Date Archives April 2010

The Importance of Local – In Charlottesville

From the Nest Realty Group blog : I was speaking with a client just the other day who said he was excited to move to Charlottesville because he noticed the wide variety of local restaurants and saw that as a sign that Charlottesvillians supported their local businesses. He said that his current town (which will remain unnamed) is chock-full of chain restaurants and there isn’t much of a local restaurant scene. … Check out the ‘ Charlottesville Scout Promise ‘, which includes this: My goal is to promote local business and help to maintain Charlottesville as a unique and interesting place to live. … So grab a cup of coffee from Mudhouse , a doughnut from Spudnuts and we’ll see you at the City Market this Saturday at 9….

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Friday Charts – March 2010 Home Sales

I suspect that the number of home sales in the Charlottesville MSA will show a slight increase as Charlottesville Realtors update their closings over the next couple days. In the meantime, it seems that sales may be on track with last year. Maybe. The First Quarter Charlottesville area market report is going to be very interesting. [altos_flash_chart st=”VA” cid=”1978951″ zid=”2878485″ rt=”sf” ra=”a,c” q=”t,b” right=”median_inventory” left=”mean_dom” mini=”mean_age” width=”450″ height=”500″ /]

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Charlottesville Short Sales and Buyer Agents’ Responsibilities – Part 2

Fourth – Prepare our buyer clients for what they may run into. (more to come on this) What’s a Charlottesville buyer to do in this market with more and more short sales? – Be patient. – Be aware that there are some things that neither you nor your agent can control . – Be informed . – Be qualified.

…Maintain confidentiality of all personal and financial information received from the client during the brokerage relationship and any other information that the client requests during the brokerage relationship be maintained confidential, unless otherwise provided by law or the seller consents in writing to the release of such information;

…The second section is a protection for the Buyer, should the Seller find out in the course of the transaction that they cannot pay off all indebtedness and need to revert to a Short Sale transaction. Much like how good Charlottesville Buyers’ Agents should be researching a property’s true continuous days on market (quote from a client regarding Days on Market, “The MLS lies” 🙂 ) [ Realtors gaming the MLS ] – Buyers’ Agents should be doing extreme due diligence.

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