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Home Selling in Richmond County : Real Estate Advice

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Activity 29
Tue Oct 16, 2012
Phyllis Smith asked:
Tue Aug 13, 2013
Betty Hesaltine answered:
0 votes 15 answers Share Flag
Wed Mar 7, 2012
Barbara Reagan answered:
Hello, Bpweems,

This is definitely a question you should ask your tax accountant, or even the IRS helpline. There will be some deductions, but what is allowed to be deducted on your taxes and what is not is a question that only a tax accountant should answer for you.

Good luck. Feel free to let me know if you have any other questions. Have a great day!

Barbara A. Reagan
Long & Foster Realtors
804-869-1191
BReagan2@gmail.com
... more
0 votes 2 answers Share Flag
Sat Jun 16, 2012
Heather O'Sullivan, Broker answered:
There are many easy answers I could give you;
*Kitchen
*Baths
*Fresh Paint
The truth is that each home & each market (location/sublocation) are different. The best advice I can give you is to call one of your local REALTORS. It is best to have them come do a walk thru of your home as it is today. Give you advice on what it is currently worth and then give you a list of items to either improve or upgrade that would increase your properties value for the buyers in your market.
There are always trends as to what is the hot item that buyers are looking for in a home right now!
Don't spend any money until you have a FULL TIME, PROFESSIONAL REALTOR advice you first.
Many times we go to our listing appointments to find that our sellers have spent money on areas that will not increase value or desireablity and will not be able to make that money back.
Best of luck to you! If you happen to be in the Richmond, VA housing market - feel free to contact me. Heather O'Sullivan Long & Foster Strawberry Street 804 514 3197
... more
0 votes 3 answers Share Flag
Wed Jun 18, 2014
Tina Beasley answered:
Maria,

This site is for agents to market their properties on. You will reach very few investor buyers in this forum. If you decide to work with an agent to help you market this property, I am available to help you. Good luck!

Tina Beasley
Associate Broker
Envision Real Estate, LC
804-972-9927
... more
0 votes 14 answers Share Flag
Thu Feb 16, 2012
Phil Rotondo answered:
If you list your property with a Real Estate agent it automatically gets listed here.
0 votes 5 answers Share Flag
Thu Feb 16, 2012
Lauryn Eadie answered:
Justin,

Being foreclosed on will NOT help you problems. If the bank forecloses on you they can come after you for the difference in the price they sell the home for and the amount you owe on the mortgage, and possibly the fees that it cost them to foreclose. I believe they have up to 7 years to do so. Before you make any decision on the property you should first contact your bank and see what options may be available for you.
2nd: you should contact a financial planner and a tax advisor to see how any move made could affect your future. You can also speak with a bankruptcy attorney and a loan modification company to gather more information.

It is not just a matter of walking away from the home, there are tons of implications to consider that could affect your families future.

It is a tough situation, that many families are in and unfortunately there is no easy solution.
... more
0 votes 10 answers Share Flag
Thu Feb 16, 2012
Vicky Chrisner answered:
Talk to your agent and read your contract. If the contract was contingent on financing, then you reasonably should have known that this was a possibility. If it was not contingent on financing, then you maybe entitled to the deposit and/or other damages. ... more
0 votes 9 answers Share Flag
Thu Jun 23, 2011
Ryan Sanford answered:
Hi Jennifer- Your speaking of two separate things; An apraisal and your assesment. Your assement is what the county bases your taxes and on and does not affect your value of your home. I have seen homes sell for well above assement as well as well below. The market will dictate what the value of your home is. ... more
0 votes 5 answers Share Flag
Mon Jun 13, 2011
Debra B Albert PA answered:
Lex,

Absolutely!! Counter both offers...just make sure that you do not SIGN 2 offers.

Negotiation is the most fun part of making a deal work. Both parties will get some and give some. It is just part of the process.

Everything is negotiable, the price, the terms, the closing date...everything.

Best of Luck to you!

Debbie Albert, PA
Keller Williams Treasure Coast
St. Lucie West
... more
0 votes 14 answers Share Flag
Sat Jun 11, 2011
Tim Moore answered:
There is no way to sell a house FAST without doing an aggressive price valuation to make it sell fast. Unless you sell it yourself you should be prepared to pay some company a commission to sell it for you. There are people who will buy your home too, but understand they are not going to give you anything near top dollar, more like 70% of its value - but its sold. If you have a lot of equity this can work, if you have no equity or if the house is worth less than you owe, then you are going to have to go the short sale route. ... more
0 votes 5 answers Share Flag
Sun Nov 20, 2011
Don Maclary answered:
Sat Dec 18, 2010
Michael Myaouenuh answered:
Please call me when you have a chance

To your success,

Michael MYAOUENUH
Century 21 New Millennium: #1 Firm in the US
Cell: 202 704 1249
Fax.: 202 204 8419
5990 Kingstowne Towne Center/ Alexandria, VA 22315
Email: michael.mya@mris.com
Licensed Realtor®/ NAR
English – Spanish - French
"It only costs you to get the Best Deal
when I negotiate for you."
... more
0 votes 21 answers Share Flag
Wed Oct 6, 2010
Sergio Hernandez answered:
If the property is priced better than others without the busy road challenge, it may represent a golden opportunity to someone looking for a great deal to buy.
0 votes 11 answers Share Flag
Sat Aug 28, 2010
Courtney Gore Smith answered:
LMBO at the end of your comment, not sure about the type of agreement you signed but if its not working, send the broker a notice of termination, and move on.
0 votes 11 answers Share Flag
Fri Mar 11, 2011
Dp2 answered:
You need speak with that agent's broker, and if that doesn't work, then speak with an attorney.

Actually, you do have other options besides doing a short-sale: deed in lieu, seller financing, etc. ... more
0 votes 16 answers Share Flag
Thu May 20, 2010
Michael Bannett answered:
Call their broker. Voice your displeasure. Ask to improve the working relationship. Give them a chance to fix the problem, if not ask for a termination of the listing contract and then find another agent who comes highly recommended from other people you know and trust! ... more
0 votes 13 answers Share Flag
Tue Nov 26, 2013
Mason Packard, ABR, GRI answered:
Certainly, Contact me at 877-360-3636. Do you have a buyer or seller in the Richmond, VA area?

Mason Packard, ABR, GRI, Realtor
Long and Foster Realtors
877-360-3636

*Licensed in the Commonwealth of Virginia ... more
0 votes 6 answers Share Flag
Tue Mar 23, 2010
Brenda Feria answered:
Good morning, George.

Here is an article that I found on Cap Rates in Richmond VA in 2009. Unfortunately, appraisers look at the cap rate when appraising multi-family properties, therefore, the saavy buyer or a buyer with a saavy realtor will take that into consideration when looking to purchase property in today's economical environment. You will need to weigh the pros and cons of selling in today's market and decide if the time is right to sell for you..

http://www.redcapitalgroup.com/Research/Reports/RCH-VA-002_Richmond_1Q09.pdf

Brenda
... more
0 votes 6 answers Share Flag
Thu Jul 19, 2012
Lesley Denney answered:
Good Morning Wendy,

Have you and your agent tried an agent open house yet? I feel that getting the agents to come and see the homes makes a big diference....

Let me know how you do, I am so glad you have a great agent! ... more
0 votes 11 answers Share Flag
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