Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Ashburn : Real Estate Advice

  • All149
  • Local Info10
  • Home Buying54
  • Home Selling9
  • Market Conditions7

Activity 131
Wed Apr 27, 2011
Kamal Singh answered:
Usually 2 car garage homes appreciate more as compared to 1 car garage townhome. Major factor will be living area interior sqft.
0 votes 8 answers Share Flag
Sun Mar 20, 2011
Joe Doman answered:
It is definately better then it was this time last year. It has gone up slightly, 20148 has held its value better then 20147. They both have done well though.

Email me joe@joeknowsva.com or call me 703-929-5716 and I will do a market analysis for you or your clients. ... more
0 votes 4 answers Share Flag
Thu Dec 17, 2015
Kent Tunell answered:
This may be a selfish answer, but I would recommend a Toll Brothers house....specifically the one I have listed, and as described in my brochure, which can be found at http://imagepro1.com/35190/Brochure-Crane.pdf

Kent Tunell
Tunell Realty
571-276-6198
kent@tunellrealty.com
... more
0 votes 31 answers Share Flag
Thu Sep 22, 2011
Broker Raj answered:
I will say anywhere from $250 to $285 per sqft depends on kind of build out, location and so on.
0 votes 3 answers Share Flag
Tue Feb 1, 2011
PJ Riner answered:
Good Morning,

Having a walkout is a huge deciding factor for many buyers. And it is not someting that you can change down the road or add later. You can always add a bath or finish the lower level. So many factors play in the appreciation of a home down the road. So on that note it is wise to have the assistance of a Realtor even when dealing with new home construction. You need someone who will advise and protect you in this process and that is solely working for your benefit. Good luck and please feel free to contact us to discuss further.

Respectfully,

PJ Riner
Armstrong Riner Team
Award Winning Top Producers & Relocation Specialists

"Mastering the A.R.T. of Real Estate, One Transaction at a Time!"
Weichert Realtors
43150 Broadlands Center Plaza, Suite 104
Ashburn, VA 20148
Direct: 703-606-1878
Office: 703-726-3909 x 117
Fax: 703-726-0313
e-mail:
pjriner@gmail.com

We welcome your referrals and will extend
a most appreciative thank you!
... more
0 votes 10 answers Share Flag
Fri Jan 21, 2011
Lisa Moroniak answered:
Hello,

There are always opportunities - it's a matter of prudent networking and negotiation on the part of your agent.

I recommend as a next step in the process, to sit down and interview with a few agents - that will give you some perspective on competence and "fit" for your family's personality. It will be equally critical to have a "virtual team" engaged - most importantly a strong and responsive lender. Your agent will be able to put that team together for you.

I would be honored to be included in your process when you're ready to take that next step.

Lisa Moroniak | REALTOR® | Service360°
Keller Williams Realty
Phone: 703-635-0388
Fax: 703-679-1701
http://www.LisaMoroniak.com
Licensed in VA
... more
0 votes 10 answers Share Flag
Thu Sep 22, 2011
Jim McCowan answered:
Hi Adriana - I grew up on Merritt Island so I can warn you to prepare yourself for sticker shock! If you can email with some more specifics of exactly the type of property you guys are looking for, I'd be happy to run a search and email you the results! ... more
0 votes 7 answers Share Flag
Thu Sep 2, 2010
Vicky Chrisner answered:
Hey, Jeff... what did your lender tell you? I assume they ordered the appraisal? They can tell you when to expect it back.
0 votes 6 answers Share Flag
Thu Sep 22, 2011
Jason Stevens answered:
Newtove - I'm sure you will get all kinds of responses with this question but I would ask your loan offer what to do. By the sounds of it you will get approved for a mortgage even with the $25K in credit card debt. Here's my suggestion though which is based strictly on basic math. If the interest rate on your credit cards is higher than what your mortgage interest rate/APR is then I would pay of the credit cards first, then save up the needed funds for a larger downpayment if 90K isn't enough. Not sure the price point of the homes you would be considering but with 90K down you're looking at a $450,000 home to get 20% down. Sounds like a win win for you. ... more
0 votes 6 answers Share Flag
Mon Jun 28, 2010
Alan Kroll answered:
Ashburn is a desirable area. It has great demographics and communities. I manage the RE/MAX Allegiance office in Ashburn. The Ashburn area is a very large area with borders on Rte 7 in the North, Rte 28 to the east, Belmont Ridge Rd to the West, and almost to Rte 50 on the south. There are a lot of homes in Ashburn. Ashburn Village has over 4500 homes alone. This market area was very fast growing in the 2000s, and as a result has a higher percentage of homes purchased at or near peak market prices.

