Are There Any Tax Ramifications to a Short Sale?
Under normal IRS rules forgiven debt is treated as taxable income. Under the Mortgage Debt Relief Act of 2007, as extended by the American Taxpayer Relief Act of 2012, certain debt forgiven ...
Are There Any Credit Ramifications to a Short Sale?
Reportedly, there may be no significant difference in FICO credit score impact among foreclosures, short sales or deeds in lieu of foreclosure. However, this will vary greatly depending on t...
Inside View: the Chief Economist at the National Association of Realtors Speaks Out
The following is an excerpt from the recent issue of REALTOR magazine, where Chief NAR Economist Lawrence Yun speaks out about the real estate market:
11 Things Every Seller Should Know BEFORE You List Your Home for Sale!
1. What methods should be used to accurately pinpoint the value of your home? In this fast paced market, how will you be certain you are getting top dollar? How often are low appraisals enco...
Free Admission to Bush Gardens and Water Country for Active Duty
If you are stationed at Fort Eustis or Langley Air Force Base, Virginia, you might be thinking of visiting Bush Gardens or Water Country USA this Summer.
National Parks Pass Available for Free for Military Families
Summer is almost here! Why not spend some time visiting the beautiful parks this country has to offer?
Williamsburg, Va - One of the Top Golf Destinations in the Country
Considered one of the top golf destinations in the country, Williamsburg, Va boasts more than a dozen courses designed by some famous course architects including Pete Dye, Rees Jones, Robert...
Neighborhood Spotlight: Monticello Woods
Monticello Woods is a planned residential home community in the heart of Williamsburg. Centrally located just off the Monticello corridor, Monticello Woods is convenient to everything, and i...
Is It a Good Time to Buy a House?
Although traditionally people believe that the key to real estate is “location, location, location,” I would argue that it’s actually “timing, timing, timing.” Whether you are a first time b...
Good News in the Williamsburg, Va Real Estate Market!
The housing market is the bright spot in the economy right now, and that is especially true in Williamsburg, Va. We have been posting positive statistics monthly for over a year now, and wit...
Stroll Through the Colonial Era on Duke of Gloucester Street
Where else can you wander through a colonial era, greeting modern day locals, surrounded by old shoppes that offer a beautiful glimpse from the past? DOG Street, in Williamsburg Virginia, is...
Are you looking for waterfront property for sale in Williamsburg?
Then don’t miss River’s Bend at Uncle’s Neck! Just 15 minutes from town, down a relaxing drive off Forge Road, you’ll find this special community of waterfront homes along the shores of the ...
Your REALTOR’s Role – What Can a REALTOR Do for Me?
A real estate agent’s job is to help guide you through the complexities of buying a property. But, not everyone with a license is a REALTOR. A REALTOR is not just a real estate licensee, but...