September 29th, 2008 Categories: Arlington, Buying, Commercial, Condo Communities, Entertainment & Lifestyle, Fairfax, Fairlington, Falls Church, Financing, Great Falls, Just for Fun, Keller Williams, Mclean, On The Town, Properties, Property Values, Real Estate News, Reston, Selling, Single Family Homes, Vienna
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.”
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July 31st, 2008 Categories: Buying, Fairfax, Properties
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!
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July 28th, 2008 Categories: Arlington, Commercial, Fairfax, Financing, Property Values, Real Estate News
For most Nothern Virginia homeowners property taxes were increased on July 1. In addition local jurisdictions may also increase the commercial poperty tax rate by as much as .25 cents per every $100.00. Fairfax and Arlington countoes have increased commercial property taxes .11 cents and 12.5 cents respectively in their 2009 budgets.
Residential tax rates in:
1. Arlington County is .848 cents per $100
2. Fairfax Counbty is .92 cents per $100.
3.City of Alexandria is .845 cents per $100.
4. Town of Herndon is a whopping $1.16 per $100.
For more information on this or other real estate questions please call or email us today!
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May 28th, 2008 Categories: Fairfax, Just for Fun, Keller Williams
Northern Virginia’s largest community-wide event, the 27th annual Celebrate Fairfax! Festival, is set to take place June 6-8, 2008 on the grounds of the Fairfax County Government Center. The Celebrate Fairfax! Festival features 25 acres of amazing concerts, family programs, science and technology, history, thrilling carnival rides and nightly fireworks! Among the festival’s highlights are the more than 80 concerts and performances on seven stages, with an exceptional line-up of national, regional and local artists. Concert schedules include:
Friday, June 6th, 8pm: OK Go
Saturday, June 7th, 3pm: Bowling for Soup
Saturday, June 7th, 8pm: Joan Jett and the Blackhearts
Sunday, June 7th, 3:30pm: Emerson Drive
Full 2008 Entertainment Schedule is available here.
General admission seating is available for all performances; shows are free with daily tickets to the event. Advance ticket sales end June 5th and are on sale at Wegmans in Fairfax, Northern Virginia Silver Diner locations and online at www.celebratefairfax.com.
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November 19th, 2007 Categories: Entertainment & Lifestyle, Fairfax, Keller Williams
Keller Williams explores the International Country Club at
A larger Clubhouse
A Gourmet Kitchen to cater the:
Ball Room
Banquet Room
Grill Room
Dining Room
Sports Complex fully equipped with:
A Heated Pool
18-Hole Golf Course
Tennis Courts
Full Service Gym complete with Exercise Classes
For the kids:
Multiple Pool Fountains
A large tot pool
A diving board
For the adults they offer:
A multi-jet bubble seat
Men’s and Ladies locker facilities
A Snack and Tiki bar (with a full service bar)
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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 […]
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