Spotsylvania, VA Real Estate News

By Kate Elim, Realtor 540-226-1964, Selling Homes & Land a
(Dockside Realty)
Some states do not allow dual agency.  Others do.  Is the trend towards doing away with this type of representation?  In fact is dual agency a form of representation or does it really mean that neither the seller nor the buyer are being represented?When practicing dual agency how does a REALTOR® deal with offers and counter offers.  Do they offer advice to both parties, to one, or to neither?  What about conditions, other than price, that may require negotiation such as the settlement date, home inspection repairs, pre or post occupancy, and any number of other things that can be a bone of contention between parties.What happens when a buyer offers a very low price and the seller suggests a very low counter and you believe the counter should be higher.  Do you consel them to rethink tha...
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By Kate Elim, Realtor 540-226-1964, Selling Homes & Land a
(Dockside Realty)
. . . . . . .If you or someone you know is thinking of buying or selling property at or near Lake Anna, please contact Kathleen "Kate " Elim.  She lives at Lake Anna, knows Lake Anna, loves Lake Anna, and specializes in Lake Anna area real estate.  Reach Kate at 540-226-1964 or by e-mail at lakeanna.kate@gmail.com.  Be sure to check Kate's blog at http://lakeannaandbeyond.com/ or http://lakeannacountry.com/
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By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
WHAT ARE CLOSING COSTS WHEN YOU BUY A HOME IN VIRGINIA AND WHO PAYS WHAT??EXAMPLE:  SPOTSYLVANIA COUNTY, VIRGINIA - Price - $479,900.                                     Closing costs in Virginia are those fees charged to the home buyer at settlement.  Your Buyers Agent may negotiate a credit from the home seller to offset some of the costs below.  Seller contributions are often limited to 3% of the purchase price for Conventional financing.  FHA financing usually permits a seller contribution of up to 6%.  Veterans Administration financing permits the seller to pay ALL of the purchaser's closing costs.  Conventional financing is becomming more and more restrictive.  One of the lenders I work with advises today:        Lenn        Yesterday Countrywide pulled out of the 100% second mort...
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By Konnie Mac McCarthy, Broker/Owner - VA & MD "Time To Get A Move On!"
(MacNificent Properties, LLC)
Bumpass, Virginia is in Lousia and Spotsylvania County. Close to lake anna, Bumpass is a rural area, with rolling terrain.  There are currently 86 Single Family Homes on the market in Bumpass (In Louisa & Spotsylvania) in a broad range from $37K to $1.9 million. There are currently 7 single family  homes under contract from $215K to $999KIn The last 60 days there have been 5 homes that have sold from $190K to $1,499,000If you are looking to purchase a home in the Bumpass, Lake Anna area, give Konnie Mckee a call 703 407 7088 or visit my website at www.Konniemac.com      
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