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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Inside LeBron James’s new Los Angeles mansion

Superstar LeBron James has doubled down on the Los Angeles housing market. Last month, according to TopTenRealEstateDeals.com, he purchased a $23 million gated property in the same Brentwood neighborhood where in 2015 he bought a $21 million home.

James, 33, has won three NBA championships — two with the Miami Heat and one with the Cleveland Cavaliers, his current team. He owns a third mansion in his hometown of Akron, Ohio.

The newly built 16,000-square-foot house has eight bedrooms, 11 bathrooms and high-end features such as a VIP guest suite, elevator, 1,500-bottle wine cellar and 10-car garage showroom.

In the foyer, 14-foot ceilings and antique marble floors reclaimed from Spanish villas provide an elegant entryway. At the rear of the house, full-length windows, some of which act as operable doors, draw in lots of natural light.

On the first floor, the home’s open-plan kitchen acts as a bridge between the great room and the dining room with wide entryways. Marble countertops, bright white cabinets, a walk-in fridge and La Cornue range give the kitchen the appearance of a private restaurant.

The great room adds a casual lounge area adjacent to the kitchen. From this perspective, the gold accents of the kitchen show off their functional side. The sculpted gold posts on either corner of the island give the impression of table legs, making the island feel more like a dining room table than a kitchen countertop.

The lower level of the home has one of several entertainment zones. A soundproof theater has a state-of-the-art sound system, and a cigar lounge has the same air purifying technology found in many casinos. The adjacent bar is built with an onyx countertop that appears to glow in the dark.

The home gym provides plenty of space for any professional athlete to keep all the equipment needed to stay in shape. A steam room, sauna, expansive shower and massage room are connected to the gym.

The master suite has its own private wing with dual bathrooms and walk-in closets. The wing comes with a private patio, marble fireplace and a private service entrance. The upstairs home office stays consistent with the rest of the home’s floor-to-ceiling glass doors that open to a patio, but here darker colors bring a subdued hue to the room.

A marble bench separates the bathtub and shower in one of two bathrooms attached to the master suite. One of the two master bathrooms has a private service entrance.

The private back yard extends past the length of the house, giving ample room for the oversized luxury pool. An open air cabana at the far end allows for more shaded outdoor lounge space. The sloping hillsides with heavily concentrated tree plantings provide extra privacy. A full outdoor kitchen comes with a built-in barbecue, several refrigerators, an ice machine and professional-grade beer taps. Floor-to-ceiling sliding glass doors create a seamless transition between the indoor and outdoor living spaces.

A  roof terrace provides another outdoor entertaining space with two fire pits, a pizza oven, large lounge areas and direct access to the elevator into the main house.

With densely planted trees and hedges surrounding the property, James has achieved the utmost privacy while still gaining views of the Pacific Ocean and downtown Los Angeles. The only thing missing is a basketball court.

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7 Signs Starter Homes May Be a Thing of the Past

According to Business Insider, one reason it’s more difficult than it used to be to find a starter home is that there are fewer homes on the market in all price ranges. In the fall of 2017, approximately 15 percent fewer homes were up for sale than at the same time in the prior year. Leading real estate site Trulia quantifies this trend for starter homes specifically, reporting that the number of available starter homes dropped nearly 44 percent between 2012 and 2016.

Related: 11 Awful Real Estate Photos—And How to Make Yours Great

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Why it may be unwise to refinance a low home mortgage balance

Q: Is it wise to refinance my mortgage if it has a balance of just $26,000? The loan was for 30 years at a fixed interest rate of 7.5 percent. I purchased the home and took out the loan in 1996. My payments each month include insurance and taxes.

A: Given that mortgage interest rates have been below 4 percent for more than 10 years, it’s odd that you’re asking about refinancing now. Unfortunately, given that you are 21 years into your 30-year loan, we doubt that you’d see much benefit by refinancing.

It isn’t that we don’t think getting a loan at today’s interest rates wouldn’t benefit you. They would. It’s that the cost of refinancing a home loan may outweigh the benefits of refinancing. And you’d be refinancing such a (relatively) small amount of money, that few lenders will be willing do the work to refinance your mortgage without charging you an outrageous amount of money.

