Hampton Roads Real Estate BlogRecently posted or modified blog postshttps://www.amwre.com/blog/Copyright AMWRE.com2023-09-19T09:03:12-07:00tag:amwre.com,2012-09-20:17670How to Navigate the Rental Market as a Landlord<img src="https://assets.site-static.com/userfiles/2659/image/199-2.jpg" width="316" height="316" style="display: block; margin-left: auto; margin-right: auto;" />
How to Navigate the Rental Market as a Landlord
Navigating the rental market as a landlord can be a complex and challenging process. Here are some tips to help you navigate the rental market effectively:
Understand the local rental market: Research and understand the current rental market conditions in your area. This includes knowing the average rental rates, vacancy rates, and popular amenities that tenants are looking for.
Determine a competitive rental price: Set a competitive rental price based on market rates and the condition of your property. Overpricing can lead to longer vacancies, while underpricing may result in missed rental income.
Attract quality tenants: Develop a comprehensive tenant screening process to attract reliable and responsible tenants. This should include background checks, credit checks, employment verification, and previous rental history.
Advertise strategically: Utilize various advertising platforms to reach a wide audience of potential tenants. This may include online listing websites, social media, local newspapers, and real estate networks. Highlight the unique features and benefits of your property in your advertisements.
Prepare a thorough lease agreement: Create a detailed lease agreement that clearly outlines the terms and conditions of the rental agreement, including rent payment terms, security deposit, maintenance responsibilities, and any restrictions or rules.
Maintain the property: Regularly inspect and maintain the property to ensure it remains in good condition. Promptly address any maintenance issues reported by tenants to maintain their satisfaction and prevent further damage.
Communicate effectively: Establish clear lines of communication with your tenants. Respond to their queries and concerns promptly and professionally. Good communication can help build a positive landlord-tenant relationship and reduce potential conflicts.
Stay updated on rental laws and regulations: Familiarize yourself with the local rental laws and regulations to ensure that you are in compliance. This includes understanding tenant rights, eviction processes, and fair housing laws.
Consider hiring a property management company: If you find it challenging to handle the various tasks involved in rental property management, consider hiring a professional property management company. They can handle tenant screening, rent collection, maintenance, and other aspects of property management on your behalf.
Continuously educate yourself: Stay informed about current trends and best practices in rental property management. Attend workshops, seminars, and webinars, and network with other landlords to learn from their experiences and gain valuable insights.
By implementing these strategies, you can navigate the rental market more effectively and maximize the success of your rental property business.
2023-09-19T08:35:38-07:002023-09-19T09:03:12-07:00Amanda M. Walshtag:amwre.com,2012-09-20:17669Small Design Changes that Have Big Impact
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With the change of seasons, attention turns from the backyard to our indoor spaces. With the cooler months ahead and more time spent indoors, who wouldn’t love a quick living space refresh? Fortunately, you don’t need to completely revamp everything to have a new look. Small changes can have a big impact as well. Paint is one of the easiest ways to change the look of any space. Paint fads quickly and designers recommend repainting every 5-7 years. This is an opportunity to use new colors. Dark and warm to create a cozy, relaxing space or go bright and bold to add energy or inspiration. If a larger project is too daunting, then adding a single accent wall provides drama and interest. Look at updating lighting and other fixtures. It’s surprising how quickly a lamp can change the tone of a room. Don’t be afraid of mixing traditional furniture styles with modern fixtures. Use lighting in a new way. Highlight a special picture or piece of art. Light a dark corner or use variable light bulbs to provide flexibility in intensity. Another great tip is to hit the local farmer’s markets and fairs. Style does not need to come from the chain stores or design magazines. Add some eclectic pillows, candles, baskets, or anything else that interests you. Personal style is just that – personal. With fall on the horizon, spruce up your living spaces with a few small changes.
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2023-09-19T08:35:28-07:002023-09-19T09:00:09-07:00Jennifer Brandttag:amwre.com,2012-09-20:14844Unlock the Key to Your Dream Home: A Guide for First-Time Homebuyers<img src="https://assets.site-static.com/userfiles/2659/image/3.jpg" width="862" height="503" />
Discover the secret to a successful home buying journey and make your dream of owning a home a reality!
When it comes to buying a house for the first time, I know it can feel like a daunting task. But let me tell you my friends. With the right preparation and knowledge, it can be such a smooth and rewarding experience.
Q: What are key steps in starting the home buying process?
First things first, let's talk about preparing to buy a house. One of the most important steps in the process is getting pre-approved for a mortgage. This means sitting down with a lender. Sharing information about your income, debts and credit score. Once you've done that, the lender will give you an estimate of how much money you can borrow for a mortgage. Now, listen to me when I say this, getting pre-approved for a mortgage is a powerful thing. It shows sellers that you're a serious buyer, and it can give you an edge in the home buying process.
Another key step in preparing to buy a house is determining how much house you can afford. You can use a <a href="http://sophiatirado.com/mortgage-calculator/">mortgage calculator</a> to get a rough idea of what you can afford. But, as a general rule of thumb, your monthly housing expenses should not exceed 28% of your gross income. That's something to keep in mind as you start your search.
And let's talk about credit for a moment. Building a good credit score is a key factor when it comes to buying a house. The higher your credit score, the lower the interest rate on your mortgage will be. And that, my friends, can save you thousands of dollars over the life of the loan. The baseline score most lenders need is 640. If your credit isn't where you want it to be, don't worry, there are steps you can take to improve it. Pay your bills on time, keep your credit card balances low, and avoid applying for too much credit at once.
Q: How can I find the right house for me?
Now, it's time to start looking for your dream home. There are so many different types of houses out there, from single-family homes to condos to townhouses. Think about what kind of house will best meet your needs and budget. And, let me tell you, there are so many resources available to help you in your search. Online listings, real estate agents, open houses, the options are endless. In fact, according to the National Association of Realtors, 87% of homebuyers use the internet to search for a home.
Q: What happens after I find the right home?
Once you've found your perfect home, it's time to make an offer. And, trust me, there's a lot to consider when making an offer. The price, contingencies, closing costs, it can all feel a bit overwhelming. But, I promise you, with the right guidance, you'll make the best decision for you. Contingencies are conditions that must be met before the sale can be completed, like a successful home inspection. Closing costs are the fees associated with the sale of the house, like title insurance and attorney's fees.
Q: What should I expect during the closing process?
Finally, it's time to close the deal. This is where you'll sign the contract and transfer the ownership of the house. According to the National Association of Realtors, the average closing process takes around 40 days. And before you close on the house, it's crucial to get homeowner's insurance. This will protect your investment in case of a natural disaster, fire, or any other unexpected event. Make sure you have enough coverage to rebuild the house in case of total loss.
Q: How do I get started?
1) Take the first step towards homeownership and <a href="http://sophiatirado.com/get-a-rate-quote/">schedule a meeting with a lender to get pre-approved</a> for a mortgage today. Don't let fear hold you back from experiencing the joys of owning your dream home.
2) Reach out to a <a href="https://calendly.com/envisionvahome/rechat">local real estate agent</a> or <a href="https://calendly.com/envisionvahome/first-time-homebuyer-consultation">attend a first-time homebuyer consultation</a> to gain more insights and knowledge on the process.
In conclusion, buying a house for the first time can feel overwhelming, but it doesn't have to be. With the right preparation and knowledge, it can be such a smooth and rewarding experience. And, remember, you're not alone in this journey. You have a whole community of people who are here to support you and guide you every step of the way.
Let's make your dream of owning a home a reality!2023-01-23T04:30:00-07:002023-01-23T07:14:56-07:00Magali Pattisontag:amwre.com,2012-09-20:14617Military Members: Things to Consider When Buying a Home
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For anyone interested in buying a home, there are a lot of decisions to be made. From the type of flooring they may want to the type of loan they may qualify for, this major purchase comes with major choices. For the men and women who serve in our Armed Forces, there are even more things to consider when it comes to buying a home. Here are five things to think about if you are a military member who is considering buying a home:
1. Location<br />When you commit to buying a home, you’re making a long-term commitment. While it may not be your forever home, you’ll want to own the home long enough to recoup your investment—and then some! So, if you’re in the military and know that you are likely to move in the near future, it may not be the right time to buy. If you are confident you will be spending significant time in your current assignment, you could be in the right place to buy. When it comes to location, you’ll also want to consider your proximity to your base. Some may prefer to live close to base, while others may want to physically separate themselves from their daily work life.
2. Family<br />Because deployment is certain when it comes to military life, you must consider what your family will do while you are deployed. Will they stay and live in your home or are they likely to travel to stay with a family member while you are away? If you know they are likely to go home to be with family, you’ll have to consider who may take care of the house while you’re all away. If your family will be living at your home, you’ll want to make sure you buy in an area where they are close to any amenities they’ll need in your absence.
3. Service<br />We’ve already mentioned deployment and how your time away may affect members of your family who stay behind to live in your home. But, as a military member, you also need to consider where you are in your career. If you are at the beginning of your military career and starting to build a family, buying a home may be ideal for you. If you are nearing the end of your service and have an interest in traveling or exploring other career paths, you may want to hold off on buying for now.
4. Money<br />As a member of the military, you’ll likely qualify for a VA loan. This mortgage requires no down payment and does not carry private mortgage insurance. Since you won’t have to save as much money as some other buyers, you may be enticed to spend more on a home. But, do not forget about those monthly mortgage payments. Make sure you’ll be comfortable carrying the mortgage you apply for.
5. Future<br />No matter where you are in your military career, before you decide to buy a home, it is important to consider the future. Even if you know you may receive new orders or be deployed in the short-term, if you’ve fallen in love with a certain area, you may have plans to stay even when your military career ends. If this is the case for you, it may be the right time for you to go ahead and buy your forever home.
2022-12-31T17:06:10-07:002022-12-31T17:21:05-07:00Amanda M. Walshtag:amwre.com,2012-09-20:144605 Reasons to Hire a Property Manager5 Reasons to Hire a Property Manager
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Sometimes, it can be hard to admit that we need some help – particularly when admitting that fact may cost us some money. But, for the group of homeowners who not only own a primary residence, but also have one or more income properties, how much is too much?
As a landlord, income property owners are responsible for a laundry list of tasks that include, but are not limited to finding and retaining tenants, managing routine maintenance and repairs, collecting rent, handling tenant complaints and, frankly, just being available in case of an emergency. And, yes, that is in addition to any day job the income property owner may have, too.
