lake of the woods virginia front entrance sign

My Journey to Lake of the Woods

As a Lake of the Woods resident since 2008 (as a weekender and a full time resident), I’d like to share my journey to the Lake. My husband, John, and I were interested in finding the perfect location for a second/vacation home. Initially, we were open to looking at a beach location, as well as a lake. We began searching in the summer of 2007 through the spring of 2008 for our getaway.
We decided fairly early on that the beach just wasn’t for us because of distance from Northern Virginia and lack of activity during “non-peak season,” we began focusing on the lakes in the area. Having made the trek to Lake Anna and Smith Mountain Lake in Virginia, and Deep Creek Lake in Maryland, something wasn’t “perfect” for us regarding each location. Lake Anna was too busy for us, and Smith Mountain Lake and Deep Creek Lake were both too far for us to enjoy a home regularly, and we also didn’t care for how few conveniences were located close by (ie, grocery store, pharmacy, restaurants, etc).
Then we remembered having visited Lake of the Woods years ago, when we had been a guest of a friend. After our first house-hunting visit to the lake in early spring of 2008, we knew where we wanted to be. Lake of the Woods, as a gated, secured community, gave us peace of mind as weekenders. The community offered us close proximity (1 hr 15 min from Reston),  tons of conveniences, as we residents are supported by a grocery store, pharmacy, gas stations, cleaners, nail salons, automotive services, doctors, a library, a post office, many restaurants, and a brand new elementary school-all within 2 1/2 miles of the gates), over 50 clubs and organizations in which to participate, a fabulous clubhouse overlooking the lake that serves excellent food, and a clear, pristine lake!! Oh…did I mention the PGA golf course and equestrian center within the community?? And the Community Center, and the non-denominational Church within the gates? Or the walking trails? And what about the wildlife!
We purchased our home in June of 2008, and after that first year (52 weekends), we realized that we had been to our home at Lake of the Woods 51 of those 52 weekends! That’s when we decided that the “allure of the lake” was just too great to resist and made the change from weekenders to full-time residents!
Call me today at 540/735-7998 for a boat and car tour!

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 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, 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.

Main Lake Drone Photo, lake of the woods virginia 22508

Aerial Tour of Lake of the Woods, VA!

Aerial Tour of Lake of the Woods! By Pat Licata REALTOR

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.

3106 savoy dr, fairfax VA 22031

3106 Savoy Dr, Fairfax Virginia 22031 Offered for Sale at $799,000 by Licata Group EXP Real Estate LLC!

Close to the Vienna Metro station, this well-kept home has everything you need and is MOVE IN READY! A tri-level traditional home with 5 bedrooms and 3 bathrooms, there is plenty of room for family & friends to create new memories with you! The spacious main level offers gorgeous hardwood floors, an easy flow to the bright eat-in kitchen with access to the back deck, and a fenced yard. Relax in the cozy family room with a brick fireplace. Just off the family room, step into a gorgeous sunroom and screened-in porch, perfect to relax and enjoy nature year round! Retreat to the quiet upper level for a spacious primary suite and bedrooms.  The lower level with extra bedroom rooms/flex space and family room will be a favorite place for a game room, fitness room, you name it! In the huge full basement, you will have plenty of storage, and flex space, where ever your imagination will take you! A must-see!  Schedule your tour today!

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 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, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

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

5 Steps to Upsizing and Launching a Home-Based Business

You’re dreaming about running a business right from your home – but there’s only one glaring problem. You simply don’t have the space at your current property to accommodate a business. Therefore, upsizing for the sake of your entrepreneurial goals might be the right move. If you’re looking for a home where you can comfortably run your new business, The Licata Group can help you get the keys! Here are a few essential tips to guide you through the house hunting process, getting involved with your new community, and officially opening your business.

Home Features to Look For

Make a list of the features that you’re looking for in your new home. You might want an entire room that you could use as a home office, a garage, attic, or basement for storage space, or a patio where you could work outside on nice days. Perhaps you want to live in a walkable neighborhood so you can go for walks during your lunch breaks, and you’ll probably want to ensure that you’ll be able to get a fast internet connection in your new home.

