Chantilly, VA Home For Sale

Beautiful Single Family Home in Chantilly, VA For Sale

This 3 level, 4 bedroom, 4 bath home is conveniently located in the Armfield Farms community of Chantilly at 13600 Angelica Court. This beautiful, spacious home includes a 2 car garage and private driveway. Additional street parking is also available.

Additional features include:
-Well maintained Brick front
-Beautifully landscaped yard, with a fully fenced back yard
-New paint throughout the home
-Separate laundry room with front loading washer & dryer and shelving with storage space
-Close to shopping, entertainment and restaurants
-Convenient to major roadways and Dulles International Airport

Main Level
Large open rooms with hardwood floors. Natural light fills the living room and includes a bay window and crown molding.JS Realty Team - Angelica Ct Living Room

Spacious and bright updated kitchen with brand new stainless steel appliances and a Breakfast area that overlooks the family room.JS Realty Team - Angelica Ct Kitchen 1

Bright, formal dining room features crown molding and chair rail.angelica chantilly jsrealty4u

Family Room beyond the kitchen features a wood burning fireplace and door leading to large deck.angelica chantilly jsrealty4u

Large Deck has stairs leading to backyard and is great for entertaining!angelica chantilly jsrealty4u

Upper Level
Master Bedroom features a large sitting room, dual walk in closets and ceiling fans. angelica chantilly jsrealty4u

Master Bathroom boasts custom shower and 2+ person soaking tub.angelica chantilly jsrealty4u

2 additional bedrooms with ample closet space and plush carpeting, along with a full bath are also located on this level.

Large, finished, walk out basement features 4th bedroom, bathroom, and sliding glass door that leads to a large brick patio. angelica chantilly jsrealty4u

Located in a beautiful cul-de-sac in Chantilly, VA, this home is a must-see in person! Give us a call at 703-625-3446 for a private showing, or contact Scott Koval here.

Brexit and US Mortgage Rates

The Effect of Brexit on Mortgage Rates in the United States

JS Realty Interest Rates brexitOn June 24, 2016, England voted to leave the European Union. This historic decision, referred to as “Brexit”, has caused a ripple effect here in the United States. It has driven interest rates down to their lowest mark in three years. Mortgage interest rates will fluctuate most directly due to the cost of mortgage backed securities. When mortgage bond prices go up, interest rate tend to fall and when mortgage bond prices drop, mortgage rates will rise. In addition to this correlation, the overall US economy will also influence mortgage rates.

GJS Realty Opposite directions brexitenerally speaking, when the economic indicators such as the stock market, inflation, and unemployment are positive, mortgage interest rates will rise. When the economic indicators suggest our economy is not prospering, rates will drop.

In December of last year, the Federal Reserve projected that it would raise interest rates up to four times in 2016. On June 15, 2016, Federal Reserve Chairperson, Janet Yellen decided NOT to raise rates. This was due to a very weak employment report in May.

Brexit has caused severe volatility in the global stock markets and has had a negative impact on the stock market here in the United States. No one knows what the long term impact of Brexit will be, but it is safe to say that the immediate impact of England’s decision to leave the European Union has directly led to lower interest rates.brexit

If you are considering buying a home, or if you currently have a mortgage and are considering a refinance, right now is a perfect time to get a mortgage loan evaluation from a licensed mortgage professional.

Not sure where to start? Click here to contact Senior Loan Officer Keith Harris or to get pre-qualified.

Keith Harris at Intercoastal Mortgage Company
NMLS ID # 838973
Company NMLS ID # 56323
(www.nmlsconsumeraccess.org)
Intercoastal Mortgage Company is an Equal Housing Lender.

