Understanding the Transfer of Property: Tax Aspects

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...

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Harrisonburg Neighborhood Tour: Battlefield Estates

Battlefield Estates is a mature neighborhood (with Civil War themed street names like “Confederacy” and “Dixie Ridge Run”), technically located in Penn Laird, off of Route 33 East between Harrisonburg and McGaheysville. It is tucked away from the main drag, and really the only traffic running through the neighborhood is...

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Understanding the Transfer of Property: Title Insurance

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,...

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Homeownership Matters! Solid Reasons to Own a Home

We are real estate agents and are, of course, heavily dedicated to the idea that home ownership is important. But don’t just take our word for it! Here are several solid reasons that owning a home is a great idea. According to a recent survey done by the National Association...

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Mortgage Interest Deduction: Summary and Current Issues

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...

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Home Sales and Statistics for Elkton, Virginia

Elkton, Virginia, is located about 20 minutes east of Harrisonburg on Route 33. Elkton, population of about 2600, is home to MillerCoors, Merck, and a brand new high school. It is situated along the south fork of the Shenandoah River, and celebrated its 100th anniversary in 2008, so Elkton boasts...

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