When income property owners decide to hire a property manager for their investment properties, guess who handles that laundry list of “landlord” tasks? Not the property owner!
Are you an income property owner who may need a little help? Here are five reasons it may be time to hire a property manager:
1. You own multiple properties or rental units. Maybe managing one tenant is doable while balancing life’s other priorities – and even that’s a maybe. But, if you are an income property owner with multiple homes or other rental units, it is understandably difficult to maintain the properties and manage the tenants. It could be time for you to contact a reliable property manager who can help to lighten your landlord workload.
2. You don’t live near your rental properties. What do you do when you live a few states away from your income property and it is time to show it to potential new residents? What if your tenant contacts you in the middle of the night with a plumbing issue or other pressing problem? When you don’t live near your income property, it may be more cost-effective and efficient to hire a property manager.
3. You don’t have a lot of time to devote to managing your property. Is maintaining your income property and keeping tenants happy your only job? It certainly can be a full-time job! So, if you’ve got a career in addition to owning a rental property, you may need to decide how much of your free time you’re willing to devote to being a landlord. If you’re having a hard time wearing all hats, you may need to hire a property manager.
4. You are not (and don’t want to be) familiar with landlord/tenant laws. In addition to all those previously listed landlord tasks – you know, maintaining your property and managing your tenants – a landlord also needs to be familiar with housing regulations and property laws. There are local, state and federal regulations that landlords must follow. How can you be sure you’re in compliance? A property manager can keep you and your property up to date on the latest laws and regulations.
5. You can afford it. Perhaps this should be number one on the list. But, if you’ve seen yourself in all other listed reasons, this may be the last thing you need to evaluate before hiring a property manager. Keep in mind that they typically function as independent contractors and most property managers may take a flat fee of one month’s rent or anywhere between around 5-10% of your monthly rental fees. Do the math and decide if you’re able to afford that kind of sometimes-invaluable help.
As an income property owner, it may be difficult to admit that you need the help of a property manager. But, if you already can admit that you’re struggling to properly maintain your property and manage your tenants, the easy choice for you may be enlisting the help of a trusted property manager today!
We are a boutique real estate brokerage offering personalized property management services throughout Hampton Roads. We prioritize making not only your life easier but also our residents. We leverage our real estate experience in marketing to enhance lead generation and take pride in ensuring that we offer residents quick response time and the best technological tools to pay rent and communicate maintenance. We would love the opportunity to discuss our property management services with you.
2022-12-11T20:56:16-07:002022-12-11T21:00:38-07:00Amanda M. Walshtag:amwre.com,2012-09-20:14331Property Management Services
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AMW Real Estate has been providing property management services to the Hampton Roads area since 2010.
We are a boutique real estate brokerage offering personalized property management services throughout Hampton Roads. We prioritize making not only your life easier but also our residents. We leverage our real estate experience in marketing to enhance lead generation and take pride in ensuring that we offer residents quick response time and the best technological tools to pay rent and communicate maintenance.
Reviews from Google:
"I have been with AMWRE since AMW guided me through the process of buying my place in Norfolk, VA back in 2007. Since 2010 (when I had to leave for work but was not ready to sell) I have relied upon Amanda and Co. to find good tenants and effectively coordinate any needed repairs and touch ups to ensure my previous home continues to feel like home for new tenants. AWMRE has been a dependable partner." - Dan Houlihan
"I worked with this team for 2 years as my property manager and am sad that selling my house means no longer working with them. They are professional and willing to work with you on what works for you and your needs whether buying, selling, or renting. They try their best to balance taking care of the owner and the tenant." -Stefani Smith
Contact us today to learn how we can get your home rented quickly and for top dollar!
2022-11-27T07:31:25-07:002022-12-11T20:47:10-07:00Amanda M. Walshtag:amwre.com,2012-09-20:1246450 Real Estate Terms Every Home Buyer Should Know<img src="https://assets.site-static.com/userfiles/2659/image/41-2.jpg" width="1000" height="1000" />
50 Real Estate Terms Every Home Buyer Should Know
Whether you're ready to buy your first home or just need an acronym refresher, keep this glossary handy. You don’t need a real estate license to find your dream home, but it does help to become familiar with real estate jargon you might encounter during the process. When searching for a home or applying for a mortgage, you may hear your real estate agent or lender use any of the terms or acronyms below. Keep this four-part guide handy — you’ll be fluent in the language of home buying before you know it.
When you’re searching for a home<br /><br />Approved for short sale: A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale.<br /><br />Buyers market: Market conditions that exist when homes for sale outnumber buyers. Homes sit on the market a long time, and prices drop.<br /><br />Comparative market analysis (CMA): An in-depth analysis, prepared by a real estate agent, that determines the estimated value of a home based on recently sold homes of similar condition, size, features and age that are located in the same area.<br /><br />Comps: Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home’s value<br /><br />Days on market (DOM): The number of days a property listing is considered active.<br /><br />Listing price: The price of a home, as set by the seller.<br /><br />Multiple listing service (MLS): A database where real estate agents list properties for sale.<br /><br />Sellers market: Market conditions that exist when buyers outnumber homes for sale. Bidding wars are common.<br /><br />Short sale: The sale of a home by an owner who owes more on the home than it’s worth. The owner’s bank must approve a lower listing price before the home can be sold.
When you’re applying for a mortgage
Back-end ratio: One of two debt-to-income ratios that a lender analyzes to determine a borrower’s eligibility for a home loan. The ratio compares the borrower’s monthly debt payments to gross income.
Depository institutions: Banks, savings and loans, and credit unions. These institutions underwrite as well as set home loan pricing in-house.
Debt-to-income ratio (DTI): A ratio that compares a home buyer’s expenses to gross income.
Housing ratio: One of two debt-to-income ratios that a lender analyzes to determine a borrower’s eligibility for a home loan. The ratio compares total housing cost (principal, homeowners insurance, taxes and private mortgage insurance) to gross income.
Loan estimate: A three-page document sent to an applicant three days after they apply for a home loan. The document includes loan terms, monthly payment and closing costs.
Loan-to-value ratio (LTV): The amount of the loan divided by the price of the house. Lenders reward lower LTV ratios.
Origination fee: A fee, charged by a broker or lender, to initiate and complete the home loan application process.
Pre-approval: A thorough assessment of a borrower’s income, assets and other data to determine a loan amount they would qualify for. A real estate agent will request a pre-approval or pre-qualification letter before showing a buyer a home.
Pre-qualification: A basic assessment of income, assets and credit score to determine what, if any, loan programs a borrower might qualify for. A real estate agent will request a pre-approval or pre-qualification letter before showing a buyer a home.
Underwriting: A process a lender follows to assess a home loan applicant’s income, assets and credit, and the risk involved in offering the applicant a mortgage.
When you’re shopping for a mortgage
Conventional loan: A home loan not guaranteed by a government agency, such as the FHA or the VA.
Down payment: A certain portion of the home’s purchase price that a buyer must pay. A minimum requirement is often dictated by the loan type.
Fannie Mae: A government-sponsored enterprise chartered in 1938 to help ensure a reliable and affordable supply of mortgage funds throughout the country.
Federal Housing Administration (FHA): A government agency created by the National Housing Act of 1934 that insures loans made by private lenders.
FHA 203(k): A rehabilitation loan backed by the federal government that permits home buyers to finance money into a mortgage to repair, improve or upgrade a home.
Foreclosure: A property repossessed by a bank when the owner fails to make mortgage payments.
Freddie Mac: A government agency chartered by Congress in 1970 to provide a constant source of mortgage funding for the nation’s housing markets.
Mortgage broker: A licensed professional who works on behalf of the buyer to secure financing through a bank or other lending institution.
Mortgage interest rate: The price of borrowing money. The base rate is set by the Federal Reserve and then customized per borrower, based on credit score, down payment, property type and points the buyer pays to lower the rate.
Piggyback loan: A combination of loans bundled to avoid private mortgage insurance. One loan covers 80% of the home’s value, another loan covers 10% to 15% of the home’s value, and the buyer contributes the remainder.
Principal, interest, property taxes and homeowners insurance (PITI): The components of a monthly mortgage payment.
Private mortgage insurance (PMI): A fee charged to borrowers who make a down payment that is less than 20% of the home’s value. The fee, 0.3% to 1.5% of the yearly loan amount, can be canceled in certain circumstances when the borrower reaches 20% equity.
Points: Prepaid interest owed at closing, with one point representing 1% of the loan. Paying points, which are tax deductible, will lower the monthly mortgage payment.
When you’ve chosen a home
American Society of Home Inspectors (ASHI): A not-for-profit professional association that sets and promotes standards for property inspections. Look for this accreditation or something similar when shopping for a home inspector.
Cash-value policy: A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur.
Closing costs: Fees associated with the purchase of a home that are due at the end of the sales transaction. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more. Buyers should budget for an amount that is 1% to 3% of the home’s purchase price.
Contingencies: Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc.
Earnest money: A security deposit made by the buyer to assure the seller of his or her intent to purchase.
Escrow account: An account required by a lender and funded by a buyer’s mortgage payment to pay the buyer’s homeowners insurance and property taxes.
Escrow state: A state in which an escrow agent is responsible for closing.
Home inspection: A nondestructive visual look at the systems in a building. Inspection occurs when the home is under contract or in escrow.
Homeowners insurance: A policy that protects the structure of the home, its contents, injury to others and living expenses should damage occur.
In escrow: A period of time (30 days or longer) after a buyer has made an offer on a home and a seller has accepted. During this time, the home is inspected and appraised, and the title searched for liens, etc.
Title insurance: Insurance that protects the buyer and lender should an individual or entity step forward with a claim that was attached to the property before the seller transferred legal ownership of the property or “title” to the buyer.
Transfer taxes: Fees imposed by the state, county or municipality on transfer of title.
Under contract: A period of time (30 days or longer) after a buyer has made an offer on a home and a seller has accepted. During this time, the home is inspected and appraised, and the title is searched for liens, etc.
Walkthrough: A buyer’s final inspection of a home before closing.
When you own a home
Equity: A percentage of the home’s value owned by the homeowner.
Homeowners Association (HOA): The governing body of a housing development, condo or townhome complex that sets rules and regulations. They charge dues used to maintain common areas.
