Archive for the 'Buyers Corner' Category
Kings Park Beauty-Think Spring
February 25th, 2010 Categories: Buyers Corner, Featured Listings, Focus on Fairfax County
If Spring 2010 is the time for you to buy a new home then check out this new listing at 8945 Victoria Rd in Kings Park (Springfield VA).
List Price $430,000
Sold under the guidelines of the Department of Defense Homeowners Assistance Program.
| Discussion: No Comments »
Welcome to Port Potomac in Woodbridge VA
February 21st, 2010 Categories: Buyers Corner, Focus on Prince William
Port Potomac is one of the popular new Prince William County Communities designed and developed in the last few years in Prince William County. Multiple builders including Ryan Homes, Drees Homes, NVR and Kettler Brothers have helped shape Port Potomac.
Port Potomac features easy access to the Rippon Landing VRE, I-95 and PRTC commuter lots. The neighborhood is also popular with military families stationed at Quantico, Fort Belvoir and the Pentagon. Nearby shopping includes the Potomac Mills Mall and the new Stonebridge Shopping Center with Wegmans grocery store and the new Zoes Kitchen
If the Port Potomac neighborhood sounds like a good fit for you give Cindy Jones a call at 703-346-2213. Let me give you a tour of available homes for sale. No hassle, no pressure just straight talk as whether now is the right time for you to buy a new home in Port Potomac.
Port Potomac Homes for Sale
| Discussion: No Comments »
Looking for Foreclosures in NOVA?
February 11th, 2010 Categories: Buyers Corner, FAQ's, NOVA Foreclosures
At least three or four times a week I get a question about a “foreclosure” listing a buyer saw on RealtyTrak. They see an incredible price…that translates as LOW…and want to see the house right away.
Unfortunately the answer is chances are what you are seeing is not a listing at all but a notice of foreclosure scraped from one of the local papers. Foreclosure aggregators are trying to lure you in to buying a subscription to get to “real” foreclosure information.
You can check the local NOVA and DC papers such as the Washington Post, DC Examiner and Washington Times and see the same notices with the full information about the property. In Northern Virginia you will see the heading “Notice of Trustee Sale” which includes the property address, the legal description of the property and the amount owed on the loan. You will also see the date, time and location of the Trustee Sale.
Most of the time the price you see in listed in the Trustee Sale is far above what the current market value of the home might be. Occasionally you will see a home listed at below market value and those are the ones where purchasing at the courthouse steps might be an option.
Read the rest of this entry »
| Discussion: No Comments »
16414 Steerage Circle-Port Potomac TH
February 4th, 2010 Categories: Buyers Corner, Featured Listings
Listed for $299,000 this Port Potomac Townhouse is the perfect place to call home
Quick Tour of 16414 Steerage Circle
| Discussion: No Comments »
River Falls in PW County Neighborhood Tour
February 2nd, 2010 Categories: Buyers Corner, Focus on Prince William
If you are looking for luxury living in a Woodbridge VA community close to shopping, restaurants and multiple commuting options to DC then River Falls should be on your must see list.
During the summer months residents can enjoy the community swimming pool, tennis courts, Old Hickory Golf Club and plenty of nearby parks. Take in a Potomac Nationals game at nearby Pfitzner Stadium or a concert at the Sean Connaughton Plaza at the Prince William County Government Center.
Search River Falls Homes for Sale
Luxury Homes in Woodbridge VA ($500,000+)
For more information on new and resale homes in the River Falls Community in Woodbridge VA give me a call at 703-346-2213. Lets talk about whether it is time for you to move up to a new home. With great prices luxury living in River Falls has never been more affordable. No hassle, no pressure just straight talk as to whether now is the right time for you to buy a new home in River Falls or anywhere in Prince William County or the Northern Virginia area.
| Discussion: No Comments »
A Steal of a Deal ***Montclair Mews****
January 30th, 2010 Categories: Buyers Corner, Featured Listings
If you are ready to grab a steal of a deal then have your pens ready to write an offer on this terrific 3 level TH in the Montclair Mews neighborhood in Prince William County. This property is offered at $179,000 and can close within 60-90 days.
