Belmont Village townhouse for sale. Convenient and upscale living at a price you can afford!

349 Quarry Road, Charlottesville, VA Get Directions Click Here Description Photos Maps & Local Schools Walk Score $ Click for current price 3 BEDROOMS 4 BATHROOMS (3 full, 1 half) This townhouse was the original model home for this development. Located conveniently near to downtown with easy access to I64 this home is has everything you need. Multiple upgrades including Granite countertops, fully finished walk out basement and just mere steps from Quarry Park and the Rivanna Trail. Well cared for and ready for a new owner! Charlottesville Homes For Sale Search All Homes For Sale Homes Close to Where You Work Avoid Foreclosure What is Your Home Worth? The Beckham Team REALTOR Keller Williams Realty - Charlottesville 434-242-6212 quintonbeckham@me.com L2L

Over-pricing can Hurt Your Home Sale.

Pricing your home too high can actually hurt you in the market. Homes on the market longer than average lose dollars compared to more accurately and aggressively priced homes that generate interest in multiple buyers who compete to buy your home.


Is your friend looking to sell or buy a home? 




Looking to Sell Your Charlottesville or Albemarle Home? 

Homes for Sale in Charlottesville Map Search

Quinton Beckham
The Beckham Team
Keller Williams Realty
3510 Remson Court, Suite 301
Charlottesville VA, 22901
quintonbeckham@me.com
www.thebeckhamteam.com
434.242.6212

Homeownership Tax Deductions

It's not just that Interest Rates are low. It's not just that home prices remain low.
You can also reduce your taxes owning a home.

For more information on Homeowner Tax Deductions, click here

There are so many good reasons to move from renting to owning your home. Call me, email me or check out my website and let me work with you to get you a home that meets your needs!

Homes for Sale in the 10th and Page Neigborhood

Homes for Sale in Belmont in Charlottesville, VA

Condos and Townhomes for Sale in Charlottesville, VA

Quinton Beckham
The Beckham Team
Keller Williams Realty
3510 Remson Court, Suite 301
Charlottesville VA, 22901
quintonbeckham@me.com
434.242.6212
www.thebeckhamteam.com

This Month in Real Estate - January 2015

National Real Estate Data 

If you are looking to buy or sell a home in the greater Charlottesville area, I would like to help you. Call or email me for more information on how these numbers affect you.


Homes for Sale in Belmont in Charlottesville, VA

Condos and Townhomes for Sale in Charlottesville, VA

Quinton Beckham
The Beckham Team
Keller Williams Realty
3510 Remson Court, Suite 301
Charlottesville VA, 22901
quintonbeckham@me.com
434.242.6212
www.thebeckhamteam.com

What does 2015 Hold for the Real Estate Market.

I was talking with a client this weekend who asked me what I saw in my crystal ball for real estate in 2015. Truth is, I don't own a crystal ball. I don't even own anything that could be called crystal. Nevertheless, predicting what is to come is an age-old tradition amongst real estate agents that has become only more complicated in the information age.

We have lots of sources of information and there is a tendency to think that we can truly narrow and predict everything that is going to happen for a particular piece of property at the drop of a hat. That's not true. In fact, I would wager a lot of it is crystal ball chicanery designed to make us look smarter than the average bear and 'seal the deal' with a particular client. Now, that's not to say that all of it is verbal sleight of hand.

So here are a few predictions that have a very high likelihood of being true both here in the Charlottesville Real Estate Market as well as the Nation as a whole.

Millenials are Moving into the Market

The tried and true generation that has fueled the market up to now has been Baby Boomers. This is an easy thing to say as they have been the largest percent of the working / consuming population for decades. They placed a much higher value on being in one city for life and it showed in their propensity to buy a home and settle down. But that's not so true today. The largest cohort of population by age group is 23-year-olds. Followed closely by 24 and 22-year-olds. This is a huge number of people who are in the age bracket where they married and start families or choose places to settle down and work a job for a while. As this groups gathers their buying power they can make an impact in the market and help to push up home prices a small amount over the next decade. 

