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Prince William, VA Real Estate News

By Cheryl Thomson REALTOR Ret Army, Associate Broker in Northern Virginia
( United Real Estate DC Metro Region (703.216.5635) cheryltee47@gmail.com)
I thought this was an interesting article to read considering the economic turmoil our country is facing.  Take a few moments to read: Prince William County is among the nation's 25 richest. Forbes.com recently put out its short list and Prince William came in 14th. According to Forbes, the median household income in Prince William, with a population of 358,719, was $88,876 in 2008. Prince William Chairman Corey A. Stewart said he wasn't surprised at the ranking and said the county is moving up. "The last time I think we were number 19," Stewart said. Stewart said he wouldn't be surprised if more recent numbers showed Prince William with an even higher rating. "We've got a lower unemployment rate and a more stable economy than other parts of the country," Stewart said. Ranking in the 14...
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By Cheryl Thomson REALTOR Ret Army, Associate Broker in Northern Virginia
( United Real Estate DC Metro Region (703.216.5635) cheryltee47@gmail.com)
Buying a house is EASY!!! However, if you are not informed and prepared for it, you can lose your mind. Here are a few tips that will let you know if you are NOT prepared and most of all, if you are NOT getting the best advice.   1. "Hey, I know it's not exactly what you wanted but it's your first house... "   2. "You want a Good Faith Estimate? Yeah, I gotta get that to you but, you'll be ok and we'll deal with that when we get closer to the closing time..."   3. "What do you want me to do? That's just how the market is."   4. "I know the numbers aren't right but, let's close anyway and you can refinance in about 6 months."   5. "What's wrong? There's not a big difference between 5% and 6%. Remember, you have a tax break."   6. "Those aren't holes in the floor. That's antique personali...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
.    Who has had it with all this snow and bad weather? Is is time to consider relocating to a warmer climate? Spring market is just around the corner. Let's talk... Search Homes For Sale In Myrtle Beach Search Homes For Sale In Austin Texas Search Homes For Sale In Sarasota Flordia Search Homes For Sale In San Diego California Search Homes For Sale In The Flordia Keys  Give me a call, let's talk about your options.   What are you waiting for?  Spring Market Is Almost Here. Let's Turn That Dream Into A Reality! Reach me direct at 703-851-3085 or  contact me by email .  Contact Peggy James or Erick Blackwelder  of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,  Woodbridge VA. 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for ...
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By Peggy James, Woodbridge Virginia Area Real Estate Specialist
(SAMSON PROPERTIES)
                                                                                                 I've got a secret for any homeowner in the Woodbridge Virginia area who is reading this... Prince William County Virginia is heading into a raging sellers market come spring. We need inventory to sell! Buyers are growing frustrated from the lack of inventory. I had two call yesterday saying " how come there are not very many houses for sale right now? My answer everything is Under Conract. So my advice if you are thinkng of buying a home. Get preapproved now and be ready to jump in the car when a home comes on the market that you like.                Take a look at what Trulia.com data is showing:    Follow Peggy James on Trulia.com If you are thinking of Selling or moving up to a larger hom...
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By Markita Woods NMLS#196099, Queen of Mortgages - FHA, VA, Conventional, USDA
(Fairway Independent Mortgage Inc.)
There are several military bases in the DC Metro area. There are a large number of veterans and active military personnel in our capital city area. This indicates that there will be many veterans looking to purchase homes, and if you are a veteran who lives in the DC Metro location or still currently in the military and coming to this location, this is the right time to get your VA mortgage loan. VA home loans are an excellent option for any eligible veteran who wants to purchase a home. With the economy being the way it is now, it is hard to get a home loan and a VA mortgage loan is an excellent option. You don't need to make a down payment, which can be a benefit to veterans as they try to buy a big house for their family - a house they might not otherwise be able to afford using a ty...
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By Erick Blackwelder, Text or call Erick now at 703-677-1120.
(Cell: 703-677-1120)
Woodbridge  Home Buyers, It's Time For Me To Sit You Down, Look You In The Eye, And Have "The Talk" Welcome To The CCW (Cold Cruel World) Of Woodbridge Homes For Sale Woodbridge Real Estate News You Can Use Okay folks, listen up! All of you who are thinking about buying a home in Woodbridge VA priced above $450,000, stand over HERE. All of you who are thinking about buying a Woodbridge Home priced below $450,000, stand over THERE. Okay now that you are in your respecitve herds, here is a quick word for you folks shopping for something over $450,000... You have lots of options, you can get a lot of home for your $$, so be happy.  You are now dismissed.  Exit the room through the double doors in the back. Now, everyone shopping for a home priced between $450,000 and $250,000, move over HE...
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By Jim Gilbert, The Gold Homes Team
(Samson Properties)
The numbers of new REO and foreclosure listings in PW County increased steadily and dramatically from January 2007 through August 2007.Foreclosed homes progress from current status to preforeclosure to foreclosure to REO to new owners after settlement. When homeowners need to sell or cannot pay their mortgage and the market value of the property is less than what they owe they may attempt a short sale.  If the short sale fails and/or the homeowner continues not to make the required payments the lender(s) may foreclose on the property.  If no one else buys the property at the trustee's sale the lender may buy it themselves and carry it in their own portfolio of "Real Estate Owned" (REO).  It will usually be listed for sale and sold to new owners using a broker specializing in REO listing...
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By GOLD Team Bristow
(RE/MAX Olympic)
  Nic A. needed to buy a 2-bedroom condo near his family in Lake Ridge. Nic chose the GOLD Team and succeeded immediately in winning the purchase of his selected home out in a 5-offer contest.  A year later Nic needed to sell and chose The GOLD Team again. Again his objective was achieved swiftly.  Subsequently Nic referred Johnny and Rosa to The GOLD Team. They listed 5 properties for sale with us!  Here are some of Nic's comments about the GOLD Team's service:"Deanna and Jim are the consumate real estate professionals. Available, knowledgeable, thorough and fair. I wouldn't change a thing!" 
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By Jim Gilbert, The Gold Homes Team
(Samson Properties)
Some residents say that discouraging illegal immigrants from using county services improve the quality of life in the county in the long run and will increase property values.Others say the illegal residents will choose to leave and avoid buying here, thereby further softening the already overly soft market for PWC homes.What do you think?
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By Jim Gilbert, The Gold Homes Team
(Samson Properties)
The wave of foreclosures sweeping through the country continues to wash into the mid-county Prince William County, Virginia zip code of 20112 (a Manassas mailing address but not in Manassas City).The "Mid-County" 20112 zip code is generaly wooded, and not nearly as densely developed as the neighboring zipcodes to the east (Woodbridge) or the west (Manassas).Single family homes in preforeclosure, short sale, foreclosure, or REO status include the properties ranging in price from $239,000 to $840,000 on lots ranging in size from 2409 square feet to 187,809 square feet!Address                                         Orig Price   Now Price    Garage    Beds   FBA   HBA  Lot Size14032 Baneberry                             674,900    504,900         2           4        3      1     151411301...
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