Williamsburg Real Estate and Homes Guide

I know that some of these scams are going on in our area and across the country.  One of my investor clients was approached with one of the ‘cash back’ scenarios below when he was given a years rent up front in the form of a cashiers check.  Fortunately, he suspected something was up and [...]

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Sold! Your House in Williamsburg

Some things are hard to measure, and others are easy. Success in a real estate sale is easy. It occurs when the “SOLD” sign is in your front yard. And having that occur as quickly as possible is the goal of every real estate agent and every home seller.
You have undoubtedly [...]

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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 [...]

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Your Tax-Free Profits
Significant tax reform legislation was signed into law with the Taxpayer Relief Act of 1997. This legislation replaced both the one-time $125,000 tax-free exclusion for homeowners aged 55 and older, and the “rollover” deferment of capital gains tax requiring the purchase of a replacement home of higher or equal cost within two years [...]

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Making Your Williamsburg Dream Home Come True
Is it time to initiate the purchase of your first Williamsburg home? You may be starting a family and outgrowing your small apartment. If the time seems right to seriously consider buying a house in Williamsburg, but you are afraid you don’t you have enough cash, don’t worry!   A [...]

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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 [...]

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Financial Help  From the Government… No Kidding
If you are a first time home buyer or you have not owned a home in the past 3 years, you probably qualify for the new $8000 tax rebate.
Here’s where it gets exciting.  In Virginia, the Virginia Housing Development Authority will let you use this as a downpayment on [...]

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HUD announce OK to monetize tax credit for first time home buyers to use as a downpayment.
Who qualifies: The biggest qualification is to be a first time home buyer or in this instance, someone who has not owned a home for the past three years.
http://www.hud.gov/news/release.cfm?content=pr09-072.cfm

From the HUD press release: Currently, borrowers applying for an FHA-insured [...]

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Financial Help
Home prices often cause many first-time buyers to seek help from their families for the down payment on a new home. If your parents are providing financial assistance for the purchase of a home, it is important that you have very clear agreements with them about the conditions under which their help will be [...]

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Insuring Your Williamsburg Home
Many Williamsburg Virginia home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified “yes”. Although the buyer is not yet the recorded owner of the Williamsburg property, he or she has an insurable interest in the property as soon [...]

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