Custom built 4 bedroom 3 bath home in central great bridge location. Granite countertops and breakfast bar in kitchen 1st floor bedroom with full bath. Master bedroom has trey ceilings and separate sitting area. Master bath with marble flooring and jetted tub. Look over the gorgeous in ground salt water pool from screened in deck. Circular drive in front.
Ocean View is huge! You have a wide variety of fantastic areas to choose from! This is Norfolk’s Oceanfront! (It is really Chesapeake Bay front) North of the neighborhood is water! Lots of properties here have stunning views of the bay! To the West is Willoughby and Willoughby Bay. To the East is East Beach and Little Creek. And by Little Creek, we mean, Little Creek Channel and Joint Expeditionary Base Little Creek-Fort Story, otherwise known as Little Creek with the locals. South of Ocean View, you will find other residential neighborhoods like Colonial Heights, Hewitt Farms and Camellia Gardens. Access to Interstate 64 is going to be provided from Granby Street or on West Ocean View Ave at 15th View. and 4th View. There is a very handy 7-Eleven right there on 4th View and Ocean View Ave that sells gas, but you’ll be paying a premium for gas there. It’s definitely not a discount gas station. With quick access to Interstate 64, you can get to Old Dominion University, Naval Station Norfolk, Hampton University and Fort Monroe in a few minutes.
It’s the beach life here! 2 legendary spots are the highlights of the entertainment. Greenies is a great weekend hangout! They have great food offerings including burgers and subs. They, of course, have a variety of spirits and libations. And if scenery is your bag, their back deck features a wonderful view of the Atlantic Ocean waterfront. The other spot is the Ocean View Fishing Pier and Restaurant. You can rent a fishing pole and buy some worms and catch yourself some fish. You can also get some pretty decent dinner here! They obviously feature lots of premium seafood and they have a couple of non-seafood options as well. The East side of Ocean View features a couple of popular nightlife hotspots, including Mac’s Place on the Bay, AJ Gators Sports Bar and Grill, Mona Lisa’s Pizza and Sandfiddler Cafe. Jesse’s Taqueria is a highly rated Mexican restaurant. Convenience stores line E. Ocean View Blvd from East to West. And be sure to check out Shipwreck Sally’s and Beach Pub Lounge Pizza. Fast food and shopping is abundant at 1st View and the Blvd.
I would love to show you more about Ocean View! I can get you in to see any of the homes for sale here. I can call the listing agent and schedule a showing for you. And I can help you negotiate your price and terms! If you would like more information, please fill out the form on the right and let’s get started!
The time has come and you are ready to buy, but before you start searching for your next home review this checklist. This list helps you prepare your budget in advance and guide you to financial success in the future.
1. Reduce Debt & Increase Credit Score: Before you start looking for your next home you should request a credit report. This will give you a starting point on understanding your credit score before you request a loan. Your credit score will influence the interest rate of your loan.
2. Save Money to Set Yourself Up with a Large Down Payment: While it is possible to purchase a home without a 20% down payment it’s best to get as close as possible. This will allow you to have a smaller mortgage rate, Avoid PMI, and receive a better rate. If you do not have a 20% down payment you may qualify for a VA or FHA loan.
As you begin the process to find your next home checking these items off your list will provide you with a more successful home buying experience. Our team is here to help you! Let us know the area and/or neighborhood you are looking to live along with your top needs our team of professionals will assist with finding your next home.
1 a : a right, claim, or interest existing or valid in
equity b : the money value of a property or of
an interest in a property in excess of claims
or liens against it c : a risk interest or ownership
right in property
Equity is the part of your property that you actually own. If you own property that’s worth $250,000, and you have a mortgage with a remaining loan balance of $100,000, your equity in the property is $150,000. Repeat home buyers usually rely to some extent on the equity in their current home to help buy their next home. The more equity you have, the larger the possible down payment for the trade- up home.
Home equity also equals security, especially at the beginning of a mortgage loan, so little of your payment goes to principal that equity builds slowly.
Naturally, building home equity comes at a price, usually in the form of larger payments. If building home equity means incurring debt to make ends meet, then you’ve defeated the purpose of building equity in the first place.
One way is to make additional principal payments. Additional principal payments make sense when you save more on your mortgage interest expense on an after-tax basis than you would earn on your investments on an after-tax basis.
