Find Out What Your Greene County Home Is Worth

Find out what your Greene County Home is worth today!

Receive your FREE online Greene County home value report. Specific to your home & location.

NOT just another automated value report!

Get your Greene county home value report online

 When you’re entering the Greene county real estate market to sell your property you are entering a competition. If you plan to win that competition  contact Sherry Hayward.  Greene counties residential real estate listing specialist. I will show you how to make the most from your Greene county home sale. I Specialize in seller representation. Keeping up with the latest market trends and statistics can be challenging.  Lucky for you, that's what I do best! I study Greene county home values. I have 13 years of experience studying the market statistics and trends. I can provide you with  expert valuation reports. Reports containing up to the minute data.  This is NOT just an automated value. My pro-active approach and proven marketing strategies have made me an expert at selling Greene county homes. I also have a specialty in selling homes that didn't sell the first time.  Contact me today to learn what I do differently to get homes sold in the shortest amount of time possible with the least amount of hassle. AND of course for the most money possible. 

Your Greene County home value report will include the following

 Recent home sales that compare to your home

What your home is likely to appraise for

Average sales prices

Average price per square foot

Detailed market information specific to your area

Pricing strategies and statistics

Current Inventory

Average days on market

 

Contact Greene County residential real estate listing specialist Sherry Hayward

(434) 515-1592 - Listing Line for sellers

(703) 65-2223 - Cell, call or text! 

shaywardkw@gmail.com 

www.charlottesvillehomesandfarms.com

www.cvillehomesforsale,com

 

Currently in Ruckersville the median listing price is $266,500. The average days on the market is 96. Thee are 91 single family homes for sale in ruckersville. 2.3% of these of these listings are distressed sales. (foreclosures and short sales). 42 homes in Ruckersville are under contract. In the past 12 months 121 single family homes have been sold. These numbers indicate a 6.7 months supply of inventory in Ruckersville. This is considered an over supply. An over supply can present challenges fr sellers in Greene county. So when your looking for a partner to help you sell your Greene County home be sure to contact Greene county residential real estate specialist Sherry Hayward. Get on the JUST SOLD list! 

 

Stanardsville VA Strawberry Festival

Stanardsville VA Strawberry Festival 2014

Stanardsville VA 24th annual Strawberry Festival is right around the corner. Mark your calenders for May 31st. Plan to be at the Stanardsville United Methodist Church. The Strawberry Festival begins at 7 AM and goes until 3 PM. This Stanrdsville VA event is an event the entire family will enjoy. Located just north of the city of Charlottesville and south of Culpeper and the Fredericksburg area. The drive from the Washington DC area will take about 1 and a half to two hours. The Stanardsville VA Strawberry Festival will have some wonderful tasty treats available for sale. Cakes, Pies, Pastries, Crepes and jams, made with fresh strawberries of course. Breakfast will be served starting at 7 AM. Lunch will begin at 11:30. 

Get Directions to the Stanardsville VA strawberry festival with Google Maps

Plan to spend the day in historic Stanardsville VA. In addition to the tasty treats there will be entertainment provided that the entire family can enjoy. Bring a lawn chair and just chill on the courthouse square and lawn. Under the white tent have some fun with face painting, tattoos, nail art and a variety of arts and crafts. AND be sure to check out the vintage cars on display! You can also take a tour of the historic Stanardsville United Methodist Church. Built in 1858. The tours will be held between 11:30 and 1:30. Musical performances under the white tent will be throughout the day. Opening performance at 9:15 will be by the Hi Horse Cloggers. At 10 o'clock Square Dancers. At 11 musician and songwriter Rick Hill will perform. At 11:45 Don Leake followed by Shekine Grace with Keith Samuels. Then a closing performance by Steve Mintor. All proceeds of the 25th annual Stanardsville VA Strawbery Festival will go to support local mission organizations. 

Stanardsville VA is located in the county of Greene with breathtaking views of the Blue Ridge mountains. Check out the latest real estate and homes for sale in Stanardsville. Whether your looking for a new primary residence or a weekend get-a-way Stanardsville VA foots the bill. Stanardsville is in the 22973 zip code. 

