Posts tagged albemarle real estate

Old Trail Sales Up Year over Year. Really.

Inspired by this article in the Crozet Gazette , NBC 29 reported yesterday that home sales in Old Trail Village are up significantly this year . It’s not spin , it’s true , backed by data (see below). I have clients who saw the value in Old Trail (and I’d like to have more 🙂 ) I’m through Old Trail nearly every day and I have been tracking the progress made on the townhomes built by Craig Builders … I find new construction – the pace, the timeline, the fact that a bazillion pieces get put together and they happen to result in a house – fascinating.

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Nothing Better than Fresh-Picked Strawberries from Crozet

There’s nothing better than a morning at the orchard with the family, picking strawberries, drinking fresh strawberry milkshakes … Seriously good strawberries from Chiles Orchard in Crozet .

… We’re lucky to have so many local orchards in the Charlottesville area ; making time to take advantage of them is the challenge. Further, now farmers in Albemarle are more free to sell their goods .

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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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Charlottesville Short Sales and Listing Agents’ Responsibilities – Part 1

If I were a buyer and saw potential short sale/foreclosure, I would probably move on to some other property given the amount of time I hear it takes to complete a short sale. … The Charlottesville MLS now has a required field from which Realtors much choose one of the following when inputting a listing: – Standard – Lender Owned – Short Sale (of 2323 active listings, 53 are noted as being short sales … this seems ridiculously low ) Short sales take longer – in everything, they take longer . … Let prices fall until the goods find a buyer.    The question in the first paragraph was posted on a conversation at the Charlottesville Bubble Blog , and it is very pertinent question, particularly as short sales are becoming more and more a part of the Charlottesville* real estate market.

…Buyer Agents would be wise to put language in the contract that ensures the Buyer’s contingencies (such as home inspections) do not begin until approval from the Lender to proceed at the current price.

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