Virginia Beach Real Estate Assessment - Virginia Beach Neighborhoods

The best neighborhoods, homes for sale, and helpful information from William Layton, Wainwright Real Estate.

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Virginia Beach Real Estate Assessment

February 17th, 2010 · No Comments · Neighborhoods, Virginia Beach

Is my Virginia Beach real estate assessment the same thing as market value?
The short answer is “no.” But it should be in the ball park. The City of Virginia Beach Real Estate Assessors Office does its best to assign a value to every property for tax purposes.

The current tax rate is $0.89 for every $100 [...]

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Listing Your Home In Virginia Beach

September 21st, 2009 · No Comments · Homes, Neighborhoods, Virginia Beach

There is a trick to selling your home quickly in today’s market. Present your home in its best light and price it very close to where it is most likely to sell. Your home will stand out because it shows nicely and is priced fairly. This brings lots potential buyers and multiple offers very close [...]

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What is a short sale?

June 25th, 2009 · No Comments · Neighborhoods, Virginia Beach

John and Jane bought their home in 2006 for $400,000 with a 20% down payment ($80,000). Today, the market value of their home is about $300,000 and there is a 10 months supply of homes on the market in their neighborhood. They have $5,000 is savings and John expects to lose his job in the [...]

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How Long To Sell?

February 23rd, 2009 · No Comments · Homes, Virginia Beach

I get this question more than any other. “How long do homes stay on the market” or “How long will it take for my home to sell?” There is no textbook answer because every house is different. The market time for homes in Virginia Beach varies widely.
Here’s an example of a home that I sold [...]

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Virginia Beach Home Prices

January 30th, 2009 · No Comments · Homes, Virginia Beach

When will it get better?
Everyone wants an answer. Jim Cramer, the talk show host of Fast Money on CNBC, says June 30th will be the housing bottom. He worked at Goldman Sachs for years and appears to know what he is talking about. I am doubtful of this claim because everything that I see points [...]

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Live Close To Work

January 29th, 2009 · No Comments · Neighborhoods

Studies have shown that a person’s happiness has more to do with the length of his/her commute to work than with the size and quality of his/her home. I tend to agree. The happiest I have ever been with my home was when I lived on Atsugi base in Japan, a five minute walk to [...]

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House Hunting 101

January 19th, 2009 · No Comments · Virginia Beach

This is a true story of couple who bought a home in 2008. They are fantastic people and we had loads of fun house hunting. Our adventures taught us some valuable lessons from which everyone can benefit.
The Jones (I changed their name) wanted to retire in a waterfront villa with a private yard. This sounded [...]

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