Stanardsville VA homes for sale

Currently there are 64 homes for sale in  Stanardsville VA. This is a 1.4% increase in  homes  for sale from the previous month of  April. 4.3% of  the homes for sale are distressed  sales. The median  number of days on the  market in Stanardsville is  149. 66.12% of the  homes in Stanardsville are  owner occupied  while 18.26 are rental homes.  15.62% of the  homes are vacant. The median household income in Stanardsville VA is $46,258.00. Median age of the Stanardsville VA residents is 43 with 36% married. There is a total of 2,431 homes in Stanardsville. 867 of those homes reside with children. Subscribe to the Market Insider and receive monthly updates on your location. Get all of the statistical and demographics information for your area including the school information. You can even compare areas by zip code. 

Have a home to sell in Stanardsville VA?

Get your Stanardsville house value FREE from a local Greene county real estate listing specialist specific to your home. NOT another general automated value report. Contact Sherry Hayward Today! 

Get Your Stanardsville VA House Value

 Your Stanardsville VA home value report will include the following

• Recent home sales that compare to your home
• What your home is likely to appraise for 
• Average sales prices
• Average price per square foot
• Detailed market information specific to your area
• Pricing strategies and statistics
• Current Inventory
• Average days on market

What's the difference between a house that sells and one that doesn't? A MOTIVATED agent! Contact Greene County residential real estate listing specialist today and learn what she does differently to sell homes in the shortest amount of time possible for the most money possible! 

Sherry Hayward, Keller Williams Realty

(434) 515-1592 Listing Line

(703) 655-2223 cell

shaywardkw@gmail.com

www.charlottesvillehomesandfarms.com

www.cvillehomesforsale.com

What Is Your Greene County House Worth?

What Is Your Greene County House Worth in Today's Market?

Find out with a FREE online custom valuation report specific to your home and location.

Your Greene County home value report will include the following

 Recent home sales that compare to your home

What your home is likely to appraise for

Average sales prices

Average price per square foot

Detailed market information specific to your area

Pricing strategies and statistics

Current Inventory (competing homes)

Average days on market

 

In today;s rapidly changing real estate market many are asking the same question, what is my Greene county house worth? With the price being the absolute most important factor in selling your home this value must be right on. It it is crucial to price the home right the first time. With 13 years of experience studying the market and pricing trends I get it. Specializing in homes that didn't sell the first time and earning the title Greene County Residential Listing Specialist. Therefor obtaining an accurate assessment is key in determining what your Greene county house worth. Contact me today to learn what I do differently to get homes fast! (434) 515-1592  shaywardkw@gmail.com 

Increasing your Greene County Homes Value the Most for the Least amount of Money!

Take a look at a few seller tips and strategies to help you increase the value of your Greene county home for the least amount of money. My number 1 goal is to sell your house for the most amount of money is the shortest amount of time with fewer hassles of showings. I base this information on prior years of experience working with home seller's and the feedback received from the buyers looking at and buying my listings.

• Painting and Carpeting

A fresh coat of paint will make a room look new and clean. New carpets will make it shine that much more. Be sure to pick a paint color that is neutral as that will appeal to the most people. I have seen many buyers walk into a home with rooms painted the seller's favorite color and just walk out because they hated it! Buyers also will always look down at the floor when they walk into a room. So be sure that the carpets are clean, and if they are worn, consider getting them replaced. Worn or dirty
carpets and badly painted or dirty walls will make a buyer think that there are other issues with your home even if there is not.

• Energy Cost   

  

  What is your Greene County house worth?

  
  

These days, most buyers will ask me "What is the average monthly utility bill cost?" of homes they are looking at to buy. Most utilities offer free energy audits. Take advantage of this as it can help you save money now and it can help you down the road when you are ready to sell your home! I have seen buyers favor homes that have lower monthly utility costs over other homes all else being equal!

