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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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Nye Asks Banks, Mortgage Lenders to Aid Chinese Drywall Victims

In order to aid homeowners with chinese drywall issues Congressman Glenn Nye (VA-02) is asking banks and mortgage servicers to provide assistance to homeowners struggling with toxic drywall. On Thursday, Nye announced that he had introduced a Concurrent Resolution (H.Con.Res. 197) in the House of Representatives, calling on mortgage holders to allow homeowners to apply for a temporary forbearance in their mortgage payments.

Due to the toxic fumes emitted by the drywall, many families have been forced to leave their homes and seek shelter with friends, relatives and neighbors. Families that have been forced to move into rental housing now have to pay both the cost of their mortgage and the cost of renting.

Some homeowners have been successful in applying for forbearance, but not all lenders have been willing to cooperate.

Families in Hampton Roads are now paying for both rent and a mortgage on an uninhabitable home, and at a time when the economy is already struggling, this is simply too great a hardship,” said Congressman Glenn Nye. “Recognizing this issue in Congress and formally asking lenders to be a part of the solution will give families more leverage when working with banks or mortgage holders who may be unfamiliar with the seriousness of this problem. While we work to get families back in their homes, I’m going to try every possible avenue to offer them some relief.”

On Thursday afternoon, Nye discussed the resolution with more than twenty homeowners from Hampton Roads who had traveled to Washington to meet with lawmakers. Due to the size of the group, Nye arranged to move the meeting to the House Small Business Committee hearing room in the Rayburn House Office Building. Nye is the Chairman of the House Small Business Subcommittee on Contracting and Technology.

Last Saturday, Nye toured two homes in Virginia Beach that were built with toxic drywall and met with homeowners. In May, Nye toured the Virginia Beach home of Colleen Nguyen and held a meeting with approximately a dozen families to discuss the challenges they faced.

The text of Congressman Nye’s resolution, H.Con.Res. 197, is attached below.

 Download a Copy of Congressman Nye’s Resolution: H.Con.Res.197
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Foreclosure looms for Realtec/ Fords Colony Developer has defaulted on loans in Williamsburg, VA

fords colony williamsburg va Posted :August 8, 2009- 6 am

Have you been on the fence about buying a lot in Ford’s Colony in Williamsburg, VA ? Well now may be the time to get off the fence. Citizens & Farmers Bank, one of the lenders to Realtec/ The developer of Ford’s Colony will be selling 36 lots at a foreclosure sale next week. The combined assessed value of these lots is over $6 million.

Realtec has defaulted on a loan which has triggered a Trustee’s sale of quite a few properties it owns within Ford’s Colony. The sale is scheduled to occur on August 20th, 2009 at the James City County Courthouse.

This follows another legal proceeding against Realtec and Rocky Mount, NC Ford’s Colony development which I wrote about here back in May of 2009.

The list if properties, thirty six in total includes the following properties:

116 Knob Hill, 104 Knob Hill and 100 Knob Hill 224 Ashford Manor, 220 Ashford Manor and 204 Ashford Manor 201, 220, 216 and 204 Brick Hampton 140, 136, 128, 124, 120, 112, 108 and 104 Freshwater Bay 116, 108, 115 and 104 Entry Hill 100 and 116 Eagles Cliffe 104 and 100 Edenbridge 124 James Bray Drive 204 Coxmoor 124 and 168 Nottinghamshire 219 Oakmere Park 209 Kilton Forest 205 Royal County Down 205 and 208 Tralee and 101 John Pott Drive.

Most likely if no reasonable individual bids are received the lender will foreclose on the entire lot portfolio. The lots would then be marketed individually after the sale to net the highest return for the lender.

The Terms of Sale are: Cash and settlement must occur within 30 days of sale. A bidders deposit of ten (10%) percent of the successful bid may be required.

This information was from a public sale notice posted in a local Williamsburg VA newspaper on August 7, 2009

Update August 20th, 2009
Although the sale brought many interested parties no lots were sold at the foreclosure auction on Thursday. Five people bid on properties but all were outbid by the lender.

