NOT YOUR AVERAGE DONUT SHOP

Duck Donuts Herndon Entrance JS RealtyDUCK DONUTS. When they showed up in Herndon, Virginia at the beginning of May, our Facebook pages lit up like Christmas with images and #hashtags about donuts covered in bacon, of all things. If you’ve never been to the Outer Banks in North Carolina, then you are probably wondering what in the world a “Duck Donut” is and why people are going so crazy. It’s just a donut, right?

WRONG.

Duck Donuts JS Realty
Donut Maker

We set out to discover what was so “absolutely wonderful”, as one reviewer stated. The first thing we noticed when we walked in the door (besides there being quite a few people having a donut for lunch!) – there wasn’t a donut in sight. The shop was quite spacious, with some tables, chairs, and a few beach-type benches. It was clean, and it smelled pretty yummy. But where were the donuts?

Duck Donut JS Realty Bacon
Maple Glaze & Bacon

We walked up to a tiled wall about chest-high, that was topped with glass. After peering through the glass, we found the donuts! They weren’t sitting in racks, or in boxes, they were being freshly made to order! Yes, you read that correctly. They have a very cool donut making machine – 2 of them, actually – that cranks out fresh donuts pretty quickly! Those fresh, plain donuts are loaded into large trays and taken to the “topping” station, where the donut is then coated with your choice of glaze and additional toppings.

Duck Donuts JS Realty Assorted
Chocolate & coconut, Vanilla & sprinkles, Maple & bacon.

By our count, there are currently 51 ways to eat a Duck Donut, and each day there is an additional “Donut of the Day”. We happened to be there on “French Toast” day, and that donut did not disappoint! And those maple and bacon topped little wonders? Let’s just say it’s a miracle they made the 15-minute trip home!

Pictures and words do not do these donuts justice. Treat yourself to a few of these seriously yummy donuts, located in the BB&T Center in Herndon off of Elden Street.  Just be ready to wait in line as their popularity increases! As another Duck Donut first-timer mentioned to us in the shop while we were there, “The line has sometimes been out the door. And they are going to be busy this weekend with the Herndon Festival.”  Great idea – check out the festival, and grab a fresh donut! They are sold single, or by 1/2 Dozen, Dozen, and Bucket (18).

Wouldn’t it be great to live within walking distance of this yummy little donut shop? If you are looking to buy or sell a home in Northern Virginia, contact us today!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

CONTINGENCY – WHAT DOES IT MEAN?

JS Realty puzzled confused woman problemreport desk frownYou make an offer on your dream home and within your offer there are several areas that you fill in that reference the word “contingency” – what does this mean, and why is it important?

 

CONTINGENCY
kənˈtinjənsē/
noun

A  future event or circumstance that is possible but cannot be predicted with certainty.

The contingencies you will encounter most in Real Estate are the home inspection contingency, financial contingency, and the appraisal contingency.

The most common contingency is the home inspection contingency. This contingency basically states that if, at any time during the home inspection process you and the seller are not able to reach agreeable terms, Security JS Realtyyou are allowed to void the contract and receive your earnest money deposit back without penalty. Essentially, these contingencies are there to protect YOU – the consumer – in the unforeseen event that something is not going well with the purchase of the home.

What if you make an offer but the seller finds that your financing contingency is just too long? Why do they care?

JS Realty Time Woman Upset Clock PromptFrom the Seller’s prospective all of the contingencies are a risk, and if you make the contingencies too long or to aggressive, you risk turning the Seller off in regards to your offer. Most Sellers are looking for short timelines and to secure the strongest offer they can get. So the bottom line is, keep your contingencies to a reasonable and attainable limit, protect yourself, but also help instill confidence and security within your offer to the Seller.

Happy Couple Keys Home JS RealtyBUYER TIP: If you are bidding on a home with multiple offers, sometimes it can help to shorten contingency periods – or waive them altogether. You may not necessarily have to pay more money, and you may win by just being more flexible!

If you are looking to buy or sell a home, or need help navigating or negotiating a contingency, contact us today – we would love to help!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

BRAMBLETON FARMERS MARKET

Following up on our previous post about Farmers Markets in Loudoun County, we sent Scott Koval, Realtor and co-founder of the JS Realty Team, out to Brambleton this weekend to visit their Farmers Market. Scott enjoyed some local and fresh food, entertainment, and fun! Check out the video he made at the Brambleton Farmers Market, and don’t forget to subscribe to us on YouTube!

