One commonly negotiated contingency in a purchase offer is having a thorough home inspection. Although it would be thrilling to find a perfect home with no concerns, unfortunately, they don’t exist! A home inspection is a visual inspection of readily accessible areas and components to determine condition of major systems, structure, and other operations. Most […]
After finding the perfect home, it’s time to write an offer! This is where the experience of your Realtor really pays off through negotiations and coordinating closing details. Before writing an offer, your Realtor will run a Competitive Market Analysis (or CMA) to determine current market value of the home. Together, you and your agent […]
Looking for that perfect space? Retiring to Williamsburg or considering building your dream home? Look no further! Located close to Historic Williamsburg, Historic Yorktown, Busch Gardens, outlet malls, golfing, and much more, 110 Willoughby Drive in Williamsburg, VA has it all! With a very large and rare 1.46 acre lot, this is an opportunity you […]
Your not just buying a home, you’re buying into a neighborhood, community, school system, and lifestyle! It’s important to evaluate each neighborhood and property. Creating a neighborhood checklist is a great way to keep tabs on each home previewed. Items to consider include: Size of neighborhood Home styles Lot sizes Topography Recreation Amenities Shopping Commute […]
There are several documents you will need to gather in advance to expedite your loan application. At a minimum, you should have the information listed here: Current pay stubs for the past two years W-2’s for the past two years Other income sources Complete information – names, addresses, numbers and balances – regarding the following: […]
Courtesy of Liz Moore and Associates. Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. For questions on mortgage loans 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.
As discussed in The Mortgage Process, the first step of home buying is getting started with a lender through a pre-qualification call. By taking the time in advance to meet with your chosen lender and review the numerous mortgage programs available to you, you can avoid a last minute rush to quickly find a lender, […]
The first step in the home buying process is securing a mortgage approval. Because financing plays such a critical role in your real estate experience, you should have as much information as possible regarding mortgage options and costs. There are hundreds of loans to choose from, and a mortgage lender will work with you to […]
Getting started in finding your dream home can be an exciting adventure! So many home buyers now start their search online before ever consulting a Realtor. Since, let’s face it, who doesn’t want to flip through pictures all day!!! With so many potential homes out there, a real estate agent can be a very useful […]
Calculating the square footage of a home is not as easy as it sounds. Square footage is calculated by measuring the outside perimeter and individual room spaces. The most common way a homeowner can determine size is by hiring an appraiser (generally the case when buying or selling, but can be done outside of that […]
Across Virginia, low housing inventory has become a common problem. With the upswing in our economy, many buyers have come out of their shell and are ready to purchase a home. The problem is, there aren’t enough homes are available! Low inventory is causing a trend – new listings are often bombarded with showings and […]
A message from Gary Thomas, 2013 President of NAR (National Association of Realtors) We’ve seen interest rates rising recently. Rates on 30-year fixed mortgages have gone up almost a full percentage point since reaching record lows six months ago. REALTORS and consumers are understandably anxious about what this means for the real estate market. While […]
Liz Moore and Associates is setting up LemonAide stands in Newport News and Williamsburg to raise money for pediatric cancer treatment and research for CHKD, the local Children’s Miracle Network hospital. Every dollar raised will go to this awesome cause! Join us on Saturday, July 20th between 10am and 2pm for some LemonAide on a […]
