BUYING A HOME IN BRAMBLETON

Buying a home should be an exciting experience! When you finally decided “it’s time”, the JS Realty Team is ready to help guide you every step of the way. We are happy to make a recommendation for financing with one of our trusted lenders. We will put you in touch right away, so you can begin to understand how much you can afford and which financing options are the best for you.

Once you have the financing portion started, and you have determined your JS Realty Couple with Realtorpurchasing power, your designated agent with The JS Realty Team @ Samson Properties will schedule a home tour. Allow approximately 2-3 hours for your tour depending on your home selection. You are welcome to ride along with your agent, or follow along in your own vehicle.

We want to know more about your needs, and we will set aside time to learn more about you and help guide you on what is going to be the best fit for you. Our experience shows us that most buyers will narrow down their selection to 4-5 homes – from which they will choose one. When there are more homes than that on the tour, it probably means the agent didn’t narrow down enough “specifics”, or you are in luck with a massive inventory in your area and price range and are not too “picky”. You can help narrow down time by browsing through the photos and home features in the MLS listing your agent has sent you and eliminating any homes that are not strong candidates for your selection.

Suggestions for a productive home tour:

  • Have all decision makers on the tour
  • Be prepared with things to keep the kids busy on the tour so you can focus on notes and questions
  • Bring a digital camera and take pictures of each home or better yet, capture video. Your smart phone is great for this. Your agent would be happy to follow along and record for you so you can take notes.JS Realty Team Gorgeous Master BD
  • Have a pen/pencil and notepad to make notes. You will forget. It’s important to note LIKES and DISLIKES for each home.  Example: Island in kitchen is amazing. 2nd bedroom room for nursery is a bit small. Love the tub in the master bathroom! Home will need a deck.
  • Upon leaving each home, rank the home on a 1-10 scale on how likely you would be to write a compelling offer.
  • During the hot months, frozen bottles of water are a great idea for the trip. Some homes will not have power or air conditioning. In the cold months, remember your jacket and gloves.
  • Don’t wear shoes that you are worried about scuffing. You will be walking the lots to learn more about the property; keep in mind being able to be comfortable inside the home and out.
  • Be prepared to write an offer. Remember you are looking to buy a home so there is not much sense in touring homes when you are not prepared to buy, as those homes are certain to not be available at a later date.

JS Realty Team Young Family Looking at a Beautiful New Home with a For Sale Real Estate Sign in Front.If we have done our job, as your Brambleton real estate agent, you are prepared, have selected strong candidates, have your financing ready, have a comfortable knowledge of the process and you are ready to buy.

Think you are ready to start the buying process? CONTACT US TODAY. We’d love to help you get started!

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

WHAT IS AN APPRAISAL?

An appraisal is a written estimate of a home’s value. The JS Realty Team at Samson Properties educates both our buyers and sellers on this process.

The appraiser is an independent 3rd party who determines the value of the home in the current market by performing a market analysis. The market analysis will compare the subject property to similar properties in the immediate area while also comparing the condition of said properties. JS Realty Real estate comparisonAppraisers generally use 3 standard approaches to determine the market value of a property: The Cost Approach, The Comparison Approach, and The Income Approach. Combining these 3 approaches enables the appraiser to give their professional opinion on the market of the home.

Once a buyer ratifies a contract on the home of their choice, their lender will order the appraisal. The average cost is typically $400-$600. If you, as a homeowner, are looking to order an appraisal, keep in mind there are various types. Ordering the correct type of appraisal is critical. Don’t hesitate to contact us and we will help you understand the difference to make sure you spend your money wisely.

For more information concerning appraisals or if you or someone you know is interested in buying or selling Real Estate, contact Scott Koval or Sarah King Taylor, co-founders of the JS Realty Team. We take pride in our dedication to our clients and have helped over 700 families and counting in Loudoun, Fairfax, and Prince William counties!

CONTACT US TODAY

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

TRANSPORTATION IN BRAMBLETON

A number of options for transportation can be found in and around Brambleton. From ridesharing to the BRAM Bus, you’re sure to find a solution to fit your needs!

