Feature
Properties
|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 757-217-1912.
|
Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
The Alex Nova Real Estate Team
is one of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
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 
 |
About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
|
|
| Q |
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?
|
| A |
Monticello, begun in 1769, was later enlarged in keeping with its classical forms. |
| See More Real Estate Trivia > |
|
|
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.   
www.AlexNovaRealty.com is brought to you by
The Alex Nova Real Estate Team
NUMBER1EXPERT™ in real estate for
Chesapeake, Virginia Beach and Norfolk, Virginia Read The Alex Nova Real Estate Team's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERT™ 
