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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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Welcome! Here You Can Find Great Information on Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Suffolk, Virginia Beach, Virginia Real Estate  Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. Need local real estate information? We've summarized much of what is important about the Chesapeake, Virginia Beach and Norfolk real estate market in this site. Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's our job. Contact us with confidence! We guarantee your privacy will be respected. And we offer the services on this site for free and without obligation. Why? We want to be YOUR real estate agents. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As top Chesapeake, Virginia Beach and Norfolk real estate agents, we have the experience and track record you are looking for. Please let us help. - The Alex Nova Real Estate Team  
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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What does the term Curb Appeal mean?
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This term describes how homes look from the street; this first impression is very important to prospective homebuyers. |
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The Alex Nova Real Estate Team RE/MAX Allegiance 575 Lynnhaven Pkwy Virginia Beach, VA. 23452 Phone: 757-217-1912 Fax: 757-819-1200 Email: alexnova@NUMBER1EXPERT.com
Let us put our knowledge, experience, and dedication to work for you. Our primary goal is to provide the highest level of service to our clients and make the home buying or selling process more enjoyable. Give us a call today, and we will immediately get to work for you.   
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