Gorgeous Aldie Townhome For Sale

Gorgeous 3 level home For Sale in the Braddock Corner community of Aldie, VA

30 miles west of Washington, DC lies Braddock Corner in the town of Aldie, Virginia. Recently completed in 2010, Braddock Corner offers residents 17 acres of open spaces, walking trails, tot lots, gazebo, ponds, picnic areas, and some of the most beautiful mountain views in the area.Aldie Townhome for Sale jsrealty4u

Located at 25532 Oak Medley Terrace, this gorgeous 3 level townhome features 3 bedrooms, 3 full, and 1 half bathrooms.

Main level boasts beautifully maintained cherry hardwood floors throughout. Foyer has a spacious coat closet, crown molding and chandelier.  Spacious, bright Living Room has crown molding and 3 large windows to allow for tons of natural light. The Dining Room features crown molding, shadow boxes, 3 columns, recessed lighting, and a pass-thru to the kitchen.Aldie townhouse for sale jsrealty4u

The large gourmet Kitchen features stainless steel appliances, granite counters and custom cherry cabinets. There is plenty of storage space and a generous island with a cook top and breakfast bar.Aldie Townhome for Sale jsrealty4u

Adorable Breakfast Nook has a designer light fixture and access to the large trex-style deck. Bright Family Room has a gas fireplace with a wood mantle. A powder room has a pedestal sink, recessed lighting & tile floors.Aldie Townhome for Sale jsrealty4u

Spacious Master Bedroom boasts vaulted ceilings, a double door entry, ceiling fan with light. There’s also a huge walk-in closet and a sitting area with a vanity & mirror.Aldie Townhome for Sale jsrealty4u

The large Master Bathroom features a double sink vanity, tile surround 2+person tub, custom tile walk-in shower with built-in seat, recessed & designer lighting, and windows.Aldie Townhome for Sale jsrealty4u

2nd & 3rd Bedrooms both feature vaulted ceilings, large closets and large windows. There is also a shared full bathroom and a hallway closet for additional storage.Aldie Townhome for Sale jsrealty4u

Spacious Recreation Room features a gas fire place with a wood mantle, recessed lighting, closet & access to the backyard. The rec room also has a full bathroom, laundry room with full-size washer & dryer, and access to the large 2-car garage.Aldie Townhome for Sale jsrealty4u

This beautiful townhome in Aldie, VA is available for private showings! Contact Expert Realtor Sarah King Taylor by calling 703-475-1003

Arlington Townhouse For Sale

Townhouse in Arlington For Sale near Ballston-MU Metro Station

Less than half a mile from the Ballston-MU Metro Station in Arlington, this beautiful 4 level townhouse is located at 1117 N Vermont Street #G.jsrealty4u metro wmata arlington

Pride of ownership shows in this 4 bedroom, 3.5 bathroom townhome that’s located on a family friendly street. The home is close to shopping, dining, major roadways, and offers multiple commuter options. A beautiful and extensively landscaped yard has wonderful curb appeal.

Countless upgrades throughout the exterior and interior of the home include:
-New appliances (refrigerator, dishwasher, front loading washer & dryer)
-New garage door and lift system
-New Sliding Glass Doors
-New Stone Patio
-2 New Furnaces and A/C Systems
-New Carpets throughoutjsrealty4u patio arlington for sale

An attached 2-car garage leads into the home and a large rec room/4th bedroom. This room contains built-in shelves, chair rail, pocketdoors, and a gorgeous gas fireplace that can be converted to wood burning! Sliding glass doors lead to a fully fenced, stone patio that is perfect for entertaining.arlington for sale jsrealty4u

Natural light floods the home through the large windows. The living room on the main level features crown molding, chair rail, built-in bookcases, transom windows, and hardwood floors. A gorgeous electric fireplace can be converted to wood burning, and includes a wooden mantle and a marble hearth. The large kitchen showcases granite counters and custom cabinets, along with a center island, breakfast bar, pantry, wine rack, and more!jsrealty4u arlingtonUpstairs, the Master bedroom features vaulted ceilings, a ceiling fan, 2 walk in closets, and new carpeting. An over-sized vanity with 2 sinks and separate shower and soaking tub can be found in the attached Master bathroom. Bedroom #2 is spacious and has 2 walk-in closets and new carpeting. A full bathroom is also attached to this bedroom. In the hallway, a laundry closet boasts a new, top-of-the-line front loadingwashing machine and dryer. A second set of stairs lead up to a 3rd bedroom with a walk in closet, ceiling fan, new carpet, and attached full bathroom.jsrealty4u arlington metro home

