From Matt Hodges with Presidential Mortgage. (Bolding is mine) This is a story from Matt discussing things buyers need to be doing as they prepare to buy a home. The Federal Housing Finance Authority (FHFA) raised the Fannie Mae and Freddie Mac (collectively conventional loans) loan limit to $484,350 on Tuesday, November 27th. For our brave soldiers and sailors – retired or active duty –…
Be Kind. It Matters
Reupping this story from April. This encounter has stuck with me. In early January I was returning a gift, and tried to get it put back on my wife’s credit card, which I didn’t have. The young girl working at the counter tried to make it work, but could not. She sought out the manager, who tried as well, went back to try something else,…
Growing Rio Road and Biscuit Run
Two big Albemarle County news items with respect to the use of the land, and local human settlement patterns, trails and traffic. Albemarle County’s blueprint for a walkable, urban destination at the Rio Road and U.S. 29 intersection has been approved. This is going to massively change the nature of Rio and 29, and if the vision comes to fruition, I suspect many residents will 1)…
December 2018 Monthly Note | Community, Connections, Wrapping 2018
I write this note once a month. It’s fun, hard, and it’s usually the best stuff I write every month. Subscribe here. One email a month. Easy. This might be a good one. Wrapping 2018. That mistake I made 1st offer = Best offer Deep connections Social media warning for buyers (and sellers) Community & humanity, Part 1 What I’m reading Blogs round up Reminder…
Ending 2018’s Charlottesville Real Estate Market, Looking at 2019
Brief recap of the 2018 Charlottesville real estate market, looking forward to 2019
Client Code of Conduct *or* My Commitment to My Client
Helping my clients make good decisions. That's my simple goal every day. That goal requires the right partnership. One of the most important things I do is to manage my clients' expectations, whether that's what to expect when they make a low offer on a house, or put forth an escalation clause in a multiple offer situation, choose to price the house higher (or lower)...
Real Estate Market Shift – Tips for Buyers and Sellers in Charlottesville
The Charlottesville real estate market is shifting. We’ve been in a sellers’ market for several years, and we’re transitioning (broadly, all markets are micro-local) to a balanced/buyers market. For some buyers/sellers (and agents) this is going to be a shock to the system. Tips for Sellers Be patient Price your home accordingly to the market, and price it to sell. If you price high, hoping…