samson properties top real estate agent: Ryan Home Foster's Glen Townhomes New Construction Herndon VA 20171
- 01/11/21 11:33 AM
New construction or resale in the Northern Virginia Fairfax County has seen the strongest days since 2005. As a veteran Realtor serving Fairfax county for over 17 years I am assumed by the patch of land our builders find to build a community.
Ryan Home's Foster Glen will be available as the newest new construction townhomes in the Herndon VA 20171 zipcode.
Townhome Models at Foster Glen: Both the models have been sold in the past at different Ryan Homes' new home communities in Loudoun County.
Hepburn - A cute and relatively smaller model with a 1 car garage*Basement has option bath or you … (0 comments)
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samson properties top real estate agent: 2020 - Northern Virginia Real Estate HIGHEST & LOWEST
- 12/25/20 06:35 AM
2020 will be remembered by everyone for centuries.
At the beginning of the year, unemployment rates to fear of the unknown had lead to a lack of confidence in the Northern Virginia housing market. Real estate and overall economic outlook were seen with the septical view. Home prices and average days of the market home were about an average for the time of the year.
During the course of late spring & summer While still learning and adjusting to the new normal Northern Virginia real estate market gain confidence and momentum. Renter or homeowners who were cooked in tiny space wanted a larger … (3 comments)
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samson properties top real estate agent: 5 Home Types That will Hit HARDEST During Recession
- 04/01/20 05:20 AM
With the pandemic at its full swing housing has been a mix in the past few weeks. We went from 30 showings on a starter or first time home buyer listing to maybe a handful or no offers on the home.
Style of homes that may hit hard if unemployment and global pandemic continue:Vacation Homes: Your ski, beachfront or lakefront properties are always the bottom of the barrel to recover for obvious reasons. People will give up travel and vacation to weather the economy hit. Many of these property locations are driven by the local economy aka tourist industry. If the overall recovery remains … (0 comments)
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samson properties top real estate agent: Northern Virginia Real Estate market too Expensive to Invest?
- 12/18/19 05:53 AM
With a lower interest rate when you can buy a home why would they rent?
If an investor does purchase a property in Northern Virginia most likely they won't break even with their mortgage payment to the rental income.
IS the Northern Virginia Housing market too expensive to Invest?
Most investors in the area are looking for a long term return of their investment. If you are in a market for a very short or a speculative investor you may want to reconsider your investment options. If you live and work in Northern Virginia counties of Arlington, Alexandria, Fairfax, Loudoun, or Prince William you know we have … (3 comments)
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samson properties top real estate agent: Discovery Square**Front Load 2 Car Garage Townhome for sale
- 08/31/19 06:21 AM
FINAL OPPORTUNITY TO OWN ONE OF THE LAST 2 NEW CONSTRUCTION HOME AT DISCOVERY SQUARE
Highlights:
· Lot-64
· Address- 3042 Alan Shepard Street, Herndon VA 20171
· Style Home- Henshaw Front Load
· 22’ wide home
· 2683 SF
· 4 BR, 3 Full Bath, and 2 half Baths
· 4 Level home with Loft including and Rooftop Terrace
· 8’ x 19’ Deck off of main living level and backs to trees/open space
· Smart Home Automation package included
· Chef’s Kitchen with Hood, French Door Refrigerator, Convection MWO + Oven, Quartz Countertops and Stone Cabinets
· Frameless shower door and upgraded tile in luxurious master bath
· Sales Price should be listed at $699,990 and $14000 Closing Costs Assistance provided with Lennar’s Preferred … (0 comments)
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samson properties top real estate agent: Has State and Local Taxes (SALT) limitations Crushed high End Market in Virginia?
- 05/16/18 08:06 AM
What is State and Local Taxes (SALT)?
Taxpayers who itemize will be able to deduct their state individual income, sales and property taxes up to a limit of $10,000 in total starting in 2018. Prior to 2018, we did not have any limits on this deduction.
Remember when we first heard about the State and Local Taxes (SALT) limitations real market and/or general market was very skeptical about the futures of high-end homes.
Did SALT crush the high-end housing market in Northern Virginia?
We are well into our 2018 spring market. Here is a comparison if this SALT has impacted Northern Virginia real estate market.
In Northern … (0 comments)
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samson properties top real estate agent: 3% Down payment Conventional Loan-Freddie Mac
- 05/01/18 04:17 AM
With the tight inventory and rising interest rate, many home buyers in the Northern Virginia area of Fairfax & Loudoun county are feeling the stress of buying a home.
Freddie Mac announced its latest mortgage option called HomeOne for a 1st time home buyers. 3% down payment conventional loan with no geographic or income restrictions. This loan is eligible for single-family homes, including townhouses and condos. Also, applicants are required to participate in homeownership education to qualify for the mortgage.
While this loan program may compete against conventional loan offered by large banks and FHA loan program? Compare and understand various loan program that may be … (2 comments)
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samson properties top real estate agent: Damages When Selling Your Home - Who is Responsible?
- 02/27/18 06:01 AM
Question:
I am going to list my home in Fairfax County Virginia. As a home seller, I am concern potential buyers or people walking at the open house may damage my home. Who is going to be responsible and how I can prevent any incident happening?
