get more dollar value? Whatever your reason is, this data will guide you on which project to prioritize and where to invest more of your time, money and effort. Top 15 Home Updates Average Return 1. Minor Bathroom Remodel 102% 2. Landscaping 100% 3. Minor Kitchen Remodel 98.5% 4. Vinyl Siding, Fresh Paint, Front Entry 70% 5. Attic Bedroom Conversion 93.5% 6. Major Bathroom Remodel 93.2% 7. Major Kitchen Remodel 91% 8. Deck, Patio or Porch Addition 90.3% 9. Basement Remodel 90.1% 10. Replacement Windows 89.6% 11. Family Room 83% 12. Bonus Room Updates 72.8% 13. Living Room Updates - Decor 66% 14. Bedroom … (1 comments)
virginia: MLS Listings services - The Benefits
- 12/19/07 03:06 AM
When you list your house with a real estate agent who participates in the Multiple Listing Service (MLS), you get a lot of service for your money. Depending upon the MLS region, there may be hundreds of participating members.The real estate agent who lists your home works to get it sold. This is done by marketing directly to home buyers, but an even more powerful tool is marketing your home to other agents who have buyers. Your real estate agent makes all the crucial information about your home available to the other members through the MLS. Information such as your home's … (1 comments)
I AM AT YOUR SERVICE! Ron Stead Call me today at 540-539-1200 or e-mail at rstead@shentel.net
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