Virginia Beach, VA Real Estate News

By Mark A. Moore, Virginia Beach Real Estate
(RE/MAX Alliance - Referral Co.)
DEDE MOORE JOINS RE/MAX ALLIANCE! My wife Dede has joined me as a REALTOR with RE/MAX Alliance in Virginia Beach, Virginia.  We are merging her 15 years of corporate sales experience with my 15 years experience in residential sales and management, into a very capable real estate team.  While I have always been committed to providing full-service residential property management for rental home owners, I have also been actively representing buyers and sellers.  I am now approaching 30 quality rental homes that I personally manage, in which I handle all the details of the rental process for both local and absent landlords.With my rental portfolio rapidly expanding in the first half of 2010, Dede comes on board after 10 years as an award winning sales representative for Schering-Plough Corp...
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By Sean Schroeder, Century 21 top producers
(Century 21)
Have you ever sold a home and found yourself wondering why real estate agents charge X percent?  There are several ways professionals, like attorneys and financial advisers charge for their services.  They can charge  a flat fee, a retainer, by the hour or a contingent fee.  Generally in real estate, the norm is a contingent fee or some percentage based on the sale price of the home.  But who is this "norm" benifitting is it one sided or is it a win-win? The traditional percentage base method of selling real estate works on the assumption that the real estate agent/brokerage firm is spending money up front, to advertise the property in order to find a buyer. That same brokerage firm has to also pay insurance, licensing fees ( both agent and firm ), continuing education, gas, signs, webs...
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Also: Become a “FAN” of Breaking Hampton Roads Real Estate and get the latest up to date information on Virginia Beach and Hampton Roads homes. Read more: http://www.dennisblackmore.com/heritage-park-virginia-beach-first-quarter-2009-sales/#ixzz0mG5Om6jg Mathews Green offers luxury real estate in the heart of the southeastern part of Virginia Beach, Va. Read more: http://www.dennisblackmore.com/mathews-green-custom-real-estate-homes-virginia-beach/#ixzz0mG66blOZ The Larkspur real estate subdivision is located in the southwest section of Virginia Beach in the Kempsville school district. These schools include Kempsville Meadows elementary, Larkspur Middle School, and Kempsville High School. Read more: http://www.dennisblackmore.com/larkspur-virginia-beach-real-estate-market-report/#ixzz0...
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By Dennis Blackmore
(Creed Realty)
Think price or cost is the only factor you should consider when buying Virginia Beach Real Estate? The below article by Steve Harney illustrates how Virginia Beach Real Estate buyers need to consider price vs cost. The one point you need to take away from this post is that low interest rates and price still make it a very desirable time to buy Virginia Beach real estate with or without the tax credit. The Price Is the Same, It Just Costs Less by Steve Harney on April 26, 2010 in For Buyers Same Price, Lesser Cost The papers will be full of articles urging homebuyers to purchase a home this week before the Homebuyer Tax Credit expires. The articles will be correct. Getting a home into contract by this Friday, April 30 will enable you to collect on the tax credit. However, it is not just...
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By Ingrid Laine, Loan Officer
(Sun West Mortgage Company, Inc.)
Hello my fellow Virginia Beach AR Bloggers. Does anyone know a respectable handyman/handywoman? They do not need to be the cheapest, but not looking to be taken either. I need one that has refrences and would not make me feel strange leaving them around my family. I have a small list that is growing and growing. If you know of anyone please have them email or call my husband Dave. He is fairly handy himself but works so much to get this list done. He can be reached at dave@IJLMortgage.com or 757-274-7994. Thanks, -Ingrid
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By Captain Wayne - Rowlett Real Estate School, Rowlett Real Estate School / Owner and Instructor
(Rowlett Real Estate School)
Virginia Real Estate Exam Prep, 3rd Edition was written and edited by real estate experts in Virginia. The book features over 200 carefully chosen questions on Virginia Real Estate law and practice, and includes answer rationales. The book is designed to help students master the Virginia specific portions of their licensing exam. Over 200 up-to-date and relevant questions about all aspects of Virginia real estate practice Answer key features in depth rationales to understand how answer is reached Price:  $21.63  Click Here to Order Checkout our Dearborn or REcampus bookstore where there are books covering exam preps, audio CD's, software flash cards and professional development over a wide range of states. The books and educational material are listed in alphabetical order by title. Cl...
