Whether purchasing your first home or fourth, buyers need to investigate a number of avenues before closing a deal. As part of Virginia’s “caveat emptor” (or buyer beware) clause, it is up to the buyers to do their due diligence in determining all material adverse facts. The 3 most well common inspections include: Home […]
Thinking about selling? Your home is a largest investment, so finding the right Realtor is not a decision to be taken lightly. Not all agents are the same – they have different marketing strategies, personalities, communication styles, lead management, and more. It’s important to find a real estate agent that meets your specific needs and matches […]
“Maybe Christmas” he thought, “doesn’t come from a store. Maybe Christmas perhaps…is a little bit MORE” -The Grinch Merry Christmas!! Have a blessed holiday with family and friends. And this will be a sign for you: you will find a baby wrapped in swaddling cloths and lying in a manger. Luke 2:12 Hampton Roads Real-e-statement is written by […]
The perfect balance of modernization and old world character, this charming 3 bedroom rancher offers gleaming hardwood floors throughout. A large backyard, perfect for entertaining, features an over-sized, detached garage with built-in workshop and extended driveway space. Located at 6016 Old Chestnut Ave., Newport News, VA 23605, this home is priced to sell at $89,900. Additional features, […]
If you have ever purchased a home before, you know that there are a lot of papers to sign at closing. Here is a list of key documents: HUD-1 settlement statement: Detailed list of all costs related to the sale of your home, similar to the good faith estimate provided by the lender. You have […]
As we head into the holiday season, how has the real estate market been affected? The REIN (Real Estate Information Network) statistics for November 2013 continue to show steady improvement here in Hampton Roads: To summarize this data from REIN, the real estate market is still showing year-over-year improvement. Market gains are not as significant […]
Before closing on a home, buyers have the opportunity to take one last walk-through of the house they are purchasing. This allows buyers to ensure the property is in substantially the same condition as when the offer was written. It’s also an opportunity to check on repairs made by the seller as requested on the […]
You have the right to select a settlement agent (otherwise known as a closing company) to handle the closing of your sale. The settlement company you choose will: Collect all the necessary closing documents Order a title search Organize loan documents Disburse money after closing Record deed This is the location of where closing will […]
Thanksgiving Day brings to mind the blessings in our lives that usually go unnoticed: a home that surrounds us with comfort and protection; delicious food, for pleasure in both eating and sharing; clothes to snuggle up in, books and good entertainment to expand our minds; and freedom to worship our God. Most of all we are thankful for our family and friends, those treasured people who make our […]
Getting prepped for the holidays can take a lot of work. Here are a few home decorating tips to keep it fun and easy!! Stay with one theme and style for your holiday decorating. It makes shopping for decor easier and makes your space feel professionally finished. Smell the holiday season with fresh potpourri and […]
Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. For questions regarding buying or selling contact Alyssa at 757-329-6161 or alyssagodwin@lizmoore.com. You can also find Alyssa on Facebook or on the web at www.lizmoore.com/alyssagodwin.
What is a CMA? A Comparative Market Analysis, or CMA, is a thorough analysis that evaluates current market trends to determine your home’s value. Rather than producing a computer-generated number, at Liz Moore and Associates we have designed a 10 step pricing methodology to determine a home’s market value. Put simply, market value is what […]
As part of a buyer’s due diligence to inspect all areas of a home before buying, I recommend completing a termite/moisture inspection. This is to determine there are no moisture problems in or under the home, including moisture damaged wood or standing water. The inspector also checks for active wood-damaging insects or unrepaired damage. Sellers […]
Great news!! The Federal Housing Administration has moved to relax its guidelines for borrowers who “experienced periods of financial difficulty due to extenuating circumstances”. Dubbed the “Back to Work – Extenuating Circumstances Program”, FHA has now removed the familiar waiting periods that typically followed a derogatory credit event. Ex-Homeowners who lost their homes to a […]