Finding the Right Property

Next, it’s time to start your home search! Begin by picking out a real estate agent to guide you – Ownerly recommends checking out references from previous home buyers they’ve worked with. As you tour homes, take note of how much room you would really have for business storage and operations. Think about how noisy the surrounding area is, too – you don’t want to end up dealing with distractions throughout the workday!

Design Your Home Office

Whether you have a whole room for your home office, or you’ll simply be placing your desk in a quiet corner of your home, this space is yours to design and optimize. Simple Life recommends setting up a monitor stand on your desk for your computer, hanging shelves on your walls to create more storage options, using cups and mugs to hold pens and pencils, hanging documents, calendars, or various tools on a convenient peg board, and adding plenty of lighting to illuminate your space. 

When it comes to decor, use your imagination! You can bring in some house plants for a soothing, natural touch, hang up your personal photography, or pick up interesting artwork from a local gallery or antique shop.

Get to Know Your Community

You’re settled in at your new home, and it’s time to start exploring your area! There’s plenty to see and do in Orange County, VA, from strolling through downtown Gordonsville to visiting the Civil War Medical Museum to checking out James Madison’s Montpelier. The area is also home to a thriving small business community, so try to patronize local entrepreneurs whenever possible – you never know when you’ll end up networking with someone who can give you valuable advice, or send some business your way!

Market Your Business

Now, you’re ready to advertise your business so that you can land your very first customers! You can start by launching a company website with some sleek infographics to highlight the benefits of your products and services. While you could budget for a graphic designer to get this project done, you could also create an infographic for free with a template instead. You’ll be able to personalize any template you choose with your own text, color scheme, and graphics.

The size of your home does not have to stop you from pursuing entrepreneurship. By upsizing with a larger property, you can chase your dreams and open a business. With these suggestions, you’ll be able to find a home with all of the square footage you need.

Ready to find a new home for your family and your business? The Licata Group can help make your dreams come true! Call today at 540-388-2541 to get started.

Photo via Unsplash

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 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, 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.

Essential Tips for Buying a Home During Summer

Summertime is most people’s favorite vacation period. Sometimes whole neighborhoods become deserted with everyone on a trip somewhere. Buying a home during summer can turn out to be a better option for you. The reason is the factors that are specific to this time of the year. Keep the following in mind to benefit from all the advantages of summer home shopping.

Summer offers a good time to check out neighborhoods

Your new home is not the only thing you should consider when you intend to relocate. It is also important to check out the neighborhood. Buying a home during summer is particularly suitable for that since most of your potential neighbors will be on vacation. It is a little funny when a new guy walks around the area staring at people’s yards. You don’t want the people living there to think your intentions are malicious. Use these holiday months to roam around your future neighborhood more freely and maybe even take some pictures. The schools are on break as well. You can go check that out without being mistaken for a suspicious stranger. 

Also, there is a good chance that the people who have put their homes on the market are also on vacation. Without the owner around, you can take the opportunity to make a more detailed inspection of the house or a condo you are viewing. As you know, there are certain things home sellers are required to disclose by law, but the rest you can make sure you don’t miss by taking a good look at it. And finally, there’s a good chance the real estate agent will tell you more about the property when the owners are absent. 

Aerial photo of a suburban neighborhood.
Buying a home during summer allows you to check out the neighborhood in peace.

In summer, days are longer, so there is more time to see the property

Summer is a time when days are longer. It has been scientifically proven that people’s natural energy levels are directly related to the amount of sunshine they get. With that in mind, in summer, it is more likely that the sellers will find it acceptable to have people over on their property until later in the day – simply because it is still daylight. That gives you more time as a buyer when the property is available for you to see. 

This may seem like an irrelevant thing to you. Yet, for those working long hours or having a tight schedule, purchasing a home in summer may be more realistic than when the viewing period is shorter. One of the experts from a moving company Beltway Movers, says that many of the people he worked with find it important that every aspect of buying a home is adjusted to their long working hours. Moving into a new home as well as viewing it is much better to do in daylight when the visibility is higher. With that in mind, these particular clients find that buying a home during summer is better suited for their tight schedules. 

