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Williamsburg : Real Estate Advice

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  • Local Info17
  • Home Buying36
  • Home Selling9
  • Market Conditions15

Activity 79
Sat Mar 23, 2013
John R Beavers answered:
This again is a question that is best answered by a local loan consultant. Call your bank and ask for the loan officer and have them give you your options for NJ.
0 votes 1 answer Share Flag
Wed Mar 20, 2013
john womeldorf answered:
No, its in James City County in the community of Kingsmill.
Are you looking specifically for a home in the City ?

I would be happy to assist in your search,

Best

John
0 votes 5 answers Share Flag
Tue Mar 12, 2013
Edith Karoline Jasser answered:
Hi Michelle, I am wondering if this post should not go into the blog section of Trulia for other Realtors to see, as this is the question and answer section for the buying and selling public .....
Good Luck to you

Sincerely yours,
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)

Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
Check out my website at http://tinyurl.com/YourRealtor4Life
Get to know me! Learn about my experience, expertise, services! Read letters
of recommendation! Sign up to search for properties in my expanded service area.
HAVE THE MOST WONDERFUL DAY :)
... more
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Sat Sep 14, 2013
Jim Mellen answered:
Unfortunately your question is a common one we realtors hear. The pricing in Williamsburg and everywhere is a result of location, property values, supply and demand, desirability etc. I've done some work with housing partnerships and maybe they can offer you some ideas and options. Feel free to call me during the day at 757-810-3642 ... more
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Wed Apr 3, 2013
Tracey Mendoza answered:
I would love to help you find your new home. Give me a call at 757-608-8583. I have several in mind that I could show you. I look forward to hearing from you soon!
0 votes 10 answers Share Flag
Mon Feb 25, 2013
Marcin Drygala answered:
Leslie, yes, this house is in need of renovation. Please call me if you are interested in looking at it, you can determine yourself if this house is for you.
My cell # is 757 753 6821.
Marcin Drygala, RE/MAX Peninsula
... more
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Thu Aug 11, 2016
Ashleighe Jessuph answered:
how can find someone who will take section 8 in williamsburg i have a clean reantal history with my land lord
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Mon Jan 21, 2013
dvwood asked:
--
This question was asked from this property: http://www.trulia.com/rental/3082366418-104-Starboard-Ct-Williamsburg-VA-23185
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Sun Feb 17, 2013
Selene Pinkett answered:
Season Trace is in the Lafayette High School district, a good area to start your rental search.
0 votes 3 answers Share Flag
Sat Mar 22, 2014
answered:
My advice is to contact the broker and complain about the agent. When you sign an agreement to work with an agent, the broker is also your representative. The broker will likely support your request to fire your agent. Sounds like you certainly have grounds to do so. Sorry you are having a bad experience. There are plenty of good agents, but unfortunately there are bad ones also. ... more
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Wed Jan 9, 2013
Jim Mellen answered:
Depending on the lender involved USDA may add 2-4 weeks to the process. Typically two weeks is enough time if the lender has their duck in a row. But you have to start with knowing the property is definitely within their area map which is easy to access online. ... more
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Thu Oct 18, 2012
John R Beavers answered:
When buying any investment type property you must be careful to research all CC&Rs that could affect that investment. You could look into buying a condo or town home style property and rent that out. Always remember that location, location and location are the three most important facts especially when buying investment property.

I would be happy to assist you if you wish. Call me at 757-812-0399 and lets talk.

