Swanson, Information Specialist) The TDR concept is far too complex to be encapsulated in one (or six) blog posts; it’s a tool that could affect growth management and grown in the Charlottesville and Albemarle region. A much-too-simplistic definition of TDRs – selling development rights from rural areas into a “receiving area” which is ostensibly in the “growth area” and effectively downzoning and preserving rural areas. … Pruetz’s and Standridge’s evaluation of the factors that differentiate the successful programs from those that have not been able to meet their stated goals could help local leaders determine whether Charlottesville-Albemarle has the right conditions and aspirations for a successful TDR program. … Albemarle County Supervisor Dennis Rooker (Jack Jouett) has said that in his own research he was not able to find any well-functioning TDR program that did not also include a down-zoning.
FAQ
AKA: Stupid Real Estate Questions. Please bear with me, I’m testing something.
Twitter Week in Review
Reviewing my tweets from the past week … because I want the content to live on my blog as well as Twitter’s. They’re my words, after all … Don't make others' networks your sole – or primary – home online. http://bit.ly/5L3nK9 # I played with an HTC hero a little bit last night. Enough to make me curious, but not enough to switch from my…
Problem Fixed
Whew. After many days of searching for a solution to the display problem on my search for Charlottesville homes page , I finally deduced the problem – a conflicting plugin. So …. feel free to search for homes again. 🙂 Needless to say, this issue caused me great heartburn, as I know quite a few people research MLS listings here. Thank you for your patience, and thanks to my friends who helped me get to the solution.
I’m an Associate Broker in Virginia. So What?
In Virginia the basic requirements to obtain a real estate license are 60 hours of education, don’t have a felony conviction and be at least 18 years of age. … (Colorado, North Carolina are broker-only states, and each state has wildly different licensing requirements) One of our core philosophies at Nest Realty Group is that we have high standards for our agents, so much so that we wrote this belief in Nest’s Core Philosophies – a Manifesto if you will (more to come about these beliefs over the course of 2010).
…A lot of people talk about raising the bar within the real estate industry; I have for many years: – Move Off The Blogs to Change NAR – If A Realtor is Unethical in the Woods – But, We’re ALL Ethical!
…Experience Verification Forms verifying that the applicant has been actively engaged as a real estate licensee for at least 40 hours per week during 36 of the 48 months immediately preceding the date of application.
Changes coming to Forms Home Buyers Use
I know this – my buyer clients will appreciate being able to compare Good Faith Estimates from lenders on “apples-to-apples” forms … And make it easier for me to help them identify junk fees.
…Daily interest charges This charge is for the daily interest on your loan from the day of your settlement until the first day of the next month or the first day of your normal mortgage payment cycle.
…In the past a borrower would receive a GFE with a different format from each lender that they visited —- each having a slightly different set of disclosed loan terms, or vocabulary for referencing such terms.
… On January 1, 2010, HUD will require that lenders and mortgage brokers provide consumers with a standard Good Faith Estimate (GFE) that clearly discloses key loan terms and closing costs.
Strategic Defaults – Wrap up from last weekend
I think we’re going to see more and more of these so-called strategic defaults in the Charlottesville area. … I hate being a cop-out, but I’ll stick with my standard answer of “we’re not going to know how good or how bad the Charlottesville real estate market is until we have the benefit of hindsight.” Suffice it to say, I suspect we’ll see more of these so-called “strategic defaults” in 2010.
… Part 1- Quick Update on the Charlottesville Real Estate Market Part 2 – Short sales and Foreclosures in Charlottesville Part 3 – Homebuyer tax credit in 2010 – Who’s Eligible?