All About Virginia Real Estate

By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
Maybe you’re getting ready to move for a job or to be closer to family. Maybe you need more space, so you’re moving up to a bigger house. Maybe you just want to take advantage of the rising value of your home. Whatever your reason is for selling your home, these tips will help you start the process with confidence.There are steps you can take to help bring in more offers and get your house sold faster. We will cover the best tips for selling and advice for how to decide what should you spend money on so that you can get a higher offer on your home. Research Your Local Housing MarketThe first step to selling your home is to be sure it’s the right time to sell your home in your market. Every area is unique and has its own nuances when it comes to real estate. Just because you hear the hou...
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By Larry Atkins, Veteran Owned & Operated
(State Wide Realty Co.)
Virginia's Tax Free WeekendAugust 5-7, 2022 Need Some Good News? Well it is that time again for TAX FREE shopping on school supplies, hurricane preparedness items, and energy saving appliances. The Virginia Assembly voted to merge the sales into one TAX FREE weekend to be held on the first weekend of August each year. Please visit https://www.tax.virginia.gov/virginia-sales-tax-holiday for more information on what is included in the sale.State Wide Realty proudly serves South Central Virginia and has been #1 in Real Estate Sales for this area for DECADES! Call Us to help you find your dream Virginia Property at 434-392-6163 or visit our website at www.VaStateWideRealty.com today!311 East Third StFarmville, VA 23901434-392-6163www.VaStateWideRealty.com 
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By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
There’s been a lot of talk about mortgage interest rates over the past few years. Throughout 2020 and 2021, rates dropped to record lows, linked mainly to the economic uncertainty felt worldwide amid a public health crisis.As the coronavirus became more manageable with vaccines and precautions in place, the economy started to rebound. Now, interest rates have started to rise as financial markets have rallied around that economic recovery.All of these ups and downs might leave you wondering – what factors really play into how mortgage interest rates are determined? It’s an intertwined combination of market factors, your personal credit profile, and your loan program. We break it all down for you here.Market Factors That Affect Interest RatesThe biggest contributors to mortgage interest r...
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By Jim Flauaus, Your Tax Problem Solver
(Anchor Tax Relief LLC)
Unpaid payroll taxes are a serious matter to the IRS and are some of the worst kind of back taxes you can owe.  If you’re a Realtor with a payroll tax problem, read on to learn what you can do to avoid the IRS crippling your business or worse, shut your business down completely.  Already in payroll tax trouble? Contact us to schedule a free, no-obligation consultation and let’s get your payroll tax issue resolved.https://anchortaxrelief.com/contact-us/Why Real Estate Agents and Brokers Get Into Payroll Tax Trouble In The First PlaceIt’s hard being a small business owner today, trying to pay your employees their paychecks every week, and pay the IRS all those payroll taxes!  A lot of times when money is short, you pay the employees first.  It’s a natural thing to do—you need to take care...
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By Robin Gauthier, I have the Key to your NextHome
(NextHome Tidewater Realty)
Ocean Lakes is located in the Strawbridge area of Virginia Beach.  This neighborhood has approximately 2000 single family homes and townhouses that were built in the mid 1980s.  The average square footage of the homes is 1715 and the average property turnaround in 10 years.   Upton Farms and Pine Meadows are nearby neighborhoods.  The children in this neighborhood attend Ocean Lakes Elementary, Coorporate Landing Middle, and Ocean Lakes High schools.  There are currently 5 homes for sale in Ocean Lakes.  Eight homes are pending closing.  In the past 6 months 54 homes have sold in this neighborhood.  The median market time is only 6 days.  The median list price is $374,896 and sales price is $382,068. Don't hesitate to text, call or email me with any question on the below homes for sale ...
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By Jim Flauaus, Your Tax Problem Solver
(Anchor Tax Relief LLC)
Even for honest taxpayers, the IRS can be extremely frightening.  Unlike most other government agencies, the IRS has unbridled power to attach your wages, freeze your bank account and even confiscate your property, and that is enough to send a chill up the spine of any Realtor!! If you receive a letter from the IRS saying that you owe additional taxes, it is important not to panic. It may be a frightening situation, but there are things you can do to settle your tax debt and get back on the good side of the IRS.  Realtors do have options when resolving tax disputes and paying additional taxes due, and simply knowing what those options are can set your mind at ease.  As an expert Tax Resolution Firm, we encourage all real estate agents, brokers, or investors facing a tax problem, whether...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Checking the status of the housing market this week? Wondering what the numbers are, and if it's still good to sell your home or buy one for you and your family? Look no further - here's for this week's Northern Virginia Real Estate Market Report!Make sure to follow and turn on notifications for more updates like this in the future. Let me know what you think about this week's market status by commenting below!Have any questions? Let's team up -- DM me or call (703) 625-4949 for more.
