Category Archives: realestate

Spotlight on the Aragona Village Neighborhood

Aragona Village on the Map
Aragona Village

See the Houses for sale in the Aragona Village Neighborhood!

Parks

Aragona Park, Williams Farm Park and Lynbrook Landing Park are all on the west end. The south end backs up to Virginia Beach Blvd, for quick access to Interstate 264 via the N Witchduck Rd exit. There’s a Walmart just south of the Blvd. North of the Blvd and south of the neighborhood, you enjoy the food of Hardees, Sonic, Chick-fil-A and Arby’s. Don’t forget Pembroke mall nearby and Town Center!

Nearby Neighborhoods!

Sommerset Lake
Lynbrook Landing
Ridgely Manor
Pembroke
Pembroke Meadows
Pembroke Manor

Aragona Village Median Sales Price: 10 years

Chart showing Aragona Village, Virginia Beach,  median sales price over the last 10 years rising.
Aragona Village median sales price over the last 10 years

Call 757-466-1009 for more information!

[srp_profile lat=”36.863998228216104″ lng=”-76.15022616863689″ address=”701 De Laura Ln Virginia Beach, VA 23455″ city=”VirginiaBeach” state=”VA” zip_code=”23455″]

Come See Why We Say We Have Unmatched Support!

Operators, Exit Logo, You are not alone with EXIT Realty's Unmatched Support
Unmatched Support From EXIT Realty Central

One of EXIT Realty’s true differentiators is our unparalleled support at all levels: Region, Franchise, Associate and Administration.

Associates

Offering abundant tools and resources is important but teaching agents how to use them to get, keep and grow their business is what really matters – EXIT Realty excels at both. EXIT‘s Resource Center offers training modules available on demand and includes a comprehensive tracking system in “My Reports” where associates can view their own production and that of the people they’ve sponsored.

Offices

EXIT provides many tools and resources to assist with brokerage administration. Training modules are available in the Resource Center 24/7, and webinar training with a support rep is available on EXIT‘s proprietary production software, MEMO. Once administration training is complete, unlimited ongoing support is available. EXIT‘s Resource Center contains many useful and customizable documents including an Administration e-Manual, helpful and mandatory forms, job descriptions, and much more to assist in the effective and efficient running of a brokerage.

EXIT’S Support

EXIT Realty’s experienced, professional support team is dedicated to helping associates and offices understand the various programs and resources EXIT has available. A support representative can be reached Monday to Friday, 10 hours a day, by phone, email or via live, online chat.

Feel like your brokerage dropped the ball on support? We love that! Come see how our company is geared from the ground up to support our agents! Call 757-466-1009 for Kimberly and schedule a confidential meeting!

Should You Get A New Home Or A Previously Owned Home?

Man and woman looking at a paper deciding new orpreviously owned home in coastal virginia New Or Previously Owned?

What kind of home are you looking to buy? New construction or previously owned? There are advantages to each approach.

Previously owned pros

  • You may not have the option to purchase or build a new construction home in your desired neighborhood. If location is a top priority, buying a resale home may be your only choice.
  • Established neighborhoods sometimes provide a stronger community base than newer developments.
  • Mature landscaping, including larger trees are typically not available with new construction homes.
  • Most home owners sell a property with all necessary appliances included, so you know the home is move-in, live-in ready.

New construction pros

  • Modern floor plans typically include popular room types and layouts that might not be available in older homes.
  • When you buy a new home, you often have the opportunity to choose the appliances you want and pick custom details like flooring options, window treatment, paint colors, etc. (Though these choices/upgrades usually come with additional cost.)
  • New homes are often constructed with energy-efficient materials and system including insulation, windows and heating/cooling systems.
  • Home builders often offer added protection to homebuyers by offering a home warranty.

If you would like additional information on which option might be your best choice or are ready to look at homes, please call us. We would be happy to help you!

EXIT REALTY CENTRAL

(757)466-1009

What Would You Do With One Million Dollars?

Boat, shore with houses, lighthouse, What Could You Do With One Million?
What Could You Do With One Million?

