Norfolk : Advice

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Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
If I sell my house which I currently have an FHA loan that was refined 6 months ago, are there penalties and can I buy my next house FHA?
if you don't have a pre-payment penalty spelled out in your loan papers than probably not.

why not call the lender and ask them directly?
0 votes Share Flag Sun Jan 17, 2016 Home Buying in Norfolk
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
FHA loans, can I get one after I sell what I have now?
absolutely. You can't have 2 FHA loans at one time, but once you sell the current home and pay off the loan you can get another one no problem.
0 votes Share Flag Thu Jan 14, 2016 Home Buying in Norfolk
Beautyful30yo, Other/Just Looking in Norfolk, VA
Beautyful30yo answered:
How safe is this neighborhood?
I've lived in Park Place since 2004. I don't have anything bad to report besides what you may see on the news or in the paper. I keep to myself and I don't go out at night unless I trul ... more
0 votes Share Flag Wed Jan 6, 2016 Crime & Safety in Park Place
Octavia Lewis, Renter in Greensboro, NC
Octavia Lewis answered:
I have a house in Colonial Place in Norfolk VA. My question is how can I find a good realtor agency who can help me to put this property for rent?
Sara Harrison is a really good agent. I worked for her years and even rented from her when I first moved to the area. her contact number is 757-623-2500 for Long & Foster Realty

Oc ... more
0 votes Share Flag Fri Jan 1, 2016 For Rent in 23508
Scott Daniels…, Home Buyer in Woodbridge, VA
Scott Daniels Wightman answered:
Looking for a mid-century modern home or close to that 50's/60's retro style ranch home. Any pointers?
Looking for a place like that as well. We are thinking of moving from the traffic nightmare and sky high house prices of Washington DC. Just need to know they exist down there and are ... more
0 votes Share Flag Tue Dec 22, 2015 Home Buying in Norfolk
Frank Bigans…, Real Estate Pro in Newport News, VA
Frank Biganski answered:
Does anyone have any thoughts on what home values in Park Place are going to do in the next few years?
Dear Liz,

In my opinion, our market has basically leveled-out and the values will be there in 3-4 years from now, but the home will not appreciate so much that it will pay for your a ... more
0 votes Share Flag Wed Nov 25, 2015 Home Selling in Norfolk
Robert Pickl…, Real Estate Pro in Newport News, VA
Robert Pickles answered:
It seems the Norfolk, Va area real estate market is depressed and prices are markedly below the 2006 high levels. Is it because of flooding concerns?
Hi,

I think, that most prices in the area, and across the country, are below the bubble highs. This is more of a factor of the economy, and not Norfolk's many areas that are low lyi ... more
0 votes Share Flag Tue Nov 17, 2015 Home Selling in Norfolk
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
I have been browsing condos. Due to my age and mobility that's the right choice. My issue is HOA fees. I have seen some large fees and I
You need to compare what the condo fee covers. Some buildings have a lot of amenities - the more amenities (pool, gym, concierge), the higher the condo fee.

At a minimum, the condo ... more
0 votes Share Flag Thu Oct 22, 2015 Home Buying in Norfolk
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
Does the seller get paid with a cashier's, or certified check?
I've only seen certified checks, never a cashier's check. Doesn't mean it doesn't happen though. Most common these days are wire transfers. Even with a certified check, some banks will ... more
0 votes Share Flag Thu Oct 1, 2015 Home Selling in Norfolk
Dawna Sikes, Real Estate Pro in Norfolk, VA
Dawna Sikes answered:
How's the rental situation for this complex? I'm looking to invest.
Hi Jlteng,

Which complex are you asking about? If you can give me a little more information, I would be happy to answer your question. I can also send you property reports that match ... more
0 votes Share Flag Tue Aug 25, 2015 Home Buying in Norview
thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
Where can I find historical market value for Property value rental income for a long-term analysis (10 year history)?
Good Morning...thanks for all your service! My recommendation is to look at the following links -
http://www.trulia.com/guide/home_selling/before_selling/finding_the_market_value_be ... more
0 votes Share Flag Thu Aug 6, 2015 Market Conditions in Norfolk
Dawna Sikes, Real Estate Pro in Norfolk, VA
Dawna Sikes answered:
Any property managers willing to rent? Relocating to Hampton Roads area with recent Chapter 13 discharge.
Hi Mirari,

Have you made it to our area yet? I am sorry to hear about your chapter 13 situation. Finding a nice rental might be difficult, but not impossible. There are people who wi ... more
0 votes Share Flag Sun Aug 2, 2015 Rentals in Norfolk
Dawna Sikes, Real Estate Pro in Norfolk, VA
Dawna Sikes answered:
property at 342 dorwin dr norfolk,va. has been vacant for over a year. was for sale ,listed several times, who owns it and is it still for sale
Mr. Manley,

I see you asked this question years ago, but I wanted to let you know 342 Dorwin Dr. in Norfolk is currently for sale for a listing price of $410K. If you are still inte ... more
0 votes Share Flag Sun Aug 2, 2015 Home Buying in 23502
Dawna Sikes, Real Estate Pro in Norfolk, VA
Dawna Sikes answered:
I'm trying to find a 2 story Mid Century Modern Home in the area So far from a seach I'm only seeing ranch styles.....and I don't want a ranch
Hi Scott,

If you are not yet working with a real estate agent, I can definitely help you. I am a Realtor with Long and Foster in Norfolk, VA. I would love to hear more about what you ... more
0 votes Share Flag Sun Aug 2, 2015 Home Buying in Norfolk
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
How does someone go about selling an older home that's been in a family for years and has furniture and closets full of stuff.?
A really Good Realtor can sell almost any house! it's just a matter of pricing in right for the location and market and getting the marketing going to the right buyers.
It's easier ... more
0 votes Share Flag Fri Jul 31, 2015 Home Selling in Norfolk
Cait Mertens, Renter in 23452
Cait Mertens asked:
Anything out there that's month to month?
0 votes Share Flag Sat Jul 4, 2015 Rentals in Norfolk
Leonajulli, Home Buyer in Fort Worth, TX
Leonajulli answered:
There there advantages to for not escrowing my homeowners insurance.
It all depends on how much you pay for taxes and insurance each year relative to the size of the loan. Unless you have a significant bill it will take a long time for the interest you e ... more
1 vote Share Flag Thu Jun 11, 2015 Financing in Norfolk
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
What is the maximum amount of units I can get a residential owner occupied loan on? VA, FHA or 203k..... 3-6 units?
4 is the max for any type of residential loan
Over 4 is considered commercial
0 votes Share Flag Tue May 19, 2015 Home Buying in Norfolk
Roy Anderson, Home Buyer in Key West, FL
Roy Anderson answered:
Non-livable home, 40k estimated repairs just to get move-in approval. Wanting to offer 100k - listed at 189k.
Consider looking at the city assessment, which should show the value of the land and the value of the improvements (the house itself). Subtract the rough estimate of 60k from the value ... more
0 votes Share Flag Mon May 4, 2015 Home Buying in Norfolk
Roy Anderson, Home Buyer in Key West, FL
Roy Anderson answered:
What is the cash reserve requirement for a 100% conventional loan with NFCU?
Obvious answer, but just call them up and ask a loan officer this question. :) You will find out sooner or later. It might as well be sooner. Then post back here with the answer! I'm su ... more
0 votes Share Flag Mon May 4, 2015 Home Buying in Norfolk
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