WHAT IS NEEDED IN A HOME...

As I have been working with investors that are rehabbing homes to resell, often the question comes up, WHAT IS NEEDED IN A HOME in order to get financing for a loan or to pass an appraisal?

Below is a list that you may use to help you out regarding these items:


FHA VHDA VA CONV RD

stove
NO. NO. NO. NO. NO

fridge
NO. NO NO. NO. NO

working sink
YES. YES. YES. YES. YES

cupboards
YES. YES. YES. YES. YES

dishwasher
NO. NO. NO. NO. NO

flooring
YES. YES. YES. YES. YES


YES=NEEDS FOR FINANCING
NO=NOT REQUIRED


As Always, I am here to help you with anything Real Estate when you need me!

Eunice Waller
Prudential Simpson & Assoc.
540-842-1061

Just Listed! Price: $169,900 | Address: 9610 Dominion Forest Circle | Beds: 3 | Baths: 2/1 | Sqft: 0 | LotSize: 0.043113

Price: 169900 Address: 9610 Dominion Forest Circle Beds: 3 Baths: 2/1 Sqft: 0 LotSize: 0.043113:

This is "A Really Nice" 3 level Townhome complete with Granite Counters, Hardwood Floors on the main level. Stainless Appliances, New Interior Paint, Recently Replaced Carpet, 2.5 baths. Conveniently located  near shopping, new hospital, I-95 and more! Come take a look ~ Regular Sale! This one will not last!

                                                       SP7756087

An Explanation of Agency Relationships

An Explanation of Agency Relationships


Do you know who represents who in a Real Estate transaction? Did you know there are three kinds of agency relationships:

Seller’s agent

A “seller’s agent” represents the interests of the seller and has a fiduciary responsibility of reasonable care, loyalty, confidentiality and disclosure to the seller. A seller’s real estate professional (agent) works to assist the seller in locating a buyer and in negotiating a transaction suitable to the seller’s specific needs.

Buyer’s agent

A “buyer’s agent” represents the buyer during the home buying process. The buyer’s real estate professional (agent) has a fiduciary responsibility to represent the buyer’s best interests including reasonable care, loyalty and confidentiality.

 Disclosed dual agent

A “disclosed dual agent” represents the interests of both the seller and the buyer, during the same transaction. A dual agent has responsibilities to both seller and buyer and must act in the best interests of both parties.

If you or someone you know is considering a home purchase, Me working for you is a FREE SERVICE protecting your best interest. If you call the Realtor directly off the sign, you are calling the Realtor who represents the seller.

Eunice Waller 

“Helping Families Since 1984!”

                                                        540-842-1061

                                                       Prudential Simpson & Associates

Yummy! Robin's Enchilada Pie :: Robin Hearon [RobinHearon] :: Justapinch.com

I thought you might like to try something really yummy!



Robin's Enchilada Pie :: Robin Hearon [RobinHearon] :: Justapinch.com

Housing Starts Rising...Will 2011 be the Year of Recovery?

Just in case you missed this article yesterday from Bloomberg.com  http://www.bloomberg.com/news/2010-12-28/housing-starts-seen-rising-to-three-year-high-with-belated-u-s-jobs-boost.htmlom. It has positive news and is worth the read.

http://www.bloomberg.com/news/2010-12-28/housing-starts-seen-rising-to-three-year-high-with-belated-u-s-jobs-boost.html

September 2010 Southern Region MarketWatch

Here's what's going on in our neck of the woods....




NO ONE Knows Real Estate Better ~ "Helping Families Since 1984!"

Eunice Waller
Prudential Simpson & Assoc.

540-842-1061

http://www.fredericksburghomesource.com/

USDA FUNDS

USDA Funds

With the re-funding of the USDA’s lending program, housing sales in rural and suburban markets should see some revitalization. This is good news for both buyers and sellers!


