Category Archives: Real Estate Advice

market stats 2020

Lake of the Woods December 2020 Market Statistics


In December, 25 homes sold in Lake of the Woods.
1 sold between $130-199,000;
4 sold between $200-249,000;
8 sold between $249,900-299,000;
8 sold between $300-399,000;
3 sold between $400-599,000;
1 home sold over $1,000,000!

13 Active Listings for Sale
42 Homes Under Contract
315 Homes Sold since January 1, 2020.

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.

Why Homebuyers are Moving to Orange County, VA

If you have to describe it in just a word, many would say that Orange County, VA, is outstanding. It’s a great place to live, work, and enjoy every moment of free time relaxing in nature. In essence, there is beautiful scenery throughout the county, but also many historically rich locations. If you need a place far from the city crowds, you will find plenty of that in Orange County for sure. Far from all the bustle but close enough to benefit from modern amenities. This is why many homebuyers are moving to Orange County, VA, searching for a more quiet life. And when you add affordable costs and low taxes into the combination, it speaks for itself. Today, we will explore some of the most common reasons people are deciding to live in this beautiful area.

Several reasons homebuyers are moving to Orange County, VA

People have different reasons for purchasing a home. While it’s not always an easy decision, financial situation and quality of life are some of the main ones. But, finding the right community where you will enjoy and feel safe without spending a fortune can be challenging. However, this is precisely what many cities and towns in Orange County, VA offer. Overall, there are numerous appealing benefits Orange County can provide to its residents. From the quiet way of life to an excellent education to access to work. These are the reasons why it’s an immensely popular housing market. So, if you have the opportunity, you should seize it.

Discovering Orange County

Many people discover how beautiful Orange County is by mere occasion. Plenty of today’s residents were simple tourists passing by, but once they saw how convenient it is to live here, they decided to relocate.

History lovers enjoy tours through Montpelier and other historically rich locations, while nature enthusiasts come here for the fantastic landscape. And plenty of others just notice how leisure is a lifestyle here. Suddenly, enjoying a quiet country lifestyle while having access to city amenities becomes the idea. And taking a break from all the urban stress and settling into affordable Orange County is becoming a goal. After such discovery, many decide to explore the local estate market.

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Many people are visiting Orange County for its amazing nature.

Wonderful weather

Besides so many things you can do and visit, Orange County has terrific weather. You can enjoy the lakeshore and visit the mountains on the same day. Just make sure you hit the right season since there are four distinctly beautiful seasons here. In January, temperatures are between 25 and 50F, while in July, it can be as high as nearly 90F.

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From water to mountains, you have everything in Orange County.

Orange County geography

Orange County is a relatively leveled county with elevation going between 170 and 1200 feet. Even the highest summits, like Clark Mountain and Merry Mountain, don’t go above those heights. There is also Lake Orange, a preferable destination for those who enjoy the shoreline. This is one of the county’s best places for fishing, camping, and hiking. If you are more into boating, swimming, or waterskiing, you can also visit the northern parts of Lake Anna.

Working in Orange County, VA

History and beautiful nature are not the only conveniences of living in Orange County. Many fine places are within driving distance to large industrial cities. This means buyers are considering living in a calm environment and working nearby. On top of it, you always know all amenities are a short drive away. At the same time, you can find many major employers from agriculture to manufacturing to other sectors hiring here. But that’s not all. Orange County offers a fertile ground for all kinds of startups, so if you are looking to start your own business or expand an existing one, it can be a great opportunity. In addition, its location makes it accessible to major airports and ports, so transportations won’t be a problem.

Small-town atmosphere

The small-town atmosphere is another reason why buyers choose Orange County. Plenty of communities offer a laid back lifestyle in the middle of incredible scenery. These are the places where people mostly know each other and take good care of their neighbors. Each location has numerous gatherings and events where locals can enjoy. From different parks to farmer’s markets, it just adds to the overall atmosphere, making the entire Orange County more enticing. Of course, those who want more privacy can move to more secluded places on the outskirts of towns or mountains. These are the places where they can enjoy the impressive mountain views and fenced pastures like in movies. Just make sure to organize your relocation on time so that movers can take you to your new home in good weather.

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Private ranch-style property is quite common to find.

Education

Homebuyers with kids, or those who plan on having them, show great interest in education. It’s fair to say that Orange County is dedicated to providing high-quality education. It’s constantly working on improving the education system, programs, and facilities, which is one of the main reasons families decide to buy a home and settle down here.

