If you’re thinking about buying new construction in the Charlottesville area or anywhere else, please, please, please be aware that onerous, hateful contracts are being used by some of the builders.Contrary to the popular opinion that you can “get out of” any contract, these don’t fit that mold.Delivery Date, If Applicable: PURCHASER understands and accepts that there will be a longer than normal delivery date due to the location of this purchase being in a section currently not developed…. The delivery date quotes should not be construed as a guarantee and SELLER contracts, will supersede any delivery date estimate.That’s almost not so bad, despite the fact that there is really no guidance as to when closing might happen nor any penalties for not delivering a product by a certain time.Purchaser and Seller shall jointly conduct the Pre-Settlement Inspection on a date and at a time specified by Seller, in its sole discretion, in accordance with he provisions of applicable laws…. Except to the extent otherwise provided by law, Purchaser is not entitled to be accompanied at the Pre-Settlement Inspection by any agent, family member or invitee including, without limitation, any home inspector (collectively, “Purchaser’s Agent”) without Seller’s express consent, which consent may be withheld in Seller’s sole discretion….Purchaser acknowledges and agrees that if Purchaser is permitted to be accompanied by a Purchaser’s Agent at the Pre-Settlement Inspection … Purchaser’s Agent shall attend the Pre-Settlement Inspection as an observer only and under no circumstances will Purchaser’s Agent be permitted to perform any independent tests or inspection of the Property or in any way interfere with or actively participate in the performance of the Pre-Settlement Inspection.
Date Archives March 2008
If you don’t ask, you never learn
CVillain seems to have a pulse on the Charlottesville world, so I took the opportunity to ask for their insight into the Charlottesville economy. The responses are exactly what I hoped for.
Drop visual tours as a marketing tool?
I’ve been paying for Visual Tours for several years now – $29.95 a month. Originally, they offered a distinctively different product; most importantly, they offered linking partnerships for distribution to multiple websites. Now, there are more efficient method for linking distribution, not to mention video offerings and the fact that I can put unlimited photos on my website.I’m trying to justify the 30 bucks a month, but can’t seem to do so. The question is – Are Visual Tours worth it?
Zip codes don’t work for real estate searching
Searching by zip code is, at least in the Charlottesville area, next to useless and perhaps more dangerous than useful because of the artificial and arbitrary boundaries they create. Searching by elementary school district is the most efficient use of localized search because that is a frequent target of buyers and is the most isolated search available in our MLS. Read ForSalebyLocal’s post for a more thorough reasoning as well as an alternative solution to zips.
Charlottesville has an expanding economy
So says USA Today.I’m assuming that by “Charlottesville” they mean “the Charlottesville region.”The Daily Progress offered valuable insight on the area’s economy earlier this year.Update 10 March 2008: This cannot possibly be a bad thing for our economy:Howell described four major building projects intended to meet these challenges. Three of the facilities will be completed during the next 3 ½ years (by 2010-11). Several will transform the landscape in and around the “new hospital†which was opened for business in 1989 off Jefferson Park Avenue.
Round 2 of the Blog Brawl
in the VARBuzz Blog Brawl.The Blog Brawl pits real estate blogs from around the country and around the state against each other in a March-Madness type competition. To the victor go the spoils, the pride and the opportunity to …… Why not have a little bit of fun?RealCentralVA is in Zone 4; vote here.While you’re there, why not cast a vote for RealCrozetVA? It’s the hyper-local, non-real-estate-specific blog that I author for the Crozet community.
Media appearance in Charlottesville on Monday afternoon
I’ll be on Coy Barefoot’s show on Monday afternoon at 5 o’clock, likely from about 5:07 to 5:30. I imagine we’ll be discussing the state of the Charlottesville real estate market, possibly buyer and seller psychologies, market statistics and anything any callers might call in and ask about.Unfortunately WINA – 1070AM – doesn’t offer live streaming, but hopefully the show will be on CPN.