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By Robin Gauthier, I have the Key to your NextHome
(NextHome Tidewater Realty)
I represented my buyers in the purchase of this home in the Upton Estates neighborhood of Virginia Beach, VA. This 4 bedroom 2.5 bathroom home features 2,230 square feet and sold for $450,000. Upton Estates consists of approximately 300 single family homes that were built from 1986 until 1994.  It is located off of Old Dam Neck Road near the General Booth intersection in the Strawbridge area of Virginia Beach.  The median size of a home is 1,525 square feet.  The median size of a lot in this neighborhood is .16 acre.  The children in this neighborhood attend Ocean Lakes High, Corporate Landing Middle, and Ocean Lakes Elementary.  Ocean Lakes and Pine Meadows are nearby neighborhoods.There are currently 3 homes for sale in Upton Estates.  6 homes have sold in Upton Estates in the past 6 ...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
In this year's Top 15 Richest Counties in the USA, Northern Virginia has secured four spots this year -- another feat for NoVa!#8 - Arlington County, VAThe eighth-richest county in the country is Arlington County. It is located in Virginia, the state with the lowest unemployment rate in the union. There will likely be 200,000 new employment, and the County's typical household income is $120,071.Some of the largest employers are the federal government, local governments, the technology sector, the food sector, and services. According to Business Week, Arlington had one of the best odds of surviving the crisis in 2008.#5 - Fairfax, VAThere are 1.2 million people living in Fairfax County, which is a part of the Commonwealth of Virginia.With an average household income of $124,831, Fairfax ...
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By Robin Gauthier, I have the Key to your NextHome
(NextHome Tidewater Realty)
 Mt. Pleasant Heights is located in the Hickory area of Chesapeake.  This neighborhood was built in the 1980's.  There are approximately 247 single family homes in this neighborhood with the average size being 1884 square feet and the average yard being on .3 acre.  Etheridge Lakes and Poplar Ridge are nearby neighborhoods.  The children in this neighborhood attend Butts Road Primary, Butts Road Intermediate, Hickory Middle, and Hickory High schools. There is currently one home for sale in Mt. Pleasant Heights at 832 Priscilla Lane. The are 2 homes pending closing at 904 Glenda Crescent and 901 Priscilla Lane. In the past 6 months the below homes have sold in Mt. Pleasant Heights.I am eager to sell more homes in this neighborhood.  If you are interested in buying or selling a home, don'...
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By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
So, you’re ready to start investing? You’ve probably saved some money, and you’re well aware that you’re better off investing that capital than letting it sit in a bank account. But the struggle is figuring out the right strategy for you.How can you be sure you’re making a smart investment? What should you know about the industry before diving in? These are questions many new investors ask themselves about any venture they’re considering.Many of us have heard that you can’t go wrong investing in real estate. But you might wonder if that’s true and why that is. Is it really a wise bet for your money? We will break down why real estate investment is considered one of the best ways to build generational wealth, how you can get started in buying property, and what you’ll need to plan for to...
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By Robin Gauthier, I have the Key to your NextHome
(NextHome Tidewater Realty)
Just Sold in Sanderson Estates in the Hickory area of Chesapeake, VA. I represented my buyer in the purchase of this new construction home, featuring 4 bedrooms, 2.5 baths and 3,025 square feet. This home sits on 3 acres and is in the sought after Hickory school district. It sold for $738,317.Homes are still being constructed in Sanderson Estates by Kirbor Homes.   The plan is for 100 single family homes on 3 acre lots.  It is located near the corner of Cedarville Road and Sanderson Road.There are currently 8 homes pending closing and 8 homes that have closed in Sanderson Estates.  There are currently 9 homes/lots available for new owners. I am eager to sell more homes in this neighborhood.  If you are interested in buying or selling a home, don't hesitate to contact me today! I am happ...
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By Ritu Desai 703-625-4949, Northern Virginia,Washington DC & Maryland Realtor
(Samson Properties)
Waiting for the next big thing in Ashburn? Look no further and check out Ashbrook Place in Ashburn, VA, now available for buyers! With low maintenance townhome-style condominiums in the prime location of Loudoun County, and a great, secure neighborhood, this is definitely something to look forward to. These new townhome-style condos feature private garages, rooftop terraces, and Designer Inspired finishes that every home owner will surely love.There are two models to choose from:The Tessa Condominium House Type Starts at 1573 Sq Ft 3 bedrooms 2 bathrooms 1 half bath Starts at $559,990 The Julianne Condominium House Type 3 bedrooms 2 bathrooms 1 half bath Starts at $634,990 And they are all nearby these locations: One Loudoun Ashbrook Commons Shopping Center Belmont Chase Dulles Town Cen...
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By Larry Atkins, Veteran Owned & Operated
(State Wide Realty Co.)
House For Sale: Prince Edward Co.167 Pine Crest Dr Rice, VA 239663 Bedrooms~2 Baths~1,590 Sqft.~3.29 AcresHOME SWEET HOME!!! When a home is loved, it will speak to you. This charming home is nestled on 3.29 acres in a country setting, and it features an open floor plan with a master suite, two additional bedrooms, a second bathroom, a living room with a fireplace, a dining room, a kitchen, and a utility room. The back deck welcomes you. It is great place to sit and have your morning coffee or afternoon tea while enjoying the view. It also has a two car garage. In addition to all this, each property owner has the right of the use of four lakes in the subdivision. It is convenient to Farmville and Richmond. Call for your appointment to see it today! MLS#48966$169,900View Photos, Maps & Mo...
