Are you ready for the first concert of the season??? New to Lake of the Woods, The Unsuitables will be kicking off the Concerts on the Point series on Friday, May 27th! The Unsuitables, formed about eight years ago, will begin at 7pm and play tunes from the Temptations to Santana to the Beatles until approximately 9:30pm. The Lake of the Woods Lions Club will be acting as “hospitality committee” at the concert, and hosting a fundraiser. Why not have dinner at the Clubhouse before or during the concert on the deck? Want to bring your own meal? That’s perfect, as well! So bring a chair, your dancing shoes, and enjoy the music with your fellow LOW residents! The concerts are always a great way to spend the evening! The concerts are proudly sponsored by Lakeside Title, Lake of the Woods Marine, Locust Grove Vet Clinic, Design Craft Homes, Inspired Electrical, Locust Grove Ace Hardware, JK Carpets, and The Licata Group EXP Realty LLC. Here’s a list of upcoming concerts: June 24: Dejavu with LOW Lioness Club as hospitality committee July 22: Unchained with LOW Fire & Rescue as hospitality committee August 26: Reunion Band with FLOW (Friends of Lake of the woods) as hospitality committee
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.
Did you know that the local parks and recreation for each nearby county have some outstanding and fun resources for their residents and visitors? There’s always something to do in Virginia and the parks and recreation centers make it easy to find kid-friendly activities to do almost every weekend! From concerts, mother/son, daddy/daughter dances, to picnics and fishing contests, the parks & rec make it easy and exciting to get out of the house and onto a new adventure. These are experiences that produce core memories and are fun for all! Visit Fredericksburg Parks, Recreation and Events for more information on their past and upcoming events. Visit Culpeper County Parks and Recreation Activity Search for their upcoming events! Last, but certainly not least be sure to visit our very own Orange County Parks and Recreation website for their upcoming activities. Not all events are hosted by their respective parks & recreation centers, you can also continue to explore the county websites for events hosted by the local Chamber and businesses in the area!
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.
Welcome to 107 Meadowview Lane! This beautiful rambler has plenty of space and is filled with light. It features gleaming hardwood floors, skylights, a gas fireplace, spacious rooms, a screened in porch and adjoining deck, and a large back yard for you to enjoy as well as the perfect split layout. Flex space off the primary bedroom is a bonus if you are looking for a home office. Book your tour today as this desirable, spacious, turn-key home will go quickly!
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.
Perfect downtown location across from Old Mill Park. Just over a mile down the road to the commuter rail, across the street from the Fredericksburg Foot Trail. This charming home is looking for new owners, fenced in rear yard, driveway and street side parking are available.
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.
We love all the seasons of the lake and we love our community members! We combined both by creating a fun contest to showcase all of the beautiful seasons the lake has to offer. What does this entail? We are asking members to submit their top 2 favorite photos (they’ve taken themselves-please, don’t steal/borrow photos!) of or around the Lake of the Woods community for each season. The Licata Group (EXP REALTY) team will select the top 3 best entries for each season and these finalists will have their photographs posted on Facebook for Public Selection of the Final Season Winners. Season winners will receive a gift card. Entries must be submitted by December 31, 2022. You can choose to participate in ALL 4 Seasons, a few seasons or just one! However, there is a 2 photo max limit per person, per season. Interested in participating?? Submit your entry here!! Invite your friends and neighbors, they can visit licata-group.com to join too!
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.
1 sold below $250,000.00 3 sold between $250,000-299,999; 5 sold between $300-349,999; 6 sold between $350,000-399,999; 4 sold between $400-499,999; 5 sold between $500,000-$999,999; 0 sold over $1,000,000.
25 Active/Coming Soon Listings for Sale 39 Homes Under Contract 85 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 contact Pat Licata
The CARES Act kept homeowners in their homes with mortgage forbearance
There’s plenty of options to help homeowners transition to repayment
No one needs to face foreclosure – contact us today to discuss your options!
Mortgage forbearance helped homeowners
With the dust of COVID-19 settled, that means the resumption of mortgage payments for many Americans. And in a post-forbearance real estate market, it may be challenging to know the correct next step after the last couple of years. But the good news is that there’s no bad news! The CARES Act enacted by Congress allowed homeowners to postpone their monthly mortgage payments. This policy worked, because evictions have not been as severe as many feared, and the calamity of the 2008 housing market is not going to repeat itself in 2022.