WATCH OUR BRAMBLETON FARMERS MARKET VIDEO

Would you love having a Farmers Market within walking distance of your home? Contact us now – and we can help you find your dream home!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

FARMERS MARKETS IN LOUDOUN

JS Realty Colorful Cauliflower
Credit: LoudounFarmersMarkets.org

By now you’ve probably heard the terms “Eat Local” or “Buy Local”. It may even seem like a fad. But knowing where your food is from can connect you to the people who raise and grow it. Eating locally grown, seasonal, sustainable and organic foods is tastier and healthier for you and your family. Locally grown foods are fresher, and retain their healthy nutrients longer. Sustainable and organic foods protect your health and the environment. These foods are free of antibiotics, pesticides and other potentially dangerous chemicals.  It also helps local and small family farmers stay in business and produces more jobs in our own community.

JS Realty open farmers marketSo now you want to try some of these local foods – but where do you find them? Lucky for us, Loudoun County has several farmers markets operating seasonally (and in some cases, year round!) that are probably closer to you than you think! Shopping at a farmers market can teach you how food is grown, who grew it, and why it tastes so good. They are also FREE and often have cooking demonstrations and kid friendly activities!

Check out the five Loudoun “Producer Only” farmers markets:
Note: “Producer Only” means that the vendor must be the grower or producer of ALL the products they sell. They must produce within a 125 mile radius of Loudoun County.

ASHBURN MARKET
Runs: Saturdays, May 2 to October 31
Time: 8AM to Noon
Location: One Loudoun – North end of Exchange Street, Ashburn, VA 20147
Market Manager: Ali & Dan Haney of Shenandoah Seasonal

JS Realty Farmers Market ProduceBRAMBLETON MARKET
Runs: Sundays, May 3 to November 1
Time: 9AM to 1PM
Location:
Emberbrook Circle – in front of Regal Cinemas, Brambleton, VA 20148
For a list of vendors, click here.

CASCADES MARKET
Runs: Sundays, May 3 to November 1
Time: 9AM to 1PM
Location:
The Senior Center next to Cascades Library – 21060 Whitfield Place, Sterling, VA 20165
Market Manager:
Cristina Medina of Westmoreland Produce 

JS Realty Peppers Beans FreshLEESBURG MARKET – WEDNESDAY
Runs: Wednesdays, May 6 to October 28
Time: 2:30PM to 6:30PM
Location:
Virginia Village Shopping Center – Catoctin Circle, Leesburg, VA 20175
Market Manager: Warren Howell of Allder School Berries

LEESBURG MARKET – SATURDAY
Runs: Saturdays, January to December
Time: 8AM to Noon
Location:
Virginia Village Shopping Center – Catoctin Circle, Leesburg, VA 20175
Market Manager: Kathryn Willis

Want to live closer to a Farmers Market? Contact us today for a no obligation consultation. Learn how we can help you find you your dream home and you can be eating local, farm fresh food in no time!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

WHY MORTGAGE RATES CHANGE

What causes changes in mortgage rates? There are any number of reasons for mortgage interest rates to fluctuate and we’ve broken down some of the more common reasons to help you gain a better understanding of this ever-evolving market.

Mortgage Bond Prices:
JS Realty Opposite directionsInterest rates and mortgage bond prices are inversely related. If mortgage bond prices go up, interest rates go down.

Economic Conditions:
Generally speaking, when economic reports/conditions are positive, interest rates will rise. Just this week, the report on retail sales was flat versus the expected .2% increase. This helped keep interest rates down. Last week the jobs report was positive, unemployment was lower than expected and more jobs were added to the economy, which caused interest rates to spike. These are subtle changes that can greatly affect the mortgage industry.

Federal Reserve Building JS RealtyFederal Reserve System:
Janet Yellen
, Chair of the Federal Reserve System, plays a large role in the interest rates for the mortgage industry. For a number of years the Federal Government was purchasing large amounts of mortgage backed securities in an effort to keep interest rates low. The Fed monitors the economy and will influence the interest rates to control the economic growth of the US. By decreasing interest rates, the Fed is attempting to spark growth in the economy and encourage borrowing. If the economy is growing, they will use rising rates to control the growth.

Inflation:
Inflation is a prominent economic factor and a key concern for the industry. Inflation increases prices and decreases the spending power in the economy. As inflation rises, interest rates will also rise.

JS Realty Lock Interest RateIn summary, there are many factors that influence mortgage interest rates. All of these factors are outside of our personal control. When it comes time that you need a loan to purchase or refinance a home, you will be faced with making a decision to lock in your interest rate or let the rate “float” in hopes that the market improves and you can get a lower rate. Here is my advice in regards to that decision:  It is much better to be locked in with rates falling than floating with rates rising.

