Fourth of July in Williamsburg6/30/2016
Fourth of July in Williamsburg!
Click Below to see what's going on this Independence Day Weekend!
Fourth of July in Williamsburg!
Click Below to see what's going on this Independence Day Weekend!
The latest from the Virginia Housing Development Authority!
New VHDA program boosts homeownership tax benefits
The Virginia Housing Development Authority (VHDA) has recently rolled out a new Mortgage Credit Certificate program that will offer Virginia’s qualified homebuyers another option to help make purchasing a home more affordable. A Mortgage Credit Certificate, or MCC, allows an eligible homebuyer to receive a dollar-for-dollar reduction in federal income taxes, up to 20 percent of the annual interest paid on the mortgage. By reducing the amount of federal income tax a qualified homebuyer owes, the MCC boosts the tax benefits of owning a home.
Maximum Sales Price/Loan Limits
2 or Fewer People
3 or More People
New & Existing construction
To be eligible, the borrower must be a first-time buyer or have not owned a home as a primary residence in the last three years (this requirement is waived in federally-targeted areas). Also, the borrower’s income may not exceed VHDA’s maximum household income limit for the specific area, and the home sales price must be below VHDA’s maximum. This program is designed for the purchase of a home as a primary residence, so second homes are not MCC eligible. The MCC benefit does not apply to state income tax, only to federal. So, a borrower must have a federal tax liability in order to benefit. The credit is equal to 20 percent of the annual mortgage interest paid, and the remaining 80 percent of mortgage interest paid is still eligible for itemized deduction. Unused MCC credit may be carried forward for up to three years. As long as the borrower continues to live in the home, the MCC is effective for the life of the mortgage. An MCC borrower who sells the home in the first nine years of ownership may be subject to federal recapture tax.
For the latest information, program updates, and a list of participating lenders. www.vhda.com/mcc
Area residents can enjoy the Revolutionary City, art museums, exhibition sites, and special offers and discounts through our Good Neighbor program.
As a resident of the city of Williamsburg, James City County, or the Bruton District of York County, you’re eligible for a Colonial Williamsburg Good Neighbor Pass
A Special Visitor's Pass
If you are fifty years or older you can get a discount when you visit Colonial Williamsburg. Pay for one day you can visit for the rest of the year for free.
The cost of a one day ticket for an adult is $40.99.
This offer is valid from September 1 through October 31, 2015. Call (888) 965-7254 for more information.
See You There - Peggie
Two-thirds of renters surveyed believe they need a very good credit score to buy a home, with 45 percent thinking a “good credit score” is over 780.Consumers also overestimate the down payment funds needed to qualify for a home loan, with 36 percent thinking a 20 percent down payment is always required
- Ipsos Survey
What do Chinese dragons, Alewerks beer, chicken tikka masala, the band London, and hula dancers all have in common?
On September 19th, they will be at the W&M School of Education for the Williamsburg International Food and Arts Festival. We have music and dancers booked from 11:00 am - 7:00 pm. There will be food from around the world, arts and crafts vendors, as well as lots of demos and activities for kids. The event will take place rain or shine (there is both indoor and outdoor space), and admission is FREE!
This event benefits Literacy for Life, and we are excited to celebrate the "internationalness" of Williamsburg!
Hope to see you there!
D.O.G Street Pub
We’ve transformed an eighty-year-old bank into the only Gastropub that belongs on the most historic avenue in all America. June 2012, Chef David Everett opened DoG Street Pub committed to honoring the dignity and heritage of its namesake, Duke of Gloucester Street. DoG Street Pub’s focus is simply presented, excellent food without the rubbish. With an understanding that a superb beer is the perfect complement to a perfect meal, we scour the globe to craft a beer menu to please all tastes, from the casual fan to seasoned enthusiast whose favorite is “something new.” Our goal to provide the greatest personal service, facilities and quality cuisine in a casual setting is driven by Chef Everett’s dedication to an experience and atmosphere that will exceed our guests’ expectations. (757-293-6478)
Blue Talon Bistro
Chef David Everett at the Blue Talon Bistro describes his cuisine as "serious comfort food," and everything from the food to the friendly neighborhood atmosphere will make you feel right at home in this French-inspired bistro. Try the chicken and mushroom crepes, served with asparagus and Parmesan cheese or the fresh goat cheese drizzled in honey. Wash it all down with a selection from the extensive wine list. (757-476-2583)
Freshest Fish at Family Friendly Pricing! Fat Tuna has excellent fresh fish, steaks, and chef specialties daily. Open for lunch and dinner with a full bar with more than 20 craft beers on tap! Fat Tuna proudly serves the freshest available ingredients from our local farmers and seafood suppliers. Private party and meeting rooms available. Groups and Buses welcome! (757-903-2811)
Giuseppe's Italian Restaurant
Celebrating 23 years! Giuseppe's Italian Restaurant is a family friendly, locally owned Italian restaurant in Williamsburg, Virginia. Giuseppe's offers gourmet individual pizzas, delicious soups and salads and an array of pasta dishes. Check out our lunch and dinner menus and come in and see us. We look forward to serving you and your families soon!Don't forget to check out our special events page for the latest wine dinner menu! (757-565-1977)
Five Forks Cafe