Where we live is changing as a Nation

As the average age of home buyers begins to drop, the places they buy are changing as well. This generation is noted for wanting to live in smaller, more efficient, more green homes. They do not believe that those homes are solely located in rural areas but are looking for easier access to the city, decreased reliance on cars for transportation and more urban areas. Ass to this that New construction remains at all time lows and there is simply not as much housing available in suburbs and rural areas for first time home buyers to buy. 

Mortgage Rates will Rise. 

They will, I swear. I know, I know; we said that in 2014 and it didn't really happen. But it is coming. I think people who are a little younger than I do not remember the 80's. In the 80's I bought a house and got a mortgage rate of 14%. All of my friends were so impressed I got a rate that low! So here's the low down. When rates go up, how much house you can afford goes down. By a lot. And it's coming. Maybe in a small dose this time around but it will continue. It's the way of the world that as the markets improve the rates go up. And the market has very little else to do after the crash than improve. Some of the rate increase will be offset for FHA borrowers in the decrease in costs for Mortgage Insurance Premiums that FHA is enacting. 

Home Prices will go up, but not as much as you think

Once the market began to recover home prices JUMPED up at a pretty good rate. This was mostly rebound; markets trying to get back to something close to their original value. I don't mean to rain on anyone's parade, but that's over. Now we are back to something more normal. Normal meaning something before the market went crazy with unsustainable growth. If you're selling, however much you may read blurbs that say home prices are up 10%, it's just not true. At least not how you think. Average home prices may be going up a lot, but the average home values are not going up that fast. The prices are climbing faster because we have fewer and fewer distressed, foreclosed or short sale properties on the market. So now, if you want a $400,000 home you actually have to pay $400,000 for it. This raises the median price. The values are not climbing that fast. They are starting to stabilize and their growth will be largely dependent on the demand and the economy. 

And of course, if you want to buy or sell a home in the Greater Charlottesville area, then I want to help you. 

Belmont Homes for Sale in Charlottesville 

Luxury Homes for Sale in the Charlottesville / Albemarle Area

Quinton Beckham

Keller Williams Realty 

3510 Remson Court, #301

Charlottesville VA, 22901

www.thebeckhamteam.com

The Most Important Client in the World

Who's the Most Important Client in the World? 

I find myself in lots of conversations with other agents lately about whether what our industry is composed of 'sales professionals' or 'service professionals.' This is a very telling conversation. Many agents across the country have built million dollar businesses by consistently applying proven sales models to their businesses. Their contact network grows and as a result of that their volumes grow and they hire additional help (which they do carefully to get talented people) to handle the increased number of clients successfully.

I have no issues with this whatsoever. You do have to plan your business and get help in order to grow and when managed correctly, the growth results in improved service for your clients. It's something I have frequent dreams of. I would love to spend the day working with clients on important things like choosing the home that truly meets their needs. A place that they can spend the next ten or twenty years in. I want to help people who are retiring get the best return on the home they are selling that is now bigger and costlier than they really need and spend time with them to really know what they are planning for their life so I can do my part even better. 

When I have these sales vs. service conversations, I think back on my favorite parts of this profession and wonder, what part of all this is actually sales? I mean, there are certainly portions that are sales. When you want to sell your house I have to get the word out there that its for sale. I need to have good timing with then it goes on the market and know the neighborhood and market as a whole to get you buyers who are ready to buy and wanting your house. Definitely sales. But not at all what I spend the majority of my time on. 

Good agents spend the majority of their time on predicting the "bumps in the road" for their clients and taking action to smooth those out before they are on the horizon. Good agents spend time with their clients to find out what they actually are wanting and helping them get there. When yo want to buy a house you are not just making an investment in your family's future; you have an image in your head of the life that you want. Room for the kids to play and not be so cramped that every morning isn't a jumble of backpacks and stepped-on-toes and dropped lunches. You want a dining room for holiday dinners. Do you want to spend your weekends walking the Downtown Mall or roller skating at Carver gym on a Friday night? Do you picture a yard where you play soccer with the kids or a place that you plant your own vegetables every spring? 

