Open House Sunday Oct 21 1-4 PM

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Open House
October 21, Sunday 1:00 PM – 4:00 PM
Address
9388 Van Arsdale Drive, Vienna, VA
 
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Price
Click For Current Price

3 beds
4 BATHROOMS (3 full, 1 half)
2000+ Square Feet

 


View Property Website for more information,
pictures, current price, maps, schools and more!
Description

Townhouse, Colonial – VIENNA, VA Your opportunity to buy at the Vienna Metro Station! Well maintained townhome with updates, hardwood floors on main and first upper level, updated kitchen with stainless steel appliances, newer systems, gas fireplace, double sinks in master bath, soaking tub and much more!

Close to I-66, I-495 and shopping, restaurants, the new Mosaic District, Tysons Corner and Fair Oaks Mall.  Less than a mile from Nottoway Park!

 
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Leila Brown
Keller Williams Realty
703-850-4330
leila@mris.com

Did You Get Your $20,000?

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This past weekend, Wells Fargo gave away $20,000 to qualified buyers of homes in Washington, DC and Prince Georges County.  As of this date, all the available funds have been reserved. It could be that after 60 days some of the money will be back up for grabs.  Time will tell.

Did you know about this opportunity?  Did your agent tell you?  I have a client who I told about the program.  I found out she was eligible and sent her to the Convention Center about 8:45 am on Friday and ahe left at 3:30 pm.  She was well prepared and received a letter reserving the funds for 60 days.  It wasn’t easy, but with perserverance, she received her letter.  On the other hand, I heard about another agent’s client who said she had to work on Friday and could not attend the event on Saturday because she had to attend a funeral.  Well we all have our priorities I guess!

Would you wait 7 hours to receive $20,000?

Be prepared the next time you hear about such an offer!  If your agent didn’t tell you about this opportunity, perhaps you should interview another agent!

9388 Van Arsdale Dr Vienna, VA

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Leila Brown
Keller Williams Realty
703-850-4330
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9388 Van Arsdale Drive
Vienna, VA
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Description Features Photos Maps & Local Schools

Townhouse, Colonial – VIENNA, VA

$ Click for current price
3 BEDROOMS
4 BATHROOMS (3 full, 1 half)

Townhouse, Colonial – VIENNA, VA Your opportunity to buy at the Vienna Metro Station! Well maintained townhome with updates, hardwood floors on main and first upper level, updated kitchen with stainless steel appliances, newer systems, gas fireplace, double sinks in master bath, soaking tub and much more!

L2L Property Websites WP

Who Wants $20,000 in Down Payment Assistance?

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Wells Fargo is offering $20,000 in down payment assistance to qualified buyers in Washington DC and Prince Georges County, MD ONLY (sorry Virginia).  Are you ready to buy? Then don’t miss this opportunity. The program, called CityLIFT is being launched at the Walter E. Washington Convention Center in DC on October 5 and October 6 (a few days away). Admission is free. Parking is free at designated parking lots. Home buyers are asked to register in advance to speak with a financial professional who will tell you if you qualify for the program. If so, you can reserve funds for up to 60 days even if you have yet to find a property! What could be better!

However, you do have to bring along lots of paperwork for your appointment. (Hey, you have to do something to get the money!) And this $20,000 in down payment assistance does not have to be repaid, provided that you stay in the property for at least 5 years! Of course, it has to be your primary residence and you can’t own a property at the time you settle on the new property using the $20,000 downpayment assistance.

Check out these links for more information and you need an agent, so call me (703 679 8741).

Register Online Here

Program Details and Income Limits

What To Bring

The Costs of Renting vs. Buying Do You Know The Facts?

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Are you confused about renting vs. buying in the Washington DC area? Then, you are probably not alone. While there are many factors that determine whether renting vs. buying would be right for you, it’s pretty clear in this area. A recent article by Trulia looks at the most important factors that affect the cost of homeownership. Because of the low interest rates and the rising prices of home sales, the author concludes that “it is more affordable to buy than to rent in ALL of the 100 largest metros in the U.S.”

Read the article here. If you are a renter, let me know what keeps you renting (vs. buying) in this real estate market. I’d love to hear your thoughts.

