Feed on
Posts
Comments

Archive for the 'over 55' Category

I recently posted the following on a real estate website in answer to the question: Is buying a home in Williamsburg in the 23185 zipcode a good idea?

Written 6/24/2009:  Williamsburg VA:
I completely agree that lending practices were far to easy before the economic problems. Overcorrection and making it very, very difficult to get a mortgage [...]

Read Full Post »

If you are a new home buyer or have not owned a home in the past 3 years, we have good news.
The Federal Government is offering an $8000 tax rebate to first time home buyers.  The 8K is received after closing and filing a form with the IRS.
Here’s where it gets good!  The Virginia Housing [...]

Read Full Post »

Time To Buy?
Buying a home for the first time is a major decision that requires planning and preparation. Becoming a homeowner is an exciting process with many complexities that real estate agents are trained to manage.
We are experienced in working with first-time buyers and are well-versed in the creative financing that can make dreams become [...]

Read Full Post »

A Tough Sale
Here is a situation that many buyers have experienced. After searching for weeks, you found the perfect home and you made a very low offer. The sellers responded with a counter-offer which was several thousand dollars lower than their asking price. You came back with a slightly higher bid, and they came down [...]

Read Full Post »

Clean Offers
You have found a house that makes your heart skip a beat–it is in the right location and has all the amenities you want. The price is the only thing that is keeping you from making an offer, because you feel that it is more than you can afford. How can you maximize the [...]

Read Full Post »

Financially Qualified
Even with stable home prices in Williamsburg and with interest rates at an all time low, many buyers are having to stretch financially to buy a home in Williamsburg. Most purchase agreements allow buyers to cancel the contract if they can’t qualify for a mortgage. If you are selling your home in Williamsburg [...]

Read Full Post »

Capital Gains Exemptions
If you recently sold a home without meeting the basic ownership and use criteria for waiving capital gains tax, you might still be able to claim reduced exemptions if you meet certain other criteria.
Homeowners who had to sell because of a change in place of employment can qualify for reduced tax. You must [...]

Read Full Post »

Moving And Taxes
Even with the changes in tax laws over recent years, you may be able to deduct some of the expenses of a move that is the result of a change in your job.
You will probably be able to deduct the costs of your move if your new work location means more than an [...]

Read Full Post »

2008 saw many changes and challenges in the Williamsburg real estate market.  Many agents have left the business, which has been  cathartic.   The industry became bloated with to many “licensed” but poorly trained agents who really didn’t take the business seriously.  While training, support and talent have allowed some brokerages to flourish (like EXIT [...]

Read Full Post »

LOCATION IS KEY IN LUXURY MARKET
Valuation of any home takes into account its size, features, condition and location. Of these factors, location is the one element that cannot be altered. A home in a high demand location will always represent a greater market value than a comparable home in a less desirable location. [...]

Read Full Post »

Next »