Answer: Mr./Mrs Home sellers in Fairfax County this is a reasonable concern every home sellers have.
As a buyers agent, we do our due diligence to ensure our buyers previewing the home don't do anything that will cause damages or destruction of the property which they don't own.
At the open house, we politely request the visitors if we … (1 comments)
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samson properties top real estate agent: January 2018-Loudoun County Housing Report
- 02/15/18 07:34 AM
🗓️ #2018Loudounrealestatemarketreport Snapshot
#LoudounCounty 🏘️housing market a balanced beginning with tight inventory sales volume was down by -3.91% compared to 2017.
💵 Biggest take an almost DOUBLE-DIGIT📈increase in de-attached home prices in Jan 2018.
#loudoun #Fairfax #realestate #northernvirginia
… (2 comments)
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samson properties top real estate agent: 2017 Reflecting Back - Fairfax County Real Estate Market Report
- 01/11/18 08:12 AM
2017 Annual Fairfax County Real Estate Market Report I consider Loudoun a younger sibling to Fairfax County in Northern Virginia real estate market.
They both have sibling rivalry yet common traits of being siblings. Both the counties in Northern Virginia had a strong 2017. Loudoun had a leverage since homes are newer and many of the buyers especially home buyers who have an option to telecommute choose a newer home over an older home in Fairfax County. Fairfax has strength due to commute (location, location, location!) and to a certain degree, the parent feels school district is stronger in Fairfax County. Click here … (0 comments)
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samson properties top real estate agent: Impact of 2018 Real Estate Taxes on Northern Virginia Housing Market
- 12/29/17 06:05 AM
Many of my clients are wondering if the changes in 2018 deductibility of State and Local Taxes (SALT) and property taxes to $10,000 will impact housing market in Northern Virginia especially Loudoun & Fairfax County.
My initial sense is the low end or starter homes housing market will be fine. Since the rental market has been very strong (it was considered cheaper to buy than rent). While renting you cannot deduct any interest. With new rules at least the Mortgage Interest Deduction (MID) will be capped at interest on a mortgage up to $750,000 instead of $1,000,000. Most of the starter homes in Fairfax … (3 comments)
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samson properties top real estate agent: 2 Car Garage Luxury Town home for Rent in Faircrest Centreville VA 20120
- 11/19/15 10:24 PM
$2,400/mo, 3Bd/3.5Ba Townhouse, 2130 sqft.
… (2 comments)
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samson properties top real estate agent: Should I buy Insurance as Condo Home Owner?
- 07/28/15 02:40 AM
Question: As a Northern Virginia condo unit owner do you need to buy additional home insurance?
Answer: We all know condominium comes with larger condo dues; which includes condo insurance. The insurance generally extends to the entire property including the units themselves. Remember, the large master policy also has huge deductible. Example recently when I was review condo docs for one of the Reston condo building the master policy had $10000 repair deductible. If the condo association has to pay that huge they may assess a special assessment to the unit owners.
Getting back to the question, to protect the insurability, condo unit owners should … (1 comments)
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samson properties top real estate agent: Update Kitchen Appliances or Give Credit to Buyer? What is Smart Strategy?
- 08/28/14 10:47 PM
Zillion of times as a Northern Virginia Realtor, I have shown homes where the appliances are stuck in time. It may be as old as 70's to early 2000. When buyers walk in the home they immediate think about expenses that, they may have to incur to update the kitchen, which is heart and soul of the home.
So here is a million dollar question: As a Northern Virginia home sellers should go out and spend money to update the kitchen appliances or just sell AS IS or give credit to the buyers?
Answer will depend on your age of the home. If you home … (38 comments)
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samson properties top real estate agent: Northern Virginia Landlord Tip- Cost of Turning A Rental Home
- 08/04/14 09:53 PM
When real estate market slow down many of the Northern Virginia home owners become landlord either by no choice or to take advantage of the real estate market place. Now the market has improved many of them are reconsidering their option to remain as a landlord or sale the home.
Many of landlords forget once the home becomes rental property any time there is a turn over whether to re-rent or to sale it will cost landlord.
What is the typical cost of turning a rental property?
The answer will depend on, as you know the condition:
a. How … (3 comments)
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samson properties top real estate agent: Is it Cheaper to Rent or Buy in Northern Virginia?3 Areas 3 Scenarios
- 04/20/14 08:13 PM
While some believe in renting while others want to be a home owner. Depending on your financing and other personal situation renting or buying a home in the Northern Virginia Real Estate market will make sense.
Here is the current real estate market situation in 3 different areas in the Northern Virginia area:
Buy or Rent in Reston, Virginia
Assuming the condo has 2 bedrooms, 1 full bath, condo fee of $300 and average annunal taxes of $2000
Average condo rental - $1500 per month.
Average sales price of a condo -$250000
Estimate Monthly mortgage based on 20% downpayment, 4.25% interest … (5 comments)
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New construction or resale in the Northern Virginia Fairfax County has seen the strongest days since 2005. As a veteran Realtor serving Fairfax county for over 17 years I am assumed by the patch of land our builders find to build a community.
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