If you compare where the market was a year ago to where it is today you will see an improved market with low inventory of foreclosures. Across Northern Virginia the level of bank owned properties available to purchase is running at about 15-20% of the inventory that was available late in 2008, which was close to the peak of the foreclosure market for our area.

The market is rebounding in Ashburn, with home prices having increased from the bottom of the market. As an example I sold two listings in Ashburn Village on the same street. The first sale was bank owned, and sold for $248K in March 2009 during a time with high inventory of bank owned homes was near the peak. This bank owned home was in average condition, but was an as-is sale. Banks were discounting their inventory of homes at lot in the peak of the Bank Owned market. In May 2009 I listed and sold the identical floor plan on the same street for $328K. This home was not a distressed sale, and was in very good condition.

In late 2008 the highest prices were gotten for regular resales, followed by short sales, with bank owned selling at the lowest prices. In the current market regular resales sell at a premium, bank owned properties are selling for close to market value, and short sales are selling for the lowest prices.

I hope this helps you understand the current market. Ashburn is a great buy right now. The homes are newer, and the short sales are selling for under market in many cases. The US Government has put programs in place to help homeowners stay in their homes, and the banks and government have slowed foreclosures down to let the market recover and lessen the likelihood of foreclosures. It has worked so far, and hopefully will continue to do so. So if you are interested in buying at the really low interest rates of today you can get a great deal on a short sale.

My web site http://HomeToBank.com describes the short sale marketplace and programs available to those in distress. Many homeowners who in the past would have been foreclosed are now doing short sales to help lessen the damage on their credit.

Regards,

Alan Kroll
Managing Broker – RE/MAX Allegiance - Ashburn, VA
703-582-4217 or Alan.Kroll@r
... more
0 votes 3 answers Share Flag
Wed May 19, 2010
Leanne Tripp Palm Beach Realtor answered:
Dear Shirley,
You can come over as a middle man and we would have you come into our office first and sit you down with a cup of coffee or tea and open our laptops as we educate you on the local areas, subdivisions, renting rules and restrictions of each subdivision what is going to be your rate of return on each property for each investment.
$7000 ? No I'm buying it! Contact me Leannetripp@aol.com
Leanne Tripp
561-685-6481
Changes In Latitude Real Estate Team
Keller Williams Realty
... more
0 votes 4 answers Share Flag
Tue Nov 19, 2013
Don Tepper answered:
I'm not aware of any plans to expand Dulles Airport. There was talk a while ago of adding another runway. And there's the expansion (extension, actually) of Metro out in the direction of Dulles. And Dulles just recently switched over from those large people-movers to an underground transport system.