Take advantage of the fact that there is less competition

As previously mentioned, summer is a time when most people choose to travel somewhere. The absence of potential buyers leaves agents with more time to devote to those that are present. This means if you are viewing a condo or a house, your agent will be able to answer more of your questions. You can even take this chance to discuss the situation on the market and get very useful advice and information. It is vital that you ask all that is of interest to you during the home viewing, so there are no nasty surprises later.

Another crucial thing is that with fewer people around, there will be fewer offers made. You will have a higher chance of getting the home of your dreams for a reasonable price because of that. If you notice there aren’t many people interested in that particular property, don’t wait too long with your offer. It may just be temporary until the vacations are over. Generally, smaller demand generates lower prices, and fewer offers create higher chances that yours will be the most favorable.  

Relocating in summer can be done more easily

Moving is never an easy task, especially if your new hometown is on the other side of Virginia. It is always a good idea to hire professionals who will give a helping hand and get you through this complex process smoothly during any season. Nevertheless, there are several reasons why making a big move in the summer is a better idea than at any other time of the year.

  • The school year is over. Moving when your kids have lots of school activities and disrupting their routines is a nightmare for any parent. Summer offers a solution for that in the form of the end of a school year. Your kids can even help with the move too. Also, enrolling in a new school is better at the beginning of a school year than in the middle. Being a new kid in class is easier than being that new kid who also has to catch up with the classes as well.
  • The weather is favorable for transportation. Driving a truck full of stuff is easier to do on dry roads. Naturally, they are more common in summer than in any other season. For example, wet and icy roads are often present in fall and winter. Those conditions are something truck drivers dread.
  • The yard sale is more efficient in summer. Your curb appeal is outstanding in summer. If you intend to organize a yard sale, summer might generate more profit for you.

Consider these reasons seriously. They can make a huge difference between a stress-free relocation and a tedious and nerve-wracking endeavor.

Two people carrying boxes out of the house.
Summer as a holiday season is a good time to move as well 

If you are buying a home that is not in your hometown, turn it into a fun trip

Speaking of relocation, aren’t you curious about the attractions and fun activities your new hometown has to offer? As you know, summer has a way of turning even the dullest of places into exploration-worthy areas. Typically, there are more interesting outdoorsy things to do in summer than in any other season. We advise turning this rather business-like activity of viewing potential homes into a trip for the whole family. Whether it is going to be a short break in your future hometown or a more extended staycation of a sort, you have the opportunity to approach buying a home during summer as a holiday with one obligation only and lots of enjoyment. 

A mother and daughter packing a suitcase to merge traveling and buying a home during summer.
Those that are viewing a home outside the city they currently live in can turn the experience into a fun family trip.

Final thoughts

Buying a home during summer can be a delight. Use all that long sunny days have to offer in Orange County, for example. As we have seen, shopping for a home in this mainly vacation-oriented season has many advantages. You can even merge buying a home with your own fun family traveling if your new hometown is on the other side of the country. Whatever you choose to do, we are sure this is a part of the year when you will find what you are looking for.

Photos used

https://www.pexels.com/photo/a-woman-and-a-child-packing-a-suitcase-4784047/

https://www.pexels.com/photo/couple-carrying-carton-boxes-while-moving-out-of-old-home-4246267/

https://www.pexels.com/photo/for-sale-sign-in-front-of-a-house-7578847/

https://www.pexels.com/photo/high-angle-shot-of-suburban-neighborhood-1546168/

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 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, 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.

109 saylers creek, lake of the woods virginia 22508

109 Saylers Creek Rd, Lake of the Woods Virginia 22508 UNDER CONTRACT! by Licata Group EXP Real Estate Advisors LLC!

Enjoy the quiet homestead of 109 Saylers Creek Rd nestled in lovely Lake of the Woods! The huge yard provides room to roam and wooded privacy. As you enter, you are greeted by oversized, bright windows, high ceilings, and gleaming hardwood floors, new carpet, and fresh paint. Family gatherings for the upcoming holidays will be exciting and memorable around the cozy fireplace. During warmer weather, the screened porch will be a favorite! Meal prep will be a breeze in the open eat-in kitchen with plenty of room for helpers. Wait til you see the elegant windows with the high ceiling in the primary suite! A plumed-out attic is ready for wherever your imagination will take you!

https://youtu.be/CmICC-tCjAk

A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteer your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!

