Date Archives February 2010

Have you Read the Revenue Sharing Agreement?

The revenue sharing agreement between Albemarle and Charlottesville is a pointed point of consternation and disagreement and highlights the political (dysfunctional) relationship between the two Governments. … To home buyers, sellers, residents (and Residents ) – so many services are separate, but so many are and are perceived to be shared. … * Three of my favorite starting points are: – Jennifer’s Revenue Sharing Agreement – CVillePedia – Revenue Sharing Agreement debated again But have you actually read the agreement ? Inlookers, Charlottesville is surrounded by Albemarle , and to most people who don’t live in CharlAlbemarle, they are one and the same.

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Internet and Tech Companies in Charlottesville?

If you are part of an internet company, design / development firm or startup project in Charlottesville, we’d love to hear from you. The goal of First Wednesdays is to grow the internet / startup community in town by highlighting companies and hosting networking events. … The Charlottesville is consistently rated as a great place to live, and is a destination location for buyers and families and people who choose to live in Charlottesville* and work elsewhere – whether in Los Angeles, Denver, New York … and live in Charlottesville. I’m curious to learn just how many internet and tech firms there are in the Charlottesville area.

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Who Knew E*Trade Owned Homes?

Apparently E*Trade own 225 Bedford Park Road in Foxchase in Crozet (technically Charlottesville, but really Crozet). As far as I know, this is the first foreclosure in Foxchase and is an indication that foreclosures are not isolated to any particular price point. … Now it’s being offered for $167/foot (apparently the previous owners finished approximately 600 square feet as well).

… Most Recent Sales History Previous Owner (ed note: I’m choosing to leave this out; if you’re curious you can find it) Owner E*TRADE BANK Sale Date 10/23/2009 Sale Price $869,126 Deed Book/Page 3811/403 Validity of Sale (For Internal Use) Foreclosure

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Sued for Cigarette Smoke, Government tracking Cell Phones and House Prices

A few stories of interest from my Posterous site this week: – I know a lot of people lost power last week in the Charlottesville area, but I am grateful we did not, particularly with trees such as this weighed down .

– An energy-efficient tax credit – the amount of time and effort required to claim a $10 credit – is it worth it, or political posturing and pandering ? – Who knew that Bodo’s had gift cards ? – Home prices to drop an additional 20% ?

This story of a listing broker being sued for (allegedly) assuring a buyer that the cigarette smoke smell would dissipate is interesting and is a perfect reminder of : – The four corners principle in real estate. – Why one of my favorite answers is, I don’t know, but I’ll find out.” – Would the situation have been different if the buyer had had buyer representation?

…Department of Justice lawyers say that “a customer’s Fourth Amendment rights are not violated when the phone company reveals to the government its own records” that show where a mobile device placed and received calls.

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IndyMac … What?

Courtesy of RealCville : Hey, grab a stiff drink and try not to lose your lunch as you watch the video (linked below) about the bailout of IndyMac Bank, which was seized by the FDIC in June 2008 because it was l osing so much money on defaulting mortgages. The video has a couple of take-aways: it’s often more profitable for certain banks to avoid mortgage modification, and Goldman Sachs controls the financial world has has the Obama administration by the balls is an agent of the Devil makes a lot of $$$$$. And I received an email referencing this video from someone whom I respect asking for my thoughts. … If only there were officials tasked with representing the peoples’ interests, maybe located in a central location where they could have meetings and respond to the demands of the citizens … this sort of thing makes paying taxes offensive and frankly irresponsible.

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Please Google, Bring Fiber to Charlottesville

From now until March 26th, we’re asking interested municipalities to provide us with information about their communities through a Request for information (RFI), which we’ll use to determine where to build our network. More at the Wall Street Journal From TechCrunch : Google owns its own vast network of dark fiber around the globe to connect its data centers, speed up search, and lower its cost of streaming billions of videos a month on YouTube. … It is not clear what Google services will come with a broadband subscription, but it is a safe bet that Google will be the default search and Gmail will be the default email. … Charlottesville has been consistently rated as a top “Digital City” and while I think it’s a bit of a silly designation, why don’t we capitalize and leverage this?

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Sellers, Proof-Read your Realtor’s Ad-Copy!

I wonder how long it will take before this part of the ad is edited.

4 Bdrm 4 bath 4,400 sq./ft. hillside home on 4 plus acres, 7 min. from Middleton. … Fieldstone fireplace, wraparound porch, storm/wine cellar, spectacular room to grow marijuana , open floor plan, elevator and handicap accessible with in-law suite. 2 1/2 car garage with lower level shop. Separate 40′ x 60′ commercial grade shop with loft, office and 3/4 bath.

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