Community Pool

Free Design Consultation - 12:45 Team

Cinderella's Ball - A Night To Remember

This past Saturday I had the privilege of taking my oldest daughter Kaylee to a Cinderella Ball (Father Daughter Dance) It was a local event with over 150 Fathers and their daughters attending.  It was a special time for us and others to spend this time with our girls and Kaylee loves dancing. 

During the event, I found out why this local church put the event on.  It was really neat to hear that the princesses and parents all volunteered their time for one main purpose.  To raise money for the poor children in DC who struggle to get their next meal.  The event was a success and raised over $4,500!

Our real estate team, the 12:45 Team have a big mission this year also and that's to give $20,000 back to the 3 charities we support.  We are really close to hitting this # and we could use your help.  We want to hear what organizations you support either with your time or money.  We want to help support them monetarily also.   Just email me back today to find out how we are willing to support organizations that you care deeply about.

- Nate

Rent to Buy? Thinking of buying a home in the next five years? Consider renting with an option to purchase

Rent To Buy Options
Would you like to find your home, but you're not quite ready to buy? A lease with a right to purchase program may be a good fit for you!

This program allows you to 1) Find the house you want to live in now, 2) move in, and 3) if you’re ready within five years of the initial move-in, purchase the house.
Your monthly rent is not applied to the cost of the home, but the agreement ensures you have first dibs on the property should you decide to buy it within five years (Unless you’re in Texas, where it’s three). The right to purchase does not obligate you to buy the home, but if you do decide to buy, you can begin the process at any time in the five-year window. 

If you’re interested to learn more, this is how it works ...

Call Nate for more specifics to see if this program will work for you. Call 571-494-1245 or email

Step 1: You apply for the program and obtain approval 

There are many reasons people go the route of leasing with a right to purchase program: You may be repairing your credit, relocating, a first-time home buyer, or simply concerned about the current housing market. 

If you think this program may be a good fit for you, you can get the approval process going online and receive a decision within two days.

First, there are a few requirements:
  • At least 18 years of age
  • Annual income of at least $50,000
  • Stable employment
  • No history of eviction and no pending bankruptcy
  • Acceptable criminal history (Every person in the household will subject to a background check)
If you meet these requirements, you must provide proof of income, verify you can pay for two months’ rent and submit a $75 application fee. This information will be evaluated to reflect household rent-to-income and debt-to-income ratios, rental and housing history, and FICO scores. 

Step 2: You pick your home

If you’re approved, here comes the fun part of picking your home using the program’s online system. 

The home you pick needs to fall within the following criteria, and you’ll be working with a real estate agent to help you: 

  • It must be in a  community approved by the program (based on a variety of factors including high school attendance rates and any nearby features that may negatively impair a property’s value)
  • The listing price must be between $100,000 and $500,000
  • It must have a minimum of two bedrooms and lot of three acres or less
  • A single-family home or fee-simple townhome
  • A traditional or bank-owned property
For each home you view, you’ll be provided with some very helpful numbers: 1) What you’ll pay in rent for year one, year two, etc. and 2) What the home will cost to purchase in year one, year two, etc..

Once you’ve picked your home, our agent will submit your property for review. If your home is approved (You'll receive an answer within 4-6 hours) you’ll be provided with a schedule of rent and purchase prices for each lease term. NOTE: The rent increases by 3.75% each year, and the purchase price of the home increases by 3.5% each year. 

If you agree to the terms, it’s time to start packing! The program will pay for a complete home inspection, and you’ll need to provide the first month’s rent (pro-rated depending on move-in), and a two-month deposit. 

Step 3: The last step of the process is buying your home.  Once you've moved in, you can buy the home at any time. 

A few things to keep in mind: 
  • You are required to rent for a minimum of one year, but can move out after a one-year lease term without penalty
  • You may renew your lease for a total of five years but no more.
  • The total move-in process can take up to two months: This includes the time required for the program to buy the home on your behalf, and inspect the home
  • You must have an Experian credit score of 525 or above
  • The program does not provide you with a mortgage, and makes no guarantees that you will be able to obtain a mortgage
If you think this program is a good fit for you, call Nate to talk more about this program. We’ve helped hundreds of buyers find the right home, and we believe this is an excellent program to get you into the home you love. Call us at 571-494-1245 or email 

Written by Charity Corkey - 12:45 Team

Salem Fields Real Estate Townhomes, Villas, and Single Family Homes Weekly Sales Report for October 2015 12:45 Team


Relevant Real Estate Information for the Salem Fields homes in Fredericksburg, VA Home Value.

To find out the true value of your home Click Here

For a free consultation about what we do to sell your home for top dollar or our Guarantee to sell your home in 45 Days or you don't pay us, call Shawn at 571-477-1245 or email

As of today 10/05/2015 there are 20 homes for sale in Salem Fields,  15 homes under contract and 4 homes sold in the month of September.

To see of a list of active homes Click Here

Town homes- 3

Single Family Homes- 17

According to MLS, there are(is) 4 new listing(s) in the last 30 days.

According to MLS, there are 2 town homes, 4 villas and 9 single family homes under contract.
I will have the final numbers for these once they close.

According to MLS, 1 town home and 5 single family homes sold in the month of September.

Do you need help finding a renter? We work with a lot of investors and can make this process very easy for you.  We get your home rented fast! Contact  for more information.

Last month 8 homes were rented, 0 currently are pending and 8 homes are active for rent.

Thanks for reading our Salem Fields Real Estate Blog!
Posted by: Shawn Derrick -Salem Fields Real Estate Agent
The 12:45 Team is apart of Keller Williams Realty,
Serving Virginia, Maryland and DC Real Estate.

Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.