John R. Beavers, Realtor, SRES,ABR,e-Pro
Heartland Realty LLC
... more
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Tue Sep 16, 2014
cpapca asked:
This question was asked from http://www.trulia.com/property/20422986-103-Shady-Bluff-Pt-Williamsburg-VA-23188
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Sat Jul 28, 2012
Jim Mellen answered:
I'm happy to look into that for you Marge. I am familiar with the neighborhood and live in an HOA a few miles where we do not allow commercial vehicles to be parked in the driveway overnight. If the truck does not have signage or ladder racks on to you might be OK. You might also consider some of the other nice neighborhoods we have without HOA's. If I can help you can contact me through my website below and look for more listing options. ... more
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Sun Jul 1, 2012
Jim Mellen answered:
You're not likely to find find that combination in our current market. With single family homes STARTING in the upper $400s in colonial Williamsburg and a shortage of college housing rents in that area are likely to be double that amount. ... more
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Fri Jun 29, 2012
Jim Mellen answered:
Our local MLS has 1462 listings -attached,detached,land,commercial etc. To realistically look at our market and competition a buyer needs to know how many similar homes are for sale. When a buyer has a specific need or desired features in a home and they look for that, they will find far fewer choices. This real estate cycle is far from over but we have seen a very stable market for the last 12-18 months. Homes are selling above the 2004 prices in most instances as long as they have been maintained well. Most of the buyers coming in are realistic and sellers have been averaging 97-98% of their asking prices when they've priced it well. We've seen price drops from the 2006-2007 period for sure, but our averages and medians have been stabilizing.We are seeing multiple offers and competition when the seller prices a home too low against little competition. A four bedroom house with a bonus room, in a nice neighborhood and school system built after 2000 and priced at $400,000 would have no problem selling quickly. But the buyer who comes in and thinks that house should sell for $300,000 because of the housing crisis is dead wrong. There's more to the equation. And Trulia, Zillow and all the other AVMS are a poor source of online value when it comes to comparing. It's simply a math calculation with many elements left out.

If you would like to provide me with specifics of what type of house you may be looking for I'll run a detailed analysis and post it here.
... more
0 votes 3 answers Share Flag
Wed Jan 30, 2013
Jim Mellen answered:
I think you may be confused. You certainly can't be talking about the Williamsburg Virginia market I am helping people buy and sell in! I suggest you read my blog at www.JimMellen.com/WilliamsburgBlog for some information. The market is far from terrible and unemployment in our area is reflective of the demographics. With a college and predominantly retired community our unemployment numbers may never be lower than the national average.But we have no large employers risking wholesale unemployement . We are a vacation destination with lots of seasonal jobs so unemployment is very seasonal and expected around here. Virginia is consistently ranked as one of the most business friendly states.

in a more general response, the market has been bad nationwide since 2007 and unemployment followed. I suppose those two thing have affected your Asheville area one way or another as well.
... more
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Wed Jun 13, 2012
Suzanne MacDowell answered:
Hi Sherri,

You should not stop trying to do the short sale. Were you working with a realtor? Either way, you need to find one who is familiar with short sales and hire them right away. Look for the SFR (Short sale and foreclosure resource) or the CDPE (certified distressed property expert) designations. You also need to look your home up on www.makinghomeaffordable.gov to see if you qualify for a HAFA short sale.

I can't imagine why a bank would turn down a short sale offer unless it was unacceptably low. Many times homeowners are appraoched by 'investors' who are involved in some very questionable practices. The banks will NOT work with these people, however, if the home is listed with a realtor, and reasonable offers are presented and negotiated in good faith, the banks are usually pretty reasonable.

Once the short sale is completed, you will need to find a home to rent, your real estate agent should be able to help you with that as well. We are here to advocate for our clients, whether it is for a sale of a rental. Let us help you.
... more
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Fri Apr 20, 2012
Jim Mellen answered:
I don't think anyone in this market is really going that root, but there remains the constant tug of what market value is. In my opinion values are still higher than asking prices, but getting the buyers and renters to agree has been the challenge. We've definitely got a renter inventory shortage which causes prices to be higher. In a lot of cases in Williamsburg it costs more to rent than own. I am not sure you will easily find what you are looking for at that price heading into the prime season. ... more
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Sun Apr 22, 2012
Sean Hyland answered:
Try this link for the James City County Parks and Recreation park and trails finder:

http://www.jccegov.com/recreation/parks/index.html

If you have any more questions, feel free to contact me at 757-784-4262.

Sean Hyland,
Licensed in Real Estate
Virginia
... more
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