prudential penfed realty: 10 Steps to Preparing Your Home “For Sale” - 02/03/13 10:38 PM
10 Steps to Preparing Your Home “For Sale”

Preparing your home for sale is more than just a quick paint job or new carpet.  You need to prepare you home thru the eyes of the buyer. Buyers look at a property in many ways. While location and their needs are top of the list, they are also looking at what they have to do to the property. Buyers will choose a property that is smaller or more expensive if they feel they can move right in without doing a thing.
Clean up the yard – put away the hose, kid’s toys, … (2 comments)

prudential penfed realty: December 2012 Real Estate Market Update for Bristow VA 20136 - 01/21/13 05:23 AM
December 2012 Real Estate Market Update for Bristow VA 20136
Real estate prices in the Bristow area have continued to improve month after month. There are currently 65 homes for sale in the Bristow, 20136 zip code. Of the 65 homes for sale 37 are re-sale and 28 are new construction. Base prices for new construction range from $324,990 for a new townhomes with 3 levels and a two car garage. If you are looking single family those prices range from $389,990 on a .18 lot to $868,000 for a 10 acres lot.
As prices continue to increase fewer sellers are … (1 comments)

prudential penfed realty: December 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park - 01/17/13 03:06 AM
December 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park
December has proven to be a very busy month in real estate. There were 479 happy sellers and buyers in the month of December that is 27 more than the prior month. Sale prices ranges from $69,900 - $1,130,000. The average sold price is $309,292. Even though the inventory of homes for sale continues to drop sales have continue to increase.
We currently have 896 homes for sale in all of Prince William County, Manassas City and Manassas Park, 63 fewer homes than in the month … (0 comments)

prudential penfed realty: 5 Things To Help Make The Move Hassle Free - 01/12/13 01:39 AM

Selling or Buying a home can be a very exciting yet a stressful event. Working from a check list helps to keep things organized and on schedule.
While you are waiting for settlement day here is 5 things you can do to make the move easier and  hassle free.
Contact the Movers and Schedule Moving Day: Schedule the move out date 1 to 2 days prior to your settlement date or move out date if you are the Seller.  If you are the Buyer schedule the movers for 1-2 days after the settlement date or possession date. This will give … (1 comments)

prudential penfed realty: November 2012 Real Estate Market Update for Bristow VA 20136 - 12/18/12 03:24 AM
November 2012 Real Estate Market Update for Bristow VA 20136
The Bristow real estate market has been holding strong for sellers. There was a 13.16% increase in the average sold price of single family homes year over year. Inventory dipped slightly lower again this month with a total of 55 homes for sale. Of the 55 homes 33 are re-sale and 22 are new construction priced from $250,000 to $599,900.
Of the 33 re-sale homes on the market for sale, 23 are single family homes and 10 townhouses / condo's. The inventory for short sales and foreclosures / Bank owned properties … (0 comments)

prudential penfed realty: November 2012 Real Estate Market Update for Prince William, Manassas, Manassas Park - 12/17/12 10:27 PM
November 2012 Real Estate Market Update for Prince William, Manassas, Manassas Park
November 2012 continues the downward trend with inventory. There is currently 933 homes for sale to include all of Prince William County, Manassas City and Manassas Park and 453 that sold.  Last month I reported we had 1,064 homes for sale that was 54 fewer than the month prior. Manassas City has 49 homes for sale and 33 that sold in the last 30 days. Manassas Park has 22 homes for sale and 14 that sold in the last 30 days.
Lets compare this to November 2011 Real Estate … (2 comments)

prudential penfed realty: Manassas Christmas Parade - 12/01/12 08:37 AM
Manassas Christmas Parade 2012
The weather was perfect for the 67 Annual Greater Manassas Christmas Parade, considering it was December. Not always the case. When our daughter was young the Manassas Christmas Parade was an annual family event. I can remember years when our daughter was a participant in the Manassas Parade. We encountered bitter cold, raining and days that it was snowing. Today it was close to perfect. Starting out at about 37 degree's this morning and by 11:00 am it was close to 45 degree. Now that we have grand kids the Manassas Christmas Parade will be a family … (2 comments)

