Posts Tagged Rose and Womble

Bonded Builders offers new home coverage for TBA

Roger Lange of Bonded Builders with Sharon Ellis of Associated Development

Brant Roeming of Bonded Builders with Sharon Ellis of Associated Development

Joe Pushak of Bonded Builders explains the program to Dwight Meekins and Bea Cobell with Rose and Womble Realty Co.

Joe Pushak of Bonded Builders explains the program to Dwight Meekins and Bea Cobell with Rose and Womble Realty Co.

Builders, their staff, and new home agents filled the boardroom at Tidewater Builders Association to learn about the new home warranty program being offered to TBA members by Bonded Builders Warranty Group. 

The endorsement of the Bonded Builders Warranty Group by TBA replaces the coverage previously offered by TBA’s HW10 company.

TBA President Pete A. Kotarides, the first to sign on for the new coverage, cites the opportunity to offer broader coverages at lower rates than what TBA can provide through HW10.   Bonded Builders  is the only warranty company exclusively endorsed by TBA, which requires its builder members to offer home warranty coverage to their customers.
                                                                                                                                                                                                                                                       
Bonded Builders Warranty Group is one of the largest new home warranty company in the country. It is a wholly-owned subsidiary of Bankers Insurance Group and is approved to do business in all 50 states and is approved to provide 10-year warranty plans for HUD and VA financed homes.  

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Van Rose predicts all 2009 Homearama homes will sell

van and pete lighter

Van Rose of Rose and Womble and TBA President Pete A Kotarides at media briefing.

The Homearama homes at Culpepper Landing are in “the sweet spot” – that is, the price range that is selling well in the current Hampton Roads new home market.

That’s according to local real estate prognosticator Van Rose, who predicts this year’s crop of 12 showcase homes will sell by the end of Homearama. The Tidewater Builders Association showcase of homes is open Oct. 3-18.

Rose is president of Rose and Womble’s New Homes Division. He told a gathering of builders and media representatives that new homes in the $350,000 to $450,000 price range are approaching a healthy market – one that’s good for both buyers and sellers.

He bases his analysis on how long it would take to absorb the current inventory of new homes in that price range. In this case – about 5 months.

Culpepper Landing developer Tim Culpepper told the group 5 Homearama homes are sold with negotiations under way on several others.

To view the coverage from WAVY-TV, click here. To hear Van’s complete remarks, click here.

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