If you are able to deduct your mortgage interest from your income taxes and your marginal federal income tax rate is 27 percent or higher, then your after-tax cost of mortgage debt is between 3 and 4 percent. For instance, if you earn 4 percent pretax on a five-year CD, and you’re in the 27-percent bracket for federal income taxes, the after-tax return is less than 3 percent.
Before you start making additional principal payments, use one of the many amortization calculators you can find on the internet to do the math – how much interest you would save if you made additional principal payments and how much it would shorten your loan and increase your home equity.
The other way to build home equity faster is to refinance. Recently, the reason most people have refinanced is to lock in a lower interest rate and/or lower their monthly payment. But you can also refinance to shorten the term of your mortgage, which builds equity.
If you had a $200,000 30-year ARM at 8.13 percent and replaced it with a 15-year fixed rate loan at 6.75 percent, your monthly payment would go from $1485.69 to $1769.82.
Most sellers use part of their equity to pay selling costs, such as brokerage commissions and transfer taxes. Also, if you are delinquent on your property taxes, or have other liens secured against the property, such as an IRS tax lien, these would have to be paid at closing.
Come see this lovely 2 story house on large corner lot in Stoneybrook subdivision close to all schools, shopping, Busch Gardens and military bases. 4 bedroom 2 baths. Breakfast area. Dining room, fully equipped kitchen. 7 ceiling fans. Wood fireplace. Carpet, ceramic tile, wood floors. 1 car garage & carport. Covered patio. Storage shed/ 2-16 SEER air conditioner, 2 zone. A must see house. Will sell fast.
EXITAgents have a huge advantage in selling your house faster and for more money! Our site gathers tons of buyers from all over Coastal Virginia! This is great for you because we get more buyers which turns into more offers, which turns into better price, a faster sale and better terms and conditions for you! Our broker is generous and makes eListings available to us! It is an extremely effective marketing tool which generates beautiful social media friendly marketing pieces including downloadable fliers, virtual house tours, websites, digital magazines and QR codes! All the hard work of making it beautiful is done already. So your EXIT Realty CentralREALTOR® spends most of their time looking for buyers for you!
Some real estate companies in Coastal Virginia offer to sell your house for a lower fee. And we totally understand the desire to pay less in fees. But would you rather pay less or end up with more money in your pocket? In today’s market, we are getting multiple offers, many of them are above asking price! Having a well trained REALTOR® is worth it in so many ways.
We do the traditional marketing that other agents do, because that is expected of us so often. But we recognized early on that the trend was shifting. The percentage of buyers going online to find their next home has been closing in on 100 percent for a while now. Most real estate companies are scrambling to get their properties onto the various real estate websites out there. We are already there of course. But we are head and shoulders above the rest thanks to our online marketing system!
Would you like to get information about your home? How much could you sell your home for? Could you rent it out AND buy a new one? Have the prices in your neighborhood skyrocketed or plummeted? We have the data! With just a little bit of information we can get that right to you! No obligation! We are happy to do it for you!
Amazing granite and marble kitchen w/newer appliances, breakfast nook & large dining room ready to entertain! Bar area & fireplace in den, living room wired for 8ch surround sound with dimmable uplit crown molding & wall sconces! Lighted walk-in closets, recessed lighting & HUGE backyard!
Whoops! We sold this one already!
Renovated Colonial With In-Law Suite In Great Neck!
Property Details for 2336 Custom CIR, Virginia Beach, VA 23454
Fully renovated 4 bedroom, 3 bath colonial home located in the Great Neck school district. Open floor plan with hardwood and ceramic floors throughout with a Mother in law suite. Situated on a 1/2 acre lot on cul de sac with a detached garage and irrigation system. Large fenced in backyard. Bring the pool plans!
OOPS! This one is already gone!
Drum Creek Farms Custom Home With Huge Master Suite!
Property Details for 2434 Drum Creek RD, Chesapeake, VA 23321
Large Custom Home in Drum Creek Farms. Prime Western Branch location on half acre lot. 5 BIG Bedrooms – each sleeps king bed comfortably. 3 Full Baths, including first floor bed & bath. Flexible & Function Floor Plan offers Formal and Casual Living Spaces. Eat in Kitchen seats 8-10 plus separate Dining Room. 2nd Floor Laundry. HUGE Master Suite with sitting area and private bath. Screened back porch and patio in large fenced back yard. Survey and Floor Plans provided by Sellers.