Well Built Traditional Home – $289,900

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Bedford VA real Estate, homes for sale in Bedford VA3 bedrooms, 3 baths, 2 car garage, on a 23,348 sq.ft. lot
Well build pristine home is ready for you. All you have to do is bring your furniture. Large master with whirlpool and separate shower, nice kitchen, laundry upstairs and in the garage. Formal living room and large kitchen on the main floor lead to screened in porch and an open deck. Partially finished basement has a rec room and a dean area, unfinished is storage and workout room. This home will not last long.

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August 2012 Sales

2012 is shaping up to be a good year for home sellers in Virginia. This year Virginia had a 7% growth in sales and when we talk to other agents they tell us they are seeing a recovery also. These numbers are based upon sales as reported by the Real Estate Boards in Virginia.

Each market is different but Bedford VA is going strong. Call Witt-Fogleman for a review for your neighborhood.

Repairs after the Derecho

Repairs after the Derecho

Many Bedford and Lynchburg residents are finding out their insurance is not what they thought. Insurance companies are taking into account depreciation  for the value of repair. For example, if you have 20 year shingles on a 15 year old roof that was damaged during the storm. Most insurance companies will only pay the value of the roof to last for 5 years. often this will not cover the cost to repair the roof. Furthermore, downed trees that did not hit a house or a car are usually not covered under most insurance policies. So if you have a downed tree or even dangerous snapped in half and hanging in the air, you will have to pay out of pocket to take them down.

How do you avoid this problem. Have a long talk with your insurance agent. Often when people talk insurance they look at getting the lowest price. In order to get a lower price you may be giving up something that you will need.

We recommend you call Eddie Sitzler and have a serious talk about what types of coverage you need in your home, auto, and yourself.

Lynchburg Second Quarter Sales Show Market Improving

Second quarter sales stats have been released by the Lynchburg Association of Realtors. The market is showing improvement not only in the amount of sales but also in home values.  Home values during the second quarter have risen 4%. The Va Association of Realtors second quarter stats also show increase in sales and values. Market statistics show an 11% increase in volume of sales over last year.

VA assoication of realtors

 

Open Houses in Bedford VA

Home for sale on Vistarama Bedford VAI love a great open house!  Today, I held an open house at 1310 Vistarama in Bedford, VA.  I had a couple of people come by because they remember what it looked like when Dr. Jennings lived here with his wife and they worked so hard for the community.  She would sew for the local theater and churches and whoever else needed anything.  Such great people, loved by many.  Everyone is overly pleased by the remodel and upgrades in this Bedford VA home.  The entire upstairs was gutted.  New wiring, new brand new red oak floors, handmade molding frame the doorways, gorgeous molding everywhere.  Lots of new but also plenty of character from this well built home, born in 1968.

“Have you gotten an offer on this house yet?” asked one couple who came through.  “Not yet but we had a great showing last week and they have decided between this and one other house.”  I found they are working with another agent, a great motivated agent who I am excited to work with to make this happen!

I had another couple come through, just starting the process of upsizing.  Do we want to build a home in Bedford?  Do we want to move into another existing Bedford property and build at a later time?  “Oh, man,” they said.  “We were really hoping we would hate this place.  But we don’t.  This is a forever house,” they said with a lust in their eyes.  One can love real estate the way they can a person.  Each property is as individual as a person.  We love people, we love real estate.  Moving around Bedford, VA doesn’t take a lot to keep the amenities you’re used to but have more privacy in the county.  For a smaller city, we are blessed by the larger county surrounding us, giving us peace, the mountains giving us support and comfort and still having the convenience of shopping just 5-10 minutes away.

In case you missed the 1310 Vistarama open house this Sunday, call me, Wendy Witt, or your real estate agent for your appointment.  I always knew you wouldn’t be disappointed.  Now I have the feedback of a good 10 people who agree.

 

 

 

3 Bedford Homes Open This Weekend for National Open House Week!

The Witt Fogleman Team is proud to announce they will have three homes open this weekend in Bedford for National Open House Week.

