Home Buying in 23220 : Questions & Answers

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Sarah Jarvis, Real Estate Pro in Richmond, VA
Sarah Jarvis answered:
Offered accepted on renovated house. No permits had been pulled for new plumbing, electrical, and hvac work. Can I walk away from this deal?
It depends on the level of the work and whether or not the work was done by a licensed contractor. You may also be able to use the financing contingency, depending on what type of loan ... more
0 votes Share Flag Tue Aug 19, 2014 Home Buying in 23220
Reg Potts, Real Estate Pro in Richmond, VA
Reg Potts answered:
How should I compute a fair offer in the fan with listing prices sprinting this quarter and no recent sales to back the LP. 750 sq ft avg condo
If you are not working with an agent, please call me for assistance. The answer to your question demands a more involved response than can be addressed adequately here. You'll want to h ... more
0 votes Share Flag Fri May 24, 2013 Home Buying in 23220
Tina Beasley, Real Estate Pro in Richmond, VA
Tina Beasley answered:
How can I find out what contractors/builders in the area are liquidating/going out of business/or in foreclosure so I can get a new house for less?
Mona,

Hire a competent REALTOR that has experience in dealing with foreclosure properties and construction, like me!

I grew up working in the home building industry and I have so ... more
1 vote Share Flag Wed Apr 27, 2011 Home Buying in 23220
Ryan C. Sanf…, Real Estate Pro in Chesterfield, VA
Ryan C. Sanford Remax-Virginia answered:
How much should a home buyer offer on a short sale?
Hi Marie- That is a great question. The short sale is an art and very few agents are well versed on them in our area. I would first recommend finding a good buyer's agent that has ... more
0 votes Share Flag Tue Nov 23, 2010 Home Buying in 23220
Melissa Save…, Real Estate Pro in 23220
Melissa Savenko answered:
What are the true specific financial advantages for buying a property that offers historic tax credits and city tax abatements?
It seems you are asking this question from the position of the BUYER. If my assessment is correct I have a different answer than above.

Historic tax credits benefit the developer, n ... more
1 vote Share Flag Mon Nov 15, 2010 Home Buying in 23220
Tom Fleming, Real Estate Pro in Midlothian, Richmond,...
Tom Fleming answered:
What are the typical property management rates charged by companies in the Fan/Museum district? Do these companies typically have prenegotiated rates?
George,
Have you had any success in finding a Property Management Company? A friend of mine is starting a Real Estate Brokerage up and he plans to offer Property Management. Being loca ... more
0 votes Share Flag Tue Aug 17, 2010 Home Buying in 23220
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