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
One of the interesting things I see as a closing agent is the stress the buyers can be under with all of the things they shouldn’t do between the times they write a contract to the time they get to the closing table. This should be a joyous occasion. Owning your piece of America. But… Continue reading GOOD ADVICE FOR BUYER’S:
As someone going through a kitchen renovation myself currently, I had this same conversation, and decided to stay with a closed layout. Here is a great article for you. Open Floorplans Getting Closed Off? Demand Grows for Separate Kitchens.
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#
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
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
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