Orange County is an excellent place to spend your retirement in

Orange County also offers plenty of quite popular and quality places for retirees. Not only because of the slow pace of life, or wonderful nature and convenient weather. But also because of excellent healthcare access and affordability. Some of the best locations for retirees are those close to big city amenities and top-level medical facilities. And if you are looking for affordability, Orange County offers some of the best home prices in Virginia, as well as those in senior communities. Just make sure you contact the right agents to help you with information about locations and prices.

If you are a homebuyer who needs to ensure a life in a quiet place far from all the city bustle, Orange County welcomes you. This county offers something for everyone. You can enjoy living in completely private areas far from others, or you can live in friendly communities that care for each other. In most cases, homebuyers are moving to Orange County, VA, for a convenient and affordable lifestyle. With numerous locations that offer everything within a short drive, you can have everything you need.

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com

Pictures:

https://pixabay.com/photos/virginia-orange-county-farm-1432898/

https://pixabay.com/photos/lake-orange-county-water-sky-985226/

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https://pixabay.com/photos/travel-river-new-river-landscape-4391821/

What are Virginia Young Professionals Looking For in a House

Nowadays, Millennials are the fastest-growing generation of consumers in Virginia and the whole of the US. If we look at the statistics, we learn that those born between 1980 and 2000 are tough to sell to. However, one of every three homebuyers is a millennial. And the figure is set to explode in this decade. Therefore, the only thing you really need to know is what Virginia young professionals are looking for in a house if you want to expand your buyer pool and interest them into considering your property. 

In this article, we’ll tell you everything you need to know. Firstly, it’s important to mention that there is more than one approach here. Young professionals are aware that there are many reasons why buying a vacation home in Virginia is a great investment. Therefore, you can try to appeal to those looking for a holiday home. Or, you can stick with people who want to live here full time. 

Whichever way you choose, it shouldn’t be hard to use the information we’re about to give you. So, sit back and learn what you need to concentrate on.

Updated kitchen and bathroom

We all want to buy a house that has a new kitchen and bath fixtures. However, this seems to be much more important for young professionals than anyone else. As the experts explain, these people are budget-conscious buyers, which is why this is crucial to them.

Most of their budget goes toward down payment and furnishing. And with the kitchen and bathroom being the two most expensive parts of the home to update, they don’t want or can’t afford to deal with them.

On the other hand, you need to be careful with remodeling these two features. Unlike a new roof or plumbing, these fixtures are a matter of taste. So, you can’t be sure that the potential buyers will like it. But, if you manage to do something they like, it won’t be long before you need a reliable moving company like Allstate Moving and Storage to relocate you out of your, now sold, house.

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Kitchen and bathroom fixtures should be new when selling to millennials, but try to concentrate on the functionality. Alt tag: A man and a woman in the kitchen talking about what Virginia young professionals are looking for in a house.

Good location

Young buyers have experienced some things that their parents didn’t when they were the same age. And “these things” include high gas prices and high-volume traffic. These are the reasons why they tend to see location a lot differently from their parents. 

In cities, they are looking for places that are in close proximity to public transport and pleasant for walking. However, in rural areas, the priority is on entertainment options. So, it certainly helps that there are many exciting things to do in Orange County, Virginia. Remember that rural areas are usually attractive for buyers with children. Therefore, make sure to stage your house correctly because people looking at it should be able to imagine themselves living there as soon as they walk through the door.

Low maintenance

The next thing on our list of what Virginia young professionals are looking for in a house is low maintenance. What this means is that low-upkeep features like wooden floors and granite countertops are the things that can get you a sale. Anything that is relatively hassle-free and still attractive is always a great bonus with this generation.

Take a look at this example to understand better what we’re on about. You see, when you’re moving locally in Virginia, you always make sure your belongings arrive safely to a new location, right? Well, the younger generation you’re selling to would probably rather dispose of everything they already have and buy new things when they get to a new house. Millennials grew up watching their parents spend weekends repairing things and doing chores, and they want to avoid that at all costs. They don’t want to do that stuff, and you should provide them with that opportunity.

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Wooden floors are much more resistant and easier to clean; that’s why young buyers love them. Alt tag: Dog sitting on the floor.

