roanoke homes for sale: Dont let last year's tax credit make you think our market in Roanoke VA. is slowing.
- 02/26/11 03:28 AM
About this time last year (Feb., March, April) we were approaching the expiration of the tax credit. You may see numbers in the news reports saying that real estate is down this year over this time last year. Those numbers are seriously affected by the tax credit issue! Comparing sales numbers this Spring to last Spring is not comparing apples-to-apples. When you *remove* the tax credit from the equation, the graph below shows the home sales trend, and it is up,up,up. The trend in Roanoke has been on a positive move upwards over the last few months. We are … (1 comments)
roanoke homes for sale: 10 Questions to Ask Home Inspectors when buying a home in Roanoke VA.
- 02/26/11 02:14 AM
10 Questions to Ask Home Inspectors when buying a home in Roanoke VA. Before you make your final buying or selling decision, you should have the home inspected by a professional. An inspection can alert you to potential problems with a property and allow you to make an informed decision. Ask these questions to prospective home inspectors when buying a home in Roanoke VA: 1. Will your inspection meet recognized standards? Ask whether the inspection and the inspection report will meet all state requirements and comply with a well-recognized standard of practice and code of ethics, such as the one adopted … (1 comments)
roanoke homes for sale: 5 Feng Shui Concepts to Help a Home Sell in Roanoke VA.
- 02/26/11 02:06 AM
5 Feng Shui Concepts to Help a Home Sell in Roanoke VA. To put the best face on a listing and appeal to buyers who follow feng shui principles, keep these tips in mind.1. Pay special attention to the front door, which is considered the "mouth of chi" (chi is the "life force" of all things) and one of the most powerful aspects of the entire property. Abundance, blessings, opportunities, and good fortune enter through the front door. It's also the first impression buyers have of how well the sellers have taken care of the rest of the property. Make sure … (2 comments)
Garage sales can be a great way to get rid of clutter - and earn a little extra cash - before you sell your home in Roanoke Virginia. But make sure the timing is right. Garage sales can take on a life of their own, and it might not be the best use of your energy right before putting your home on the market. Follow these tips for a successful sale.1. Don't wait until the last minute. You don't want to be scrambling … (1 comments)
roanoke homes for sale: 10 Ways to Prepare for Homeownership in Roanoke Virginia.
- 02/23/11 01:37 AM
10 Ways to Prepare for Homeownership in Roanoke Virginia. 1. Decide what you can afford. Generally, you can afford a home equal in value to between two and three times your gross income.2. Develop your home wish list. Then, prioritize the features on your list.3. Select where you want to live. Compile a list of three or four neighborhoods you'd like to live in, taking into account items such as schools, recreational facilities, area expansion plans, and safety.4. Start saving.Do you have enough money saved to qualify for a mortgage and cover your down payment? Ideally, you should have 20 percent … (1 comments)
roanoke homes for sale: 2011 Roanoke Virginia Home Buyer Survey.
- 02/18/11 06:06 AM
Please take a moment to fill out the survey of Roanoke area citizens who are thinking of purchasing a home in 2011. Online Surveys Thank you for your input. … (0 comments)
Other limits on energy tax credits besides $500 max Credit only extends to 10% of the cost (not the 30% of yesteryear), so you have to spend $5,000 to get $500. $500 is a lifetime limit. If you pocketed $500 or more in 2009 and 2010 combined, you're not entitled to any more money … (0 comments)
roanoke homes for sale: Here is the lowdown on the market in Roanoke VA.
- 01/17/11 03:42 AM
Here is the lowdown on the market in Roanoke VA. The graph belows show how many months it would take to sell all of the homes currently for sale in the Roanoke Valley Association of Realtors multiple listing service. Currently we are running at a 15 month supply, down from a 16.5 month supply in September 2010.
The graphic below shows the effect of absorption rate on home values. Making sure your home is priced correctly is extremely important is this type of market.
If your home is currently listed for sale in Roanoke VA you … (0 comments)
roanoke homes for sale: 8 Tips for Finding Your New Home in Roanoke, VA.
- 01/09/11 06:43 AM
Article courtesy of Houselogic.com 8 Tips for Finding Your New Home in Roanoke VA. By: G. M. Filisko Published: February 10, 2010 A solid game plan can help you narrow your homebuying search to find the best home for you.
1. Know thyself Understand the type of home that suits your personality. Do you prefer a new or existing home? A ranch or a multistory home? If you're leaning toward a fixer-upper, are you truly handy, or will you need to budget for contractors? 2. Research before you look List the features you most want in a home and identify … (0 comments)
roanoke homes for sale: If You are Facing Foreclosure in Roanoke This is What to Do Right Now
- 12/13/10 03:05 AM
If You are Facing Foreclosure in Roanoke This is What to Do Right Now (Courtesy of HouseLogic.com) By: Jerry DeMuth Published: February 5, 2010 If you're facing foreclosure, don't panic: Take steps right now to save your home or at least lessen the blow of its loss.
Foreclosure process takes time The entire foreclosure process can take anywhere from two to 12 months, depending on how fast your lender acts and where you live. Some states allow a nonjudicial process that's speedier, while others require time-consuming judicial proceedings.Once you miss at least one mortgage payment, the steps leading up to … (0 comments)
If your house passes the FHA rules, it will appeal to buyers who plan to use an FHA-insured mortgage. If your house doesn't qualify for an FHA loan, you're cutting out 30% of potential buyers. FHA is especially important to first-time homebuyers and those with small downpayments because it allows borrowers with … (1 comments)
1. Get help from a short sale expert A real estate agent experienced in short sales can identify which homes are being offered as short sales, help you determine a purchase price, and advise you on what to include in your offer to make the lender view it favorably. Ask agents how many buyers they've represented in short sales and, of those, how many successfully closed the transaction. 2. Build a team Ask agents to recommend real estate attorneys knowledgeable in short sales and title experts. A title … (0 comments)
Saturday November 27th join us for the Roanoke Foreclosure Tour. We will be meeting at 10 am and tour 7 homes in the North Roanoke County / City area. These homes range in price from $103,000 - $169,000. There are ranches, split levels, and split foyers, from 3 bedrooms up to 6 bedrooms, all homes have a minimum bath and a half.
All of these are either bank owned, government owned or owned by an institution. There will be a lender onsite at … (0 comments)
roanoke homes for sale: Average listing and average sold prices in Roanoke Virginia have rebounded!
- 11/23/10 02:45 AM
Average listing and average sold prices in Roanoke Virginia have rebounded! In the last 12 months average listing prices and average sold prices in Roanoke Virginia have increased over $10,000. Real Estate is a very localized market and what is happening in other areas that is being reported by the national media is not necessarily what is occurring in our market area.
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