1106 Ashland Ave Bedford home for sale1106 Ashland Ave. Bedford VA-Incredible opportunity for this sweet Bedford home where character abounds in a wonderful location. 1948 brick cape cod with dentil molding exterior trim, newer roof (5 years old, architectural shingles), original front shutters, well maintained brick patio and concrete terrace. Exceptionally built, the walls are built of cinderblock and brick with lath and plaster finish. Interior details include colonial doors, brass hardware, cornice and chair rails. Home has 1-2 (exact size?!) oak hardwoods throughout. Two beautiful wood burning fireplaces, one in the living room, one in the den/library. Library has beautiful built-ins on either side of the… fireplace. Many updates in October 2011: 3.5 bathrooms have all been updated, refinished floors, some newer windows, paint throughout. Clean, dry, full basement with new paint. Cable TV and internet run in most rooms. Beautiful natural light. Lots of closets. Paved driveway. Very quiet neighborhood, no through traffic. Conveniently located to great schools, hospital, walking loops, downtown, yet tucked away in a far corner lot, you can hide yourself in plain sight in this gem of a home that has been in only two families. You can be the third in 65 years!! Dont miss this opportunity

 

603 Westview, Bedford VA. Ideal Bedford Home.  The home is 1947. The updates are 2011 Ralph Lauren. If you are looking for distinguished bones and timeless updates, this is your find. Hardwoods and ceramic tile throughout. Handsome fixtures in the kitchen and baths. New paint inside and out. The side porch is perfect for a visit, the new deck out back is great for an outdoor meal. Wonderful storage! They foyer boasts 3 closets (one more around the corner in the den!) and the upstairs has added storage in the hall in addition to the two closets in the master. Working wood burning fireplace for creating that cold weather… warmth we all enjoy this time of year. The lower level has newly reupholstered benches in a wonderful entertainment room, great for spending time with good friends and family or escaping from it all. Is cooking your thing? Check out these cabinets double deep pantry and tons of cabinets to maintain your goodies; new appliances to work your magic. Enjoy your delectables in the nook, the dining room or in the fresh air. If cooking is not your thing, then walk on downtown to one of many great places to eat! Dont let this fine house in the best location get away from you. Make your stories for years to come!

 

203 Fox Creek Goode VA. Clean home on quiet cul-de-sac street very convenient to both 460 and 221 in Goode. 3/2.5 bath home with separate dining room with chair rails and lower level den and office. Nice 1.43 acre lot with fenced yard for small children or pets. Lot continues past fence into woods with treehouse. Main level has easy to clean laminate wood flooring. New range and dishwasher in kitchen. Oak cabinets. Wood burning fireplace in LR. Dual zone heat pump; unit upstairs is new. 30 year architectural roof is 2 years old. Well pump is new. Insulated tilt-in windows. Upstairs bedrooms have nice closets, baths are clean and updated. Rocking chair front porch… and nice deck overlooking fenced yard. Directv installed and Verizon DSL available. Storage in lower level and storage shed in back yard conveys. Nice patio on lower level. ADT alarm contacts 911 via entry and when smoke detectors activate; plan transferrable. This is priced to sell!!

 

 

 

 

Goode VA Home For Sale

 

Fantastic panoramic Bedford County mountain views!! Located in desirable Peaksview Estates on a cul-de-sac, this home has been newly landscaped and painted.  Enjoy the mountains from the porch swings, whether it is on the front or the back screened porch or from the living room while warming your feet by the fireplace. Entertain or enjoy family meals in the separate formal dining room. Enter the custom kitchen with ample cabinetry, Jenn Aire downdraft range, Bosch dishwasher. Hardwood floors throughout the main living area including the kitchen.  Gas logs warm the great room.  L shaped great room is wonderful for having fun while working, wining and dining friends. Built-ins are great for cookbooks, library for sitting area.  Screened porch is great for watching the storm follow the mountain range or use as a three season dining room!! Hallway leads to two auxiliary bedrooms and remodeled hall bath – new hardware, tile and woodwork recently finished in 2012.  Master bedroom has vaulted ceilings

To see this or any other Bedford County Home for sale give Witt Fogleman a call!