The Mortgage Bankers Association estimates that approximately 525,000 homeowners are still in forbearance plans. If you are one of those homeowners moving into a post-forbearance future, there’s no reason to panic: plenty of help is available. Let’s look at the different post-forbearance options and determine which one best suits your needs.
The CARES Act changed the mortgage landscape
When the pandemic struck in early 2020, rumors of the 2008 housing crisis repeating itself soon infused nearly every real estate conversation. Understandably, homeowners have been nervous about repeating history, with fears of eviction and potential homelessness genuinely gripping many Americans. However, contrary to the Great Recession, homeowners have been better protected against the uncertainties of the Covid-19 pandemic.
When Congress declared that homeowners could postpone their mortgage payments for 18 months with no penalty (known as forbearance), this singular act of Congress truly benefited the American homeowner. Additionally, many servicers of mortgages not backed by the federal government voluntarily did the same. And with substantially more equity in their homes than they had at the start of the Great Recession, plus the ability to refinance at historic lows during the pandemic, homeowners were in better financial shape to weather the storm.
Understanding your mortgage forbearance repayment options
Thankfully you’ve got plenty of helpful options as you move out of forbearance and resume your monthly mortgage payments. Here are five options to restart your mortgage payments:
A Reinstatement means paying the total forbearance amount all at once. Remember, this is only one option to discuss with your mortgage lender. You do not have to take this option.
A RepaymentPlan allows you to bring your mortgage current over some time (up to 12 months). A repayment plan is an agreement that will enable you to repay the forbearance amount on your mortgage by making additional monthly payments and your regular monthly mortgage payments.
A COVID-19 Payment Deferral allows you to bring your mortgage current by delaying repayment of forbearance amounts without changing other mortgage terms. This option may be available if you cannot afford a reinstatement or repayment plan. You will not be charged interest on the forbearance amounts. However, all sums will be due if and when the property sells.
A Loan Modification permanently changes the terms of your actual loan. Some common examples are changes to your interest rate or loan term. But, surprisingly, and in another historic move to ensure the stabilization of the housing market, the Federal Housing Administration (FHA) announced in April of 2022 that homebuyers would be able to select a 40-year mortgage for the first time.
A Loan Refinance is perhaps one of the more traditional options, and even if you have resolved or are resolving your forbearance plan, you may be eligible to refinance your loan.
Forbearance doesn’t stop you from selling your home
The COVID-19 pandemic produced challenges that impacted homeowners’ ability to make timely mortgage payments. Thankfully, taking advantage of the forbearance doesn’t stop you from selling your home, even if you haven’t restarted payments yet. If you can no longer afford your mortgage, but you’ve built up enough equity in your home, one option is to sell it and use the proceeds to help pay off your mortgage and any missed payments during forbearance.
Make an Informed Decision
With more financing options available today than ever before, there’s no reason to worry about mortgage repayment. Contact us today to find out the true value of your home. Then, you’ll be informed and can make a sound financial decision about what type of mortgage is right for you.
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.
Join us Sunday, May 1st, 2022 between 11:30am – 1:30pm for a unique open house event: a brunch ‘n browse. While visiting our 4 Licata Group open houses there will be a brunch items at each home for visitors and guests to enjoy! Be sure to stop at each home!
Learn more about the Lake of the Woods Community, here!
See you Sunday!
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.
103 Spotswood Rd, a bright, open concept home offering approx 3800 finished square feet, awaits! As you enter, you’ll immediately notice the great room and hardwood floors throughout this well-kept home. You will want to linger in the dramatic living room with a high ceiling and cozy fireplace. The spacious eat-in kitchen is sure to be a favorite gathering space, with a bright and airy feel offering access to the screened in porch. The main level primary bedroom & en-suite bath will be the perfect place to retreat for peace & quiet in this split bedroom floorplan. What is not to miss is the huge fully finished lower level! With a massive family room, two additional bedrooms (one ntc) and a full bathroom, your family & guests will have all the desired privacy. Two expansive, finished storage areas are also found in the amazing walk-out basement. A short walk to Spotswood Park after dinner on those perfect weather days makes this location a treat! Imagine the possibilities in this lovely home!
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.
Force of habit is a powerful thing, especially when it comes to settling in a property. As you are a human being, it’s to be expected you’re attached to the piece of earth you’ve lived on for so long. But, the time comes when it’s just better to leave your nest and find a new one. How do you know for sure? Here are seven clear signs it’s time to sell your house.
