Roanoke jury values seized land at $2.2 million

A small victory in Roanoke for property owners around the Commonwealth: The Roanoke Redevelopment and Housing Authority has been ordered to pay Jay and Stephanie Burkholder $2.2 million for land seized under eminent domain. The figure falls between the $1.53 million the housing authority had offered to pay and the value of about $4.5 million given the Burkholders by two appraisers.

The Burkholders plan to continue their fight against the seizure, and say they hope to ultimately strengthen the rights of Virginia property owners.

Virginia Beach developer nailed with $24,000 fine after state and local agencies make conflicting demands

When a Virginia Beach developer was asked to mow an overgrown 1/3 acre wetlands field by the local government, it complied. But the State Water Control Board considered the tract of land a protected wetland, and by mowing it, they say the developer altered and degraded the wetland, which should have been preserved as natural and open space.

YOUR VIRGINIA brings you up to speed now that the General Assembly has adjourned

Virginia's state legislators have gone home for the year, but not before approving a very thin budget and three homeowner-friendly bills that will help increase the value of your Virginia home in these ugly economic times. We've got the need-to-know information for homeowners in the latest installment of YOUR VIRGINIA, the official newsletter of the Virginia Homeowners Alliance.

Appalachian Power Co. asks for 12.8% increase, commission recommends 3%

Appalachian Power Co. wants to raise rates a whopping 12.8%. If the rate hike is permitted, a customer currently paying $105 per month would instead owe $118.44. The State Corporation Commission is recommending that commissioners consider limiting the rate increase to 3%.
Appalachian's 2009 profit from its full service territory, including parts of Virginia, West Virginia, and Tennessee, totaled $155.81 million.


NAR Green Designation

This two-day course highlights what makes a property green, strategies for educating clients about green features, financial incentives and rebates available to home buyers and how to market yourself as a green real estate specialist once you obtain the GREEN designation.


Fees - $299 members/non-members

Wed, 03/10/2010 - 09:00 to Thu, 03/11/2010 - 17:00
Dulles Area Association of REALTORS®, 803 Sycolin Road, #222, Leesburg, VA 20175

The scoop on the Realtor legislative agenda's progress: Capitol Connections #7

Things are looking good for the Realtor® Legislative Agenda as it makes its way through both chambers of the Virginia General Assembly. Read all about it in today's Capitol Connections newsletter.

VAR bills that have passed both houses:

VHDA increases income limits statewide

Good news for first time homebuyers! Now, more homebuyers may qualify for a VHDA FHA Plus or Homebuyer Tax Credit Plus loan that offers an affordable fixed rate and help with the down payment.

Income limits increased in all areas of the state and sales price/loan limits increased in most areas.

Visit for a chart containing a summary of the new limits and for complete details.



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