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Buyer Broker agreements are a new Virginia Law

Photo of the Virginia State Capitol before ren...

Effective June 1, a new Virginia state law requires a buyer broker agreement or a notice of non-client representation!

When discussed, council for the Virginia Association of Realtor stated, there has been way too many issues recently. We all know the last couple of years the market has been tough. People who are unhappy with their situation have been trying to take it our on their REALTOR via a legal process. Therefore, it is the opinion by those in power to make it a requirement to have buyers sign a brokerage relationship in order for any agent to perform any activity.

If a potential buyer wants to see a house, they will have to sign a brokerage agreement or a non client agreement. If a potential buyer refuses to sign an agreement or a non-client representation agreement, and an agent shows them a house, that agent would be in violation of Virginia State law!

Basically what this means is either you are or are not being represented by a Bedford agent who is showing you a home. If you are being represented, then the Bedford agent works for YOU! The agent can recommend price, negotiate on your behalf, they look out for your best interest. Whatever you tell them stays private. If you do not sign a Bedford buyer broker agreement, then the agent showing you the homes works for the seller , they can not recommend anything but full price, they can disclose anything to the sellers.

So, who do you want to represent you in Bedford? A Bedford Buyers agent or the guy working for the selller?


New Development Proposed in Bedford

Bedford County Courthouse

Developers have proposed a new community of 55 homes and 181 townhomes on 65 acres of land in Bedford County with 16 of those acres being inside Bedford City. If its approved, this will be the largest development in Bedford in recent years.

In addition to residential units, there would be commercial development in a part of town that has not done well the last couple of years. Close to the proposed development area, a couple of restaurants have closed, local businesses have changed hands and are struggling. This development would help the city, the county, area residences, and local business. It would take 10-15 years to complete the development, but it would create jobs, revenue for the county and city, and could bring new business to the area.

 

 

Home Inspections in Bedford

Recently we had Tim Gardner from Inspecx, Inc. do an inspection for one of our listings. Here is a portion of his report and we thought it would be a great way for people to understand inspections.

 

What You Can Expect From This Inspection Report
This inspection report is a reasonable effort to disclose the condition of this property as it existed on the day of
inspection, and is conducted in accordance with the National Association of Certified Home Inspectors (NACHI)
Standards of Practice and Code of Ethics. An inspection report cannot reveal information on concealed items or
items the inspector was unable to access and inspect. Reliance on this report, in whole or in part, for any reason
whatsoever, constitutes acceptance of the terms of the addended inspection agreement.
The following pages are a compilation of the inspector’s findings. Each category contains a brief description of
the type of system or structure, what is included in the inspection of that category and if there were any major or
minor conditions to note. For example, the Exterior category contains items such as: windows, doors and trim.
Check each description prior to reviewing the findings.
When items are rated the categories are as follows:
• A No Visible Defects rating should give satisfactory service within the limits of its age.
• A Monitor rating is generally cosmetic and repair is optional.
• Attention/Maintenance Recommended is considered normal upkeep.
• A Marginal rating is considered less than satisfactory and may soon need repair.
• A Recommended Upgrade will result in improved service or greater safety.
• A Defective-Relevant rating is a major concern generally considered to be significant and / or poses a
safety hazard; and may have relevance to the contingent conditions of the real estate contract. This
condition requires immediate attention. A licensed contractor should be consulted to evaluate the system
and the inspector’s findings; and to provide an estimate for necessary repairs.
The inspector may make recommendations to upgrade specific items or systems. (For Example: Upgrade
bathroom or kitchen receptacles to ground fault interrupter receptacles.) These recommendations are often
intended to improve a system or item with newer products and technologies.
All of the inspector’s findings are approximations and not a definitive answer. It is impossible to predict exactly
how long a system will last. Any estimate of cost to repair is an approximation for budgetary purposes only.
The two most common concerns expressed by buyers in the aftermath of a home inspection are: “Which items
are the sellers required to repair?” and “What if the sellers won’t address these problems?”
The first point every home buyer must understand is that a home inspection report IS NOT a repair list for
the sellers.
The only exception to this rule applies to new construction homes, where the builder or contractor must provide a
finished product free of defects. With used homes, inspection reports provide information for the home buyers,
rather than directives for sellers. This does not mean that buyers cannot submit repair requests to sellers, but such
requests are negotiable; not legally binding upon the sellers. Repair requests can and perhaps, should be made, but
with the understanding that most sellers have rights of refusal.
With this ground rule in place, buyers should divide the inspection findings into three distinct categories:
1. Legally mandated repairs: Some conditions require repairs in accordance with state laws or local
ordinances. Common in many areas are requirements to upgrade smoke detector placement, or to comply
with various building and safety standards. Such items are non-negotiable and must be addressed by the
sellers.
2. Contractually mandated repairs: Some conditions are specified for repair in the real estate purchase
contract. Common are stipulations that:
• All building components are in safe working condition.