Home office

According to US Census data, more than 13 million Americans work from home. And if you factor in all the recent developments regarding the COVID-19 outbreak, it’s clear that this number is a bit higher nowadays. Additionally, it seems that the trend of working from home won’t stop any time soon, so it’s clear why having a home office is so important for many buyers.

These rooms have vast appeal. However, it’s also essential to present them in the right way. Most agents will point out that you can use this room as an office or other flex living space, especially if it’s still staged as a bedroom. If you want to give yourself the best chance of selling, read our tips for showing your home to potential buyers. You’ll find lots of good advice in that article.

Energy efficiency

Since energy costs are on the rise, and there’s a growing interest in protecting the environment, young professionals are very often interested in buying green homes. However, the interesting thing is that they’re not alone.

These days both young buyers and buyers in general are at a constant lookout for energy-efficient homes. If the house is not yet set for the energy efficiency they’re after, buyers will usually factor in the cost of conversion. 

On the other hand, it’s important to mention that most buyers still focus on insulation levels, seasonal energy-efficiency, and other factors. So, make sure not to rush with green-washing your home just yet. Explore your local market and find out what kinds of holes you need to fill with your offer.

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Although it’s not first on the list, when you ask yourself what Virginia young professionals are looking for in a house, energy efficiency comes to mind. Alt tag: Solar panels on the roof of a house.

Other important factors

Of course, there are many more things you should think about, so here are some additional assets most millennial buyers are looking for:

  • Technological capabilities. The important things here are the internet and cell service. Forget about landline phones and cable.
  • Proper staging. Many potential buyers watch real estate TV shows, so they’ll expect a higher staging level when they arrive to see a house.

As you can see, when it comes to what Virginia young professionals are looking for in a house, there are quite a few things to consider. Remember that these are bonuses. Ideally, you’ll have them all, but your home still can sell without much trouble, even with just a few features.

Meta: Find out what Virginia young professionals are looking for in a house. Learn how to stage it and which things you should focus on the most.

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com

market stats 2020

Lake of the Woods November 2020 Market Stats

In November, 20 homes sold in Lake of the Woods.
1 sold between $130-200,000;
4 sold between $200-249,000;
4 sold between $249,900-299,000;
9 sold between $300-399,000;
2 sold between $400-599,000;

18 Active Listings for Sale
51 Homes Under Contract
286 Homes Sold since January 1, 2020.

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.

How to Buy an Accessible Home That Accommodates You and Your Home-Based Business

Whether you’re looking to buy a house for aging in place or to accommodate your current accessibility needs, there are so many things to consider as the owner of a home-based business. In addition to looking for a house with wide hallways and doorways, zero-step entrances, and other accessible features, you’ll need plenty of open space for your home office. 

The Licata Group can help you with your search. Here are more tips to buy an accessible home that accommodates you and your home-based business. 

What to Look for in Your New Home

As you prepare to buy an accessible home for living and doing business, an experienced real estate agent will be an incredible asset. Your agent can help you to search for homes that meet your budget, location preferences, and accessibility needs — while also keeping the needs of your business, clients, and employees in mind as well.

Depending on your personal and professional needs, several types of home features to look for include the following:

  • A spacious room with an open floor plan, wide door, lower light switches, and good lighting that can be used for your home office
  • A fully accessible bathroom that’s located near the office
  • Single-story floor plans
  • Non-slip flooring
  • Doors with lever-style handles
  • Ample parking for guests and employees
  • Space for a waiting room that can be used by your guests

If you can’t find a fully accessible home that accommodates the needs of you and your business, you could modify the property later on. MoneyGeek offers some tips on modifying a home for accessibility purposes and paying for the renovations with loans and grants. 

Accessible Home Office Essentials

After buying a home that accommodates you and your business, you’ll need to create an accessible office space. Wheel Chic Home shares some tips on choosing an accessible space for an office and furnishing it with an adjustable desk and chair, shelves, and multiple lighting sources. Some other accessible office essentials may include:

  • Handrails near the desk
  • Monitor stands
  • Phone or tablet tripods
  • Voice-activated power outlets or desktop plug sockets
  • Wireless technologies to reduce tripping hazards

Other Considerations

If buying a new house isn’t the right choice for you and your business, you could modify your existing home for accessibility purposes — or build an accessible office addition. But if you’re just now getting your business up and running, you’ll need to take a few things into consideration before deciding whether to renovate your existing home. 