Property tax exemption: A reduction in taxes based on specific criteria, such as installation of a renewable energy system or rehabilitation of a historic home.
Tax lien: The government’s legal claim against a property when the homeowner neglects or fails to pay a tax debt.
We look forward to the opportunity to help you with your home buying needs!
-Amanda M. Walsh Broker/Owner at AMW Real Estate2022-05-02T20:03:00-07:002022-05-02T20:09:18-07:00Amanda M. Walshtag:amwre.com,2012-09-20:12365What Everyone Wants To Know: Will Home Prices Decline in 2022?<img src="https://assets.site-static.com/userfiles/2659/image/shutterstock_1886284942.jpg" width="1000" height="1000" />
What Everyone Wants To Know: Will Home Prices Decline in 2022?
If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according to the experts, home prices are not projected to decline.
Here’s why
With buyers still outweighing sellers, home prices are forecast to continue climbing in 2022, just at a slower or more moderate pace. Why the continued increase? It’s the simple law of supply and demand. When there are fewer items on the market than there are buyers, the competition for that item makes prices naturally rise.
And while the number of homes for sale today is expected to improve with more sellers getting ready to list their houses this winter, we’re certainly not out of the inventory woods yet. Thus, the projections show continued appreciation, but at a more moderate rate than what we’ve seen over the past year.
And here’s what some of the industry’s experts say about how that will play out in the housing market next year:
Brad Hunter of Hunter Housing Economics explains:
“. . . the recent unsustainable rate of home price appreciation will slow sharply. . .. home prices will not decline. . . but they will simply rise at a more sustainable pace.”
Danielle Hale from realtor.com agrees:
“Price growth is expected to move back toward a normal range, but this is on top of recent high prices, . . . So, prices will [still] hit new highs. . .. The pace of price growth is going to slow notably . . .”
What Does This Mean for the Housing Market?
While home price appreciation is expected to continue, it isn’t projected to be the record-breaking 18 to almost 20% increase the market saw over the past 12 months. Overall, it’s important to note that price increases won’t be as monumental as they were in 2021 – but they certainly won’t decline anytime soon.
What Does That Mean for You?
With motivated buyers in the market and so few homes available to purchase, the imbalance of supply and demand will continue to put upward pressure on home prices in 2022. And when home price appreciation is in the forecast, that’s a clear indication your investment in homeownership is a sound one.
Bottom Line
It’s important to know that home prices are not projected to decline in the new year. Instead, they’re forecast to rise, just at a more moderate pace. Let’s connect to make sure you’re up to date on what’s happening with home price appreciation in our market, so you can make an informed decision about your next move.
2022-04-20T19:42:00-07:002022-04-20T19:46:28-07:00Amanda M. Walshtag:amwre.com,2012-09-20:11285Have you heard about our AMW Family company perks?<img src="https://assets.site-static.com/userfiles/2659/image/Mandy_Fowler_Studios_REAL_Producers-70_copy.jpg" width="642" height="907" />
Amanda has always believed in providing her agents with the best tools available to help them succeed!
NO technology FEES!<br />NO TRANSACTION FEES!<br />Only $10 E & O per transaction
We offer a top-of-the-line CRM (contact relationship management system) including your own website and domain-Much more than just a landing page with your information, but an all-encompassing system that allows your clients to view/search for homes, request home values & set up their own personal home searches. You can add campaigns, action plans and more. It even has a built-in dialer! AMW also offers a complimentary marketing platform with single property websites, landing pages, easy Facebook ad creation and more!
Buy or Sell your own home(s) for FREE! AMW encourages home ownership and does not collect any fees when you represent yourself in the purchase or sale of a property. Most agents use their commission toward their down payment or use it to negotiate a better price!
Our property management services are reduced to 5% per month for our agents vs. our regular 10% fee. That's a 50% savings every month on your personal investment properties!
AMW will sponsor you in obtaining REALTOR designations and your broker's license! (ask for details)
Amanda personally mentors her agents one-on-one and helps build each agent's presence on social media: creating a Facebook business page, Google business page (yes you can be on google and display your reviews for free), create personal logos, banners, etc
AMW Real Estate is a member of REIN (Hampton Roads), WMLS (Williamsburg), CBRAR (Gloucester) & MRIS (Northern Virginia) MLS systems.
Competitive splits are offered for individual agents and teams!
Our main office is on Route 17 in York County and we have a branch office in Virginia Beach (Town Center). We also offer access to co-working spaces in Newport News, Norfolk, Downtown Richmond, Short Pump, and Midlothian!
Oh by the way... We were nominated and voted Best of in the Real Estate category for Coastal Virginia Magazine in 2018 -2022!
Looking to move your license to referral status? Amanda started another company AMWRE Referral Company LLC where you can place your license (no monthly fees)!
Book a confidential appointment with Amanda now for more information
She would love to hear from you!
<a href="https://amwre.youcanbook.me/" target="_blank">https://amwre.youcanbook.me/</a>
<a href="https://amwre.youcanbook.me/" target="_blank"><img src="https://assets.site-static.com/userfiles/2659/image/Copy_of_Email_Signature_12.png" width="640" height="278" /></a>2021-12-09T14:13:00-07:002023-02-16T11:05:44-07:00Amanda M. Walshtag:amwre.com,2012-09-20:110387 Signs You're Ready To Buy<img src="https://assets.site-static.com/userfiles/2659/image/ScreenShot2021-04-13at11.05.43PM.png" width="1000" height="656" />
7 Signs You're Ready To Buy
Living in an apartment or rental home does have its perks: You can test out different neighborhoods and locations, you have the flexibility to move, and you have access to great amenities like a gym or pool. But there’s a reason that owning a home, rather than renting one, is a highly desired achievement.
Maybe the thought of having your own place has crossed your mind only recently, or maybe you’re regularly saving a chunk of your paycheck for that future down payment. No matter where you are in the process of considering homeownership, here are the unmistakable signs that you’re ready to buy your first home.
1. You Want to Get to Know Your Neighbors
Because renters don’t tend to live in one apartment for very long, it can be difficult to meet people who live in your building. But when you buy a home and are more invested in your community, it’s easier to forge lasting friendships.
2. You Want to Customize Your Space
Many rental communities have limits on what you can customize in your unit. You may be able to paint your walls a different color, but you may not be able to replace the countertops or appliances that come standard in your apartment.
3. You Want More Space or Amenities
You daydream about having a home with a large kitchen, dining room, basement, garage, or maybe even a home office or bonus room for your hobbies.
4. You Regularly Drive by Your Favorite Neighborhoods
You have a list of at least three communities (or maybe even houses) that you would love to live in when you’re ready to buy a home. You might even attend an open house or two.
5. You’re Eager to Put Down Roots
A home is more than a financial investment. It’s your own space, a private retreat, and the start of a new chapter in your life. You’ll love being able to make lasting memories with your new neighbors and enjoying all the amenities near your home.
6. You’re Constantly Browsing Home Improvement Sites
Instead of scrolling through social media, you’re scrolling through home decor websites or binge-watching HGTV. You now have dozens of ideas for how you’re going to decorate everything from the bathrooms to the entryway.
7. You Have Money Saved Up for a Down Payment
A down payment is essential to buying the home of your dreams. But once you see your savings account grow, you know your new home is just within reach.
<img src="https://assets.site-static.com/userfiles/2659/image/Blog_.png" width="1080" height="1080" />2021-11-05T07:20:00-07:002021-11-05T07:22:05-07:00Amanda M. Walshtag:amwre.com,2012-09-20:11013Questions To Ask When Buying New Construction
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Buying new construction is a different process than buying your typical pre-built home. What’s included, what’s not, and what’s hidden in that massive contract depends on the builder that you use. As with any situation where you’re moving or about to spend a lot of hard earned money, it’s important to go in prepared – and that means asking the right questions.
The first interaction you’ll have with the builder – and in fact, the first several, at least – will be with the builder’s sales representative. These early meetings are your chance to ask all of the questions you might have regarding costs, labor, and other essentials that you need to know about before jumping in. Write your questions down before you go in so that you can be sure not to forget anything important, and don’t be shy about getting the answers that you need. This is a major purchase, and you don’t want any surprises later.
Not sure exactly what you need to be asking about? These 10 questions to ask when buying a new construction home will help get you started.
Is the lot cost included?<br />When you’re exploring new construction options, you’ll see that each plan comes with a base cost. This is the cost of the structure itself, as well as base interior and exterior features (we’ll get into those in a little bit). What may not be included is the cost of the land, so be sure to ask if the lot cost is figured into the base.<br />If the lot cost is included, ask if there are premium costs for certain lots. It’s possible that the base cost does include the lot, but the remaining lots in the development all have added costs for certain features that you can’t opt out of, such as look-out windows in the basement or wider yards. If the lot cost is not included, ask what it is (and whether there are additional premium costs) and factor those into the base price for the house.
How long will building take?<br />It’s important to know what you’re getting into timing-wise with a new construction build, particularly if you have a house to sell first or you’re going to be renting. While the building process is prone to delays and you won’t be able to get a finite schedule for how long the build will take, you’ll be able to get a general idea of what you can expect. Be sure to also ask if the build time includes the time it takes to get the permits, since those will typically take about 30-45 days to obtain.
What warranties are provided with the house?<br />Just because a home is brand new doesn’t mean that no problems will arise. Fortunately, most new construction homes come with one or more warranties that protect you in the event of a mishap early on, including a short term whole-house warranty and a longer structural warranty. Ask what the warranties include and how long they last. While you can always buy your own home warranty, you should expect that the builder will cover you in some way for at least the first several years.
What are the standard finishes?<br />Does a base cost look too good to be true? That might be because the builder is expecting you to spend big when it comes to finishes like flooring and countertops. Ask what types of finishes are included, and better yet, go through the model unit with the sales representative and have them point out what’s standard and what is an upgrade. You likely won’t meet with the design center until after you’ve gone under contract, so it’s important to figure out early what sorts of finishes and appliances you can expect to be included in the home’s base price.
Are you allowed to purchase your own appliances or materials?<br />Had your heart set on butcher block countertops but the builder doesn’t offer them? It’s possible that you may be able to purchase them yourself and then have the builder install them. Alternately, some builders won’t let you purchase your own materials, but they will let you bring in your own appliances, even on items that are included in the sale, like sinks and toilets. Keep in mind that, in terms of appliances, you probably will have to make some purchases on your own, such as washers, dryers, and refrigerators.
