PAM DENT

Jump into Greener Pastures


434-960-0161
[email protected]

More Acclaim For Keswick

P1010056 (WinCE) Keswick, Virginia located just east of Charlottesville, Virginia was cited in the New York Times today, October 24, as a scenic haven.  The article Pastoral Landscapes And Upscale Retreats by Stephen Wells, which was printed in the Great Homes and Destinations section, describes the allure of life on a Keswick horse farm and also in the gated communities of Glenmore and Keswick Estates. According to Mr. Wells it is the "image of upscale rural America that best defines Keswick and its surrounding communities".   Read the article for the full story.

Contact

Pam Dent

, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161, [email protected], to list your property for sale or to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

 

To view all of the Charlottesville, Virginia and Central Virginia Homes for Sale click here and click on the mls search button.

 

Visit my website Jump into Greener Pastures or read my blogs Charlottesville Real Estate Talk and Charlottesville Horse Farms and Country Homes.

Should I Invest In a Foreclosed Property?

We have been reading about the increasing number of foreclosures all across the country, and while Charlottesville, Virginia has not been hit as hard as many areas, it is no exception to this growing trend.  You may be thinking that the purchase of a foreclosure would be a good investment opportunity.  Before making that step it is important to understand the foreclosure process and to realize what is the best stage in that process in which to time your investment.

There is a good article by Glen Beck titled Not All Foreclosures Are Created Equal in todays Realty Times.  This article explains what is involved in investing in foreclosures in the various stages of the foreclosure cycle. According to Mr. Beck:

"By far the best, easiest, safest, and most lucrative way to buy foreclosure properties at this time in the cycle is to be buying at the third and final stage of the process, that being bank owned properties (REO's) after the auction is over.  Because of the huge volume of foreclosures now on the market at record levels, the huge number that will be coming in over the next 12-18 months, banks are lowering their prices daily just to move the inventory."

In addition Mr. Beck states that "As an investor and licensed realtor that has bought homes in all stages of the foreclosure process, for myself and amy investors and clients, I am directing my clients to take full advantage of what could be one of the best foreclosure buying markets we will ever see."

If you would like information on Charlottesville, Virginia foreclosures or Albemarle foreclosures, Fluvanna foreclosures, Louisa foreclosures, Orange foreclosures or Greene foreclosures, give me a call.  I would be happy to speak with you about this section of our local real estate market.

Additional information on foreclosures:

Foreclosures – Not Your Typical Real Estate Transaction – Part 1

Foreclosures – Not Your Typical Real Estate Transaction – Part 2

Foreclosures – Not Your Typical Real Estate Transaction – Part 3

Contact

Pam Dent

, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161, [email protected], to list your property for sale or to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

To view all of the Charlottesville, Virginia and Central Virginia Homes for Sale click here and click on the mls search button.

Visit my website Jump into Greener Pastures or read my blogs Charlottesville Real Estate Talk and Charlottesville Horse Farms and Country Homes

Horse Farms Are Still Selling In Charlottesville Virginia

Properly priced Charlottesville horse farms are still selling.

This lovely horse farm closed on Friday.  I am proud to have been the listing agent of this prime equestrian property.

716 Salem Road, Schuyler, Virginia close to Charlottesville, Virginia
39 acres, 3 stall barn, ring, round pen, 3 bedroom brick home, 2 bedroom , cottage.

Guard hill pasture

If you are considering buying or selling a Central Virginia horse farm, it is important to hire an agent who is knowledgeable about the particular amenities that make a farm an equestrian property and also understands the special wants and needs of th equestrian buyer.  My years of experience as a professional in the horse business combined with my knowledge of Charlottesville, Virginia real estate make me an excellent choice to help the equestrian buyer and seller.

Contact

Pam Dent

, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161, [email protected], to list your property for sale or to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

 

To view all of the Charlottesville, Virginia and Central Virginia Homes for Sale click here and click on the mls search button.

 

Visit my website Jump into Greener Pastures or read my blogs Charlottesville Real Estate Talk and Charlottesville Horse Farms and Country Homes

Fall in Virginia Can Be a Time For New Beginnings

As we make our way through October the 2008 horseshow season is winding down.  In November horsemen will enjoy a few weekends of down time before the 2009 season starts at the beginning of December.  This is often a season to say goodby to the good mount that has safely carried you through several years of showing.   Ponies are sadly out grown or a rider is ready to move on to a more challenging partner allowing them to progress to the next level.  This break between seasons becomes the perfect time to go horseshopping.

Charlottesville, Virginia and Albemarle County are located in the heart of the Central Virginia horse country.  Due to the large number of stables in the area, Albemarle horse country becomes a popular horse shopping destination.  In addition fall is the optimum time to come to Virginia and shop for the perfect Charlottesville horse farm; plus you can enjoy the spectacular fall foliage at the same time.  Albemarle, Fluvanna, Louisa and Orange Counties all have a selection of beautiful horse farms on the market for your inspection.

Shadowfax LLC at the Glenmore Equestrian Center is has three more horseshow weekends left on its 2008 show schedule.  The Shadowfax horses and riders under the instruction of Baily Dent have enjoyed a most successful horseshow season.  If you would like to have your  horse nearby, but do not wish to have your own farm, it makes sense to consider a move to Glenmore or one of the other area equestrian communities.

Come to Charlottesville in the fall to enjoy the spectacular scenery and search for your next horse or the perfect Albemarle County horse property.

Contact

Pam Dent

, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161, [email protected], to list your property for sale or to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

 

To view all of the Charlottesville, Virginia and Central Virginia Homes for Sale click here and click on the mls search button.

 

Visit my website Jump into Greener Pastures or read my blogs Charlottesville Real Estate Talk and Charlottesville Horse Farms and Country Homes.