• Plumbing leaks are repaired.
• Structural problems are corrected.
• The roof be made free of leaks.
Contractual agreements of this kind are binding upon sellers. However, the seller’s obligation may be
limited to a dollar figure, above which, the seller has the right to refuse to make the repairs. If the Seller
refuses to make repairs the buyer thinks are necessary, the buyer must then decide whether to accept the
dollar figure limit in the contract and accept the property in its present condition, or terminate the contract
and receive a refund of the earnest money (offer deposit). The Roanoke Valley Association of Realtors
Purchase Agreement, Paragraph 14 and Paragraphs F, G, H & I of the Standard Provisions section,
address these conditions and requirements. Remember, all property defects are negotiable; buyers should
carefully evaluate these according to importance. Vital repairs are generally regarded as reasonable repair
requests. Examples of these repairs include a defective furnace or heat pump, a substandard chimney, and
faulty electrical wiring. Although sellers are not obligated for such corrective work, most reasonable
sellers will agree to address conditions of this kind, either by making repairs or by adjusting the sales
price of the property. Even though sellers are not required to make these repairs, buyers should feel
comfortable requesting that such corrections be completed.
3. Conditions of minor concern: Finally, there are common property defects which should be regarded for
disclosure purposes only and which buyers should accept as conditions to be repaired after the sale.
Examples are numerous and include rotted fence posts, peeling paint, rubbing doors, cracked pavement,
worn carpet, unextended downspouts, etc. These “deferred maintenance” items are usually visible and a
diligent buyer would have noticed them before going to the contract stage, and made an offer accordingly.
The key here is Don’t Nit-Pick. You need to know about these items, but you, the buyer, are
responsible for correcting them.
These three standards should be applied, when reviewing this inspection report, as a means of separating repairs
to be requested from conditions to be accepted. Most sellers are honest and are often surprised to learn of defects
uncovered during an inspection. No home is perfect. Keep things in perspective. Don’t ruin your deal over things
that don’t matter. It is inappropriate to demand that a seller address deferred maintenance, conditions already
listed on the seller’s disclosure, or insignificant items.
At this point, you and your agent should formulate a letter of request and submit it to the sellers. A wise approach
for structuring this letter is to state that some defects will be accepted in “as is” condition. Listing the items to be
accepted is a good strategy for negotiation. Itemizing the accepted defects demonstrates a willingness to be
reasonable, rather than demanding. The letter should then list the items for which repairs are requested, beginning
with conditions required by law or by contract, and concluding with the items that are subject to the sellers’
approval.
Thank you for selecting Inspecx Home Inspection Services. We have made every effort to make this report as
comprehensive as possible. If you do not understand any part of this report, please do not hesitate to call our
office at 540-297-7733