All posts by Patricia Licata

new home

Should You Sell Your House or Rent It Out?

You have found a new job, a new love, or a new desire to move somewhere else. These are all great reasons to buy that one-way ticket and start packing your bags! But, what about your house? You can’t just leave it be – you have to either sell it or rent it out. Both selling and renting have a lot of pros and cons; however, it will be up to you to decide which option will take the lead. This is going to be complicated and stressful, we know. And, we also know that you are going to need help to decide. That is why we are here—to help you determine whether you should sell your house or rent it out. So, if this is the kind of help you were looking for, keep on reading. 

Signs You Should Sell Your House 

1. Your House is in Seller’s Market 

There is a huge demand for homes in a seller’s market, but there are not enough homes. This means that if your house is in the seller’s market and you decide to sell it, you will do it without any delays and for the highest price possible. Your local real estate agents can help you with this—that is, they will tell you your home’s value and give you advice on how to sell it properly. 

2. You Need Money 

Should you sell your house or rent it out also depends on whether you have enough cash—for your new home and to maintain this old home? Everything costs money. So, evaluate your budget and assess all of your finances. If you have some money to spare, great! But, if you don’t, that is your sign to sell your home. 

3. Your House is Old and Requires Serious Renovation 

Maybe you want to move out of your house because it requires a lot of maintenance. It needs to be renovated and upgraded so that it can fit all of your needs and preferences. If that is the case, you should look for movers on bestcrosscountrymovers.com, relocate, and sell your house. If you can’t live in it, renters won’t be able to either. All renters look for comfortable and modern homes – if your home isn’t that, you will not be able to rent it out. 

An old, damaged wall.
With old and destroyed houses, there is no doubt whether you should sell your house or rent it out

4. You Don’t Want to Be a Landlord 

Renting out your property to strangers means that you will still be responsible for everything that is going on in your house. You will have to take care of all the household issues, finances, and many other problems. And, you will always have to be nearby. This will be just like any other job. Of course, it will provide you with a steady cash flow (almost) every month, but it will also require you to “work” on that property too. If this is not something you are ready to do, better list your house now. 

5. The House Is Just Not Good Rental Material 

As previously said, all renters want to live in modern and comfortable homes. But not only that, they want to live in safe homes that have all the needed amenities both inside and out. They want to live in homes that are close to the city center or, at least, close to some means of transportation. Just think about it–would you rent out a home in the middle of nowhere, and that will make your life extremely difficult? Probably not. So, if your house has similar features, don’t even think about whether you should sell your house or rent it out. The answer is rather obvious. 

A house-shaped keychain representing the uncertainty of whether you should sell your house or rent it out
If you wouldn’t want to rent your home, other people won’t either.

Signs You Should Rent Your House 

1. Demand for Rentals is High in Your Area 

If, for example, you have to move from Virginia to some other state, don’t let all of the reasons mentioned already force you to sell your house and decide to leave for good. There are some great reasons (signs) for you to keep your home and rent it out before you leave. And one of those signs is that you live in an area where there is a high demand for rentals. Those are typically urban areas, areas around schools and colleges, areas close to business districts, etc. Renting your home can be quick, easy, and financially good in these areas. So, before you decide to leave for good, think about this – renting your house can be a wise decision. 

2. Wondering if You Should Sell Your House or Rent It Out When You Are Still Attached to the House 

Maybe a job or some new life event forced you to move out and buy a new house. And, maybe you still love your house—it has everything you need, and it reminds you of your family. It is okay to feel emotionally attached to a property! And, it is okay to rent it out until you figure out what to do. By renting the house out, you will have enough money to take care of it even from the far. So, don’t push yourself to do something you are not ready for. Rent the house until you are ready for the next move—whatever that move may be.

One person giving home keys to another.
If you are still attached to your house, be sure to find some good and reliable tenants.

3. The House is Good Rental Material

If you still don’t know whether you should sell your house or rent it out, just check whether it is a good rental material or not. Besides being in a desired, safe rental market, the house should also have all the wanted amenities. For instance, most renters look for amenities such as big kitchens, new bathrooms, substantial square footage, outdoor area, etc. If your house has all of this, then rent it out. You will certainly be able to find good renters who will be suitable for your house and who will be able to pay a good amount of money for it. 

