Linda Staples Terry's (lstaples) Blog

A very interesting trend!  The property transfers this week in the Richmond VA metro area/surrounding counties reflects that 24% of all transactions involve a financial institution as either buyer or seller, indicating either a foreclosure sale or REO sale.  This is a SIGNIFICANT increase over th...

A few days ago I was having a conversation with an attorney friend to enlist his help shaking loose a large commission earned over a year ago and not yet paid.  Talk turned to the current economic state of events and he made a great comment that made my day! "Aren't you GLAD, he said, that you sp...

With spring around the corner, what better time to sell rolling hills, wooded valleys, streams and board fencing?  Yes, Tranzon Fox in Richmond is going country!  All of a sudden we have farms on the auction calendar-- and other raw land.  Some of it will be selling without reserve. I have notice...

Friday afternoon I looked at a lovely farm about an hour outside Richmond VA.  It's 180 acres, with about 60 acres cleared and planted in high quality, disease resistant fescue.  Bordered on two sides by small rivers.  The sellers are most anxious to sell and are talking with me about auctioning ...

Yesterday afternoon I went on an interesting appointment.  It was with a well-dressed, college educated man and his two sons who are what I would call mid-scale residential developers.  Back in 2005, when the housing market was still on an upward, expanding trend, they bid for the purchase of 12 ...

It was encouraging to read in the Christian Science Monitor how many large foundations across the nation have been reaching out to help citizens in their own hometowns at the street level to give financial counseling, prevent foreclosures and leverage financing to keep neighborhoods from declinin...

Happy Sunday!   Every Saturday, the Richmond Times Dispatch lists property transfers that have closed in and around the area.  For the past 2 weeks , I have tabulated these statistics from those transactions. Total property transfers listed -                                                       ...

this comment actually made me feel RELIEVED when I heard it the other day after headlines full of QUIMONDA LAYS off blah blah CIRCUIT CITY cuts Jobs STATEWIDE CAR DEALERS are laying off.. LANDAMERICA will close within 6 months WACHOVIA lays off bunches MATTRESS KING files Bankruptcy.... the point...

Mild temperatures and hot bidding ruled the day in North Carolina's furniture capital of High Point.  We offered a 71,000 sq ft retail furniture showroom with a 2008 NOI of $197,500 (many areas dark for at least part of the year). The bidding began by private written bid, with buyers and their br...

This is the first time I have started blogging without a definitive subject in mind!  Well, let's just see where we go and then I'll fill in the title last. I think today's blog will be about dogs. My pooches, Shelley and Gracie, live in a neighborhood full of great dogs!  There's Missy, the Burm...