The lender ( Citizens and Farmers bank)  offered a special on financing of 3.99 percent interest,with interest-only payments for the first 36 months.

Stay tuned for further details. You can sign up for email updates here to insure you have the latest news.

 

Click here to search homes for sale in Ford’s Colony Williamsburg VA

Click here to search land/lots for sale in Ford’s Colony, Williamsburg, VA

This post was authored by local resident and REALTOR, John Womeldorf.  John is known around town as Mr. Williamsburg, for both his extensive knowledge of the historic triangle, and his expertise in the local real estate market.  His websites, www.WilliamsburgsRealEstate.com and  www.mrwilliamsburg.com   were created as a comprehensive resource about living in Williamsburg, with the hopes of selling a house now and again.  You can reach him at 757.236.8136 or John@MrWilliamsburg.com

Williamsburg VA Windmill Meadows New Homes Update

windmill meadows new homes williamsburg va Associated Developers and Beamon Construction have opened a new community off of Centerville Rd in Williamsburg James City County Virginia.  more information at www.williamsburgsrealestate.com Associated Developers and Beamon Construction have opened a new community off of Centerville Rd in Williamsburg James City County Virginia. 

The Village at Windmill Meadows is  a 40 acre community with new homes starting from the $400,000’s . Originally the site of a farm. The old windmill from that farm has been restored and now stands sentry at the entrance to the neighborhood.

Seventy Eight new homes are slated for construction. There two models finished and available for viewing.

 Search homes for sale in Windmill Meadows in Williamsburg/ James City County , Virginia

Williamsburg/ James City County Schools assigned at this time are Norge Elementary, Toano Middle and the new Warhill High School although there will be redistricting in 2010 when the new middle and elementary schools open. There is a high probability that the neighborhood will be zoned for the new Elementary and Middle Schools.

The new elementary school will bear the name of the late Dr. J. Blaine Blayton, a well‐known African American physician who practiced medicine for 50 years in the Williamsburg area and beyond. The new middle school will honor Lois S. Hornsby, a longtime fixture in the Williamsburg , VA community.

 

Explore Williamsburg/ James City County Schools website here

Fox Hill and Longhill Station are the nearest neighborhoods to Windmill Meadows.

windmill meadows williamsburg va Associated Developers and Beamon Construction have opened a new community off of Centerville Rd in Williamsburg James City County Virginia. Upon researching the approval of the neighborhood on the James City County Planning site I noticed that there is a restrictive covenant which prohibits outdoor irrigation of any kind from the public water supply. This apparently is part of A Water Conservation Agreement with our local water supplier JCSA ( James City County Service Authority). This is a pretty radical proposal. NO watering your yard !

It will be interesting to see if anyone installs a cistern to store rainwater. I am assuming this would be the only way you can water a yard in Windmill Meadows.

Homes are being built by Beamer Construction of Williamsburg VA. Beamer has built many homes in the area and was the developer of the Powhatan Secondary community.

The homes being built by Beamer Construction at Windmill Meadows are Earthcraft Certified.

EarthCraft House is a green building program that serves as a blueprint for healthy comfortable homes that reduce utility bills and protect the environment. The aim of the program is to help home builders be leaders in smart growth management and environmental stewardship.

Building an EarthCraft House is about constructing a healthy, more valuable home while minimizing environmental impacts. EarthCraft House follows a systems approach to home building that stresses an understanding of how the different components of a home work together. This approach results in a home that performs better, is more economical for the homeowner and costs little more to build than a comparable home built with standard construction practices.

EarthCraft House guidelines address energy efficiency, durability, indoor air quality, resource efficiency, waste management, and water conservation.

Today’s home buyers want to get the most house for their money. In addition to paying a monthly mortgage, home owners must also pay for utilities, maintenance and repair. All of these factors must be taken into consideration when determining the true cost of home ownership. A durable energy efficient house can be more economical and affordable even if it has a higher asking price than another home built with standard construction practices. (True cost of home ownership ).