For starters, you’ll need to check local zoning ordinances to determine whether home-based businesses are permitted in your city or county of residence. And to qualify for the home office deduction at tax time, you’ll need to ensure that your new workspace meets the requirements of the Internal Revenue Service (IRS). 

In addition, you’ll need to choose a business structure for your home-based business. A limited liability company (LLC) is one type of business entity to consider when forming a home-based business as this type of structure offers tax advantages, limited liability, a simple filing process, and greater flexibility in how the business is managed. 

Moreover, there are a few ways to form a limited liability company, including online, by yourself, or with help from an attorney. However, attorney’s fees can be costly, and you’ll need to review local LLC rules and regulations if you plan on filing yourself. For many, filing online with a business formation service can be the simplest, quickest, and cheapest option. 

In Conclusion

As a home-based business owner with accessibility needs, there are so many things to consider when buying a house to accommodate you and your business. But even if you can’t find an accessible home that has everything you want or need, try not to be discouraged. You can always make a few accessible home modifications in the future!

Are you looking to buy an accessible home that meets your personal and professional needs? Contact The Licata Group to begin your search for the perfect home! 540-388-2541

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com

Home Maintenance Checklist for Every Season

One may consider home maintenance as a regular health checkup. The result is the same. Year-round upkeep is vital as it protects the home, just like it protects its inhabitants. Although the tasks involved will differ depending on the climate, one thing is mutual to all. A properly maintained home requires moderate time, effort, financial investment, and – a home maintenance checklist. The last thing any homeowner should be is careless or indifferent.

A seasonal maintenance checklist makes tasks manageable.

Apart from building materials used and installed systems, home-keeping responsibilities also depend on location and weather conditions throughout the year. Hence, if you own a lakefront property, upkeep tasks will vary from the tasks necessary to maintain a home in an arid or cold climate. When you add the factors specific for different seasons, home maintenance may seem a little bit like science.

Every season provides a range of assignments to dedicated homeowners. However, the process of housekeeping becomes a lot easier with a monthly or seasonal checklist. Take note: if you don’t feel up to the task (any task), don’t hesitate to call a professional to help you out. Otherwise, you risk injuries and damage to your property.

Fall home maintenance checklist

Winter is coming and with it several essential fall maintenance duties. If you have a backyard, this is the perfect time to rake the leaves and then reseed your lawn. Afterward, you may plant bulbs, shrubs, trees, and perennials. Just make sure you provide your newly planted garden with plenty of water. Once you finish with watering, empty the hose and clean your gardening tools. Should you need to store away your tools and other seasonal belongings, Best Cross Country Movers database will help you find a reliable storage facility close by.

Always be on the lookout for frozen pipes.

Fall is also the time to service your heating, ventilation, and air conditioning system. Respective professionals will check the thermostats and radiators, ductwork and valves, vents, and chimneys. However, with the first strong winds, you can check the home for the draft and plug any cracks and holes. Insulate your doors and windows, and you will enjoy winter in a warm and cozy home and save on heating bills.

Home upkeep in the winter

If you live in a cold climate with plenty of snow in the wintertime, ready your snowblower. Before the first use, make sure it is in good working condition. Also, don’t forget to stock up on motor oil and gasoline as well as on fuel for heating. Furthermore, inspect your home from the (below) ground up. Leaks in your basement can occur during thaws and cause significant water damage. If you have a water heater, make sure there aren’t any pressure issues or leaks, too.

Check your roof and gutters, especially after snowstorms. Be prepared to deal with ice dams as this ice build-up can not only seriously damage your roof but also let water in and damage the interior of walls. If you plan to work from home during winter and require additional space, think about having your garage updated or repurposed before the holidays. In case all you have to do is reorganize storage and clean the area, the slow winter season is when you should do it. Finally, as the holidays are approaching, check your electric installations, and make sure they can support all of your decorations on time.

Spring: time to inspect everything

Come spring, you might feel overwhelmed with all the tasks ahead, but there is time for everything. Spring is ideal for getting your outdoor spaces ready for summer, decluttering, and thoroughly cleaning your home. However, you should inspect your house first for any signs of damage that may have occurred during winter. No matter how small the cracks you notice during your home inspections, make sure you fix them in the early stage. Harsh weather will affect the roof and gutters, chimney, facade, driveway, and walkways.

As it becomes warmer, make sure an inspection and servicing of your HVAC system are on your home maintenance checklist.

