Category Archives: Lake Anna

Casino Night at Stonewall Harley-Davidson, Saturday 11/9/2019

Are you feeling like lady luck is on your side? Try your luck at Casino Night on Saturday, November 9th from 6PM – 9PM! Hosted by Stonewall Harley-Davidson (385 Waugh Blvd, Orange, Virginia 22960) you’ll enjoy FREE food, beverages, raffles, casino games and much more! As a special incentive, those that come dressed in Roaring 20’s costume will receive an additional $500 in “Dealer Bucks” to start off the night! There will be a $5 cost at the door, will proceeds benefiting the Orange County Animal Shelter. Don’t miss your chance at what is sure to be a night for the ages! If you would like to learn more about this event, click here!

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available properties, please visit our website lakeofthewoodsvirginia.com

Should You Hire a Real Estate Agent or Lawyer When Buying a Property

When you’re thinking about buying property, one of the first questions that pop to mind is, “Should I do this on my own or hire some assistance?” In a huge majority of cases, the answer is that doing everything on your own will make the process much, much harder, and we’d also be very surprised if you got a good deal without some assistance. In most cases, the only real question is: “Should I hire a real estate agent or a lawyer?” Both can be of invaluable assistance when it’s time to buy a property, but the ways they can help differ. 

Why You Should Hire a Lawyer

What makes a real estate agent different from a lawyer when it comes to buying a property? First of all, by law, real estate agents cannot give legal advice. While you are not obligated by law to hire a lawyer when buying a property here (unlike in some other states), you may have some legal questions that only a lawyer can answer. For example, you may want to rent a property for some time (let’s say for a year) before making the decision on whether you should buy the property or not. If the seller agrees to that, an attorney can draft this unusual contract and provide legal advice on the matter that a real estate agent could not.

A good lawyer will help you by answering all the legal questions that a real estate agent cannot lawfully answer.

As lawyers charge an hourly fee, before buying a property and moving in with the help of experienced professionals from dumbomoving.com, it’s a good idea to make a list of all the legal questions you may have and arrange a meeting with an attorney. Then, you can ask everything you need, as well as make arrangements on all the additional services you may need that a real estate agent can’t help you with (drafting the contract from the previous paragraph, for example).

Why You Should Hire a Real Estate Agent

While a lawyer will help you with some specific parts of the home buying procedure, you’ll still need to hire a real estate agent as well. A real estate professional will be with you every step of the way, acting as a sort of a guide to your home buying process. And if you’re buying a property, you’ll be pleased to learn that sellers are the ones who will pay the agents of both parties. The commission is usually 10 percent of the arranged home price, divided equally between the two agents. The logic behind this rule is that sellers will be receiving a lot of money, and so they should be the ones to pay all agents who will take care of the buying-selling process.

So, if you hire a real estate agent, your wallet won’t have a problem with that; you will basically get an invaluable service for free. And what exactly does that service entail? Buying a property is a complex procedure – lots of paperwork will need to be done, inspectors will need to be hired, a comparative home prices analysis will need to be prepared, etc. While some lawyers will try to convince you that they can do everything on their own, that is most often not the case. Real estate professionals will be better at all of these tasks, simply because they have dedicated their lives to buying and selling real estate; they have much more experience and they know how to use it.

Apart from many other ways that a real estate agent can help you, he or she will be able to find a perfect house for you in the specified neighborhood.

This gives them an edge in all sorts of home-buying tasks. Apart from the ones we have already mentioned, they are also much better at negotiating. Let’s say that, for example, some parts of the home will need to be fixed. You’ll need to determine whether you or the seller will be the one who has to make these repairs. In this case, a good real estate agent will help you negotiate an arrangement that is better for you financially. What’s more, an experienced real estate agent who is a good fit for you will be acquainted with the neighborhood where you’re looking for your dream home. He or she will know just what to look for based on your description.

Additional Things to Have in Mind

So, should you hire a real estate agent or a lawyer? The answer is – why not both? Combining the individual strengths of these two professions will get you the best deal. Rely on attorneys for legal advice that a real estate agent cannot offer, and hire a real estate agent for everything else.

Before you hire a real estate agent and a lawyer who will seal the deal, you’ll need to have some things in mind. Alt text: A man signing a contract.

Still, simply hiring any real estate agent and lawyer is not enough; you will need to find a dependable and competent real estate agent, and the same goes for your lawyer. Here is what to look out for:

  • Sometimes, it may so happen that an opportunity to share a real estate agent with the seller emerges. In our opinion, that would be wrong to do. As real estate agents make a living off of commissions, they might be looking for the sellers’ best interest in this situation and not yours. Ethical agents who won’t do this certainly exist, but it’s best to be on the safe side anyway.
  • Real estate agents may press you to offer a higher price because of similarly unethical reasons. The more you pay, the larger their commission, after all. What’s more, some of them will be afraid to negotiate because doing so might mean that they won’t get to close the deal. If it seems that your agent doesn’t respect your opinion and is only looking to close the deal as soon as possible, it is best to find a different agent. Doing research on your own regarding home prices in the given neighborhood will help you avoid such unpleasant situations.
  • Most lawyers prefer to be hired and paid only after the home buying process is complete. However, it may suit you more to only pay for one consulting session or one or two specific tasks. That can be arranged, just have the arrangement in writing (better safe than sorry).