Benefits of the program include:

*No-money-down financing
* No mortgage insurance (a onetime funding fee is financed into the loan at closing)
* Expanded underwriting guidelines
*Interest rates comparable to standard FHA and Conventional financing

This is good news for buyers and sellers in rural and some suburban markets that qualify for USDA funding!

There are limits on both buyers’ income and loan amounts:

Income limits are set by the property location and will vary from county to county.

If you are interested in learning more about USDA funding and whether you and the property you are interested in qualify, please let me know. I can put you in touch with a trusted mortgage loan officer who can help answer your questions.

Eunice Waller

Prudential Simpson & Assoc.

540-842-1061

http://www.fredericksburghomesource.com/

http://eunicewaller.blogspot.com/

It's Time To Change!

Time Change!

Are You Ready To Fall Back?

I would like to remind you that this Sunday, November 7th is Time Change Sunday.

Don’t forget to “Fall Back” and set your clocks back 1 hour BEFORE you go to bed Saturday night! Please don't forget to change the batteries in your smoke and carbon dixoide detectors.

And if you or someone you know is considering a move now is the time...interest rates and home prices are historically low plus there is a good supply to choose from.

Eunice Waller

Prudential Simpson & Assoc.

540-842-1061

www.FredericksburgHomeSource.com

Did You Know...

Did you know:

 According to recent data, the total annual production of pumpkins in the U.S. was 931 million pounds. Illinois led the country by producing 429 million pounds, followed by California and Ohio.


Thanks to the popularity of “Twilight” and “True Blood”, vampire costumes are anticipated to be this year's hot Halloween outfit. Also, look for plenty of Na'vi characters from the movie "Avatar" and "Alice in Wonderland" characters, such as Alice, Mad Hatter and the Queen of Hearts.



Last year, the annual per capita consumption of candy by Americans was 24.3 pounds. Kids consume a large portion of that on and during the days immediately following Halloween.

Don’t Forget:

Daylight saving time ends Sunday, November 7, 2010, at 2 a.m. Most will set their clocks back one hour. Arizona (except some Indian reservations), Hawaii, Puerto Rico, the U.S. Virgin Islands and American Samoa do not observe daylight saving time.
 
Hope you have a fun and safe Halloween!


From Your Trusted Real Estate Advisor 

Eunice Waller 

Prudential Simpson and Associates                                     
540-842-1061

NO ONE Knows Real Estate Better ~ "Helping Families Since 1984!"

http://www.fredericksburghomesource.com/

Fly The American Flag on 9/11

September 11, 2011…Fly the American flag of any size on 9/11.

On Saturday, September 11th, 2010, the American flag should be displayed outside every home, apartment, office, and store in the United States. Every individual should make it their duty to display the American flag on the ninth anniversary of one our country's worst tragedies. Please do this honor of those who lost their lives on 9/11, their families, friends and loved ones who continue to endure the pain, and those who today are fighting at home and abroad to preserve our cherished freedoms. The American flag is the fabric of our country and together we can prevail. Take a moment to think back to how you felt on 9/11 and let those sentiments guide you.

Honestly, I think we as Americans should fly the flag year-round, but if you don't, then at least make it a priority on this day.

PS: My Flag is flying!

God Bless You and God Bless America!!!  


http://www.youtube.com/watch?v=tNqUORIFV4I



Eunice Waller

Prudential Simpson and Associates

540-842-1061

http://www.fredericksburghomesource.com/

Now This Doesn't Happen Often!

Home Prices and Mortgage Rates are low at the same time!!! Now this doesn't happen often!!! With home prices and interest rates historically low, it's a good time to purchase a home.

If you or someone you know is considering a  home purchase...then let's talk about your opportunity to own a home before home prices or interest rates start to creep up. They will not stay low like this forever! Remember...This is what I do and it's all about you!

NO ONE Knows Real Estate Better ~ "Helping Families Since 1984!"

Eunice Waller
Prudential Simpson & Associates

Call or Text: 540-842-1061

http://www.fredericksburghomesource.com/