Friday, July 31, 2009


As you may have heard, our government has put together a tax credit program which will give a first-time homebuyer credit of up to $8,000 (10% of a home price). There are only four months left for you to take advantage of this wonderful program; in other words you need to go to settlement by November 30 in order to receive the tax break.
There are two important things you should remember:
1. You have to be a first time buyer (or you will also qualify if you have not owned a home in the last 3 years).
2. Your income should be up to $75,000 if you are single and $150,000 if you are a married couple (adjusted gross annual income). The credit amount phases out between $75K and $95K for individuals; $150K and $170K for joint filers.
There are still quite a few properties that are worth buying today- many of them are near the metro, too! However, you should remember that it takes longer to get to closing. Banks require the minimum of 30 days + after the ratification of a contract to close on the deal. Hurry! If you need help and guidance - call or email me! Good luck!

Thursday, July 16, 2009

Rosslyn - less than 0.4m radius from Metro

Today, there are at least 22 properties that are offered for rent. From $1,000 for an efficiency in Gerogetown Village to $4,500 for a brand new fully furnished 2 bedroom 2 baths unit in the Waterwivew. You can walk to Georgetown...

Those who are looking to buy a property near Rosslyn metro, can find many condo units and townhouses for sale. One of them ($800k) is a 2-level loft with a terrace in WOOSTER AND MERCER LOFTS. Regular sales in the area are from 260k for a 1 bedroom condo in COlonial Village to $3,7mln for a 3 bedroom condo in one of the most beautiful building in Rosslyn - Turnberry Tower. A 5 bedroom unit in the same building is over $7mln.

There are a few foreclosures which are just a short walk to the metro. If you are interested, please call or email me.

Friday, July 3, 2009

Tysons Corner - Dunn Loring

Many people would like to live not far from Tysons Corner and yet be close to the metro. For those who are interested in renting at this point, there are 13 rental units at Dunn Loring metro. Price is from #1,375/mo for a 1 bedroom unit to $2,500/mo for a 3 bedroom unit in Westbriar. Just across the street from the metro. Very convenient.

For purchasers, there are 10 properties for sale. From $250k for 1 berdoom in Wilton House to $400k for 2 bedrooms in Westbriar. There is also a townhouse for sale - $550k - 3 bedrooms, 3 1/2 baths in Metro Place at Dunn Loring.

$1,150,000 to $1,250,000 is the price range for detached houses. (These are preconstruction prices).
If you need help during the holiday week-end, I am here for you - just a phone call away - 703-281-2873.
HAPPY 4th of JULY!