Blooms Mill Market update for October 7, 2010
There is 5 "ACTIVE" Homes for sale in the Blooms Mill community in Manassas, Virginia at this time. The homes are priced between $259,000 - $460,000. Currently there are 10 Homes in the Blooms Mill community under contract.
Last week one home closed in Blooms Mill
PW7343525 - 8126 BREEZY KNOLL DR, MANASSAS, VA 20111 - $F386,000.
Click here to search the MLS
Click here to receive a free list of Foreclosures in Bristow
Find out your home’s value
Chris Colgan Team
RE/Max Regency
10550 Linden Lake plaza suite 102
Manassas, VA 20109
703-485-1435
http://www.chriscolgan.com/Find out your home’s valueFind out your home’s value
Thursday, October 7, 2010
SOMERSET MARKET UPDATE FOR OCTOBER 7, 2010
Somerset Market update for October 7, 2010
There are 6 "ACTIVE" Homes for sale in the Somerset community in Gainesville, Virginia at this time. The homes are priced between $219,900 - $385,000. Currently there are 9 Homes in the Somerset community under contract.
Last week one home closed in Somerset
PW7367472 - 7321 SIDE BAY CT, GAINESVILLE, VA 20155 - $395,000.
Click here to search the MLS
Click here to receive a free list of Foreclosures in Bristow
Find out your home’s value
Chris Colgan Team
RE/Max Regency
10550 Linden Lake plaza suite 102
Manassas, VA 20109
703-485-1435
http://www.chriscolgan.com/Find out your home’s valueFind out your home’s value
There are 6 "ACTIVE" Homes for sale in the Somerset community in Gainesville, Virginia at this time. The homes are priced between $219,900 - $385,000. Currently there are 9 Homes in the Somerset community under contract.
Last week one home closed in Somerset
PW7367472 - 7321 SIDE BAY CT, GAINESVILLE, VA 20155 - $395,000.
Click here to search the MLS
Click here to receive a free list of Foreclosures in Bristow
Find out your home’s value
Chris Colgan Team
RE/Max Regency
10550 Linden Lake plaza suite 102
Manassas, VA 20109
703-485-1435
http://www.chriscolgan.com/Find out your home’s valueFind out your home’s value
INDEPENDENCE MARKET UPDATE FOR OCTOBER 7, 2010
Independence Market update for October 7, 2010
There are 10 "ACTIVE" Homes for sale in the Independence community in Manassas, Virginia at this time. The homes are priced between $249,900 - $349,900. Currently there are 9 Homes in the Independence community under contract.
Last week one home closed in Independence.
There are 10 "ACTIVE" Homes for sale in the Independence community in Manassas, Virginia at this time. The homes are priced between $249,900 - $349,900. Currently there are 9 Homes in the Independence community under contract.
Last week one home closed in Independence.
PW7419897 - 8719 PHIPPS FARM WAY, MANASSAS, VA 20109 - $267,500.
Click here to search the MLS
Click here to receive a free list of Foreclosures in Bristow
Find out your home’s value
Chris Colgan Team
RE/Max Regency
10550 Linden Lake plaza suite 102
Manassas, VA 20109
703-485-1435
http://www.chriscolgan.com/Find out your home’s value
Click here to search the MLS
Click here to receive a free list of Foreclosures in Bristow
Find out your home’s value
Chris Colgan Team
RE/Max Regency
10550 Linden Lake plaza suite 102
Manassas, VA 20109
703-485-1435
http://www.chriscolgan.com/Find out your home’s value
Stratford Market update for October 7, 2010
Stratford Market update for October 7, 2010
There is 1 "ACTIVE" Home for sale in the Stratford community in Manassas, Virginia at this time. The home is priced at $126,797. Currently there is 1 Home in the Stratford community under contract.
Last week zero homes closed in Stratford
Click here to search the MLS
Click here to receive a free list of Foreclosures in Bristow
Find out your home’s value
Chris Colgan Team
RE/Max Regency
10550 Linden Lake plaza suite 102
Manassas, VA 20109
703-485-1435
http://www.chriscolgan.com/Find out your home’s value
There is 1 "ACTIVE" Home for sale in the Stratford community in Manassas, Virginia at this time. The home is priced at $126,797. Currently there is 1 Home in the Stratford community under contract.
