The Cost of Renting

  The last generation of people bought homes or other investment properties.  Then they moved out and moved up.  They rented out their personal home or their investment properties and guess who they are renting them to?  YOU!  They made an initial investment and continue to build equity in their property by you making the … Continue reading The Cost of Renting

5 Resources to Learn About a School or Neighborhood

5 Resources to Learn About a School or Neighborhood The number one thing that I get told by buyers and renters is that they want to live in a good neighborhood or that they want their kids to go to good schools.  Guess what?  We can’t give that kind of advice.  What I can do … Continue reading 5 Resources to Learn About a School or Neighborhood

What to Expect During the Walk Through Inspection

What to Expect, During the Walk Through Inspection The walk through inspection is basically a mini inspection.  All parties can be there, however, the buyer’s agent and buyer are generally the only two parties present.  During the walk through you will go through and ensure that all the repairs requested during the property inspection were … Continue reading What to Expect During the Walk Through Inspection

What to Expect From a Home Appraisal

Buyer An appraisal determines the value of the property.  Once you get to the point in the process for the appraisal, your lender will order it.  The appraiser generally gets in contact with the listing agent to schedule the appointment to go out and see the home.  Prior to going, they go through a similar … Continue reading What to Expect From a Home Appraisal

What to Expect During a Home Inspection

Buyer Home Inspection You might think that all inspections are the same, but some companies are definitely better than others.  You want to make sure that you choose a company that is going to do a thorough inspection.  They should be checking all the outlets, ceiling fans, sinks, bathtubs, plumbing that is visible, heating and … Continue reading What to Expect During a Home Inspection

Home Selling Process: Part 2 – After the Home is Listed

What to Expect, When Selling My Home - Part 2 After Listing My Home Step 1: Multiple Listing Service (MLS) Your home will be put into the Multiple Listing Service (MLS).  From here your home will be listed on many websites automatically.  Trulia and Zillow are two of them, however, there are many more.  Your … Continue reading Home Selling Process: Part 2 – After the Home is Listed

Home Selling Process: Part 1 – Before the Home is Listed

What to Expect, When Selling My Home: Part 1 Before the Home is Listed The Listing Appointment After you decide to sell your home, you will want to meet with a Realtor.  Some people choose to do a For Sale By Owner (FSBO) for different reasons.  Some of those are successful.  Approximately 70% end up … Continue reading Home Selling Process: Part 1 – Before the Home is Listed

Home Buying Process: Part 2 – After the Offer

Home Buying Process: Part 2 What to Expect, When You’re Buying After the Offer Step 7: Offer Rejected, Countered or Accepted The offer could be rejected.  This is likely to occur if you’ve had a very low offer.  Sometimes these types of offers insult the seller or they just decide that it’s not worth countering. … Continue reading Home Buying Process: Part 2 – After the Offer

Home Buying Process: Part 1 – Before the Offer

Home Buying Progress: Part 1 What to Expect, When You're Buying Before the Offer Step 1: Select a Realtor What’s the difference in a Realtor and an Agent? A Realtor is held to higher ethical standards, has more training, education, and resources than an agent. How do I choose a Realtor? Make a list of … Continue reading Home Buying Process: Part 1 – Before the Offer

Market Trends

Housing Market in Virginia Beach, VA Median Listing Price: $305K Price per Square Foot: $157 Median Closing Price: $250K 2,634 Homes for Sale  960 Homes for Rent Market Trends Real Estate Market Trends in Virginia Beach, VA Source: Realtor.com (http://www.realtor.com/local/Virginia-Beach_VA) If you would like more information regarding Market Trends, please contact me at: Amber Sullivan … Continue reading Market Trends