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available properties, please visit our website lakeofthewoodsvirginia.com

Annual Wine and Oyster Festival September 21st-22nd

Wine and Oyster lovers rejoice! Your favorite festival is back again! Make sure that you’re at Stratford Hall on Saturday September 21st, and Sunday September 22nd for the Annual Wine and Oyster Fest! Enjoy tasting countless wines from Virginia wineries, and have your fill of coastal Oysters. Be sure to check out some food trucks, and local artisan booths that will be set up around the event. The fun doesn’t stop there, as plenty of music and entertainment for all ages can be found; including specialty car with the Mustang club showing off on Saturday, and Memory Lane Car Club on Sunday. Ticket prices vary, and online ticket sales will end on September 19th at midnight. This is one festival that you don’t want to miss out on! For more information about the event, be sure to click here!

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available properties, please visit our website lakeofthewoodsvirginia.com

Tips For Selling Your Home Faster

Selling your home can turn into a genuinely lengthy process if you have no information on how to do it properly. Making a detailed plan and having an experienced professional agent by your side can significantly decrease the time your home spends on the market. If you are willing to make an effort, invest your time and some financial means, it will be easier to gain competitive advantage and make your property more appealing than others. Thus, here are some tips on how to interest your prospective buyers and succeed in selling your home faster.

Improving curb appeal is the starting point

The first impression matters greatly when buying a property. Interestingly, sellers very often tend to forget this fact, so they focus intently on the inside of their homes. However, if you aim at selling your home faster, improving curb appeal is the most reasonable starting point. Firstly, pay attention to your lawn. Keep it neatly mown at all times since you never know when the potential buyers can come by. Also, it is necessary to trim trees and bushes regularly and to maintain your garden well enough.

Figure 2 Improving curb appeal is the most reasonable starting point when aiming at selling your home faster. Alt.tag: A beautifully decorated home entrance that can help when aiming at selling your home faster.

Pay special attention to the entrance. If it is necessary to add a fresh coat of paint, do not hesitate to do it. A new house number and a matching mailbox can easily catch everybody’s eye. Ideally, repainting your front door will maximize the positive effect on whoever comes to tour your home. Remember, what you want to achieve is making prospective buyers believe your home is the right choice for them.

Decluttering is critical for selling your home faster

Clutter at your home threatens to prolong the whole process or even reduce the price considerably. Getting informed on some key decluttering tips can help you create an intimate and yet neutral and cozy atmosphere that will enable your prospective buyers to envision their life and family in this place. Furthermore, do not forget depersonalization.  If a neutral territory is what you want to achieve it is inevitable to remove all your family photos, children’s artwork, souvenirs from various travels and so on.

 Since it is essential for potential buyers to move freely around your home, getting rid of bulky furniture pieces is a must. Ideally, you can look for an affordable unit to store your belongings and these furniture items safely. Then, you can rearrange the rest of your furniture and maximize the space. This will be highly appreciated and valued.

Make your home shine

You need to raise your cleanliness standards to the highest level until selling your home comes to its end. Paying special attention to all hidden areas is of utmost importance because your home needs to bear the scrutiny of various potential buyers. While it may be exhausting and quite challenging to keep your home in pristine shape for long, it is needed given the circumstances. Otherwise, you risk making one of the biggest mistakes when selling a home.

Figure 3 Make your home shine and prospective buyers will love it. Alt.tag: Cleaning brushes in various colors.

Natural light is a great benefit

Natural light is everybody’s favorite. It brings freshness, calmness, and warmth to your space, so it has to be ample in order to attract attention. Try your best to make your home as naturally lit as possible. Should you find any problems with meeting this requirement, placing decorative lamps around your home might help.

Selling your home faster requires making it available to prospective buyers

It is vital to make your home available to potential buyers. Unfortunately, this most often means allowing them to tour your home whenever it fits their schedule, even at weekends. This is a slight inconvenience you will have to bear if you expect to succeed in selling your home faster. Buyers themselves also feel nervous about finding the property that meets their criteria once they realize that buying real estate is a good investment.

Be realistic about the price

Making a decision about the price when selling your home is a crucial task in the process. With the help of the internet, both sellers and buyers can obtain information on the subject quite easily. Hence, it is essential to be utterly realistic when setting the price. Defining the price either too high or too low is very risky. Should you have any doubts, consulting professionals is advisable.

