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Cross Lanes, WV Real Estate News

By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Sold! Lake Chaweva Cabin Has New Owner Situated on 1/2 acre wooded lot, this charming rustic cabin is great for a get-away without really going away. The home features 2 bedrooms, 1 bath with a loft that could be 3rd bedroom. Best of all, it is located in Cross Lanes, WV which is classified as a rural area by the USDA. If your annual income is less than $73,000 and a credit score of 620 or greater, you can qualify for the USDA Rural Development Loan. Prepaid items and closing costs can be rolled into the mortgage, allowing you to make only one payment. 694 Ridge Drive, Cross Lanes, WV has been sold and has a new owner. Contact me if you have a home in Lake Chaweva that you would like to sale.
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
October 2012 Cross Lanes WV Townhouse Sales Report Townhouse and condo living is for individuals that want minimal exterior upkeep, but yet don't want to live in an apartment. Townhomes are a good combination of house and apartment, with the best of both worlds. One of the best places to live in the Kanawha Valley if you are looking for a townhouse is Cross Lanes, WV. Cross Lanes is an unincorporated area 15 minutes from Charleston and 15 minutes from the Teays Valley/Scott Depot area. In October, 2012 2 townhomes were sold for an average price of $114,000 and only stayed on the market for 90 days. 8 townhouses/condos are available as of this writing. If you are looking to buy or sell a townhouse in the Cross Lanes area, please give me a call!  
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
First time home buyers can qualify for 100% financing in Charleston WVAs a first time home buyer, it can come as a shock when finding out the costs involved in purchasing a home in Charleston, WV. If you are ready to buy but perhaps low on the funds to cover the closing costs and prepaid items, then you may consider a USDA Rural Development Loan. The USDA Rural Development Loan program was developed to help folks purchase a home in rural areas. To qualify for the loan, buyers must have: * a credit score of 620 or better * stable employment history * annual household income for 1 - 4 people of $74,750 or less * annual household income for 5 - 8 people of $98,650 or less Closing costs and pre-paid items (like homeowners insurance, etc) can be rolled into the purchase price for one monthly...
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Cross Lanes WV Real Estate for October 2012 October 2012 Real Estate Report Homes Sold: 17   Average Sales Price: $133,448   Homes Currently on the Market: 68   Homes Currently Under Contract: 25   Average Days On the Market: 59   The Cross Lanes market picked up in October, with only taking approximately 4 months to deplete all current homes on the market. Compared to October 2011, the market is showing improvement as well. Last Year period to period, only 6 homes completed escrow for an average sales price of $111,083. Cross Lanes WV is a nice suburban community located only minutes from Charleston, and about 20 minutes from Huntington. The great thing about Cross Lanes is it is classified as a rural area from the USDA so many homes will qualify for a Rural Development loan where firs...
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Only $400 down to purchase this $64,000 home in Cross Lanes, WV. Situated on 1/2 acre wooded lot, this charming rustic cabin is great for a get-away without really going away. The home features 2 bedrooms, 1 bath with a loft that could be 3rd bedroom. Best of all, it is located in Cross Lanes, WV which is classified as a rural area by the USDA. If your annual income is less than $73,000 and a credit score of 620 or greater, you can qualify for the USDA Rural Development Loan. Prepaid items and closing costs can be rolled into the mortgage, allowing you to make only one payment. If you would like more information on this home or the USDA Rural Loan, call me at (304) 741 4705.
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Cross Lanes WV Real Estate Market Report for September 2012 September 2012 Real Estate Activity Homes Sold:  7 Average Sales Price:  $172,685 Homes On The Market: 78 Homes Currently Under Contract: 27 Average Days On The Market: 72 In comparison to last September 2011, Cross Lanes market showed improvement with higher average sales price, but fewer homes sold and took a little longer to sell September 2011 Real Estate Report Homes Sold: 15 Average Sales Price: $130,060   Using the absorption* rate, the Cross Lanes Real Estate Market is currently a Buyer's market with all current inventory taking over 11 months to sell. If you would like to learn more about the homes for sale, please contact me today!
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Just Listed! Charming Rustic Cabin on 1/2 Acre of Land Situated on 1/2 acre wooded lot, this charming rustic cabin is great for a get-away without really going away. The home features 2 bedrooms, 1 bath with a loft that could be 3rd bedroom. Lake Chaweva is an original gated community in Cross Lanes, WV. The property is located a short walk from the lake where non-motored boats are welcome.
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Cross Lanes, WV Home Sales Reports - July 2012 is provided by Dale Samples, REALTOR. There are currently 78 active single family properties on the market in Cross Lanes. Twelve homes completed escrow in July with an average sale price of $165,041. The average home stayed on the market for 50 days. Presently, 28 homes are in pending status, meaning buyer and seller have come to an agreement on terms and price. These homes will complete escrow in 30 - 45 days typically. Cross Lanes, WV is moving towards a buyers market with an absorption rate of 6.5 months.    
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By Dale Samples, REALTOR -Homes for Sale Charleston, West Virgini
(304.741.4705 • www.dalesamples.com )
Cross Lanes WV homeowners had a frightful time in October. Only 7 homes sold this month, while during the same period last year 9 homes completed escrow. While the "largest un-incorporated city in America" saw a small decrease in sales, Cross Lanes, WV homeowners should not fear. The community is still a great place to live and the homes are always a good investment. According to the multiple listing service, the average $166,642, or 91% of original price. The homes also don't haunt the market, only staying on average for 81 days! If you are looking to sale your Cross Lanes, WV home, contact me and I will use my bag of tricks to exoricse your home from the market. To contact me you can Call / Text (304) 741 4705.     *Data was supplied by the Kanawha Valley Board of Realtors and the mul...
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