If you've dreamed of growing your own food or raising livestock, purchasing farmland can help you turn your dream into a reality. Our real estate agents know that purchasing farmland is a little different than purchasing a more conventional piece of property. Here's what you need to keep in mind when buying farmland.
Purchasing farmland has unique considerations that you should explore to help you confirm that a property is a good fit for your needs. Ready to start looking for your next property? Contact us today to get started!
If you envision yourself owning a home that stands out from other properties or boasts design details that are rare in modern properties, a historic home is a terrific option to consider.
There are a few things our real estate agents want buyers to know when considering historic homes to help them confirm that the property is right for their lifestyle and property needs. Here's what you need to know.
A historic home is a terrific option for anyone who wants to own a property that's a part of history and features a one-of-a-kind design. Ready to start the search for your historic home? Contact us today to get started!
If you recently bought a home with a detached garage, you basically have a whole extra building on your property. While you could use the detached garage to house your vehicle, there are plenty of more creative ways to take advantage of the space. Our real estate agents have seen homeowners using their detached garages in all sorts of unique ways over the years. Today, we have a few suggestions to share with you.
If you're not using your detached garage to park a car, don't let that space go to waste. Your garage could elevate your life if you turn it into a TV room, home gym, or hobby space. If you're still on the hunt for the perfect home with a detached garage, contact us. We'll help you navigate the buying process.
What was originally designed for canning and pickling vegetables has since become one of the most versatile household items. The mason jar and its unique screw-top was created by John Landis Mason in 1858 in order to improve the safety of food storage. However, they are now the quintessential multi-purpose container. If you're thinking about ways to make good use of extra mason jars around your house, the opportunities are endless.
With National Mason Jar Day coming up on November 30, our real estate agents thought it'd be appropriate to pull together a list of our favorite and most creative ways to use mason jars around the house. Here are some of their best ideas:
From food storage to crafts and decor, the versatility of mason jars has made them popular for over a century. Contact us today for more information on home decorating tips or to check out some of these beautiful Luray homes for sale.
So many of the beautiful Rockingham County homes for sale have impressive entryways. Often, this is one of the features that captivates potential buyers. However, if your entryway is cold and sterile, it can have the opposite effect - detracting from your home's overall appeal.
Luckily, it's easy to make your entryway warm and welcoming. Whether it's drafty and freezing or just needs some TLC, the following tips will help turn your entryway into one of the best features of your home.
Are you looking for your dream home? There are many beautiful Rockingham and Shenandoah County homes for sale, and the experts at Old Dominion Realty are here to help! Contact us today to discuss your goals and learn how to get started.
A combination of low-interest rates, limited nationwide inventory, and pent-up demand has made this year's real estate market one of the hottest in history. In a competitive seller's market, buyers often lose some negotiating leverage and are forced to enter into bidding wars.
However, if you're looking for a home in today's real estate market, all hope isn't lost. The key to finding the right home for the right price is a combination of patience, dedication, and working with an experienced real estate agent.
Our real estate agents are working with clients to help them navigate the complexities of today's hot market. Below are some ways we can help you:
While a hot seller's market can present a number of challenges for buyers, working with a good agent is the best way to mitigate risks and secure the home of your dreams. For more tips on how to make a competitive offer, contact us today.
Your credit score is a golden key that can unlock the best interest rates and loan options for your new home.
It's a simple equation: A higher credit score = A lower interest rate = Your home costs you less money.
Before you apply for a loan you want to make sure that your number is as polished as possible. To help you attain the most advantageous loan, our real estate agents share the following steps to take before you begin your home search.
Our preferred mortgage, F&M Mortgage, can help you better understand your options when it comes to qualifying for and obtaining a home loan.
Contact us when you're ready to start your search for the right home for you.
Our REALTORS® at Old Dominion Realty WORK to help you find a home where you will be truly happy. A lot of factors go into that: The community, the amenities, and your finances.
The financial decisions you make when you're first looking for a home will stick with you for years to come. With that in mind, you have to go into the process with accurate information.
Your real estate agent will help you make the right choices in the market. Only you, however, can figure out the facts about your own household finances that you're sure to need.
Every major investment or purchase starts with one thing: A budget.
And buying a home is no exception.
A budget is a very useful tool for maintaining your financial health. However, most people get by with a simple budget. To get ready for buying a home, you should dive deep into the details.
That's the best way to prevent surprises later!
Let's look at how to build a budget that will support your home buying goals.
To learn about local real estate opportunities, contact us at Old Dominion Realty today.
Real estate and baseball have a lot in common. Scouting a new right fielder for your team is like house hunting. Playing each game is like attending open houses. And winning your league's championship is like having a seller accept your offer.
What many home buyers don't understand is that the 30 to 45 days before closing day is like the home stretch of a baseball game. Errors that happen during this time could get your closing day delayed for rain or even thrown out at third.