For real American diner food, it doesn't get much better than the family-run Five Forks Cafe. Virginia locals are known to drive an hour just to eat breakfast here on the weekends, and there's almost always a wait. To eat like the Southerners do, try the corn cakes with honey, grits or country-fried chicken with sausage gravy. (757-221-0484)
Sal's By Victor Italian Restaurant
Sal’s by Victor is a family run restaurant specialized in both southern and northern Italian cuisine. We’ve been serving Williamsburg and the surrounding areas since 1974. The restaurant was originally founded by Salvatore (Sal) who named the restaurant after himself. In 1990 Victor acquired the business from Sal and decided to keep the name, while at the same time giving the “by Victor” touch.Sal’s by Victor’s mission is to treat all our “customers” as our guests and to make sure they leave the restaurant with a smile on their faces and a full stomach. We take complaints very seriously and always demand that our staff provide the best experience possible for our guests. We firmly believe that there is no better advertisement than a positive experience conveyed via word of mouth.(757-220-2641)
New York Deli & Pizza Restaurant
New York Deli & Pizza Restaurant is the #1 stop in Williamsburg for authentic New York-style sandwiches, subs, pizza and much more. Family owned and operated, New York Deli & Pizza has won “Best Deli in Williamsburg” each year since its opening in 2005. Enjoy our casual dining room, or call to place a quick carry-out order for lunch or dinner. (757-564-9258)
Peking Mongolian & Japanese Restaurant
We are proud to announce that Peking Restaurant was award the "Best Asian Cuisine" by the Virginia Gazette for the year 2012. This making us "Best Asian Cuisine" for 20 years in a row! Thank you Williamsburg for your continued support! In addition to this award, Peking Restaurant attended the TOP 100 Chinese Restaurant in the . We attended the three day award ceremony in Las Vegas and are proud to bring home the "TOP 100 Local Favorites." Thanks to everyone who has participated in this annual event and we hope to climb the ranks of the overall Best Chinese Restaurant in the future.(757-229-2288)
June 12, 2015
Selling your home without hiring a real estate agent might be tempting, especially if you're in an area where buyers are clamoring for properties. It's not uncommon for sellers to think (even for a split-second) "How hard can it be to sell on my own?" But there are probably some challenges they're not considering.
Here are some key ways a real estate agent – more specifically a licensed Realtor – proves to be indispensible during the selling process.
1. We offer wide exposure. Find an agent with the education, experience and know-how – along with the backing from a brokerage and powerful brand – to increase exposure of your house to potential buyers. Your agent can devise a marketing plan that stresses showing your property to other agents as well as to the public.
2. We bring objectivity. You probably love your home even with all its faults, but a prospective buyer might not be so dazzled. A solid real estate agent can give you helpful tips on things that need to be fixed and ways to improve your home’s appearance and curb appeal. Your agent can also evaluate and focus on features that might set your house apart from the competition.
3. We know the market. Agents can access current market data about pending and recent sales, and they can use that information to help you establish an appropriate asking price for your home. Homeowners often expect unrealistically high prices for their homes, which can turn off buyers who are seeing homes with more competitive prices. A house that is priced accurately from the get-go will sell more quickly and for a higher price than those that are priced too high right out of the gate.
4. We take care of all showings. You may not be available to show your home to prospective buyers, or you may have already moved out, but your agent can show your house even when you aren’t there. Agents can answer visitors’ questions and take note of their feedback. Further, prospective buyers usually feel more comfortable touring a house when the owner isn’t present. They might want to comment on a house’s drawbacks.
5. We take security seriously. Real estate agents can vet all potential buyers, including verifying they're preapproved for a home loan and weeding out the “looky-loos” who aren't serious buyers. They also can provide security by pre-screening visitors and accompanying them while they're in the house.
6. We are prepared to negotiate. Agents will negotiate contracts on your behalf. FSBO sellers generally negotiate with a professional representing the buyer's interests. Your agent, on the other hand, can help you negotiate with the buyer’s agent to secure a contract that gets you the best price for your house.
7. We help you avoid legal trouble. Your agent knows the requirements for disclosures in your state. The seller is required to disclose any problems that could affect the value of the property. In most states, it’s against the law to hide physical problems such as flood hazards and prior damage. Some states require a seller to search for such problems even if they aren’t obvious. An agent helps prepare necessary disclosure documents.
8. We are with you to the end – and beyond. Getting to the closing table is a complicated process, filled with paperwork, and mistakes can sidetrack the deal. Good real estate agents have safeguards in place to avoid them. Your real estate agent will work with you every step of the way to closing, and can even be a resource for you as you consider your next move.
9. We follow a strict Code of Ethics. Realtors are members of the National Association of Realtors (NAR), and they are required to complete a two-and-a-half hour Code of Ethics course every four years. The repeat training ensures that agents are familiar with the code’s newest provisions and that its key guidelines are reinforced: protecting clients, protecting communities and protecting the industry.