Category Archives: The Licata Group

Open House On Saturday, 3/6/2021 From 1:00 PM – 4:00 PM in Fairfax, VA!

Join us this Saturday, 3/6/2021, as we show off this beautiful home in Fairfax! Face masks will be required to enter, and social distancing is highly recommended. For more information about the home, click the link below!

3209 Traveler Street, Fairfax, VA Priced at $699,999

 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

Take These Steps on the Path to Homeownership

Homeownership is undisputedly the Great American Dream. There is a good reason for that, especially as interest rates have dropped. And while the pandemic has changed the landscape of buying a home, with patience and the help of great real estate professionals like The Licata Group, you can make this a reality. If you’ve never walked this path before, there are a few steps you can take to help your dream come true. 

Step 1: Check Your Credit Score

Your credit score is a number that gives lenders a good idea of whether you’re financially responsible. Ideally, you’ll have a score of 720 or higher. You may be able to get a loan with a credit score of 580, but the higher your credit score, the lower your interest rate. It’s always a good idea to know what’s hiding on your credit report before you contact the lender.

Step 2: Know What You Can Afford

Knowing your credit score is only part of the puzzle. You also have to figure out how much you can reasonably afford for your mortgage. According to the Consumer Financial Protection Bureau, most lenders will also consider your debt-to-income ratio (DTI). Generally speaking, you are more likely to repay your loan if your DTI is 43 percent or less. Your credit score and DTI may also determine which types of loans you are eligible to receive. 

If you have very little credit, as many homebuyers do, you might want to consider an FHA loan. Often, you can put less money down and still walk away with a reasonable monthly payment. If your goal is the lowest mortgage possible, plan to put 20 percent down and stick to a 30-year loan. Fifteen- and 20-year loans are also available, and they can help you pay your house off faster, but they’ll cost more money each month.

Step 3: Find the Right Realtor

If you haven’t already, it’s time to start shopping for a reliable real estate agent. This is the person who will represent your best interests throughout the home-buying process. While it is technically possible to buy a house without this kind of assistance, keep in mind that a buyer’s agent does not charge you. Instead, barring a few exceptions, their time and expertise are compensated by the commission offered by the seller.

Step 4: Begin Your Search

Now that you have a handle on money, you can start your home search. First, determine how much home you actually need. Plan for the future and look for a home that will provide enough room to accommodate your lifestyle and space needs for the next five to 10 years. This is where the affordability factor comes into play, and your realtor will be able to steer you in the right direction. Note that on average, homes in Lake of the Woods currently sell for $335,000.

Step 5: Found It! Make an Offer 

When you think you have found the perfect house, put your game face on and make an offer. Depending on your local climate, you may want to offer close to the asking price – your agent can help you make that determination. Keep in mind, however, that even after they accept the offer, things may change depending on the home inspection and appraisal.

In a normal scenario, when your offer is accepted, things will move quickly, usually between four and six weeks. However, the pandemic could have an effect on how long you wait to close. Regardless, during this time, you’ll be contacted by your lender for additional information, and you will be in close contact with your agent. If everything goes off without a hitch, you’ll find yourself sitting at the title company on closing day, holding the keys to the next chapter of your journey.

 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

Image via Pexels

Breathtaking Home For Sale in Fairfax, VA! 3209 Traveler Street Offered at $699,999

Welcome to 3209 Traveler Street, in the middle of everything yet in its own wooded enclave you find Mosby Woods. A 60’s planned community that thrives today as a wonderful established neighborhood. You will fall in love with all the updates and fine finishes this beautiful home boasts. Full of charm the living room is generous, stunning and features a fireplace. Kitchen is updated with granite counter tops and dining area as well as a formal dining room. The classic owner’s suite with en-suite bath is updated and inviting. A finished lower level offering another family room and flex space to use as an office, classroom or craft room is sure to please.

Enjoy the expansive deck to relax, entertain and enjoy the privacy of your own backyard oasis. Close to great schools and George Mason University, ten minutes to Fair Oaks Shopping, Tysons Galleria, Vienna Metro, Army Navy Golf Club and easy access to I66 and all major highways. Did we say NO HOA??? Yes, and with no HOA dues in the heart of Fairfax it makes Mosby Woods uniquely appealing. A large community pool and clubhouse is right inside the neighborhood which you can join for an annual fee. Activities abound and Dale Lestina Park offers walking trails and playgrounds in a wooded 8 acre setting. For more information on 3209 Traveler Street, Click Here!