 

Read more about the Earthcraft Home builder program in Virginia here

Contact John Womeldorf/ Mr Williamsburg for information on ALL New Homes and New Home Communities in the Williamsburg/ James City County/ York County, Gloucester and New Kent areas of Virginia.

You can email me here John@MrWilliamsburg.com or call me directly at 757 254 8136 

Location Map of the Windmill Meadows Neighborhood in Williamsburg VA

 

View Windmill Meadows-Williamsburg VA in a larger map

The Oaks at Fenton Mill, Williamsburg, VA- Community Spotlight

the oaks at fenton mill york county va The Oaks at Fenton Mill, located in Upper York County near Rochambeau Drive and Route 199, features homes by some of Williamsburg’s premier custom home builders including Wayne Harbin and Lawson Homes. The Oaks at Fenton Mill features rolling terrain, walking trails, a pond, recreational areas adn a picnic pavilliosn for resiedents. Home sites range in size from one-half acre to two acres.
The community developed by Lawson Homes is located on wooded property just over interstate I-64 from the retail centers of Upper York and James City counties, including Wal-Mart, Lowe’s, Home Depot, Starbucks and the new location of Sentara Community Hospital.
A variety of plans are available, ranging from ranchers to two story homes. A select group of Southern Living House Plans will be featured.Prices start in the $400,000’sThe community  features wooded country size lots, beautiful rolling terrain, walking trails, a pond, and recreational areas .The  wooded home sites range in size from one-half acre to two acres. 

Click here to search all homes currently for sale in The Oaks at Fenton Mills, York County, Williamsburg, VA

Schools for The Oaks at Fenton Mill York County
High School Bruton
Middle Queens Lake
Elementary Waller Mill

Location map of The Oaks at Fenton Mill 

Map picture
The oaks at fenton mill

Fairway Villas Photo Tour- Williamsburg VA Town Home/ Condos

entrancefairwayvillas.jpeg
fairway villas williamsburg va james city county condos
 fairway villas williamsburg va james city county condos
fairway villas williamsburg va james city county condos
fairway villas williamsburg va james city county condos
fairway villas williamsburg va james city county condos
fairway villas williamsburg va james city county condos
Fairwayvillas pool fairway villas williamsburg va james city county condos
 fairwayvillas trail fairway villas williamsburg va james city county condos
fairwayvillas playground fairway villas williamsburg va james city county condos

 

Read more about Fairway Villas here:

Search Homes and Condos for sale in Fairway Villas, Williamsburg, VA

Search All Condos / Town Homes for sale in Williamsburg, VA

Location Map for Fairway Villas:

Map picture

Buying property in a down economy

Vodpod videos no longer available.

more about “Buying property in a down economy“, posted with vodpod

 

 

 

TODAYs Meredith Vieira talks to real estate expert Barbara Corcoran about investing in a home in this troubled economy.

 

Thought I would pass this on for anyone considering buying a foreclosure/ Bank Owned Home in the Hampton Roads , Virginia area.

Most of the biggest real estate fortunes were not made in good times, but in bad times like this” Barbara Corcoran reminds us in this talk with NBC

It’s important perspective for Americans wondering how to invest in foreclosed properties without losing their cash or their credit rating.

In the 4-minute interview, Corcoran quips on the basics and the essentials of foreclosure investing,

  • “Everyone who loses their shirt loses it somewhere else.”
  • “Every big shark started small.”
  • “The house on the corner sets the tone for the block.”

She also lends some personal perspective to rent rolls, the cost of losing a tenant, and finding a good business partner.

Banks are anxious to sell their foreclosed homes and that makes this an ideal time for shrewd real estate investors.  If you’re new to the game, watch the video and take good notes.

Click here for a short one line listing of over 500 Foreclosed Bank Owned Homes Currently for sale in Hampton Roads VA.

For detailed up to date list of Bank Owned Foreclosed homes in the Hampton Roads Va area send me an email with Area & Price range John@MrWilliamsburg.com

Click this link to see Stats on Current Foreclosures in Hampton Roads VA

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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