These are all important things when determining your overall satisfaction with a house. Sometimes its even telling a client that they can't have it all. These take time. These are not about the next sale or lead or client. These are about you, the client. 

I believe that this is what makes us a service industry. 

When you are in the sales industry, the most important client in the world is the next one.

When you are in the service industry, the most important client in the world is the one I am sitting across from right now. 

Homes for sale in the Belmont Neighborhood of Charlottesville 

Homes for Sale in the Cherry Hill Neighborhood of Charlottesville 

If you are looking to buy or sell a home in the Charlottesville Area, I would be very happy to help you. 

Quinton Beckham

Keller Williams Realty

3510 Remson Court, Suite 301

Charlottesville VA, 22901

quintonbeckham@me.com

Cell: 434.242.6212

www.thebeckhamteam.com 

51 Ways to Make your Home Sell Faster - Tip #4

The fourth of our weekly installments on 51 ways to make your home sell faster



Homes for Sale in Belmont Neighborhood of Charlottesville, VA
Homes for Sale in Rugby Neighborhood of Charlottesville, VA

Quinton Beckham
Keller Williams Realty Charlottesville
1885 Seminole Trail, Suite 100
Charlottesville, VA 22901
434.242.6212
www.select-homes-charlottesville.com

• 
  
  Every day as I look around the house I see things that I think I want to clean, or at least ought to clean, and each day I walk past them to hurry out to the office or to meet clients and show them the more pristine homes that I am trying to sell. At least four times a month I lecture those seeking to sell their homes on the value of a pristine Kitchen, yet in mine, there is a sad lack of organization and floors that you could eat of off.
  
  Maybe housework is the secret, but I am not sure that I will ever know. 

  Is Housework the Secret to a Happier, Healthier Life?

  Read

Visit houselogic.com for more articles like this.

Copyright 2013 NATIONAL ASSOCIATION OF REALTORS®

Looking to Sell your Charlottesville home?
Buy a Condominium in Charlottesville?
Maybe you want to See Homes for Sale in Belmont?
Invest in Real Estate?

Contact me and let me help you have a smooth and easy transaction with the quickest closing possible!

Quinton Beckham
Keller Williams Realty
1885 Seminole Trail, Suite 100
Charlottesville, VA 22901
434.242.6212
www.select-homes-charlottesville.com

Mortgage Rates Decline - Home Buyers Rise

If you were paying attention this week you saw that mortgage rates declined once again. A 30-year fixed rate had risen to 3.56% but yesterday reached the low of 3.51 - just a few tenths of a point from the all time low of 3.31% (click here for the full article from USA TODAY.) New home sales jumped 16% in January over December and the number of people who signed contracts to purchase resale homes also rose, according to the National Association of Realtors (NAR). Following this increase in demand, home prices also rose. All based on purchasing power.

NAR tracks the Pending Home Sales Index which measures the number of homes that are placed under contract. Although this does not measure actual sales, it is a good indicator of consumer confidence. This has seen a relatively steady climb over the last 12 months with a good jump in January. NAR offers this data to the public and you can view it by clicking here. Additionally, overall financial forecasts remain on the upswing with unemployment dropping, mortgage rates making modest climbs to reach break into the 4% territory in the fourth quarter of the year. This data can be seen by clicking here.

Overall, this continues to be a good home buying season for everyone involved with rising home prices benefitting sellers, decreasing unemployment putting cash in the hands of more consumers and low mortgage rates keeping homes affordable for anyone who is seeking to upgrade their home or get out of renting and become a homeowner.

If you are interested in becoming one of those homeowners, click this link to see all properties for sale in the City of Charlottesville, Virginia.

If you have questions on buying or selling a home, you can check out my website or contact me directly at 434.242.6212

Quinton Beckham
Keller Williams Realty
434.242.6212
www.select-homes-charlottesville.com

Five Reasons to Buy a Home Right Now

Wondering if you should wait longer for a "better" market to purchase your new home? Think again, your best bet for a good buy, good rates and a home you can keep for a while could be right now. Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying:

Supply Is Shrinking

With inventory declining in many regions, finding a home of your dreams may become more difficult going forward. There are buyers in more and more markets surprised that there is no longer a large assortment of houses to choose from. The best homes in the best locations sell first. Don’t miss the opportunity to get that ‘once-in-a-lifetime’ buy.

