Real estate prices are on the rise, with the average price of a home in Virginia now up nearly 10% from a year ago.
And while the numbers are good news for the average homeowner, the number of properties that are available to rent for as little as $1,000 a month has risen significantly.
The good news is that a number of potential renters are getting their homes ready for sale, and in many cases, the sale price will be significantly lower than the asking price.
But with the popularity of private real estate as a viable investment and with the rise of a large number of homebuyers on the market, there are a number properties that will probably go for a good price at a lower than expected price.
In fact, according to the Real Estate Board of Virginia, just 4% of properties listed for sale in Virginia are actually owned by renters.
And there are some properties that aren’t for sale that are just waiting to be found.
A number of the properties listed here are the most desirable of Virginia’s private realty listings, but they are often hard to find because of their rarity.
The following properties are often listed in a rare spot and are waiting for someone to come along and flip the property for the best price possible.
If you are a prospective renter and have not yet secured a home, the following properties may be the right fit for you.
For more information on renting, see Renting in Virginia.
Virginia has one of the highest vacancy rates in the nation, and it may help to look beyond your immediate area to see which properties are available.
In addition to looking at the properties that have the most available listings, there is a wide variety of properties available for rent in the state, from apartments to condos.
Virginia Property Listing GuidelinesThe Virginia Department of Licensing and Regulatory Affairs (DLRA) provides detailed guidelines for the sale of residential properties.
These are the best practices that can be followed in order to maximize the property’s potential for rental or sale.
The Virginia State Registry of Real Estate, which is part of the Virginia Department the Virginia Real Estate Council, also has a guide for property owners.
The guide includes detailed information on the property, including the types of units and amenities available, as well as the rental or leasing rate.
If the property is for sale for a rental or a lease, the properties owner must provide documentation that the rental/lease is valid.
These documents can be obtained from the rental agency or property owner.
The property must also be in good repair and comply with the applicable building codes.
If the property has a tenant, the owner must also provide proof of the tenant’s residency.
Finally, the property must be in a condition that makes it an attractive place to live.
The owner must submit proof of this at the time of the sale.
To learn more about Virginia’s real estate market, visit Real Estate in Virginia .
