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About Toni Yates
(Top Expert on this page)

Expertise
As a real estate broker and agent for over 12 years, I am qualified to answer questions about buyer and seller agency, home ownership, second home ownership, lake property and basic real estate information and laws as they apply in the Commonwealth of Virginia.

Experience
12 years in real estate and a second home owner. Top producer for many years. Have specialised in resort and second home as well as primary home ownership. Also have expertise in equestrian properties. Owner and one of the founders of Re/Max Lake & Country as well as Greenway Horse Farm.

Organizations
National Association of Realtors, Virginia Association of Realtors, Fredericksburd Area Association of Realtors, Richmond Area Real Estate Association and Charlottesville Association of Realtors. Re/Max and the Better Business Bureau.

Education/Credentials
Real estate licensing and broker licensing courses as well as required and optional continuing education in my field.

Awards and Honors
Top producer awards from FAAR and Re/Max.

   

You are here:  Experts > Shopping > Home Buying/Selling > Buying or Selling a Home

Questions Answered By Expert  Toni Yates 
In Category  Buying or Selling a Home

SubjectDate Asked

false disclosure10/27/2009
  Q: We purchased a home in 2007, on the sellers diclosure it said that the house had a new roof.... we ...
  A: Sorry for the delay in responding. I just got out of the hospital. Bottom line- what was in writing? ...
sex offender moved next door/real estate value9/20/2009
  Q: My husband and I live in a fairly small town in Virginia, and live in a home built in the 1980s. We ...
  A: In Virginia, there is a disclosure that buyers sign that is called the Megan's Law Disclosure. In ...
House9/18/2009
  Q: Can you tell me everything about buying a house? How does it all works?
  A: There is really too much involved to teach you here. The two most important things to know are that ...
FHA (Termite/Moisture Inspection NOT required)8/30/2009
  Q: I am buying a home with an FHA loan and found out that a termite/moisture inspection is not required ...
  A: Depending on the wording of your contract, it can cover wood-destroying "infestations". Again, ...
FHA (Termite/Moisture Inspection NOT required)8/30/2009
  Q: I am buying a home with an FHA loan and found out that a termite/moisture inspection is not required ...
  A: Not a good situation. Does your contract have a home inspection contingency? Sure they don't WANT to ...
buying/selling land in VA8/24/2009
  Q: My niece purchased about 60 acres of land in Fredericksburg, VA. She has been told that she can ...
  A: Sorry to be so long in responding, I have been in the hospital for over a week. I live near ...
neighbors8/22/2009
  Q: When buying a house are there any strategies to determine the sellers' true motivation for selling? ...
  A: Sorry to be so long in responding, I have been in the hospital for over a week. My answer is to go ...
My Deposit Check7/29/2009
  Q: I live in the state of Michigan. I have a problem with my (Previous) real estate agent when I ...
  A: A lot depends on your contract but in general, unless there was a definite deadline that the bank ...
buying home7/14/2009
  Q: we owe $81,000 on our home and our mortgage company is offering us to purchase the home for ...
  A: I have never heard of this. Why would they offer to settle your mortgage for so little and under ...
Getting A House Without Buying It Right Now...7/8/2009
  Q: A former landlord got so pleased with our responsibility on the payments and the care of the house ...
  A: This is loaded! I would like to compliment you on being a model tenant but I am getting a lot of red ...
Shoe Etiquette6/30/2009
  Q: I am a realtor, and my partner and I have a client who asks us to remove our shoes when at their ...
  A: This isn't exactly a boker's question but it is fun! Personally, I would not go barefoot in my ...
window coverings6/28/2009
  Q: I have valances in my living room, along with wooden blinds. Am I obligated to leave my curtains ...
  A: I don't know what state you are in but the rule is whatever your contract says. If your listing ...
Help!6/21/2009
  Q: My Name is Lisa and I'm 25 soon to be 26 this year in Aug. I am married and have 2 children I am a ...
  A: There is always a light at the end of the tunnel. I would suggest that you talk to a loan officer ...
California property taxes6/8/2009
  Q: My brother-in-law recently died. Since his estate was so small, a California attorney, referred us ...
  A: I am sorry about your brother-in-law. I may not be the right person to answer this but if property ...
Agent research5/18/2009
  Q: I live in the Shenandoah Valley in VA. I'm preparing to put my house on the market. Naturally, I ...
  A: What a great question! Too many people don't do their research. Here's what I recommend (and I'm ...
Changes to deed while under contract4/1/2009
  Q: My wife and I have been under contract on a home for about a month and a half, we are very close ...
  A: In my opinion, this situation is a material fact which should have been disclosed to you and your ...
Terminate a lease early3/31/2009
  Q: I am currently renting a condo in Sterling, VA, this summer I would like to start looking for a ...
