Charlottesville Recognized Nationally for being a Walkable City
..."Charlottesville is among only eleven communities recognized in the inaugural round of Walk Friendly Communities announced. The Walk Friendly Community designation, awarded from bronze to platinum, is given to applicant communities that have demonstrated a commitment to improving and sustaining walkability and pedestrian safety through comprehensive programs, plans and policies."
How great is that!? I certainly try to take advantage of Charlottesville's walkability as often as possible. Morning walks to the Lawn are my favorite.
Labels: charlottesville, charlottesville real estate, home purchase, home sale, walking
Consider the source
it's interesting when renters say bad things about the property they live in. Do they have Purchaser's best interest at heart? Do they just want to scare away the buyer, so they don't have to move? My advice- listen but don't believe everything you hear, always verify from a trusted and knowledgeable source.
Labels: charlottesville, charlottesville real estate, home purchase
Open House 2:30-4, Sunday 1/30
714 Lyons Ave, in Charlottesville $675,000
Come see me in this DOWNTOWN CHARMER ON OVER 1 ACRE! Solid brick construction, this 6 Bedroom home is much larger than it appears. Special features include formal and informal spaces with beautiful hardwood floors, radiant heat, renovated kitchen with cherry cabinets, granite tops, artist studio, large walk out terrace level and a wonderful oversized lot.
Labels: charlottesville real estate, Downtown, Historic District, home purchase
5 GREAT REASONS TO PURCHASE A HOME!
1. TAX CREDITS- The $8,000 tax credit is available for 1st time homebuyers (not owning a home within the last 3 years) plus the new $6,500 tax credit for people who have lived in their primary residence for 5 years or more. The contract has to be ratified by April 30, 2010 and close by June 30 2010.
2. 100% FINANCING - USDA Rural Development is available for a large number of potential buyers. Right now borrowers could get 5.0% 30 year fixed rate w/no Mortgage Insurance which is incredible.
3. HISTORICALLY LOW RATES - 30 yr fixed rates at 4.875% and for the first time in a long while the adjustable rates are very attractive. A 5 yr fixed ARM is now down to 3.875% which could be perfect for the person at UVA or NGIC who will only be in the area 4-5 years. Remember with the lower interest rate 2 things happen, you lower the monthly payment while putting more money per month to the principal.
4. FHA FINANCING - FHA is gaining market share w/3.5% down payment that can be in the form of a gift, 620 credit score and no income limit. This is not just for 1st time homebuyers, and you can even own another property as long as it is not an FHA mortgage.
5. RENOVATION PURCHASE LOANS – If you love this house but it needs….. FHA 203k renovation loan might be a solution. You can add the cost of improvements to the purchase price.
Labels: charlottesville, charlottesville real estate, home purchase, tax credit
