Harrisonblog

People, Places, Events, and Issues in Harrisonburg
(with an emphasis on real estate)

Harrisonblog header image 4

Understanding the Transfer of Property: Closing

March 24th, 2011 by Lisa Oates · No Comments




This is the third of a short series of posts about the transfer of property — the first was about title insurance, and the second was about tax aspects. The fourth (and final) post will be about deeds.
After a contract is signed — or ratified — by both parties (seller and buyer), [...]

[Read more →]

Tags: Buyers · Issues · Sellers

ShareThis

Tax Exemption for Solar Energy in the City of Harrisonburg

March 11th, 2011 by Lisa Oates · No Comments




A while ago we posted about using solar energy to power your home, and how EMU has been making Virginia history by installing the Commonwealth’s largest solar panel array. Solar energy is a very economical use of resources, and is becoming more and more popular. There have been tax credits available for those going after [...]

[Read more →]

Tags: Issues · News

ShareThis

Understanding the Transfer of Property: Tax Aspects

February 28th, 2011 by Lisa Oates · 1 Comment




This is the second of a short series of posts about the transfer of property — the first was about title insurance. Other things we’ll look at in this series: deeds, and escrow or closing.
Purchasing a property can be confusing because of all the ins and outs of the process — [...]

[Read more →]

Tags: Buyers · Issues · Sellers

ShareThis

Understanding the Transfer of Property: Title Insurance

February 15th, 2011 by Lisa Oates · 1 Comment




This is the first of a short series of posts about the transfer of property. Other things we’ll look at in this series: deeds, escrow or closing, and tax aspects.
We all pretty much understand insurance, right? There is a risk somewhere in your life (i.e. your car, your house, your life), so you [...]

[Read more →]

Tags: Buyers · Issues

ShareThis

Mortgage Interest Deduction: Summary and Current Issues

February 14th, 2011 by Lisa Oates · 1 Comment




You may have heard by now that the Mortgage Interest Deduction (aka “The MID”) is going through the wringer. Some changes to this tax deduction have been proposed by the Obama Administration, and it could effect many homeowners across the country. We’d like to describe what this deduction is and how it works, and the [...]

[Read more →]

Tags: Issues

ShareThis

Housing Affordability in the City of Harrisonburg

November 17th, 2010 by Lisa Oates · 3 Comments




How affordable is housing in our area? This is Part One of a two-part blog post, which will take a closer look at housing affordability in Harrisonburg (Part One) and Rockingham County (Part Two). Housing Virginia — along with the Virginia Association of Realtors®, Virginia Tech, and the Virginia Housing Development Authority — has created [...]

[Read more →]

Tags: Issues · Tools

ShareThis

What Does The Future of Real Estate in Virginia Look Like?

November 11th, 2010 by Lisa Oates · 1 Comment




Last month there was a convention for the Virginia Association of Realtors®. They discussed a wide variety of topics, but one that we think is most important to inform you of is the future of our real estate market. Here are some key notes about the economic forecast and real estate trends, both in the [...]

[Read more →]

Tags: Issues · Market Trends

ShareThis

Using Solar Energy To Power Your Home

November 2nd, 2010 by Lisa Oates · 5 Comments




It seems like everywhere I go recently, I hear about solar energy. Installing solar panels to conserve energy is becoming more and more popular, especially since there are tax credits available, and the fact that they pay for themselves within about 15 years. If you are living in your home for the long-term, consider installing [...]

[Read more →]

Tags: Issues

ShareThis

The Scoop on Two Proposed Constitutional Amendments Regarding Property Taxes

October 24th, 2010 by Lisa Oates · 1 Comment




There are two proposed amendments to the Constitution that would affect property taxes for some of you. Both of these proposed amendments will be on the ballots a couple weeks from now, so read on to make sure you understand the issue.
The first amendment proposes giving localities the ability to reduce the property tax burden [...]

[Read more →]

Tags: Issues

ShareThis

Planned Expansion and Beautification in Harrisonburg

October 13th, 2010 by Lisa Oates · No Comments




Harrisonburg has been undergoing a lot of construction lately — downtown beautification, and road construction around the new hospital and the bypass from Route 42 to Port Republic Road — and more is planned.
1. NORTH VALLEY PIKE. The North Valley Pike Project is in the works. According to their website, a public hearing was held [...]

[Read more →]

Tags: Issues · News

ShareThis