Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, click HERE!
Presenting an expansive corner unit with a delightful open floor plan! Revel in the upgraded kitchen adorned with stainless steel appliances, and ample counter and cabinet space. The kitchen seamlessly connects to a charming dining area, featuring sliding doors that open to a balcony, perfect for unwinding with a cup of coffee. Sunlight bathes the spacious living area through large windows, extending to a versatile flex room, ideal for use as an office or a third bedroom. The primary bedroom boasts a roomy ensuite and a walk-in closet, while a second full bathroom complements the additional bedroom, which also includes its own walk-in closet. Building amenities encompass a picturesque courtyard, recently revamped common areas, reserved parking, and secure building access. Centrally positioned, this condo provides easy access to Ghent, downtown, and various other attractions. Embrace the epitome of comfortable & stylish living!
Red Mill is a very sought-after area in Virginia Beach! It has a very Virginia Beach feel to it. On the East end is the Lagomar neighborhood and the Back Bay Wildlife Refuge. North is Dam Neck Estates, Pine Meadows and Dam Neck Road. On the West is the Strawbridge neighborhood, Mathews Green and Strawbridge Marketplace. South is Heritage Park and Hell’s Point Golf Club. Access to Interstate 264 is way up North via General Booth Blvd to Oceana Blvd or straight up London Bridge Rd. The Virginia Beach Oceanfront is minutes away, up General Booth Blvd! The Pungo neighborhood is close, and Sandbridge is a tourist beach not far away. You’re in luck if you like parks! All of Virginia Beach is park heavy! Including the area around Red Mill. Red Mill Farms Park is a huge park with 2 baseball diamonds on Sandbridge Rd. Nimmo Church is a beautiful old church that serves as a landmark for the locals. The Nimmo Meeting House for the church was built in 1791 which later became the sanctuary. The Strawbridge Neighborhood Park and the Ocean Lakes East Neighborhood Park both have great playgrounds for children to play! Ocean Lakes North Park is essentially a field. Culver Park has a nice playground and tennis courts!
There is a ton of shopping, dining and entertainment in the area! Get your groceries at Food Lion, Walmart, Target, Farm Fresh or Harris Teeter. There is a nice mix of common and uncommon dining options. Check out Chipotle’s, Tropical Smoothie Cafe, Firehouse Subs, Chili’s, Schlotzsky’s, Outback Steakhouse, McDonald’s and Panera Bread. But you could also look into these more unique restaurants: Primo Pizzaria, Lago Mar Pizza, Hip Hops Grill, Chowboy Republic, Rigoletto Italian Bakery and Cafe, Masola Bites, Boardwok and Volcano Sushi Bar! Don’t forget all the Starbucks on every block. other businesses include CVS, OfficeMax, HomeGoods, Michaels, T.J. Maxx, Home Depot, Coastal Edge, Dollar Tree and Regal Cinemas Strawbridge. Nightlife includes many of the restaurants and also includes A.J. Gators, Kelly’s Tavern, FIREBREW Bar & Grill, and Whiskey Kitchen!
Interested in health spots? You are in luck! There is 9Round Fitness, Fitness Together, Anytime Fitness, Orangetheory Fitness, iNLeT Fitness South, Princess Anne Recreation Center, Changing Lives Martial Arts Red Mill Walk, Natural Balance Spa & Yoga, Bayside Yoga Barre, Get In Shape For Women, GNC, Fat Frogs Bike & Fitness and Natural Balance Spa & Yoga!
You get the idea! There is a large amount of every kind of store here. This doesn’t detract from how calm and pleasant the neighborhoods are here.
I would love to show you more about Red Mill! 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 call 757-466-1009!
