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  • psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813
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Colonial Williamsburg, VA – Video of Colonial Williamsburg & Golden Horseshoe Golf

Vodpod videos no longer available.  

Here is is short five minute video From Golfweek and GolfTV that will give you a feel for both Colonial Williamsburg and the multiple award winning Golden Horseshoe Golf Course.

 
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Where is Waldo and is he reading Mr Williamsburg’s Blog ?

feedjit

Apparently real estate in the Williamsburg and Hampton Roads  areas is of interest to readers worldwide. The picture at left was from early Saturday morning on March 14,2009. I have noticed more and more readers from all over the world perusing this blog.
As you can see on this day there were readers from Copenhagen Denmark, Calcutta, India, France, Salzburg, Austria and Khabarovsk, Russia along with many more from the U.S..

If you have any questions about the area, communities, neighborhoods,  golf, cultural activities, museums,recreation, homes for sale, sales statistics, financing a home, kids activities, shopping, opening a business, waterfront ,schools, condos, town homes,neighborhoods, living in or selling a home in Williamsburg or Hampton Roads VA please drop me an email at John@MrWilliamsburg.com  I am happy to answer any and all that I can. If I don’t have the answer I will know where to send you to for a response.

 

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Hampton Roads VA- Foreclosures

Are you thinking of buying a foreclosed home in Hampton Roads Virginia ? Freddie Mac is offering a Closing Cost incentive of up to 3.5% of your purchase price for all Purchase Offers received between October 23, 2008 – January 31, 2009, that close by March 14, 2009.

Homebuyers: Now, no matter where you looking to buy a home in Hampton Roads VA, owning your own home may be more affordable than you think! If you are currently renting or wanting to move up, Mr Williamsburg would like to help you on your way to homeownership. By teaming up with Freddie Mac Mr Williamsburg can help you receive up to 3.5%* of your purchase price in closing costs for any offer presented on HomeSteps homes between October 23, 2008 – January 31, 2009 that closes by March 14, 2009

To qualify for this great money-saving offer, just ask Mr Williamsburg to show you the available HomeSteps homes in your area and to include this closing cost offer at the time of your initial offer on a HomeSteps/ Freddie Mac owned  home. Then, upon qualified closing, you will receive your closing cost incentive.

No coupon required!

Saving up to 3.5%* at closing adds up! Just think, you could use your closing cost savings to purchase new carpet, new furniture – you name it!

This offer only lasts until January 31, 2009, so make sure and Call or email Mr Williamsburg today John@MrWilliamsburg.com  about HomeSteps homes/ Freddie Mac Foreclosed Homes in Hampton Roads VA

*As an example of your savings, if the purchase price of your home is $300,000, HomeSteps will pay up to $10,500 of your closing costs. This savings is money that you can use for moving expenses or new furnishings. (Please note HomeSteps will only pay up to 3.5% of your purchase price in closing costs, not to exceed the total closing costs.

Promotion is valid only on HomeSteps (Freddie Mac-owned) properties.

Terms and Conditions:

In order to redeem an Ask an Agent buyer’s closing cost offer or Selling Agent bonus, homebuyers/agents must purchase/sell a HomeSteps home between October 23, 2008 – January 31, 2009; sale must close  by March 14, 2009.

Terms:

  • Only HomeSteps (Freddie Mac-owned) properties are eligible.
  • This offer valid in the United States (including PR, VI and GU).
  • All offers submitted on or after October 23, 2008, and on or before January 31, 2009, are eligible.
  • Buyers Closing Cost offer must be mentioned to the HomeSteps Listing Agent at the time of initial offer on a HomeSteps home.
  • All sales must close escrow on or before March 14, 2009, to be eligible for Ask an Agent offers.
  • *Ask an Agent closing cost offer is valid only on owner-occupied, financed homes; a limit of 1% closing cost offer on owner-occupied, cash sales.
  • Closing cost offer may not exceed actual closing costs.
  • Investor sales are not eligible for buyer’s closing cost offer.
  • Ask an Agent offers are not valid on Auction or Sealed Bid properties.
  • Ask an Agent offers are not transferable and may not be combined with any other offer.
  • Seller reserves right to remove homes from “Ask an Agent” promotion or end promotion at any time.