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 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, 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.

7009 Newt Way, King George VA For Sale

7009 Newt Way, King George Virginia 22485 NOW, UNDER CONTRACT by Licata Group EXP Real Estate Advisors!

Sold AS IS. Great investment property! Perfect fixer-uppers! One level, 3 bedrooms, 1 bathroom. Super close to the base. So much potential!

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 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, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

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

Kids’ Fall Fun Day at Lake of the Woods, Wood Center!

Looking for something fun to do with the kids this fall in our local Lake of the Woods Community? Join the Lake of the Woods Ladies Golf Association as they sponsor and host a Fall Fun Day! Save the date for Saturday, September 10th starting at 1pm and ending at 4pm at the Lake of the Woods, Woods Center (108 Fairway Dr, Locust Grove VA 22508). The first 100 kids to arrive will receive a free hotdog, chips, and drink! After the first 100, it’s $5 for each child thereafter. Parents may bring kids up to age 10 for a day of free games and tons of fun including a bouncy house, golf cart rides, and games, games, games! Save the date, support your local community and enjoy a nice Fall Day all at Lake of the Woods!

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 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, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

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

market stats

July 2022 Lake of the Woods Virginia 22508 Real Estate Market Statistics

In July, 28 homes were SOLD in Lake of the Woods.

1 sold below $250,000.00
4 sold between $250,000-299,999;
10 sold between $300-349,999;
4 sold between $350,000-399,999;
7 sold between $400-499,999;
2 sold between $500,000-$999,999;

29 Active/Coming Soon Listings for Sale
37 Homes Under Contract
182 Homes Sold since January 1, 2022.

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 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, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

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

Why You Need a Real Estate Agent in This Shifting Market

Key Takeaways:

  • Understanding the ebbs and flows of the market is crucial to success
  • A real estate agent is on your side and knows your local market best 
  • Start planning your next move now – contact us!

What to Do When the Market Changes

Buying or selling a home is one of the most exciting moments in people’s lives, and it’s also affected by broader economic trends. The challenging process is filled with details and detours. Today’s housing market is continually pivoting amid persistent global pandemic-related influences and a subsequent housing supply crisis.

If you’re looking to buy, sell, or both, employing the services of a trusted real estate professional is a critical decision that can make or break your deal. The local knowledge and experience they bring to the table will help you navigate the real estate investing process wisely, especially in today’s rapidly shifting housing market. 

So, let’s take a deeper look at current housing market trends to better understand what’s going on, why hiring a professional real estate agent is essential, and let’s help you figure out your next best step!

Understanding the current housing market 

Real estate agent explains the current housing market to young couple.

Understanding the shifts occurring in today’s housing market is simple when you boil it down to basics: people moved in response to the COVID-19 pandemic. Some homeowners moved because their jobs went remote, and others upgraded or downsized to cash in on their equity gains. But, regardless of their reasons, people flooded into the housing market, disrupting the balance between supply and demand.

Recently, numerous reports have stated that we are in a “buyer’s market” now due to home prices beginning to stabilize and houses sitting on the market longer. However, at the same time, because of higher mortgage interest rates and the available housing supply continuing to lag behind current market demand, others have declared that we’re still in a “seller’s market.” With all these conflicting reports about what is happening in today’s housing market, it’s easy to get confused about what’s really going on. 

Here’s the truth: today’s historic hot housing market is a robust win-win for both buyers and sellers. With the available housing supply finally beginning to rise, buyers benefit from having more properties to choose from and don’t feel the need to settle or place an offer for fear of missing out. At the same time, sustained demand has preserved historic equity gains that remain beneficial for sellers should they choose to put their homes on the market.

Why hiring a trusted real estate agent never goes out of style

Real Estate Agent Shows Bright New Home to a Young Couple. Successful Young Couple Becoming Homeowners, Embraces and Hugs Each Other.