For a visual tour of the home, view the slideshow here

You can also download our Vermont Street – Arlington Listing Brochure and the home’s unique Floor Plan.

The best way to see this home is in person! Contact us for private showing or call Sarah Taylor at 703-475-1003 or Scott Koval at 703-625-3446.

Piedmont Home For Sale

4 Bedroom home in Piedmont Gated Golf Community just listed For Sale

jsrealty4u real estate piedmontThis immaculate 4 bedroom, 4.5 bathroom home in the Piedmont Gated Golf Community in Haymarket is located at 5928 Amber Ridge Drive. This home is convenient to shopping, restaurants, and multiple commuter options including I-66 and Rt. 15. Community amenities include a year-round indoor swimming pool and two Olympic-size outdoor pools with bathhouses. There are also tennis courts, a full-service fitness center, a large Community Center with meeting rooms and business center, and the beautiful Piedmont Golf Club.

real estate piedmont for saleHardwood floors can be found throughout the main level and a 2-story foyer features a designer chandelier imported from Venice, Italy! The gorgeous kitchen features granite counters, 42″ cabinets, stainless steel appliances and a center island with a breakfast bar. The living, dining, and family rooms all feature 7-piece crown molding. Large windows fill the house with tons of natural light. A separate laundry room with front-loading, top of the line washer and dryer, cabinets, shelving and utility sink can be found on the main level as well.piedmont for sale

Upstairs, the large Master bedroom features a sitting room with imported chandelier, crown molding, extra large walk-in closet, and plush carpeting. The Master bath includes an over sized vanity with dual sinks, recessed lighting, water closet, and a separate shower and tub. 2 additional bedrooms with large closets and remote-controlled ceiling fans share a Jack-and-Jill style bathroom. The 4th bedroom also includes a remote-controlled ceiling fan and it’s own private bathroom.piedmont for sale real estate

The fully finished walk-out basement includes a spacious rec room with full windows and recessed lighting. A designer bar with a sink and ceramic tile is perfect for entertaining! An amazing theater room is wired for sound and a projector and features recessed lighting and plush carpeting. An additional game room is also wired for sound and a 4th full bathroom features a pedestal sink and combination shower/Jacuzzi tub.piedmont gated community

The expansive backyard is beautifully landscaped and has a large stone patio, stone retaining walls and in-ground sprinkler system.

This home in Piedmont is situated on a peaceful and tranquil lot that backs to trees. Download our Amber Ridge Drive – Piedmont Listing Brochure for additional details. And to schedule a showing of this beautiful home, contact Scott Koval at 703-625-3446.

Documents Needed for a Mortgage

What documents are needed for a mortgage loan approval?

Years ago there was actually a no documents loan process for certain types of loans. Those are not applicable in today’s world of mortgage lending. Today we’re providing you with a list of documents that are needed for final loan approval. Some documents are required whether the loan is for a purchase or a refinance; others are pertinent to a specific type of loan.JS Realty documents sign pen woman

Documents needed for either a purchase or refinance are as follows:

  1. Most recent pay stubs, showing a 30-day period
  2. Past two years W-2 forms and/or 1099’s (if self-employed)
  3. Signed Federal Personal Tax Returns for past two years
  4. Signed Federal Business Tax returns if applicable
  5. Asset statements for a 2 month period, or most recent quarterly statement. This should include any and all of the following and must include ALL pages.
    • Checking
    • Savings
    • Stocks
    • Bonds
    • Mutual funds
    • Money Market
    • 401 K’s
    • IRA’s
  6. If the property is or will be held in a Trust, provide Trust documentation
  7. For Investment properties:
    • Lease agreement for rental properties
    • Mortgage statement
    • Property tax bill
    • Homeowner’s Insurance Policy
    • HOA or Condo fees, if applicable
  8. Hazard Insurance (homeowner’s insurance) Policy
  9. Complete Divorce/Separation Agreement /Property Settlement agreements, if applicable
  10. School Transcripts and Diploma if you are a recent graduate
  11. Contact name and phone number for Verification of Employment

For VA loans, the following is required:

  1. VA Certificate of Eligibility
  2. Original statement of service or DD-214

For Purchases only, we need the following:

  1. Ratified Sales contract
  2. Copy of Earnest Money Deposit AND bank statement showing the check has cleared your account
  3. Name, address and phone number of landlords for past 2 years if currently renting
  4. Sales Contract for existing home if selling and vacating to purchase new home
  5. Settlement Statement from the sale of current residence if vacating to purchase new home

For Refinances only

  1. Copy of most recent mortgage statement
  2. Copy of Owner’s Title Policy or settlement statement indicating that you have owner’s title insurance
  3. Copy of existing Homeowner’s Insurance Policy

Whether you’re purchasing or refinancing a property, you can download a copy of this List of Documents to help aid in your search for a loan. This list will be helpful to both you and your Lender as you work through the processing of your loan.

FREE Money for a Down Payment!

No Money Down Home Loans are Back!

The VHDA just announced that they plan to roll out a program that offers down payment grants for qualified first time buyers on Monday, March 14. That’s basically free money!Virginia Dollar Sign JS Realty

These non-repayable grants are for 3% (Conventional) or 3.5% (FHA) of the purchase price. When combined with a mortgage credit certificate (tax credit) this is a great way to purchase a home with no money down.

This program is designed to help first time home buyers (or buyers that have not owned a home in the past 3 years) realize the American dream of home ownership. Now, there are income and sales price limits, so this is not for everyone. However, this will enable home buyers who need help with the down payment to purchase a home.JS Realty New Home Buyer RulesHere are some of the parameters of this grant that buyers must follow:
-Intend to live in the home
-May not use home for trade or business
-Lot size limited to 2 acres (unless a waiver is obtained, which will allow up to 5 acres)
-Demonstrate creditworthiness
-Demonstrate stable income
-Take and complete VHDA’s Homeownership Education class

You can view the specific income and sales price limits to qualify for this grant here.  The income and sales price limits also vary depending on where in Virginia you live. This creates an opportunity for home ownership where it may not have been possible otherwise.

We want to help you make your dream of home ownership come true!

Take advantage of this amazing program! Contact Scott Koval and Sarah Taylor at the JS Realty Team for a personalized consultation.

Incentives for Van Metre Homes

Current incentives for buying a new Van Metre home in Brambleton

incentivesBuying a new home is exciting! Picking out kitchen cabinets, flooring, and other design options to make the space your own is a lot of fun. It can also often come with a hefty price tag.

Since 1955, Van Metre Homes has matched more than 16,000 Northern Virginia families with their dream home. They not only create custom, quality, luxury homes – they’re affordable, too! And right now, if you take advantage of the incentives they have available, you can build the home of your dreams in Brambleton without breaking the bank.

jsrealty4u van metre homes incentivesCurrent Van Metre Brambleton incentives include:

-Closing cost discounts of up to $10,000 when using Intercoastal Mortgage Company for your loan and Walker Title for settlement

-Receive a $10,000 Design Studio Credit through February 29th!