prudential penfed realty: Homes For Sale Over $1,000,000 in Prince William County - 11/29/12 03:32 AM
There are 19 homes for sale over $1,000,000 in Prince William County. The highest price home is $5,400,000. This 9,000+ square foot home is sited on a .38 acre waterfront lot on the Occoquan. Per the remarks in the MLS it has a peaceful scenic view with deep water access to channel of Occoquan Bay and the Potomac River. There is an 8 car garage, custom stone work and landscaping. The columned entryway leads you through the mahogany doors to a breathtaking interior. The home is listed for sale with Re/Max Choice Realty.
While all of the 19 homes for sale … (1 comments)

prudential penfed realty: October 2012 Real Estate Market Update for Bristow VA - 11/20/12 03:30 AM
October 2012 Real Estate Market Update for Bristow VA
October was a busy month for real estate in the Bristow area. The Bristow area seen a 70.22% change in sold volume year over year as well and the average sold price was up 5.27%. Great news for sellers.
There are currently 39 re-sale homes and 19 new homes for sale in the Bristow area of Prince William County. Braemar, Crossman Creek, Dunbarton, Foxborough, Kingsbrooke and Village at Bristow are just a few of the neighborhoods that make up the 20136 zip code in what is considered the Bristow area.
Out of … (0 comments)

prudential penfed realty: October 2012 Real Estate Market Update for Prince William County, Manassas - 11/17/12 03:55 AM
 
October 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park
There is currently a total of 1,064 homes for sale in Prince William County, Manassas City and Manassas Park. That is 54 fewer homes than the month of September.  The break down shows that Prince William County currently has 968 homes for sale verses 1,030 last month. Manassas City has 74 homes for sale verses 66 homes last month and Manassas Park has 22 homes for sale the same as last month.
Of the 1.064 homes for sale there are only 55 foreclosure / bank … (0 comments)

prudential penfed realty: Deadline Is Looming For Certain Mortgage Tax Deductions - 11/06/12 02:18 AM
Deadline Is Looming For Certain Mortgage Tax Deductions
Just as the housing market is starting to improve certain mortgage forgiveness deductions are set to expire Jan 1, 2013. What that means is that borrowers who negotiates a reduction in principle balance, short sale, loan modification or foreclosure will be taxed on the forgiven amount as ordinary income. Currently the forgiven amount is exempt from federal taxation.
An extension of the Mortgage Foregiveness Relief Act and Debt Cancellation is a possibility but no guarantees being that Congress has some big fiscal issue's to deal with after November. Lobbyiest for the National Association … (1 comments)

prudential penfed realty: Documents You Need To Take To A Mortgage Loan Application - 11/02/12 09:17 PM
Documents You Need To Take To A Mortgage Loan Application
Manassas home buyers: If you are looking to buy or refinance a home here is  list of documents you will need to provide. Being prepared is half the battle in the process of getting a mortgage and it makes the process go a lot smoother and quicker.
_______ Copies of W-2 from the last 2 years
_______ Copies of your pay stubs for last 4 weeks
_______ Employer business address and phone number to verify employment
    ADDRESS________________________________________Phone # ______________
    ADDRESS________________________________________Phone # ______________
_______ Bank statements for last 2 months (all pages)
_______ Statements for Investment … (1 comments)

prudential penfed realty: September 2012 Real Estate Update for Prince William County, Manassas - 10/20/12 01:44 AM
September 2012 Real Estate Market Update for Prince William County, Manassas City and Manassas Park.
As of October 20, 2012 there are currently 1,030 homes for sale in Prince William County, 66 for sale in Manassas City and 22 for sale in Manassas Park for a total of 1,118 homes. Inventory is down from the 1,158 homes for sale the prior month. While the number of short sales showed a slight increase of nine homes, the number of foreclosures (51) showed a slight decrease from the 53 that was on the market last month.
With fewer homes being listed for sale … (0 comments)