As you have seen, many signs can help you decide whether to sell your house or rent it out. However, it all depends on you at the end of the day. Look at these signs and evaluate your situation and your house’s condition, but don’t forget to ask yourself what is good for you. 

Meta Description: Wondering whether to sell your house or rent it out? Wonder no more—keep on reading for some expert advice. 

Photos Used: 

https://www.pexels.com/photo/person-holding-silver-key-8293778/

https://www.pexels.com/photo/unfinished-wall-804392/

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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.

Central Park Fredericksburg Virginia 22401 Family Fun Carnival

What other way to kick off the summer then bringing your family to The Family Fun Carnival in Fredericksburg, Virginia? The Carnival will be in town May 27th through June 5th.  Come out and enjoy food and UNLIMITED RIDES! Family and friends are welcome from Monday-Friday: 6 pm ‘till closing and Saturday and Sunday: 3 pm ‘till closing. Come visit the carnival at 1833 Carl D Silver Parkway Fredericksburg 22401! All-day ride wristbands are available as well as individual ticket purchases. The ride tickets and wristbands are sold only inside the event, wristbands, tickets and entry fee are non-refundable. For additonal information or to ask questions visit their website: http://www.amusementpromotionsinc.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 contact Pat Licata.

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

114 independence ave, lake of the woods va 22508

114 Independence St, Lake of the Woods, Virginia 22508 Home for Sale Offered at $289,900 by Licata Group EXP Real Estate Advisors!

Craving space? You’ll love this great house located in amenity rich Lake of the Woods! The house is perfectly situated on a private lot that backs to trees for privacy. The inside delights with a spacious living room, kitchen/dining area (which provides access to deck), and three bedrooms all on the main level. The lower level is where you will find the master bedroom with attached full bath and expansive closet.  If that isn’t enough, the lower level features a family room and laundry! Enjoy sitting on the deck that backs to a private, level yard.

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 volunteering 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 the mid-$100,000s 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 why I love 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.

406 westover waterfront lot for sale in locust grove va 22508

WATERFRONT LOT For Sale in Lake of the Woods, VA! 406 Westover Pkwy For Sale at $85,000 by Licata Group EXP Real Estate LLC!!

Why build your new dream home on an interior lot when you can have private water access on a waterfront lot that accommodates a walk-out basement??? Kayak or canoe right from your backyard onto Keaton’s Lake!!! This beautiful half-acre waterfront lot in amenity-rich Lake of the Woods provides the opportunity to enjoy the 35 acre lake and all that the community offers. Bring your own plans or ask your realtor to view a few of the plans the owner, a custom builder, is happy to construct for you! So let’s get your lake life started! 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 volunteering 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 the mid-$100,000s 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 why I love 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 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.

116 Eagle, Lake of the Woods VA 22508

116 Eagle Ct, Lake of the Woods Virginia 22508 Offered for Sale at $334,900 by Licata Group EXP Real Estate Advisors!

Welcome to your stress-free oasis located on the golf course! If privacy, serenity, and more space from an unfinished basement to make your own, are what you crave, 116 Eagle Court is for you! Situated on the 9th tee box with a fabulous screened porch to take advantage of the views, you’ll be wowed. The screened porch will become your favorite spot to read a book, have dinner, or simply relax. This well-kept three bedroom, two bath rambler offers a stunning cathedral-ceilinged living room with built-ins and a cozy floor-to-ceiling fireplace to warm those chilly nights. The owner’s suite provides an en-suite bath with shower and double sinks. Let your imagination soar with the possibilities provided by the unfinished lower level: design to accommodate your wants and needs whenever the time is right!

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 volunteering 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.

9605 Bonair Dr, Manassas VA 20109 For Sale

9605 Bonair Dr, Manassas Virginia 20109 Home for Sale at $524,900 by Licata Group EXP Real Estate Advisors LLC!

Welcome to 9605 Bonair Drive! If you are looking for a spacious home with a private pool, this is the one! A split-level home, it offers plenty of room to spread out and enjoy easy living. The upper level has gorgeous hardwood floors in the living room and dining room that have been newly polished. The updated kitchen with stainless steel appliances in the kitchen is sure to please the chef.  Entertain your friends and family in the dining room that has access to the backyard oasis! Before we go outside, you must see the primary suite and additional spacious 2 bedrooms. The lower level space is a perfect den with a wood-burning brick fireplace with a bonus/flex space and a 4th bedroom. A half bath and large laundry with walkout to the back yard. Not to miss is the patio that leads to the private pool oasis boasting amazing establishes gardens! This is one house not to miss, and will go fast!

