RE/MAX Alliance VB Makes a Difference as ‘Miracle Office’ for CHKD for the 22nd Year

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RE/MAX Alliance has made a difference in Virginia Beach and the overall Hampton Roads community by receiving the Miracle Office designation by fundraising over $166,000. Primary funds are generated by the Miracle Home and Miracle Property programs, RE/MAX Associates can make a donation to Children’s Miracle Network Hospitals® after each residential and commercial transaction that the company has streamlined to make it an easy process for their agents. All donations benefit Virginia’s only free-standing children’s hospital, Children’s Hospital of The King’s Daughters (CHKD), the local CMN Hospital. Miracle Office is a designation awarded exclusively to RE/MAX brokerages through their national partnership with the Children’s Miracle Network organization. The Virginia Beach office has successfully achieved this designation for 22 years, ever since the launch of the Miracle Home program and partnership. This office is to join just two other offices total with this privileged designation for 2018.

The second major source of support to this local hospital is an internally-initiated ‘full service’ Holiday Toy and Gift Drive hosted at the real estate office, complete with personal gift wrapping (wearing ugly holiday sweaters of course), followed by hand-delivering to the patients with their very own Santa. After over 14 years of participating in this annual staple, they now collect 1,000+ gifts per year- truly spreading holiday cheer throughout the four hospital floors. Due to their large presence, the RE/MAX Alliance VB-provided Santa is now the only Santa, replacing what was three that would share duties.

Holiday Gift Drive organizers Trudy Hoff (Co-Owner and REALTOR®, RE/MAX Alliance VB), the late Mick Hoff (Co-owner, RE/MAX Alliance VB), and Traci Lewis VanCamp (REALTOR®, RE/MAX Alliance VB) initially started this venture with the wish to support local terminally ill children, which progressed naturally from hospital tours by inviting their colleagues and friends, turning into an annual Christmas visit, ultimately advancing to the now mega 1,000+ gift collection annual event.

RE/MAX Affiliates across the U.S. and Canada have raised more than $165 million for 170-member hospitals across the country to support children’s services. In 2017 alone in Hampton Roads more than $37,000 was raised to support CHKD. RE/MAX Miracle Agents, Offices and Teams are dedicated supporters who pledge to donate after each closed property sale and take the time to personally thank their clients for choosing them and that a donation was made in their honor, known as Honor Cards.

The immense participation in both the commission program and the gift drive have resulted in value and connection to the Hampton Roads community out of the natural need to support their personal friends, colleagues, and clients who need this hospital at difficult moments in their lives. The Miracle Office and Miracle Home program is a simple yet impactful way to help raise awareness for the local CMN Hospital.

With the goal to continue to make a difference in the lives of kids such as “Ironman” who pens thank you notes to Santa via the real estate office, the little girl who dreams of ballet shoes, and the 16-year-old with depression who have had a lasting impression on their team and who serves as their ongoing motivation to continue to expand their program. “The few minutes Mick was there as Santa they were not in pain, as Mick was completely immersed in helping these special children” says Trudy Hoff. Per RE/MAX corporate, 62 children enter a CMN Hospital for treatment every minute. As Ms. Hoff continues to explain, as leaders in the Virginia Beach business community, “it’s vital that we show our support for the kids and their families”.

RE/MAX Miracle Agents, Offices and Teams help make a significant impact on the lives of sick and injured children treated at CMN Hospitals across the U.S. and Canada. Over the years, their support of CMN Hospitals has helped provide life-saving treatments, advanced medical equipment and valuable research and education. And the local hospitals determine the best way to allocate those funds based on local need. At CHKD this year, the funds raised support specific programs for Child Life (patient and family support), Buddy Brigade (pet therapy), pastoral care, social work, and more.

The Child Life program is particularly close to the heart of Trudy since her personal creation of her Santa Mick Memorial Fund, to honor her late husband Mick, is the only endowment for Child Life at the hospital. Mick Hoff retired as a Navy Captain for the Civil Engineer Corps. in the Navy, where “supporting military children and families” was a true calling and purpose they shared in together, says Trudy, as they continued to build their relationships and real estate business in Virginia Beach since being stationed here for Mick’s Naval career. One of the hospital’s primary focuses this year is “seeking approval to build a pediatric mental health facility here in Norfolk to improve access to critically-needed inpatient psychiatric care for children and adolescents in our community”, as Kate Ryan in Development for CHKD explained.

