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The BEST Time to Buy Northern Virginia Real Estate …

I was reading the actual bill that describes our ‘$700B bail out’  and WOW is what comes to mind. This should be the cause for an amazing change from the mortgage lock-down we’ve been experiencing the past few months.

If I had a crystal ball and wanted to assure my buyers of when it was a good time to buy, I would suggest that once this bill passes (there is a clause that requires implementation start within 60 days) that later this year early next will be the best time to buy on almost all fronts.  Interest rates should remain low, prices should remain low and because of this bill, prices should stabilize. Stabilizing of prices and the churn of new buyers could potential be the perfect storm for equity gains to start again….

Call me today if you’d like to discuss my interpretation or yours. I’d also call your bank and see what they can do for you- this would be EXACTLY what the point of all this is to drive. 

Ive attached a snippet of the actual bill that highlights some interesting change potentially headed our way.

SEC. 109. FORECLOSURE MITIGATION EFFORTS.

…MODIFICATIONS

In the case of a residential mortgage loan, modifications made under paragraph (1) may include—(A) reduction in interest rates (B) reduction of loan principal; and(C) other similar modifications.

TENANT PROTECTIONS.—In the case of mortgages on residential rental properties, modifications made under paragraph (1) shall ensure—(A) the continuation of any existing Federal, State, and local rental subsidies and protections; and(B) that modifications take into account2 the need for operating funds to maintain decent3 and safe conditions at the property.”

Posted by Scott Montgomery | Currently No Comments »

Fairfax Virginia is where our most recent buyers bought!

Recently my team and I satisfied another buyer in the Fairfax Virginia area. They even provided a testimonial and a referral of a close friend within weeks of our working together.

The search process lasted a little over a day when this gem surfaced. It met their precise criteria and in addition was meticulously maintained offering move in condition to my buyers. They instantly fell in love. Fortunately the stars were aligned and the seller was happy to negotiate a lower price and coordinate move dates to accommodate my buyers current lease demands. We settled in a few short week with a rent back. Today the new owners couldn’t be happier!

Whether you’re looking for townhouses or single family home or a fee simple condominium we can help.

Call us today for help in Fairfax Or Fairfax County Virginia!

Posted by Scott Montgomery | Currently No Comments »

Ballston 880 Condominiums, Arlington, VA

Looking for a luxury condo in Ballston? Look no further than the Ballston 880 Condo building on Pollard St, between Wilson and Fairfax in Arlington! Our listing is a 1 bed + Den (used as a 2nd bedroom now by the tenants) and 1 bath, on the 4th floor. Since the beginning of 2008, 3 other 1 bed + den units have sold in the building. Their stats look like this:

Average Days on the Market: 61

Average Net Sale Price: $405,000

OUR PRICE: $399,900

The building is equipped with all of days essentials for luxury, condonium living: staineless steel appliances, hardwood floors, washer/dryer in unit, granite counters, fitness center, parking garage, Business center, Media Room, Grill area, pool, and more! For more information on the building and/or our unit for sale (#422), please call us today to talk!

Posted by Scott Montgomery | Currently No Comments »

Price Reduction! Ballston 880 Condo For Sale

Just Reduced to $409,000

Beautiful 1 bedroom  w/den (possible 2nd bedroom), 1 bath condo a few blocks from both the Ballston and Virginia Square metro stations, Hardwood floors, granite countertops, stainless steel appliances, pool, balcony, and more!!

Call us today for more information or to schedule a showing!

Posted by Scott Montgomery | Currently No Comments »

Open House, Sunday 4/13, Ballston 880 Condominium

1 Bed w/Den (possible 2nd Bedroom) and 1 bath, 835 sq ft., hardwood floors, granite countertops, stainless steel appliances, stackable washer/dryer, pool, fitness center, minutes from both the Ballston metro and Virginia Square metro stops!

Open House: Sunday, April 13th, 1-4pm

Otherwise, please call today to schedule a showing! 703.283.4524

Posted by Scott Montgomery | Currently No Comments »

Beautiful Estate in Vienna, $1,985,000

Now on the market: Beautiful hilltop estate in Vienna!