prudential penfed realty: Commercial Office Space In Ambassador Square - 10/12/12 06:34 AM
Commercial Office Space In Ambassador Square
7515 Presidential Lane Manassas VA is a ground level end unit in the Ambassador Square office park. This commercial office space is available for immediate occupancy. The Presidential Lane property faces Sudley Rd and is only a few stop lights off route 66 at the corner of Coverstone Dr and Sudley Rd. The property has had recent paint and pergo flooring installed. There is one large open room, a smaller room & a bathroom. The $950 rent includes water, sewer, trash, common grounds maintenance, snow removal and condo fee. There is plenty of parking with … (1 comments)

prudential penfed realty: Roseberry Neighborhood in Manassas VA - 10/11/12 05:16 AM
Roseberry Neighborhood in Manassas VA
The Roseberry neighborhood in Manassas VA is located just off Signal View Dr. at the intersection with Manassas Dr. There are approximately 300 single family homes built in the late '90 by Birchwood who also built the Point of Woods neighborhood. The homes in Roseberry range in size from 1,600 square feet on .09 acre lot  to 3,700 square feet on a 1.7 acre lot. There are currently 3 homes under contract and one home for sale in the Roseberry neighborhood. The average price for homes in Rosebery range from low to mid $400,000. The average … (0 comments)

prudential penfed realty: Real Estate Market Update for Bristow, VA 20136 August 2012 - 09/18/12 05:16 AM
Real Estate Market Update for Bristow, VA 20136 August 2012
August was another good month for real estate sales in Bristow. The average sold price is up 9.58% year over year and the average day on the market is less than 30 based on the graph's.
The inventory in the Bristow area is down slightly again this month. As of September 18, 2012 there are 52 homes for sale in the Bristow area. This is down from the prior month by 8 homes and 28.7% year over year. Of the 52 homes for sale there are 26 re-sale single family homes, … (1 comments)

prudential penfed realty: Real Estate Market Update August 2012 for Prince William County - 09/17/12 05:22 AM
Real Estate Market Update August 2012 for Prince William County, Manassas City & Manassas Park
As of September 17, 2012 there are 1,050 homes for sale in Prince William County, 83 homes for sale in Manassas City and 25 in Manassas Park for a total of 1,158 homes for sale. This is down from the 1,214 homes for sale last month.
Of the 1,158 homes for sale 123 are marked as potential short sale and 53 are bank owned or foreclosures. Both short sale and foreclosure are down again this month. This is great news for traditional sellers who are no … (0 comments)

prudential penfed realty: 8116 Crooked Oaks Ct Gainesville VA 20155 - 09/11/12 11:45 PM
Welcome to 8116 Crooked Oaks Ct located in the gated golf community of Lake Manassas in Gainesville VA 20155. This gorgeous custom built center hall colonial is located at the end of a cul-de-sac on a .39 acre private lot. As you enter the home you are greeted with a two story foyer and gleaming hardwood floors on most of the main level. This is your traditional colonial floor plan that has been re-designed with a open flow.
Features of this home:
4 Spacious Bedrooms and 4 full Bathrooms and 2 Half Baths all with Ceramic Tile Spacious two story Family Room … (6 comments)

prudential penfed realty: The 3 "D's" That Turn Off Home Buyers - 09/05/12 06:25 AM
The 3 "D's" That Turn Off Home Buyers
Everyone's definition of clean can be different. What we can agree on is the "3 D'S" can be a big turn off to a prospective home buyer.
Dirty Carpets - Buyers don't want to see homes where carpets have not been vacuumed or have stains. If the carpet is so dirty it can't be cleaned replace it.
Dirty Dishes - Buyers dont want to see a kitchen where the sink and counters are full of dirty dishes. It could be a sign that there is a problem with the plumbing or dishwasher.
Dirty … (0 comments)

prudential penfed realty: 10 Things To Consider Before Renting Your Home - 08/15/12 10:26 PM
10 Things To Consider Before Renting Your Home
Do your eyes light up with the thought of keeping your current home and buying a new one? Sounds all well and good if you can afford to do it. 
Here are 10 things to consider before renting your home.
How will it change your financial picture? You need to consult a professional tax person to help you decide what your tax liability will be if you decide to convert your primary residence to an investment. Do you have six months of reserved funds?  You need to consider that there could be a … (5 comments)