Virginia Beach Condos – How to find a bargain waterfront condo

CLICK HERE TO DOWNLOAD A FREE LIST OF CONDOS AVAILABLE FOR SALE IN THE CONDOMINIUM COMMUNITIES MENTIONED BELOW
HURRY - LIST EXPIRES 2/10

There ARE bargain waterfront condos in Virginia Beach....

...you just need to know where to look. We'll concentrate on two different areas in this article - Chesapeake Bay waterfront condos on the North side of Virginia Beach, and Oceanfront condos on the far East side of Virginia Beach near the boardwalk.

Virginia Beach Condos - Chesapeake Bay Area

The Chesapeake Bay area of Virginia Beach offers a less busy, lower tourist traffic area than the Virginia Beach Oceanfront, and for this reason is desirable for those who want to be near water and beaches, but don't necessarily need to be near the boardwalk at the oceanfront.

Of the condominium complexes in this area, two stand out in terms of bargain prices and proximity to the water: Chesapeake House and Cape Henry Towers. Both are waterfront buildings with walk-out beach and water access.

Cape Henry Towers - Virginia Beach Condos

As of this date you can buy a first floor condo in this building in the low $100,000s. Of course, you get what you pay for, as it's a small efficiency/studio type condo, but it's still waterfront. The same unit on an upper floor is going for the mid-$200,000s Mandatory monthly condo fees start at around $300 a month for quite a few amenities, including master insurance, common area maintenance, etc. This building has pet restrictions and may not allow pets at all. Contact us here for more info, and we'll send you a list of everything that's available in Cape Henry Towers, and answer any question you may have.

Chesapeake House - Virginia Beach Condos

This condominium community is also waterfront, and has the added benefit of allowing pets - rare for a high-rise building. Not only is this a definite plus for a buyer with a dog or cat, but it's excellent for resale value, as it opens up the property to more prospective buyers. As of this date, the most affordable condo in Chesapeake House is in the mid-$100,000s - a very small efficiency/studio unit, but still waterfront - an ideal place for the buyer that doesn't need much space. Condo fee for this unit is also extremely affordable at approximately $163 a month. A larger unit is available on an upper floor for the mid $200,000s, but still an efficiency/studio condo with a view of the Chesapeake Bay. Contact us for more info, and for a personal showing.

CLICK HERE TO DOWNLOAD A FREE LIST

Virginia Beach Condos - Oceanfront / Boardwalk area

The Virginia Beach Oceanfront and Boardwalk area is a very popular destination, and properties in this area command a premium. For clients who express an interest in the Virginia Beach Oceanfront, we usually recommend that they look at properties that are not necessarily beachfront, as they will save a significant amount of money. Right now there are small efficiency units available within a very short walking distance to the ocean in the low $100,000s. These are typically 600 square feet in size and under. Larger units will usually start in the upper $100,000s depending on the location. A few condominium complexes are highlighted below.

Pacific South - Virginia Beach Condos

Pacific South is a high-rise building at the Southern tip of the boardwalk / oceanfront area, and typically offers a great value even though it's fairly close to the ocean - about 2 blocks walking distance. Some of the higher floors in Pacific South do have an ocean view. South facing units have a view of Rudee Inlet, and North facing units have a really nice lake view (and a partial ocean view if you're up high enough). It's not uncommon for units to sell in the $250,000 to $300,000 range for a two bedroom, two bathroom configuration. Monthly condo fee for these units is around $400. Pacific South is pet friendly too, with restrictions. Go here to search all Virginia Beach Condos in detail, or send us a message here to get notified by email as soon as new Virginia Beach Condos are available for sale in Pacific South.

Harbour Point - Virginia Beach Condos

For those looking to be in the Oceanfront area, but not necessarily on the beach itself, Harbour Point offers a great alternative, and a beautiful setting on the southern tip of the Oceanfront area, near Rudee Inlet. This is a gated community with views of the inlet along with boat docks for some units. Properties that are available for sale right in Harbour Point range from the upper $100,000s for a small efficiency unit with a $340 per month condo fee, all the way up to the mid to upper $300,000s for a two bedroom, two bathroom condo with a water view and boat slip - still a great value. No pets are allowed at Harbour Point. Get notified when new Virginia Beach Oceanfront Condos come up for sale by clicking here, and send us any question about Virginia Beach Condos and Harbour Point here.