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.

218 yorktown blvd, lake of the woods virginia 22508 home for sale

218 Yorktown Blvd, Lake of the Woods Virginia 22508 UNDER CONTRACT by Licata Group EXP Real Estate Advisors

Fall in love with this quaint, well-kept home in lovely Lake of the Woods! Enter into the cozy family room with gleaming hardwood floors, high ceiling that leads you into the eat-in kitchen with fabulous amounts of cabinets and counter space. The spacious rooms and primary suite will be the perfect retreats and will accommodate the family in comfort. Huge paved driveway with an expansive front porch will welcome you each day. This is one sure to go fast!

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 volunteering 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.

1230 Thomas Jefferson Pl Fredericksburg VA 22405 for sale

1230 Thomas Jefferson Pl, Fredericksburg Virginia 22405 Townhome UNDER CONTRACT by Licata Group EXP Realty LLC!

Welcome to 1230 Thomas Jefferson Place!  A wonderfully maintained corner townhouse is full of bright windows for amazing natural lighting. The very bright kitchen features a bay window and spacious counter space. The living room has access to the quaint, private back deck to enjoy all the birds and wildlife. The upper level homes all three bedrooms and a full bath. Very roomy and quiet retreat spaces. Close to everything in south Stafford or near by little town of Fredericksburg, this well kept home is one not to miss!

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 street gordonsville va

2022 Main Street Entertainment Schedule for Gordonsville, Virginia 22942!

Hidden in Orange County, Virginia is the wonderful, quaint town of Gordonsville! This year for 2022 there will be a variety of fun events being held and welcome for all to join. First Friday Music Series is back, happening the first Friday of the month, from 5:30pm to 8pm at the Town Hall Steps on Main Street in Gordonsville. The Suitables will kick-off the first Friday on June 3rd, followed by Valerie Smith & Liberty Pike Bank on July 1st. August 5th entertainers will be Hard Swimmin’ Fish followed by Cheap Whiskey on September 2nd. Craft soda, ice cream, food and merchant events will be offered and happening at the same time. It’s a great opportunity to enjoy the town and some free music! When summer comes to an end, the music doesn’t have to stop. Saturday, October 8th from 11am-4pm will be the Main Street Market and there will be live music performed by Chicken Head Blues Band. Plan to browse the art and craft vendors, special merchant held events and food trucks! Here comes winter…and here comes Santa to Gordonsville! Saturday, December 10th will be the Holiday Market from 11am to 4pm that will feature all the greatness from previous events (artists, crafts, vendors, food, etc.) plus SANTA! Old Fashioned Carriage Rides are sponsored by the Miller Firm LLC, Orange. To keep up to date on what’s happening in Gordonsville visit their website: mainstreeteventsgordonsville.com for the most accurate information.

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.

1539 Grosbeak, Woodbridge VA home for sale

1539 Grosbeak Ct, Woodbridge Virginia 22191 Home UNDER CONTRACT by Licata Group EXP Real Estate Advisors!

Welcome to the Largest (Amherst model) townhome in Riverside Station with 3408 sqft of living space on 3 fully finished levels with builder upgraded bump outs on all 3 levels. This home has a bright and open floorplan on the main floor with a living room/dining room/kitchen for easy and cozy living. Hardwood floors, 9 ft tray ceilings, and granite countertops are gleaming and appealing. A sunroom with access to the spacious Trex deck/balcony will be the spot, for sun and relaxation. Newly fenced and landscaped rear yard and remodeled lower level theater room. The upper level is home to 3 bedrooms. For quiet privacy, the primary suite has a lovely sitting room to enjoy with a spacious en-suite bath. You will love having the 2 car garage to make life easy in this beautiful, mature, small community with fantastic nature and wildlife trails, parks, and the Occoquan River to enjoy. Yet it is also close to everything and is a commuter’s dream with the ability to walk to the VRE , and 5 mins driving to I95 and the commuter bus terminal. If you are looking for something close to everything, this is the one!

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.