What this means for you:

-Saving the $10,000 at closing costs could lower mortgage insurance costs, and in turn, lower monthly mortgage payment
jsrealty4u van metre incentives award-The savings could also be used for upgrades or options such as a walk-way, deck, porch or finished basement
-A new home from an award winning builder
-No concerns about maintenance and upgrades
-Location, location, location! Loudoun County is one of the fastest growing and affluent counties in the USA

Interest rates are still hovering around historic lows. While fixed rates seem to be trending up, adjustable rate mortgages with initial fixed periods are still near all-time lows. If you’re ready to move into a new home, Van Metre has several quick delivery options available, and some can still be customized. It’s a great time to lock in low rates on a quick delivery home and take advantage of the current incentives!

JS Realty Calculating Money Finance incentivesWe’d love to help you build the home of your dreams! If you’d like more information about obtaining a loan through Intercoastal Mortgage, contact our preferred Lender, Keith Harris.

Mortgage Loan ABC’s

Understanding the most common types of mortgage loans available today

There are many choices when it comes to the types of mortgage loans you can apply for when buying a home. Each one comes with it’s own set of options, qualifications, and rules. But it’s important to understand the most common types of loans at their most basic level. Especially once your Lender starts talking about rates, points and qualifying ratios! So here are your options. It’s as simple as A, B, C, and F (hey, nothing is perfect).

So, what is a mortgage? By definition, a mortgage is a legal document that promises property to the lender as security for payment of a debt.jsrealty4u mortgage loan propertyA: Adjustable-Rate (ARM)
JS Realty variable mortgage ratesThis is a mortgage in which the interest rate floats up or down according to a specified index. The interest rate is “adjusted” at certain time intervals (such as six months or one year), usually having a “cap rate” or maximum rate of change per adjustment interval (such as 1%, or 4%). Terms such as “one year ARM” generally identify the adjustment interval (interest rate adjusted after one year).

B: Balloon
jsrealty4u mortgage loans balloonThis is a unique type of loan, as it is rather short. You make a monthly payment for 5 – 7 years, based on a term of 30 years. There’s often a low interest rate, and it can be easier to qualify for this versus a traditional 30-year-fixed. A balloon mortgage can be an excellent option for many home buyers. There is, however, a risk to consider. At the end of your 5-7 year loan term you will need to pay off the outstanding balance. This usually requires you to either refinance, sell your home, or convert the balloon mortgage to a traditional mortgage at the current interest rate.

C: Conventional
JS Realty Loan mortgageThese loans are neither insured nor guaranteed by the government. As such, conventional loans represent a greater risk to lenders than government backed loans. Conventional loans can start with as low as 5% down, but if you can put at least  a 20% down payment (80% LTV) you can avoid paying private mortgage insurance.

F: FHA
Federal Housing Administration loans are available to all types of borrowers, not just first-time buyers. You can read more about the differences between a conventional loan and an FHA loan in one of our previous blogs.

JS Realty Lock Interest Rate mortgageF: Fixed Rate
The most common type of home loan is the fixed-rate mortgage. The interest rate remains the same for the life of the loan, so the principal and interest remain the same, too. This is one of the best reasons to buy vs rent, as rents rise over time where as most mortgages stay constant for the life of the loan.

If you’re interested in learning more, or would like to apply for a loan, contact our preferred lender, Keith Harris.

Not So Secret Agents

We Are the Expert Agents You Are Looking For!

The JS Realty Team is committed to being leaders in our industry to ensure all of our real estate clients have a positive experience. We are dedicated to building lifelong relationships, and to helping clients fulfill their dreams through ethical, honest and fair real estate solutions. If you want experience and integrity in your real estate partner, we are the experts you’re looking for.

Using all the resources at their disposal, we set out to accomplish our most recent mission of finding a family a new home in Brambleton. Here’s how the mission went:

Download a FREE Ultimate Guide to: Living in Brambleton by using the code Secret Agent.

If you have a home buying or selling mission for our Team, call the Secret Agent Hotlines!
Agent Sarah Taylor: 703-475-1003
Agent Scott Koval: 703-625-6654