What Does It Mean When a House Gets Condemned?

Your house is your house, right? So, why should anyone have any say in how it’s kept up or repaired? Well, there are certain issues that are considered to be public health issues. When a home has structural issues or internal issues that are extremely significant, it can become condemned. Usually, you’ll get a notice…

What Is The Foreclosure Process In Virginia?

What Is the Foreclosure Process in Virginia?

The foreclosure process depends on two things: your loan provider and your state. In Virginia, there are certain laws that govern foreclosure, but banks have the option of being either more or less forgiving based on the situation. If you’re about to go into foreclosure, read this article to learn what you can expect. Just…

Should I Remodel My House or Move?

If your current home no longer suits you, should you make some modifications to it, or is it time to move? Before you make any drastic decisions, let’s take this step by step. Like many complicated things, this decision can be broken down into simpler steps. What Are Your “Wants” and What Are Your “Needs”?…

How to Prevent Foreclosure

Going into foreclosure is a stressful time for anyone. But it doesn’t have to be inevitable. There are several tools you can use to avoid going into foreclosure — the most important of which is selling your home before it can be foreclosed on. Here’s what you need to know. 1. Communicate With Your Bank…

Should I Rent or Sell My House?

If you’re looking at your home as an investment, you have two major options: renting or selling. Both options have merit, but which one is better? Here are the factors to weigh when determining if you should rent or sell your house:  Are You in a Good Rental Market? Compare your mortgage payments with your…

Home Appraisal Tips for Sellers

A home appraisal is one of the earliest steps in the home-selling process. Most lenders require an assessment from an FHA-approved home appraiser, who will determine the perceived value of the home in question. As a seller, you’ll want to stay informed about the home-appraisal process and maybe even help the appraiser to ensure the…

What is a Cash Offer?

You’ve likely heard the term ‘cash offer’ while preparing to sell your house in Virginia. It’s a common real estate term that denotes an all-cash bid on a house. Typically a cash offer will come from a real estate investor who does not need a mortgage or financing to buy the house. They have the…

Modern Real Estate Terms You Should Learn Before Selling a House

The world of real estate is bogged down with jargon and acronyms. To the uninitiated seller, it can be confusing. The process of selling a home is already convoluted, and all this realtor-speak doesn’t help. We’ve compiled a list of the top real estate terms you should know to better understand the home-selling process. That…

Repairs and Renovations to Avoid When Selling Your Virginia House

It’s not uncommon for homeowners looking to sell their Virginia homes to drop thousands of dollars on repairs and renovations before the big day. They think that by making these “necessary” repairs and renovations, they’ll earn their money back and then some. Unfortunately, it rarely works out like that. Most homeowners take a loss. Of…

Renovations Worth Every Penny When Selling a Home

Your home is more than just a building. It’s your castle. You’re free to do with it as you please, including major renovations. If your plan is to eventually sell, you might not want to jump headfirst into renovations, though. Doing so could cost you a pretty penny. Some renovations—a decked-out kitchen, for example—are costly….