Friday, April 2, 2010

Northern Virginia real estate for sale is still attractive

Northern Virginia real estate for sale - it is something you should consider if you are relocating to Washington DC Metropolitan area. It has not been hit too much as compared to the rest of the country - especially in the localities closest to the metro stations. We have not seen much appreciation since 2005, but there are not too many under the water. So it is still attractive as an investment.
Most people might qualify either for $8k tax credit or for $6,500 tax credit. The credit is claimed when the home buyer files or amends his/her federal income tax. So complete Form 5405 and attach a copy of the settlement statement. Most importantly you do not need to sell your current home in order to be eligible for the repeat buyer credit. Call me at 703-577-4277 for details.
By now most people know that you have to get a ratified contract before April 30, 2010 and have settlement before June 30, 2010 to qualify. But do you know that if you are a member of the uniformed services, Foreign service and some other categories, you can complete the purchase before April 30, 2011? Need assistance? Call me at 703-577-4277.

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