44 and 46 “N” Streets NW Washington, DC

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JUST LISTED
Luxury Condos in the Heart of Washington DC!
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Call me direct at 703 679 8741
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Leila Brown
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703-850-4330Open Sat
12 – 3 PM

44 “N” Street NW
Washington, DC 20001
Bedrooms: 2
Bathrooms: 2 full, 1 half
List Price: $3,800
Living Area Approx: 1800

One of four, brand new, beautiful 1800 square feet 2 bedroom condos. Upper units have two masters, lower units have room that could be a home-theatre with walkout to the gated parking area. All have hardwood floors throughout, 2.5 baths, granite and stainless steel in the kitchend, 9 foot ceilings, full-size staked washer/dryer and includes parking for 1 car with room for motorcycle/scooter. Available for immediate occupancy!

Listing Courtesy of Kelly Putz

Have questions? Ask me.
Equal Housing Opportunity

Fannie Mae Streamlines Short Sale Process

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Short Sale Update
 
New Guidelines Streamline Short Sale Processes to Prevent Foreclosures and Help Communities Stabilize

WASHINGTON, DC – Fannie Mae announced that it will implement new short sale guidelines for servicers to follow as part of the Federal Housing Finance Agency’s Servicing Alignment Initiative. The new guidelines streamline documentation requirements, waive deficiencies for borrowers that successfully complete a short sale and set standard payments for subordinate lien holders. In addition, all servicers will have the authority to approve and complete short sales that conform to the requirements without receiving individual approval from Fannie Mae.

“Short sales have become an increasingly important tool in preventing foreclosures and stabilizing communities,” said Leslie Peeler, senior vice president, National Servicing Organization, Fannie Mae. “We want to help as many homeowners avoid foreclosure as possible. It is vital that servicers, junior lien holders and mortgage insurers step up to the plate with us. These new guidelines will open doors to help more homeowners qualify for short sales, remove barriers to completing short sales, and make the process more efficient for homeowners and servicers.”

Under the new guidelines, servicers will be permitted to approve a short sale for borrowers who have certain hardships but have not yet gone into default. Those hardships include the death of a borrower or co-borrower, divorce or legal separation, illness or disability or a distant employment transfer. In addition, Fannie Mae is significantly reducing the documentation required to complete a short sale, including requiring no documentation of a borrower’s hardship 90 days or more delinquent and have a credit score lower than 620. This will remove barriers for those homeowners who are most in danger of foreclosure and increase servicer efficiency in completing a short sale.

Fannie Mae will also limit subordinate-lien payments to $6,000. Previously, subordinate lien holders often attempted to negotiate higher payments. The servicer will be able to offer the maximum payment of $6,000 in order to facilitate the transaction. By setting a standard payout amount and a limit for every transaction, Fannie Mae is removing the guess work and standardizing the transaction to help accelerate the short sale process.

Fannie Mae has taken a number of steps to make the short sale process more efficient, including implementing a Short Sale Assistance Desk to help real estate professionals in targeted markets work out challenges in individual short sales, requiring servicers to complete short sale evaluations within 60 days and making military families who receive Permanent Change of Station orders eligible for a short sale. Fannie Mae completed 38,717 short sales through the first six months of 2012 and 70,025 in full year 2011.

The Servicing Guide Announcement implementing the changes to Fannie Mae’s short sale guidelines will be distributed to servicers and posted to www.efanniemae.com on Wednesday, August 22.
Homeowners can learn more about short sales, modifications and other foreclosure alternatives at www.knowyouroptions.com.

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America’s secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

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Short Sale Innovations Team

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Best Places To Live Around Washington, DC

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Once again, Money Magazine has come out with its list of small cities that offer what it says “American families care about most — strong job opportunities, great schools, low crime, quality health care, and plenty to do. And they’re true communities too.”  This year 10 of the best places are around the Washington DC area.  Five in Virginia and five in Maryland.  More

45 Arlington 210,000
30 Ashburn 59,800
17 Centreville 72,900
46 Dale City 68,300
7 Reston 60,300
8 Columbia 100,700
8 Ellicott City 66,100
23 Gaithersburg 63,400
24 Germantown 88,000
20 Waldorf 69,400

For Your Dream Board! Only $32,000,000!

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First, the disclaimer:  I am not the listing agent!  Wish I was!  I was looking around the multiple listing service for a listing in McLean, VA and came across this gem that was just listed.  So I thought I would share, since I believe it might have the highest list price in the area.  It hasn’t been built yet, but the builder has obviously completed something like it before.  How about 28,00 square feet of luxury on 2.4 acres?  The property will have 8 bedrooms, 12 bathrooms (9 full and 3 half baths), water fountains on the grounds, an in-ground pool (of course), tennis courts, multiple balconies and privacy fences.  Not to mention, it’s in the Langley High School pyramid.  All of this and much more for $32,000,000.  See the photographs here.  Let me know if I can help you buy this one!  Yes, we can all dream!