Category — Blogroll
Most Smith Mountain Lake homeowners want to be eco-friendly, yet they worry that making changes in that regard might be costly and time consuming. Incorporating energy-efficient lighting is a great way to make a big impression with green-conscious homebuyers. In fact, studies have reported that 80% of homebuyers identify energy savings and comfortable surroundings as key factors when deciding between listings.
It isn’t just limited to fluorescent tubes or CFLs (compact fluorescent lamps). LEDs are an energy-efficient light source that began growing in popularity around 2007. LED lighting can be used as accents to better showcase a home’s features. From track lighting over the fireplace to under-counter cabinet lighting and recessed lighting in the hall, LED fixtures can cast dramatic light on your Smith Mountain Lake home’s best features, while at the same time, remaining cool to the touch and easy on the wallet.
Here are some interesting facts about LED lighting:
- Offers the same bright white output as incandescent lighting
- Uses 75% less electricity than standard incandescent bulbs
- Uses 75% less electricity than standard incandescent bulbs
- The Department of Energy estimates that replacing regular light bulbs with LEDs could potentially save 190 terawatt-hours annually—the equivalent of lighting over 95 million homes
While buyers can make these changes themselves, savvy sellers know that they will judge your eco-friendly actions in a positive light and may be more inclined to deal with you.
June 2, 2015 Comments Off
Ever dream of owning a Smith Mountain Lake home but don’t think you can because you lack the down payment and closing costs? Here are a few tips:
- Borrow from your retirement account: A 401(k) or traditional IRA may allow a first-time homebuyers to borrow up to $10,000 for their down payment without incurring a penalty. If you’re self-employed or your employer allows it, you may also be able to borrow up to $50,000 from your current 401(k) and pay yourself back over five years at a reasonable interest rate.
- Ask family: If you are able to get help from a family member, the lender may ask you to sign a gift-letter form, attesting to the relationship. They may also require your relatives to explain where they got the money and prove that they are financially able to make such a gift.
- Look for down payment assistance grants: Down payment assistance and community redevelopment programs offer affordable housing opportunities to first-time homebuyers, low-income and moderate-income individuals and families who wish to own a Smith Mountain Lake home.
- Come to a lease/purchase agreement: Smith Mountain Lake homeowners who can’t sell their homes may consider a lease/purchase agreement, where you rent the home you want to buy and a percentage of your rent is applied to the down payment. Make sure you get a contract outlining all the details so both parties are protected.
- Add it to the wedding registry: Some mortgage companies allow those getting married to set up a down payment registry.
- Cut back and save: If nothing else, there’s always the old-fashioned “saving for a rainy day.” Try putting aside 10% of each paycheck and eating at home instead of eating out. If you’re married, save the money you would spend on birthday, anniversary and Christmas presents and put it toward your house. You also may need to forget that vacation this year.
These sacrifices may seem significant but they will be worth it once you’re inside your own Smith Mountain Lake home.
May 19, 2015 Comments Off
May 8, 2015 Comments Off
Consumers and network professionals have spoken! Berkshire Hathaway HomeServices’ commercial, “Calls,” was today named 2015’s best national TV spot in real estate by an Inman News poll of more than 15,000 readers. Berkshire Hathaway HomeServices secured 5,522 votes to win the poll, which included TV spots from industry competitors Coldwell Banker, Century 21 and Re/Max. The spot, celebrating that magical moment when clients first learn they’ve sold their home, is now running on HGTV but you can watch it right here!
May 5, 2015 Comments Off
Don’t forget about the men when showcasing your Smith Mountain Lake home.
When selling your Smith Mountain Lake home, it’s important to remember that your interior and exterior need to visually attract both male and female buyers. Read on to learn how to make your home universally appealing.
- Professional home stagers: They consult with homeowners to sell their Smith Mountain Lake homes quickly and for the most money possible. They consider demographics, buying psychology, design elements and lighting.
- Personal space: Men tend to gravitate towards rooms with gadgets and electronics. They appreciate open spaces and high ceilings—clean, streamlined rooms that men can easily walk through without obstructions.