• Kitchen

In most homes, buyer will spend the most time in the kitchen. Make sure your kitchen is ready. If you have appliances that are dirty or old, get them cleaned spotless or consider replacing them. You do not need to spend a lot of money replacing your stove or refrigerator with top end appliances, but you do not want buyers walking into a kitchen, see a dirty stove or refrigerator and then walking out because of it. And do not forget the drawers and cabinets as buyers will open these! If you need a referral to a good cleaning service, let me know and I can send you a couple of names.

The full report can be downloaded when placing your request for your Greene county house value report. 

When your ready to sell your Greene County home be sure to contact Sherry Hayward, Greene County residential listing specialist. (434) 515-1592 Listing Line shaywardkw@gmail.com  (703) 655-2223 Direct

Greene County House Value, What is yours?

Greene County House Value, What is yours?

Find Out HERE! And get the latest trends, pricing statistics, inventory levels, recently sold homes and more!

Stay on top of the Greene County real estate market and know your Greene County house value. Subscribe to the Greene County market insider and stay informed on valuable market updates and your Greene County House Value. 

Click Here for your Greene county house value!

Greene County Market Inventory Levels

The number of active listings in Greene county in the 22968 zip code has dropped 1.9% from the previous month. The good news for sellers listing now is that there is less competition. The average number of days a home is on the market is 115 days.   The average listing price in Greene county zip code 22968 is $283,000. Greene county currently has 189 homes for sale.

Currently, there are 189 active listings, 51 under contact and 207 that have occurred in the previous 12-month period.

These totals indicate a 8.79 months supply of inventory.

This is considered a OVER SUPPLY of inventory. 

Contact me today to learn what I do differently to get homes sold in the shortest amount of time for the most amount of money possible.      Sherry Hayward, Listing Specialist  (434) 515-1592  (703) 655-2223 - cell, call or text me! shaywardkw@gmail.com

Best Home Improvements To Increase Your Greene County House Value

• Deck - Adding a deck is a very cost efficient way to add square footage to your house. Decks cost around $6,000 and generally recoup 75% of their value. Compared to other outdoor improvements (except painting) that's an excellent return.
• New Windows - Your utility bill savings may make up for the iffy resale value, however, a good set of standard windows should get you around 68% back. If you start getting too fancy with custom shapes and sizes, though, don't expect to get as much in return.
• Swimming Pool - In a word don't! Unless you're putting it in for you and your family to enjoy, it's commonly agreed that a swimming pool has no resale value at all. Reason #1? Sure, they sound nice, but pools are very expensive to maintain. Running a close second is the fear of pool accidents that's something nobody wants to experience.
• Picture Perfect Gardens - Another nicety, but who's going to spend all that time and money? If the potential buyer is not horticulturally inclined, chances are your floral handiwork won't add to the offering price. The same can be said for expensive fences and stone walls they look nice, but buyers don't pay up for them.
• Basic Is Better - It may not sound very exciting, but it's the basic improvements you make to your home that may have the greatest return on its value: a beautiful new bathroom won't make up for a leaky roof. So if you're thinking of selling your house in the next year or so, be sure to address any problems the home may have before you, say, install those sunken gardens you've always dreamed of.
• Selling It Or Smelling It - Pet odors can be a problem when you're in the process of selling your home. If your house has an odor problem, you should remove any offending furniture or carpets or hire  professional to clean them. Be sure to check the cat box frequently and keep the litter fresh. Since some people have allergies or fears of certain animals, it's a good idea to put dogs or cats outside or confine your pets to one area when your house is being shown. It's hard for buyers to fully appreciate your home through itchy, watery eyes or in between sneezes! Even if the house is exactly what they want, your chances of selling it are less if the scent of Spot lingers in their memory.

Greene Mountain Lake House Values

Greene Mountain Lake House Values

What is your Greene Mountain Lake House Worth?

In this rapidly changing real estate market knowing your house's worth can be valuable information in protecting one of your largest assets. Whether your selling or just curious you can get your most up to date Greene Mountain Lake house value FREE online. 

