From the monthly archives:

May 2006

Listen to the Podcasts!

May 31, 2006

The Charlottesville Area Real Estate Blog now features audio podcasts!  All of the podcasts will be available in MP3 format.  You can listen to the first one here: Download PodcastIntro.mp3 My plan is to make these podcasts available on a regular basis.  In the future, the podcasts will probably be a "Week/Month in Review."  I [...]

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You Know Your Scores, Now Know the Difference

May 31, 2006

Hopefully, you read my post on Monday, the 29th, about credit scores (How Much do You Know About Your Credit Score?).  Hopefully, if you hadn’t done so already, you made an attempt to try to find out more about your credit score.  If did this, and did on through one of the credit reporting websites, [...]

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VDOT Funds Used to Improve Localities

May 31, 2006

VDOT has given funds to a few local counties that they can use for improvements, as reported in this article from The Daily Progress.  Most of the artcile focuses on the improvments that Fluvanna County will be making to the Pleasant Grove area.  Having been to Pleasant Grove very recently, and the Fluvanna Heritage Trail [...]

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Avoid These Mortgage Mistakes

May 30, 2006

Let’s face it, we all make mistakes.  One place time that you definitely want to avoid making mistakes, whenever possible, is applying for a mortgage.  The last thing you want to do is make a mistake that you pay for over 30 years– with interest. So if you want to avoid making mortgage mistakes, take [...]

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Caveat Emptor: New Construction Contracts

May 30, 2006

The contract is the very thing that initiates and rules a home purchase transaction.  While it is a document of the utmost importance, very few people really understand all the clauses that can be involved.  This is especially true of new-construction contracts.  These contracts are, very often, written by attorneys who work for the construction [...]

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The End of Down-Payment Assistance?

May 29, 2006

The IRS recently handed down a ruling that effects the non-profits out there that supply down-payment assistance to people who are using FHA loans to buy homes.  The ruling could mean an end to these organizations.  BankRate put out a very good two-page article on the ruling and the impact it could have. If the [...]

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How Much do You Know About Your Credit Score?

May 29, 2006

Most people know that their credit score is very important when they go to apply for a home loan; but how much to people really know about credit scores?  According to a recent survey, not very much: Consumers Still Don’t Fully Understand Credit Scores (May 25, 2006) — A new survey conducted by the Consumer [...]

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$75M is now Chump Change

May 26, 2006

If you saw my previous post on what was the most expensive home listed in the US, at $75M, and thought to yourself, "man, that is a lot of money for a house," get a load of this:  The Donald is selling his waterfront Florida mansion for a whopping $125M!  Read all about it in [...]

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April Home Sales in Area Up, But So Is Inventory

May 26, 2006

Yesterday, I wrote about the national home sales statistics.  Today, I am going to let you know what the sales were like for the Charlottesville Area.  For the purpose of this survey, I used the statistics from the CAAR MLS for the areas of Charlottesville, Albemarle, Fluvanna, Greene, Louisa, and Nelson. Total March Sales:  259  [...]

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Home Additions We All Dream Of

May 26, 2006

People are always asking me, what type of additions/renovations they can make to improve the value of their home.  I imagine that this is partially a product of the plethora of television shows out there that show people how "easy" it is to renovate a room and instantly add $10,000 to the home’s value.  I [...]

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