Richmond Virginia Real Estate – Home Buyers & Sellers: Get the facts!

Don’t be afraid to buy or sell a home. With all the gloom and doom you hear from the media they are leaving out all the positive parts of Real Estate.
Fact 1- Mortgage Rates are still low as long as they remain in single digit numbers your still getting historically low rates.
Fact 2- We have [...]

Seven steps to buying your home!

1- Define your needs. Define your needs, you may want to divide your lists into wants and needs, must have and not must items, neighborhood, Is a garage important? 1 or 2 car garage? 1 story or 2 story preferred? Are you wanting a pool? Narrow down by age of the home?
2- Get pre-approved. You need [...]

Understand Agency Relationships!

It’s important to understand what legal responsibilities your real estate salesperson has to you and to other parties in the transaction. Ask what type of agency relationship your agent has with you:
Seller’s representative (also known as a listing agent or seller’s agent)
A seller’s agent is hired by and represents the seller. All fiduciary duties [...]

Questions to Ask When Choosing a REALTOR®!

Make sure you choose a REALTOR® who will provide top-notch service and meet your unique needs.
1. How long have you been in residential real estate sales? Is it your full-time job? While experience is no guarantee of skill, real estate — like many other professions — is mostly learned on the job.
2. What designations do [...]

When’s The Right Time To Buy?

A big obstacle to purchasing a new home could be the sale of your existing home. The equity you have built in your current home could serve as a down payment on your next home.
If you currently own a home, I would be happy to provide a market valuation to help you realize the potential [...]

Banks tighten criteria for mortgages

FIRST-TIME home buyers are having a tougher time getting a mortgage as a result of the “credit crunch” and falling property values.

Banks are only willing to lend most new borrowers a maximum of 95% of the cost of their home after axing 100% mortgages for all.

Richmond Virginia Real Estate – How to Cash in on a Fixer-Upper!

It’s commonly believed that fixer-upper properties represent easy money that is ripe for the taking – that you can buy it, do a little work on it in your spare time, and then resell quickly for a large profit.  Usually, this simply isn’t the case. Although, with proper planning and foresight, good profits can be made [...]