It is not uncommon or unusual for real estate markets to change. It happens all the time. However, one thing that doesn’t change is the value and peace of mind that hiring a trusted real estate professional provides you. 

If you’ve been reading the national headlines and wondering what it all means for you and your local area of interest, hiring a local real estate agent is vital, since real estate is all about location, location, location. Some neighborhoods and communities thrive amid all the turbulence, while others are staying cooler even in this hot market. If you’re selling, your agent will know the best way to position and market your property to get top dollar for the sale. And if you’re buying, your agent will help steer you in the right direction of your desired neighborhood, and cut through all the larger noise of the national market.

The best part? Your agent is a trained negotiator, and their expertise goes way beyond finding a place to call home. With your agent’s help, you can get what you want out of the deal. Think beyond purchase price and consider all of your contract’s terms, with potential benefits including a longer closing date, special repairs, and upgrades to the property, or even getting the seller to pay some of your closing costs.

Ready to Conquer the Market?

The best way to beat the market swings is to work with a real estate professional that knows your area. With decades of experience, our team is here to help. We’ve seen it all, and are here with smart advice to give you the competitive advantage. Let’s connect today and figure out how we can achieve your goals.

Warm Welcomes and Happy Send-Offs for August 2022!

Licata Group would like to extend a warm welcome to all the new homeowners! We often have really fun events hosted throughout the year, do frequent giveaways (think lotto scratchers, pies, FredNats tickets, just to name a few!), and also provide real estate market updates as well as local upcoming community events. We would like to take this opportunity to invite you to join our newsletter so you can never be without! Sign up here. Or call our office at 540-388-2541.

John & Chassidy Campbell
Bernie & Noy Hudson
Renee & John Woodworth
Daniel & Olive LaBore
Jennifer Eckard
Sean Boseman
Chrissy & Jonathan Elrod
Nicholas Mansourimoaied
Bob McGrath
Diane & Donald Engel
Ena & Steve King
Yosselin Zavala
Stephanie DeSio
Amber & John Curtiss
Herbert Pettett
Asadulla, Lailoma and Dewa Ayubi
Pauline & Donna Lewis
Mike & Marcie Lockwood
Chrissy Halstead
Zachary & Sarah Kelly
Buddy & Jo Ann Ward
Nora Kelly
Becke Blood
Peggy Stirnweiss
Allen & Michelle Goshi
Harry & Chris Chang
John Homberger Jr
John Curtiss
Nicole Javier & Theresa Wilson
Ron Tipton
Kenneth McCoy & Candace Bell

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 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, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

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

What Do Home Sellers Need to Disclose?

If you’ve ever bought or sold a home, you’re most likely aware that the process involves an abundance of paperwork and legal formalities. One of the most important documents is the seller’s disclosure form, in which the seller may answer various questions related to the condition of the property. When completed correctly, this form can help protect both parties to the transaction—it informs buyers of potential problems while shielding the seller from lawsuits in certain situations. But what exactly are sellers required to disclose? The specifics may vary substantially from state to state or even city to city, Virginia requires the seller to disclose much less than other states. For example, if a seller corrects a defect, he/she does not need to disclose it. For more information on exactly what needs to be disclosed in Virginia, please ask us at info@licatagroup.com or call us at 540/388-2541. We are always happy to answer questions!

Here are some typical disclosures required by many states:

  • Threats to health or safety. If the seller is aware of the presence of asbestos, lead paint, toxic mold, or other hazards on the property—including risks from potential natural disasters—they typically must disclose these threats.
  • Water damage, including existing damage and known flood risks.
  • Significant repairs that the home has had or may imminently need. These are generally limited to structural issues or the home’s electrical, plumbing, or other key systems.
  • Neighborhood nuisances, such as noise or odors that could negatively impact the owner’s enjoyment of the property.
  • Deaths. Many states require sellers to disclose deaths that have occurred due to the property’s condition (even if the safety issue has been rectified) or as a result of violent crimes that took place on the property.
  • Missing items. If the seller intends to remove items that a buyer may reasonably expect to have once they move in—for example, kitchen appliances, lighting fixtures, or HVAC units—many states require it to be disclosed.

sources: redfin & investopedia.com

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 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, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

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