Virginia

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Over 12,000 years ago, several Native American tribes started arriving in the present-day state of Virginia. One of the first recorded tribes were the Algonquian people who founded the village of Werowocomoco. Other tribes that would settle later included the Siouan, who inhabited the western region and the Meherrin and the Nottoway, who inhabited the northern and southern parts of the state.

Though the Spanish were the first Europeans to explore this area, it was the English who would wind up successfully settling it. In 1583, Walter Raleigh was granted a charter by the then Queen Elizabeth I from England to establish a colony located to the north of Spain’s territory known as Spanish Florida. One year later, Walter sent his troop, and Virginia was founded. In 1606, the London Company was founded and incorporated. This company funded the development of ‘New Town’ in ancient Jamestown, which was the first permanent British settlement in the area. Though the settlers suffered several setbacks and engaged in wars such as the Anglo-Powhatan War, most of them still survived, and the settlements became permanent.

With an estimated population of about 690,000 people, Virginia was admitted to the union as the 10th state on June 25, 1788. Encompassing an area of 42,774 square miles, VA ranks as the 35th largest state in geographic size. It is also United States’ 12th most populous and has an estimated population of about 8.5 million people calling it home. It is known by various nicknames such as; the Mother of States, the Mother of Presidents or the Old Dominion. The state uses the official motto of ‘Thus Always to Tyrants’ and claims yellow and black as its official state colors.

Even though the state was part of the initial 13 colonies in the American Revolution war, it eventually seceded from the Union to join the Confederacy during the American Civil War and it was even made the capital of Confederate States. The secession greatly troubled the Union sympathizing western counties which in turn united together and seceded on their own to join back up with the North. These rebellious counties were eventually collectively recognized as the state of West Virginia.

In the New World, VA General Assembly holds the record of being the oldest law making body. The state government has continually been ranked for effective governance due to the unique way it manages the public resources. The economy of the state hosts federal agencies such as CIA, agriculture in the Shenandoah Valley, military facilities at Hampton Roads, and it hosts the region’s main seaport. In the mid-20th century the economy here was primarily an agriculture-based economy, but now it is the leading producer of computer chips due to its fast growing industrialization.

The VA Commonwealth is located in the southeastern region of the United States known as the South Atlantic States. Its immediate neighbors are Maryland, Tennessee, North Carolina, West Virginia, Kentucky, Washington D.C., and the Atlantic Ocean. A major landmark in this state is the Chesapeake Bay, which is formed by the confluence of several rivers such as the Susquehanna River, Rappahannock River, James River, Potomac River and the York River. The climate here is greatly influenced by the Chesapeake Bay and the Blue Ridge Mountains. The two physical features provide for much of the fauna and flora habitat in the state.

This state has many unique parks such as the Colonial Parkway, also known as the Colonial National Historical Park, which combines several historical sites such as the Yorktown Battlefield, Colonial Williamsburg, and the Historical Jamestown. The Five Forks Trail System is provides hiking, walking and picnic areas to tourists. The National Museum of the Marine Corps is a unique facility that stocks various tools, books, arts, photographs and collectibles that detail the history of the Marine Corps. The Shenandoah National Park and Skyline Drive is known for its Blue Ridge Mountains and is quite famous with hiking, trailing and camping enthusiasts. The George Washington Birthplace National Monument Park is a historical park that preserves the birthplace of the former first president of the United States; George Washington.

The most popular beach in the state is Virginia Beach, which is famous for its golden sand, amusements and hotels. Here you will also find the VA Aquarium and Marine Science Museum where you can learn more about sea life, its climate, and see various sea collectibles. The Back Bay National Wildlife Refuge within the coastline is a popular area for those who love hiking and picnicking. The Atlantic Wildfowl Heritage Museum and the Old Cape Henry Lighthouse are other major attractions along the coast.