Last week zero homes closed in Stratford
Click here to search the MLS
Click here to receive a free list of Foreclosures in Bristow
Find out your home’s value
Chris Colgan Team
RE/Max Regency
10550 Linden Lake plaza suite 102
Manassas, VA 20109
703-485-1435
http://www.chriscolgan.com/Find out your home’s value
Monday, October 4, 2010
How To Navigate A List Of Foreclosure Auctions To Get The Best Deals
How To Navigate A List Of Foreclosure Auctions To Get The Best Deals
By: John Cutts
Knowing how to research properly is essential in getting the best deals from the foreclosures market. While you may have enough money and financial resources to get started on your investment, the power of getting and having the right information cannot be discounted. A list of foreclosure auctions will help every potential buyer and investor but knowing how to conduct proper research is as equally important as the tool itself.
Research Is Important
The first step in foreclosure investing is always to conduct a research on properties that you are enticed to buy. Making a shortlist of all the properties you are interested in is also a great way to track your progress as well as discard information that you do not have use for anymore. Notices of default and announcements of public sales are some of the best sources of information that you can use in finding foreclosed properties.
Of course, you can still use other channels of information like the classifieds sections in newspapers, newsletters, magazines and online foreclosure listings to find list of foreclosure auctions as well as other foreclosed properties. The next step is to find out whether these properties are burdened with liens, debts and other obligations. Also, it is important to assess the properties’ values in order to know whether the asking price is reasonable for such type of property.
Elements Of Research
Of course, a list of foreclosure auctions is not the only tool that you will need for your foreclosure investing. As a buyer, it is also highly important for you to know and understand the state laws governing foreclosures. Foreclosure laws are not uniform across the country; you will need to research the particular laws that will govern your purchase and transactions depending on the state where the property is located.
Also, it might also be helpful for you to find out that not all foreclosed properties are used homes or pre-owned. Some of them were foreclosed due to the inability of their builders and contractors to sell them and had difficulty paying off their construction loans. The foreclosure process for these projects is similar to the regular foreclosure. You may not normally see them in a list of foreclosure auctions but you can nevertheless bid for and buy them.
Author Resource:-> Original Post: How To Navigate A List Of Foreclosure Auctions To Get The Best Deals on ForeclosureDeals.com.
Article From Real Estate Pro Articles
Chris Colgan team
Re/max Regency
http://www.chriscolgan.com/
Prince William County Real Estate Blog: What are Sellers’ Costs?
Prince William County Real Estate Blog: What are Sellers’ Costs?: "What are Sellers’ Costs? Selling a home, very much like buying a home, can be an expensive procedure. First-time sellers often do not real..."
What are Sellers’ Costs?
What are Sellers’ Costs?
Selling a home, very much like buying a home, can be an expensive procedure. First-time sellers often do not realize the extent of the costs that they may face. Educated sellers who have done their research are almost always able to significantly reduce the costs that they incur while selling their home.
If you are selling your home with the intention of moving to another home or relocating to another city, the first step in the selling process is the same as the first step in the buying process: contact a mortgage lender for a loan pre-approval. This step is important because there have been cases where sellers have sold their home before learning that they could not qualify for a mortgage to buy the home they wanted. In these cases, the sellers come out of the transaction unhappy and end up living in a home that is less than what they had expected.
The next step is to carefully research the costs associated with the new home that you intend to purchase. If you plan to move to an area with a higher cost of living, you will need to evaluate affordability just like you did when you purchased your first home.
In most cases, the costs associated with obtaining a mortgage pre-approval and buying a new home cannot be avoided. Fortunately, a seller who is also a well educated buyer usually can reduce the costs that he or she incurs to purchase a new home and assume a new mortgage loan.
In addition to the costs mentioned above, here is a list of other costs commonly associated with selling a home.
Agent Costs
Choose to work with a certified realtor who has vast expertise and years of experience. The realtor fee that he or she will receive from your sale will be paid in the form of a commission at the time of the closing.
Closing Costs
The seller often assists the potential buyer by offering to pay some percentage of the closing costs. Depending on the mortgage program that the buyer has chosen to use, the amount that the seller can pay may be limited. This limit may be percentage-based or it may depend on the size of the buyer’s down payment. Some Veteran’s Administration (VA) mortgage programs allow the seller to pay all of the closing costs.