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By Naoma Doriguzzi, New Media Director
(Virginia Beach)
I got the wonderful opportunity to volunteer and attend the Norfolk Sertoma Spring Fever 2010 event.  There were 2500 people in attendance at the event and got to meet new folks, catch up with old friends and the entertainment by Butter.  I will definitely be back next year!  Here are a few highlights all taken from my little flip cam!  
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By Chris Faircloth
(Realty Executives)
When I was 22 I bought my first house. I can recall being very stressed about having enough money for all the costs associated with buying a home. I also remember, everyone telling me we "had to" purchase owner's title insurance. My agent at the time told me it was optional, and to be honest had no intention of shelling out more cash for something that was clearly not mandatory. Well, after several long debates, they wore me down and I purchased the "optional" owner's title insurance, but let me say I was NOT happy about it. Years later I went into real estate and realized how very important this "optional" owner's title insurance really was. Clients ask me all the time about it, so... here it goes. When you buy real estate it's important to know whether there are judgements against the...
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By Gene Allen, Realty Consultant for Cary Real Estate
(Fathom Realty)
I have a new king of the backyard birdfeeder.  Last year it was a hawk of some kind.  He could eat the birds.  This raven just likes to sit on top of the feeder and not let anyone else eat.  It is just crazy.    
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By Gene Allen, Realty Consultant for Cary Real Estate
(Fathom Realty)
I found this guy while showing houses in Virginia Beach last week.  Of course I took it with my Droid.  I was using the DROID to navigate and took the picture with the navigation still on.  As an added bonus, the picture has the address, date and time the picture was taken as part of the data file.  How neat is that.
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By House Selling Tips
(DIR-USA.com)
We Buy Houses Virginia: It takes some time before you actually decide to sell your house. Once this is done there are discussions to find out the perfect timing to sell your house. If you apply a little common sense and think practically, the answer is easy to find. If you have a family with kids, you would choose to coordinate your home shifting with the time their school starts. This period would be mostly the summer as you get ample time to settle in the new place and gear up for the fresh academic year ahead. That is why the real estate market is booming in the spring or summer season. It remains like that till the end of fall and gradually slows down during the winter months till January. There are some more reasons why selling a house in winter is cumbersome and not advisable. Win...
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By Erelopro Out of Business, Relocation Professionals are out of business
(erelopro)
It's no wonder that NAR says that, "90% of all buyers used the internet to search." We have seen this first hand, and especially over the last few months. When people relocate to other states, it's a long distance move. These people usually start by researching the city on the Internet. More times than not, they find one of our 1,100+ relocation websites. If they're serious, they'll request help in a possible home purchase. Due to a very large demand, we need a Buyer's Agent in Virginia Beach that is able to assist these prospective home buyers. These families and individuals are wanting assistance from a Realtor, and if you would like to get in contact with them, we need to talk soon. Time is of the essence, and we only need 1 Realtor to be able to contact these people. We NEVER send p...
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By Ingrid Laine, Loan Officer
(Sun West Mortgage Company, Inc.)
In my opinion it's time to buy. Here's why: The odds are quickly stacking up against the "wait and see" option.  First, waiting risks prices going up, and let's face it they usually do go up.  Second, waiting also adds the risk of interest rates going up.  Here are a few examples that quantify the risks of waiting: Example A is our "bird in hand" scenario and illustrates buying today.  Example B is a "wait and see" scenario. Look at what happens if our "wait and see" camp is right and prices do fall 10% but interest rates go up 1%... In this scenario you would still spend more money on the same property.  Then look at Example C and see what would happen if property values and interest rates go up by 10%. Example: •A)     A $500,000 home with 20% down at 5% would have a PITI of $2379.00 ...
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By Drick Ward Property Management / Broker Assoc, "RealtorDrick" - Experienced Representation
(NEPTUNE REALTY)
Kings Grant Virginia Beach Homes don't come on the market too often and when they do, they usually sell rather quickly.  As of today, there are only 26 homes on the market with prices ranging from the just over two hundred thousand all the way up to half a million dollars.  In this neighborhood of approximately fifteen hundred homes, that's about seventeen one-thousandths of one percent; not a bad vacancy rate.  And in the past year, only 46 homes in the neighborhood have been sold.  Once you remove the short sales and foreclosures from that group, the average market time was about two months with about a quarter of them selling in less than one month.  The average market time for the entire city during that period was about two and a half months. When looking for a home, many buyers wa...