CLICK HERE TO DOWNLOAD A FREE LIST

The above properties are only a few of the many Virginia Beach condos offering a waterfront or near-waterfront location at an affordable price. For a complete list, visit our premier Virginia Beach listings and property search website for complete details, and search anytime on your own - BUYVB.COM.

As always, we're available at 757-802-3004 to answer any questions, or visit any of our websites to search all Virginia Beach Condos, including Virginia Beach Condo Foreclosures at any time - It's Free!

 Print This Post

Buying Virginia Beach Foreclosures – A Step-By-Step Video Guide

Getting ready to buy a home in the Virginia Beach, Chesapeake, Norfolk, or any other area of Hampton Roads Virginia? No doubt you've heard all of the commotion about foreclosures, short sales, and distress property. While it's true that there are quite a few properties here that banks are trying to unload, sometimes the properties that you can actually buy are difficult to find.

We put together the step-by-step video below to show you how easy it is to search Virginia Beach Foreclosures (and all other Hampton Roads areas too - Chesapeake, Norfolk, etc...) and best of all, it's FREE - no cost, no obligation. There's never a cost to search as long as you know how to do it. Other companies will charge you for access to foreclosure listings - some of which you can't even buy. As long as you stick to our websites, you can be confident that you have free complete access.

View the short video below, then search all Virginia Beach Foreclosures here - It's FREE!

 Print This Post

For Virginia Beach and Hampton Roads Home Buyers – Why You Need A Buyer Agent

You're all set to start your search for a home in Virginia Beach or Hampton Roads....you're looking online at different listings...you find a few you like...who do you call for more information? If you're not already aware of the advantages of using a licensed Buyer Agent, you might call the listing agent - the agent hired by the seller to market their property and sell it.

There's a BIG problem with doing it this way. When you talk to the agent that listed the home, you're speaking to an agent who is obligated by law to get their client the best deal and look out for their interests. Why is this an issue? They represent the seller...NOT YOU. Anything you say to them about your financial situation, your motivation for buying, your timeframe, etc...are things that the listing agent should and will use to get their client the best deal....against you!

Let me be clear on this - the seller's agent is not inherently doing anything wrong or dishonest in this situation, as long as they've made it clear to everyone involved who they're representing. The real problem lies with a lack of representation on your side, the buyer.

How do you solve this problem and get someone on your side that's obligated by law to look after your interests? Find an agent that you trust and has experience, and hire them as your Buyer Agent. In the majority of transactions, the seller pays the Buyer Agent's (YOUR agent's) commission, so you rarely have to come out of pocket with your own money. What's better than having someone on your side? Having someone on your side that you don't have to pay.

Here are some benefits to using a Buyer Agent:

• They'll be able direct you to the best websites to use during your search, and also set you up to receive listings by email that match your requirements. Typically these listings will be sent to you as soon as they come onto the market.
• A Buyer Agent will arrange in-person showings on your behalf for as many homes as you have an interest in seeing.
• Once you've found a property in which you're interested, your Buyer Agent will determine if the property is overpriced or priced correctly, and find any additional information that you need to be aware of before making an informed purchase offer.
• Your buyer agent will know what information to reveal to the seller side and when, in order to get you the best deal. In other words - they know how to negotiate.
• A Buyer Agent will be able to explain your options every step of the way, and the consequences and possible outcomes of any decisions you make.
• A Buyer Agent will be able to recommend third party individuals and business that can work for you during the buying process, including home inspectors, termite and moisture specialists, real estate attorneys, mortgage specialists and more.

As I outlined above, the real advantage to using an experienced Buyer Agent comes AFTER you've found a home to buy, and AFTER an offer has been accepted. Buying a house is not an event, it's a process, and sometimes it can be an extremely complex undertaking. This is especially the case with complex foreclosure and short sale transactions.

Don't go it alone....find an agent you're with whom your comfortable, make sure they're experienced, and hire them. You'll be glad you did.

If you're interested in buying a home in Virginia Beach or Hampton Roads, please contact us here or call us 24/7 at 757-802-3004. We provide experienced and efficient buyer representation for all of Hampton Roads. Get your free, no obligation Hampton Roads Home Buyer Consultation to find out exactly how we can help you!

 Print This Post

Five MYTHS of Home Buying

The Five Myths that Create Barriers to Homeownership

 Print This Post