Your home value report will include the following

  Recent home sales that compare to your home

What your home is likely to appraise for

Average sales prices

Average price per square foot

Detailed market information specific to your area

Pricing strategies and statistics

Current Inventory

Average days on market

 

Currently in Stanardsville VA, Greene Mountain Lake, the number of active listings has dropped by 10.1% from the previous month. There are currently 10 homes for sale in Greene Mountain Lake with 6 of those listed as "To Be Built". In Stanardsville VA the median listing price is $219,000. The average number of days a home is on the market is 207. Stanardsville VA currently has 62 homes for sale. Greene Mountain Lake currently has 2 homes that are under contract. In the past year 8 homes have been sold in Greene Mountain Lake. 

Are you interested in selling a home in Greene Mountain Lake? Find out what it takes to sell a home in the shortest amount of time for the most amount of money. Contact me today!

Sherry Hayward Keller Williams Listing Specialist

(434) 515-1592  (703) 655-2223   shaywardkw@gmail.com

What Is Your Greene County VA House Worth?

What Is Your Greene County VA House Worth?

If your wandering how much your Greene County would bring you in this rapidly changing real estate market you've come to the right place. Many are preparing for the spring market by doing some renovations, clean up and minor repairs. But will you recoup everything you're putting into your home? Find out which improvements will bring you the biggest return on your Greene County home this spring.

Best-Bet Home Improvements For Your Greene County VA Home

• Painting
• Area Conversions
• Extra Bathroom
• Kitchen

Generally speaking, increasing the functional space of your home holds its value longer than remodeling just to make a house look better. It's also much less expensive than adding an addition to your home. Converting attic space into a bedroom, for example, usually costs around $30,000 and returns about 73% of its cost, according to Remodeling magazine. Turning your basement into extra living space costs, on average, $40,000, with a recoup average of about 69% of your costs. You usually can't go wrong by adding an extra bathroom. At an average cost of $14,200, a new full bath can recoup 81% of its total cost! If you're looking to improve the appearance of your home for resale, or you just want an updated look for your own enjoyment, there are a few things you must consider before beginning any costly project. Sure, you can spend a lot on something purely for the personal pleasure of having it like that outdoor Jacuzzi under the attached gazebo or you can go the practical route and make an improvement that will increase your home's market value, such as installing energy efficient air-conditioning or repairing those shabby shingles. Be forewarned, however, and don't expect to recoup your costs on both counts. Many real estate brokers agree that just because you put $25,000 worth of improvements into your home doesn't mean that your house is worth $25,000 more!  It does make your home more sell-able. Exactly how much of your investment you'll recoup depends on a number of factors, such as the "big picture" housing market, the value of the homes in your neighborhood, when you plan to sell and the exact nature of the improvement. Also, consider that the longer you live in your home after a project is completed, the less likely you are to recoup its value. Just try to convince a potential buyer that Harvest Gold is cutting edge. Below are some examples of a few improvements that usually pay off and some that rarely make a difference (no matter how much you paid for them) when it comes time to sell your home. With just a few basic improvements, your kitchen can practically pay you back with interest! 

New paint, wallpaper and flooring are always appreciated; plus, you might even consider sanding, staining or painting worn looking
cabinets. Replacing old cabinet hardware is a low-cost improvement that makes a big difference in appearance. According to Remodeling magazine, the average spent on major kitchen remodeling is around $39,000; refinishing an outdated one averaged $15,000. The full kitchen remodeling recouped 80% of its cost, the more moderate remodeling was valued at 87%. If you're planning to sell your home in a year or two, a fresh coat of a neutral toned paint could make the sale easier. A professional exterior paint job may also recoup close to 75% of its cost. Let's face it we all like things fresh looking.

Click HERE

Your home value report will include the following

  Recent home sales that compare to your home

What your home is likely to appraise for

Average sales prices

Average price per square foot

Detailed market information specific to your area

Pricing strategies and statistics

Current Inventory

Average days on market

 

Get Your Greene County VA House Value and List Before The Competition!

