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Home Buying in Williamsburg : Real Estate Advice

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  • Local Info17
  • Home Buying35
  • Home Selling9
  • Market Conditions15

Activity 33
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
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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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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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
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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.
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Fri May 4, 2012
Frank Biganski answered:
Hilde,

This home is now a bank owned property. As a short sale and foreclosure specialist, I have the ability to contact the lender on your behalf if you are interested in submitting an offer (if the bank is entertaining offers at the moment - not sure until I contact them). If this is something that interests you, contact me and I'll be happy to assist you.

Frank Biganski, Realtor
(757) 303-0517
frank@reliancerealty.com
www.mynewportnewsrealestate.com
... more
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Fri Jul 29, 2011
answered:
Stan, I'm at lunch right now, but I can help you late this afternoon.

Susan
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Sat Apr 2, 2011
Jim Mellen answered:
HOA dues range from the low 50s to se veral hundred dollars. If you have a specific neighborhood please ask again or look them up on my website.
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Wed Apr 11, 2012
Monir Mamoun answered:
Hi Louise, are you sure about it not being there? This kind of thing needs to be checked by a qualified inspector to verify nothing is going to pop up. You have got to be absolutely sure because if you wind up with this problem it will be a huge mess.

For more info read my 3 part blog on the Chinese drywall issue. Link below. Good luck!
... more
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Fri Jan 18, 2013
Carol Davanay answered:
It might. The current owner paid $395K for the property in 1999. The house has been on the market for 77 days and since the original listing price of $2.09M, it has been reduced once, to $1.99M. The 2010 assessment is $1,147,600. If you would like further assistance regarding the possible purchase of this property, I am happy to help. My contact information is: cell # 757-870-7349 and my e-mail address is caroldavanay@lizmoore.com. I am an active member of both the Williamsburg Area Association of Realtors and the Virginia Peninsula Association of Realtors. Thank you for your inquiry! ... more
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Wed Sep 22, 2010
Maureen Cody answered:
Dear Henrysmom,

The best use of your time would be to connect with a local Reator- he/she will be able to effectively searhc for homes within the Lafayette school district.

Here is a link to local Realtors on Trulia:
http://www.trulia.com/voices/directory/Williamsburg-agent--40051

Best Regards,
Maureen

Search the Charleston MLS:
... more
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Sun Jun 6, 2010
Jim Mellen answered:
These are all fee simple. You might also look at Longhill gate. You can access the Williamsburg Multiple Listing Service to search all area properties for sale that are REALTOR listed-at www.JimMellen.com ... more
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Fri Sep 24, 2010
Troy Deierling answered:
Sorry, but no real way to say. Each bank is different. I've had an offer almost through the process and the bank 'realigned' the short sale department to another state. That added another month. I've seen it approved in two weeks and I've seen 6 months. They are getting much better at it now. Does the short sale involve more than one mortgage or loan? That will definitely affect the response time.

The main thing to remember is the bank is not obligated to agree to do a short sale. We have one now that the bank will not pay more than 1 percent of the sale price in closing costs on an FHA loan.

Congratulations on taking the step towards home ownership!
... more
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Mon Dec 14, 2009
john womeldorf answered:
Totally up to you. All sellers are in a different position. Will that change when the credit expires ? who knows. WIll interest rates go up ? who knows ? If you see a house you like make an offer. I have negotiated sizeable discounts on numerous homes recently. You have nothing to lose by trying. If you don't have a buyers agent working for you I would be happy to assist. Or wait it out and see what happens. Your choice. No one has a crystal ball to predict.

John Womeldorf
John@MrWilliamsburg.com
... more
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Mon Dec 14, 2009
Jim Mellen answered:
Ramani,

Unless you are a termite inspector and looking at every home in both areas, how can you possibly make that assumption?
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Wed Nov 18, 2009
john womeldorf answered:
Median sold price last 12 months $342k James City County/ Williamsburg. Median active listing price $387,500. But prices vary greatly depending on the neighborhood. Current active list prices range from $308k to $735k. Are you thinking of moving here ? Feel free to be more specific and I will answer in greater detail.

John Womeldorf
www.MrWilliamsburg.com
... more
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Sun Nov 15, 2009
Skiddy asked:
will most insurence companys insure one
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Wed Dec 2, 2009
Denise Fleischmann answered:
What price range are you looking at? The days on market are different for each price range. The tax credit helped a lot of first time homebuyers to be able to afford to buy. It is a great time to buy because there are a lot of homes to choose from and the sellers are aware of that fact and are willing to neogtiate.

You can email me directly at Denisefleischmann@lizmoore.com if you would like to ask more specific questions.
... more
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Wed Dec 2, 2009
Richard Lecinski answered:
People are buying homes and the tax credit has made a difference. You shouldlist your home now. Why wait? You will be missing many possible buyers.
0 votes 6 answers Share Flag
Sat Oct 17, 2009
Stan Reed answered:
Ask a couple of Realtors that work in your area to give you listing presentations! They will do their homework and give you their opinions as to a good range to list your house.

Stan Reed, Realtor
Keller Williams Realty

Northern VA
... more
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