Not enough info to give a good estimate.. How many feet is "nearby" Is there existing utility easements to the property? What jurisdiction are we talking? Tap fees vary from system to system. What is the size of the main? How far will it need to be extended? Does it need to travel under currently paved streets and or sidewalks? How far from the street to the house?Depending on your answers here it could be as low as $40,000 or a bit over $100,000... more
Private lenders are used for short term loans uuslaly to build or ix homes and then sell. They can haveinterest rates 12-18% and charge high points if you do not pay it off within teh specified time of usually 6 mo to 1 yr max. You should meet with a localand trusted lender to get prequalified for mortgage, personal loans are very rare these days without something to out up for security.... more
It means that the time periods specified in the contract are rigid - for example, if it states that the seller will deliver a disclosure document within three business days after mutual acceptance, the buyer can void the contract on day 4 - the seller has then lost their ability to keep the buyer under contract.... more
You don't need to disclose anything you don't want to. However, a buyer's agent will need to know if you've talked to a lender yet to get prequalified. The lender IS going to ask for LOTS of personal info about your finances. All your agent needs to know is what type of loan you qualify for, how much you'll be putting down, and that you can afford the monthly mortgage payments. All of this he/she can get from your lender.... more
We at NVRE are very experienced in the Northern Virginia Rael Estate Market. Our relationship with our clients is a very long time relationship, NVRE will be your resource for all your real estate needs for many years to come. Please visit out site at www.resre.com
Please, submit inquiry on our site or just email us your information and your real estate needs. NVRE is a super excellent company and you will be very glad to do business with us.
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The documents that need to be submitted in a short sale are the agency documents between the seller and the listing agent (Listing agreement).
In addition the bank will request:
2. A copy of the ratified sales contract
3. A copy of the sellers past 2 or 3 years of W-2's and tax returns
4. Most recent 2 months pay stubs
5. Most recent 90 days of bank statements from all accounts.
6. Letter explaining why you can no longer make payments on the home or why the need to sell. (Hardship Letter).
There are several reasons the bank will accept as a legitimate hardship: loss of primary family member, medical, job loss in which income is not able to be recouped based on economy, relocation for job where that job can not be replaced in the current area, sometimes divorce, and a few others.... more
Document review is done by the bank in a short sale. If all paperwork has been filled out and submitted properly, the documents will go through the proper channels for review. The bank has to determine whether there is a hardship with the owners such as job loss, inability to pay bills, etc. The seller has to fill out a lot of paperwork, submit bills, bank accounts, pay stubs, tax returns, etc and all these documents need to be submitted together for review.. The time needed is determined by the banks and the completeness of the paperwork. You need an agent who is familiar with the process to handle the transaction and follow up with the bank on a regular basis. If not complete or sent in as the bank has ordered, it may be pushed to the side and they go to the next case. All documents may have to be resubmitted and the review is started all over again in turn. Hope this helps. Contact me with any specific questions unless you already are working with a Realtor.
Jo Ann Marcario
Certified Distressed Property Expert
Accredited Buyer Agent
Well, there's only 1 currently listed for sale and 1 for rent.
Location is both a pro and a con. Being right outside the Beltway close to Route 7 and Tyson's on one side and close to I-66/495 on the other, the location is very convenient. On the other hand, there's going to be construction going on for years at both ends--the Metro extension, HOT lanes, and more.
The property for sale--as well as the one for rent--looks gorgeous. Some folks might consider it expensive for a townhouse--though I didn't run the comps and it may be a very good value in the community. You would be paying for location, and for a property with lots of bells and whistles.
I like that general area, though I'm a bit more familiar with property just inside the Beltway--the West Falls Church area. But--other than potential traffic problems and making sure that it's a reasonable value for that community (which you should do in any case, regardless of price or location)--it has a lot going for it.
Hope that helps.... more
I am assuming you are talking about a soon to be foreclosures. They will list them in newspapers or you can call the clerk of courts. I am sure Virginia has to advertise the upcoming foreclosures in the local newspaper, but many things can happen that prevents them for going to sale.... more
If it is being auctioned at the FFX County Court House you can go to the auction with a certified check for the amount listed in the auction notice. Understand that the bank may not let the house go for less than the amount owed on the loan and "buy" it back themselves. You will be buying the house as is and will be required to close generally within 30 days.... more
At this time it is very difficult to get constructions loans. You will definitely need at least a 20% downpayment and clean credit. I do have one lender that can make these types of loans. Please give me a call and we can discuss it. Thanks,... more
No. There aren't any.
I ran two searches, including the area between Vienna and Falls Church.
One includes all actives, 3/2 or better, priced under $350,000. Here are those: http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=37716345575
That turned up a few properties, but no ramblers. Most of them are Cape Cods.
Then I ran a search in the same geographic area for ramblers or ranchers, 3/2 or better, priced under $400,000. And a bunch came up, but they're all under contract. Here's a link: http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=37716407463
Basically, it's a very, very hot market.
You may want to revise your requirements somewhat--probably to include different styles of homes and perhaps expand your search area a bit, probably stretching more down to Springfield. Also, once you've set some broad criteria, you should have a Realtor set up an automatic notification system to let you know the instant any such properties come on the market.
Hope that helps.
Hope that helps.... more
The problem is getting financing. It is challenging to get conventional financing. How much is the property value? Has it been appraised?
Penfed Realty, LLC
I think you're mistaken. The "someone calling himself George Pappakostas" is, in fact, George Pappakostas. He's not posting those prices. Trulia is indicating those came from the public record. I did check, and some of them are incorrect. But that's very likely the feed that Trulia has from Fairfax County, not some evil plot by George. In fact, it appears that George just is paying Trulia for his profile to appear on those pages.
Further, this doesn't skew the numbers in favor of sellers. You think a seller's going to see that some homes in Vienna sold for $3,500 a square foot? And that that's the value he assigns to his own property? Let him do it. The house will sit there unsold for the next 15 years.
Hope that helps.... more