6 Bed, 6+ bath, swimming pool, in-law and/or au-pair suite, sauna, wine cellar, game room, and so much more!

Open House: Sunday, April 6, 1-4pm

Please call 703-283-4524 for more information on this beautiful estate or to schedule a showing!

Posted by Scott Montgomery | Currently No Comments »

Station Square Condo, Clarendon, VA - Open House

Open House: Sunday, March 16, 1-4 pm

Station Square Condo in Arlington, VA

1205 N. Garfield St Unit 708

2 bed, 2 bath

7th Floor Corner Unit

**2 Parking Spots + LARGE Storage Unit**

$585,000

Posted by Scott Montgomery | Currently No Comments »

The Residences at Station Square, Arlington, VA - Open House

Don’t miss this amazing opportunity to live one block from the Clarendon Metro in the heart of Arlington Virginia!!

 2 Bed, 2 Bath 7th Floor Corner Unit

2 Parking Spots

Storage Unit

$585,000

OPEN HOUSE: Sunday, March 9th, 1-4 pm

 

Posted by Scott Montgomery | Currently No Comments »

Open House, Station Square Condo, Sunday 1-4pm

 

 

Open House!!! 

Sunday, 2/24

1-4 pm

2 Bed, 2 Bath Condo

$585,000

1 Block from Clarendon Metro Station

998 sq. ft.

2 Parking Spots

Storage Unit

Balcony overlooking Clarendon

 

Come by this Sunday to take a look at this beautiful 7th floor corner unit or call me to schedule a showing! 703-283-4524

Posted by Scott Montgomery | Currently No Comments »

Just Reduced! Station Square Condo Open House

 

Open House!!! 

Sunday, 12/17

12-3pm

2 Bed, 2 Bath Condo

$585,000

1 Block from Clarendon Metro Station

998 sq. ft.

2 Parking Spots

Storage Unit

Balcony overlooking Clarendon

 

Come by this Sunday to take a look at this beautiful 7th floor corner unit or call me to schedule a showing! 703-283-4524

Posted by Scott Montgomery | Currently No Comments »

Residences at Station Square Condo - Just Reduced!

The Residences at Station Square Unit 708

2 Bed, 2 Bath Condo

2 Parking Spots

Storage Unit

998 sq. ft

1 Block from Clarendon Metro

Just Reduced: $585,000

Call Me Today to Make an Offer!!!! 703-283-4524

Posted by Scott Montgomery | Currently No Comments »

A New Way to Advertise - MidAtlantic Homes for Sale

A new website, http://www.midatlantichomesforsale.com/, was designed for listings properties for sale by owner or by realtor. It’s a great new way to advertise your listings specifically to the states surrounding Virginia since it’s target audiences are those searching for properites in MD, DC, WV, and DE. Check out my new listings on MAHFS:

2084 Hunters Crest Way, Vienna, VA (5 bed, 5+ bath estate)

1205 N. Garfield St Unit 708, Arlington, VA (2 bed, 2 bath condo)

Posted by Scott Montgomery | Currently No Comments »

Open House, Sunday 12-3, Station Square Condo in Arlington

Sunday, February 3rd

12-3pm

The Residences at Station Square Condo

1205 N. Garfield St Unit 708

Arlington, VA 22201

2 Bed, 2 Bath

2 Parking Spots

1 Storage Unit

998 Total Sq. Ft

$599,900

Please come by to see this beautiful condo!! Or call me to schedule a showing!

Posted by Scott Montgomery | Currently No Comments »

Station Square Condo Open House Sunday Jan 20th 1-4

This Sunday we’ll be holding an Open House:

When: Sunday, January 20th

Where: The Residences at Station Square

1205 N. Garfield St Unit 708 in Clarendon

See here for more pictures and information on this 2 bed, 2 bath downtown Arlington Condo!

Posted by Scott Montgomery | Currently No Comments »

Keller Williams Vienna Announces: 2084 Hunters Crest Way

 

2084 Hunters Crest Way, Vienna, VA!

Visit here for more information on this gorgeous 6-bedroom, 6.5 bath estate!!