JS Realty KHarris Lender
Keith Harris     NMLS # 838973

Every borrower has a unique need, as far as their loan is concerned. If you have any questions or would like more information, please contact our preferred Lender, Keith Harris at Intercoastal Mortgage Company.

 

 

The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

WHAT DOES “RATIFIED” MEAN?

What does my Realtor mean when they tell me we are “ratified”?JS Realty Confused Phone Conversation

When your Realtor says, “Congratulations, you’re ratified!”, do you scratch your head and wonder “What does that even mean?” while politely saying “Great, thanks so much!”? We are here to help you understand the word ratification and what it actually means. The short and simple of it: Ratification or Ratified = to confirm or agree.

In our Northern Virginia market, our Residential Sales Contract defines the date of ratification in the definitions section of the contract, and it states, “Date of Ratification” means the date of delivery of the final acceptance in writing by the Purchaser and Seller of all the terms of this Contract to Purchaser and Seller (not the date of the expiration or removal of any contingencies).

JS Realty Stamp AcceptedSo what does that mean in plain English? If you are purchasing a home, ratification of the contract begins the moment the contract has been delivered to all parties with ALL of the terms agreed to in writing. This is the moment when you all are committed to each other and the terms of which you have agreed to work under. This is the moment when the timelines that you set in the contract begin (unless otherwise stated that they begin based on other terms). So your Realtor is congratulating you on the fact that all parties have reached an agreement and will be moving forward.

“Why should I care?”
Basically, if you are the Purchaser, anyone else can negotiate and reach terms with the Seller up to the JS Realty calendar close uppoint of being ratified, so getting your contract ratified means they are committing to your terms and no one else’s. Also, as the Purchaser, you will want to know when the home inspection deadlines, appraisal deadlines, financing contingencies and other contingencies actually start. You will want to ensure that you meet the terms of your agreement and stay within the timelines to protect certain rights of yours within the contract.

JS Realty Champagne Glasses CelebrationSo, the next time your Realtor congratulates you on officially being “ratified”, you will know that this is in fact a great moment and worth a little celebration!

 

If you are looking to buy or sell a home and would love to hear us congratulate you on being ratified, contact us today – we would love to celebrate being ratified with you!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

SHOULD I RENT OR BUY?

Should you rent or buy a home? It all depends on your financial and life circumstances. Today, JS Realty is going to discuss the factors involved in whether you should own a slice of America – or if it makes more sense to rent. The benefits of owning your own home are plentiful, and there can be great financial perks, but the benefits don’t stop there.  Everyone’s situation is different and you need to have all the facts so you can make an informed decision that’s right for you and your family.

Owning a home can provide a sense of Security and stability to your JS Realty Kids Playinglife. Children can grow up with their same friends, continuing on through school with people they are comfortable with. It helps your family grow roots, so to speak, and feel as though they are part of a community, when you have the familiarity of living in the same home, neighborhood, and town. Children’s (and adult’s!) hobbies and sports also benefit from having the same core group of neighbors, teachers, and coaches continuously supporting them when you own your home in your community.

Financially, owning your home can be very rewarding. First, being able to deduct the interest on your home loan on your taxes is a huge help. This JS Realty property valuesubstantially reduces your taxes owed. As a homeowner with a 30 year mortgage, most of your payment is interest on the loan. Homes generally rise in value; this is how you build equity in your home. As you slowly pay down the loan your home’s value is rising. Making improvements to your home also adds value. Another great benefit is that you get to choose the improvements instead of living with someone else’s choices. Rents in our area are continually on the rise. Provided you have a fixed rate loan, owning your home means your mortgage payment remains the same throughout the length of the loan. And with rates as low as they are today, most people are choosing a fixed rate on a 30 year loan.

The following chart depicts the cost comparison of renting vs. buying. As you can see, after around 6 years the homeowner’s payment is less than the renters. This time frame is reduced to 3 years, if you factor in your tax savings as well.

JS Realty Ginnie Mae Chart Renting versus Buying
Source: Ginnie Mae

Moving is never a fun experience, and owning your own home gives you the JS Realty Moving Boxes Tapecontrol to decide if and when you move. Most rental properties are not available to rent for more than 2 years, so this means every few years you have to start the whole process of finding a home to rent and moving all over again. Stability and being in charge of your own destiny is a very powerful and liberating feeling.