  A: Congratulations on wanting to become a homeowner and this is definitely the time to do it! ...
Buyer stuck?3/22/2009
  Q: The sellers house was appraised for less than the buyer offered,the bank would not loan the buyer ...
  A: Again it depends on how the contract reads. What I meant was you can ask anything and get anything ...
Buyer stuck?3/22/2009
  Q: The sellers house was appraised for less than the buyer offered,the bank would not loan the buyer ...
  A: I'd really have to see the contract to determine what the options, if any, might be. Where is the ...
why is buying a home considered a second home when i am renting a commute apartment?3/18/2009
  Q: I've just signed a purchase agreement to buy a new home in Rio Vista, CA. I will not be living ...
  A: In my opinion, the tax credit was established to encourage people to buy and own homes. As this is ...
earnst deposit2/3/2009
  Q: When can you lose your earnst deposit on a forclosure purchase
  A: Can you be more specific? You can possibly withdraw your offer, depending on your contract and/or ...
Legality for banks not to give buyers bid amounts1/6/2009
  Q: I live in the state of Virginia and I am trying to buy a foreclosure the bank came back with they ...
  A: Here's the deal- the bank (in the case of a foreclosure) has already paid for the property so they ...
Paying off a property12/21/2008
  Q: My wife and myself owe a property in Espanola N.M. ( Reo-Arreba County)Recently we paid all our debt ...
  A: Once you have paid off the mortgage, you should receive a notice of satisfaction of lien or ...
Buying real estate in Detroit metro area12/13/2008
  Q: I am looking at buying a condo in the Detroit metro area (Taylor, MI). This condo is three years old ...
  A: Most experts believe that we are at the bottom of the market. It may be awhile before prices start ...
2 siblings won't agree to sell home owned jointly by 4 siblings12/9/2008
  Q: I am one of 4 siblings who co-own a lake home that we received from our mother. Two siblings need to ...
  A: I think you need to consult an attorney as you may need to take your siblings to court in order to ...
realtor agreement11/29/2008
  Q: if i found a buyer for my condo and my broker did nothing to help me why and how or can i get out of ...
  A: Let me start by saying that there are a lot of other services that a listing broker/agent provides ...
quick dee10/23/2008
  Q: When I bought my house my husband's credit score was not high enough to qualify (even though his ...
  A: In most states, I believe you can have an attorney or title company draw up a new deed (title) and ...
Finance Contingency/Pre-settlement Occupancy Agreement9/30/2008
  Q: We entered into a Pre-settlement Occupancy Agreement wtih a $10k deposit and $2500/month rent ...
  A: The correct answer may vary depending on what's in your contract and the laws in your jurisdiction ...
purchasing home9/30/2008
  Q: My wife and I are supposed to close on a house that we are purchasing tomorrow. The owner agreed to ...
  A: Yikes! OK, here's the deal. DID THE OWNER AGREE TO FIX THE A/C IN WRITING? If so, he doesn't have a ...
Leaking Stanley Martin Homes in Woodbridge, VA (Belmont Bay)9/27/2008
  Q: I am a Soldier in the Army and I will be deploying to Iraq in February. I bought a house in ...
  A: I applaud you in being a man of action, particularly in light of your going overseas shortly. God ...
willing and able Buyer9/23/2008
  Q: Purchaser has performed a complete home inspection as a result of that ,Purchaser requests seller to ...
  A: It blows my mind that if someone agreed to a price in THIS market and the buyer is willing to go ...
Property Boundaries Laws9/9/2008
  Q: We have a neighbor that cuts the grass on a piece of our property we usually leave as field grass. ...
  A: It might better be answered by an attorney but I'll tell you what I learned in Real Estate Law. I ...
Misrepresentation by Realtor at signing of Sales Contract9/5/2008
  Q: I have a ratified contract. What recourse do I have when a realtor has sent me an e-mail stating ...
  A: I am not saying you don't have an issue or that you don't have some recourse but it is also your ...
Ryan Homes8/31/2008
  Q: My wife and I signed a contract last November to build with Ryan Homes. We immediately put our home ...
  A: In response to your follow-up, a lot depends on your contract. You need to look at what constitutes ...
Ryan Homes8/30/2008
  Q: My wife and I signed a contract last November to build with Ryan Homes. We immediately put our home ...
  A: I am sorry you have had such a bad experience. Without a legal review of your contract with the ...
purchasing a home7/24/2008
  Q: I'm currently leasing a home that i want to purchase, but the current owner at this time owes taxes ...
  A: If the owner has a mortgage on the house, it generally includes escrow for taxes meaning that ...
Buying Land for home in VA7/11/2008
  Q: My family has decided that we want to move closer to Ohio where our parents live (we are currently ...
  A: First, you need to find a good buyer's agent in the area you are interested in. If you don't know ...
real estate7/9/2008
  Q: If I sell my rental home through a realtor and by the time we close the mortgage is one month late ...