- Cater to interests: Men don’t generally prefer fancy or frilly. They want to watch the big game with buddies or relax after work.
- Simplified color scheme: Don’t overwhelm any potential buyers with wild colors or furniture, even if you feel it makes your home “special.” Warm interior tones are generally preferred over cool tones.
- Garage envy: Think about painted walls, clean floors and enough storage for various hobbies. A built-in workbench, organized shelving as well as clean, spacious areas for tools, equipment and maintenance supplies are a great draw.
- The yard: A well-maintained lawn can really help boost your home’s appeal along with thick, healthy grass, minimal bushes to trim and easy-to-maintain flower beds.
Staging your Smith Mountain Lake home to visually appeal to men as well as women will ensure a better joint response from potential buyers.
May 4, 2015 Comments Off
Once again, Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate is a proud sponsor the 28th Annual Take Pride in SML Clean-up Day. Please join us in helping spruce up Smith Mountain Lake for the coming summer season at tomorrow’s Take Pride in SML Clean-up Day. This event marks the 28th annual lake-wide clean-up effort. Volunteers from the entire community get involved in sprucing up the lake. Volunteers can register individually, as a group or organization. Pick up supplies today at the Smith Mountain Lake Visitor’s Center at 16430 Booker T. Washington Hwy, Bridgewater Plaza, Suite 2 from 9:30 AM to 5:30 PM. Special thanks to the Smith Mountain Lake Regional Chamber of Commerce, the Smith Mountain Lake Association and the Tri-County Lakes Administrative Commission for working hard to orchestrate the event.
May 1, 2015 Comments Off
Avoid the 8 Staging Mistakes.
You may love your Smith Mountain Lake home, but that doesn’t mean that everyone coming through the door will feel the same way. What may be “charming” to the seller may seem off-putting to a prospective buyer. Many sellers attempt to stage their home themselves. In doing so, they make mistakes that can sidetrack the sale. Here are some of the biggest staging mistakes, according to professional home stagers:
- Don’t get too personal: Staging is all about de-personalizing the space, and creating a model home look that will appeal to most everyone. Don’t create a look that appeals to just you.
- Avoid dark colors: Choose neutral or warm colors. A few coats of fresh paint will make a huge difference.
- Take advantage of natural light: Blocking off light with heavy curtains or furniture can hurt your sale—especially if the home has attractive views.
- Don’t think more is better: Scale down your furniture. The size of furniture needs to be in balance with the scale of the room. Furniture should define the purpose of the room.
- Don’t leave pets at home: Remove all traces of animals from the house. Make sure Fido is away during showings. A pet could kill a sale before a potential buyer even steps into the house.
- Don’t neglect the outside: Outside is as important as the inside. Add flowers, mow the lawn, tidy up and add kid-friendly accessories.
- Don’t just deal with “main” rooms: Don’t forget the garage, basement and closets.
- Don’t forget fixtures: It’s important that all lights are burning and all fixtures are working.
Staging a Smith Mountain Lake home means showcasing features, not concealing flaws. Make sure your house is in good condition and use staging to cast the home in its best light.
April 29, 2015 Comments Off
The Willard Companies and its real estate division, Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate, announced a formal partnership with the Amos Estate to complete and market South Harbour, a newly planned residential community located on Dudley Amos Rd. off Scruggs Rd. at Smith Mountain Lake. The property, formerly known as The Lakewatch Club, is part of a 250-acre farm that has been in Amos family prior to the lake being filled.
“We are very excited our companies were selected to work with the Amos Estate to finalize the development as well as manage the sales and marketing of the South Harbour community. We’ve already been hard at work rebranding the project with the new name as well as consulting with the estate to offer prospective buyers premium investment opportunities,” stated Ron Willard, president of The Willard Companies. In addition, the companies are currently constructing a commanding Colonial brick entrance accented with nautical inspired lighting which will welcome residents and their guests to a community infused with spectacular views and walking trails. Hundreds of native hardwood trees are planned along with manicured landscaping and state-of-the-art street lighting.
Willard added, “Highlighting the area will be a landmark observation deck built around a historic red oak tree at South Harbour’s highest point where rustic wooden Adirondack chairs and whimsical lighted spheres will welcome casual conversation with neighbors and friends. In addition, the community will showcase three restored tobacco barns located throughout the project.”
