Subprime mortgages poised to attack
What is happening, what is about to happen, and more importantly, what will the impact be on the Charlottesville area real estate market? If there was some way that I could determine and assess what percentage of loans written in the Central Virginia area were…
All properties have to go in the MLS?
I was at a trade show this week, and besides having much to contemplate with regards to whether to switch brokerages in the future, I learned a bit, too. In one class, agents were talking about how they send buyer clients automated emails when new…
Request for stories from buyers or sellers in Charlottesville
Do you have a good story? Have you bought or sold a house in the Charlottesville area and have a story to tell? Do you have any tips that you would like to pass on? If so, please contact me and I will post your…
Home inspections, eminent domain and education
HB2011: Residential Property Disclosure Act; amends required residential property disclosure statement This is one of the bills that may have the most impact on buyers and sellers of real estate in Virginia. Currently, there are two forms from which to choose when selling a home…
How to market a very personal property
I generally don't blog about my listings. I have, on occasion mentioned one or two, but I don't think that this blog is the place for talking about properties I am marketing. If you want to search for homes in the MLS, (here are a…
Questions to ask your agent in Charlottesville
Do you have any Broker oversight? What is a kick-out clause? (More on this in a future post; if they don't know, show them the door) Do you have another job? What hours are you available? (Currently I am working with an agent who is…
Sold comps now matter less
Time was when I would tell clients that the sold comps were what we had to consider, as that is what we used to justify the asking price. Times have changed. Significantly. Now when pricing a home, we have to consider the sold comparable homes…
Homes are selling in Charlottesville!
Believe it or not, houses are selling in the Charlottesville area. It may not feel like it due to the significant amount of inventory currently on the market. Between 1 September 2006 and yesterday, 27 January 2007, 1188 properties were listed in the MLS (*975…
Disclosures versus Disclaimers – caveat emptor to a lesser degree
What's the difference? Why choose one over the other? Soon, this question may be moot, as there is a bill in the General Assembly (HB 2011) that will essentially combine the two forms. For as long as I have been in the business, we have…
Real estate photographers in Charlottesville area?
I'm looking to find the best ones in the area and compile a list in one place - perhaps here, even. - Are you a real estate photographer with a portfolio online (like this one)? - Are you a Realtor who has used one (or…