Okay, enough with baseball. In the real estate world, there are mistakes home buyers can make during the time prior to closing day that can jeopardize closing on their new home.
Our real estate agents are ready to be by your side during the home buying process. Here are the five mistakes to avoid so your home buying experience is a "home run!"
Before you buy a house, it is essential to understand how to avoid these common mistakes to save you time and stress. Old Dominion Realty has been helping clients buy and sell homes since 1962. One of our local REALTORS® is always close by to guide you through the buying and selling process. Contact an Old Dominion Realty office near you to start your search for the perfect home.
If your tax return is burning a hole in your pocket, there are endless ways you could spend it. Sure, you could go on vacation, or splurge on that latest gadget you've had your eye on, but there's a better option.
If you've been dreaming of finally becoming a homeowner, your tax refund could offer a real opportunity. Our REALTORS® have a few ideas on how you could use your refund to make home ownership a reality once and for all.
The more you are able to put down as a down payment for your new home, the less you'll end up paying in interest in the long run. You'll also be less likely to have to pay for private mortgage insurance if you're able to put down the recommended 20 percent down payment. When you get your tax refund, create a separate savings account for it so that you won't be as tempted to spend it. You may even gather a little interest if you let it sit for a while.
Debt makes it hard to qualify for a mortgage, especially credit card debt. Using your tax refund to work on paying off your credit cards and other debts will help boost your credit rating, which will make it easier to qualify for a mortgage with a rate and terms that you can live with.
Some new homeowners are shocked to learn that closing costs, including attorney fees, appraisal and inspection fees, title insurance and escrow costs, often add up to a substantial chunk of change. In a lot of cases, these costs must be paid upfront rather than being rolled into your monthly mortgage payments. Your tax refund can be a great way to take care of closing costs.
Once you own your home, there's still property taxes and homeowners insurance to think about. Putting your tax refund toward these future costs is a great way to ease the financial burden of homeownership.
The costs of owning a home don't end when you're handed the keys and open the door. There are ongoing expenses, many of them unforeseen, that often catch first-time homeowners by surprise. It's important to have a nest egg saved up to deal with the continuing costs of homeownership, and your tax refund can really help out. From monthly mortgage payments and utility bills to unexpected hardships, such as the loss of your job or a sudden and expensive home repair, you'll be glad you had some money tucked away.
Contact Old Dominion Realty today to learn more about how you can put your tax refund to good use. Whether you're planning on buying or selling a home, we're here to help!
You probably never made a conscious decision to stay a renter forever. Sometimes it just happens. You lease a nice apartment and settle into a renter's lifestyle. You pay your bills and build your savings along the way. But then what? Do you stay a renter forever or take the homeownership plunge?
Our REALTORS® work with many first-time home buyers. We believe there are lifestyle, financial, and personal signs that tell you when the time is right to buy a home. Here are five situations to consider.
If you're a renter, we can help you decide if homeownership is the right option for you. Contact Old Dominion Realty if you plan to buy or sell a home or if you want more information about the communities we serve.
Buying your first home is a big step—think you're ready for it? We certainly hope so, but we also want to make sure that you buy your dream home at the right moment.
At a certain point, every renter gets to a place in their life where they just don't feel like they can do it anymore. Whether it's the noisy neighbors, the overbearing landlord, or the feeling of powerlessness that comes from continuously paying for a living space you'll never own, you just have to get out. Homeownership is the next logical step. Here are six questions our REALTORS® want you to ask yourself before you decide to go for it.
Still think you're ready to buy your first home? If so, we're here to help. Contact us today at Old Dominion Realty to learn more about how to get started on the path to homeownership.
Anyone who has shopped for a home knows what it's like to spend countless hours dreaming about your ideal home, scouring every online listing in your area, and attending open houses to get an up-close look at your favorite properties.
These can all be fun activities when you're working to buy a house, and they also present valuable learning opportunities that will help you find the right deal for your needs. But is it still worth it to attend an open house, even if you're not ready to purchase? Our REALTORS® are here to explain why with five reasons to attend an open house even if you're not planning to buy.
Are you ready to shop for your dream home, find the best open houses, or stage an open house of your own? Contact Old Dominion Realty to learn more about how our experienced, local team can help with all of your real estate needs.
A growing number of homes for sale seem to include smart home technology. CNBC.com reported in 2016 80 million smart home devices were delivered worldwide...a 64 percent increase from 2015. Analysts predict despite the industry's growth last year, 2017 will be the year of the smart home because the companies behind the technology will be smarter about educating their consumers.
In a smart home, wireless technology allows you to control various systems and appliances easily using your smartphone, computer, or even voice commands. There is no standard definition of what makes a smart home complete. Exciting new features are hitting the market regularly.
