Front Royal, Winchester, Strasburg and Luray real estate and homes for sale in Virginia - Craig Alexander, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo

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    Reduced - BANK OWNED $158,900  Commercial Potential  
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Address:   301 S. Main St.    City/ST:   Woodstock, VA   Zip Code:   22664  
Location:   301 S MAIN ST, WOODSTOCK, VA   Property Type:   Single Family Home   New or Resale:   Resale   
Square Footage:   2936   Bedrooms:   6   Bathrooms:   2 full, 1 half  
MLS#   SH7168181   Property Tax:   1136  

**TONS OF POTENTIAL! **Renovations started, but never completed! **CASH OR RENOVATION LOAN ONLY **Spacious home with potential for commercial use! **Wood floors **Corner lot w/ garage/storage shed **Bring your imagination and be ready to do some work! **Bank-owned--please bring your highest and best offer!

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Real Estate Tips
Financing Your Home >Lenders Want to Say Yes

If you wish to buy a home but consider yourself incapable of getting credit, you may be living in the past in terms of assessing your financial situation. Lenders have become more flexible in underwriting mortgage loans.

A recent survey of mortgage lenders revealed some interesting trends. Ninety-six percent of those surveyed had cut their standard down payment requirements for moderate-income buyers, and 93% said they are more lenient regarding debt-to-income-ratios. Ninety-four percent of those surveyed said they now have more flexible approaches to credit histories, and look at rent and utility payments more than credit cards. Seventy-nine percent of lenders say they have relaxed employment criteria. They now look more at your capacity to generate a stable flow of income rather than requiring a long history at one job.

There are more lenders today, and they are in fierce competition with each other. The home loan industry has created entire markets that cater to those with less-than-perfect credit.

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Real Estate Trivia
Q 
What was the longest distance a building has ever been moved?

A 
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums.
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Craig Alexander, REALTOR®, real estate agent and broker for Front Royal, Winchester, Strasburg and Luray, Virginia home listings, property and land for sale - NUMBER1EXPERT

Craig Alexander
Weichert Realtors

824 John Marshall Highway
Front Royal, Winchester, Strasburg and Luray, VA. 22630
Cellular: 540-671-6082
Home Office: 540-933-6964
Fax: 540-301-0791
Voice Mail: 540-635-1300 ext. 131
Email: craigalexander@NUMBER1EXPERT.com
Email: craig@mris.com

Born and raised in the Front Royal area, I began practicing real estate in 1990. I offer a wealth of information about the area, including Front Royal, Warren County, Winchester, Frederick County, Flint Hill, Rappahannock County, Strasburg, Shenandoah County and Luray, Page County. A top producer in the region with over 450 closed transactions since 1997, I provide the best service possible to my customers and clients and have been recognized as one of the Top 5% Realtors nationwide for the past 7 years.

ABR RELO REALTOR MLS Equal Housing ePro


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