As co-organizer of the Annual Christmas Gift Collection event, Traci says, “over time we have developed a system to fully categorize the gifts by gender and age so the donated gifts can be distributed throughout the year”. The future goal of this program is to turn it into a Foundation to be able to receive more outside donations so they can impact even more families year-round.

This office truly proves that that they are actively engaged and remain consistent with their stated mission “To be the Hampton Roads real estate leader, achieving our goals by helping others achieve theirs. Everybody wins.”

Many homes on remax.com are flagged as a Miracle Homes with a CMN Hospitals yellow and red balloon icon. For more information about the Miracle program or RE/MAX Alliance office, please visit www.remax-alliance-virginiabeach-va.com or call 757-456-2345.

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Miracle Makers

We Are Miracle Makers

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Our agents actively support 24+ causes and have deep connections in our community. In our recent office survey, we were overwhelmed with the positive response displaying the great teamwork and community involvement that is evident in our agents and staff. The following is a partial list of what causes are represented by RE/MAX Alliance. Do you see your favorite cause listed? If so, ask us how to partner with us:

Children’s Hospital of The King’s Daughters (CHKD)
Foodbank of Southeastern Virginia and the Eastern Shore
Greater Hampton Roads Diaper Bank / Hampton Roads Diaper Drive
Seton Youth Shelters
Virginia Aquarium & Marine Science Center
Susan G. Komen Tidewater / Susan G. Komen
Wounded Warrior Project
Best Friends Animal Society
USO of Hampton Roads and Central Virginia / USO
Veterans Resource Center
Habitat for Humanity of South Hampton Roads, Inc. / Habitat for Humanity International
Best Day Foundation / Best Day Foundation Chesapeake Bay
Children’s Miracle Network Hospitals
VAREP National
Special Olympics Virginia / Special Olympics
St. Jude Children’s Research Hospital
Young Life
Ronald McDonald House Charities of Norfolk VA
American Cancer Society – Hampton Roads
CMN Miracle Office / Children’s Miracle Network Hospitals Southwest Virginia
PIN Ministries
JCOC
VA/ VRC Memorial Fund
Phi Beta Sigma, Inc.
Crisis Pregnancy Center
OrphaNetwork
and many more…

Keep up the good work!

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4 Gardening Tips for the Lazy Landscaper

By Kath Johnson

4 Gardening Tips for the Lazy Landscaper

Keeping up with landscaping can take a lot of time and energy. Between weekly mowing, picking weeds, and tending to all of the plants it can be a lot of work for those who are busy. Check out these easy gardening tips for those who simply don’t have a lot of extra time for a jungle inspired garden.

1. Plant a Xeriscape

If you live near a metro area surrounded by a natural flush of trees, or if you simply like the look of plants but don’t want the hassle of watering them, consider planting a xeriscape. This kind of landscaping is composed of plants that require little to no irrigation and are easy to take care of. Plants that do well in a xeriscape include lavender, ornamental grasses, and coneflowers. If you don’t live in a drought prone region, consider planting those native plants that already do well in your area. Native plants will need less attention as they are used to the conditions of your area and grow abundantly everywhere.

2. Add a Timer

Take advantage of technology by setting up the watering on an automatic timer. Simply plug in the timer at the hose connection to the spigot and allow the timer to water your plants on a regular schedule. This will work well for those extra thirsty plants that need more water throughout the summer and you won’t forget to water since it will already be taken care of. Setting up a drip system for your plants is another easy way to make sure that they get watered without having to have added hoses or sprinklers constantly in the flower beds as well.

3. Use Evergreens

There are many different evergreens that can be planted to add depth, height, and appeal to a yard. Evergreens are easy to maintain as they require little to no pruning and will stay green all year long. Plant a row of evergreen shrubs to add privacy to a yard as well as a constant wall of beautiful green color throughout every season. Evergreens may need a little extra watering during the hotter months as well as some pinecones that need to be picked up once a year. However, they are a great option for those homeowners who don’t want to have to mess with a lot of leaf raking or careful pruning like other trees.

