Buyer · Condo · Environment · Family · Finances · Home Tips · Informed Consumers · Insurance · Investing · Landscape · Location · Maintenance · mortgage · Neighborhood · Property Management · Real Estate · Rent · Seller · Tenant

Buying a Home in a Fire Risk Area: Here’s What You Need to Know

Outside of the significant financial responsibility of delving into home ownership, there can also be a lot of other risks involved that you may not have thought about as a new homeowner. While the requirement of homeowner’s insurance is well known and guarding your house against theft can be commonplace, if you happen to be… Continue reading Buying a Home in a Fire Risk Area: Here’s What You Need to Know

Informed Consumers · Selling

Top 6 Things Real Estate Agents Wish You Knew – ABC News#

Because we always LOVE for our clients to be informed, as well as provide great advice to help stay ahead of the curve when it comes to selling or buying a home, check out the link below from ABC News with some great advice! Top 6 Things Real Estate Agents Wish You Knew – ABC… Continue reading Top 6 Things Real Estate Agents Wish You Knew – ABC News#

Informed Consumers · Investing · Selling · Training

Navigating Short Sales: What to Do When the Sale Price Leaves You Short

If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won’t cover your total mortgage obligation and… Continue reading Navigating Short Sales: What to Do When the Sale Price Leaves You Short

Informed Consumers · Selling · Training

Appraised Value vs. Tax Assessment

Appraised Value verses Assessed Value can be one of the most misunderstood concepts in property values. An appraisal is a formal estimate of market value performed by a licensed appraiser using analytical procedures and formulas.  The appraiser will use the sales price of recently sold, nearby homes, with similar features (comparables), making adjustments for any… Continue reading Appraised Value vs. Tax Assessment

Informed Consumers · Training

Other HB 1907 Changes

VREB Disciplinary Authority Every real estate Licensee, whether active or inactive, must fully comply with all Virginia Code and Standards of Conduct, which are enforced by the Virginia Real Estate Board (VREB).  Failure to comply will result in disciplinary action. VREB has broad authority to discipline Licensees who violate the License Law, Rules, and Regulations. … Continue reading Other HB 1907 Changes