Realtor Drick's Real Estate Blog
Drick Ward's blog about all things real estate. Call Drick Ward, Broker Associate at Neptune Realty at 757-575-5156 for all of your real estate needs. Serving all 7 cities of Hampton Roads from Virginia Beach.
ARCHIVED BLOG POSTS
2010
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In challenging sales markets, homeowners may consider renting out their home to produce some cash-flow until the market improves and they can again attempt a sale. These accidental landlords are more likely to make mistakes. Watch out for these common mistakes to ensure you don't make them. Cop...
04/27/2010
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If you are a resident of Virginia and want to replace an appliance you currently have with a new energy efficient one, the state is going to help. Visit www.dmme.virginia.gov/arra.shtml for details of the program or to register for your rebate. That's right, a limited number of rebates are avai...
04/25/2010
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This week Suffolk posted an astounding gain of 13% in available foreclosure properties as compared to last week. Chesapeake has 7% fewer available foreclosure properties for the same time period. As expected, the number of bank owned properties that are under contract (with or without contingenc...
04/25/2010
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Mortgage debt collection must change so please write your congressman to ask for it. I'm proud to be an American, but we must change how mortgage debts are collected in our country. Many people have slipped behind in their mortgage payments during these tough economic times and many are choosin...
04/24/2010
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I showed a house recently which was listed by an agent who also owns the property in conjunction with a family member. It's obvious from the comments in the listing, the history of that property, and her ID number issued within the past 3 years, that they buy houses, "rehab" them and try to sell...
04/23/2010
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A home inspection is a common contingency in many purchase agreements today, but some people (including some agents) don't really understand what it's for. It seems that over the past decade, some buyers and their agents came to the mistaken conclusion that a home inspection is the last ditch ef...
04/22/2010
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This week Suffolk posted the largest increase in available REO's with 12% (84 available, up from 75 the prior week) and Portsmouth had the largest decrease in available REO's with 8% (97 available, down from 105 the prior week). If you are looking to buy a foreclosure property (REO) you need an a...
04/18/2010
3167 Silver Sands Circle #102 Virginia Beach, VA Click For Listing Website Click For Interactive e-Tour This spacious first floor condominium in Lesner Point Condos is ready for new tenants July 1st. The gated community features a private beach access and condominium pool with view of the Chesap...
04/17/2010
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416 Pembroke Avenue Unit F Norfolk, VA Click For Listing Website Click For Interactive e-Tour Fantastic one bedroom condo with high ceilings, wood floors, and fresh paint throughout. This stone font building has a large front porch, basement, and fully fenced back yard patio for all the resident...
04/15/2010
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Good point about short sales that every REALTOR should read.A few days ago, I wrote a blog about Shorts Sales & Article 11. It stated, if you don't know how to do short sales, Article 11 of the Code of Ethics requires you to (a) admit your inexperience to your client and bring in someone with ex...
04/14/2010
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