Posted by Scott Montgomery | Currently No Comments »

Keller Williams Arlington, VA Condo For Sale: Residences at Station Square

View from Balcony

Living/Dining Room

Almost new 2 bed, 2 bath condo at the Residences at Station Square, one block to Clarendon Metro, in the heart of Clarendon, with excellent shopping, dining & easy living nearby. Gold’s Gym is in the building, Whole Foods is 2 blocks away, Cheesecake factory, Crate & Barrel, Barnes & Noble, the list goes on!! Beautiful outdoor pool & community room. This is a 7th floor corner unit w/lots of windows, a balcony w/a broad view of trees and sky. Jetted tub in Master Bath. Gas fireplace, corian counters. TWO garage spaces & oversized storage!

Number of Rooms: 2
Number of Baths: 2
1205 Garfield Street N #708
Square Footage: 998
Dogs Allowed
Cats Allowed

Listed at $599,900

Contact me for more information!

Posted by Scott Montgomery | Currently No Comments »

1613 Leeds Castle Drive is Beautiful - For Sale

For information, photos, a tour and more, visit:  http://www.homevisit.com/tour/vtour.asp?id=29088

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2084 Hunters Crest Way (Vienna, VA) is Quite the Estate - For Sale

http://www.homevisit.com/tour/vtour.asp?id=28608

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2084 Hunters Crest Way - Come one, Come BUYERS!

Agents Welcome!!!!

2084 Hunters Crest Way, Vienna VA 22181

Georgian Style Estate
Meticulously Maintained!!!!!!

6 Bedrooms 6.5 baths
Grand Foyer with spectacular chandelier
In Law Suite
ALL new High Efficiency systems (HVAC, etc…)
Finished basement boasts wine cellar and weight room that includes a cedar sauna
Updated Kitchen and baths that include 24K Gold, Sherle Wagner faucet fixtures 
In ground pool surrounded by English garden, flagstone patio and pool house

$1,985,000

Call Scott Montgomery for more details 703-283-4524(cell)

Will be in MLS by Friday 9/28/07

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The BEST Time to Buy Northern Virginia Real Estate … September 29th, 2008

I was reading the actual bill that describes our ‘$700B bail out’  and WOW is what comes to mind. This should be the cause for an amazing change from the mortgage lock-down […]

Read More

Mid Town North- Reston Town Centers Finest September 17th, 2008

Welcome to a great presentation I found on You Tube that offers terrific video footage of Reston’s, Mid Town North condominiums. The Kettler CMO and sales team that created this presentation are doing a […]

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The Odyssey, Arlington Virginia’s not so hidden gem September 4th, 2008

Standing over 12 stories tall and located  in the heart of Arlington Virginia this high tech looking, contemporary condominium building has terrific view of the DC skyline, especially from the […]

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The Wooster and Mercer Lofts- Centered between Rosslyn and Courthouse Metro stops September 4th, 2008

Situated practically in the middle between Arlington’s Rosslyn and Courthouse metro stops the Wooster and Mercer Lofts are available for sale now. Boasting anywhere 10-18 foot high ceilins in most […]

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Clarendon 1021- Great sense of Community in Arlington Virginia September 4th, 2008

Built in 2005, Clarendons 1021 holds 400+ units and has roughly 500 parking spots in an attached underground garage. Situated right next door to Station Square, in the heart of […]

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Station Square: The Heart of Arlington, Virginia September 4th, 2008

Built in 2006, this cluster of 3 condominium buildings hold 300+ units and have roughly 600 parking spots in an attached underground garage. Situated in the heart of Clarendon these […]

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Reston Virginia, 20194 Home Sales are on the Rise August 29th, 2008

I was looking around at a great website www.city-data.com for information on Restons home sales and to my surpise I learned so much more about the demographics of this steadily growing […]

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Restaurant Three (3) Clarendon August 25th, 2008

Saturday night my wife and I, with a few close friends, enjoyed an amazing atmosphere and dinner at Restaurant 3 in Arlington Virginia. Situated in small corner of the block that Station Square condominiums […]

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