Click here to see Condominiums for Sale in the City of Charlottesville

Price Increases Are on the Horizon

Prices were expected to bounce along the bottom this winter. However, many pricing indices (examples: CoreLogic, FHFA, LPS, Case Shiller) are reporting that prices are continuing to rise.

Rents Are Skyrocketing

Rents historically increase by 3.2% on an annual basis. A study issued earlier this year projects rent increases of 4% for the next two years. Trulia recently reported that rents this year have actually shot up by 5.4%.

Interest Rates Are Projected to Rise

The Mortgage Bankers Association has projected that the 30-year mortgage interest rate will be 4.4% by the end of 2013. That is an increase of approximately one full point over current rates.

Click here to see Homes for Sale in the Redfields Neighborhood of Charlottesville

Buy Low, Sell High

We would all agree that, when investing, we want to buy at the lowest price possible and hope to sell at the highest price. Housing can create family wealth as long as we follow this simple principle. Today, real estate is selling ‘low’. It’s time to buy.

And of course, if you are looking to buy a home, sell a home, or invest in real estate in the greater Charlottesville / Albemarle area - call me - I can help!

Quinton Beckham

Keller Williams Realty

434.242.6212

www.select-homes-charlottesville.com 

For the original article, click here

Friday's child is loving and giving...

So you've done it, you made the plunge, chose a Real Estate Agent and you are putting your home on the market; you are ready to get it out there and don't want to wait another day! But maybe you should.

One thing that every Real Estate Agent knows and lives by, the longer your home is on the market, the less likely you are get your asking price. Days on Market is the holy grail of negotiating and one of the few unarguable points in determining the how close to your asking price that first golden offer is; the longer on the market, the less likely it is you will get the price you ask for.

In this era of online everything there is simply one magic day for marketing a home and getting the most bang for your electronic debut - Friday. According the Real Estate Analysts Redfin, homes listed on a Friday garnered 99.1% of their asking price in the actual sale. (Remember folks, that is an average, your individual experience will absolutely vary according to the market you are in, your home itself, the neighborhood and local trends.)

Homes for Sale in the City of Charlottesville, Virginia

Nailing the day that a home listing hits the internet is crucial according to Glenn Kelman, President and CEO of Redfin, which covers 19 markets in the U.S. "You get four times the traffic on the day of debut than any other time of the week, and you only get one chance," he says, "Soon, you're yesterday's news." Properties listed on a Friday also sell the fastest, average days on the market being only 81 days.


But what makes Friday so special? Richard Ryan, Professor of Psychology at the University of Rochester says that adults typically work a Monday through Friday workweek (adults who are NOT real estate agents, I should add) and are more upbeat and enthusiastic on a Friday. They also tend to report more energy and vitality on the weekends which could make them more proactive in actually seeing your home or making an offer.

Homes for sale in the Belmont Neighborhood of Charlottesville

So if Friday is the best day to debut, what is the worst? Sundays. Homes that debut on a Sunday end up selling, on average, for 98.4% of asking price. That could be a difference of nearly $5000 on a $500,000 home. Sunday listings have to sit around for a few days before people start lining up home tours for them and by that time, newer listings may make the Sunday debuts seem stale.

Now you can't hang your entire marketing plan for selling a home on the day of the week, but in this market of ups and downs and low inventory and competitive buyers, we certainly can take every little bump to help us that we can get. The number of factors that go into a home sale are so numerous as to be immeasurable, one of the many reasons you need a Real Estate Agent to help you navigate it and get the best price and best net proceeds for your home.

As always, if you are looking to Sell a Home in Charlottesville, Buy a home in Charlottesville or want to Invest in Real Estate, email me or give me a call, I would love to be the agent that helps makes it the absolute best experience for you possible.


