A little reminder courtesy of the IRS and Calculated Risk: Q: When must I pay back the credit for the home I purchased in 2009? A: Generally, there is no requirement to pay back the credit for a principal residence purchased in 2009. The obligation to repay the credit on a home purchased in 2009 arises only if the home ceases to be your principal…
Albemarle County BoS Campaign Update
Interesting and useful discussion at Cvillenews about David Slutzky’s proposal to overhaul rural land use policies. Charlottesville Tomorrow has an update on who’s raised the most (and least) money so far. I just wonder if that $250k could have been used more wisely than running for local office. More than any other, local elections – and your (our) votes matter. Please be informed.
How To Buy a Bank-Owned Home
We’re seeing more short sales and foreclosures in the Charlottesville real estate market, so I figured I’d share this little educational video with you. Thanks to my friend Kris Berg for sharing.
Twitter Week in Review
Traditional Office unRequired http://post.ly/91Kx # @jsheehan200 there should be a list or network of existing "incubator" brokerages in reply to jsheehan200 # Looking forward to writing blog post about today's showings. Lots that sellers could be doing differently. And better. # RT @outskirts: 5 obese smokers standing outside miller's snapping pic saying, "this is where it all began." truly pathetic! [What's "it"?] # @rcooper hey…
Friday Chart – Charlottesville and Albemarle Election Monies
I’m deviating from my recent Friday charts that have focused on Charlottesville real estate stats and deferring to the importance of the upcoming Charlottesville and Albemarle elections. Thanks to the awesome folks at VPAP: That Dennis Rooker has raised $70k in an uncontested race is … surprising? Offensive that local politics cost so much? I think the Rio race is perhaps the most important and…
The $8,000 Tax Credit – What’s the True Cost?
Part 1 of 2. The $8,000 Tax Credit has helped a few of my clients this year, but I’d argue that most of them would have been buying anyway – regardless of whether the government was offering free money. Is it time to let this credit expire? Already I have spoken to folks who are looking to buy homes in Charlottesville who are concerned that:…
OpenSpace in Charlottesville – Month One
I’ve made secret of my desire for the new OpenSpace in Charlottesville. The following is from them, and I think what they offer tracks well with where I see tomorrow’s (and today’s) Realtor … And dear FTC. I haven’t received sort of comp or compensation for this or any post. We are glad to have your business and are excited about the response we have…