9922 Westhampton Glen PL. Offered for $675,000

SONY DSC

SONY DSC

SONY DSC

SONY DSC

Elegant, immaculate but practical transitional design built with attention to detail.  Details start right away with 3 sides brick arched windows, aggregate drive way and 3 car side load garage.  Open Foyer with archways leading to formal living room and dining rooms will leave your breathless. Coffered ceiling in dining room, wet bar off dining room with ice maker and wine cooler, detailed mouldings  throughout the house and on cabinets, wood floors on the first floor and second floor hallway.  Family room opens to a magnificent gourmet kitchen with arched openings, granite,  plenty of cabinet and a chef’s pantry.  Stainless steel appliances, double convection ovens, and 5 burner gas cook top, touch less faucet, and recessed lighting.  Separate eat-in area overlooking back yard.  Entrance from garage offers custom-built hanging and cabinet space above and below.  First floor study and guest suite with full bath.  Handsome 2nd floor owner’s suite with sitting area, two large walk in closets, award-winning master bath with jetted tub, multi head shower with seat, and double raised granite vanity with custom cabinets.  Large playroom on 2nd floor and added exercise room.  3rd floor is walk up with 1650 unfin SF roughed-in for separate HVAC and is easily expandable.  Aggregate walkways, front porch and driveway, and Blue Stone covered back porch and patio. Warm, inviting and great entertaining home for all sizes.  Move in today!

Gallery of Photos


Virtual Tour

Call today for a private showing.
Wes Atiyeh 804-370-0401
wes.atiyeh@joynerfineproperties.com

 

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Who are you working with ..Really?

This come ups from time to time when looking for a contractor, a hair stylist, a tattoo artist and yes a real estate agent or broker. All of which have a business license for that particular trade and all should be registered with DPOR. The Department of Professional and Occupational Regulations. The beauty of this site is that you can see who is has had Complaints against them, violated some sort of rules and regulations and what the status of their license currently is. In some cases it will tell you how much continuing eduction they have gotten in the last two years (for real estate licensees)

So if you are a home owner looking to Sell or a buyer looking to buy, do your do diligence and interview several agents but also check the DPOR website for more details on that agent. You will be surprised at what you will find.

It’s a Great time to buy!

 

Virginia home sales surge ahead (+9%) in February 2012
Posted: 23 Mar 2012 07:11 AM PDT\

 

 

 

 

 

 

In another sign of potential stabilization of the housing market in Virginia, home sales rose 8.6% in February 2012 as compared to one year prior.  This strong increase is after a 2.7% year-over-year increase in January 2012.  Virginia’s unemployment rate of 5.8% in January is the lowest level seen since December 2008 and provides a strong climate for growth in the housing market.

Download the full February 2012 Virginia Home Sales Report below which also highlights:

  • Monthly median sales prices only declined 0.9% in the past year.
  • Monthly sales volume increased 8.4% between February 2011 and February 2012.
  • Average days on market stayed level at 105 days in February 2012.

February 2012 Virgina Home Sales Report

 

Mortgage Rates hold near record lows….Sales of homes are up

Mortgage rates  held near record lows this week, with Freddie Mac reporting the average 30 year fixed rate at 4.0%. Rates have been below 5 percent for all but two weeks in the past year. Just five years ago they were closer to 6.5 percent. Ten years ago, they were above 8 percent.

Here are current rates for purchase loans on single-family homes greater than $150,000 with 20% down and 740+ credit scores . Please call for rates on refinances.

Conf 30 year fixed to $417,000: 4.0%
Conf 15 year fixed: 3.25%
Conf 30 year fixed ($417,000-$535,900):  4.0%
FHA 30 year fixed:  3.75%
FHA 5/1 ARM:  2.75%
Jumbo 30 year fixed ($528,750+): 4.25%

All rates reflect 1 origination, 0 discount points. Please note rates do vary by credit score, loan amount, rate lock period, occupancy and loan to value.

Renters Spending 5% More Than Home Owners

Renters Spending 5% More Than Home Owners.

Rising rents are forcing renters to outspend home owners on housing costs, according to a new study.

Since 2005, home owners’ housing expenses have climbed from 31.9 percent of their household budget to 33.2 percent. On the other hand, in that same time period, renters’ expenses have jumped from 35.6 percent to 38.4 percent, according to the October CoreLogic U.S. Housing and Mortgage Trends.

In the last 26 years, home owners have increased the amount they spend on household expenses by 12 percent while renters have increased it by 22 percent, according to the study.

Earlier this month, Capital Economics economists noted that for the first time in 30 years the median monthly mortgage payment is about the same — or less — than the median rental payment.

Yet, with the bleak job market, home ownership rates continue to fall in many parts of the country, particularly among younger generations. CoreLogic found in its report that the home ownership rate for the 25-to-34 age group dropped from 51.6 percent in 1980 to 42 percent in 2010. For the 35-to-44 age group, home ownership rates fell from 71.2 percent to 62.3 percent over that period.

Source: “Renters Outspend Owners on Housing,” RISMedia (Oct. 25, 2011) and Capital Economics

Read More:

Bargains Abound: What Are Buyers Waiting for?

 

Nothing but short on a Short Sale transaction.

Short sales are not for the weak at heart.  Time consuming and down right nasty.  Banks are overwhelmed with short sales, foreclosures and homeowners behind in payments that they just can’t keep up.  Maybe underground condos will be the next big thing!.

Seriously, if you have questions regarding a short sale make sure you talk to a specialist that can help.  There are a lot of short sale specialist REALTORS out there that are willing to help.  Short sales can be less of a negative impact on your credit report than a foreclosure will be are just some of the benefits of short sale.    For more information please don’t hesitate to email or call.

Westhampton Glen is a 35 home community just off Patterson Ave and west of Gaskins Road in Henrico County (Richmond, VA). Quiet and peaceful settings make this community easy access to Goochland, the westend, Short Pump, the James River, Downtown and plenty of shopping and places to eat. Homes are selling fast and this is the ONLY home being built for sale. Call or email for more information and details.

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