Listing and selling properties for our clientele is the core of our business at EXIT Realty with one special feature added; sponsoring! Our salespeople have a unique advantage to earn huge revenues from helping to build the company. Here’s how: If John sponsors Mary into EXIT Realty whereby she is recruited by management as a sales agent and she, for example, generates $100,000 in gross earnings annually, he receives an mount equivalent to 10% of this as a special bonus paid out by EXIT Realty Corp. International as her transactions close. This amounts to $10,000 for that year and would total $100,000 in 10 years. If John sponsors in nine others with the same sales production (again as an example), his bonuses would amount to $1,000,000 in that same time frame, and that’s on top of his own commissions! Could you do anything with this?

WHAT ARE THE CHANCES of you having $1,000,000 in the bank in 10 years based on what you’re presently doing?

Call 757-466-1009 and ask for Kimberly for a discreet appointment!

Contact The Office

Article by EXIT Realty Corp International

Meet Timothy Churchwell, Commercial Realtor®, CCIM

Portrait of Timothy Churchwell
Meet Timothy Churchwell, Commercial Realtor®, CCIM

Exit Realty

Exit Realty is one of the largest real estate companies in North America with thousands of independently owned and operated offices in Canada and the United States.  The company’s leaders have been recognized internationally as pioneers and strategic thinkers both within the real estate industry and in business.

Commercial And Special Markets Alliance

Exit Commercial and Special Markets Alliance is a group of commercial agents across multiple Exit Realty franchises who have standardized professionalism and training in commercial real estate.  The Alliance utilizes a collaborative, consultative approach with our clients.  We believe in working closely with our clients, forming long term, mutually beneficial relationships.  We cross train our agents to identify the needs and opportunities for our clients and team with appropriate specialists to meet those needs and opportunities.

Services offered by Commercial and Special Markets include:

Property Acquisitions and Dispositions

Investment Analysis

Property Valuations

Site Feasibility Analysis

Portfolio Analysis (Examining the risk and return of different properties within a real estate portfolio)

Tenant and Landlord Representation

Market Demographic Research and Forecasting

In conducting the above services, we often assist our clients with vendor relationship and management, financing, development, and facilities management, including property management.

Timothy Churchwell

Tim Churchwell received his BSBA in finance from East Carolina University and his CRPS from the College of Financial Planning.  He later earned his CCIM (Certified Commercial Investment Member), arguably the highest designation in real estate and has sat on the Executive Board for the Mid Atlantic chapter of CCIM.  He is the founder and managing director of the Commercial and Special Markets Alliance.  He has taught and consulted nationally on commercial real estate and guest lectured at Regent Law on commercial real estate.  During his career, he has earned numerous local and international awards.

Prior to entering real estate, Tim was a licensed New York Stock Exchange branch manager and was the founder and the managing director of The Cornerstone Advisory Group, a holistic financial planning division for a New York Stock Exchange firm.

Exit Realty Central LogoHe has sat on the board of directors for several organizations, including a federal credit union, an automobile buyer agency firm, and the Jefferson Davis Enterprise Zone and Business Incubator. He has consulted to organizations such as an international medical supply company, school district, financial services firms, real estate companies, and printing companies.

He is devoted to his family and community.  Some of his community involvements include Charter Member of the Huguenot Trail Rotary Club, board of Chesterfield CASA (Court Appointed Special Advocates), and President of the Smithfield Rotary Club.  When not working, he can often be found doing community activities with his children or hiking, boating, and traveling.

Meet Michael Cobb, REALTOR®

REALTOR® Michael Cobb with EXIT Realty Central

Do you want mediocre service, or demand inconsistent communication from your Real Estate Agent?

Does it makes sense to hold your professional agent to a lower standard than you hold yourself?

While that may seem a silly question, it’s important to know your answer before you continue reading. If you hold your agents to a higher level of expectation, and want the best experience possible, then Michael is the agent for you.

Like any quality relationship or marriage, Michael believes that establishing expectations early and practicing clear communication is the key to success in any Real Estate transaction.

Michael is an agent who works primarily through referral; he devotes himself to serving the needs of his clients before, during, and after each transaction. Where most other agents spend the majority of their time and resources prospecting for new business – things like door knocking or cold calling – Michael doesn’t have to, and will do an even better job working for you with complete focus and attention.

Your seal of approval and enthusiastic referral is Michael’s main priority

Here are a few key services he excels at providing…

Finding Your Next Home:

Did you know there’s a wrong way to look at homes? Finding your next home is not a process of selection; it’s a process of elimination. Once Michael has a good idea of the type of property you’re interested in, he will begin the process of eliminating neighborhoods and styles of homes that you’re not interest in.

