Hampton Roads Real Estate and Community News

Sept. 5, 2023

Advantages of Selling Your Home in the Fall

Cozy photo of dried hydrangea blossoms in an aged-looking dusty blue vase placed in front of a beige couch with lots of pillows.  The text overlay reads:  Advantages of Selling Your Home in the Fall

Selling soon? You’ll FALL in love with the advantages!
🏡 Less competition - Fewer homes on the market = Your home stands out from the rest.
👓 Serious buyers - Fall tends to attract more serious buyers, motivated to settle in before the holidays and colder months.
💰 Year-end tax benefits - Buyers are usually eager to purchase before year-end to maximize tax benefits.
📍 Relocations - Many companies relocate employees before the year’s end, bringing a fresh pool of potential buyers.
🍂 Warm and inviting ambiance - Changing leaves, cooling temps, and pumpkin spice everything create a cozy setting for showcasing your home in its best light.
Ready to get your home listed to sell? Let's chat! 757-714-2692
Posted in Selling Your Home
June 29, 2023

Top 5 Places to Celebrate the 4th of July in Hampton Roads


Are you ready to make your 4th of July sparkle? 

Here are our top 5 choices for a star-studded Independence Day:

1.  Annual South Norfolk July 4th Parade & Picnic in the Park

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Posted in Community News
April 24, 2023

High Yield Home Renovations

Looking for the most bang for your home-reno buck? 🛠️ These renovations can increase the value of your home and give you the highest return on investment 💰💰💰 when it’s time to sell:
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Posted in Home Ownership
Feb. 21, 2023

7 Things to Know about VA Loan Assumptions

VA assumable home loans are a great option for those looking to become homeowners.


What is a VA loan assumption?


When a veteran (or active-duty service member) purchases a home with a VA loan and then transfers the mortgage to another buyer, it's known as an assumable home loan. The new buyer assumes full responsibility for the existing mortgage agreement. In other words, the buyer takes over the seller's current loan payment. At first glance, the low interest rate can be very attractive, but there can be some drawbacks to assuming a loan.  As with any big financial commitment, it's important to understand exactly what you're getting into.  To help, we've put together some essential pointers for those considering assuming a VA loan.

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Feb. 17, 2023

Sherwin Williams + HGTV 2023 Color Trends Forecast

Ready to refresh your home?  Check out the 2023 Color Trends Forecast from Sherwin Williams & HGTV and add a splash of personality to your home!

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Posted in Home Ownership
Feb. 16, 2023

Understanding Your Debt to Income Ratio

Are you considering buying a home? If so, it’s important to understand the concept of debt-to-income ratio as it relates to home mortgages. A debt-to-income (DTI) ratio measures the total amount of debt you have against your income. This ratio can be used by lenders to determine your eligibility for a mortgage loan. Understanding this concept is key when preparing to buy a home. Let’s take a look at what DTI is and how it affects getting approved for a mortgage loan. 

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Feb. 12, 2023

Super Bowl Sunday: Real Estate Version

Are you ready to score BIG with a new home this season? Let's get into the REAL estate game and find your dream home! Happy Super Bowl Sunday! 🏈🏈🏈🏈

Posted in Buying a Home
Feb. 9, 2023

Pre-Qualification vs. Pre-Approval: What's the Difference?



When it comes to getting a mortgage, one of the most important things you can do is get preapproved or prequalified. Preapproval and prequalification serve as indications from a mortgage lender that you may be eligible for a loan. Although these terms are often used interchangeably, there is an important difference between them worth noting. 

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Feb. 8, 2023

January 2023 Market Review

The first market review of 2023 is in, and the numbers are reassuring. Sellers can take comfort in the fact that sales prices remain fairly stable, even with higher interest rates. Buyers can take comfort in the fact that new listings are up, so we won’t be seeing the highly competitive buying frenzy we experienced during 2022.
Are you wondering if now is the right time to buy or sell? In most cases, the answer is yes. We’d love to help you analyze the numbers in your unique circumstance to see what works best for you. Give us a call; we’re here for you! 757-714-2692
Posted in Market Updates
Feb. 3, 2023

Top Factors Affecting Homeowners Insurance


Homeowners insurance is essential to protecting your home and possessions, but what factors determine the rate? From location to building materials, there are many elements that can affect how much you pay for homeowners insurance. 

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