Everyone is always looking for the right agent with the tools and knowledge of Real Estate. If you’re looking to sell your home, purchase, or have any questions regarding Real Estate, EuNice Smith can be your Solution. She’s a Real Estate Professional. Whether you’re looking to buy, sell, 1031 exchange, or have any inquiries or questions, she’ll be readily available to tackle all your problems or assist in achieving your desires in Real Estate. Need some assurance? She is backed up by a seasoned Real Estate Group of EXIT Realty Central, an International Corporation located all across the U.S. Your goals, are her goals. If your goals are achieved, then everybody wins. EuNice is passionate about educating buyers and sellers on the real estate process and helping them find their dream homes. She also strives to help buyers gain financial freedom by investing in income properties. By taking advantage of the latest internet marketing tools, EuNice presents the properties she represents to the widest possible range of qualified buyers. She is often described as detailed oriented, honest, hard-working, innovative, and a pleasure to work with. EuNice was born and raised in Chesapeake and has never known a better City than this one, and the surrounding areas. She started working in Real Estate in 2018, and in 2019 as a Real Estate Agent for EXIT Realty Central. Coming from a background in Computer Science, Banking and Finance, Construction, Mortgage Loan Industry., Loan Signing Agent, Notary Public, Property Preservation Home Inspections, and Property Valuation/assessments experience, she grew further to understand Real Estate as a Real Estate Agent. She’s ready to assist clients find their dream home and grow the EXIT franchise. Let EXIT Realty Central be your solution in Real Estate. EuNice also enjoys traveling, watching basketball, listening to music and live bands at the local restaurant’s and outdoor events. She also strives to be a good citizen by volunteering for various organizations.
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.
At EXIT Realty, we pride ourselves on offering exceptional support to our associates and offices at every level, including region, franchise, associate, and administration.
Associates
For our associates, we understand that providing a range of tools and resources is not enough; we need to teach them how to use these tools to grow their business successfully. To that end, EXIT Realty has an extensive Resource Center that offers on-demand training modules. This center includes a comprehensive tracking system, “My Reports,” that allows associates to monitor their own production and that of the people they’ve sponsored.
Offices
Our offices also benefit from numerous tools and resources to assist with brokerage administration. Our Resource Center provides 24/7 access to training modules, and our proprietary production software, MEMO, includes webinar training with support representatives. Once administration training is complete, EXIT Realty offers unlimited ongoing support. Our Resource Center also contains many customizable documents, such as an Administration e-Manual, job descriptions, helpful forms, and more, to facilitate the effective and efficient running of a brokerage.
EXIT’S Support
EXIT Realty’s dedicated, professional support team is highly experienced and committed to helping our associates and offices take full advantage of the various programs and resources available at EXIT Realty. Our support representatives are available Monday to Friday for 10 hours a day and can be reached via phone, email, or live online chat. At EXIT Realty, we understand that providing unparalleled support is the foundation for our associates’ and offices’ success.
Looking for a brokerage that offers unparalleled support to its associates and offices? Look no further than EXIT Realty! Our comprehensive Resource Center, training modules, and dedicated support team are here to help you grow your business and succeed. Don’t settle for less when it comes to support – call Kimberly Plourde at 757-466-1009 to schedule a confidential meeting and learn more about how we can help you take your career to the next level!
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!
Sara Vaughn is a full time REALTOR who has been making her clients dreams a reality for over 12 years. Sara Vaughn’s extensive knowledge and experience in helping Buyers, Sellers and Investors provide her with a unique view of the real estate market and trends that she is able to share with her clients to help them make the best decision for their needs and desires. A long time resident of Norfolk, Virginia, Sara Vaughn sells residential properties in Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Hampton and Newport News (Hampton Roads area). Sara Vaughn also has a great understanding of the unique Real Estate needs of the Military. She previously Served the Military as a Civil Service Employee for over 15 years. Her husband served 16 years in the Navy and currently works as a Government Contractor. Sara cares about her community by being an active member of the Roosevelt area Civic League. Sara Vaughn is a warm and caring person who always has the best interest of others at heart, be it her family, her clients, or any person in need. As an agent who’s an expert in this local area, Sara Vaughn brings a wealth of knowledge and expertise about buying and selling real estate in the Hampton Roads. It’s not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you. Here are some of the things I can do for you: Find Your Next Home You need someone who knows this area inside and out! I can work with you to find the right home at the right price for you, including all the neighborhood amenities that matter – not to mention the essential criteria you have for your ideal home Sell a Home When it’s time to move, you need someone who will advertise your home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing. I can take care of everything you need, from start to close. Consult on Home Selling Tactics Often times buyers don’t visualize living in your home the way you do. I can make your home attractive to its ideal audience – which can help you get top dollar. Things like staging the home, making repairs or minor improvements, or even simply painting the walls can be the difference between a home resting on the market and one that’s sold fast. Sara Vaughn is here to help you throughout this wonderful Journey!
