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Market Conditions in Ashburn : Real Estate Advice

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

Activity 7
Wed Feb 27, 2013
Dina Azzam answered:
Hello Annie,

It depends on so many things, such as condition, location, age, and the comparable sales in the neighborhood. YOU should really have a buyer's agent help you, that way you are sure to be getting the best deal and having a profesional take care of the whole transaction for you.

Good Luck
Dina Azzam
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Tue Jan 15, 2013
Jamie Skojec answered:
That would be near the toll road and Waxpool. Are you interested in a property there?
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Wed Feb 27, 2013
My NC Homes Team answered:
You should be working with a buyer broker and asking them and not the Internet.

You have two options, if you're contract is predicated on your getting a mortgage then you may terminate the contract, you will be out your expenses to date. You can send a copy of the appraisal to the sellers lender who is ultimately the one in charge of the short sale and tell them they may either accept the appraised value and re-do your contract in which case you are prepared to close on schedule otherwise you'll terminate.

Good luck.
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Fri Sep 21, 2012
Jill Tacci answered:
With the metro rail coming in future, you should be fine. I hope you have an experienced agent representing you. Not all
Builders are the same. Call me if you need help. 25 year veteran in industry with good references. Jill tacci

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Mon Apr 29, 2013
Kamal Singh answered:
its good time to buy. i will suggest buy a townhome instead of condo, Resale value of townhome is better than single family. Are you buying for investment or peimary residence?

Kamal Singh
VA, MD ABR® Broker Realtor
Jobin Realty
Mobile- 703-728-3403
Cash back on any new home purchase
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Thu Mar 26, 2009
Justlooking30 answered:
You'd take a loss, but since it's mostly paid off anyway at least you wouldn't end up in massive amount of debt, which is where most underwater sellers seem to end up. If you use a HELOC to finance the downpayment, you're putting yourself at a large risk of debt if the townhouse won't rent to what you need it to, if something happens to the townhouse while you're renting it, or it not selling at the price you need it to down the road.

If you and your wife feel secure about your finance position in Delaware and can wait but still don't want to sell your old home at a loss, you might want to consider renting/subletting in Delaware, and making offers contingent on the old home selling at or above the price you need. Good luck!
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Thu Mar 24, 2011
James Downing answered:
The question is; do you want to be a landlord for the next several years? I do not see prices moving up much in VA for some time. There is way too much on the market and the many foreclosures are driving prices downward. If you can sell quickly; now may as good a time as any.
If you decide to go the renting way - think about how you will manage if you do not have a tenant or the time between tenants. Or the damage they may cause to your property.
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Market Conditions in Ashburn Zip Codes