At this point in your loan, you are paying off more principal than you are paying interest, and the cost of refinancing the loan may approach $2,000 to $3,000. It will take you a long time to offset the costs of refinancing with a lower interest rate on a $26,000 loan.

In the past, some readers have suggested obtaining a home equity line of credit or home equity loan because you might not have any fees to pay to obtain the loan. This might work for some borrowers, but typically rates on those loans are variable and the interest rate may not be that much less than what you’re already paying.

Even so, you might want to talk to a mortgage lender, a mortgage broker and a local bank or savings and loan to see what loan programs they might have that could work for you.

Our rule of thumb for a refinance is if you can lower the interest rate, realize a lower payment (excluding what you pay for taxes and insurance since that should be the same for any lender), and shorten the term of the loan, you’ve hit a home run in terms of a refinance deal, and you should go for it.

We realize that not every refinance can be a home run, and you may have good reason to trade off a longer loan term for a lower interest rate. If that’s the case, you should focus on offsetting the costs of your refinance with the monthly savings over a short period of time.

You’ll have to do some legwork to know what will be right for you. What we can tell you is that in the past many of our readers have complained that they can’t get lenders to help them out on a refinance when the loan balance is less than $50,000 to $75,000. Lenders may not make enough money on this size loan to make it worth their while.

You might get lucky and find a lender willing to help you out or find a loan product that suits your needs. Just remember, you’re only nine years away from paying off the loan. If you refinance into a new 30-year loan, you’ll be adding 21 more years of loan payments. To compare apples-to-apples, you have to make sure you understand what you will pay to refinance the loan, what your monthly loan payment will be, and what your monthly loan payment will be to end up paying off the loan over the same time as your current loan.

It won’t be easy, and you may just find out that you are currently on the lowest cost trajectory now, given the balance of your loan and the time left to pay it off. If you find out that it will cost you more money for any alternative, you should calculate how many payments you’ll save by simply applying those fees to your current loan balance.

Good luck.

Ilyce Glink is the creator of an 18-part webinar and e-book series called “The Intentional Investor: How to Be Wildly Successful in Real Estate,” as well as the author of many books on real estate. She also hosts the “Real Estate Minute” on her YouTube channel. Samuel J. Tamkin is a Chicago-based real estate attorney. Contact them at ThinkGlink.com.

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1890 six-bedroom, seven-bathroom waterfront estate on Maryland’s Eastern Shore listing for $5.995 million

If you relish the idea of living in a resort all year and you have deep pockets, the historic estate at 26849 Double Mill Rd. in Easton, Md., may beckon.

The Eastern Shore estate rests on 10 acres that include a tennis court, a basketball court, a skeet shooting range, a swimming pool and a dock on the Tred Avon River for fishing and boating. The dock has two boat lifts, running water and electricity. The grounds also include a separate guest house with a water view, beamed ceilings, a kitchen, a bedroom and a bathroom. Two garages on the property have space for seven cars. The parking bays are tall enough to accommodate boats in the off-season.

The main house, with an original structure built in 1890, includes six bedrooms, seven bathrooms, four fireplaces and more than 7,500 square feet of living space.

The house is listed at $5.995 million. The main level includes a great room with three sets of French doors to a flagstone patio, coffered ceilings and built-in cabinets. This level also has a large kitchen with two islands with marble counters, two ovens, two dishwashers, a refrigerator plus two refrigerator drawers and a wine cooler, a stand-alone icemaker and two freezers.

The house has two master suites — one on the first floor with a screened-in porch and one on the second level with a sitting room with a fireplace and a private balcony.

The estate rests on land between Easton and St. Michaels, so residents and guests can get to either town for shops and restaurants.

For more photos and information, click here or contact real estate agent Rob Lacaze with Long & Foster Real Estate at 410-310-7835.

To pass on a tip or item, contact us at realestate@washpost.com and put “Town Square” in the subject line.

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