Greetings Virginia Real Estate Team Client Appreciation Movie Night

Each summer, the Greetings Virginia real estate sales team with Keller Williams Realty team hosts a client appreciation party to acknowledge our past clients, friends, family, and referral partners. Our real estate sales business is largely referral based from our happy past clients that refer us to their friends, families, and co-workers are in the market to Buy a Home, Sell a Home, or Invest in Real Estate.

When you buy a home or sell property with Greetings Virginia, you become a part of our GV Insider’s Club where we become your advocates for life. In addition to inviting you to great events like our annual Movie Night, we will be available to refer any resource to you that you may need in the future. Our extensive connections include close, well vetted relationships with almost any resource that you may ever need. Need a handyman or plumber or a chiropractor or massage therapist? Just pick up the phone and call us and we will introduce you. This is just another way that we provide World-class Solutions to our clients and past clients.

Members of our GV Insider’s Club enjoy invitations to free events such as Movie Night as well as our Christmas Tree Exchange and Toy Donation. In addition, we also support unwanted, abandoned, abused, or stray pets to be rescued and placed into loving homes by helping Homeward Trails Animal Rescue.

 

Check out a few photos from our last Greetings Virginia client appreciation Movie Night:

 

Some brought their kids and had loads of fun!

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Your Home Sold in 72 Days Guaranteed

Guaranteed Home Sold in 72 Days – Greetings Virginia Real Estate Sales Network

Your Home Sold Guaranteed

GUARANTEED Home Sold in Virginia

While every agent will promise to sell your home, the reality of the real estate market today is that, this simply doesn’t always happen. Needless to say, this is highly frustrating to a home seller like you. Well, we set ourselves apart from most agents by being accountable to you. In other words, we don’t just promise to sell your home, we Guarantee it. Our Sell Your Home in 72 Days campaign is as simple as this:

We guarantee to sell your home in Virginia within 72 days or we will buy it.
As you can see, we put our money where our mouth is. Instead of making you empty promises, we give you a written guarantee of performance and if we don’t live up to this agreement, you pay us absolutely nothing at all. We’re taking all the risk so you don’t have to, and this gives our many clients much greater peace of mind in the home selling process.

Want to know more? Just fill out this short inquiry and we will contact you soon.

Your Home Sold GUARANTEED!

Your Home Sold GUARANTEED!

 

 

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5 Simple Ways to Stage the Exterior of Your Home Before an Open House

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com:

If you’re selling your home, chances are good you’re familiar with the concept of staging your home. Real estate agents recommend your home look its best to prospective buyers, and home staging is a great way to ensure you receive top dollar.

Did you know you should stage the exterior of your home, too? Failing to update the look of your home’s exterior can cause buyers to get a bad first impression when they initially arrive to view your home. Whether your target is luxury homebuyers or you are selling your starter home, staging the exterior will have a major impact on the sale of your home. If you want to put exterior home staging to work, here are five elements you should consider tweaking.



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Clean Your Exterior Windows and Screens
Nothing says poor maintenance like dirty windows and window screens. If your windows are caked with dust or muck from the last rainstorm, open house visitors are going to wonder what other maintenance jobs you haven’t attended to. Don’t give visitors the opportunity to question whether your home has been properly maintained or not; clean those windows and screens before hosting an open house.

Refresh Your Gardens and Walkways
Just like dirty windows are a real estate faux pas, so are unkempt flower beds. Weeds and overgrown bushes tell visitors you can’t be bothered with the small stuff. Spend a day removing weeds and trimming flowers, or hire a professional landscaper to refresh your gardens. It is amazing what a refreshed garden can do to your home’s curb appeal.

Refresh Your Home’s Siding
No, you don’t have to replace your home’s siding prior to an open house. A quick power wash could be all it takes to remove years of dust and grime. You can attempt this task yourself, but it might be worth your while to hire a professional—some homeowners have been known to damage their home’s siding by using too forceful a water stream.





Update/Clean Door Fixtures and House Address Signage
Something as simple as a new door knob or address signage can give your home a refreshed look. You needn’t spring for a new door; just update the face plate and/or door knob. Purchase new address numbers from the local hardware store and you’ll have tweaked the look of your home’s exterior in just a few minutes.