The city of Richmond serves as the state's capital and is known by several nicknames such as; the Capital of the South, Fist City, the River City and the RVA, this city has a strong economy and hosts the headquarters of several Fortune 500 companies such as the MeadWestvaco Corporation and the Dominion Resources. This city is served by several major highways such as I-64, I-95, I-195 and 1-295 along with the Richmond International Airport, which is nearby.

The state is known for its many post-secondary schools with the George Mason University enrolling the highest number of students. Other public universities include; the Christopher Newport University, Radford University, James Madison University, VSU, Marine Corp University, Virginia Tech, Longwood University, Norfolk State University, Old Dominion University, University of Mary Washington and VCU. The Liberty University is the biggest private university and enrolls the highest number of students in the state.

The Commonwealth is the most populous state in the US with no sports franchise participating in the major professional sports league. Despite this absence, there are many minor league teams here affiliated with the MLB like the Richmond Flying Squirrels who are affiliated with the MLB San Francisco Giants, the Norfolk Tides with the Baltimore Orioles, the Lynchburg Hillcats with the Cleveland Indians, the Salem Red Sox with the Boston Red Sox, and the Potomac Nationals with the Washington Nationals. VA is also home to the Norfolk Admirals affiliated with the NHL Edmonton Oilers ice hockey team. Auto racing fans attend races at the Richmond International Speedway and the Martinsville Speedway. These two tracks frequently host the NASCAR Sprint Cup and Xfinity Series. For horse lovers, you will find a great mix of polo, steeplechase, and many horse shows and competitions. Last, but not least, there are many great Collegiate NCAA Division I teams here including the Hokies, the ODU Monarchs, the UVA Cavaliers, the Hampton Pirates, the James Madison Dukes, the VMI Keydets, the Liberty Flames, the Norfolk State Spartans, the Richmond Spiders, and the William & Mary Tribe.

The culture of this state is preserved through various museums, festivals, and events. Whether you are craving big-city food, culture, or small town celebrations, there seems to be a festival happening in just about every part of VA on most any given weekend. For instance, the VA State Fair is an annual event that features shows, exhibitions, and competitions aimed at uniting the residents. The VA Film Festival is an annual event that features competitions and awards across various categories in the film industry. Other major events include the Chincoteague Pony Swim and Auction and Shenandoah Apple Blossom Festival among many others. The VA Museum of Fine Arts is a renowned museum known for its wide collection of arts. Other museums include; the Frontier Culture Museum, the Steven F. Udvar-Hazy Center and the Science Museum.

The economy here is diversified with the major contributors being retail, tourism, health, banking, food processing, and technology among many others. It is the headquarters for nearly Twenty Fortune 500 Companies are headquartered here such as Freddie Mac, Northrop Grumman, General Dynamics, Capital One Financial, Altria Group, AES, Computer Sciences, CarMax, Dominion Resources, Norfolk Southern, Hilton Worldwide Holdings, Advance Auto Parts, Genworth Financial, Owens & Minor, Dollar Tree, Huntington Ingalls Industries, TEGNA, MeadWestvaco, and Booz Allen Hamilton Holding. Some of the other largest private employers include; the Sentara Healthcare, Wal-Mart, Food Lion, Inova Health Systems, Target Corp, Kroger, U.P.S., and the Riverside Regional Medical Centers.

When buying or selling a house here, the real estate closing agent will typically use a Warranty Deed or Special Warranty Deed to convey the title of the property to the new owner. For the deed to be legally valid, the document must include the property’s exact legal description, which usually comes from language within the property’s original survey. This state primarily follows the Public Land Survey System (PLSS) methodology when surveying the properties. Since this state used to be part of the original 13 U.S. Colonies, it primarily follows the old English real estate surveying method of using Metes and Bounds to legally describe the property.

If you aren’t paying cash for the home and are instead getting a loan to buy the real estate, then understand that this is primarily a title theory state. This simply means that the raw title of the property will remain in a trust until the lien is ultimately paid off. The most common document that is used here to secure the lender’s interest in the title is called a Deed of Trust.

