Real estate blog entries tagged with gainesville va condos under 200k by Chris Ann Cleland, Associate Broker, Northern VA (Long & Foster REALTORS®, Gainesville, VA)

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Home : Blogs : Chris Ann Cleland, Associate Broker, Northern VA : Northern Virginia Real Estate News & Opinion : Tag "gainesville va condos under 200k"

gainesville va condos under 200k: Parks at Piedmont: A Gainesville, VA Condo Community Becoming a Nearly Impossible Purchase for First Time Buyers - 01/19/10 05:04 PM

Parks at Piedmont is a Lovely Condo Community in Gainesville, VA. Can YOU Buy There? The answer is anything but obvious.
You see, Parks at Piedmont condos were constructed by Engle Homes. And sadly, the construction hit the tail end of the boom, and languished in the beginning of the bust. Engle Homes declared bankruptcy without finishing two pad sites that would house twenty more condo units.

There are many short sales and foreclosures that hit the market in this community. Here's where a first time buyer runs into problems buying these fantastic condos.
Investor ratios that are allowable for HUD condo certification … (13 comments)

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Chris Ann Cleland, Associate Broker, Northern VA

Bristow, VA

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