Lake Ridge Virginia Real Estate Help For Sellers and Buyers

Just yesterday, a Lake Ridge Virginia homeowner asked me when the real estate market was going to improve enough that he could sell. Turns out his perception of the real estate market was skewed a bit. He just assumed the local real estate market conditions were bad since he keeps seeing those yellow signs in the median strip on weekends advertising Lake Ridge Foreclosures.

Imagine his surprise when I said, currently there are only 16 Foreclosures For Sale in all of the 22192 zip code area.

Turns out, I uncovered that not only could he sell, he could sell for a profit. I think is one person who slept well last night just my dog CJ.

Needless to say, he was so relieved.

That is just one more example of never assume. While you are stressing and worring, you just might  learn that home values are up enough that you can sell. Just maybe the dream you have had rolling around in the back of your mind....can be put into action.

Learn what your home is worth- contact me and I will do a quick market snapshot for you.

The local real estate market has picked up to a pace we haven't seen since early 2003.

Showings are up dramatically on our listings, my friends in the new homes arena are reporting amazing traffic and across Prince William and Northern Virginia inventory is low. So it appears spring market has arrived early this year.

Breaking News---the home located at 12280 Tilney Ct, Lake Ridge Virginia went under contract is 10 Days!

Listed for $845,000. 

For more information on this home or to search the local MLS Listings Click Here

Do you need to sell your home?

I truly believe Marketing Matters!

If you are a home buyer searching for a realtively new home, that is ready to move in turn the key ready, start your engines. We have a new listing coming on the market this morning priced at $489,900. The home is a Stanley Martin but Briley Model with luxury bath, four bedrooms, three finished.

Lockbox will be on this afternoon.

Home is located at

16409 Chattanooga Ln, Woodbridge VA, 22191

Just Listed- Lockbox goes on this morning.

End Unit Townhouse with full fenced back yard in parklike setting.

Home is being offered by Short Sale, two loans.

Interior needs an entire face lift to bring it into 2012. This is a great investor opportunity.

Showings only between 9-5 pm Monday through Friday -NO EXCEPTIONS.

Address: 14329 North Park Ct, Dale City Virginia 22193.

List Price $125,000

Home buyers searching for luxury homes priced between $500,000 and $1,000,000 is up. This past weekend I experience something I have never witnessed in my twenty year career. The open house I hosted for 12280 Tilney Ct, in Lake Ridge Virginia priced at $845,000 had more than forty visitors.

Even better, their have been she Realtor showings this week, and another couple is coming back to take a second look.

So, that might make you wonder. "What's happening in the luxury home market" Especially in area's where you own your home such as Lake Ridge, Hunter's Ridge, Meadowbrook Woods, Coventry Glen, River Falls, River Falls on The Occoquan,Deer Valley, Holleybrooke Estates,Gingerwood, River Bend, Classic Oaks, Fox Hollow, Omisol Estates, White Oak Estates, Ellis Plantation, Barrington Pointe, Westridge, and Crestridge.

Currently in the 22192,20112,and 22193 zip code area there are 32 Active Luxury resale homes For Sale.Of those five homes are being sold by Short Sale and currently there are none being sold by Foreclosure. The market is trying to correct. I have seen homes that were sitting on the market for a long time quickly go under contract in the past week. It appears if you want to buy a luxury home in any of the above mentioned neighborhoods, you may want to consider getting set up on Automatic Alerts. I can do that for, you contact me and tell me what you are looking for, and I will make sure you at least know that it is for sale.

In the past nine months or so, 56 luxury homes have SOLD! Sellers are having to pay some closing costs, however as inventory dwindles that begins to shift and you may not have to pay for the buyers closing cost. That will depend on how well your home shows, and how competitively you are priced.

Today, 12 Luxury Resale homes are Under Contract pending settlement!

So, if you've been thinking, it is time to scale down or downsize to a smaller home, you may have a very good chance of doing that. Give me a call or simply contact me and let's look at the numbers. Then we can sit down and craft a road map on how to go about making your move a successful one. I look forward to hearing from you.

I've seen a lot of homes in my day and very few surprise me.  Well let's just say " my jaw dropped when  the homeowners gave me a tour." The home is nothing like the homes we've sold in the neighborhood in the past two years. 

The only thing that came out of my mouth was " Oh My!" Especially when I saw the expansive addition, the back staircase, the stunning master bedroom additions, all the remodeled baths, the landscape, the patio, the detached garage with lift and who can forget the dog wash station in the two story mud room! 

Have I peaked you're interest? This home will be Open Sunday January 15th, 2012 from 1-4pm. Come see it.

MLS# PW7754284

To view more photo's of this home simply click here

Or just use your iPhone and scan this with your QR Reader

You can also read what Erick Blackwelder has to say about this home.

He walked it the other day with his camera in hand. Read more..

People ask me all the time "how do I find real estate foreclosure homes in the Woodbridge, Lake Ridge Virginia area." My answer is simple, we can sign you up to receive automatic alerts. Then every time a new foreclosure MLS Listing is entered into the Realtors multiple listing service, you get notified even before I do. It's that simple. So share with me what you are looking for and I will immediately set up your custom search.