If you live in a flood zone, check if your sump pump is in proper condition. Spring is also the time to get your pool ready for the upcoming summer season. Clean it, examine the valves, replace filters, or call the experts to handle it all. Once again, check the pipes inside your home, walls, and ceilings. Also, address even the smallest signs of water damage, and check faucets for leaks. Whenever the weather allows, spend time in your garden. Check the trees for any dead branches, trim the shrubs, reseed the empty patches in your newly grown lawn, and get your lawnmower ready. Inspect your sprinklers, too.

Summer is (not) the time to rest.

Whether you need to deal with scratched hardwood floors, porch, or repaint the house, summer is the right season. Long warm days will help dry the varnish or paint faster. Once the spring is over, it is time to oil the hinges in the house and garage door chain. If you have a backyard, set up your sprinklers. Regularly trim your lawn and shrubs and clean your pool from algae, leaves, and debris.

Regularly mow your lawn in the summer.

While it is a monthly maintenance task, cleaning your A/C filters is highly important during summer, especially if you spend a lot of time at home with the system on. Hot summer is also the time to be on the lookout for pest infestation. Consider asking a pest control company for a home inspection and resolve any bug or pest infestation issues at an early stage. The summer season is also a home remodeling period, but it also means that the costs are higher. Consider scheduling your home renovation with a contractor for the fall and split it into easily manageable tasks. This way, you won’t depend on the weather too much.

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com

Photos sourced from:

https://pixabay.com/photos/lawn-mower-lawn-mowing-rush-mow-2127637/

https://pixabay.com/photos/plumbing-plumber-pipe-galvanized-1433606/

https://pixabay.com/photos/electrician-electric-electricity-2755683/

https://pixabay.com/photos/architect-building-joy-planning-1080589/

market stats 2020

October 2020 Lake of the Woods Real Estate Stats

In October, 24 homes sold in Lake of the Woods.
1 sold between $130-200,000;
4 sold between $200-249,000;
6 sold between $249,900-299,000;
9 sold between $300-399,000;
2 sold between $400-599,000;
1 sold between $500-699,000;
1 sold over $700,000+

27 Active Listings for Sale
51 Homes Under Contract
264 Homes Sold since January 1, 2020.

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.

New Home vs Resale – Which is Right For You

After contacting The Licata Group, you’ve probably realized the number of options buyers have in today’s market. The most obvious choice you’ll need to make is the one between new home vs resale home. Being able to choose the floor plan and design options has its perks. On the other hand, comfortable neighborhoods and historic houses with wide front porches appeal to some home buyers. To help you decide which type of home is right for you, here are some of the important factors you need to consider.

New home vs resale- it’s not only about your preferences

Owning a house where other people have lived is something many people want to avoid. However, new constructions might lack the charm of resale homes and stories that they tell. However, you need to remember that buying a home is not only about preferences. As both options have their advantages and disadvantages, let’s explore the practical aspects of buying and owning either of them.

Reselling or living in a resale home

The question here is whether buying a resale home is a wise investment or not. First of all, you’ll spend less money on a resale property than on a new house. As a result, don’t expect to get a large profit when you decide to sell your resale house. So hold onto it for some time, and then resell it. But, if you plan to buy and live in a resale home, it’s probably an excellent investment decision, provided that it meets other factors as well.

The price of your house

New houses come with a high price, compared to pre-owned homes. And resale homes don’t need to be that old; they can be less than 7 or 8 years old. If you find a relatively young home at a decent price, then you might be getting the best value for your money. And with the rest of your budget, you can have your belongings transferred from one of the surrounding states. Maybe it’s time to provide yourself and your items with a moving experience you know you deserve. 

However, keep in mind that while new homes usually cost more than 20 percent more than resale homes, the latter might come with a potential downside. While they are initially less expensive, they might be more costly in terms of utilities and maintenance.

Are resale homes sustainable?

If you’re buying a newly-constructed house, you can expect it to match the modern-day sustainable construction standards. While pre-owned houses might not have been built by these standards. Insulation, the quality of bricks, natural lightning, and other factors affect the price of utilities and maintenance costs. That’s not to say that you can’t use modifications and fixtures to bring an older home up to the mentioned standards. However, you’ll need to determine the budget and set aside the extra amount of money for this purpose.

A home and light coming through the window.