Encompassing approximately 100 gently sloping acres, South Harbour is planned for a total of 40 properties. Current properties for sale include 21 waterfront lots ranging from 1 to 2.5 acres ranging from $224,500 to $1,399,500 and 10 water access cottage lots averaging 0.5 acres ranging from $49,500 to $74,500. A convenient common area is located within South Harbour which will enable access to Smith Mountain Lake for water access cottage lots. Boaters can find South Harbour between the B10 and B11 channel markers on beautiful Blackwater River overlooking Sailaway and Chimney Islands.
In addition, ownership at South Harbour presents the opportunity to join The Waterfront Country Club with no initiation fee. The Waterfront Country Club, just minutes away, offers championship golf, tennis, swimming, fine dining and social activities. This opportunity perfectly blends luxury living with all the recreational amenities that Smith Mountain Lake has to offer.
For sales information, contact Berkshire Hathaway HomeServices at 540-721-8659 or visit the community website at www.SouthHarbourSML.com. For media inquiries, contact Christopher Finley, marketing and communication director, at 540-721-5288.
November 20, 2014 Comments Off
Believe it or not, after months of searching countless Smith Mountain Lake homes, finding the perfect one, negotiating price and finally agreeing to a deal, a sale can fall apart over a disagreement about curtains.
When striking a deal to sell a Smith Mountain Lake home, it’s important that you are perfectly clear about what you are taking with you and what you are leaving behind. The general rule is that if something is attached to the structure or the ground, it is real property and stays with the house.
If removing the item would ruin or disfigure the walls, the item generally stays. If you need a tool to remove it, it stays.
Legally, these are called fixtures, which include everything permanently attached to the property such as a fence, built-in appliances, ceiling fans, flowerbeds and shrubs.
Conversely, if you can disconnect, unhook or detach an item from the home with bare hands, it’s free to leave when you do. This is known as personal property and should never be assumed to be part of the sale.
Items that fall into this category are furniture, potted plants, free-standing appliances and an outdoor grill.
A good rule of thumb is to not show your home with any fixtures you are planning to take. Replacing them is the better option.
Every real estate agent has a story about a deal falling through because of an argument about what a buyer thought was staying. For this reason, you should walk in each room with your agent and make a list of things that you will be taking with you.
If you decide to leave the curtains, chandeliers or are open to giving up some of the outdoor furniture, it may just help with a sale. People appreciate the notion of getting something for free, and a savvy agent will hint to a prospective buyer that fixtures and furnishing may be negotiable. Unless the items are really important to you, let them go with the home. Use them to get the price you want and then replace the items in your new home.
By itemizing and discussing all the things that stay and go at the outset, there will be no miscommunication on closing day.
June 3, 2013 No Comments
Sunken City Brewing Company, Southwest Virginia’s newest craft brewery located in Westlake Towne Center on Rt. 122 at Smith Mountain Lake, will celebrate its grand opening on Friday, May 10 with a ribbon cutting ceremony at 4 p.m. Bruno’s GastroTruck will be on-site for the celebration as well as the band Barefoot West who will perform around 5:30 p.m. Come out and meet Sunken City Owner, Jerome Parnell and Brewmaster, Jeremy Kirby.
Sunken City will be selling 20-oz. imperial pints during the opening including two of their signature beers Dam Lager and Red Clay IPA. Dam Lager is an American-style amber (4.7 percent ABV) and Red Clay IPA is an amber-colored India Pale Ale (7 percent ABV).
In the near future, Sunken City plans to brew additional beers with hopes to distribute their beer throughout the state.
Officials and business leaders broke ground on Sunken City Brewing Company back in August 2012 and is Franklin County’s first microbrewery. The $2.3 million, 8,800-square-foot project, features a features a 25-barrel brewhouse, automatic canning distribution, a tasting room, pub and an outdoor beer garden. Sunken City Brewing Company, named for the villages that were submerged when Smith Mountain Lake was created, is expected to create 20-25 new jobs within five years.
May 7, 2013 No Comments