Staunton, VA
Staunton (pronounced STAN-ton) is the classic small railroad town in American History. However, it was founded long before the railroad made its mark. First founded in 1747, Staunton began its history as a major center for trade in Virginia. Before West Virginia split from Virginia, Staunton was the geographical center of the state and its location at the intersection of the Great Wagon Road (later the valley turnpike) and roads leading to the west made it a hub of trade. Then, when the Virginia Central Railroad was built through Staunton in 1854, the town really began to grow, reaching its current population of 24,000.
Remarkably unscathed during the civil war, many historic buildings remain prevalent in the architecture of Staunton’s downtown. Residents of Staunton are proud to boast that it is home to five national historic districts. Staunton’s main street area, better known as Beverly Street, is still bustling with growth and activity. New shops and restaurants are opening and a new parking garage makes everything accessible and enjoyable. Staunton’s residents also enjoy a thriving cultural arts scene with productions by American Shakespeare Center, performances of the Stonewall Brigade Band, and weekly concerts in Gypsy Hill Park during the summer.
As well as Staunton’s architectural history, it is also known for its educational tradition. Mary Baldwin College and Stuart Hall both founded in the 1840’s are still in operation. The Virginia School for the Deaf and Blind is also located in Staunton and was one of the first state supported schools of its kind in the United States. Woodrow Wilson’s presidential library is also in downtown Staunton, the place of the past president’s birth.
Whether residents want to take in the sites downtown, or stroll along the lake in Gypsy Hill Park average summer temperatures around 85°F make it an enjoyable experience. During the winter, average temperatures in the 40’s make for perfect days to enjoy a cup of coffee in one the many downtown shops.
Staunton is still the classic railroad town with charm and a strong sense of community, perfect for your new hometown.
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Thanks, Kathleen 
Financing Your Home >Owner Financing
If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.
Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.
Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.
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Who is considered the world's most renowned living architect?
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I.M. Pei who retired in 1991; he earned this status after designing the glass pyramid entrance pavilion to the Louvre in Paris (1989). |
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