Closing costs are one of the most variable costs for sellers, and the only way to clearly know the amount ahead of time is say that you will pay none of the closing costs, or to impose a ceiling on the amount that you are willing to pay.
Keep in mind that when you offer to pay closing costs, the offered price for the home is usually raised. In effect, the buyer reimburses you for your contribution.
The capital gains tax does not necessarily mean that you will need to write a large check. The laws governing capital gains taxes defer payment for sellers who are going to buy a new home with an equal or greater value within a certain amount of time following the sale of their home
Repairs
The cost of preparing your home for sale is highly variable. If you merely clean and apply a coat of paint to the interior walls, your repair costs will be insignificant. However, if you determine that the home will sell for more with a new roof and an enclosed patio, the cost of making these modifications could be quite high.
Naturally, these are not the only possible repair costs. Home inspections often reveal problems that the seller is obligated to repair or update before the sales transaction can be finalized. Sometimes the buyer is willing to assist with these costs, but at other time the seller must bear the burden alone. Depending on the age, location and style of your home, as well as its upkeep over time, the home inspection may be favorable or unfavorable for the seller.
You can often reduce the unexpected cash outlay by getting a home inspection of your own before placing your home on the market.
Advertising Costs
When you opt to sell your home with a realtor’s assistance, you avoid the expense of advertising your home for sale. However, if you opt to sell without an agent in the hopes of avoiding the agent commission, then you are responsible for all the advertising costs. These costs can be insignificant or substantial, depending on the location, the type of advertising you select, and the number of people who pass by your home daily.
A realtor will advertise your home to other realtors in the area, who will then pass along information to their clients, potential buyers. Their expertise is in successful advertising, and they will do everything possible to make sure that you are pleased with the results.
Capital Gains Tax
Capital gains taxes apply only to those sellers whose home has increased in value. The increase in value must be significant before the tax becomes a concern.
The capital gains tax does not necessarily mean that you will need to write a large check. The laws governing capital gains taxes defer payment for sellers who are going to buy a new home with an equal or greater value within a certain amount of time following the sale of their home.
In some cases, particularly when the owner was the home’s primary occupant while the property was owned, capital gains taxes do not apply. A tax advisor or governmental taxing agency can provide you with the information you need to estimate and pay any capital gains taxes that will be assessed when your home sells.
FSBO Costs
If you opt to sell your home as “For Sale by Owner” (FSBO) without a realtor, you will face many expenses during the sales process. These costs can vary significantly, depending on how you market the home, which professional(s) you select to handle your paperwork, and how of the sale you can handle on your own. Contact an FSBO expert for information about sellers’ costs in FSBO transactions.
Many realtors are experienced in FSBO sales, as well as traditional sales. If you are considering selling your home FSBO, contact a realtor at any time with questions or concerns.
Hopefully this list of sellers’ costs has helped you to determine the amount of cash that you will need to have on hand in order to successfully sell your home.
By selecting me a realtor to watch out for your interests and act as your seller’s agent throughout the sale of your home, you can greatly decrease your expenditures. A good realtor can offer you expertise based on years of experience. He or she can also tell you where you should spend your hard-earned money and where you can save it.
You have control over many of the costs listed above, but there may be additional costs that are not included in this list. Contact your realtor and mortgage lender for more information, and even work directly with the buyer in order to make the sale of your home work for you.
Chris Colgan
Remax Regency
http://www.chriscolgan.com/
Selling a home, very much like buying a home, can be an expensive procedure. First-time sellers often do not realize the extent of the costs that they may face. Educated sellers who have done their research are almost always able to significantly reduce the costs that they incur while selling their home.
If you are selling your home with the intention of moving to another home or relocating to another city, the first step in the selling process is the same as the first step in the buying process: contact a mortgage lender for a loan pre-approval. This step is important because there have been cases where sellers have sold their home before learning that they could not qualify for a mortgage to buy the home they wanted. In these cases, the sellers come out of the transaction unhappy and end up living in a home that is less than what they had expected.
The next step is to carefully research the costs associated with the new home that you intend to purchase. If you plan to move to an area with a higher cost of living, you will need to evaluate affordability just like you did when you purchased your first home.