Quinton Beckham
Keller Williams Realty
434.242.6212
www.select-homes-charlottesville.com

Click here for the complete article from the WSJ

So you've closed on your home, are you done now? NO

You've searched and searched, previewed homes until your eyes have bled and finally (as your Realtor cheered and jumped up and down) found the home of your dreams, made an offer, made it through contract negotiations, home inspections and closing. You're done and ready to move in, right? Well, maybe. There are some things you still need to do to keep that home your "dream home."

Prepare for anything you want done before you move in

Rarely does a buyer get into a new home that is truly, completely, ready to go. As you have looked at the home and toured through it you have come up with a myriad of ideas about how to live in it. Where you will out the sofa, which rooms the kids will have, what color are you going to paint that room that has a shade of lavender rarely seen outside of an Easter egg. Which rug will cover that stain in the otherwise immaculate hardwood floors... 

If you want to get things done to your new home, the best time to do them is before you move in. Once you have removed your contingencies, the sellers have moved out and you are close to closing, get the contractors in the house that you are going to need to do work on the home to make it yours. Have the painter take a look and give an estimate, get that floor refinisher in to see the stain and tell you if he can fix it and how much it will cost, how long it will take. Your Realtor can be a great resource for small job contractors who can help you get all the minor repairs that weren't worth negotiating over but that you still want done. Work on a home is faster, cheaper and less headache if it can be done while the home is vacant. Nothing takes the fun out of moving into a home faster than sharing the space for the week with Joe the Plumber...

Click here to see Homes for Sale in Belmont, Charlottesville

Set up the utilities

We are so used to flipping a switch and the lights coming on that we forget that we really do have to get the utilities put into our name. Find out which companies serve your new community and call them in advance to be sure everything can move into your name seamlessly so that the first morning in your new home will be one that has hot water and hot coffee. Especially check for any cable or internet service. These vary widely based on where you live and nothing makes the teenagers whine more than not being able to Facebook, blog and play xbox live for the two weeks it takes to get the cable installed and working. 

For the original article, click here. 

You have your new keys! WONDERFUL! Now change the locks. 

It's just better to assume that everyone and their brother has a set of those keys that are now in your hand. The listing agent likely made them available to a score of contractors, their assistant and God only knows how many copies the last owner handed out to family members and neighbors to be sure that they never got locked out. 

Be ready to hire a cleaning crew before you put one stick of furniture in

Most of the time, sellers have had the place cleaned after they moved out, but just in case, it might not be a bad idea to have a cleaning crew ready to do a thorough once over. Showing up on moving day with a car full of hungry family, boxes and hundred of pounds of furnishings only to find that every bug for miles around has decided to use your kitchen floor as their place to die can take the thrill out of that new home in ten seconds flat. Even if the seller did clean, for all you know they paid their fifteen year old nephew $40 to do it and their perspective of what "clean" is can be starkly different from your own. This is a small and inexpensive item that is better not left to chance and more easily done before you fill up the rooms. 

Click here to see What your Charlottesville home is Worth

Have a handyman or a small contractor on call

Moving in can take days or weeks depending on your particular tastes and personality and once the house has closed, it's all yours. Every square foot of joy and each and every scratch, dent or hole in the wall from dropping that family heirloom armoire made from leftover 1941 tank panels. Having a handy man identified who is ready to go can make your life simpler. If you have them identified already and know that they can do the touch ups or fix those small yes annoying items that are not apparent until after you try to move in. 

Taking just a little time to plan ahead can save you a ton of headache, remove huge amounts of stress from being prepared and make your overall experience a much, much more enjoyable one!

