Northern Neck News and Real Estate Updates September 2007
Top_Header_ReMax

Northern Neck Navigator

Search All Northern Neck Listings
About Ken Smith
Northern Neck Locations
Newsletter
Calendar
Site Map
Ken Smith Home
Search RE/MAX


Northern Neck Real Estate

If you usually don’t read this newsletter and pass straight to the Search Listings part I truly hope you will read it this time.
For months I have been telling people what an opportunity exist for buyers if they will make an offer. Remember all things are negotiable and sellers are negotiating.
I realize that there is some apprehension out there about the housing market because of this sub-prime lending. Let me ask you this, “Are you a sub-prime borrower?”
Well neither are the owners of waterfront homes here in the Northern Neck but this sub-prime meltdown has had an effect on the innocent too.
Most waterfront properties are owned by people that don’t have to sell. While this is true most sellers are anxious to sell and they are hearing the same information that you are.

Our MLS was just upgraded. While I cannot search for DOM (days on market) I can search for properties and ask that DOM be included with the results.

I feel as though this will be one of the best tools I have available because it might help in determining which sellers might be the most anxious to sell. An example of this would be a home that has been on the market for 270 days might have a seller considering an offer he would have rejected in April especially if he is now looking at carrying the property through the winter.
If you would like for me to conduct a search for you that will show DOM then email with criteria for the home or land you would like to find. Please include the price that you do not want to go above and please specify if you want waterfront or non-waterfront. If you see one that looks promising ask for a complete listing history and you can also see if and how many times a property might have been lowered in price. Working as your Buyer’s Agent there are services I can provide that you might not realize exist.
Of course you can always conduct your own search of the Northern Neck MLS but you will not be able to see DOM.
Please allow some time for me to respond as I expect to receive a lot of request BUT I will respond.

Have you looked at my blog lately? I usually find it a chore to write but last month I wrote a few post about crabbing. As most of you know my passion is the water and fishing whether it be commercially or for sport. Take a look and comments are appreciated.
This month's Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.
This month's issue includes topics such as:
  • Homeownership Is Good For You
  • What Is The Fed's Discount Rate And Does It Affect Housing
  • Selling Your Home in a Slumping Market
  • Pre-approval Means More Than Just a Lender Letter
  • New Trends for Everyone at International Builders Show

Ken Smith
Re/Max Waterfront Realty
79 South Main Street
Kilmarnock, VA 22482
Ken@KSmithre.com (804) 366-2325
Local Goverment Link Patners Rally Troops Other Services Newsletters ------- -----