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Charles Oliver Volpe Memorial Scholarship Fund - go to his site and and have a look - www.CharlesVolpe.org
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Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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"100% of the asking price and a flawless"...
100% of the asking price and a flawless transaction between buyer and seller....
Andy W.Lexington, VA
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Gold Key Mortgage
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|  | | | Our Offices - Main St and Jefferson St | |
Our Team Is On YOUR Side!  As top real estate agents, we do not work alone!
We have a whole team of people working in your best interests. Paul Baker, our old wise man in Real Estate, has been doing this here longer than any of us can remember. Just kidding Paul. Paul knows developments, new construction, commercial, the works. Have a tough one...he's the guy to get it done. Call him and I can guarantee results. Kayla Finlay is our residential specialist in Rockbridge, Southern Augusta and Roanoke. Kayla is a true Real Estate Professional and can help you buy or sell. Nessa O'Hare handles the details of each transaction. She will coordinate all of your closings and manages the day to day details of your listing. Jim Quist is our resident State Licensed Appraiser and Realtor. He handles Commercial Properties, but can do it all. Call him for expert advice of evaluations. Jim Jones is a W&L Alumni -77'- and knows Rockbridge County like the back of his hand. He is always ready to help a fellow Alum and knows new construction, lot selection and historic homes as well. Wendy Gilliam, a Rockbridge native, handles our rental department and sells as well. She is my right arm and I am very proud to have her on the team. I have been in Lexington since 1991 and have been in Real Estate here since then. I started with Tilson, and helped to open another office in town. I was fortunate to be able to open Prudential in 1999 and we are getting ready to finish up our 10th year. My life has changed in many ways since being here in Lexington, but I am proud to be here and happy to be in the Real Estate business, helping people realize their dreams.
Chuck Volpe, Broker/Owner
Please check out: http://www.charlesvolpe.org
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About Appraisals >Fair Market Value
What is the best price for a piece of real estate? Mortgage lenders, appraisers, and real estate brokers use what is called the "fair market value" (FMV). FMV has been defined as "the price that a buyer is willing to pay and the seller is willing to accept, when both parties are knowledgeable about the property and neither is under any time pressure to buy or sell". Sounds great, but how is this price determined?
The starting point for determining a fair price may be an opinion of the value or "comparative market analysis". Such an analysis uses information on similar properties which are: 1) currently for sale, 2) already sold, or 3) expired properties (those which did not sell). Local, national and international trends and market conditions must also be evaluated.
By comparing similar properties in each of the three categories and the market conditions, appraisers, lenders and agents come very close to the maximum price that buyers would be willing to pay for a house.
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| Q |
What famous building receives a fresh coat of 300 tons of reddish-green paint every seven years?
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| A |
The Eiffel Tower in Paris, France. |
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