Click here to see all homes for sale in the City of Charlottesville

Quinton Beckham

Keller Williams Realty

www.select-homes-charlottesville.com 

This Month in Real Estate

The Latest News in Real Estate -

Click the Links below for:

Belmont Homes for Sale

All Homes for Sale in the City of Charlottesville, Virginia

Quinton Beckham

Keller Williams Realty

434.242.6212

www.select-homes-charlottesville.com

Paul Goodloe McIntire's Belmont Park Legacy

His name and contributions surround us, but few outside of Charlottesville Historians know just how much of an impact that Paul Goodloe McIntire had on the shape of the city. Born in 1860 in the City of Charlottesville, McIntire attended the University of Virginia for only one semester before leaving in 1880 for Chicago "...to earn some money." He worked first as a coffee salesman (Barista's of the city should puff out their chest at that!) and later as a stockbroker. He then moved to New York City where he bought a seat on the New York Stock Exchange and between the years of 1901 and 1921 amassed a fortune. Never forgetting his home town he used his wealth to beautify the city, purchasing land to become parks and adding sculptures for all of Charlottesville's residents to enjoy.

Just some of his notable gifts include the Statues located in Lee and Jackson parks - parks placed on land that he purchased and donated to the city for this purpose. One of his donations that any traveler or resident will recognize is the statue of Meriweather Lewis, George Rogers Clark and Sacajawea that stands at the intersection of Ridge and McIntire Roads at the primary traffic gateway to the Downtown Pedestrian Mall. Another statue of Lewis and Clark stands at the intersection of Jefferson Park Avenue and West Main Street; a gift he made to the University of Virginia.

In addition to Lee and Jackson Park, McIntire also gifted the land that has become Washington, McIntire and Belmont parks. Homeowners in Belmont note Belmont Park to be one of the finest parks in the City of Charlottesville.

The 3.1 acres of Belmont Park is bounded Stonehenge Avenue, Rialto Street and Druid Avenue. The park contains a full basketball court, benches, swing set, playground equipment, large Oak Trees for Shade and a courtyard with shelter for outdoor concerts. When driving by Belmont Park, Residents and visitors alike have their attention drawn to the latest addition, the "spray ground" that allows children to enjoy an afternoon playing in the various water spouts while staying cool. The spray ground is operated by touchpad, recycles the water it uses and is open from 9am to 8pm during summer months.

From UVA dropout, to coffee salesman to philanthropist, McIntire's is a story that could easily be repeated today and Belmont Homeowners enjoy the legacy of his generosity to this day.

For more information on Charlottesville City parks and trails, CLICK HERE

For more information on Paul Goodloe McIntire, CLICK HERE

If you are looking to -
Buy a home in Belmont or the City of Charlottesville
Sell your Charlottesville Home
Or have other questions about Real Estate
Please click the links above or contact me directly

Quinton Beckham
Keller Williams Realty
434.242.6212
www.select-homes-charlottesville.com

Mortgage Lingo got you feeling lost? Here's some help

I can well remember when I first started in college back in... well, let's not say how long ago that was, it was more than a little while... when I first started learning all the terms I would have to know to be in healthcare and not look like an idiot it felt like I was having to learn a second language. And in some ways, I was. It took years to sling those words and phrases and initials around like a pro. I am still of the belief that those words and abbreviations exist in healthcare so that your doctor can talk about you, right in front of you, without you knowing what he is saying.

Frequently, sitting across from a loan officer feels exactly the same way. They throw around words and abbreviations and phrases like they are talking about breakfast cereal and we smile and nod, afraid they will think we are not financially savvy and then walk away not really sure what the heck it was they said. This can make the pre-approval process a frightening thing, as though we are being asked to lay out the most private details of our life so that someone can judge us. It can be a very daunting process to go through, especially if it is your first time or you aren't sure that you will qualify. So, to give you a chance to speak the language like a pro and, more importantly, really understand what they are talking about - I give you the Glossary of Mortgage Terms!

For the complete glossary from The Mortgage Professor, click here. 

Some of my personal favorites:

JUMBO MORTGAGE
Though at first glance you might think that this is a mortgage that comes with large fries and bucket of coca-cola, it is, in fact, not. Jumbo mortgages are those mortgages whose total amount are higher than what Fannie Mae or Freddie Mac are allowed to purchase. Though there are some exceptions to these rules, generally these are homes that need to be purchased with conventional loans.