Here's a link to information on Dulles: http://www.metwashairports.com/dulles/dulles.htm And here's the Wikipedia entry: http://en.wikipedia.org/wiki/Washington_Dulles_International_Airport
... more
0 votes 10 answers Share Flag
Tue Apr 20, 2010
Scott Godzyk answered:
This sounds more like a round robin sale than a normal put a house on the market sale and take best price. First off you should know , that with bank owned homes, if there is mor ethan one offer the listing broker will be instructed by the bank to tell all offers to come in with your highest and best offer. Usually that it is it, highest price isnt always best as they will look at terms such as contingincies, inspection vs no inspection, cash bs waiting for financing and closing date. With 15 offers it would be common for the bank to ask 1 more time for the highest and best offers if new offers came in. The listing agent hasnt done anything illegal, i dont think unethical unless the agent was representing you as a buy broker as well, if so then they can not discuss your offer, if not they work for teh seller and their job is to get the highest and best offer for the seller. This is why you should have a buyer broker looking out for your bets interests and guiding you through this process. IWhat the agent did wrong was not having a handle on controlling the offers coming in, i would have told each and every buyer or there agent there are multiple offers so please put in your highest and best offer and when presenting to the bank letting the bank know these were the highest and best offers, that way the person at the bank knows these are highest and best and wont ask for more offers. It is up to you whether you like the house enough to put up with this BS. ... more
0 votes 3 answers Share Flag
Tue Apr 20, 2010
Gerard Dunn answered:
Often in builders contracts - there is a time limit to deliver the condo. Are they on schedule?

Speak with the lender. Tell them about the move - and tell them there is no way this can now be owner occupied.

This may change the approval status of the loan. If you are not approved for financing - especially with the builders affiliated lender - you may be released without penalty.

Be sure to provide documentation of your relocation. See if this works!

Good Luck!

Gerard Dunn
... more
0 votes 8 answers Share Flag
Tue Apr 20, 2010
The Spear Realty Group answered:
Dear Rebecca,

My North American and Central American buyers have had success in purchasing in Central America using international banks such as HSBC and Scotibanc. They have local branches here in the states as well and might be a good place for you to explore. You may also want to check with other international banks in the country where the foreign investor resides to see if there are US branches. It is a good place to start. ... more
0 votes 3 answers Share Flag
Fri Feb 5, 2010
Nancy Pav answered:
These are all great questions that are best answered by an accountant. If you'd like the name of one, please feel free to contact me for that information.
0 votes 3 answers Share Flag
Thu Jan 21, 2010
Glenda Cherry answered:
If the tenant is renting under a government housing voucher program, the landlord might be required to fill out a W9 in order to receive the payments. Can you provide more information?
0 votes 2 answers Share Flag
Mon Dec 7, 2009
Vicky Chrisner answered:
Many people are happy with them. Overall, I think that most are satisfied with their homes and I don't steer clients away from them, but as with anything you have to do your own due diligence. But, as with anything if only 1% are the unsatisfied customers and you're in that 1%, well, then it's not good. I recommend you have an agent represent you if you are buying - new or resale.

Financially, they have been struggling along with the other builders. Have you checked JD Power and Associates? I bet they'd have a survey there for you that might help.

Best of luck and let me know if I can be of assistance to you.
... more
0 votes 4 answers Share Flag
Fri Aug 31, 2012
Ramesh Chandra answered:
Frst of all where will u be working?
Ashburn is a great town.
But far from the central city.
r u a city person?
r u planning on living in our area for a long time?

Ashburn properties will have good resale values in the next few years.
Metro is coming in 2016.
Greenway is great for commute, though expensive.
Community is preferred by professionals.

U should take the help of a good buyer agent for proper consultation.
rgds,
Ramesh Chandra
703 635 8209
mepcigroup@gmail.com
... more
0 votes 14 answers Share Flag
Tue Nov 24, 2009
Kyle Davis answered:
Overall, the rental market in Ashburn is still very good. Will you break even on your investment property, is the big question, or do you want to?

Breaking even does really does depend on multiple factors: HOA, RE Taxes,and maintenance. For example, if there are high HOA dues, that should be absorbed by you, which could put you into the red.

My two cents would be to wait just a little longer and find yourself a foreclosure ( I am expecting them to begin hitting between now and January), purchase one of them at a lower price, thus having a lower cost basis. You then should have a much better chance of breaking even on your investment property. Just watch out for the HOA dues.

Also, it seem every year our Real Estate taxes in Loudoun have been increasing, so you need to be aware of that as well. Our taxes have increased by almost 50% over the past 7 years.
... more
0 votes 3 answers Share Flag
1 2 3 4 5 6 7
Search Advice
Search
Ashburn Zip Codes

Followers

223