Welcome to your source for greater Lynchburg area real estate news
Home warranty plans can save you time, energy and money in repairs. It can be a great way to minimize risks whether buying or selling your home. Some Realtors have used and recommended home warranty plans over the years for their clients, yet other Realtors don’t. Ask your Realtor for advice. Every home and client are different, so home warranty …
A lot of money has been made improving homes and selling them at a much higher price. You can’t just paint, carpet and plant some bushes and expect to make a 20% profit. Here are four things you should be ready for before “flipping’ a house. 1. Expert help. The assistance of an experienced, educated Realtor is a must so you …
John decided it was cheaper to buy than rent and he wanted to make a good investment. He asked his friends and associates about a Realtor and after talking to a couple agents, he chose one to represent him. His Realtor referred him to a lender who preapproved him and recommended the right loan. After figuring out what he could …
Home prices have hit record highs in many parts of Virginia, and many homebuyers face stiff competition and significant price escalation. It is easy for a homebuyer to get caught up in the “FOMO” (fear of missing out) and wind up in a bidding war they did not expect. Homebuyers should be cautioned about pushing the limits of what they …
What is your first step to buying a home? It is not recommended you just start looking at homes for sale until you know what you can afford, and certainly do not make an offer on a home without being preapproved for a loan. Experian.com says, “Prequalified is when you [the consumer] agree to provide your credit information to a …
Are you planning on listing your home? Here are 10 things you should do. 1. Remove odor Be sure your home doesn’t smell. Oh, and don’t think you can cover it with air freshener. Clean the litter box daily, smoke outside and clean! 2. Clean There is no such thing as a home that is too clean. Dust, polish, shine …
May is Asian American and Pacific Islander Heritage Month, when we recognize the contributions and influence of Asian Americans and Pacific Islander Americans. The Asian Americans and Pacific Islander population is an important and growing part of the real estate market in Virginia. There are more than 700,000 Virginians who are Asian or Pacific Islander, including those who are Asian …
Your real estate agent will help you decide how much to list your home for if you are the seller and how much to offer for a house if you are the buyer. This may depend on the market conditions, and the age of the home along with other factors. Sellers usually expect to negotiate their asking price. Buyers may …
Spring is a great time to sell your home. Whether the market is up or down, spring has a high volume of real estate transactions – every year, in every area of the U.S. – except for June! June doubles every other month of the year for real estate transactions. It’s probably because students are out of school and the …
Are you planning to put your house on the market? Here is a look at the costs of selling a home. Realtor fee The seller will pay their Realtor a listing commission or brokerage fee. This is discussed when listing the house and may vary with different agents and/ or brokers. Most listing Realtors pay a percentage of that fee …