In most cases, the costs associated with obtaining a mortgage pre-approval and buying a new home cannot be avoided. Fortunately, a seller who is also a well educated buyer usually can reduce the costs that he or she incurs to purchase a new home and assume a new mortgage loan.
In addition to the costs mentioned above, here is a list of other costs commonly associated with selling a home.
Agent Costs
Choose to work with a certified realtor who has vast expertise and years of experience. The realtor fee that he or she will receive from your sale will be paid in the form of a commission at the time of the closing.
Closing Costs
The seller often assists the potential buyer by offering to pay some percentage of the closing costs. Depending on the mortgage program that the buyer has chosen to use, the amount that the seller can pay may be limited. This limit may be percentage-based or it may depend on the size of the buyer’s down payment. Some Veteran’s Administration (VA) mortgage programs allow the seller to pay all of the closing costs.
Closing costs are one of the most variable costs for sellers, and the only way to clearly know the amount ahead of time is say that you will pay none of the closing costs, or to impose a ceiling on the amount that you are willing to pay.
Keep in mind that when you offer to pay closing costs, the offered price for the home is usually raised. In effect, the buyer reimburses you for your contribution.
The capital gains tax does not necessarily mean that you will need to write a large check. The laws governing capital gains taxes defer payment for sellers who are going to buy a new home with an equal or greater value within a certain amount of time following the sale of their home
Repairs
The cost of preparing your home for sale is highly variable. If you merely clean and apply a coat of paint to the interior walls, your repair costs will be insignificant. However, if you determine that the home will sell for more with a new roof and an enclosed patio, the cost of making these modifications could be quite high.
Naturally, these are not the only possible repair costs. Home inspections often reveal problems that the seller is obligated to repair or update before the sales transaction can be finalized. Sometimes the buyer is willing to assist with these costs, but at other time the seller must bear the burden alone. Depending on the age, location and style of your home, as well as its upkeep over time, the home inspection may be favorable or unfavorable for the seller.
You can often reduce the unexpected cash outlay by getting a home inspection of your own before placing your home on the market.
Advertising Costs
When you opt to sell your home with a realtor’s assistance, you avoid the expense of advertising your home for sale. However, if you opt to sell without an agent in the hopes of avoiding the agent commission, then you are responsible for all the advertising costs. These costs can be insignificant or substantial, depending on the location, the type of advertising you select, and the number of people who pass by your home daily.
A realtor will advertise your home to other realtors in the area, who will then pass along information to their clients, potential buyers. Their expertise is in successful advertising, and they will do everything possible to make sure that you are pleased with the results.
Capital Gains Tax
Capital gains taxes apply only to those sellers whose home has increased in value. The increase in value must be significant before the tax becomes a concern.
The capital gains tax does not necessarily mean that you will need to write a large check. The laws governing capital gains taxes defer payment for sellers who are going to buy a new home with an equal or greater value within a certain amount of time following the sale of their home.
In some cases, particularly when the owner was the home’s primary occupant while the property was owned, capital gains taxes do not apply. A tax advisor or governmental taxing agency can provide you with the information you need to estimate and pay any capital gains taxes that will be assessed when your home sells.
FSBO Costs
If you opt to sell your home as “For Sale by Owner” (FSBO) without a realtor, you will face many expenses during the sales process. These costs can vary significantly, depending on how you market the home, which professional(s) you select to handle your paperwork, and how of the sale you can handle on your own. Contact an FSBO expert for information about sellers’ costs in FSBO transactions.
Many realtors are experienced in FSBO sales, as well as traditional sales. If you are considering selling your home FSBO, contact a realtor at any time with questions or concerns.
Hopefully this list of sellers’ costs has helped you to determine the amount of cash that you will need to have on hand in order to successfully sell your home.
By selecting me a realtor to watch out for your interests and act as your seller’s agent throughout the sale of your home, you can greatly decrease your expenditures. A good realtor can offer you expertise based on years of experience. He or she can also tell you where you should spend your hard-earned money and where you can save it.
You have control over many of the costs listed above, but there may be additional costs that are not included in this list. Contact your realtor and mortgage lender for more information, and even work directly with the buyer in order to make the sale of your home work for you.
Chris Colgan
Remax Regency
http://www.chriscolgan.com/
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