  A: Generally, if you have a property going to settlement, the title company or attorney calls the ...
buying home with fiance, using maiden name, need to change name on title later to married last name?7/3/2008
  Q: my fiance and I are buying a home (we close on Monday) in Henrico County. The title will be in both ...
  A: I actually checked with a title agency on this one. There are different ways of taking title for ...
RE classes6/25/2008
  Q: I wasn't sure where to ask this question so forgive me if it's posted in the wrong area. I am ...
  A: I put "real estate schools Houston" into my search engine and came up with several places that offer ...
buying out a real estate partner5/31/2008
  Q: Three years ago a friend and I bought a townhouse in northern Virginia. We bought it as an ...
  A: Sorry for the delay in answering- I was out of the country. The first step is to contact the ...
Cancellation contract,5/5/2008
  Q: Last Oct 29th, 2007, my wife and I signed into a contract to build a home with a home builder in a ...
  A: Without seeing your contract, it would be difficult to say whether or not you have an "out." My ...
Contract conflict4/30/2008
  Q: My question is, I am right in the middle of a 6 month contract with a realtor. I am truly not ...
  A: Wow- I can see why you are frustrated. First off- let me say that this is a tough market for comps. ...
buying in VA without an agent4/16/2008
  Q: My fiancée and I are planning to buy a home very soon. We have not signed any agreement with a ...
  A: While I appreciate your ultimate goal, I believe you take a real chance of causing issues for ...
Contract wording3/24/2008
  Q: We are selling our parents home (we own) As Is and need wording to respond to a contingent contract. ...
  A: I usually say something along the lines of- "This property is being sold in as-is condition with no ...
Financial issue3/21/2008
  Q: I am married for 17 years and I bought a house around 10 years ago.... My husband spend so much time ...
  A: Based on the facts you have provided, if your husband is not on any of the documents (deeds or ...
breaking a purchase agreement3/12/2008
  Q: We signed a purchase agreement with no appraisal contingency clause. The appraisal came in over ...
  A: Are you sure there is no appraisal contingency- as in if there is a financing contingency, your ...
First time investing2/7/2008
  Q: My name is Chris and I recently posted on here a few weeks ago looking for some help with some ...
  A: Your payment is made up of PITI or principle, interest, taxes and insurance. You may want to speak ...
First time investing2/7/2008
  Q: My name is Chris and I recently posted on here a few weeks ago looking for some help with some ...
  A: First, let me say that I admire your wanting to get ahead by investing in real estate and I agree ...
selling in Norfolk, VA11/26/2007
  Q: I have a 2 br/1 ba 1100-1200 sqft condo near dowtown Norfolk in a popular residential neighborhood ...
  A: There are two ways to determine the market value of your home- one is an appraisal (which should run ...
buying11/13/2007
  Q: my boyfriend went into contract to buy a house. the seller doesn't even own the house yet because ...
  A: I have seen those types of "deals" but generally the first one had to settle not using the second ...
cancel an offer11/2/2007
  Q: I was going to close on a home purchase on 10/31. However, seller did not complete all repairs by ...
  A: Well Julie, based on your response and if you are determined not to go through with the deal- you ...
cancel an offer11/1/2007
  Q: I was going to close on a home purchase on 10/31. However, seller did not complete all repairs by ...
  A: A lot depends on your contract. Did it read "on or before" 10/31 or "on or about?" Did you agree to ...
Switching Realtors10/17/2007
  Q: My husband and I have not been working with a realtor. We found a home we wanted to make an offer ...
  A: Wow-I'm surprised at the realtor's attitude. I have a question for you. In the paperwork you signed ...
purchasing10/16/2007
  Q: . right now we can afford to purchase an apartment but not a home.So we are thinking of buying one ...
  A: If you are asking about a condo or co-op then there are a lot of factors in making that decision ...
Breaking A Listing Agreement10/12/2007
  Q: We had an issue with our realtor's performance and sent a certified letter to our broker documenting ...
  A: What a mess! I tell my clients when they list with me that they can cancel if they are unhappy with ...
Getting earnest money back10/9/2007
  Q: Me and my husband signed a contract last November to get a new home and where asked to put down ...
  A: I'm not sure without seeing the contract but I would tell you to go ahead and notify the builder via ...
Getting earnest money back10/9/2007
  Q: Me and my husband signed a contract last November to get a new home and where asked to put down ...
  A: There are several factors to this question that weren't mentioned that impact the answer. Who was ...
Misled by the seller9/29/2007
  Q: I am writing because I am purchasing my first home and I am being misled by the seller and my agent. ...
  A: I'm sorry your first experience has been such a hassle. Please keep in mind that I am not a lawyer ...

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