Clean Patio Furniture
Whether you have chairs on your front veranda or a dining set on your back deck, tired patio furniture can cost you big dollars when it comes time to negotiate with a potential homebuyer. Dilapidated patio furniture instantly gives a bad impression and can cause potential homebuyers to request replacement furniture as part of their deal. Spruce up your existing furniture with a quick power wash, or replace it if it is beyond cleaning.

Simple tweaks to the exterior of your home can have a big impact on your home’s final selling price. By spending just a few days improving the look of the outside of your home, you can increase the amount buyers are willing to offer and make your home the cleanest real estate listing on the block. Will you be trying these exterior home staging tricks when you list your home for sale?


Charles Muotoh is the owner of dcrealestateguru.com, a full-service real estate firm focused on leveraging digital marketing strategies to serve buyers and sellers of real estate in the Washington D.C. area.

For the latest real estate news and trends, bookmark RISMedia.com.

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Wells Fargo pledges $4.8 million to boost homeownership in Denver area

Wells Fargo is committing $4.8 million to help increase homeownership in the Denver-Aurora area as part of partnership with NeighborWorks America and its network member Community Resources and Housing Development Corporation.\

The partnership is part of the NeighborhoodLift program, which provides down payment assistance to average- and lower-income homebuyers, veterans, military service members, teachers, law enforcement officers, firefighters, and emergency medical technicians.

Wells Fargo previously brought the NeighborhoodLift program to Denver in 2014 and helped 252 families buy a home.

Through the program, certain buyers are eligible to receive a $15,000 down payment assistance grant.

“Affordable housing is the foundation to building a strong and healthy Denver,” Denver Mayor Michael Hancock said. “For our families, veterans, teachers, first responders and others working to own a home, this program can be a catalyst for achieving this dream.”

To be eligible to receive the down payment grant, the borrowers’ annual incomes must not exceed 80% of the local area median income, which in Denver-Aurora is approximately $67,100 for an individual homebuyer with a family of up to four people (and about $72,500 for a family with five members).

Conversely, veterans and service members, teachers, law enforcement officers, firefighter, and emergency medical technicians may earn up to 100% of the area median income, which in Denver-Aurora is about $83,900 for up a family of four and $90,650 for a family of five.

Approved homebuyers will have up to 60 days to finalize a contract to purchase a home in the Denver-Aurora area to receive the grant. Participating buyers can obtain mortgage financing from any qualified lender, not only Wells Fargo, and CRHDC will determine eligibility and administer the down payment assistance grants.

To earn the full grant amount, participants buying a primary residence with the NeighborhoodLIFT program must commit to live in the home for five years. Borrowers are also required to participate in homebuyer education classes.

“The NeighborhoodLIFT program is another example of our commitment to the greater Denver-Aurora area and our efforts to building better communities through sustainable homeownership,” said John Sotoodeh, Wells Fargo regional president. “In addition to being tailored for average- and lower-income homebuyers, we enhanced the program for veterans, military service members, teachers, law enforcement officers, firefighters and emergency medical technicians in honor of the services they provide to the community.”

According to Gary Wolfe, regional vice president, Western region, NeighborWorks America, the “innovative public-private collaboration” will create more than 240 new homeowners.

“Homeownership is a cornerstone of economic vitality for families in Aurora, and we are so pleased to be able to partner with Wells Fargo in providing new opportunities to first time homebuyers,” Aurora Mayor Steve Hogan said.

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Marcello Mastioni joins Altisource as real estate marketplace president

Altisource has announced the appointment of Marcello Mastioni to the newly formed position of president, real estate marketplace.

Mastioni will join Altisource’s executive team in the company’s Luxembourg headquarters. He will be responsible for driving growth by focusing on digital experience and strategy across Altisource’s consumer- and investor-focused marketplaces including Owners.com and Hubzu, a 2017 HousingWire Tech100 winner.

“We’ve built an impressive portfolio of unique online real estate capabilities, and there continues to be an incredible market opportunity to bring greater transparency, ease and other improvements to the home buying and selling experience,” said William Shepro, chief executive officer of Altisource. “Marcello’s digital expertise has enabled him to substantially grow online brands in their respective categories, and we are looking forward to him working to replicate this success at Altisource as he accelerates our growth across our online real estate businesses.”