If for some reason the borrower cannot repay the home loan, then the lender can typically avoid having to go through the court system. They do this by merely starting a non-judicial foreclosure which typically only takes about 45 days to complete. However, when necessary, the lender may need to instead go to court and start a more lengthy and costly judicial foreclosure. The laws that pertain to the Va. foreclosure process are mostly found in VA Statutes in Title 55, Chapter 4, §55-48 through §55-79.06.

However, if you are a landlord that needs to evict a non-paying tenant, then you would need to reference the Va. statutes of Title 55, Chapters 13.1-13.3 instead. Whereas if you are looking to become a real estate agent, then you would just deal directly with the Va. Real Estate Board, which oversees all the licensing of the agents and most of the implementation and enforcement of the real estate laws here. Amongst other things, the main requirements to get a real estate license here would be to be at least 18 years old, complete at least 60 hours of approved VA real estate courses, successfully pass the written state exam, pass certain criminal background checks, be sponsored by a licensed Va. real estate broker, and pay the various required licensing fees.

The beautiful scenery, rich history and culture, great beaches, strong economy, fantastic universities and schools, frequent festivals and sporting events are just but a few good qualities that make this state the perfect area for people to call home. Speaking of homes, if you happen to have one that you would like to sell, then we would be honored with the opportunity to purchase it from you. If the speed of selling your home is your concern, have no fear because we can close escrow very quickly. In fact, if you had only contacted Finally Sold ten days ago, your home could have already been Finally SOLD by now.

 

Some of the counties where we purchase properties in the Commonwealth are: Accomack | Albemarle | Alleghany | Amelia | Amherst | Appomattox | Arlington | Augusta | Bath | Bedford | Bland | Botetourt | Brunswick | Buchanan | Buckingham | Campbell | Caroline | Carroll | Charles City | Charlotte | Chesterfield | Clarke | Craig | Culpeper | Cumberland | Dickenson | Dinwiddie | Essex | Fairfax | Fauquier | Floyd | Fluvanna | Franklin | Frederick | Giles | Gloucester | Goochland | Grayson | Greene | Greensville | Halifax | Hanover | Henrico | Henry | Highland | Isle of Wight | James City | King and Queen | King George | King William | Lancaster | Lee | Loudoun | Louisa | Lunenburg | Madison | Mathews | Mecklenburg | Middlesex | Montgomery | Nelson | New Kent | Northampton | Northumberland | Nottoway | Orange | Page | Patrick | Pittsylvania | Powhatan | Prince Edward | Prince George | Prince William | Pulaski | Rappahannock | Richmond | Roanoke | Rockbridge | Rockingham | Russell | Scott | Shenandoah | Smyth | Southampton | Spotsylvania | Stafford | Surry | Sussex | Tazewell | Warren | Washington | Westmoreland | Wise | Wythe | York | Alexandria | Bedford | Bristol | Buena Vista | Charlottesville | Chesapeake | Clifton Forge | Colonial Heights | Covington | Danville | Emporia | Fairfax | Falls Church | Franklin | Fredericksburg | Galax | Hampton | Harrisonburg | Hopewell | Lexington | Lynchburg | Manassas | Manassas Park | Martinsville | Newport News | Norfolk | Norton | Petersburg | Poquoson | Portsmouth | Radford | Richmond | Roanoke | Salem | South Boston | Staunton | Suffolk | Virginia Beach | Waynesboro | Williamsburg | Winchester.

At Finally Sold, we buy most all single family homes in their as is condition. If you happen to have a property that you would like to sell, make sure you call us or fill out our short online form so that you too can once and for all get your property Finally SOLD!

Finally Sold is a national real estate investment company that specializes in helping homeowners sell quick for cash. We are not Realtors® or a real estate agency. We instead purchase houses and real estate for our benefit. No 'Agency' is created when selling a property to us. We are an Equal Housing Opportunity Provider. We do business in accordance to the Federal Fair Housing Law. One or more franchisees of Right Now Capital, LLC and the Finally Sold Brand may be licensed real estate agents.