Paying Off a Richmond Mortgage Early: Extra Principal, Biweekly Plans and What the Math Shows

Extra principal shortens your mortgage and cuts total interest, but your payment does not drop and paid biweekly programs can eat the savings. Here is…

Reconsideration of Value on a Richmond-Area Purchase: How to Challenge a Low Appraisal and What Evidence Counts

You can challenge a low appraisal through a reconsideration of value, but only through your lender, usually once per appraisal, and only with real evidence.…

Richmond-Area Neighborhoods Off the Powhite, Chippenham and Downtown Expressway: What a Toll-Road Commute Costs

A two-axle car with Virginia E-ZPass pays $0.90 at the Powhite Parkway mainline and $0.90 at the Downtown Expressway mainline, per the RMTA rates page…

Selling a Richmond-Area Home With Foundation or Structural Problems

You can sell a Richmond-area home with foundation or structural problems. Here is what Virginia's disclosure law says, how an engineer's report fits, and how…

Running a Business From Your Richmond-Area Home: Zoning, Home Occupations and Business Licenses

Can you run a business from a house in the Richmond area? Here is what each locality's own pages say about home occupations, zoning approval…

Richmond-Area Neighborhoods Near Richmond Raceway: What Race Weekends Mean and Who Each Area Suits

Six areas near Richmond Raceway, from North Side to Varina, ordered by driving distance along Laburnum Avenue. What the raceway says about race weekends, the…

Real Estate Taxes on a New Construction Home Around Richmond: The Partial-Year Assessment and the Bill That Comes After Closing

Your closing proration on a new home may cover the lot only. Here is why a second real estate tax bill can arrive after closing,…

A Drive-Thru Coffee Shop and Bank Branch Are Proposed on 4 Acres Near Winterfield Crossing in Midlothian

A Florida-linked owner wants to rezone 4 acres at 14290 and 14300 Midlothian Turnpike for a drive-thru coffee shop, a bank branch and more retail.…

HCA Starts $24.6 Million Neuroscience Center Expansion at Johnston-Willis Hospital in Chesterfield

HCA broke ground on a $24.6 million expansion of the neuroscience center at Johnston-Willis Hospital. Here is what Richmond BizSense reported and what it means…

Refinancing a Richmond Home: How to Work Out Your Break-Even Point

Your refinance break-even point is the number of months it takes for monthly savings to repay the closing costs. Here is the formula, a worked…

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