Mastioni is joining Altisource from HomeAway, where he served as the vice president and managing director of Europe, the Middle East and Africa, overseeing the company’s operations throughout those regions of the world. Prior to HomeAway, Mastioni was the director of strategy and business development for Expedia. Earlier in his career, Mastioni was the head of retail and consumer goods industries at the World Economic Forum and led the operations of a technology business for General Electric.

“Online marketplaces have revolutionized many industries, and real estate is the next big opportunity,” said Mastioni. “Altisource has invested in the technology and talent and has the industry expertise to be the leader in online real estate transactions for consumers and investors.”

mastioni

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Cash home sales increase as competition heats up

Cash sales are one the rise in the competitive housing market, significantly above historic levels, according to Freddie Mac’s monthly Outlook for August.

Mortgage originations are decreasing due to the increase in cash sales, the report showed. While not popular among homebuyers, the highly competitive market is driving more buyers toward cash sales.

“Usually, not many people like to invest a lot of cash into real estate, which is illiquid and has high transaction costs,” Freddie Mac Chief Economist Sean Becketti said. “However, in the current, highly-competitive housing market, a cash offer is an effective way to gain an advantage over other bidders.”

Cash sales made up about 18% of total home sales in June, up from the historical average of 10% but down from the previous peak of 35%. If cash originations remain around the 20% mark, this will translate to $172 billion less in mortgage originations than would occur at the historic norms.

“In a cash sale, the seller doesn’t have to worry about the buyer’s ability to obtain a mortgage or the chances that an appraisal will come in below the agreed sales price,” Becketti said. “And each cash sale means one less mortgage origination.”

The increase in cash sales isn’t the only thing holding back originations, as housing inventory is also holding back sales. Housing starts are expected to improve during the second half of the year, but will still come in lower than their long run average at 1.24 million this year.

As mortgage rates remain below 4%, home sales could reach 6.2 million units in 2017, according to Freddie Mac’s predictions, up 3% from home sales in 2016. But Freddie Mac explained sales would be much higher if inventory were less tight.

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Beverly Hills developer ordered to pay $7.5 million for bilking investors in home flipping scheme

Jay Belson, a Beverly Hills broker and developer who specializes in luxury real estate, will pay more than $7.5 million in a settlement with the Securities and Exchange Commission, which accused Belson of defrauding investors in a series of house flips in Southern California.

The SEC complaint alleged that Belson and five companies he controlled, Smarte Real Estate Investments; Jack Rockman; John Blackstone; Residence at St. Ives; and Bellagio Place Residence; made false promises to a number of investors, including telling the investors that they would earn a minimum rate of return and be able to share in the profits from successful house flips.

According to the SEC, Belson also allegedly told his investors that he and his companies would only make money from the profits on successful flips or through “specifically identified development and management fees.”

Via these “false promises,” Belson raised approximately $18 million from at least 23 investors, the SEC said.

The SEC complaint states that instead of only taking money in those specific circumstances, Belson allegedly stole more than $1.8 million in investor funds.

According to the SEC, Belson pocketed some of the money and used some of the money to cover certain operating costs, including office rent, utilities and salaries.

Belson’s alleged malfeasance was discovered by one of his largest investors after Belson failed to pay the appropriate returns back to the investor.

According to the SEC complaint, the investor in question demanded and received access to the companies’ bank and accounting records. The investor then analyzed some of the bank records and discovered that Belson had allegedly been misappropriating funds.

The investor then confronted Belson about the alleged theft, accusing Belson of “taking other people’s money to support your life in hopes that we made a profit to make people whole, while putting everything in jeopardy.”

According to the SEC, Belson then admitted to the theft, stating (via the complaint) “You’re 100% right [….] i’m [sic] not sure how I got my attitude so twisted up on this.”

As part of the settlement, Belson neither admitted to nor denied the SEC allegations, but chose to settle nonetheless.

Under the terms of the settlement, Belson and the companies he controlled agreed to the entry of final judgments “permanently enjoining them from violating the charged provisions of the federal securities laws, ordering Belson and the entity defendants to pay, jointly and severally, $1.9 million in disgorgement and interest, ordering each of the entity defendants to pay approximately $905,000 in penalties, and ordering Belson to pay a penalty of approximately $1.1 million,” the SEC said.

The settlement is pending court approval.

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