If you can bring in your own materials or appliances, will you get credits?<br />Let’s say the base price of your new construction home includes a kitchen sink worth $200, but you’d like to upgrade and purchase a sink on your own that costs $400. Will you get $200 off the purchase price for not using the sink that’s included in the base? Some builders offer credits for any upgrades or self-purchased materials or appliances, while with others you’ll just have to eat the cost of the originally included item. Credits are a nice touch, but they’re not usually standard, so it’s best not to go in expecting that you’ll get money off the base cost for purchases like these. In general, builders don’t like to lower the base cost, but if they do offer credits, that’s a win for you.
Is landscaping included?<br />Depending on the size of your yard, landscaping, including sodding and putting in trees and plants, can set you back several thousand dollars or more. Is that a cost you’ll have to factor in on top of the home purchase? Some builders include your basic yard work, while others leave you with unfinished land that becomes your responsibility to landscape (and generally must be completed in a set amount of time, per the contract). Ask whether landscaping is included, and if so, what that entails and if there is any sort of warranty on the materials so that if your newly sodded grass dies right away or some other mishap occurs you’re not responsible for fixing it.
Does the contract include a cost escalation clause?<br />New builds are notorious for last minute surprises, but you don’t want to be on the hook financially if it happens. A cost escalation clause allows the builder to charge you for any unanticipated costs that arise as a result of necessary labor or materials. So if lumber prices go up before the builder has purchased the materials for your flooring, or an unexpected delay adds a few weeks onto the build, you’re on the line for those costs. If you’d rather not deal with the stress of unanticipated costs, find a builder that doesn’t include a cost escalation clause in the contract.
Are there any homeowners rules or regulations?<br />Even if there is no homeowners association for the development, the builder may still set some guidelines as far as what’s allowed and what’s not on your property. For example, you may not be able to use a particular type of fencing or install a shed in your backyard. It’s better to ask this question early and know what to expect than to move in and find out that you can’t bring into fruition certain plans you had for the space.
Are there any financial incentives for using the builder’s preferred lender?<br />Some builders offer discounts on closing costs if you obtain your mortgage through a company that they have a relationship with. Ask if these sorts of financial incentives are offered, but don’t make your final decision about where to get your mortgage based on the discounts alone – you may still be able to find a better deal through other lenders. It’s still good to know however if there are benefits to working with the builder’s preferred mortgage company.
If it’s your dream to build a new construction house, go in to the process with an open mind and a clear idea of what you can expect. The more questions you can ask in the beginning, the less surprises you’ll potentially face in the future.
And as with any home purchase, be sure to have an attorney read over your contract so that you can be sure everything is fair and equitable. Some buyers of new construction prefer to go in to sales meetings with a real estate agent as well, though in my own experience, I didn’t find that to be necessary. Be smart, ask the right questions, and at the end of the day (or fine, year) you’ll end up with a beautiful home built just for you.
<img src="https://assets.site-static.com/userfiles/2659/image/Blog_.png" width="1080" height="1080" />2021-11-03T08:48:00-07:002021-11-03T08:57:37-07:00Amanda M. Walshtag:amwre.com,2012-09-20:7956Should You Try Peel-and-Stick Wallpaper?
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<a href="https://assets.site-static.com/userfiles/2659/file/Untitleddesign2.jpg">Should You Try Peel-and-Stick Wallpaper?</a>
When you think of wallpaper, you likely picture rolls of material that are plastered or glued in place. Once the wallpaper is up on the walls, that’s pretty much it; while wallpaper can be removed, the process usually isn’t very quick or easy. If you want the look of wallpaper without the hassle, however, there is another option: peel and stick wallpaper. If you weren’t aware that this was available, it might be worth looking into.
What Is Peel and Stick Wallpaper?
Similar to some other wall decorations, peel and stick wallpaper is a vinyl applicant that has its own adhesive on one side. A protective paper backing covers the adhesive and is peeled off before application, allowing it to be placed without the need for glue or other messy adhesives. The adhesive on the back of peel and stick wallpaper is strong enough to hold the wallpaper in place, but not so strong that it can’t be removed with ease; when you’re ready to take it down you can simply peel it off without having to worry about the wallpaper tearing or causing any sort of damage to the wall surface beneath it.
Peel, Stick, and Adjust
As with more traditional wallpaper options, peel and stick wallpapers typically feature repeating designs that are essentially seamless once everything has been installed. The self-adhesive nature of the wallpaper makes it easy to start a wallpaper installation since you can position the first piece more easily than you might with wallpapers that have separate adhesives.
There is another advantage to using this self-stick adhesive as well. Because it’s designed to release easily, you can adjust the positioning of the wallpaper with ease during the installation process. This helps to ensure that none of the wallpaper is crooked or out of alignment, since you can correct any problems as they occur without having to reapply adhesive or worry about damaging the paper.
Residue-Free Removal
One big advantage that peel and stick wallpaper has over more traditional wall coverings is that you can remove it and replace it whenever you need to. The vinyl material that peel and stick wallpaper is made from is harder than paper, so not only is it less likely to be damaged in day-to-day life but it’s also much less likely to tear during removal. The adhesive on the wallpaper leaves no residue behind and isn’t going to peel off paint or other surface details. While peel and stick wallpaper typically isn’t designed for reuse after removal, you can remove one peel and stick design and replace it with a different design, or even more traditional wallpaper, without any issue.
Multiple Surface Options
Peel and stick wallpaper goes well on walls, but it can also be applied to other surfaces as well. The main requirement for application is a clean, dry surface without texture. Your walls should be painted with at least a base coat, but the paint shouldn’t have any texturing agents added. Surfaces with non-stick elements added (such as non-stick paint) or residues need to be cleaned or painted before application as well. Peel and stick wallpaper can be added to drywall, wood or any other surface that either meets its requirements or can be painted to provide the clean, smooth surface that the wallpaper needs for adhesion.
2021-05-22T05:23:00-07:002021-05-22T05:27:24-07:00Amanda M. Walshtag:amwre.com,2012-09-20:7900Styling A Bar CartStyling A Bar Cart
Here are her five top ideas for outfitting a cart that looks as good as the cocktails you’ll serve up taste.
1. Keep It Simple
You don’t need to fill every inch of the cart with bottles—just focus on the essentials. You just need are a few quality spirits to make the classics, whatever else you love, a good set of cocktail tools, and some glassware. Buying less random pieces means you can spend that money on higher-quality spirits. If you extra bottles, choose the best-looking ones to display on your cart.
2. Look Local
Try to purchasing spirits from a small or local distillery that offers pretty packaging, as long as the liquors taste good! You may find that your new favorite whiskey is from right across town.
3. Use Accessories
Now is the time to play with color, pattern, and texture. Decor items like colorful straws or custom coasters can add a touch of your own taste while also being functional. Vintage bar accessories such as cocktail stirs or picks are also a charming addition.
4. Add Some Life
If there is a space that needs filled, fresh flowers or greenery are always a good idea. Add a small bouquet that complements your current decor or make room for a permanent plant. You can even consider growing an herb, such as rosemary, mint, or basil - those can be added to make fresh cocktails!
5. Use Your Books
Cocktail recipe books are a great way to decorate and can add a little color, or neutral pop, depending on your needs. You can use them as a base to elevate a particularly pretty bottle.2021-05-13T12:30:00-07:002021-05-13T12:33:50-07:00Amanda M. Walshtag:amwre.com,2012-09-20:7888Should You Rent Out Your House?Should You Rent Out Your House?
Should you rent your house out? Every day, millions of landlords rent out houses to good tenants. With proper planning and preparation, you can minimize the hassles and turn your home into a profitable venture. If you think any of these points apply to you, you may want to consider renting out your home.
Your primary home, while a necessity in life, is not typically an asset or investment. An asset makes you money. A liability costs you money. By renting out your home, you transform a liability into an asset.
You can hold onto your property while rental income pays down your mortgage. Over time, rental property values (hopefully) will climb and build your wealth. If you can rent out your house for more than your monthly expenses, you will also experience additional monthly cash flow. That’s the goal for all potential landlords—and what we at BiggerPockets want to help you achieve.
Start your investment career with no additional costs. Renting your property could be the first step in a tried-and-true method for building wealth. Many real estate investors start this way—renting out their homes as they upgrade to bigger or better houses. This may also help fund your retirement, as you may end up owning multiple properties “free and clear” by the time you are ready to retire, providing monthly rental income or a lump sum if you sell.
Retain the possibility of returning to that home. This is especially helpful if you’ve been forced to move quickly because of a temporary job relocation.
If you need help finding a new home to buy while you rent out your current one, I’d be happy to help - give me a call today!2021-05-12T10:32:00-07:002021-05-12T10:37:18-07:00Amanda M. Walshtag:amwre.com,2012-09-20:7868Still Saving Your Tax Refund Or Stimulus Checks? Here's How To Use Them!
If you’ve started researching the home buying process, or you’ve already purchased a home in the past, you probably know one of the first things you need to consider is the size of the downpayment you are going to need to cover on the home you discover. While that down payment can vary depending on what type of financing you qualify for, it is never a bad idea to start saving as much possible, as soon as possible.
If you qualified for any of the stimulus payments and have been keeping that money, or tax refund money, tucked away into savings - this would be the perfect opportunity to use that cash. With the average refund for this year around $3000, there is a good chance your tax refund, potentially paired with a stimulus, can put a major dent in your down payment.
With a competitive market that doesn’t seem to be cooling off anytime soon, now is the time to buy. Ensuring you have the proper funds to cover that downpayment once you find ‘the one’ can save you heartache in the future. Give me a call today and we can get you set up with a lender so you can get pre-approved and find out just how much you need to have saved!
2021-05-10T11:42:00-07:002021-05-10T11:44:52-07:00Amanda M. Walshtag:amwre.com,2012-09-20:7841How To Make Your Offer Stand OutHow To Make Your Offer Stand Out
In today’s market, it’s not uncommon to be in competition with several other buyers for your dream home. When you find that perfect house, with the chic chandelier and the doggy door for Fido, the last thing you want to do is lose it because your offer didn’t stand out to the seller, Taking the time to put forth a well-written offer can work wonders for a buyer. Each seller and agent may have different opinions on what makes the best offer, but here are some that we’ve found are the most consistent:
1. Include a pre-approval.
If you want to show the seller that you’re serious about buying a home, get pre-approved before you ever sign an offer. Not only does it show that you didn’t just waltz up, see the for sale sign and throw something out there, but it also alleviates some of the seller’s worries that you’ll back out when the bank finds out your credit isn’t actually as good as you thought it was. Be sure to include that pre-approval letter from the bank with the signed offer.