MAXIMUM LOCK
Though this sounds like some action-adventure movie, it is, in fact, a very important thing for potential home buyers to know. When purchasing a home you and the lender "lock-in" the interest rate according to the prevailing rate at the time the home goes under contract. As everyone who has purchased a home recently knows, your expected date to close and the actual you close can be extremely different. The maximum lock is the longest period of time that a lender is willing to "lock in" that particular interest rate for you. Good stuff to know as a purchaser.

NOHO
No, this is not the next up and coming neighborhood in Manhattan. This is Lender speak for someone who does not have the finances currently to become a Homeowner. Mainly, they are living paycheck to paycheck and therefore are too great a risk. I have to admit, I have been a NOHO at certain points in my life. If you think you are a NOHO, contact me so that I can set you up with people can help you to get out of that rut and into better credit, financial health and out of NOHO status.

PAYMENT SHOCK
This is one of my personal favorites. I tend to have payment shock every time I half-fill my small hand carried basket at Whole Foods and then get to the register and see that my small stock of specialty items has reached a triple digit price tag. But in mortgage speak, Payment Shock is generally referring to sudden increases in ARM payments that surprise homeowners when whatever index the ARM is tied to climbs dramatically in a short period of time. Though not something many people have been afraid of lately, this is still something that can occur when interest only mortgages finally convert to including principal.

SWING LOAN
No, this is not some tawdry loan hanging out in hot tubs and seeking to flirt with properties that already have a mortgage of their own. Rather this is loan that banks sometimes offer to help homeowners who are seeking to switch homes but need the proceeds from the sale of their current loan to close on their new home who are needing to close on the new home and their current home hasn't closed yet. Also referred to as "bridge-loans" as they bridge the gap between the two closing dates.

I hope that this may have shed some light on "Mortgage Speak" for you and even, perhaps, generated a chuckle or two.

If you are looking to Purchase a Home in the Greater Charlottesville Area, Sell a Home in the Greater Charlottesville Area or Invest in Real Estate - I would very much like to be the agent that helps you in this endeavor. Please check out my website www.select-homes-charlottesville.com or click on the embedded links for more information and resources for sellers and buyers.

Quinton Beckham
Keller Williams Realty
434.242.6212
www.select-homes-charlottesville.com
www.buyorsellhomescharlottesville.com 

'Homer" Sells Home to "Moe"

On the lighter side of Real Estate news, the Los Angeles Times reports that Dan Castellaneta who does the voice for Homer Simpson on "The Simpsons" sold his home to Hank Azaria, who voices Simpsons' bartender Moe.


His Pacific Palisades home sold for $5.5 million, following a $200,000 price reduction prior to Azaria purchasing it. There was no mention of whether or not there was free beer or the settling of old bar tabs as a part of the sale.

For the full article, click here: http://marquee.blogs.cnn.com/2011/09/22/simpsons-real-estate-deal-homer-sells-home-to-moe/?iref=allsearch

Castellaneta and his wife Deb Lacusta - a television writer herself - have lived in the 4,414 square foot, 4 bedroom, 3 1/2 bathroom home for five years.

I doubt very much that this will have any impact on anyone who is looking to Buy a Home in Charlottesville or Sell a Home in Charlottesville. However, having been a fan of the Simpsons going back many years, I could not help myself and had to include this in my blog somewhere.

Should you wish to sell or buy in the Greater Charlottesville Area, please feel free to contact me for assistance. I promise, I will not try to mimic any voice from the Simpsons...

CLICK HERE to see homes for sale in the Rugby Neighborhood of Charlottesville.

Quinton Beckham
Keller Williams Realty
434.242.6212
www.select-homes-charlottesville.com 

Additional Website Construction Continues

Our new website - www.select-homes-charlottesville.com continues to grow! Take a look at the neighborhood listings for the city of Charlottesville that you let you search by the area you want to live in.

Stay tuned and check back for even more updates to the site with useful tools for every home buyer and home seller.

Quinton Beckham
Keller Williams Realty
434.242.6212
www.buyorsellhomescharlottesville.com
www.select-homes-Charlottesville.com