Highlights:
Completely updated kitchen
New upscale vanities in all bathrooms
Master Bedroom w/Loft Space
Second Bedroom on Upper Level
Third Bedroom w/Full Bath on Lower Level
Deck backs to woods
Walk out Lower Level
Walk to Panera Bread, Starbucks, Target and Shoppers Food
Walk to commuter lot on Route 234
$179,000
Sold as part of the USACE Homeowners Assistance Program. Not a short sale but HAP needs to process paperwork. I’ve settled four of these properties this year so know information is accurate and deals are closing.
Open Sunday January 31, 2010 from 1-4PM
| Discussion: No Comments »
With the new National Geospatial-Intelligence Agency (NGA) being built on the Fort Belvoir Engineering Proving Ground almost 6500 employees will be working in to the Springfield and Lorton area in the next few years.
For employees who will be moving to the new facility finding homes nearby will be important. Traffic in and out of NGA will be tough. Let’s face it anytime you move a significant amount of employees from diverse locations to one place no matter how well the various government agencies plan commuting will be a pain.
Fortunately there are a number of terrific communities that provide a variety of housing prices and styles within a few miles of the NGA facility.
Here is a selection of Homes for Sale in Lorton & Springfield close to NGA to give you an idea of what is available.
If you are relocating to the new NGA facility in Springfield in the near future give me a call at 703-346-2213 to talk about your housing needs. Let me show you the variety of options available that will work for your needs. No hassle, no pressure just straight talk about whether buying a home in today’s market is right for you.
| Discussion: No Comments »
Lorton Virginia Neighborhood Tour
January 24th, 2010 Categories: Buyers Corner, Focus on Fairfax County
More details and links to Lorton Virginia information.
View Current Lorton Virginia Homes for Sale
If you are considering a move to Lorton or any Alexandria City or Arlington, Fairfax or Prince William County community give me a call at 703-346-2213. Let’s talk about whether now is the right time for you to buy a new home in Northern Virginia. No hassle, no pressure, just straight talk about today’s real estate market.
| Discussion: No Comments »
As anticipated David Stevens, Commissioner of the FHA has announced new guidelines for FHA loans. “Striking the right balance between managing the FHA’s risk, continuing to provide access to underserved communities, and supporting the nation’s economic recovery is critically important” Commissioner Stevens stated in the announcement about the changes to the FHA guidelines.
What do the changes mean for Northern Virginia buyers?
*The upfront Mortgage Insurance Premium is now at 2.25%. The MIP can still be financed as part of the loan and does not have to paid upfront.
*A minimum FICO score of 580 will be required to qualify for a 3.5% down loan. Lower credit scores will require a minimum down payment of 10%.
*Seller concessions will be capped at 3% of the contract price of the home. This brings FHA loans in line with other loan programs current available.
There isn’t much in the announcement that is that is earth shattering for Northern Virginia buyers and does not include some of the changes that were rumored to be coming. If you are considering buying a new home this spring to take advantage of the First Time Homebuyers Credit now is the time to meet with a qualified mortgage professional to talk about how these changes to FHA loans might impact your qualifications.
If you need a recommendation for a great Northern Virginia mortgage professional give me a call at 703-346-2213.
| Discussion: No Comments »
This past week HUD announced they were suspending the 90 day rule for property flips. The financing chart I published last week showing 42% of buyers in Woodbridge (22191, 22192 & 22193) are FHA buyers, suspending this rule means real estate flippers gain back a significant number of potential buyers.
This change to HUD’s long standing “flip” policy is a great step forward to help vacant properties be listed and sold quicker. Most real estate investors working the “buy and flip” angle can have a home renovated within a few weeks. Having to hold for months cuts into the profit margin.
With our current low inventory in Northern Virginia putting these homes back into the buying pool should help first time homebuyers trying to beat the deadline for the First Time Homebuyer’s Tax Credit.
The new rule takes effect Feb 1, 2010 and is currently for only one year.
| Discussion: 1 Comment »