If you are thinking of buying a foreclosure, short sale, REO or bank owned property or home in Williamsburg, New Kent, Gloucester, Yorktown, York, Newport News, Hampton, Isle of Wight, Suffolk, Chesapeake, Va Beach, Norfolk or any other areas of Hampton Roads email or call John Womeldorf John@MrWilliamsburg.com  757 254 8136 for an up to date list of all properties currently on the market.

Virginia Beach Real Estate- Median Income Facts

va beachHere is a surprising fact. Forbes Magazine looked at the 2004 US Census and came up with a list of cities with the highest median income.  You would think that LA, New York City would definitely be on the list of the top 10. Not so.

Surprisingly our own VA Beach was ranked 4th on the list.

Median income is the level at which half of the households make more and half less.

 San Francisco and Washington, D.C., are in the top 10 as well although New York, Boston and Miami are nowhere to be seen in the top ten. California cities make up 40% of the rankings, and the rest is made up by some surprising locales, including Anchorage, Raleigh, N.C., and Virginia Beach, Va. While pleasant places, they aren’t generally thought of as homes for the rich and famous.

What gives? A combination of local economic strength, geographical quirks and the limitations of the analysis, which measures the middle of the income distribution, rather than the extremes.

Newer cities also have higher median incomes than more established places, like Boston or Chicago, because they are growing and have people moving in rather than out. Look just outside the city of Philadelphia (which also did not make the top ten), for example, and you will see an abundance of wealthy suburbs.

Virginia Beach is also helped by its strong military economic base. Military areas tend to have less-extreme income distributions (a reason San Diego makes the list as well), and retirees in the area tend to have comfortable military pensions.

 

Rank

City

State

Median Household Income

Median Home Price

1

San Jose

California

$71,765

$625,000

2

Anchorage

Alaska

$61,595

$294,374

3

San Francisco

California

$60,031

$726,900

4

Virginia Beach

Virginia

$55,781

$192,000

5

San Diego

California

$51,382

$605,600

6

Anaheim

California

$49,622

$696,100

7

Raleigh

North Carolina

$47,878

$185,200

8

Seattle

Washington

$46,650

$310,300

9

Washington

District of Columbia

$46,574

$429,900

10

Honolulu

Hawaii

$46,500

 

Click here to search all homes, town homes, condos, building lots, 55+ communities, golf course communities both new and resale for sale in Va Beach , Virginia

Hampton Roads School Links Public and Private

If you are thinking of moving or relocating to Hampton Roads Virginia and want to contact any of the private or public schools in the regions the links are provided below.

 

 

I would also recommend visiting www.SchoolMatters.com to compare schools around the area.

Public School Links Hampton Roads Virginia

Private Schools in Hampton Roads Virginia

Colleges/Universities in Hampton Roads Virginia

 Mr Williamsburg.com " Williamsburg VA. Real Estate

 This information provided my Mr Williamsburg.com . A Realtor assisting home buyers and sellers in the Hampton Roads and Williamsburg areas of Virginia.

You can search all homes for sale in the area at www.MrWilliamsburg.com

Research the area at www.WilliamsburgsRealEstate.com

Or ask any questions about homes, neighborhoods, etc  John@MrWilliamsburg.com

 

 

Close out deals on New Homes in Hampton Roads Virginia

Year End Closeout! Every Day is Different! 
HURRY, only 1 deal per day on standing inventory homes will be accepted! 
 Don’t let the deals pass you by on this schedule of amazing incentives at Chesapeake Homes that will change every day! These incentives are designed to help you own the home of your dreams! 

 

Want more information on any new home deal closeout pricing in Hampton Roads/ Tidewater Virginia  ?

Contact John Womeldorf/ Realtor/ New Homes Specialist

Liz Moore and Associates

757 254 8136 John@MrWilliamsburg.com

 

www.MrWilliamsburg.com

www.MrHamptonRoads.com

Buying A home with ” No Money Down in Williamsburg/ Hamtpon Roads VA

There is no question that the country is in the midst of a cycle where credit is tight, and mortgage lenders are taking a conservative approach to residential home financing.  But, that doesn’t mean that there aren’t plenty of great mortgage programs available, that will suit just about any scenario that a prospective buyer has.

