64 RT 259, YELLOW SPRING, WV 26865

I'm a little late posting the info for this listing that I took in Yellow Spring WV. Honestly I thought that it would be sold by now. It has so many possibilities. It's a 1930's era home with 4 bedrooms and 1.5 baths. All rooms are extra large with hardwood floors. Large room over carport could be fifth bedroom. The sale includes two tracts A/B each .36 of an acre and it adjoins the old Yellow Spring Mill. Fenced in yard, separate dinning room with built-in. I think it's going to be great for a large family or if someone wants to run a small business out of the front they could live in the back and upstairs. Possible store front.

7695 Main Street Middletown

I have a wonderful new listing in Middletown VA, unique property with lots of future potential. It's a simple farm house with four bedrooms and 1.5 baths that was built around the turn of the century. The 1+ acre lot on Main Street is what really makes this property special. The home is currently vacant and I love to go by and just walk around the lots, it feels like a forgotten place right in the middle of town. The home itself sits on one lot but the rest of the property is divided into two separate lots that could easily be sold off or built on. I have been approached by several people who want to do something on the other lots but my sellers want to sell everything together. It's zoned LC so it has many potential uses. Check more photos on my website. http://www.drewvanlaeken.com

1880 Clayton Ridge Drive

I am truly in love with this new listing. It's located within the city limits of Winchester on a private cul-de-sac. I was stunned when I first walked thru, the tile work in this home is amazing. marble everyplace. Very high quality countertops, cabinets, flooring and fixtures. This is not your typical "spec" home. The owners have custom designed the interior features and it shows beautifully. Never lived in! Check out the video. 

New listing in Martinsburg West Virginia.

When I sold this home originally to my clients it had a very small out-dated kitchen that was awkward to use. I was amazed at the new look and all of the attention to details that my client has put into the renovation of the kitchen in this home. It has all new cabinets, new stainless steel appliances and granite countertops with a large island that is perfect for preparing large family meals. The sellers have also replaced the old carpet in the living room and hallway with new hardwood floors that match perfectly with the existing hardwood in the formal living area. This home also has a large sunroom, 3 bedrooms 2.5 baths and a  hugh finished basement that doubles the sq. footage of the home to over 4,000 sq. ft of finished living space. Check out the video.

Berkeley Springs WV home for sale

This listing is for a client who I have known for many years. I actually sold him this home back new in 2007. It was built by a small local builder who was very meticulous with his craftsmanship. Cedar sided home with a very open floor plan, surrounded by mature trees- It's in the woods. If you are looking for a well built home with TONS of privacy this is it.

Home with 3.3 Acres in Augusta WV

This week I've listed a new property in West Virginia. This is really a well taken care of home in Augusta/Hampshire County. The family has recently made several major upgrades and improvements to the home. Lots of the "big ticket" items have been replace over the last five years. This home is approximately 2.5 miles of of Rout 50 and has a very private feeling even though it has neighbors close by.  Check out the video below, I have more photos on my website along with documents. Go to http://www.drewvanlaeken.com

Weekly Mortgage Update

Every week I receive several e-mails from local Mortgage lenders with market updates. This is from Troy Binmgan at Alcova Mortgage here in Winchester. 

Click this link for the PDF

First - Time Homebuyer Tax Credit

My wife and I bought our first home in 1997. Back then there was no "creative" ways to finance a home, no 80/20 options. You had to have 20% down payment, if not then you could possibly get a 3% or 5% option but you would need to pay mortgage insurance fees. Interest rates were around 7%-8% -not bad for the time, actually everyone thought those were great rates. Now, the average home price was probably closer to $150k compared to $220k today but it's been almost 12 years. Interest rates today are between 5% & 6% the 80/20 options are gone (thank goodness), but you can still get conventional 30 year fixed rate mortgages and pay the mortgage insurance just like I had to do back in 97' One thing I did not have was the new first-time homebuyer tax credit. What a great deal. I wish I could somehow be a first time homebuyer today. How can an additional $8,000 in your pocket not make it a great deal. I've read up on this tax credit and broken down the details in a short video. Check it out, follow link below. 

First-  Time Homebuyer Tax Credit Video

Looking for a home in Winchester Virginia? Check out the short video below about my company then visit my website to search for homes http://www.drewvanlaeken.com 

Thanks