This Victoria Falls Market Watch - Villa Styled Townhouses reports one townhouse villa listed for sale at $359,900 and currently under contract pending closing. This villa style homes include three bedrooms and three full baths. Victoria Falls Market Watch reviews and tracks the VF community market data on a daily basis....It appears that the Crafts Star villas are selling for a lot less than the Drees styled villa homes. Most of the Drees town homes are closing at $375,000 to $380,000. Although , the majority of buyers are looking for the end unit Drees style homes. Some of these Drees homes include four bedrooms and spacious living space. VF Market Watch - Villa Styled townhouses indicate that the average sales prices for villa style homes range from a low of $349,900 to a high of $380,000. Unfortunately, there have not been any sales of the Drees end units homes thus far in the community. Victoria Falls Market Watch - Villa Styled Townhouses residents should anticipate an … [Read more...]
Victoria Falls Market Watch – Condos
Victoria Falls Market Watch - Condos shows that there are currently no active condos listed on the market for sale at this time. The most recent sale of a condo closed this summer at $235,000 on July 16th. This was the highest sales price for any condo style in the VF community thus far. This increase should be considered great news for those condo resident facing foreclosure, short sale or foreclosure or thinking about relocating to another region. We'll be watching the VF market to see if this trend in increased market values continues going forward. Victoria Falls Market Watch - Condos suggest to condo residents to anticipate continued increases in sales prices moving forward in 2014 – 2015. The Victoria Falls community is fortunate to have a daily stream of interested and motivated buyers searching the internet and Google searches, visiting, walking and looking to relocate into the VF community. Google search engines are giving Central Park at Victoria Falls high ranking at the … [Read more...]
Victoria Falls Market Watch – Single Family Homes
Victoria Falls Market Watch - single family homes provides a peak at the market activity within Central Park at Victoria Falls community. Several properties that were previously listed for sale during the summer have now closed. Coupled with an insufficient inventory of homes for sale and record low interest rates sellers are witnessing a sizzling sales market to say the least! The current supply of home listed have not kept pace with the increased number of home buyers flooding the market looking for homes to purchase. Victoria Falls Market Watch - single family homes focus on the sale of two single family homes this summer. The sale of a Michael Harris (MH) single family home (without a basement) listed and closed escrow at $399,900. This was a Hemingway Model that closed on June 30, 2014 without any sellers’ contributions to the buyer. The other pending sale of a MH single family home (without basement), which was a former model home was rescheduled for closing on the 31st. of … [Read more...]
Selling a Home
Selling a home seems to be a major undertaking….. Question: We are ready to list our house for sale. We would like a quick sale, want to make a reasonable profit on our investment, and save as much as possible on the commissions. Do you have any advice on how to set a fair asking price to attract buyers? Ask the Experts: Selling a home - Deciding on the right asking price is one of the most important factors when selling your home. A price that’s too high can dissuade potential buyers, while a below-market price will reduce the return on your investment. And, may cause buyers to think something’s wrong with the house. Selling a home can be tricky endeavor – To start the process consult with a real estate professional who will prepare a Comparative Market Analysis (CMA) based on your home’s fine features, recent upgrades and location. The CMA will compare your home features with similar homes with similar features that have recently sold in your neighborhood. Usually, within 180 … [Read more...]
First Time Home Buyers with bad credit
First Time Home Buyers with bad credit should know their FICO score early on in the home buying process. This is one of the most important steps when investing in a home. Understanding your FICO score and obtaining a pre-approval letter from a reputable lender will greatly enhance your chances of obtaining loan approval or commitment....Your lender will determine your buying power and maximum loan amount! A mortgage lender will first start with a preliminary credit check. This process could be added to an automated underwriting system to determine any loan conditions prior to determining your buying power. Your estimated loan amount will then be computed based on your credit worthiness. First Time Home Buyers with bad credit - As a first time home buyer should talk to a mortgage lender or search online for your FICO credit score early in the process. A free credit score can be obtained from www.annualcreditreort.com. This site will provide your credit score and a report for a fee. … [Read more...]
Home buyers Tax Credit to Purchase Laurel Foreclosures
The City of Laurel recently passed legislation adopting a tax credit program for purchasers of foreclosed homes within the City of Laurel, Maryland. Home buyers tax credit to purchase Laurel foreclosures - Now in effect, the legislation offers a five-year descending City tax credit of up to $3500 for buyers purchasing their primary residence within Laurel City limits. Under the program, eligible buyers will receive credit for 100% of their City property taxes up to $3500 for two years following purchase. In subsequent years, three to five, the credit will decrease to 75%, 50%, and 25% respectively. Home buyers tax credit to purchase Laurel foreclosures is now available if the property is deemed to be a "distressed property" the purchaser may be eligible for an extended credit. As with similar programs, the credit terminates when the initial purchaser ceases to occupy the home as their primary residence. To learn more and obtain application forms please visit: City of Laurel 8103 … [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...]
Listing Agent’s Job
In addition, to advertising and marketing your property features to the world...... Your listing agent’s job is to work with cooperating agents (selling agent) to secure a purchase offer contract that will net the seller the highest return on their investment ……and one that will settle without delay. This means that from the onset your listing agent must do their due diligence in facilitating the purchase offer contract by ensuring receipt of a buyer’s pre-approval letter from the prospective lender upon receipt of the contract package. The listing agent should contact the buyer’s loan officer to determine if the buyer is qualified to purchase your home (before you sign the purchase offer contract), and if the buyer is solid financially to secure a final loan approval according to the terms in the contract. It’s the listing agent’s job to confirm receipt of a pre-approval letter from the buyer’s lender and any additional supporting documentation to verify the buyers’ ability to … [Read more...]
Down Payment Assistance for First Time Home Buyers
Down payment assistance for first time home buyers are available to purchase a home…… Why rent? Now is the time to plan to purchase that dream home in Laurel, MD, Prince Georges, Anne Arundel or Howard, or Montgomery counties...... If you are a first time home buyer or returning buyer and thinking about purchasing a home this spring take some time to ask a Realtor for a referral to a veteran loan officer who is knowledgeable about the many county grant programs available to assist you with your down payment. There are many grant programs available to assist buyers with their down payment assistance for first time home buyers and/or offer closing cost assistance. The grants are funded by the federal government and ready for immediate use by buyers. For instance, the Federal Home Loan Bank offers $5,000 to buyers for down payment assistance for first time home buyers based on certain income limits. The income limits are not that low and the funds are available for … [Read more...]
Marketing Vision at Adolphus Hawkes Realtors
Marketing Vision The marketing vision at Adolphus Hawkes Realtors keting is unique in that we are committed to our buyers and sellers needs and objectives. Our marketing vision is built around how can we make our home buyers and sellers feel comfortable, calm, and worry-free throughout the entire buying and selling process. Our client’s satisfaction is extremely important to us, therefore we work hard to provide top-notch customer service and superior marketing of all properties we market and advertise. Our marketing vision at Adolphus Hawkes Realtors includes an ideal balance between aggressive and innovative in our marketing strategy to make Adolphus Hawkes Realtors one the premier real estate companies in the Laurel, MD and the District of Columbia. We work to provide insights and information into the current real estate market so you will never have to search among our competition. We are always here to answer your questions and concerns. This marketing plan … [Read more...]