Greene County VA Market Inventory Trends

The number of active listings in Greene County VA zip code 22968 dropped by 1.9% from the previous month. In the zip code 22973 the active number of homes for sale dropped by 10.1%.  This is good news for you thinking about selling. By listing now you have less competition with fewer homes on the market. We are expecting many homes to be listed by spring which will give homes much more competition. The spring shopping shoppers looking for homes in Greene County VA are shopping now! Rates are low and buyers in Greene County VA are taking advantage of that.

Greene County VA Newest Listings

• 29 Miller mountain Rd  
• 416 Lake Dr 
• 271 Wood Dr

Greene County VA Pending Sales

•  259 Deer Dr 
• 642 Mistland Trail
• 451 Larchmont Cir

Greene County VA Latest Sold Home

• 132 Thomas Ct - sold for $88,000. This was a foreclosed home

For more information and for your FREE Greene County Home Value Report contact me

Sherry Hayward Keller Williams Listing Specialist

(434) 515-1592

(703) 655-2223

shaywardkw@gmail.com

What Is Your Stanardsville VA House Value?

Stanardsville VA House Value & Market Snapshot

Knowing your Greene county and Stanardsville VA house value can be a valuable asset. It can keep you making good informed decisions when it comes to your most valuable asset, your home.

Compared to last year, February 2013 the median estimated home value is down 15.3% to $160,000. The median estimated listing price is $175,000, up 6.4% according to the quarterly reports. There are currently 62 active listings of homes for sale in Stanardsville VA. The number of active listings has dropped 10.1% from the previous month. The average  number of days a home is on the market before selling is 207. What this all means to you. Listing and selling your home now, while the inventory level has dropped 10% means you have a lot less competition than you did in the previous month. Most sellers are under the misconception that  they will have a better chance of selling in the spring market. Those sellers, like all sellers will have an awful lot of competing homes in the spring! They will experience more time on the market and lower offers simply because buyers will have more to choose from.  Although rates have begun to increase they are low RIGHT NOW! Who knows what the spring market will bring. Get your Stanardsville VA house value NOW!  You do want the most money possible, right?!

 Get your Stanardsville VA house value?

Click HERE

Your online home value report will include the following

  Recent home sales that compare to your home                                                                             

What your home is likely to appraise for

Average sales prices

Average price per square foot

Detailed market information specific to your area

Pricing strategies and statistics

Current Inventory

Average days on market

 

Market Insider, A Powerful Resource ForYou.

Market Insider, the FREE tool and monthly report available on my website offers a wealth of information for real estate. With customizable, real-time information on market conditions, price trends, available inventory,  and community demographics. It can help you and your family make the right decision about when to sell your house, where to move to etc. 

 

Subscribe to Market Insider and receive valuable data customized for Stanardsville VA. House Values

Available free and updated in real time, Market Insider provides valuable and customizable information and real estate information and trends in our community so you can access to the data you need to make informed decisions in this ever-changing market. 

You can even create a customized version of the Market Insider report that will focus on the data and information you care about most when you subscribe.  The personalized version will be updated and delivered to you every month. 

Get the latest data on:

• Recent home listings and sale prices
• Sales price trends
• Market inventory trends
• Side by side community demographics
• And much more

Subscribe today and you can see

For more information on Market Insider and professional analysis how this data can be interpreted for your unique real estate needs please call or email me today!

What's the difference between a house that sells and one that doesn't? A MOTIVATED agent! Contact me today to learn what I do differently to sell homes in the shortest amount of time for the most amount of money possible!

 Sherry Hayward Listing Specialist Keller Williams Charlotteville

(434) 515-1592 - Listing Line

(703) 655-2223 - Cell, Call or Text me!

shaywardkw@gmail.com

 

How Much Is Your Stanardsville VA Home Worth?

How Much Is Your Stanardsville VA Home Worth?      (703) 655-2223   (434) 515-1592

Understand your Stanardsville VA house value and why it will help you make more informed decisions.