JS Realty rental agreementNow, there are instances when buying might not be right for you. If you are not going to be in the area for more than 2 years, you probably would be better off renting. If you are saving to buy a home then maybe sacrificing and living in a small home you rent would help you save the money you need for your down payment.

Homeownership is both rewarding and fulfilling. It helps build strong communities and families. Contact the JS Realty Team at Samson Properties today for a no-obligation appointment, and see if home ownership is right for you!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

BRAMBLETON: BEST BUYS THIS WEEK

Welcome to Brambleton! It’s no secret that we LOVE Brambleton. We live here, work here, play here… and we want you to do the same! Tucked away in Ashburn, VA for over 13 years, the Brambleton Community features beautiful new homes that have been perfectly designed for your family. Enjoy shopping, dining, entertainment, and a calendar full of fun events – right in your backyard!
Take a look at this unique community and discover why Brambleton is one of the best-selling master planned communities in the country. To get you started, we’ve listed below our Top 3 homes for sale this week!

42499 Rockrose Square
1 bedroom, 1 bath – for under 200K!

JS Realty Rockrose Sq Exterior Front Condo for sale

23301 Tradewind Drive
Immaculate condition, backs to trees, and move-in ready!

JS Realty Brambleton Tradewind Dr For sale

42614 Callalily Way
Brand New – on the market today!

JS Realty brambleton Callalily Way Exterior Front

 

Are you thinking about buying a home in Brambleton? Contact us now – so we can help you find your dream home!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

MULTIPLE CONTRACT NEGOTIATION

Great job! You presented your home in great fashion and priced it correctly, so now you have multiple offers on your home. But how do you decide which contract to ratify? Obviously, price is a major factor, but it’s not the only factor you should consider. Financing, contingencies, rent backs, settlement dates and conveyances are other items you need to consider before deciding on which offer to work with.JS Realty working on computer contract

Your Real Estate Agent will guide you through negotiating the best terms and conditions possible. At JS Realty we use a spreadsheet that lists all the important, negotiable components of the offers side-by-side to make it easier to compare offers. Start with your highest offer and work your way through the other elements of the contract. This is the time you have the most leverage in your negotiations, so use it wisely!

Following is a list of the other components of the contract that you should review closely with your Real Estate Agent:

Buyer’s Financing – is the offer a conventional loan or is it a government backed JS Realty Calculating Money Finance contractloan such as an FHA or VA? Conventional loans tend to have less stringent home inspection and appraisal requirements.

Home Inspection Contingency – if an offer has no home inspection or if the home inspection is for informational purposes only, that could save you (the Seller) money on repair costs.

Settlement Date – if you would benefit from a rent-back now is the time to put JS Realty calendar close upthat in place. Sometimes we are able to negotiate a free rent back in multiple offer scenarios, which gives you the freedom to make your move easier and less stressful.

Appraisal Contingency – this can be the hardest contingency to get waived, but in some multiple contract situations we have been successful in getting the appraisal contingency waived.

Contingency Timelines – you will want to shorten the timelines for home JS Realty Checkboxinspections and any other inspections to as short as possible. The job of your Real Estate Agent is to get all of the contingencies in the contract released as soon as possible. Appraisal & financing contingencies are difficult to shorten too much, because you are relying on 3rd parties to do their job, so therefore you have less control.

Down Payment – how much a buyer is putting down for down payment and JS Realty Close up on a pen writing a checkearnest money deposit also plays a part in your decision for which contract to choose. The more money a buyer has invested in the transaction, the more committed they are.

Remember: this is when you hold the most leverage of any time during your transaction, so make it work for you!

Feel free to reach out to the JS Realty Team with any questions about multiple contracts or any other Real Estate related questions!

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The JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