2. Make a decent earnest money deposit.
When you’re sure you can’t picture yourself without this house, be ready to boost your earnest money deposit. Earnest money shows the seller that you’re putting your money where your mouth is, and you’re prepared to give up that chunk of cash if you back of the contract for any reason other than those allowed under the contract terms. There is usually a typical amount offered for your area, so if you really want to look good, go above and beyond that amount.
3. Remove all the contingencies you can.
Having two mortgages while trying to sell the home you’re in now isn’t really a dream that anyone has, but if you have the cash to do it, it’s definitely going to make your offer more desirable. Anytime you can waive contingencies in the contract, like the sale of your current home, it gives the seller more confidence that the deal will go through without a hitch. Another option would be to shorten the typical time periods. If it’s customary for your inspection period to be 15 days, shorten it to 10 to let the seller know you’re looking to make this happen quickly.
4. Make it Your Best
When you’re up against multiple offers, don’t waste a lot of time expecting to negotiate. Base your offer on solid research of surrounding comparables and really offer what you’d be willing to pay. If you don’t, your offer may be tossed aside for others that did. This includes more than the price, too. Maybe pay out of pocket for some of those extras, like a home warranty or closing costs, instead of asking the seller to contribute.
5. Get Personal
It’s time to let the seller know why you’re dying to buy their house, and be honest. Is it because you want to raise your family in the neighborhood? Do you see Fido rolling around in the big, fenced backyard? Connecting with the seller and creating a sense of relatability can go a long way, but avoid sounding desperate. The idea is to keep it short, simple, and honest, and don’t forget to have your buyer’s agent proofread it. Don’t hesitate to go out of the box to make your offer stand out to the seller. It may end up getting you your dream home.
2021-05-05T07:53:00-07:002021-05-05T07:58:57-07:00Amanda M. Walshtag:amwre.com,2012-09-20:7265Pet-Friendly Indoor Plants
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Cooler temperatures may have you missing greenery. If everything outside has prepared for winter, you can always bring your own green indoors! While there may be a list of plants you’ve been dying to get, you may want to scan your shopping list first if you have pets. Even if you don’t have curious pets, there are some houseplants that are better to avoid altogether if you have furry friends in your home. It is always important to research any plant you consider purchasing, but there are a few tried and true that pet experts recommend! Here is a list of pet-friendly plants to add to your home:
Ferns. True ferns are an easy addition to a pet-friendly home. They pose no threat to your pets and are usually hung in spaces where your pet cannot reach them anyway!
Kitchen Herbs. This is the best way to bring green to your indoor space while also serving another purpose - to eat! Basil, cilantro, dill, fennel, and sage are all easy indoor garden additions.
Orchids. Orchids may not be easy to grow, but a huge range of orchids are safe for pets.
Palms. True palms are generally safe, but cycads are not. A few safe palms to look for include areca palm, bamboo palm, dwarf palm and the ponytail palm.
Peperomia. This group of plants is known for its easy care requirements and textured leaves, making peperomias perfect plants for a busy house with pets. Most are pet friendly, but you can stick to the basics like blunt leaf peperomia, ivy peperomia and metallic peperomia if you want to be safe.
Succulents. Succulents and cacti, as a group, are pretty safe for pets. Though the plant may not be toxic, it is important to consider if your pet can reach a plant that is covered in spines.2021-02-04T13:39:00-07:002021-02-04T13:54:30-07:00Amanda M. Walshtag:amwre.com,2012-09-20:6449Trusting a Boutique Brokerage? Here’s why.
It should first be understood that when considering your choice in a Real Estate Brokerage, there are two types you may decide with. A franchise brokerage versus an independent brokerage. You might more easily recognize franchise brokerages by their brand, such as Keller Williams, Century 21, or RE/MAX. A broker can purchase the right to use the franchisee’s expertise, process and branding. An independent brokerage is operated as a separate business entity. Rights can not be purchased for an independent brokerage like you could a franchise. They are usually smaller in size, however have more local recognition and credibility. This is where our boutique brokerage fits in, as an independent brokerage.
So then, what is a Boutique Brokerage?
A Boutique Brokerage is similar to how you’d imagine a boutique shop or store would be; a smaller, more personalized and specialized business, with exclusive clientele. Boutique Brokerages usually do not charge fees the way larger brokerages would, instead, they take a percentage of profits generated by each transaction. This allows the Boutique Brokerage to focus on a smaller number of clients, since they do not need to rely on the volume of transactions. With lower overhead costs, including smaller space requirements, fewer salaries, and no massive advertising, it helps a Boutique broker and their agents focus on their exclusive clientele.
What do we have to offer as a Boutique Real Estate Brokerage?
Online marketing! Our client’s properties are well represented<img loading="lazy" class="wp-image-593 alignright" src="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/06/Untitled-design-4-300x251.png" width="278" height="233" srcset="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/06/Untitled-design-4-300x251.png 300w, https://www.amwre.com/files/2020/06/Untitled-design-4-1024x858.png 1024w, https://www.amwre.com/files/2020/06/Untitled-design-4-768x644.png 768w, https://www.amwre.com/files/2020/06/Untitled-design-4-823x690.png 823w, https://www.amwre.com/files/2020/06/Untitled-design-4.png 1410w" sizes="(max-width: 278px) 100vw, 278px" style="float: right;" /> on all major home buying and selling sites including our own! Such as REALTOR.com, Trulia, Homes.com, Zillow and many more.
Newest technology! We strive to use the most current and up-to-date technological advances for our real estate transactions including online forms and authenticated online signatures through REIN-MLS.
Quality service! We don’t focus on the quantity of sales here, we focus on quality instead. Our goal is to leave each client SMILING at the end of their real estate transaction. Whether they are selling or buying, we strive to give every client the attention and information they deserve.
Top-tier Realtors! Our Broker and Office Manager work diligently to cultivate a welcoming, inspiring and professional environment. Each of our agents have been hand picked to represent our brand with their unique work culture. Some of our Realtors might specialize working with veterans, military families, multi-property owners, new home owners and more.
Customized marketing! Franchise brokerages tend to have more company regulations that restrict the ability of the broker to be innovative. We have instant communication with our broker, Amanda Walsh, giving our company the opportunity to quickly create cutting edge marketing for our clients’ homes. Majority of our marketing is made in house, so our agents won’t need to wait weeks for their clients’ home to represented in the market place.
Community based! We take pride in our community because when our community is doing well so are our clients. You may find our broker and Realtors sitting in on local REALTOR boards, National Association of REALTORS, and other boards that work to protect and promote citizens private property rights. You’ll also find our Realtors participating in local events and volunteering at various organizations throughout Hampton Roads.
<img loading="lazy" class=" wp-image-597 aligncenter" src="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/06/Untitled-design-5-300x251.png" alt="" width="388" height="325" srcset="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/06/Untitled-design-5-300x251.png 300w, https://www.amwre.com/files/2020/06/Untitled-design-5-1024x858.png 1024w, https://www.amwre.com/files/2020/06/Untitled-design-5-768x644.png 768w, https://www.amwre.com/files/2020/06/Untitled-design-5-823x690.png 823w, https://www.amwre.com/files/2020/06/Untitled-design-5.png 1410w" sizes="(max-width: 388px) 100vw, 388px" style="display: block; margin-left: auto; margin-right: auto;" />
Sources;
8 Reasons to Use a Boutique Real Estate Firm. The Property Shop International Realty, 8 Feb. 2017, propertyshopofthecarolinas.com/blog/8-reasons-to-use-a-boutique-real-estate-firm/.
MacNeil, Rory. “Different Types of Real Estate Brokerages.” Agent Takeoff, 23 Sept. 2019, agenttakeoff.com/different-types-of-real-estate-brokerages/.
Shahinm. “What Is a Boutique Brokerage?” GOBankingRates, 18 Aug. 2010, www.gobankingrates.com/investing/brokerage/what-boutique-brokerage/#:~:text=A%20boutique%20brokerage%2C%20much%20like,than%20a%20larger%20firm%20would.&amp;text=Boutique%20brokerages%20typically%20do%20not,way%20a%20larger%20brokerage%20might.
2020-11-25T11:24:00-07:002020-11-25T12:04:35-07:00Savannah Bannistertag:amwre.com,2012-09-20:6185Is Getting a Home Mortgage Still Too Difficult?<img src="https://assets.site-static.com/userfiles/2659/image/getting-a-home-mortgage.jpg" alt="Is Getting a Home Mortgage Still Too Difficult?" title="Is Getting a Home Mortgage Still Too Difficult?" height="410" width="750" />
Potential homebuyers are always cautioned to be aware of mortgage lending standards and the difficulty they might face when trying to obtain a mortgage. Credit availability is expanding, making it easier to get a mortgage now than it was a year ago. The market is still tight however, and homebuyers should be prepared to shop around until they find a lender who is offering something that will meet the needs of their family.
Mortgage lending companies have high standards so it is important to make sure you and anyone else who will be included on the mortgage have their credit in check. The mortgage market is strict because lenders do not want to be put in a situation where they are forced to repurchase loans that are not paid on. They also do not want to end up in a litigation situation due to loan issues.
What Has Happened to the Number of Mortgages?
Due to the strict nature and requirements of the lending companies, the number of mortgages given out has significantly dropped. A report by the Housing Financial Policy Center at the Urban Institute showed that about 6.3 million fewer mortgages were given out between 2009 and 2015. The reasons behind this statistic are strict regulations and policies. These mortgages would have been granted if the lending standards where more reasonable.
Mortgage companies rely on calculations to determine if a home buyer will become delinquent on their payment. They will not give you a loan if you are too much of a risk for them. Credit history has a huge impact on this decision since lenders can see how often you pay back your debts. The history they receive is extensive. This view into your financial past causes lenders to take less risk when lending to you for your mortgage.