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By Cathy Valdiviez Baumbusch, I'm Cathy. Agent Cathy.
(eXp Realty)
Where to Watch Fireworks in Northern Virginia           Vienna Fireworks Celebration, Vienna, July 1 Lake Fairfax Fourth of July Celebration, Reston, July 2 Workhouse Arts Center Fourth of July Fireworks, Lorton, July 2 Annual Independence Day Parade and Fireworks, Fairfax, July 4 – 5 4th of July Hometown Celebration, Great Falls, July 4 Herndon 4th of July, Herndon, July 4 July 4th Fireworks, McLean, July 4 Star Spangled 4th, South Riding, July 1 4th of July Celebration, Sterling, July 1 Lansdowne Resort Celebrates America, Leesburg, Jul 2 Leesburg’s Independence Day Celebration, Leesburg, July 4 Ashburn Village Fireworks, Ashburn, July 5 Mount Vernon, An American Celebration, Alexandria, July 4 Alexandria and USA Birthday Celebration, Alexandria, July 9 Celebrate America, Manassas, J...
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By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
Who Qualifies for a VHDA Loan?Purchasing a home is a big life achievement for many people. That’s because it takes plenty of time and saving to be able to afford a down payment. Luckily, there are plenty of government resources to help expedite that process and make it much more affordable.If you are planning on purchasing a home in Virginia, the Virginia Housing Development Authority (VHDA) works with lenders in the state to make homeownership achievable for residents. First-time homebuyers can take advantage of programs like down payment grants or federal tax breaks that allow access to affordable, 30-year fixed-rate mortgages. Eligibility RequirementsThe eligibility requirements for VHDA loans vary depending on your unique situation and the type of funding you need, however, there ar...
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By Robin Gauthier, I have the Key to your NextHome
(NextHome Tidewater Realty)
Indian Lakes is located in the Salem area of Virginia Beach.  There are approximately 2400 single family homes, townhouses, and condos in this community.  The average square footage of the homes is 1538 and the average year built is 1980.  This community is located off of Pleasant Valley Road and Ferrell Parkway.  Salem Woods and Glenwood are nearby neigbhorhoods.  The children in this neighborhood attend Providence Elementary, Salem Middle, and Salem High.  There are currently 10 single family homes for sale in Indian Lakes.  Four homes are pending closing.  In the past 6 months 55 homes have sold in Indian Lakes.  The average sales price was $338,965 and the average market time was only 16 days.  I am eager to sell more homes in this neighborhood.  If you would like to receive monthly...
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By Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES
(Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC)
ALEXANDRIA VA JUST SOLD CONDO-6300 STEVENSON AVE #122 ALEXANDRIA VA 22304This Alexandria VA two bedroom,two bath condo was sold on June 13,2022. My buyer client was a referral from a Las Vegas NV Real Estate Agent that I connected with through Facebook. The home buyer was relocating from Las Vegas NV along with his family to Alexandria VA for a new job. Unfortunately he had a bad experience with Navy Federal Credit Union. The appraisal came back $15,000 under our offer price even though I provided comps three times that supports our offer at $280,000. The appraiser refused to use the comps that I sent to him. Unfortunately my client had to use proceeds from the sale of his house for sale in Las Vegas NV to complete the purchase of his Alexandria VA Condo. This is no way to treat our Vet...
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By Lisa Perry - NMLS # 276329, Northern VA - VHDA, 100% Loans - Jumbo Loans
(FHA, VA, Jumbo, Downpayment Assistance, Conv.)
How Much Should I Plan to Spend on Renovations?The range for home renovation budgets varies just as much as home sale prices do. How much you spend on your renovations usually depends on two factors: what you’re renovating and how much you can afford.In the first step of your home renovation budget planning, we discussed prioritizing the areas of your home that you’d like to upgrade. With those priorities in place, you can begin estimating the cost for each part. Usually you can do this through a quick online search, by talking with your real estate agent or a trusted advisor, or by giving contractors a call directly.Then, once you have an estimate for each part of your renovation project, you’ll be closer to an estimate of how much your renovations are likely to cost overall. That’s wh...
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By Larry Atkins, Veteran Owned & Operated
(State Wide Realty Co.)
Reduced Price! Prince Edward Co2586 Five Forks Rd Pamplin, VA 239583 Bedrooms~2 Baths~1,700 Sqft.~2.004 AcresBeautiful home with a waterfront view nestled away on 2.004 acres in the middle of a 200 acre farm. Dreaming of starry filled skies and peace and quiet, this is the place for you! Both of the adjoining properties will be in conservation easements. It can be you here having your morning coffee or afternoon tea enjoying the bucolic view from the front porch or the waterfront view from the back deck. This home is almost like new (new paint, new flooring, etc.) and features an open floor plan with living room, kitchen and dining area, great for family gatherings. The master bedroom is on one end of the house and offers double sinks, a large walk-in closet, and a linen closet, and the...
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