UPCOMING FESTIVALS IN LOUDOUN COUNTY

Take advantage of the gorgeous weather this May and June and check out these fun (and delicious!) pre-summer festivals in Loudoun County! JS Realty Purcellville Music Art FestivalPURCELLVILLE MUSIC & ARTS FESTIVAL SATURDAY, MAY 16, 2015 10AM – 7PM Fireman’s Field 250 South Nursery Avenue Purcellville, VA 20132 Admission: Free with local foods, wines and beer for sale. The Purcellville Music & Arts Festival is a family friendly event offering three outdoor stages, featuring a wide range of entertainment. Experience the best Purcellville has to offer with local foods, wines and beer for sale. ANNUAL HOTTEST COOL JAZZ FESTIVAL JS Realty Chrysalis Wine Festival SATURDAY, MAY 16, 2015 SUNDAY, MAY 17, 2015 10AM – 6:30PM (both days) Chrysalis Vineyards 23876 Champe Ford Road Middleburg, VA 20117 Admission: $20.00 in Advance, $25.00 at the door Enjoy the 13th Annual Hottest Cool Jazz Festival at Chrysalis Vineyards, showcasing local musician and plenty of vendors to please the crowd. LOVETTSVILLE MAYFEST JS Realty Lovettsville Mayfest Festival SATURDAY, MAY 23, 2015 10AM – 6PM Town of Lovettsville 6 Pennsylvania Avenue Lovettsville, VA 20180 Admission: Free – open to the public Welcome in spring with your entire family at Lovettsville’s 4th annual MAYFEST! Bring the kids to our Fun Zone (moon bounce, dunk tank, face painting, pie eating contest, rock climbing, pony rides) while you enjoy live music, a glass of local wine and enjoy the majestic Loudon County countryside! STRAWBERRY JUBILEE AT GREAT COUNTRY FARMS SATURDAY – SUNDAY, MAY 23, 2015 TO MAY 24, 2015 SATURDAY – SUNDAY, MAY 30, 2015 TO MAY 31, 2015 9AM – 6PM (both days) JS Realty Strawberry Festival Great Country FarmsGreat Country Farms 18780 Foggy Bottom Rd Bluemont, VA 20135 Admission: $10/child, $12/adult Join the biggest u-pick strawberry festival in Northern Virginia! The Jubilee will be packed with live music, farm contests, u-pick strawberries, and great food. The infamous Pie Eating Contest and Tart Toss will keep you smiling. Bring your camera to have your photo taken with the Royal Strawberry Princess and blow magical bubbles. JS Realty Bram Brew Festival 2015BRAMBLETON BREW FEST SATURDAY, MAY 30, 2015 1 – 6PM 42395 Ryan Road Brambleton, VA 20148 Admission: For pricing and ticket purchase, click here. Kids 12 and under are free. Kids are welcome to attend but it is an adult focused event. Welcome to the Inaugural Bram Brew Fest presented by Lost Rhino! If you are a true craft beer lover and a supporter of local breweries than the Bram Brew Fest is for you! Featuring almost 25 breweries that are within a drivable distance from Brambleton, so after you have your taste you can easily visit the brewery later! Food will be available for purchase. ANNUAL STRAWBERRY FESTIVAL AT OATLANDSJS Realty Oatlands Strawberry Festival SATURDAY, MAY 30, 2015 10AM – 4PM Oatlands Historic House and Gardens 20850 Oatlands Plantation Lane Leesburg, VA 20175 Admission: $20 per family/$10 adults, children under age 3 are free Did you know that strawberries are a part of Oatlands’ history? Come celebrate the return of strawberries to Oatlands Plantation at the 1st Annual Strawberry Festival! Enjoy the Southern Winds band, lots of games, u-pick strawberries, hay rides, Pop Pop’s kettle corn and lemonade, Hill High BBQ, strawberry contests, beer and wine, and more! 17TH ANNUAL HARPER’S FERRY OUTDOOR FESTIVALJS Realty Harpers Ferry Festival 2015 FRIDAY, JUNE 5, 2015, 6:30 – 11PM SATURDAY, JUNE 6, 2015, NOON – 11PM Blue Ridge Center for Environmental Stewardship 11661 Harpers Ferry Rd Purcellville, VA 20132 Admission: $15 Friday and $20 Saturday, $30 for both nights, includes the cost of camping! Come to the Harper’s Ferry Outdoor Festival! Browse through vendors’ displays and have a bite to eat from participating local restaurants. Dance the day and night away with many great bands. Get out your paddle or running shoes and participate in one of the many races. Enjoy lots of interactive activities for children. As always, camping is free with admission. BREAUX VINEYARDS ANNUAL CAJUN FESTIVAL & CRAWFISH BOIL SATURDAY, JUNE 13, 2015 JS Realty Breaux Cajun Festival 11AM – 6PM Breaux Vineyards 36888 Breaux Vineyards Lane Purcellville, VA 20132 Admission: $16 Pre-sale, $20 at the gate (day of event), $12 For Cellar Club members Join your Cajun cousins at Breaux Vineyards for the 18th annual Cajun Festival and Crawfish Boil.  Enjoy wine tastings, craft vendors, Cajun fare for sale, and more at this annual celebration of our Cajun heritage.  There will be live music all day! Activities for the young (and young at heart!) include clowns, balloon art, and face painting.  Laissez Les Bon Temps Rouler!

Looking to buy or sell a home in Loudoun County? Give us a call!JS Realty Free home analysisThe JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.