The Effect on the Economy
The housing market is recovering at a slower pace than it should since less potential homebuyers are being offered loans. While the market is still recovering with positive trends, fewer buyers can create a strain on other economic factors like home goods or construction jobs. Bottom Line
After the housing market boom and bust, mortgage lenders became stricter in their lending standards. It is not impossible to get a mortgage loan, but it can still be difficult for potential home buyers. Stay on top of your credit and make sure you and anyone else who is applying are in a good financial position so you can be approved for a loan. It is important to research different companies and their requirements to ensure success in getting a mortgage.2020-11-04T15:49:00-07:002020-11-04T15:50:07-07:00Magali Pattisontag:amwre.com,2012-09-20:6184Why You Should Consider Selling in the Winter<img src="https://assets.site-static.com/userfiles/2659/image/selling-in-the-winter-attracts-serious-buyers.jpg" alt="Selling In Winter Attracts Serious Buyers" title="Selling In Winter Attracts Serious Buyers" height="410" width="750" />
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities.
Selling in the winter can give you a few advantages. There will be fewer houses on the market since most people assume winter is a bad time to sell. This gives your home more attention. Potential buyers are always looking no matter the time of year. Keeping your house on the market in the winter might bring the right buyer to your door. Real estate agents also tend to be less busy during these months and commit more time to getting your home sold.
Studies have shown winter buyers are buying because they need to move right away either for a relocation or personal situation. They will want to close quickly and allow for a much smoother sale.
Bottom Line
If you need to sell your home right away, or have some time but want to see what is out there, consider listing in the winter. Most homeowners who are going to sell will list their home in the spring, making for a competitive market. The winter allows buyers who are in a hurry to move consider your home and sell for more money than you would have in the spring.2020-11-04T15:49:00-07:002020-11-04T15:50:17-07:00Magali Pattisontag:amwre.com,2012-09-20:6183Common Things to Look Out for Before Buying Your Dream Home<img src="https://assets.site-static.com/userfiles/2659/image/3-questions-to-ask-before-buying-your-dream-home.jpg" alt="Common Things to Look Out for Before Buying Your Dream Home" title="Common Things to Look Out for Before Buying Your Dream Home" height="410" width="750" />
It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market.
It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home.
1. Why am I Buying a Home?
Regardless of the finances, it is important to think about what made you want to buy a home in the first place. Usually the reasons don’t have to do with money. Instead, home buyers are focused on how the house will impact their family in the future. A study done by the Joint Center for House Studies at Harvard found there are four reasons people buy a home. Those reasons include schools for your children, a safe environment, more room for your family to grow, and control of your own space.
These factors are the most common reasons people look to buy a new home. When you ask yourself why you are looking to purchase a home, do any of those factors come up? Spend time with your spouse or family members who are involved in this decision and determine why you want a home in the first place. Creating this list will help when searching for a home and can help your real estate agent find the best home for your needs.
2. What is the Trend with Home Values?
Our current economy and housing market is strong. That means home values and mortgage rates are increasing. If you are looking to purchase a home but want to stay within a budget, it may be in your best interest to move quickly. It is forecasted for these trends to continue in an upward motion, causing home values to continue to increase.
3. What About Current Mortgage Rates?
The ticket price is not the only thing you should be concerned with when purchasing a home. Mortgage rates are always changing and can have a huge impact on your monthly payments. Current trends show mortgage rates are rising. This is something to consider if you are debating the right time to purchase a home, since the rates may be even higher down the road.
Bottom Line
You and your family are the only ones who can determine the right time to purchase your dream home. It is important to decide exactly why you want a new home for your family and decide on a budget that will be comfortable moving forward. This budget may affect the amount of time you have to search for a home, since home prices and mortgage rates are increasing. 2020-11-04T15:49:00-07:002020-11-04T15:50:14-07:00Magali Pattisontag:amwre.com,2012-09-20:6182Will Increasing Mortgage Rates Impact Home Prices?<img src="https://assets.site-static.com/userfiles/2659/image/mortgage-rate-projections.jpg" alt="Will Increasing Mortgage Rates Impact Home Prices? " title="Will Increasing Mortgage Rates Impact Home Prices? " height="410" width="750" />
There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case.
This theory of home prices decreasing is typically discussed by future home buyers. As a buyer you would like to think if you are paying higher rates on your mortgage, you should be able to see a decrease in cost somewhere else. Unfortunately, these rates are rising because the economy is in better shape. As the economy succeeds, incomes rise, rates go up, as well as the price of the home.
A recent study by the John Burns Real Estate Consulting found mortgage rates have very little impact on the cost of the home. The housing market and price increases are affected by things like job growth in the area and rising wages. Coincidentally, these same factors are causing the rise in the mortgage rates since people can afford to take out more.
Bottom Line
As the economy progresses and strengthens, mortgage rates and home prices will fluctuate. It is a misconception as rates increase, home prices will decrease. Advances in the economy have shown that rates and home prices are more likely to increase together.2020-11-04T15:49:00-07:002020-11-04T15:50:10-07:00Magali Pattisontag:amwre.com,2012-09-20:6451Fall Decorating on a BudgetThere is something about decorating for fall that gives me the warm fuzzies! It may be the promise of cool, crisp evenings with brilliant sunsets, or the fact that fall decorating is all about creating a cozy atmosphere in your home. The fun thing about fall decorating is that it’s easy and inexpensive. Here are a few of my favorite fall decorating ideas that are easy to accomplish on a shoestring budget.
Hit your local nursery, grocery store and fabric store for fall color. Place potted chrysanthemums, pansies, croton, purple fountain grass, or flowering kale on your front porch, in your foyer, or around your fireplace to add color. Tuck some mini pumpkins, Indian corn, or gourds around the base of the plants. Instead of spending money on pots, wrap the plant containers in fall print remnants from the fabric store.
Scavenge your yard for fresh ornamental cuttings. Put on your gardening gloves, grab your cutting shears and a basket, and head outside for some free décor. Fall leaves, small branches, ivy, ornamental grasses, flower blooms, pinecones, and seed pods make great accents. Arrange cuttings on your mantel or dining table with LED flameless candles and small gourds, or place branches and blooms in a large mason jar or vintage pitcher.
Get creative with pumpkins. There are lots of fun things you can do with a pumpkin besides carving a jack-o-lantern. Try painting some pumpkins in fall colors that coordinate with your home’s decor. Or wrap a few large pumpkins in light strands to light up your front porch. Make pumpkin topiaries by stacking three or four on top of a plantar, largest to smallest, and wrap then in garland or light strands.
Go antiquing for cheap accessories. Your local antique market or thrift stores can be a treasure trove for great fall finds. An old wagon, a wooden ladder, woven baskets, ceramic jugs, aluminum tubs, antique picture frames, straw hats, and vintage farm tools all have a rustic fall flavor.
More ideas for fabrics. You don’t need a sewing machine to make use of fall fabrics. Many fabric stores stock fall prints or have remnant pieces for quilting. Fold a couple of yards of plaid fleece like a throw blanket and drape it over a chair. Wrap your throw pillows in a yard of a fall print and secure it with craft ribbon or safety pins. Fold the raw edges under and iron to make a simple table runner. Wind strips of fabric around a grapevine wreath or use them to tie big bows around your pumpkin stems.
I would love to sit down and chat about what you are looking for in your NEW HOME!
<img loading="lazy" class="alignnone wp-image-763 aligncenter" src="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/07/Photo-249x300.jpg" alt="" width="213" height="257" srcset="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/07/Photo-249x300.jpg 249w, https://www.amwre.com/files/2020/07/Photo-851x1024.jpg 851w, https://www.amwre.com/files/2020/07/Photo-768x924.jpg 768w, https://www.amwre.com/files/2020/07/Photo-1277x1536.jpg 1277w, https://www.amwre.com/files/2020/07/Photo-573x690.jpg 573w, https://www.amwre.com/files/2020/07/Photo.jpg 1702w" sizes="(max-width: 213px) 100vw, 213px" />
Raquel Harrell, Realtor
Call/Text: 757-955-5692 Email: Raquel@HarrellhomesVA.com
You can start your home search on my site at <a href="http://www.raquel.amwre.com/">www.Raquel.AMWRE.com</a>!2020-09-02T11:29:00-07:002020-11-25T12:35:27-07:00Raquel Harrelltag:amwre.com,2012-09-20:6450First Time Home Buyer…frequently asked questions!<img loading="lazy" class="alignnone wp-image-766 aligncenter" src="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/07/LRESTOCKPHOTO103-300x200.jpg" alt="" width="270" height="180" srcset="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/07/LRESTOCKPHOTO103-300x200.jpg 300w, https://www.amwre.com/files/2020/07/LRESTOCKPHOTO103-1024x684.jpg 1024w, https://www.amwre.com/files/2020/07/LRESTOCKPHOTO103-768x513.jpg 768w, https://www.amwre.com/files/2020/07/LRESTOCKPHOTO103-1536x1025.jpg 1536w, https://www.amwre.com/files/2020/07/LRESTOCKPHOTO103-2048x1367.jpg 2048w, https://www.amwre.com/files/2020/07/LRESTOCKPHOTO103-1034x690.jpg 1034w, https://www.amwre.com/files/2020/07/LRESTOCKPHOTO103-600x400.jpg 600w" sizes="(max-width: 270px) 100vw, 270px" />
Our Top First Time Home Buyer FAQ’s Answered
Mortgage-Related:
How do I know if it’s time to buy instead of rent?
If you know where you want to live, have a steady and secure income, and are ready for the responsibilities of homeownership, then it’s a great time to invest in property.
How much do I need to save up for a down payment?
A conventional loan down payment is usually 20% of the sales price, but other types of financing require as little as 3.5% to 15%. A mortgage lender can tell you what types of loans you qualify for.
How do I know if I qualify for a loan and how much I can afford?
Contact a mortgage lender to get pre-approval for a loan. The lender will ask you some basic questions about your income and debts and can tell you what amount you can be approved for, and how much your mortgage payments will be.
What does the lender need from me to give me a loan?
Usually, you are asked to provide your last two tax returns to show proof of income. You should also provide recent bank and credit card statements and proof of your current pay rate. You will also be asked for your social security number so they can run a credit check.
What’s the difference between pre-approved and pre-qualified?
While often used interchangeably, these terms don’t mean the same thing. Pre-qualification is an estimate of what you may be approved for based only on the verbal information you provide. Pre-approval means the lender has verified your income and debt information and run a credit check.
How do I know which mortgage option is right for me?