1# No more room for your children
Your little ones are the most valuable thing you have. Normally, you want the best of the best for them. Sometimes, in the buying process, people overlook the number of children they want to have or have financial struggles during the time. It’s all fun and games while your kids are younger and don’t require much space. But, when puberty hits, every one of their personalities becomes way too big for the shared space. You might look forward to the wine festival on Mother’s day way more than you should simply because of all that stress a cramped up house brings. So, it’s best (for everyone’s mental health especially) to start looking for a bigger space with more rooms. Four walls (painted black during an emo phase) will contain the chaotic hormonal storm at least a little bit.
Teenage anger spreads like wildfire in a tiny space. If you feel like it’s affecting you too – it’s time to upsize.
2# There are no great schools nearby
The second thing related to children is the choice of a school for them. It’s also an important indicator you should consider selling and moving to a different neighborhood or even city. Education is crucial for your kids’ future, and it’s to be expected to be your top priority. According to the experience of expert movers at beltwaymovers.com, many young couples overlook the schooling system factors when buying a house, and that’s why they end up selling their property after a few years down the line. If the schools in your neighborhood don’t meet the standards and your wishes for your kid, it’s probably time to move.
3# Your home starts to give you itchy feet
Once the phrase ‘home, sweet home’ doesn’t apply to your house, it’s time to move on to something different. Your house should be the place where you feel relaxed and at ease. A place where you look forward to coming back to after a tough day at work. If the time comes that you start feeling contained and not tucked away between your four walls, it’s time to flee.
‘Oh that gorgeous house downtown’
When you start looking at other houses, it’s a sign that something’s not quite right with your own. Maybe you didn’t have the money for your dream house at the time of buying. Perhaps you’re retired, your kids are living their lives, and now you want to watch cherry blossoms in spring and do gardening in a lovely little purple house. Possibly, you just want an upgrade. These are all positive signs that you should consider a change of residence.
Not many things make you feel as alive as watching cherries bloom
4# If the renovation won’t help – it’s time to sell your house
When you attach many memories to a living space, you will indeed look for a way to renovate it to fit your needs before even thinking of selling. But, when you think about renovations, all you do is end up with a long list of chores and tasks. When deciding whether to renovate or sell, there are three crucial questions to ask yourself.
What will better fit your budget?
Will renovating fix the issue for good or just temporary?
Is it even possible to renovate?
Some old houses could be so fragile that renovation would just ruin them. Also, if you start adding walls to the list of things you want to tear down – it may be best to start looking for the new ones.
5# You don’t ‘feel’ the neighborhood anymore
People change. Maybe you’ve changed drastically. Or your neighbors did. Or, there’s been a significant makeover of your neighborhood – they built a mall or tore down your favorite bakery. Whatever the reason, you don’t feel as welcome and at peace in your area. It’s pretty stressful to feel you don’t fit in. If you feel like you don’t fit in, it’s best to find a new property, call local movers in Virginia to help you pack your stuff, and reach your new home stress-free. You don’t have to move across the globe to experience that much-needed change – you can simply move across the city. The mere desire to do so is undoubtedly one of the signs it’s time to sell your house.
6# It’s the perfect time in real estate
Since the pandemic, there’s been an increasingly positive shift in the real estate market around the US. The local market in Lake of the Woods is no different. If a sale has even crossed your mind in the past, you might want to seriously consider taking advantage of the ‘housing bubble’ before it bursts. It might be a good idea to have an appointment with a real estate agent, in any case, just to be fully educated and aware of your options.
A meeting with a real estate agent can help you solve uncertainties
7# You’re just ready
Every individual will sometimes feel like they are at a crossroads, urging them to look into new homes. It doesn’t have to be brought on by an extraordinary and tumultuous event. The key is to feel emotionally and psychologically prepared to leave the old memories behind and sail into making new ones. There’s nothing wrong with that. You and your family evolve, and it’s sometimes just the time to part ways with the house that holds your past. It’s not a solid and visible indicator. But, a hunch, a feeling, and an instinct are among the vital signs it’s time to sell your house and go on new adventures.
Bottom line
It’s never easy to decide to leave your old habits and living space. Some things will undoubtedly have to change. But, don’t be afraid – change is not a bad thing. If you can identify with some of these signs it’s time to sell your house, then you know what to do – search for your perfect home.