4. Renew Mulch Coloring

Mulch looks great when you just put it down but a few years later it can easily fade and become an eyesore. Although a little unconventional, you can paint the mulch to renew the coloring and overall look of landscaping. Simply use a paint sprayer along with a nice brown paint to paint the top of the mulch in order to get an updated look. Make sure that the mulch is where you want it before you paint as only the top will get painted when you spray it.

Yard maintenance can take a lot of time so help yourself by planting a xeriscape garden or using evergreens in your yard for yearlong beauty. Set up your watering on a timer or even consider painting the mulch in order to give a quick makeover for a dull looking yard. Doing all of these things will help those of us who are lazy landscapers have a beautiful yard as well as time to enjoy it!

Kath Johnson is an avid gardener and regional representative for LawnStarter Lawn Care. When she’s not tending to her organic vegetable garden, she can be found exploring nature by bike or boat.

Homes In Virginia Beach

Source

50% Of Homes Sold In 30 Days In March [INFOGRAPHIC]

Some Highlights:

  • The National Association of REALTORS® recently surveyed their members for their Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
  • Homes sold in less than 60 days in 35 out of 50 states and Washington D.C.
  • Homes typically went under contract in 30 days in March!

Source

Hampton Roads Homes

Why Home Prices Are Increasing

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There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.

However, the increase in prices is easily explained by the theory of supply & demand. Whenever there is a limited supply of an item that is in high demand, prices increase.

It is that simple. In real estate, it takes a six-month supply of existing salable inventory to maintain pricing stability. In most housing markets, anything less than six months will cause home values to appreciate and anything more than seven months will cause prices to depreciate (see chart below).

According to the Existing Home Sales Report from the National Association of Realtors (NAR), the monthly inventory of homes for sale has been below six months for the last five years (see chart below).

Bottom Line

If buyer demand continues to outpace the current supply of existing homes for sale, prices will continue to appreciate. Nothing nefarious is taking place. It is simply the theory of supply & demand working as it should.

Source

Search Virginia Beach Homes

Boomerang Buyers: Most Qualify For Financing In 2-3 Years

According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years.

This is in stark contrast to the belief that many have that they need to wait 7-10 years for their bankruptcies to clear from their credit reports before attempting to apply for either a mortgage or a personal or auto loan.

The study analyzed over one million loan applications for mortgages, personal, and auto loans and compared borrowers who had a bankruptcy on their credit report vs. those who did not to find out the “Cost of Bankruptcy.”

The study found that 43.2% of Americans who filed bankruptcy were able to repair their credit back to a 640 FICO® Score in less than a year. The percentage of those who achieved a 640 FICO® Score increased to nearly 75% after 5 years. The full breakdown of the findings was used to create the chart below.

Boomerang Buyers: Most Qualify for Financing in 2-3 Years | Keeping Current Matters

Americans who were able to repair their credit scores to a range of 720-739 within three years of filing were able to obtain the same financing options as those who had never filed bankruptcy.

According to Ellie Mae’s latest Origination Insights Report, 53.5% of those who were approved for a home loan had FICO® Scores between 600-749 last month. This is great news for Americans who are looking to re-enter the housing market.

Boomerang Buyers: Most Qualify for Financing in 2-3 Years | Keeping Current Matters

Raj Patel, Lending Tree’s Director of Credit Restoration & Debt-Related Services had this to say:

“People may think that filing a bankruptcy would put you out of the loan market for seven to ten years, but this study shows that it is possible to rebuild your credit to a good credit quality.”

“LendingTree’s research found that very few bankruptcy filers have a harder time [obtaining a mortgage] than those who have not filed for bankruptcy.”

Bottom Line

If you are one of the millions of Americans who has filed for bankruptcy and think that you have to wait 7-10 years to make your dream of returning to homeownership a reality, meet with a local real estate professional who can help you find out if you qualify now.

Source

Virginia Beach Homes

5 Reasons Why To Sell This Spring!

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Here are five reasons listing your home for sale this spring makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory has declined year over year for the last 32 months and is still under the 6-month supply needed for a normal housing market. This means that, in the majority of the country, there are not enoughhomes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six but has hovered between nine and ten years since 2011. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the average time it took to close a loan was 45 days.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly, AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 4.8% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

Source

Virginia Beach Homes