 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

LOT For Sale in Lake of the Woods, VA! 208 Edgemont Lane Offered at $50,000

Build your dream home here on this incredible half-acre + lot backing to parkland! If you are looking for privacy on a sought-after larger lot, this is it!

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, waterskiing, 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 $100,000 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 why I love Lake of the Woods! For more information on 208 Edgemont Lane, Click Here!

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

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

LOT For Sale in Lake of the Woods, VA! 117 Butler Circle Offered at $65,000

Welcome to 117 Butler Circle… a fabulous lot located near the back gate, on which to build your perfect home in the sought after Lake of the Woods! Mature trees and almost an acre make this the one! So get your lake life started by building your perfect place at the lake on one of the few remaining lots! For more information on 117 butler Circle, Click Here!

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

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

monthly stats

February 2021 Lake of the Woods Monthly Market Statistics

In February, 20 homes sold in Lake of the Woods.
0 sold between $130-199,999;
4 sold between $200-249,999;
6 sold between $250,000-299,999;
5 sold between $300-349,999;
2 sold between $350,000-399,999;
2 sold between $400-599,999;
1 home sold over $600,000.

14 Active Listings for Sale
63 Homes Under Contract
40 Homes Sold since January 1, 2021.

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

Investment Home For Sale in Lake of the Woods, VA! 222 Spotswood Road Now UNDER CONTRACT!!

Welcome to 222 Spotswood Road, close to the main gate and backing to Spotswood Park. This is the perfect fixer upper! This gem will need a new roof and several repairs. Property being sold “AS-IS” and no repairs will be made by the seller. This home will require an FHA 203K loan or cash. Inspections will be paid by the buyer and the utilities are on. For more information on 222 Spotswood Road, Click Here!

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

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

Luxury Home For Sale in Sought-After Gated Community Fawn Lake, VA! 10816 Pinnacle Drive Offered at $749,900

Welcome to 10816 Pinnacle Drive, which features a transitional floor plan, over 5600 square feet of finished living space, and water views. You will be wowed by what this home offers: two-story foyer, generous sized rooms, custom moldings, fabulous bar in the lower level and amazing patio. This home allows for flexibility for any lifestyle. The kitchen is the heart of the home with a gourmet layout and expansive island with breakfast bar and dining area. The main level owner’s suite is expansive, and the en-suite bath is beautifully finished with double vanity, soaking tub and glass oversized shower. Several flex spaces that will make working from home or homeschooling a breeze. Fawn Lake is an elegant, gated community with a 288-acre lake boasting seven miles of wooded shoreline. Enjoy the Clubhouse, swimming, tennis, golf, the country club, and an Arnold Palmer golf course and so much more. For more information on 10816 Pinnacle Drive, Click Here!

 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

Feeling Lucky? Pop-by Our Office For A Free Scratch-Off Ticket!

Pop-by our Licata Group Office Tues, Wed, or Thurs March 16-18th between 9am-5pm for a free scratch-off ticket, & your chance to win BIG in our GRAND-PRIZE Raffle!

No purchase is necessary, and you must be 18+ to participate. Limited quantities are available, with a limit of one scratcher per household.

Ask us for a way to become registered for the grand-prize!

 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

St. Patrick’s Weekend Festivities at Potomac Point Vineyard and Winery!

It’s time to don your green hat, shirts, pants, and anything else green because the St. Patrick’s Day weekend celebration is coming to Potomac Point Vineyard and Winery! From March 12th starting at 11 AM until March 14th at 6 PM, you’ll have the opportunity to celebrate the Irish way! You’ll enjoy the Irish bistro specials & their signature “Lucky Leprechaun” green sangria! Wine specials for select wines will also be available ranging from 10% – 20% off bottles-to-go. Come celebrate St. Patrick’s Day with all your friends at Potomac Point Vineyard and winery! For more information, Click Here!

 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