If you, however, decide to set the price yourself, there is another step you need to define. Having a timetable for lowering the price can prevent your home from being on the market for too long. Instead, a reduced price after some time may incentivize those buyers who were having second thoughts. Eventually, selling your home faster becomes achievable.

Figure 4 Be realistic when setting the price for your home. Alt.tag: Three different piles of coins and a small wooden model house.

Taking some photos can help in selling your home faster

A great majority of prospective buyers start their search for a perfect home online. Most of them prefer seeing photos of the houses listed in order to take them into consideration. Thus, making high-quality photos of your home can be very beneficial. If they emphasize all the appealing and distinctive features, they will easily attract buyers in a short period of time. Make sure you photograph both the inside and outside of your property. If you are willing to invest in hiring a professional photographer, you can expect favorable results very soon.

Feel free to spread the word

Although collaboration with your real estate agent is compulsory, you can also contribute to selling your home faster. Feel free to spread the word. Talk to your neighbors, colleagues, and friends. Use the advantages of social networks and share your listing on various social media. Understandably, the more people you inform the bigger the chance to find the buyer soon.

Time matters

Among other factors, the time you list your home for sale determines how long it will stay on the market as well. When aiming at selling your home faster, it is, generally, advisable to list it in spring or fall. Reasons underlying this suggestion are understandable. The weather in spring is pleasant and people are willing to tour houses more often. The school is coming to its end, so moving will not cause any problems to families with children either. On the other hand, in the fall, the weather is still warm. People have come from their vacations and now they are ready to search for the property that meets their strict criteria. The school is about to begin, so prospective buyers have time to make the final choice and conduct their relocation. Use your chance and make selling your home faster possible.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

home buyer

Ready to Buy Your First or Next Home? Come To Our Free Home-Buyer Workshop On Sept. 29!

This Home Buyer Workshop event will feature on-site loan consultations as well as our “Love it or Leave it” program. In addition, you’ll gain access to other premium programs that are unavailable to the general public! This event is FREE to attend, so make sure to set the date on your calendar! A Q&A will also be held featuring some of the industries best vendors: such as a Michael Ullmann, a mortgage representative, a title company, and a home inspector. Seats do tend to fill up, so make sure to reserve yours today!

RSVP by Sept. 25th at 540-388-2541 or email: Cheryl@licatagroup.com.

RSVP ONLINE HERE.

We look forward to seeing you there!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Common Mistakes First-Time Homebuyers Make

Along with the excitement that buying your first home brings comes the apprehension about the decision. Millions of questions come to mind making your decision even harder to make. The best tip that you can get is to get informed. But, do you know what you have to get informed about? If you are thinking of buying your first property ever, take a deep breath and start reading through the most common mistakes first-time homebuyers make so that you can avoid making the same ones.

Starting a House Hunt Without a Financial Plan

Since you are buying your first home, it is understandable that you are very excited about the idea and impatient to find the right one. However, that doesn’t mean that you should start your search completely unprepared. You should at least know what price range to look at. Since the real estate market is quite competitive and demand is almost always higher than supply you should come prepared. That means that you should be pre-approved for a loan before looking at listings. Then you will be more acquainted with your financial prospects and you will know what you can hope to find. By the way, there are so many facts you should know about mortgage before you apply, so do not rush it.

First-time homebuyers should be prepared before house hunting, Alt. tag: A model of a house made of words FOR SALE

Sticking to One Mortgage Lender Only

A mortgage is also a product that you buy and can find at different prices with different sellers. Do not make a mistake by not comparing the quotes before committing. Choose at least three lenders and compare the estimates that you get. Remember, you are looking for a good deal as well as the lowest rates you can get. You cannot find those if you only consult one bank or lender. The same goes for finding skillful movers who can relocate your home – you need to make a list and then choose one company that suits you best.

Not Paying Attention to Your Credit Reports 

Your credit reports are extremely important to a bank or lender that you are considering taking a mortgage from. They will analyze every single detail of it, so you need to make sure that they like what they see. A credit report that contains errors may result in higher interest rates for you, so it is in your best interest to keep it as accurate as possible. The good news is that you can get a free credit report from any of the main credit bureaus at the end of a year so that you can correct any errors that you come across. The lenders need this report at pre-approval and before final loan approval. In the meantime, you shouldn’t be opening new credit cards and you should do your best to pay your bills on time every month.

Credit reports are extremely important to lenders, Alt. tag: Credit report of a first-time homebuyer

Thinking That You have to Make a 20% Down Payment

When you start calculating how much money you need for your down payment, you will probably ask yourself whether buying real estate is a good investment at all. Twenty percent of your future property’s worth is a lot of money to prepare before you even start searching for a home. Luckily, there are some loan programs that allow you to make a down payment as low as 3.5% or even 0%. It goes without saying that a bigger down payment means that you can get a smaller mortgage, so you will have more money left in your budget every month.

