Buying A Home Category
March 12th, 2009
Buy Your First Home, NOW!!!
What a great time to buy your first home! Richmond area home prices are low making it a buyer’s market, mortgage interest rates are low and the government is now giving an $8000 tax credit that you do not have to pay back. The new tax credit is a great benefit that should be taken advantage of! It’s free money!
First-time home buyers who purchase a home this year can take advantage of the stimulus bill’s $8,000 tax credit, the U.S. Department of the Treasury said in a news release on Wednesday.
Unlike the previous $7,500 credit available to this group of buyers, the credit outlined in the American Recovery and Reinvestment Act of 2009 does not have to be paid back if the home remains the buyer’s primary home for at least 3 years after the purchase date, according to the Internal Revenue Service’s Web site. First-time buyers, for the purpose of this credit, are those who have not owned a home in three years. So even if you owned a home 3+ years ago you still qualify! Read the rest of this entry »
March 2nd, 2009
Taking Advantage of the Housing Crisis: New Construction
The economic downturn has already caused Richmond area home prices to drop. Home builders are feeling the pain as well and in some cases they are desperate to turn their inventory of new homes into cash.
How can potential new home buyers turn this to their advantage? Read the rest of this entry »
February 15th, 2009
Buy A House, Get A Free Dog!
The BLOG Entry That Made Us Famous!
Buy a house using a RichmondHomeShopper.com Buyer’s Agent and we will cover the adoption fee for the pet of your choice from the SPCA or other local animal shelter. Not quite ready for a pet? We will make a donation instead.
At RichmondHomeShopper.com we wanted to create a fun promotion and at the same time do something positive for our community. A new home and a new pet just seems to go together! Heck even our new President has promised his daughters a new dog when they move in the White House!
Contact Skye Bruce Properties, The Official REALTORS and Buyer’s Agents of RichmondHomeShopper.com to get started finding your new home! (and your new pet!)
February 6th, 2009
Don’t Overlook Neighborhood Issues When Buying A Richmond Home
When buying a home in the Richmond area, don’t overlook these important neighborhood issues: quality of schools, traffic noise, upcoming zoning issues, neighborhood stability, home turnover, crime levels and the presence of any sex offenders. Just about all these issues can be researched online from the comfort of your home. This is also where a quality REALTOR can assist. Sometimes there is a reason for a “great deal” on a property and the reason can make a purchase a bad investment if there is a negative neighborhood issue.
Buying a home soon in the Richmond area real estate market? RichmondHomeShopper.com has a dedicated team of Accredited Buyers Representatives to serve our clients through our exclusive REALTORS, Skye Bruce Properties. Our team is made up of EXPERTS at representing people in the purchase of a home. They follow a proven Home Buying System when assisting clients. It is a low stress, information driven and organized Home Buying System THAT WORKS! Our dedicated Buyer’s Agents are always committed to best position our clients to purchase a home at the best price and terms, with the best financing and they offer the best real estate representation available. Contact Skye Bruce Properties today!
February 2nd, 2009
Cash Gives You An Edge When Buying Richmond Real Estate
In these difficult and challenging times cash can give you an edge in buying a home. Cash, equtes to more buying clout now in these tough financial times. In the past, people have sought out more liquid investments for their cash on hand and grab an easy to get low interest mortgage. Today with the equity markets depressed at the same time that mortgage lending has tightened the tables have turned. Those wielding ready cash in a recession are always ahead of the game. Having cash gives you a leg up in securing better terms for your mortgage and in negotiating with sellers. Sellers that know you are well qualified will spend much more time negotiating because you will be viewed as serious buyer. Read the rest of this entry »
January 31st, 2009
Biggest Real Estate Myths (Today Show)
TODAY SHOW real estate contributor Barbara Corcoran did a segment on Tuesday with Matt Lauer about real estate myths. We don’t always agree with Barbara because sometimes her opinion and views are influenced tooheavily by the New York metro real estate market which don’t always equate to the reality of the Richmond market. In this case however we thought the segment was pretty good and worth sharing with our readers. Below is the video segment followed by the text.What’s going on in the Richmond real estate market? Click here to get a MARKET SNAPSHOT!
CLICK HERE FOR TODAY SHOW REAL ESTATE MYTH VIDEO>>>>>
Today Show Exclusive from Barbara Corcoran: The truth about the housing market. In today’s uncertain market, fear runs rampant on both the buying and selling sides of the fence. Many myths need debunking. Here are five untruths held by buyers, and five held by sellers. Read the rest of this entry »
January 26th, 2009
Moving To Richmond Made Easy!
How to move to Richmond and feel at home right away.
(ARA) – Moving to a new community like Richmond, Virginia can be a great adventure, if you go with the right attitude and a sound strategy for settling in. Make an action plan and you’ll stay focused, organized and proactive — just what’s needed to put roots down fast. Read the rest of this entry »
January 25th, 2009
Buying A Home? Negotiate Cash Extras!
Negotiate extras, ALL YOU CAN!!!
This is a no-brainer in the current market Central Virginia real estate market. But while Richmond area sellers continue to offer throw-ins such as built-in appliances, and even flat-screen TVs, the best throw-ins are always the ones that take monetary form. Think paid closing costs, a year’s worth of property taxes, repair credits and paid homeowners association dues, to name only a few. You may not get them all, but ask for these items during negotiation to get them on the table. Asking for these cash items is sometimes more effective than going in with a low-ball offer. Sellers are less likely to be offended if you ask for these smaller individual items which may add up big. This type of negotiation is know as “nibbling”. Read the rest of this entry »
January 20th, 2009
Lowball Real Estate Offers In Richmond
What is a lowball offer? Who makes these types of offers? Most of us think of some slick investor trying to get one over on you. That is not the case anymore. Lowballers are young families, recent college grads, newlywed couples, single moms, probably the opposite of what we would think of as a lowball real estate buyer.
Why are we seeing atypical lowball buyers making lowball offers? Because they can be successful doing so! A lowball offer is usually an offer less than 90% of the asking price of a home. This practice was pretty rare around Richmond just months ago, but now we are seeing more and more of it. Sellers are getting anxious with the continued uncertainty in the economy and buyers know this. Local bad economic news from once giants like Circuit City, Genworth Financial and LandAmerica just make matters worse. Read the rest of this entry »
November 19th, 2008
Starting Your Richmond Area Home Search
Starting your search for a new home in the Richmond, Virginia area can be exciting and at the same time overwhelming when faced with the task of figuring out all aspects of the Central Virginia real estate market. Are you looking for: A Victorian in old Bon Air? A classic Ranch in Chamberlayne Farms? A brick Cape in Westham? A Condo in the Fan? A Colonial in Hanover with land? What can I afford? Do I need a Buyer’s Agent? Do you want a 2 car garage? How many bedrooms and baths are you looking for? There are many questions to answer and it can seem overwhelming. Fortunately there is a fundamental process of steps to not only get started in your home search, but give yourself a great chance at finding your dream home and getting a great deal. Read the rest of this entry »
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