Our REALTORS® have compiled this list of some of the most common smart home features:
The idea to buy a home with smart technology is an exciting one. Still, it's important to make sure you are getting what you want from your new system. Here are some of the most important considerations when picking out a smart home:
Are you getting ready to buy a home? Whether it's your first or your fifth, you need to make sure you are ready. Here are seven secrets from our real estate pros that will make buying a home just a little bit easier.
Staunton, Virginia is a vibrant community with many attractive attributes, and a great place to settle down in your first home. There are a wide variety of cultural and social opportunities in the area including outdoor exploration of the majestic Blue Ridge Mountains and the Shenandoah Valley. Deciding to buy a home can be intimidating, though, no matter how much you like the community. Here's some helpful information for anyone considering buying a house for the first time.
It's perfectly natural to feel some anxiety about buying a house for the first time. However, if you're feeling anxious because you're unsure whether you want to own a home at all, it's extremely important to make the decision of whether you really want to own a home, or if it's just what you're "supposed to do" when you're an adult. It's much better to explore your options before getting involved in securing a mortgage and becoming a homeowner than to go through the process and be unhappy with your choice.
Once you've decided home ownership is right for you, start looking at your finances. They should be well organized before you start talking to lenders about a mortgage. Getting ready for a mortgage might include:
Before shopping for a specific loan, ask various lenders about any available first-time homebuyer programs, government-backed loans that you might be able to use, and their fees for financing your mortgage. It's your right to ask questions about anything you don't understand. Remember, just because you talk to a lender doesn't mean you're obligated to go through them for your loan.
Buying a house means being fairly certain of your plans over the next several years. You should know whether kids will be coming into the picture, which amenities might be most important over the long term and if there's enough room for your future growth, both personally and professionally. A list of things you might want in your new home can help you narrow your choices to properties that fit your needs now and into the future.
When you're looking into buying a house, it's best to consider a lot of different properties that are offered for sale due to foreclosure, short sales or as part of a real estate auction, especially if you're willing to make some investments in the home. Many of these situations will have different requirements than a traditional "fair market listing" sale, so it's best to work with a local real estate agent to understand different sale options and find the right property for your needs.
At Old Dominion Realty, we have a lot of useful information about relocating to Staunton, VA. You can even view our listings for gorgeous homes in Staunton easily from your computer. Contact Old Dominion Realty when you're considering buying a house in Virginia. Our REALTORS® in Staunton have all the experience and information you'll need to find your perfect new home.
Congratulations! You've bought your first home. Home ownership brings a lot of freedom, but also many new things to think about. If you're just learning to navigate owning versus renting, here are a 5 First-Time Home Buyer Tips to get you started.
Maybe the contents of your home weren't all that important, and you didn't care about rental insurance. Homeowners insurance isn't to be taken lightly. You now own the home, its content, and the property. Losing it could be catastrophic. Do your research and make sure you are fully covering your entire property against any possible scenario. Don't forget to focus on what specific issues you may face in your region.
It's your first home. You'll be tempted to fill that beautiful new home with all your visions. That may include remodels, renovations, or new furniture. It's best to hold off for a while--unless it's a critical maintenance item. At this point in the game, establishing a solid savings is most important. Unexpected costs lurk around the corner when you own a home, and savings help you prepare for unforeseen events or expenses. Making home improvements and decorating is a good thing, just research, budget, and save before implementing your ideas.
True, you may not want to take care of that clogged drain today, but tomorrow it may be an overflow that floods and damages the floor and creates the perfect moist conditions for mold. Small issues have a way of snowballing into much bigger ones, so it pays not to put off fixing things. If you're confident you can handle things yourself, go for it. However, never attempt something major or unfamiliar without the help of a professional. Again, it can turn a small problem into something much bigger.
Even if you have to reach deep into your pockets, investing in an accountant is a smart choice. Buying your first home has some tax intricacies that you don't want to mess up. An experienced tax professional will identify any deductions or nuances correctly, making sure you maximize your return.
You'll want to have a place for receipts, maintenance records, home improvement projects, appliance instructions, and any and everything pertaining to your home. The file will serve multiple purposes, from having proof for your taxes to being able to look up the last time you had the furnace serviced. Those records can also assist in designing an annual maintenance plan, or with facilitating a house sale—people feel more confident making a purchase on a home that was well-cared for and has the records to prove it.
Whether you're ready to buy your first home, or have a house to sell, contact our team of REALTORS® Old Dominion Realty.
Old Dominion Realty is a locally owned real estate broker with offices in the West Virginia and Virginia real estate areas (Harrisonburg, Crossroads Plaza, Augusta County, Moorefield and Franklin) and a proud Member of Leading Real Estate Companies of the World® (www.LeadingRE.com).