On the other hand, while you are saving money for your 20% down, the property prices continue to grow along with the mortgage. So, the decision is all yours and you need to make sure that you set a monthly payment that you can actually provide. And, do not forget that you are obliged to pay the mortgage insurance in case your down payment is less than 20%.

Not Considering Special Programs for First-Time Homebuyers

There are some special programs for first-time homebuyers that offer low down payment loans. You should inform yourself whether such programs exist in your state and learn about the following:

  • FHA loans – the down payment can be as low as 3.5%. Besides this obvious rebate, the Federal Housing Administration is not so strict about credit reports. But, once you commit to this loan, you will have to pay for mortgage insurance as long as you have the mortgage to pay, which means even after your equity is more than 20%.
  • USDA loans – if you are planning to buy a property in a rural area, the chances are that you qualify for zero percent down and 100% financing – a program offered by the U.S. Department of Agriculture. If you opt for this program, you will have to pay the guarantee fee instead of mortgage insurance.
  • VA loans – mortgages offered by the US Department of Veterans Affairs to people who have served in the military. These loans allow veterans to put a down payment of zero percent and get 100% financing. A funding fee has to be paid instead of mortgage insurance.

Falling in Love With the Property and Failing to See its Faults

This can be a huge mistake. It often happens that we like the house, but it turns out that its neighborhood is not a place where we would like to raise our children. You should always visit the place at least two or three times, at different times of day and week, before you make a decision to buy. If you notice that there is something the seller is trying to hide, that should be a red flag to look for

First-time homebuyers are usually impatient to move in, Alt. tag: House door with keys

Wasting All Your Savings On Your First Property

This is one of the common mistakes first-time homebuyers often make. They do this to add to the sum for a down payment and lower the monthly payment rate. However, you still need to have an emergency fund (three to six months of living expenses) because there are so many things that can go wrong when you buy a property. It is better to pay for mortgage insurance and still have your emergency fund untouched, just in case. 

Not Knowing About the Hidden Costs of Ownership

There are many costs of ownership that first-time homebuyers do not know about. Property taxes, insurance (mortgage, hazard, and homeowners), repairs, maintenance, and utilities are just a few of them. 

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Windmore Foundation for the Arts Stageworks Presents: Vintage Hitchcock – A Live Radio Play

Don’t miss Vintage Hitchcock: A Live Radio Play by Joe Landry, Directed by David Schubert.

Alfred Hitchock’s trademark of spies, murder and love are featured in this 1940’s radio broadcast style play. This play is a triple feature of the master of suspense’s earlier films: The Lodger, Sabotage and The 39 Steps. This live performance will be complete with vintage commercials recreating a daring train chase, a serial killer’s ominous presence and would not be complete without a “devastating explosion” through the magic of live sound effects and musical numbers!

Featured Showtimes and Locations:
Saturday, August 17 and Sunday, August 18th at 7PM at the Jewell Box (201A North Main St, Culpeper VA 22701).
Saturday, August 24th and Sunday, August 25th at 3pm at the Prince Michel Winery (154 Winery Ln, Leon VA 22725, Barrel Room).

Tickets will be $15 per person at each performance location or tickets may be purchased online, here.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

chilli

Orange County’s 4th Annual Chili Cookoff, Brewfest & Corn hole Tournament

Saturday, October 12th from 11AM – 6PM. Join the Orange County Chamber of Commerce as they host the 4th Annual Chili Cookoff, Brewfest and Corn hole Tournament! The festivities will take place at the Orange County Fairgrounds located at 14500 Old Gordonsville Rd, Orange VA 22960.

Chili festival is always delicious with many participants submitting their chili; there will be local and regional craft breweries to quench your thirst and of course, don’t forget to particpate in the East Orange Ruritan Club Corn hole tournament. There are CASH PRIZES for the corn hole tournament and chili cookoff.

Tickets range from $25 – $140. Get more ticket info here. The VIP experience is supposed to be IMPROVED, including: unlimited craft brew tasting, PLUS a $10 food truck voucher, exclusive craft brews and even a MEET & GREET with the WORX!

105.9 SAM FM will be broadcasting the festival from 11am – 1pm and the Worx will take the stage at 1:30PM for your afternoon music entertainment.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

PENNFIELD DR

Beautiful Lake Anna Waterfront For Sale in Orange, Virginia Offered at $879,999!

26515 Pennfields Dr, Orange, VA 22960

The tranquil water views will have you never wanting to leave the comforts of home! This spectacular home boasts high ceilings, crown molding, gleaming hardwoods, granite counters and three levels of luxury living!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata. To see available Lake of the Woods properties, please visit our site.

home

Licata Group Real Estate Show Episode 2

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.