Compared to last year, February 2013, the median estimated home value in Stanardsville VA is up 31.4% to $252,000. The median listing price in is $219,000. The average time a home is on the market in Stanardsville is 207 days. Currently in Stanardsville there are 62 homes for sale and 2 brand new listings

• 361 Timber Drive       
• 7 Reservoir Dr.   

One listing is pending sale at 5345 Celt Rd Stanardsville VA 

 The current number of active listings and homes for sale in Stanardsville has dropped by 10.1% from the previous month. If your considering selling now is the time with less inventory available which could get you a premium price on your home.

Take the 1st step in getting and understanding your house value.

Your home value report will include the following

  Recent home sales that compare to your home

What your home is likely to appraise for

Average sales prices

Average price per square foot

Detailed market information specific to your area

Pricing strategies and statistics

Current Inventory

Average days on market

 Strategies to increase your house value

 

Buyers Have Choices

When preparing your home for sale, it's important to know that your home is not the only home buyers will see. In order to stand out from the crowd, location, curb appeal, interior updates, staging and most importantly, pricing matter.

As your agent, my job is to help you maximize your bottom line. Before listing your property I will help you take the steps to making yours the one buyers can't forget, and won't want to pass up.

With 1 in every 2 buyers viewing anywhere from 6 to 16 homes your home must be more appealing than the rest. Appealing as in curb appeal, updates, renovations, staging or price.

In the past year sellers who priced their home at market value experienced overwhelmingly better results than those who priced high including

• Less time on the market - 50% fewer days
• More money - List price to sales price was 8% higher
• Less hassle with 2 fewer showings
• More options - multiple offers received

Contact me today to get your Stanardsville House Value!

Ruckersville VA Real Estate

Ruckersville VA Real Estate Market News, MLS

Listings and the Latest Market Statistics Provided By

Charlottesville Homes and Farms.com

Ruckersville VA is located in the county of Greene approximately 20 minutes north of the city of Charlottesville in the foothills of the Blue Ridge mountains. Ruckersville VA currently has 105 homes for sale. See them all here! 

[caption id="attachment_160" align="alignnone" width="786"] Ruckersville VA homes for sale[/caption]      The average list price for homes currently on the market in Ruckersville VA is $269,450. The number of active Ruckersville VA real estate listings has increased by 8.4% from the previous month. Homes are on the market for an average of 93 days before selling. 1.7% of the homes for sale in Ruckersville are distressed sales. 

Ruckersville VA real estate has 2 homes to report this week that have sold in Greene county Virginia.

• 5146 Amicus Rd Ruckersville VA 22968 - Located in the community of Twin Lakes Estates. This 3 bedroom, 2 bathroom ranch style homes was a foreclosure and sold for $142,000 on October 21, 2013. 
• 25 Hilltop Ct Stanardsville VA 22973 - Located in Evergreen Village, a 55+ community. This 2 bedroom 2 bathroom homes sold for $170,000 on October 22nd, 2013.

Interested in selling a home in Ruckersville VA?

Get Your Ruckersville VA Real Estate Value HERE!

AND

Contact Sherry Hayward, Ruckersville VA Real Estate Specialist

(434) 515-1592 - Listing Line

(703) 655-2223 - Cell, Call or Text me!

Shaywardkw@gmail.com

SELLER TIP

Buyers want the most house their money can buy. A large house with a choppy floor plan and small rooms can feel less spacious than a smaller home with an open floor plan. A clean, well maintained and spacious home is not only more marketable, but can often command a higher price. Here are some things to do to create visually more space.

• Position mirrors in the right places to make a room appear larger. Make sure the mirrors reflect what you want to see more of, such as a favorite painting or a lovely window.
• Choose a light color scheme to help open up a room. White, cream, pearl grey, or soft yellow seem more inviting and open because they reflect light.
• Clear out the clutter. Keep decorative objects to a minimum. Porcelain figurines are a distraction and be easily broken. Pick up newspapers and magazines. Put away or pack up unnecessary items from the counter tops in the kitchen and bathrooms. Clutter can make rooms seem smaller than they are.
• Minimize the amount of furniture you have in each room. Sell it or store it away.