Michael will have done his job when you feel educated to the point that when you walk across the threshold of a home, you’ll know what you like, you’ll know it’s a good deal, and you’ll be ready to buy.

Selling Your Property:

When it’s time to move, challenges will happen. You need someone who will follow knows the Complete Home Marketing Blueprint inside and out: advertising your home, showing to prospective buyers, negotiating the uncomfortable details, arranging financing, overseeing the inspections, handling all the paperwork and supervising the closing. Michael will take care of everything you need, from start to close.

Speaking of negotiating

Do you want to answer your phone at 7 in the morning and handle an upset buyer or seller… only hours before closing? Not only is it important to know how to negotiate the best deal and leave no money on the table, Michael also understands the importance of negotiating through the emotionally charged situations that always arise when making a substantial life change. 

As an agent who is also a Military Spouse and relocated to Hampton Roads, Michael uniquely understands the frustration and challenges of first time home-buyers and new arrivals in the area. Born and raised in Fort Worth Texas, Michael graduated from Texas A&M University in 2015 and moved to Hampton Roads two weeks later, while his wife was deployed in the Persian Gulf aboard the USS Gonzales.

Michael used his passion in Real Estate to meet new people, increase his knowledge of the local area, and build up his network. As an active member of TRIG – the Tidewater Real estate Investment Group – Michael has access to the largest buyer’s group in Norfolk, Virginia Beach, Chesapeake and Portsmouth.

Whether you’re an investor who is buying or selling a Fixer Upper, a young professional who is looking for her first house, or a family looking for your next home, Michael has the skills and connections to help you reach your closing day quickly and with peace of mind.     

Exit Realty Central Logo
Exit Realty Central

HomeTown: Portsmouth’s First Time Homebuyer Program

Money

The HomeTown Program provides financial assistance to qualified households who wish to purchase a home within Portsmouth City limits and who, without this assistance, could not do so. This program brings together the resources of the City of Portsmouth and Citizens Bank, N.A. to help eligible families overcome the financial barriers to homeownership. The program is administered by the Portsmouth Community Development Department.

At the time an applicant submits an application to Citizens Bank, N.A., the applicant, if eligible, will be invited to submit a HomeTown Application and Agreement. Community Development staff will review the applicant’s Application with a Citizens Bank, N.A. loan officer to determine whether you the applicant is eligible for participation in the HomeTown Program.

The level of HomeTown program assistance available to you is determined after first mortgage financing is pre-approved. A pre-approval letter will be issued by Citizens Bank, N.A. outlining the mortgage program for which you have been approved, the mortgage amount for which you qualify, your potential monthly repayment obligation and the amount of HomeTown financial assistance to be provided. Below is a description of the HomeTown financial assistance that may be offered.

Money Rolls

• First mortgage financing is available at a fixed interest rate for a 30-year term through a Citizens Bank, N.A. Mortgage Program. The Citizens Bank, N.A. loan officer will help you determine which first mortgage financing option best suits your situation.

• Down payment assistance is available through HomeTown in the form of a deferred loan at 0% interest secured by a second mortgage on the home purchased.

• Additional down payment assistance, if necessary, is available in the form of a “sleeper” 3rd mortgage loan at 0% interest through HomeTown. This loan is due upon sale of the property. The amount of assistance offered to you is based on your income and assets. The chart on the following page identifies the maximum amount of assistance available to households in different income brackets. The HomeTown Program reserves the right to adjust the income guidelines and other eligibility requirements as warranted.

A HomeTown staff person will contact all individuals and families who purchased homes through the HomeTown Program within six months of their closing date. The goal of this effort will be to help you, as a new homeowner, address financial or home maintenance issues that may have arisen since your home purchase.

Phone Lady

Inquire about this program by calling 757-466-1009

Your Checklist Before You Buy Your Next Home

hands, Pen and checklist featuring the words"Home Buying Checklist"
Home Buying Checklist

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.

Credit Card Image

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.

See The Houses For Sale, Illustration of House For Sale Sign, Grass, Sky, and a house.
Houses For Sale

Consult A Realtor at 757-466-1009!

Article by EXIT Realty Corp International