Posts Tagged ‘comparables’

What makes a Building Historic in Virginia?

We often read that Virginia is one of the richest states in historic buildings of the US. But what exactly is an historic building? Intuitively, we think of something very old. However, age is not sufficient, as there are some few other requirements to fulfill. Luckily, Virginia Law helps owners to give an answer to…

Read More

What Are Historic Districts?

Norfolk has twelve historic districts (5 of them are designated locally) and Chesapeake has ten nationally registered historic districts, which makes them two of the richest American towns in historic buildings. But what are historic districts? And what does it imply to be the owner of a building or home inside these special zones? A…

Read More

Short Sale

A short sale is an option that involves selling your home for a less amount than the one owed to the mortgage company. The net proceeds from the property sales usually fall short of the debts, and in this case, the lender agrees to this arrangement since the homeowner is unable to pay off their…

Read More

How Much is my House Worth?

This is one of the first and most natural questions that come up to your mind when it is the time to sell or purchase, no matter whether you are a buyer or a seller. However, a house value estimate is not as an easy science as it can appear at first sight; it is…

Read More