Appliances

Some building companies include refrigerators, dishwashers, and similar new appliances when building a new house. In case these are not already included in the price of your new home, you might still be able to roll this cost into your mortgage. Alternately, pre-owned homes might come with outdated appliances that you’ll need to replace.

Design and floorplan choices

If you’re building a new home, you get to choose not only the colors but also floorplans and design. While you can deal with the intense colors in the pre-owned homes by repainting, floorplans and other design changes require extensive renovations. Also, changing flooring, cabinetry, or even carpeting, can be expensive. Unless your budget can support this kind of work, you’ll have to accept your resale home as it is.

A couple repainting.

Storage space

New homes usually come with floor plans designed to fit all of your belongings. Some of the convenient features include cabinets with pull-out shelves, garage space options, and walk-in closets. Older models of resale homes might have limited storage space. One way to solve this problem is to contact Excalibur Moving and Storage and inquire about the storage options. Another way to deal with this is to renovate the house and remodel it to suit your needs.

A couple hanging a picture in their new home.

Pre-owned homes are eligible for home loans

You shouldn’t forget that banks also offer loans for resale houses. However, the bank will need to conduct the technical verification of the property to ascertain the condition of the home. Know that bank will not lend more than the property value stated in the sale deed. And the loan component will depend on the policy of the bank and the age of the house.

Verifying pending payments

First-home buyers might forget to do all the necessary verifications. It’s essential to check for pending payments and taxes for the pre-owned property. Ensuring that there are no dues or unpaid bills on the property will save you from a lot of potential trouble in the future.

Legal documents

You’ll need to thoroughly verify the legal documents when buying a pre-owned home that’s older than 20 years. Also, the property must have clear titles. You need to obtain the sale deed, purchase agreement, a copy of the builder buyer agreement, as well as no objection certificate. Documents that prove the ownership of previous owners are also required.When choosing between new homes vs resale homes, it’s not hard to notice the pros and cons to both. Important aspects to keep in mind, for starters, are the costs of your home. However, think about the big picture,  benefits or expenses you’ll have to face both in the future and now. That’s how you’ll be able to make an informed decision. If you have found the right home for you, it’ll be much easier to settle down in a new city. Good luck with your search!

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com

Photos Used:

https://www.pexels.com/photo/happy-young-couple-doing-purchase-on-internet-together-at-home-3767397/

https://unsplash.com/photos/cqAX2wlK-Yw

https://unsplash.com/photos/deX-KChuboY

https://unsplash.com/photos/MfJ9g64-WxQ

Helpful Tips For Showing Your Home to Potential Buyers

Buying a house is a significant endeavor, but selling one is also a considerable process. Everything from new real estate trends to knowing if you should hire an agent or not can have an impact on your sale. Another point to keep in mind is that presentation matters. To make the best possible impression, check out these tips for showing your home to potential buyers.

Real estate showing

A real estate showing is an opportunity to show the buyers the strengths of your property. For a buyer, it is one of the crucial moments upon which they will base their final decision. With this in mind, it’s easy to see why sight-unseen sales are so rare. Buyers will come to look around your property, and you need to make an effort to show them why they should buy it. If you present your home in the best light, it’ll be easier for buyers to imagine themselves living there, and this is sometimes all that matters. Since these sales are significant and should be based on logic, sometimes a feeling or a hunch can push the buyer in a particular direction.

Ensure that you’re aware of the experience that your potential buyers are going through as soon as they enter your home. Follow these tips to make their experience more memorable.

A living room.
This is the right time to make an impression.

Small renovations

Should you renovate your home, or should you sell it as is? This is a common question people ask themselves when selling their home. They don’t want to go through a home renovation project if it doesn’t pay off, and that’s something everyone can understand. However, keep in mind that sometimes you don’t have to do a major renovation to make a big difference. Before you start, create a step by step plan and stick to it. This will help you not spend more on your renovations than you’ve initially planned.

Touch-ups and repainting

If you have carpet flooring in your home, you don’t have to swap it for hardwood. However, as the carpets are likely to show signs of aging, you can shampoo or change them. Repainting will also freshen up your home, and it’s not too big of an investment. Bold color choices are not the best option here, as not everyone likes them. Even with neutral colors, one, two, or three colors are more than enough for the entire home.

Another good thing to do is to replace old fixtures. Door handles and light switches are inexpensive but can make a big difference. And while you don’t pay attention to these details anymore, be sure that most potential buyers will.

