Homebuying 101 · the wonderful world of Real Estate

RENT. Your landlord thanks you for your $15,000.00 contribution!

According to myapartmentmap.com, the average rent for a one-bedroom apartment in Virginia is $1,272. That’s $15,264 per year in rent. You might be surprised to know if you bought a home for $255,968, your monthly principle and interest payment would be approximately *$1,200!

There are many times in life when renting is the best option, no doubt. But once you find the area and neighborhood in which you can envision yourself settling in and putting down roots, you don’t have to let the fear of not having the money necessary for a downpayment keep you in that apartment another year!

Many households earn enough to make monthly mortgage payments (many times it’s less than rent) but keep themselves out of the home buying market due to the belief they can’t come up with the downpayment. What you may not know is there are hundreds of downpayment assistance programs around the country that go underused because people don’t know about them. There are many programs available to help mortgage-ready households and requirements might not be as limiting as you think.

In Virginia, downpayment assistance for first time homebuyers is administered by the Virginia Department of Housing and Community Development (VHDA). There are loads of programs through HUD to assist buyers and homeowners in buying and keeping their homes. Check out either above link for details and qualifications for downpayment help.

You could be on your way to building equity rather than building your landlord that new swimming pool                      pi5855XMT Remember, when you’re ready to start the search for your home, I’ll be ready to show them to you!

Special Agent 32 christy.young@kw.com

* Based on a 30-year fixed rate mortgage, at an annual interest rate at 3.85%

 

the wonderful world of Real Estate · Uncategorized

“Things I always wanted to know about Real Estate…”

Hello! Thank you for having the faith to check out the very first post in my new blog, I will do my best to write things you want to read, link you to things you want to know, and (exhale) to keep it brief. XOXO

Truth be told, when I decided it was time for me to get the facts about this business called Real Estate, all I knew for certain was you needed a license. Even after I Googled itI was unsure where to start. There were National and State exams and requirements, online and classroom Real Estate Schools, schools within some of the bigger companies…seriously, it’s a LOT of information.

So if you’ve ever wondered what sort of schooling and training it takes to become a Real Estate Agent in Hampton Roads start right here with Principles of Real Estate (in Hampton Roads), Alpha College of Real Estate

Classes are starting May 1st. Maybe it’s your time to check it out…

Follow my blog for more “Things I always wanted to know about Real Estate…”

            Christy, Special Agent 32

Buying your home? · Homebuying 101 · Selling you home? · the wonderful world of Real Estate · Uncategorized

A Home Warranty can help seal the deal!

Most people fall into one of two categories when it comes to warranties, those who buy them and those who just don’t. Unfortunately, what typically distinguishes the two is the life experience of having a warranty, filing a claim, and actually getting that repair or replacement and never having suffered a loss and knowing the frustration of being SOL.

When  it comes to the biggest purchase of most of our lives, your home, being without that coverage when something goes wrong can be catastrophic.

As a Seller, offering a home warranty to you prospective buyer says you are confident that your home and its systems are in great working order, but should something go wrong…they are covered. In many cases the Home Warranty Company will offer free coverage while your home is listed with the commitment to provide your buyer with coverage!

As a Buyer this coverage on your new home, whether provided by the Seller or purchased by you, can take a great deal of the worry and stress out of your experience and allow you to focus on what matters..

Home Warranties   (click for more info)  pass it on…

 

#specialagent32

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trusted home warranty coverage

 

 

 

home, garden, and more · Life in Hampton Roads · the wonderful world of Real Estate

I may just owe Hampton an apology…

Growing up in Virginia Beach, we didn’t have too many occasions to cross the water to Hampton. The annual trip to the Coliseum for the Circus or Ice Capades, and concerts when I was older (really GREAT concerts-I’m talking Aerosmith, Van Halen, The Grateful Dead, Queensryche, TOOL…), but I never drove. It seemed like it was so far away, and then there was the tunnel-what if there was traffic? What if I got lost? I knew absolutely nothing about the neighborhoods and people who lived “over there”.