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By Gene Allen, Realty Consultant for Cary Real Estate
(Fathom Realty)
I went out this morning to enjoy the fresh air in Virginia Beach and it was snowing at about 60 degrees.  You see the Bradford Pear trees are in full bloom and they are very pretty unless your car is under them.  It was snowing little Bradford Pear petals everywhere down our street in Glenwood.
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By Drick Ward Property Management / Broker Assoc, "RealtorDrick" - Experienced Representation
(NEPTUNE REALTY)
Single family detached condos in Virginia Beach offer an alternative to yard work with the advantages of your own home.  Some condominium complexes are tall buildings with elevators, others are a collection of one or two story units resembling apartments or townhouses where each is connected to the neighbor sharing common walls on one or more sides.  These are often clustered into buildings of four to eight residences.  Generally, those are what someone thinks of when they hear the word condominium.  But a condominium is merely a form of ownership where each unit is deeded separately, but shares an undivided portion of the "common elements" which commonly include parking lots, sidewalks, and yards but may also include clubhouses, pools, parks or recreation facilities.  Because a condomi...
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By Ingrid Laine, Loan Officer
(Sun West Mortgage Company, Inc.)
Many new Realtors and Small Business Owners who cater to Realtors may be new to self-employment taxation. Owing the IRS is no fun. They are only going to get more persistent about collecting now that the US has amassed such a level of debt.  Here are a few guidelines I follow to keep you out of trouble: This may sound obvious to some but here are a couple of ideas... not all ideas... bloggers chime in! Never take money out of your LLC without paying the taxes right then. -no exceptions Keep up on your quarterly taxes. Thinking that you need the tax money right now so you will just pay the IRS later is a dangerous beginning to an IRS and State nightmare. It's not your money, it's theirs, IRS Agents aren't shy about telling you this fact. Try not to file you taxes all by yourself. Use a p...
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By Nannette Turner, Online Marketing Home Ownership Advocate Specialis
(Keller Williams Lynchburg)
Real Estate Market Reports Real Estate Market Research How is the Real Estate Market in YOUR area? All the market trend charts on this page are 'live'. Bookmark this page to watch the market change each week. Want more details? Subscribe to my Real-Time Market Report. It's all about what's going on right now and it's free! VIRGINIA BEACH Real Estate Market (23451) Median Price Subscribe to my VIRGINIA BEACH Market Intelligence report for weekly neighborhood trends. Average Days on Market Subscribe now to learn dozens of VIRGINIA BEACH real estate trends and other important market measures! VIRGINIA BEACH Real Estate Market (23452) Median Price Subscribe to my VIRGINIA BEACH Market Intelligence report for weekly neighborhood trends. Average Days on Market Subscribe now to learn dozens of...
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By Drick Ward Property Management / Broker Assoc, "RealtorDrick" - Experienced Representation
(NEPTUNE REALTY)
Chimney Hill Short Sales are similar to many other communities in Virginia Beach.  Currently, there are 39 properties on the market of which 10 are short sales.  That's over 25% which means there are some good prices to be found. Chimney Hill, a community built in the mid 80's, is conveniently located near the intersection of Rosemont Road and Holland Road in Virginia Beach.  From Chimney Hill, it's approximately 15 minutes to the oceanfront, less than 10 minutes to the downtown, Town Center, and a short drive to most of the area military installations, so Chimney Hill is a great place that many people call home. Comprised of homes in the entry level price range, the homes are mostly vinyl siding exterior one and two story detached houses with one car garages.  The neighborhood also inc...
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By Caroline Huising
(Huising)
Price: $462,500 FIZBER.com ID 15392488 Single Family with 4 bed, 2.5 bath, in 945 Morado Court Virginia beach, VA, 23456 http://www.fizber.com/15392488/ 945 Morado Court - For Sale By Owner Property Details: Type: Single Family Address: 945 Morado Court, Virginia beach, VA, 23456 Sq footage: 2835.0 Floors: n/a Bathrooms: 2.5 Bedrooms: 4 Year built: 1994 View full property details and seller's contacts. View more Virginia homes for sale. Homes for Sale by Owner. Description: This unique Victorian-inspired home is being offered for the first time by the original owners. If you are looking for a home that is above the ordinary- with personality, old world charm, and modern amenities, you owe it to yourself to consider this property. Impeccably maintained inside and out, and winner of mult...
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