Currently today 1/12/2012 the Woodbridge Virginia area has over fifty(50) active foreclosure homes for sale.  The lowest price condo townhouse at $63,000 and the highest is a brick front NVR built single family home in Dawson Landing with over 3200 finished square feet and a three car garage offered at $449,000! So there are some deals out there. 

Things you need to know:

• All foreclosures, bank owned homes are sold "as is"
• In some cases utilities are not on and further damage is being done- "Sumps not on, pipes freeze, vandalism" It's happens.
• Buying a foreclosure home is not for the faint at heart. Many will require at minimum new flooring, a fresh coat of paint, sometimes new appliances and drywall repair. ( many are missing appliances and wall speakers)
• Banks typically have done the appraisal process and know the fair market value of the property. In many cases we see homes that were previously under contract pending short sale approval at a lower price, only to learn that sale fell apart, the bank foreclosed and now the home is being sold for more.

So that brings me to the next point. If you are a flexible patient buyer, making an offer on a short sale home may be the way to go. Short Sales handled by experienced short sale agents typically go to settlement. A short sale can take up to six months for the homeowner/seller to acquire short sale approval from their bank. That said, these homes in many cases have someone still living in the homes. The homes are still sold "as is", you are less likely to run into catastrophic issues after settlement. ( at least that has been my experience.)

Now, if you are relocating the area, or you want a move-in ready home you will need to start early this year. Why? Resale inventory is very low here in the Woodbridge, Lake Ridge and Manassas Virginia area. In fact it is worse in Alexandria. This week I have been assisting buyers who are looking for a single family home priced between $350,000 and $500,000 and let me tell you the selection is dismal at best. They are in shock! Worse, they put an offer in on a property and another buyer won the bid. It happens.

Well let's take a look at 12290 Pondwater Ct, Woodbridge Virginia as an example. Zillow is reporting the home is valued at around $620,000. Yet the appriasal the seller got before he listed by a certified appraiser was only $509,900!

Both were on acreage, one was updated on a corner lot, the other was not updated, however

Just a few days ago, I posted about a home that we listed at 14325 Springbrook Ct, Dale City, Virginia 22193.

I did all the things I normally do for all our sellers. I make sure I prepare a marketing plan that is specifically tailored for their home. On day one of the day I listed the home they had a virtual tour, a private website, buyers could access information via text, QR codes, email, and on countless sites on the web. Erick and Company never rely's on the sign and the MLS alone.

The result.....many,many showings and a full price offer within seven days!

Success another home Under Contact and the sellers are thrilled, nervous and excited to take the next step...to find their new home.

If you have a home you need to sell, please give me a call and I will be happy to assist you.

Update 1/10/2012- This home is now Under Contract in less than 7 Days!

If you are looking for a move-in ready home, on a cul-de-sac lot, backing to tree's. Today may be your lucky day, that is if you like what you see.

This home shows really, really well. It is a "regular owner", healthy sale. Owners are flexible sellers. They can move right away, or they can also settle and rent back for say thirty to sixty days. Share with us what you need and just maybe we can get the seller and your to come together on terms. If we do, you will get to own this wonderful home. It is located just off Spriggs Rd, in Woodbridge Virginia.

To learn more about this home start here-14325 Springbrook Ct Can Be Yours

Peggy James has detailed property information for 14325 Springbrook Court, Woodbridge, VA 22193 and more Woodbridge Real Estate listings

To schedule an appointment to see this home-simply follow this link

MLS # PW7748114

If you have an iPhone or an iPad and you are looking for a home in the Northern Virginia or Prince William County Virginia area...we have an APP for that.

So imagine this, you've decided to take a drive and just go through neighborhoods you like. If you upload our FREE app, you can then just push the GPS icon in the bottom left corner of the APP,  and in seconds the house you are in front of, appears in full color with the price, the interior photos and everything the listing agent has posted about that sellers home.

No kidding! It's that easy.....

"This home finder APP is a real time saver for anyone who is looking for a home, or even if you just want to know what homes are selling for in your neighborhood."

How do you get it? It's easy.  Watch this video tutorial I did to show you how it works!

Just a quick reminder to any of my readers who are thinking they may want to buy a New Home this year. There are so many builders and floor-plans and communities to choose from now that new home builders have secured many amazing lots as the economy was in the tank.

This is all good news for you all. But, please remember when you visit a New Home Model and you go inside and they have you sign that "registration form". When you do, you give up the right to have Buyer Agent Representation if you do not name your REALTOR® at that point.

Why- Builders are just like For Sale By Owners. The person working on site in most cases is not a licensed REALTOR®. They work for the builder and the builder alone.

I used to work as a New Homes Sales Manager. What you need to know, is there is no cost for you to have a REALTOR® representing you. I will not only help you, I will be able to coach you on your options. When and if things get a little stressful between you and the builder,throughout the building process, you will always have representation and an advocate working to help you.

So call me and share with me what you are looking for. I will in return send you a stack of my cards. That way if you are out and about and happen to stroll into a builders model, just hand them my card. The sales person will immediately take you as a serious prospect, someone who has all their ducks in a row and they be less likely to interrogate you for information. You will find that the process all of sudden becomes"let's see what home style fits your wants and needs the best"  versus, the twenty questions about where you live, how much do you make, how soon before you want to buy...and so on...and so forth.