I heard the end of an interesting story on NPR this morning discussing the over-heated real estate markets nationwide. One couple was recalling how they had to decide to make an offer on a house within 30 minutes of visiting the house once and then had to offer tens of thousands of dollars over the asking price, all while waiving the home inspection. This for a purchase of hundreds of thousands of dollars.Contrast this with purchasing a digital camera. When the subjects of the story bought their camera, they went through a similar process as I did. I researched diligently, compared Consumer Reports, checked online and at local stores for prices and so on. Purchasing a home, in a perfect world, would allow for a much more diligent process. Unfortunately, that is not the case.
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I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
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Sewer Scopes are Good (in Charlottesville)
Orangeburg, Terra Cotta, PVC .. what kind of sewer line does your house have? What kind of sewer line does the house you're considering have? I wrote last month about sewer scopes I advise my buyers to have the sewer lines scoped. It’s usually about…
When Should Buyers Pull their Credit (when buying a home)?
I asked Matt Hodges with Gray Fox Mortgage a couple simple questions a lot of my buyer clients have, and thought you'd find the answers useful. When should buyers let their lender pull their credit? Regardless of when a buyer wants to purchase, if they…
3 First Steps in My Ideal Day to start the Buyer Journey in Charlottesville
The first time meeting in Charlottesville with new to me buyer clients, I like to try to accomplish a lot. The pandemic changed things. How I work with buyer clients is one of the bigger things that has changed. What used to be anywhere from…
Artificial Housing Inventory in Charlottesville
I'm guilty of this, too. For houses that come on the market in Charlottesville and the Charlottesville area, what I'm seeing is this Home is listed as a Coming Soon on Monday/Tuesday so that we Realtors can tee up our buyers. House is activated on…