Shopping For A Mortgage – What You Need To Know About The Good Faith Estimate

When you are starting your home home buying experience, your REALTOR will be speaking about prequalification, preapproval and loan approval.  You will be encouraged to speak with a mortgage professional to make sure that you will be able to obtain a loan and also to find out an estimate of the amount of the loan that you will qualify for.  This is a crucial step in determining how much home you will be able to afford.  It is heartbreaking to find your dream home only to learn that it is outside of your budget.

I always recommend to my clients that they speak with several different lenders; since different companies will offer different programs.  It is important to find not only the best loan for your needs and budget, but also the mortgage officer that you are comfortable with.  But when you have obtained your good faith estimates from several lenders, how do you compare them?  Jeff Belonger – Infinity Home Mortgage Company has written an excellent post clearly explaining the basics of the good faith estimate.

If you have any questions about buying or selling a Charlottesville home, or the Charlottesville, Virginia real estate market give me a call; I am always happy to speak with you.

Contact

Pam Dent

, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161, [email protected], to list your property for sale or to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

To view all of the Charlottesville, Virginia and Central Virginia Homes for Sale click here and click on the mls search button.

Visit my website Jump into Greener Pastures or read my blogs Charlottesville Real Estate Talk and Charlottesville Horse Farms and Country Homes.

Central Virginia September 2008 Market Reports

The beginning of the month is the perfect time to reflect on what has been happening in the area real estate markets.  Listed below are links to reports on the various Central Virginia real estate markets.

If you have any questions on the reports and what they may mean regarding your sale or purchase of a Central Virginia home, I would be happy to talk with you.

Albemarle Country September 2008 Market Report

Charlottesville, Virginia September 2008 Market Report

Fluvanna County, Virginia September 2008 Market Report

Louisa County, Virginia September 2008 Market Report

Lake Monticello September 2008 Market Report

Greene County, Virginia September 2008 Market Report

Charlottesville Area Condos September 2008 Market Report

Charlottesville-Albemarle Year To Date Market Report

Central Virginia Homes Year To Date Market Report

Buying A Charlottesville Home – What Is Earnest Money?

For the first time homebuyer all of the aspects of the home buying process are new.  One of the points that you need to understand is the earnest money deposit.

Earnest money is money put down by the purchaser when they make an offer on a home.  You will need to set aside some money to have for the earnest money deposit when you make an offer on a home. The purpose of the earnest money deposit is to demonstrate the seriousness of the purchaser’s intentions to the seller.  The amount is often between 1-5% of the purchase price, but this can vary with local customs.  The more money that is put down the more serious the seller will feel that the buyer is.  When the offer is accepted the earnest money deposit will become part of the downpayment or closing costs.  If the offer is rejected the earnest money will be returned to the buyer.  However if the purchaser defaults on the contract the earnest money may be forfeited.

If you are a first time homebuyer considering a purchase of a Charlottesville home, I would be happy to go over the home buying process with you.  I would love to help you find the perfect home.

Click here to search all of the Charlottesville and Central Virginia homes on the market.

Buying a Charlottesville Home – What is Mortgage Insurance?

For first time homebuyers involved in their purchase of a Charlottesville Virginia home there is so much to understand about the homebuying process.  One of the things that you may ask about is mortgage insurance.

Mortgage insurance is an insurance policy that protects mortgage lenders if a borrower defaults on their home mortgage.  It is required in cases where a borrower's downpayment is less than 20% of the purchase price.

Like any other insurance policy mortgage insurance involves the payemnt of a premium and protects the mortage lender against loss.  Mortgage insusrance will be included in the monthly mortgage payment.  If the borrower defaults on the loan and the lender is forced to foreclose on the property, the lender may file a claim with the mortgage insurer for a portion of the total losses.

If you have questions about the home buying process, contact me.  I would be happy to speak with you about what is involved in buying a home.  Helping buyers get into the home of their dreams is my favorite thing to do.

Search all of the Charlottesville and Central Virginia homes on the market.

What Is The Difference Between Pre-qualifying And Pre-approval?

Many people who are beginning to look for a Charlottesville, Virginia home are confused about the difference between loan pre-qualification and pre-approval.

Pre-qualification is a simple process to help determine how much money you will be elegible to borrow.  After you are pre-qualified you will  have an idea of what price range home you should be looking at.  Most real estate agents will ask if you are pre-qualified when they begin working with you.  That way they will know what price range of homes to show you.  You don't want to start out looking at homes only to find out later that you cannot afford the home that you have your heart set on. 

You may get pre-qualified over the phone.  All that is necessary is to tell a lender the amount of your income, what debts you have and how much of a down payment you can afford.  Then the lender will give you an approximate figure of what you could spend on a home.  You are not obligated to the lender.

The pre-approval process is a more formal process and involves the actual verification of funds by the lender.  You will have to provide the mortgage professional with all of the financial records necessary for applying for a loan and you will go through a preliminary approval process.  The only thing that is different from an actual loan application is that you are not supplying a sales contract for a specific property.  The advantage of obtaining pre-approval is that it gives you a definate figure of how much house you can afford.  In addition when you present an offer on a home it shows the seller that you are serious about purchasing.

Therefore before you begin looking at specific homes, it is a good idea to speak with a lender and get prequalified or pre-approved.  Make sure that the home you fall in love with is the home that you can afford.

When you are ready to start looking for the perfect Charlottesville home or Central Virginia horse farm, give me a call.  I would love to help you find your dream home.

Or perform your own search of Charlottesville homes.

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Contact Pam

Pam Dent
Phone: (434) 960-0161
Email: [email protected]
McLean Faulconer Inc.
503 Faulconer Dr. #5
Charlottesville, VA 22903


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