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Full Time Real Estate Expert serving buyers and sellers moving in and out of the area. Our areas of expertise are Spotsylvania, Fredericksburg, and Stafford.



Morris & Co. Realty, LLC

1516 N. Shenandoah Ave., Ste F
No reviews yet

Morris & Co. Realty, LLC

1516 N. Shenandoah Ave., Ste F
No reviews yet
23 years of experience

We are a full service real estate company specializing in residental, land, new builds, and commercial. We have over 80 combined years of experience. We work together as a team, so select Morris & Co. as your real estate brokerage and you get not only 1 agent working for you but 7.

We are a full service real estate company specializing in residental, land, new builds, and commercial. We have over 80 combined years of experience. We work together as a team, so select Morris & Co. as your real estate brokerage and you get not only 1 agent working for you but 7.


Avatar for Simmons & Associates Realty Inc

Simmons & Associates Realty Inc

311 Virginia Avenue
5.00(
1
)

Simmons & Associates Realty Inc

311 Virginia Avenue
5.00(
1
)
Customers say: Quick response
Recommended by 100% of Angi customers
Recommended by 100% of HomeAdvisor customers

We are focused on providing you with the best results and service in the industry. We listen carefully to understand your real estate goals and work hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, Simmons & Associates Realty Inc has the expertise and resources to help you achieve your real estate goals. As is often said, real estate is about location, location, location. Call us today!

We are focused on providing you with the best results and service in the industry. We listen carefully to understand your real estate goals and work hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, Simmons & Associates Realty Inc has the expertise and resources to help you achieve your real estate goals. As is often said, real estate is about location, location, location. Call us today!




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Real Estate Agents questions, answered by experts

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

While it's smart to save up about 25 percent of the price of a home—to cover the down payment and closing costs—many loans require between less than 3% down to qualify. In either case, you'll need between 3 and 6 percent for the closing and moving costs as well as a strong financial history for mortgage approval.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

Unless the buyer or seller makes the offer or offer acceptance contingent on the appraisal results, the sale will move forward unaffected if the appraisal comes back lower than the offer. This essentially means the buyer is paying more than what the home is worth, but without that contingency, both parties are locked into the deal. Some buyers may try to negotiate the purchase price down to the appraisal value, but this may not be possible if there wasn’t an appraisal contingency in the offer agreement.

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