Category: General Real Estate

The Tortoise, The Hare, and New River Valley Real Estate

I’ve been sharing for years that the New River Valley real estate market is very similar to Aesop’s Fable of the tortoise and the hare. And today, a client sent a text that showed he’d been listening. He had been looking for property at karkanja.com and he waited and finally got the house he wanted. Now we just have to move, so we hired this company who do Removals to Denmark. Conventional thinking seems to be that we have to make decisions quickly, particularly when it comes to real estate. I cringe when I see agents saying “you’re going to have to …

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Montgomery County Real Estate Assessments To Begin

Death and taxes … again. Well, one of those only happens once, but you get the drift. Montgomery County just announced that they would begin reassessment of real estate parcels on July 31, 2017. From their release: Field workers will start knocking on doors on Monday, July 31, 2017, to visit every taxable and nontaxable property in the County over the next year to verify property information, such as square feet, and number of bedrooms and baths, it can be a hassle and it´s no wonder why people prefer investing in Denver real estate. Field workers will have County identification badges …

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Where To Find New River Valley Real Estate For Sale

So you’ve decided to buy a house – where do you get information on all of the real estate that’s for sale? should you get a Property Manager? Years ago – back when people still walked uphill to school, both ways, you looked in the paper. Earlier this week I was listening to a podcast with Barbara Corcoran and she shared how, when she started renting apartments in NYC, you advertised in the New York Times because that’s where everyone looked for real estate and start working on it, people even start to learning the business or teach it like nick …

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New Phishing Scam Targets Home Buyers

Scammers – they’re the lowest of the low. And now, we’re seeing them go after home buyers, attempting to steal money via wire transfers. It’s something we’ve been watching gain momentum for a few months now, and while Nest Realty has taken steps to continue to safeguard our clients’ information, it’s still important to stay vigilant. Nest Managing Broker Keith Davis has put together a really great blog post detailing the scam, and highlighting ways that you, as a home buyer or seller, can protect yourself. Even if you’re not working with Nest Realty, make sure your agent knows of the …

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I Received A Tax Bill! Do I Pay It?

If you own a home in Montgomery County, whether you’re in a town like Blacksburg or Christiansburg, or in the County itself, you very likely received one of these green forms in the mail recently. It looks like a bill, it smells like a bill … but is it a bill? It depends. Taxes in Montgomery County are paid semi-annually, so twice a year the County will send out these notices requesting half of your annual real estate taxes to be paid in the next month. In this case, the amount is due June 5, payable to the Montgomery County Treasurer. If …

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Real Estate Taxes in the New River Valley

In the last several weeks, we’ve been doing a lot of candidate tours for various colleges at Virginia Tech looking to hire new folks. Invariably, as we’re showing these prospective hires all that the New River Valley, the question always comes up – “what are real estate taxes like?” Ah, taxes. We all love them, right? Of course not, but we’re lucky to have relatively low taxes compared to other areas of the country. However, they’re a part of the equation when making your mortgage payment every month. These amounts will vary from locality to locality, and in some cases a …

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How Many Homes Are For Sale in Blacksburg and Christiansburg?

As Realtors, we get asked a lot “what’s the market like right now?”. I was in Richmond last week, meeting with Virginia Senators and Delegates from our district, and every single one of them asked “how’s the market?”. It can seem disingenuous to always be saying that the real estate market is moving quickly, but as you can see from the graph below of single family homes south in Blacksburg and Christiansburg, as of this post the market is moving quickly. We’re not making this up. (The graph is interactive, and therefore should update automatically over time; what it’s detailing is how many …

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The Most Expensive Homes Sold in the New River Valley in 2016

People often ask about the most expensive homes for sale in the New River Valley, and it’s interesting to see what’s sold. In years past, the spread between the homes has been close, but in 2016, the most expensive home was double the fifth most expensive home! Take a look below at the five most expensive residences sold in the NRV in 2016. #5 – $775,000 339 Airport Road, Blacksburg – listed by Nest Realty, this one-of-a-kind home was prized both for the features inside, but also the nearly 1-acre flat lot in Town, which as you know can be a rarity. With an amazing …

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Thank You.

Today’s my anniversary. My real estate anniversary. Actually, I thought that yesterday was the start of my 13th year in real estate, but DPOR says it’s today, so happy anniversary to me. What does one get themselves for their anniversary? I’m thinking Chipotle. In 2003 when I decided I really wanted to do something different, I had no idea where this career would take me. But what a ride it’s been – from my first closing (to first-time buyers Adam and Michelle who, thanks to Marshall Frank found out at the closing table that it was my first closing) to now owning …

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