 I am surprised at how few people are aware of what is referred to in the industry as “down payment assistance” programs.  In essence, these are programs sponsored by non-profit organizations that offer grants for down payments to qualified buyers, which are funded by the seller.  In many cases these are compatible with traditional financing options such as FHA, and can mean that a buyer can secure their new home with no money out of pocket.

For a nominal processing fee (which can be paid by the buyer, seller or lender), these programs contribute up to 6% of the sales price toward the borrower’s down payment and/or closing costs.  Best of all, this gift does not have to be repaid!

This is also a great way for sellers to differentiate their listings to prospective buyers…offering to participate in a down payment assistance program and enable prospective buyers to buy with no money down may be a more effective marketing strategy than an equivalent price reduction in this inventory laden market.

 

 

Want to know more?  I’d be happy to help you and give you all of the details and help you evaluate whether a down payment assistance program may be a good solution for you!  E-mail me at John@MrWilliamsburg.com  

 

 

 

Down payment assistance and community redevelopment programs offer affordable housing opportunities to first-time home buyers, low-income and moderate-income individuals and families who wish to achieve home ownership. Here are just a few of the programs available in the Williamsburg, York, New Kent, Gloucester or James City Counties, Newport News, Hampton, Poquoson, Isle of Wight, Suffolk, Chesapeake, Norfolk, Va Beach, Smithfield or any other Peninsula, Southside, Hampton Roads or Tidewater Areas.

AmeriDream Program is a non-profit organization dedicated to helping people find affordable housing. Part of the AmeriDream mission is to help low and moderate income families buy homes by offering down payment assistance. Buyers who are qualified for an FHA loan but don’t have the money for down payment and/or closing costs are eligible to apply for AmeriDream down payment assistance:

  • A down payment gift of up to 10% (typically 3%-6%) of the purchase price.
  • A true gift-the down payment assistance is not repaid by the home buyer
  • Home buyer must have an approved FHA home loan or pre-approved FHA loan.

Nehemiah Program  has helped over a quarter of a million Americans purchase homes. Unlike some down payment assistance programs, Nehemiah offers down payment help to anyone who qualifies for an approved FHA loan. There are no limits on income or assets, but buyers must have an FHA loan or be pre-approved for an FHA mortgage. The Nehemiah program offers:

  • Up to 6% of the final contract sales price for down payment and/or closing costs.
  • Available for first-time and repeat home buyers.
  • Approved for new construction and resale homes.
  • No geographical restrictions.

As with most down payment assistance programs, these funds are not available for “second mortgage” or home equity loans; Nehemiah is intended to help people buy a new home. The process for applying for Nehemiah is similar to most other down payment assistance programs:

 

The Genesis Program also known as Grant America, is a non-profit down payment assistance program. It is operated by the Penobscot Indian Tribal Nation and technically qualifies as a government entity. Like other Native American tribal nations, the Penobscot tribal nation is HUD-approved to offer assistance, even to those living outside tribal jurisdiction. Grant America offers down payment assistance to low and middle income home buyers:

  • Those with an FHA loan or are pre-approved for FHA mortgages qualify for the Grant America program.
  • Grant America offers up to $34,000 in down payment assistance.
  • This program is open to those with approved FHA loans buying new or resale homes.
  • Program participation is not required to be included in the contract, but the seller must participate in the Grant America program.

Applying for any of these programs to buy a home with No Money Down in Williamsburg, York, New Kent, Gloucester or James City Counties, Newport News, Hampton, Poquoson, Isle of Wight, Suffolk, Chesapeake, Norfolk, Va Beach, Smithfield or any other Peninsula, Southside, Hampton Roads or Tidewater Areas is simple. All you need to do is Contact John Womeldorf/ Realtor and I will assist with all of the steps that include :

  • Getting pre-approved for an FHA loan or completing your FHA mortgage paperwork and getting approved for a specific FHA loan amount.
  • Finding a home you want to buy.
  • Contact one of our preffered mortgage lenders.
  • Our loan officer will complete a Grant application on your behalf.
  • The funds will be wired to the bank the day of closing the deal (or the day before if you close in the morning).