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Oh course, I realize now that my uneasiness was just absurd! Held over memories of conversations between my parents when I was a kid, I feel sure.

Since beginning my Real Estate journey, I’ve searched for many homes in Hampton and Newport News and taken many trips through the tunnel at all hours of the day and I’ve found that (1) there are some amazing homes-big, small, really big, new, old, charming, beautiful homes (2) the tunnel traffic is not a big deal. After taking 2 hours to get home from work in Ghent between flooding and accidents-like 3 times-seriously, and (3) Fort Monroe is very cool. If you haven’t been there since it opened to the public you really have to go! More info here

The Military transferred control of the historic Fort to Virginia on September 15, 2011, ending the Army’s 188 year presence at Fort Monroe. Pretty impressive history and so much to see!

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So, I’m truly sorry, Peninsula, for not seeing your awesomeness and how very Virginia you are!

There are some choice properties available in Hampton and Newport News, Download my app here, or visit my website to search-I’m here to help!

Christy

 

more cool Hampton links:

 

 

home, garden, and more · Uncategorized

It’s planting season…make sure you know which common backyard and household plants may be poisonous to your pets!

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Before you and your ever so helpful K9 start planting flowers, plants, veggies and shrubs in the yard this season, be sure to check the list of plants that may be toxic to you or your pets! There is a great list here http://www.petpoisonhelpline.com/pet-owners/basics/top-10-plants-poisonous-to-pets/ with photos.

I was really surprised a few years ago that Aloe plants are poisonous to most cats. It has a bitter taste, but for some reason they like to chew on it. So, kitty lovers, watch out for toxic houseplants…

 

home, garden, and more · the wonderful world of Real Estate

Selling your home? Which improvements will bring the highest return on your $$$?

The perennial chart toppers for the highest return on investment are the cheapest to pull off. This year (as last), the No.1 finisher was installing loose-fill fiberglass insulation in the attic. Not exactly sexy, but boy, is it cost-effective! In fact, this is the only project that regularly pays back more than you invest, with an average 107.7% ROI.

Next up is replacing a run-of-the-mill entry door with an attractive yet tough steel replacement at 90.7%, followed by manufactured stone veneer at 89.4%. Glamorous, no. Valuable, very.

On average, in 2017, you can expect to get back 64% on every dollar you plow into home improvements last year.

Last but not least, the 2017 data suggest that “curb appeal” projects (such as new doors and exterior siding) generate higher returns than improvements done on a home’s interior. In other words, it really isn’t what’s on the inside that counts. If you’re trying to sell, pretty up the outside and it’ll pay off in spades.

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For more details on this please visit http://www.realtor.com/news/trends/best-and-worst-renovations-to-make-in-2017/

 

home, garden, and more

Interior Design Trends for 2017 what’s hot & what’s not

IN: Handmade original pieces, hand dyed raw fabrics, feminine embellishments         (lace, ruffles, jewels)

Art deco furniture, mixed metals, pottery, contemporary wallpaper, rounded edges

Colors-Mustard/curry, rich jewel tones, nude/beige/grey solid color walls

NAVY BLUE is THE accent color

OUT: Faux-wood, fur & leather

Mass produced “reclaimed distressed wood” faux antiques

Geometric tiles, Edison bulbs, overstuffed furniture

Colors- White walls, shades of grey

In the Kitchen-the heart of the home!

Quartz continues to rule, and the development of composite surfaces makes this a more affordable option with a great return on the investment at sale time!

Brass accents are big, mixed in with the sleek, clean industrial look (stainless, stainless, stainless).

Modern cabinets with no handles and rounded edges are still hot- Small appliance storage & clean counter spaces continue to challenge designers to offer new nifty hidden pantries and stackable storage options.gallery-1483296100-lochanna-butler-pantry

More technology! The smart home isn’t just Hollywood anymore.

Kitchen Colors-white, black, grey and navy

More info http://www.housebeautiful.com http://www.mydomaine.com/latest-interior-design-trends