Realtor Drick's Real Estate Blog

Real Estate Agent - NEPTUNE REALTY - 0225-075558
Drick Ward's blog about all things real estate. Call Drick Ward, Broker Associate at Neptune Realty at 757-575-5156 for all of your real estate needs. Serving all 7 cities of Hampton Roads from Virginia Beach.
Last week's data showed another slight decrease in REO properties as a portion of available inventory on the market in Southside Hampton Roads.  In fact, Portsmouth was the only city with an increase in bank owned properties on the market. If you are considering buying a foreclosed property, cont...
707 North St Portsmouth, VA Click For Listing Website Click For Interactive e-Tour Located just a few blocks from the Portsmouth Naval Hospital in Old Towne, this brick townhouse style condo is ideal in location, features, size, and price. The great room has a wood burning fireplace with separat...
It seems the National Do Not Call List is a hoax.  Although consumers were encouraged to register their numbers on the list when it was first introduced, that registration is only temporary.  To remain on the list, you must re-register when it expires.  I did exactly that with no lapse in being o...
First take good marketing photos of the property both empty and with properly staged furniture.  When it's time to begin marketing again, use the photos you already have on file to promote the property and let prospective tenants decide if they want to even come see it.  Each time you have tenant...
In spite of the rumors in national media about foreclosure counts expected to rise this year, for Southside Hampton Roads, that doesn't seem to be the case.  We began the year at the high point of foreclosure properties (as a percentage of available inventory) and have seen that number steadily f...
801 Jo Anne Circle Chesapeake, VA Click For Listing Website Click For Interactive e-Tour This spacious brick house is on a large corner lot with an amazing fully fenced back yard. The grounds are beautifully landscaped and include mature trees for shade and character. The formal dining room is p...
1453 Deerpond Ln Virginia Beach, VA Click For Listing Website Click For Interactive e-Tour This 2nd floor condo is ideal in location, size, and price. Major connection roads are just minutes away, yet you can walk to shopping, grocery stores, restaurants, and more. You get the benefit of pool, t...
First Time Home Buyers may be eligible for a limited pool of free money.  This is due to a federal grant and is available only to first time home buyers getting a VA, FHA, or Conventional loan.  There are income limits in order to qualify for this money ($43,650/year for 2 person family or $55,55...
For the third week in a row, the percentage of inventory on the Southside that is bank owned fell slightly, but not quite as low as it was a month ago.  This week, Chesapeake REO inventory as a percentage of available inventory in the city fell 5.7%. If you are considering purchasing a foreclosur...
For the second week in a row, foreclosures represent a slightly smaller percentage of overall available inventory in Southside Hampton Roads.  Hovering just below 14% of available inventory, the change was driven by a slight increase in NON REO properties combined with a slight decrease in REO co...

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