As the population gets older in Charlottesville VA and all over the country, an increasing number of people are interested in Aging In Place. Traditionally as people age they downsize to a smaller home with one level living. However in the current real estate market it may not be a good time for
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11/25/2010
Among the Charlottesville foreclosures for sale, there are quite a few fixer-uppers. Is a fixer upper for you? This morning I showed a Charlottesville foreclosure to an investor client. This particular home is at least 100 years old and needs a lot of work. Since I love older homes, I really e
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11/24/2010
What is the latest news on mortgage rates? Mortgage rates have been at record lows for some time. However last week we have seen rates start back up. Whats going on and what can we expect? The information below is via Ken Malinowski with New American Mortgage. He nicely sent out the informatio
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11/22/2010
Energy efficient homes and green building are an important part of our real estate market, but in addition energy efficient mortgages should become an important part of our mortgage arsenal. This loan could be particularly valuable if you are purchasing an older home and want to make some updat
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11/22/2010
Charlottesville VA is starting to look a lot like winter and we have seen the last of the fall leaves. When I was in Wintergreen VA showing resort homes the other week I stopped to take a picture of the last few fall leaves. As you can see winter mountain views are already opening up. Since thi
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11/21/2010
When you are selling a Charlottesville home one of the terms you hear a lot is fair market value. But what exactly is meant by fair market value and how is it determined? Fair market value is the price a qualified buyer will spend to buy your home. Fair market value is not How much your home is
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11/19/2010
How many of you have buyers who are looking for pet friendly real estate? For many homebuyers the determining factor about a home may be whether it suits their pets. This may include such factors as: whether the HOA has any rules limiting number and kind of pets Is the yard fenced does the yard
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11/18/2010
What price homes are selling in Albemarle County Virginia? The graph below shows home sales in Albemarle County for the current year to date. As you can see 78% of the homes that have sold this year sold for under $500,000. In addition the largest number of sales were in the $200,000 - $399,999
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11/16/2010
Virginia is the perfect state for history lovers and Wades Mill is a great place to visit. Wades Mill is a working gristmill powered by water and is on the National Register of Historic Places. The mill is located in Raphine, VA in Rockbridge County in the Shenandoah Valley. This working mill
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11/15/2010
This Charlottesville VA real estate market report focuses on the sale of attached homes in the city of Charlottesville and surrounding Albemarle County during October 2010. October 2009 average list price $320,192.October 2010 average list price $222,671. October 2009 average sale price $307,328.
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11/14/2010
