Rising Interest Rates?
Over the last couple of weeks, interest rates have began to creep up slowly from the low historic mortgage rate of 4.5% to roughly 5%. Rates have been at or around all time historic lows for the last couple of years, and many economic gurus are saying that’s all over with.
Over the last year, with [...] Making your IRA work for you!
One of the least known methods for getting some of the necessary funds to put down on an investment property is a self directed IRA. It has been available for use since 1974, and is an excellent way to come up with the capital to get some of these bargains available.
With most bank owned or [...] Hampton Roads Foreclsoure Market 1st Quarter 2009
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Foreclosureshave become more and more prevalent across the country, including right at home here in Hampton Roads, Virginia. In the first three months of 2008, foreclosed homes were about 4.17% of all residential sales. Short Sales, REO’s, and bank owned properties were accounted for in that analysis.
In 2009, for the same quarter as 2008, foreclosures [...] Foreclosure & REO Sales Dominate the Market
All across the country, we are experiencing an overload of bank owned and foreclosed homes on the market for sale. With that saturation of listings for sale in an already slower market, it makes it harder to sell a home. It also gives great benefit to buyers looking for great deals, as usually they are [...] Hampton Roads Investment Property Financing
Many investor clients of mine have inquired about obtaining financing for investment property amidst the financing turmoil that we’ve been experiencing for the last year. Many investors have had to become very creative in getting the financing they need to continue making money in a down market.
There are so many fantastic dealsout there currently, the [...] Hampton Roads Real Estate & Short Sales
With Short Sales becoming more and more prevalent in our marketplace and around the country, I want to discuss the ins and outs of these types of properties so buyers and sellers will have a better understanding of what they are facing.
Short sales essentially are pre foreclosure deals. Rather than letting the property go into [...] Virginia Beach Real Estate 5846 Pickering St.
Yet another price reduction to make this home sell fast. Currently priced at 119k, this home is priced about 40k below market value. Property is in excellent condition and ready for new home owner to move in. Excellent water views from the master bedroom and sits on the lake. To get more info on this [...] Virginia Beach Real Estate 1220 Ginger Cres.
Another price reduction! This is a huge home in Virginia Beach with almost 2400 sq/ft. 4 beds, 2.5 baths, 2 car garage and priced to sell. Reduced price from $299k to $269k. Does need some TLC, but priced right for this size of home. To get more info on this listing, or any of my [...]
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Portsmouth Real Estate Price Reduction 420 County St.
I am excited to announce that we have just reduced price on an excellent investment property in Olde Towne Portsmouth on 420 County St from $269,900 to $199,900. That is a huge reduction in price and is priced for a very quick sale. To get more info on this listing, or any of my current listings, please [...] Virginia Beach Real Estate 5846 Pickering St. Townhome for Sale
This is another excellent opportunity to purchase this townhome well below market value. It sits on the lake and has excellent water views and is in great condition. Featured 3 bedrooms, 2.5 baths and has 1512 sq/ft. Marble tiled kitchen, central heat and air, and very centrally located in Virginia Beach. For more information on [...] | 
