About Suffolk City County, VA

The city of Suffolk was hit by a tornado on April 28, 2008. Many residents are facing big bills from deductibles and other charges. A little bit of good news came thier recently as the United Way of South Hampton Roads mailed $500 checks to 288 people in Suffolk who applied for assistance. There were pledges of $600k but so far only $175k has actually come in. The area did not qualify for federal assistance because to many people had insurance. Go figure. The price of real estate hasn't suffered so if residents want to sell the homes there the opportunity exists.

Here is link to the original blog http://www.activerain.com/blogsview/507472/Something-Is-Missing

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What does a man who imported fouty settlers to Suffolk 400 years ago have to do with this rd? Well if is name is Richard Bennett it has everything to do with it. He was the first father of Nansemond County and was Virginia's first governer under the Puritan Commonwealth. Now we know where the Bennett came from but what about the pasture?

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After showing some homes in rural Suffolk and trying to sell some real estate, my tank was empty and I was out in the country. I stopped to get some gas and thought I had gone back in time. Gas was $1.80 a gallon. I thought I was on to something and was looking for milk jugs to fill up with. Imagine my surprise when I went in to pay. The guy took out a calculator and multiplied times two. What was going on I asked. He smiled and said that the old fashioned gas pumps with the mechanical insides can't go over $3.99 a gallon and don't show more than a $99.00 sale and so they are allowed to do half pricing. Can you believe that. It works like this:

$10,000 for a new pump

$650 for a kit

Half pricing $00

There are only about 8,500 of the old pumps around so you may never run into one like that but if you do, now you know why.

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Regional lawmakers backed expansion of the Hampton Roads Bridge Tunnel but have no plan to pay for it. Teh commitment to enlarge the tunnel is at least a step in the right direction. A bigger step would be for the legislature to man up and find a way to pay for the billions of dollars of need road infrastructor needed in our area.

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Here is a real life question that the appraiser who appraised my listing didn't know at the moment but had to find out. When a tornado tears up your community is that a bad thing for value? If your comps are no longer comps does that affect value? If there aren't as many homes in the area does that raise value? (supply and demand). We had a F3 tornado go through Suffolk, VA a few days ago and some communities are more than half gone (no one was killed or severly injured). These are your typical subdivison built in the last ten years or so. Luckily the listing is not closing for a while but it could have been bad. The appraiser has to go back out and make sure the house is still there and not damaged. The tornado went by a half block away. Oh my.

http://www.geneallen.com/ Come and see ALL the Homes for Sale in Virginia Beach, Chesapeake, Norfolk, as well as the rest of Hampton Roads. This site is updated daily with new real estate listings, pictures and other information vital to your home search.

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