Part of my expertise is helping sellers get their home ready to put on the market. When you call me to give you a comparative market analysis I am happy to make some suggestions for staging your home to get the fastest sale and the most money possible. Call me TODAY to get your house value and learn what I do differently! Sherry Hayward (434) 515-1592  Shaywardkwgmail .com

Real Estate Investing Greene County Virginia

Real Estate Investing In Greene County Virginia

Featured Articles

• Is Real Estate Investing Right for You?
• What to Know Before You Buy
• 6 Investment Tips You Can Use!
• The Trivia Block

Is Real Estate Investing Right for You?

Investing in property is simply another form of investment. Buyers can invest directly by purchasing property individually, or indirectly by investing in a managed fund or timeshare. Although real estate agents may understand the property market, prospective buyers should still seek independent advice, because property investment may not be right for everyone.

What to Know Before You Buy

Don't fall for pressure-selling techniques and high-pressure seminars

Some sales people can be extremely persuasive and persistent. They often use gimmicks like offering you a "once in a lifetime opportunity".

Determine your overall financial plans

Think about what you want to achieve financially and how soon you want to achieve it.

Understand the risks involved

All investments carry risks. Make sure you are comfortable with the risks associated with a particular investment.

Get advice

Decide whether or not you need professional advice. If you're dealing with a financial advisor make sure they're licensed.

Investing directly or indirectly

You can invest directly or indirectly in many assets, including real estate, through a managed fund. Time- shares are a type of managed investment.

Do your homework

Find out as much as possible about any investment you are making. Make sure you really understand the pros and cons of choosing a particular investment asset. Weigh the advantages and disadvan- tages against your financial goals.

Consult with your accountant

There may be tax issues to consider that you may not be aware of. Once you've decided to take the leap and purchase investment property, be sure to read and keep all documents you receive about your investment. If your asset is being managed by someone else, make sure they keep you updated on all pertinent information. Reputable investment managers will be happy to answer your questions and will expect you to take an interest in your investments.

6 Investment Tips You Can Use!

1. Hire and pay for skilled workers to do your renovations.
2. Location. Location. Location. Invest in the best location you can afford.
3. Be affordable for tenants by buying small and staying small.
4. Look at a property for what it can be, not for what it is.
5. Focus on the money coming in and going out - not the cap rate.
6. Don't go unique - choose rental properties that will appeal to anyone.

7. One More Thing...

   Real Estate Investment Trusts
   
   Real estate investment trusts, known as REITs, are entities that invest in different kinds of real estate or real estate related assets, including shopping centers, office buildings, hotels, and mortgages secured by real estate.
   
   There are basically three types of REITS:
   
   Equity REITS, the most common type of REIT, invest in or own real estate and make money for investors from the rents they collect.
   
   Mortgage REITS lend money to owners and developers or invest in financial instruments secured by mortgages on real estate.
   
   Hybrid REITS are a combination of equity and mortgage REITS.
   
   The Internal Revenue Code lists the conditions a company must meet to qualify as a REIT. For example, the company must pay 90% of its taxable income to shareholders every year. It must also invest at least 75% of its total assets in real estate and generate 75% or more of its gross income from investments in or mortgages on real property.
   
   Many REITs trade on national exchanges or in the over-the-counter market. REITs that are publicly traded must file reports with the SEC, such as quarterly and annual filings.

8. The Trivia Block

   What term refers to the unauthorized intrusion of a building or improvement onto another persons property?
   
   Such an intrusion is called an encroachment, and it often requires a surveyor's report of the property to support the claim.    

Interested in buying or selling real estate in Greene County Virginia?

Call Sherry Hayward, Realtor with Keller Williams Realty

 Greene County real estate specialist. (703) 655-2223

Have a House to sell in Greene County Virginia?

CLICK HERE For Your House Value!
 AND

Call Sherry Hayward for a FREE No obligation consultation. Learn what I do differently to get homes fast for top dollar! 

Call the listing line at (434) 515-1592

shayward@kw.com