Jeanette is a full time REALTOR who has been has been in the real estate industry for approximately four years. She has worked with and learned from some of the industry’s top agents and coaches to enhance her understanding of the market and all aspects of real estate.
Jeanette was born and raised in Norfolk, Virginia. As a lifelong resident of Hampton Roads, she provides a unique view of the local real estate market as well as market trends. She is able to share with her clients the information needed to help them make the best-informed decision for their needs and desires.
Jeanette has a strong desire to help first time home buyers obtain their first home. Having grown up in an impoverished community, she has witnessed numerous neighbors, friends and acquaintances live their entire lives feeling as though they are stuck renting to landlords who don’t care about the neighborhoods in which they own property. Her desire is to give back to the community she loves by helping individuals obtain homes in which they didn’t feel they could obtain.
Jeanette earned a bachelor’s degree from Norfolk State University that provided the solid background on which her career has been built. Her work ethic did not start in the real estate industry but followed her from her past career: she was awarded Vascular Technologist of the year during her time with Sentara Vascular Specialist in Hampton, Virginia.
Jeanette is a member in good standing of the Local Association of REALTORS, State Association of REALTORS and the National Association of REALTORS. Jeanette feels that being a REALTOR is about more than joining professional associations, she believes REALTORS should be involved in the communities where they work and live. Jeanette has served in her local civic league in many capacities.
Exit Realty Central
Jeanette’s hobbies include Scuba Diving, Swimming, and Gardening. Her Garden preparations are underway.
Whether buying or selling, be it your first home, your last home, or building your investment portfolio, Jeanette has the knowledge and the experience to deliver the unsurpassed service you desire.
According to one study, making no cost/low cost changes can boost your home’s value $18,000. Why not implement some of the following suggestions to make your home more energy efficient?
1. Lower the thermostat on your water heater. If your hot tap water is too hot to touch, lower the temperature a few degrees.
2. Check for air leaking around doors. A lot of the air you pay to heat or cool escapes through unsealed doors. Install or replace worn weather stripping. Replace broken or missing storm doors.
3. Close the air vents in rooms not in use. For example, close the vents and shut the door to an unused guest room.
4. Keep heat producers far from your thermostat in summer. Floor lamps and televisions can significantly raise the temperature in the area near a thermostat, turning on your air conditioner too often.
5. Clean your furnace and air conditioner filters. Replace existing dirty air conditioner or furnace filters. During heavy use periods, replacement is recommended every 30 days.
6. Operate large appliances during low-use periods in summer. Use your washer and dryer and other heat-producers early in the morning or late at night. Use the air-dry method on your dishwasher to save energy.
7. Request an energy audit. Contact your local utility company to request a free energy audit. Most electric and gas companies will check for proper insulation, find cracks in the eaves or roof that could leak energy, and make recommendations for improvements. Some electric companies offer low-cost financing for such improvements.
8. Replace existing insulation. A proper barrier keeps heat and cold from penetrating your home’s exterior and provides for even temperatures between rooms. The EPA recently reported that proper ceiling insulation may reduce electric bills 20%.
9. Replace existing appliances. If money is no object, replace old appliances with Energy Star appliances, specifically created to optimize energy consumption. If your budget limits you to replacing one appliance, buy a new refrigerator; a new model could knock off 25% of your electric bill.
10. Buy new light bulbs. Replace incandescent bulbs with fluorescent.
11. Contact the U.S. Department of Housing and Urban Development regarding EEM Mortgages. EEMs provide benefits to borrowers purchasing a home that is energy efficient, or can be made efficient with improvements.
We help people buy and sell real estate! Call 757-466-1009 and let’s get started!
Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, click HERE!
Explore this 1940’s bungalow featuring 2 bedrooms, 1 bath, and a family room ripe for renovation. Sold as is, with no repairs made by sellers, this property offers an ideal opportunity to reimagine its charm. Schedule a viewing today and envision the possibilities for this timeless gem.