Your mortgage lender is the best person to advise you on this question. Their products and qualifications change from time to time, so they would know best what products are available to meet your needs.
Searching for a Home:
What should I do when I see a house online that I like?
Call your buyer’s agent: the agent you are working with to find your home. It’s best that you work with one real estate agent throughout your search because that person learns what you like and dislike and will invest a lot of time vetting properties for you. That person also represents your best interests only. When you call the agent advertising the home, you are dealing with the seller’s agent, so, while they can assist you, they are also trying to get the best price for the seller.
Can you show me a house if it’s not your listing?
Absolutely. As a buyer’s agent, I can show you any house listed in our MLS system, and I will contact FSBO sellers on your behalf. As mentioned above, working with me as your buyer’s agent ensures that your interests are protected.
How do we write an offer?
When you find the property you want to make an offer on, I will run a Comparative Market Analysis (CMA) to help you determine a fair offer amount. I will also guide you through the additional terms of the contract, such as the escrow amount, closing date, and any additional terms you want to be added to the offer. I will write the offer on a contract form and submit it to the seller’s agent.
What if I want to back out of a contract?
You always have the right to back out of the purchase, but you may lose your escrow deposit. If the contract is contingent on a property inspection, you usually have the right to cancel for any reason during the inspection period. Once the inspection period has passed, you cannot back out and keep your deposit unless the seller agrees, or an additional term has not been met.
What happens if there are other offers on the house I love?
If a seller receives multiple offers on their home, usually their agent will inform the buyer’s that multiple offers have been received and the buyers have another opportunity to alter their original offer to present their “highest and best” offer. Keep in mind that many factors may influence the seller in addition to the offer price, such as the down payment amount, closing date, and inspection terms.
What happens when my offer gets accepted?
Once both parties have agreed on all terms and signed the contract, your escrow deposit must be made and you should schedule the home inspection. Your lender will receive a copy of the contract and will begin processing your mortgage application.
We’re Under Contract!
What does “under contract” mean?
Under contract means that all parties have agreed on terms, have signed the contract, and the signed contract has been delivered to both buyer and seller. Payment of the escrow deposit is expected but is not a requirement to make a binding contract.
What is escrow?
The escrow money, escrow deposit, or good faith deposit is money that is offered with an offer, or as soon as an offer is accepted, to show the seller that you are serious about moving forward with the purchase of the home. Because you forfeit this deposit if you back out of the purchase for any reason not allowed for in the contract, the larger the escrow deposit, the more seriously your offer is taken.
Do I need an inspection?
We always recommend that you have a home inspection done. In the scheme of things, paying a few hundred dollars to have peace of mind that there are no hidden dangers or problems is well worth the money.
How much are inspections?
The cost of the home inspection depends on the size of the house and additional inspections requested, such as swimming pool, septic tank, termites, insurance four-point (HVAC, plumbing, roof, and electrical,) wind mitigation, and radon. An average home inspection, without additional inspections, is about $300.
What if my loan doesn’t get approved?
If you have gone through the pre-approval process and have been forthcoming with all the information requested by your lender, it’s unlikely you will be turned down, but it does happen. Make sure you do not change jobs, purchase big-ticket items on credit, take out a car or boat loan, or open any other new credit accounts while your mortgage is being processed. If your loan does fall through, talk with your lender about changing to a different loan type.
When can I start moving?
When you have the keys! When you are financing your purchase, it takes four to six weeks for your loan to be processed. Once the lender gives the all-clear, closing is scheduled. You will sign your loan documents and both parties will sign documents transferring ownership to you. Unless other arrangements have been agreed upon by both parties, the sellers should have completely vacated the home when they sign the closing papers. You can have your belongings ready to move, and a moving company scheduled before you go to closing. At closing, you will receive the documentation you need to provide utility companies with proof of your new residence.
I would love to sit down and chat about what you are looking for in your NEW HOME!
<img loading="lazy" class="alignnone wp-image-763 aligncenter" src="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/07/Photo-249x300.jpg" alt="" width="213" height="257" srcset="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2020/07/Photo-249x300.jpg 249w, https://www.amwre.com/files/2020/07/Photo-851x1024.jpg 851w, https://www.amwre.com/files/2020/07/Photo-768x924.jpg 768w, https://www.amwre.com/files/2020/07/Photo-1277x1536.jpg 1277w, https://www.amwre.com/files/2020/07/Photo-573x690.jpg 573w, https://www.amwre.com/files/2020/07/Photo.jpg 1702w" sizes="(max-width: 213px) 100vw, 213px" />
Raquel Harrell, Realtor
Call/Text: 757-955-5692 Email: Raquel@HarrellhomesVA.com
You can start your home search on my site at <a href="http://www.raquel.amwre.com/">www.Raquel.AMWRE.com</a>!2020-07-07T11:19:00-07:002020-11-25T12:27:44-07:00Raquel Harrelltag:amwre.com,2012-09-20:6447Selling Your Home During COVID-19<img src="https://assets.site-static.com/userfiles/2659/image/Copy-of-BLOG-PHOTOS.jpg" width="600" height="400" style="display: block; margin-left: auto; margin-right: auto;" />
5 Questions Sellers Have about the Market during the Coronavirus Outbreak Answered
There are so many questions and concerns amid the Covid-19 coronavirus outbreak. The real estate market is especially hard hit and sellers are concerned. Real estate at its core is a people business. It relies on person-to-person interaction and the coronavirus necessarily limits this contact. As the spring selling season gets started, home sellers will have questions and it’s important to acknowledge concerns and offer practical advice and concrete information to help sellers make the best decision for themselves and their families.
1. Should I still try and sell my home?–Of course, there are many aspects to this question. First and foremost, the health concerns of the sellers’ family have to be taken into consideration. Unless absolutely necessary, the elderly and those with underlying health issues should not allow unnecessary people into their homes; including buyers and agents.
If the household is essentially healthy and not considered high-risk, then this could be a great time to sell. Consider the advantages of lower inventory coupled with low-interest rates; as listings become rarer, the remaining inventory will get more attention which could create better offers.
2. Is it safe to have people through my home?–This is certainly a concern, but there are practical steps you can take to ensure safer home showings.
3. What can I do to protect my family during showings?-Protect the home, family and visitors alike by taking the following precautions.
Keep hand sanitizer at the front door to offer buyers and their agents when they enter the home.
If there is a guest bathroom, keep disposable hand towels and soap for guests to use and make the request known to the showing agent.
Offer disposable gloves for use with a receptacle for used gloves.
Limit the showing days and hours so you can properly clean between showings.
Have cleaning wipes handy. Request agents to wipe surfaces, door handles, and banisters which are touched during the showing.
Ask your agent to offer virtual showings or host virtual open houses
4. What happens if my buyer loses their job?– Most real estate contracts include a contingency for the buyer loan approval and funding. Now more than ever, it’s critical to keep that contingency in place. In the unfortunate event the buyer loses their job or can no longer qualify for the loan during the contingency deadline, the parties cancel typically cancel the contract.
5. Will I get a higher price if I wait to list my home?– The truth is no one knows. We don’t know how long or short the crisis will be and we don’t know how the financial market will weather the outbreak. While this is a question the seller will ultimately need to decide, the old adage about a “bird in the hand” is important to remember.
<img loading="lazy" src="data:image/png;base64,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" alt="page2image180566912" width="434.880000" height="15.720000" />
This spring selling season has proven to have unique circumstances – please contact your real estate agent to learn more about the current outlook and opportunities in your local market.
2020-04-22T10:19:00-07:002020-11-25T11:24:12-07:00Raquel Harrelltag:amwre.com,2012-09-20:6446Buying Your First Home? Know These 3 Things<img src="https://assets.site-static.com/userfiles/2659/image/2-2.png" width="560" height="315" style="display: block; margin-left: auto; margin-right: auto;" />
I love working with first-time home buyers. Helping you find your first home, learn the home buying process, and guiding you from house-hunting to move-in day gives me the warm fuzzies. Here are three things you should know before you start looking.
Work with one real estate agent. It’s best to have one agent who is helping you with your search. Your agent will be dedicated to finding you the right property, and then negotiating on all the terms of your transaction on your behalf. You want that person to get to know you and your family’s needs and preferences, rather than starting over with someone new each time you go look at a house. Keep in mind that the agent who shows you a home is, ethically, the one who should continue the transaction. Also, when you call an agent from a yard sign or advertisement, you are dealing with the seller’s agent. While most real estate professionals are adept at handling both sides of a transaction professionally, it makes more sense to deal with someone you have already taken time to get to know and who has your best interests at heart as the buyer. You aren’t paying your agent; unless otherwise stated, he or she is paid by the seller upon closing. Still, you are hiring someone to work for you, so feel free to interview multiple agents and pick the one that you feel fits you best.
You need to be pre-approved for financing. Unless you are paying cash for your home, you do need to talk to a lender before you start looking at houses. One reason is that it helps you set an accurate price range for house hunting. Looking at homes that you can’t afford to make an offer on just leads to frustration. A mortgage lender will not only tell you what amount you can borrow, but also your projected monthly payment, your closing costs, and what you should or shouldn’t do with your finances to maintain your eligibility throughout the lending process. Another reason for having an up-to-date pre-approval in hand is so you don’t lose out to another buyer. If you find the perfect house, you will want to get an offer in before someone else gets it, and that pre-approval letter must accompany your offer. I would be happy to provide you with names of mortgage lenders in our area who have provided excellent service to my clients.
There are some up-front costs. When you find the right house, and you and the seller have agreed on the price and terms and have signed the contract, you will first need to make your escrow, or “good faith” deposit. This is money you are risking if you back out of the deal for reasons not protected in the contract. Usually it is between 1% and 5% of the sales price but can be more or less depending on what you and the seller agree to in the contract. Your agent will help you with this during negotiations. The escrow deposit counts towards the sales price.<br />Next, you should have an inspection of the property done by a certified home inspector. This cost varies depending on the size, condition, age, and features of the home, but is usually a few hundred dollars. You will need to pay this at the time of service. You may elect to pay for other inspections based on the results of the initial inspection. For example, if the inspector notes an issue with the HVAC system, you may need to pay a service fee for an HVAC contractor to look at the system. You want to get as much information during your inspection period as you need to confidently move forward with the purchase.<br />An appraisal and a survey of the property will be ordered, but these are usually added to your closing costs and not expected to be paid in advance. However, you may be asked to provide a credit card number to be charged in the event that the closing does not take place. I will guide through all of these steps throughout your home buying journey. Ready to get started? Give me a call!
