Find the Best Agent to Sell Your House Ask detailed questions about their experience and negotiation skills to help you find the right agent for your home sale. Read Visit houselogic.com for more articles like this. Copyright 2016 NATIONAL ASSOCIATION OF REALTORS® … [Read more...]
Victoria Falls Market Watch – Single Family Homes
Victoria Falls Market Watch - Single Family Homes as of November 14, 2014 is an update on the real estate market activity within Central Parke at Victoria Falls (VF) community. Over the last six months the inventory of single family homes was limited to one sale of a Michael Harris home. We monitor the VF market activity to apprise VF residents/neighbors, potential buyers and other interested buyers and parties. New Rental Listing - 7400 Heartleaft Circle - listed at $2,850. This Michael Harris Home features four bedrooms, two full bath and half. Approxiamate living area is 2,183. Days on Market (DOM) - 6. This information is being provided as a courtesy. If you would like to subscribe to a Market Snapshot of this or another community send us an email at [email protected]. Or, give us a call at 301-483-8073. A Market Snapshot will provide an overview of a particular neighborhood. And, can be set-up for distribution on a daily, weekly or monthly basis. We are … [Read more...]
Can you negotiate the price of a newly built home?
Can you negotiate the price of a newly built home? Let's say....it can be quite difficult because the builders’ final sales price is based on the construction cost increases and inventory of homes available for sale. But, it can be done! Subsequently, the best time to begin negotiations on a newly constructed home, and to have some input into the final cost is during the planning phase with the new home sales manager. Be sure to have your Realtor representative there at the initial introduction to the new home development. At this time you will select exactly what amenities, appliances and finishes you would like or don’t like in your new home….Your decisions on the type of materials used and other special options will influence the final sales price. After the initial contract is written the new home sales manager will discuss your selection of options, e.g. cabinets, counter tops, carpet, hardwood floors, finished rooms, etc. It would be wise to have a good understanding of … [Read more...]
What is PMI? Ask the Experts – Adolphus Hawkes Realtors
What is PMI? When you buy a house there are four key cost components that are included into your monthly mortgage payment. The four components are commonly referred to as “PITI”. PITI includes the (P) - principal amount of the mortgage, (I) Interest on your new mortgage, (T) county taxes and (i) insurance. Now, we will now explain how… and when PMI is added to your monthly mortgage. If you cannot afford to make a 20 percent down payment on a conventional loan - PMI, or private mortgage insurance protects your lender from loss in case of default. Having private mortgage insurance will allow you to make a significantly lower down payment than the required 20 per cent, and still obtain a traditional conventional financing. You could be eligible to cancel your PMI coverage if specific lender guidelines are met, e.g., having no late payments and the overriding factor - having built at least 20 percent equity. You build equity quickly when… and if your property value increases or, if … [Read more...]
Victoria Falls Market Watch – June 17, 2014
This edition of the Victoria Falls market watch shares the latest market data for the VF community. We share this market information with our neighbors, residents, potential buyers and others who are interested in the real estate market in the Victoria Falls community. Since our last edition on May 23rd - one single family home is now under contract with a kick-out clause. There are two villa styled homes currently under contract with no kick-out clause... This Victoria Falls market watch data is provided by our local Multiple Listing Service and include the following residential stats as of today, June 17, 2014. The analysis report shows that the average list price of single family and villa homes is $343,675. One single family property previously listed at $399,900 is now under contract with a kick-out clause. The actual closed price will not be available until after the closing date scheduled for June 30th. There are two villa style properties under contract with no kick-out … [Read more...]
Victoria Falls Spring Real Estate Market
Victoria Falls Spring real estate market is slowly gaining momentum moving into 2014….Although, the lack of inventory combined with few sales in the VF community have left market values lingering below an acceptable level considering similar properties in the area. The single family homes in the Victoria Falls community usually remain on the market for a long listing period - say 90 - 180 days or more. The Days on the Market (DOM) indicator should improve as the inventory and sales picks up in the peak of the spring buying season. Considering the unique space and style of homes the community home owners should see and increase in values in the coming months. Especially, with the amenities that this community offer VF's residents. Fannie Mae, a government controlled mortgage funding organization recently listed a two bedroom, two full baths Craftsman style villa home with a stone exterior for$252,900. This property sit idle for over three years! Now, it’s listed for sale under the … [Read more...]
Adolphus Hawkes Realtors Launched New Website – www.ahawkesrealtors.com
Adolphus Hawkes Realtors launched new website www.ahawkesrealtors - After months of research, discussion, planning and consultation with Agent Image our web site developer, design staff and marketing experts we finally launched our new website. We have a dream of making this website a major hub for real estate information. With this information buyers, sellers and the general public will have better insights into the real estate market process. And, offer search functionality that is linked to the MRIS - Real Estate in Real Time. The site offers unlimited searches on great places to live and to raise a family within the D.C., Maryland and Virginia areas (DMV). Also, valuable information on communities in school information that is important to a family. The site have been active for a couple of years and have received incredible positive feedback from visitors. We feel that our website will greatly enhance our brand and ability to attract clients moving into or out of … [Read more...]
Customer Testimonials – Mr. and Mrs. T. Dawkins
Customer Testimonials - Mr. and Mrs. T. Dawkins - “Adolphus, we wanted to share this customer testimonial to show our much we thank you for all the hard work helping us purchase our first new home. Your knowledge, professionalism and patience made this process easier than expected. We wanted to let you know that we appreciate everything you have done and we now consider you a friend. These small gifts are a token of our appreciation for a job well done! Hope you and your wife enjoy. Thanks again for doing such a great job!” … [Read more...]
Testimonials – Mr. and Mrs. R. Yates – Mr. Hawkes
Testimonial - Mr. and Mrs. R. Yates - “Mr. Hawkes was honest and was available at a moment’s notice. He kept us informed and we had a open line of communication 24/7 and all the way through the lisitng and sale of our home and through out the purchase of our new dream home; Great Job!” … [Read more...]