Take care of the exterior

The lawn is one of the first things the buyers notice when they enter your property. Ensure your lawn is well manicured and that the exterior will not contradict the experience the buyers will have inside your home. This means that your front porch or stoop should be clean, as well as the walkway. If you have some plants or flowers, they show that you regularly take care of them. You can use fertilizer to revive a tired lawn, and if bushes need some cutting, take care of that before you start showing your house.

Manicured lawn and a house.
The exterior is just as important.

Clean your house

You might’ve come to realize that a ‘clean house’ is not the same for everyone. If you’re not hiring a professional cleaning company, ensure that your home is clean, even for a germaphobe’s standards. Viewing a messy and dirty home leaves a terrible impression, even though it’s not too hard to clean a house after buying. Knowing its importance, you should make sure that your home is in tip-top share for as long as it’s on the market. This means that you’ll have to clean it even in-between showings. Even more so, having in mind that it’s not a good idea to ask potential buyers to take their shoes off at the door.

Clear the clutter

Remove any unnecessary items to create a minimalist look. You want your home to look larger and to be easy to walk through. This means that it’s better to remove any personal items, like photos, mementos, or valuables. But, having in mind that you probably still haven’t contacted the professionals found at Verified Movers to transport your belongings, it can be hard finding the right place for them at this point. You can put these extra items in bins and assign each room or a family member a container. But, be careful about valuables and ensure they’re somewhere safe.

Tuck away cords and remove unnecessary decorative elements. If an item is in sight, make sure it serves a purpose. Pillowcases, artwork, or candles can emphasize a particular part of a room and remove focus from other areas. With this in mind, use these tricks wisely and sparingly.

A well-lit bedroom.
A well-lit space looks more inviting.

Comfortable temperature

Make sure that the temperature in your home is at an optimal level so that you can create a welcoming atmosphere. An airless environment on a hot day or a cold house on a cold day will make the buyers uncomfortable. It will also leave them wondering if the cooling or heating systems are working, no matter what you say.

It doesn’t end with showing your home to potential buyers

It’s good to prepare for the process of showing your house to potential buyers. However, keep in mind that it doesn’t end here, especially if you have multiple offers. Knowing how to handle getting multiple offers on your home is also part of this process. It’s good to know what details you should consider to make a favorable decision and choose the right offer.

Saying goodbye

There is no reason not to say goodbye the right way. You can put a small note thanking buyers for coming and put it in a candy bowl on their way out. If a buyer needs time to evaluate and think, don’t follow them and describe additional amenities or features.

Thank you notes and cookies, a way to say goodbye after showing your home to potential buyers.
A thank you note is a good way to say goodbye.

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com

Photos used: 

https://www.pexels.com/photo/brown-wooden-center-table-584399/

https://www.pexels.com/photo/apartment-bed-bedroom-comfort-545034/

https://www.pexels.com/photo/architecture-clouds-daylight-driveway-259588/

https://www.pexels.com/photo/thank-you-text-2072168/

8 Resources for Home Sellers: How to Quickly and Safely List Your Home Amid COVID-19

With mortgage interest rates hitting record lows, homebuyer demand remains strong — even in the midst of a global pandemic. And if you’re ready to take advantage of this situation by listing your home in the near future, there are some steps you can take to do it as quickly and safely as possible. Check out the eight resources below for some tips on finding an experienced listing agent, preparing your home for the housing market, and staying safe and healthy while showing your home to buyers amid COVID-19. 

  1. List Your Home with The Licata Group
  2. 10 Secrets to Selling Your Home Faster 
  3. How to Prepare for Home Services During COVID-19
  4. 15 DIY Curb Appeal Ideas That Will Help You Sell Your Home
  5. The Most Important Repairs to Make Before Selling Your House 
  6. Selling Your House? Here’s How to Prepare Your Home for a Virtual Tour 
  7. Open House Precautions to Take During the COVID-19 Outbreak 
  8. Cleaning Tips to Keep Your Home Free of Coronavirus

As you get ready to list your house, you’ll need to spend some time making a few home repairs and improvements — as doing so will help you to sell your home much more quickly. However, an experienced real estate agent can help you to determine which upgrades are worth completing — while also walking you through the entire process of selling your home in the age of the coronavirus. With these helpful resources and a great listing agent at your disposal, you’ll sell your home as quickly and safely as you possibly can.  

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com