<img loading="lazy" class="alignnone wp-image-512" src="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2019/12/IMG_1057-240x300.jpg" alt="" width="143" height="178" srcset="https://bt-wpstatic.freetls.fastly.net/wp-content/blogs.dir/5196/files/2019/12/IMG_1057-240x300.jpg 240w, https://www.amwre.com/files/2019/12/IMG_1057-819x1024.jpg 819w, https://www.amwre.com/files/2019/12/IMG_1057-768x960.jpg 768w, https://www.amwre.com/files/2019/12/IMG_1057-1229x1536.jpg 1229w, https://www.amwre.com/files/2019/12/IMG_1057-1638x2048.jpg 1638w, https://www.amwre.com/files/2019/12/IMG_1057-552x690.jpg 552w, https://www.amwre.com/files/2019/12/IMG_1057-scaled.jpg 2048w" sizes="(max-width: 143px) 100vw, 143px" /><br />
Raquel Harrell, Realtor
Hi there, I would love to help with any of your real estate needs!
Direct: 757-955-5692 Email: Raquel@harrellhomesva.com2020-02-07T11:13:00-07:002020-11-25T11:16:59-07:00Raquel Harrelltag:amwre.com,2012-09-20:6445Add Charm To Your Bedroom<img src="https://assets.site-static.com/userfiles/2659/image/Untitled_design_11.png" width="600" height="503" />
With a new season upon us, you may be wanting to spruce up your bedroom and add a little “newness” to your space. Here are some tips for decorating your bedroom by adding some charm and elegance.
1. BEDROOM FURNITURE
Your bedroom furniture is what makes the biggest impression on you – first thing in the morning and at the end of each day. You will want to add pieces to your bedroom that you will love seeing. Consider adding unique pieces that add character and charm to your personal space.
Canopy Beds
A modern style canopy bed can add simple beauty into your bedroom. Use a four-poster frame that is clean and matches your current finishes. A simple design allows you to dress up the bed as you please. Keep it clean for a masculine touch, or add a soft look by hanging gauzy panels.
Daybed
Have an empty corner in your bedroom? You can consider adding a traditional style daybed and bring it to life with an elegant French countryside flair. Add lots of layered pillows and throws to bring out the character of your set.
Antiques
Don’t be afraid to incorporate antique pieces throughout your modern decor. Adding a fun vintage trunk or even an antique dresser with a crisp bedding set can really pull together a beautiful theme. Antiques can give your bedroom personality and provide a conversation piece.
2. LUXURY BEDDING
Sometimes, all a bed needs is a new bedding set. Brands these days carry an array of fabric options, allowing you a large variety of textures and patterns to fit any bedroom style or mood.
Silk Bedding
If you want to do something other than cotton, you can add a luxurious touch with some silk bedding. It is naturally hypoallergenic and provides less friction on your skin while you sleep. Silk is beautiful and really stands out in a bedding set.
Linen Bedding
If you want a more lived-in look, linen helps achieve that in a modern and classic way. Use neutral colors to create a layered look that’s simple and relaxed.
Cable Knit Bedding
Expanding beyond the typical sofa throw, cable knit blankets are soft enough to use as your coverlet and add the right amount of texture for your decorative shams. Cable knits are the perfect blend of practicality, elegance, and comfort.
3. BEDROOM DECOR
Your bedroom furniture and bedding have a large role in making your master functional, but it is the little things that will really bring out the personality and charm. Consider the type of mood you want your bedroom to have and decorate to match that mood. Do you want a dark cozy room? Do you want a spa-like feel? Or do you prefer a beach theme? Whichever mood you want to go with, adding decorative pieces can bring it together.
Throws & Quilts
Piling up on extra blankets can be a great way to add decorative pieces throughout your bedroom that can also be functional. Quilts and silks add a cozy element to the room, where cotton can add a modern clean feel. Drape bed scarves over chairs to add a lived-in look.
Flowers & Candles
The aroma of fresh flowers or a scented candle can help you unwind and enjoy the quiet moments in your bedroom. Scents can elevate the mood, but they also help you relax. Find scents that aren’t too strong, can be enjoyed long term, and fit the decorative mood of your room.
Style Your Nightstand
Keep your nightstand free of cords and electronics. Clutter can bring a negative mindset. Your nightstand is often the first place you look at in the morning, so you want to keep the electronics and mess off of it. Add a stack of timeless books, an elegant tray, or a decorative piece of art. Only keep the necessities, like reading glasses, a glass of water, or your favorite book.2020-01-15T11:02:00-07:002020-11-25T11:12:39-07:00Amanda M. Walshtag:amwre.com,2012-09-20:6442Top 5 Home Staging Props<img src="https://assets.site-static.com/userfiles/2659/image/Untitled_design_10.png" width="600" height="503" style="display: block; margin-left: auto; margin-right: auto;" />
1. ORCHIDS & HIGH-QUALITY FLORALS<br />Orchids are an incredibly versatile prop. They are beautiful, elegant, and add class into any interior, regardless of the style of home. They will pair well with just about any room. You can add them into a bathroom for a spa-like feel, group them into containers for a grand entryway centerpiece, or make them the highlight of the dining room. Adding high-quality florals can be the perfect way to decorate any space, and the variety of flower types and arrangements can blend into any decorating theme.
2. BOOKS<br />Books are wonderful space fillers and can introduce subtle pops of color into your living space. They can also be used as risers to add dimension to your room by propping other decorative pieces.
3. BOWLS, TRAYS, & VASES<br />Ceramic containers can add a calming and organic effect to a decorative scene. They are beautifully subtle and can be just the right touch to bring a room together. Using vases, trays, and bowls allow a lot of versatility. Vases can be used as a creative way to hold utensils in a kitchen and bowls can be used for small plants. The right container, paired with the right filler, can set the scene and create a warm and inviting space.
4. FILLERS<br />Fillers are the perfect addition to the types of containers noted above. Fillers can be wicker balls, moss balls, faux lemons or other fruits, bread, flowers, and just about anything else you can think of. Fillers can bring a lived-in look to any space, warming up what could otherwise feel like a bare room.
5. LIFESTYLE ELEMENTS<br />Having lifestyle elements in your home can really set the stage for the theme you want to incorporate. Lifestyle elements are things that breathe life into any room and help to prevent it from feeling too staged. These can be things such as a teapot on a nightstand, a bowl of fruit on a dining room table, little figurines on nightstands, books on a coffee table, etc. You can even add a breakfast tray on a set bed. Use lifestyle scenery sparingly so it doesn’t come off as too cheesy and over-done.2020-01-14T09:29:00-07:002020-11-25T09:44:02-07:00Amanda M. Walshtag:amwre.com,2012-09-20:6441Warm Up Your Bathroom For Winter<img src="https://assets.site-static.com/userfiles/2659/image/1StockLREbathroom-300x200.jpg" width="300" height="200" style="display: block; margin-left: auto; margin-right: auto;" />
While you may enjoy stepping out into a cold bathroom in the middle of summer, that usually isn’t as enjoyable when winter strikes. Even with your heat running, sometimes bathrooms can get a little frosty – especially after a hot shower. All of the surfaces in your bathroom, like the tile floors and porcelain toilet, are not ideal for holding in heat. Here are 3 ways you can bring the heat to your bathroom this winter so you won’t have to dread shower time anymore.
Invest In A Towel Warmer
What better way to beat the chill than a warm towel to wrap up in when you are ready to get out of the shower? Heated towel racks can be installed right outside of your shower door. The rungs of the rack typically act as warming rods and can hold several towels at once, so everyone can enjoy a warm towel this winter!
Heated Toilets Seats Are IN
While America is a little behind on technologically advanced toilet systems in comparison to other countries, heated toilet seats have started to make their way into the mainstream bathroom decor here in the US. These toilets usually come with bidet-like system, so toilet paper is no longer needed. With a quick wash and a gentle dry with warm air – all while you are on a heated seat – going to the bathroom in winter doesn’t have to be dreadfully cold!
Never Get Cold Feet With Heated Floors
Most people would agree that stepping out of the shower onto an ice-cold tile floor can send a chill up your body no matter how warm you are. Instead of hopping across the bathroom as quickly as possible to find slippers, consider investing in radiant floor heating if your bathroom is due for an upgrade. While it is definitely not an easy project, it will add value to your home and be priceless on those days where you don’t want to freeze your toes on cold tile.2019-12-15T09:23:00-07:002020-11-25T09:27:50-07:00Katherine Nadeautag:amwre.com,2012-09-20:6439Preparing Your Home for the Colder Months…<img src="https://assets.site-static.com/userfiles/2659/image/12-600x400.png" width="600" height="400" />
Preparing Your Home for the Colder Months
Now that the warm summer months are behind us, it’s time to prepare for winter. Regardless of whether you expect to see sub-zero temperatures this season or you live in one of the warmer climates, preparing your home for colder weather can save you money and hassle this winter. So before you dig out your fall sweaters, take a weekend and prepare your home for the cold weather to come.
Save Energy
Fall is a great time to seal drafts in the home which can suck energy out. Check around doors and windows and replace worn weather stripping and caulking. If you use your fireplace for warmth during winter, this is the right time to have the chimney cleaned and checked for safety. Arrange a furnace tune up complete with replacing the filter and vacuuming the vents to make sure you are warming your home efficiently.
Outdoor Tasks
Before the chill turns to freezing, head to the yard to winterize the exterior of your home. Check gutters for clogged leaves and other debris and examine the roof and siding for any repairs which could create leaks or drafts in the cold. If the gardening season is at its end, drain water from outdoor faucets and garden hoses. Make sure the sprinkler system is off and reinforce any exposed pipes which could burst with the cold.
Fall is here. Along with the smell of baking and falling leaves, you can ensure your home is ready for winter by taking a few steps now to prepare. Save energy and the hassle of an unexpected repair by getting some routine maintenance done before the cold months come.
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Raquel Harrell, Realtor
Hi there, I would love to help with any of your real estate needs!
Direct: 757-955-5692 Email: Raquel@harrellhomesva.com
2019-12-05T08:49:00-07:002020-11-25T09:29:04-07:00Raquel Harrell