PARK & RIDEJS Realty brambleton park and ride
Brambleton

42790 Creighton Road
(east of Route 659)
Service to DC Schedule

Goose Creek Village
20785 Century Corner Drive
Silver Line Service

RIDESHARING NETWORK
Loudoun County Transit and Commuter Services (part of the Commuter Connections Network) offers a free ridesharing network.  Contact the Office of Transportation Services at 703-771-5665 or send an email to rideshare@loudoun.gov

BRAMBLETON BUS
Brambleton is looking to hire a friendly and experienced bus driver with a VA CDL driver’s License with a Passenger (P) endorsement. This person should be customer service oriented, able to work a flexible schedule with some nights and weekends, and should be able to work independently. Applications and other position related questions can be emailed to Beth.Huck@brambleton.org. Fill out the application here (Requisition #2706).

COMMUTER CONNECTION
JS Realty Metro Reston Station TrainCommuter Connections can provide you with information on all your commute options, so you can make a smart choice about how you travel to work. Commuter Connections also helps employers establish commuting benefits and assistance programs, including telework/telecommute programs, for their employees.

And for individuals who take greener trips and like to be rewarded for it, check out the NuRide website. Sign up (it’s free!) and get rewards when you walk, bike, telecommute and more!

STATE & COUNTY TRANSPORTATION
Construction projects that are being considered or planned in and around the Brambleton area can be found here.

Tired of your commute? Looking for a new community to call home? CONTACT US today for details on the amazing properties we have available in Brambleton!

JS Realty Free Analysis Contact UsThe JS Realty Team – not only serving Brambleton, serving all of Northern Virginia.

BRAMBLETON DAIRY BARN TO UNDERGO RENOVATION

Exciting News! The JS Realty Team was among the first Real Estate teams to be shown the newly approved renovation project site in Brambleton! The old Dairy Barn is about to undergo a major renovation/transformation – it will become the new Performing Arts Center!  Just imagine… musicians and concerts, plays, even large events (weddings!) will be right in our backyard. Here’s a sneak peek:

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

A BUYERS GUIDE TO PURCHASING A HOME – Part 2 of 2

If you missed the first part of our Buyers Guide to Purchasing a Home, you can find it here.

One of the most rewarding experiences is finding the perfect home at the right price for our home buyer. The JS Realty Team strives to find that perfect match. From the initial consultation to celebration/settlement day, we guide our buyers through the entire home buying process.

Congratulations – your offer has been accepted! Here are the next steps that need to take place in order to complete the transaction.

1. Home Inspection – the first step after ratification is to schedule the homeJS Realty Home Inspection inspection. At the same time as the home inspection, we will schedule any other inspections we deem necessary. We will meet our buyer and Inspector at the home for the inspection. After a thorough inspection, the Inspector will provide us with a full report of the good features as well as areas of concern about the home. We will review this report with our buyer and decide which items we will ask the seller to fix. If there are major concerns that make the buyer too uneasy about the home then we will void the contract and search for other homes. If the buyer and seller agree to the home inspection terms, then we will move on to the next step. As long as we are comfortable with the inspections, we will proceed.

Note: At this time the buyer has 2 responsibilities: to secure their loan and to obtain homeowners insurance. We handle all facets of the transaction except for these 2 items.

2. Order an Appraisal – the next major step is for the buyer’s Lender to order the appraisal. If the property appraises at or above sales price then we will release the appraisal contingency.

3. HOA Disclosure Packet – also at this time, the buyer will be receiving the HOA Disclosure packet if the home is located in a community that has a HOA. The buyer will have a certain time period, based on method of delivery, to JS Realty Checkboxread the disclosure packet and by Virginia law if they are not content with the rules and finances of the community, the buyer can void the contract.

4. Schedule Settlement Date/Utility Transfer – now that home inspection, appraisal and HOA disclosure contingencies are released we are moving towards settlement/celebration day. We will coordinate a date/time for settlement, and help our buyer schedule the transfer of utilities to their name as of the settlement day.

5. Final Walk-thru – a walk-thru of the home is performed, at the very least the day before settlement. This is where all repairs from the home inspection will be checked to make sure they were made to our satisfaction. We will also run any and all mechanical items to make sure the home is in the same condition as it was on the day we performed the initial home inspection. If there are any discrepancies we will address them with the seller’s agent and have the issues resolved.

6. Settlement/Celebration Day! When settlement/celebration day arrives, we will accompany our buyer to settlement and make sure all the figures on the HUD-1 are correct and help answer any last minute questions our buyer might have.

The JS Realty Team really cherishes this moment for our buyers. From the initial consultation until we reach settlement day, we will work hard to overcome the many obstacles of buying a home to ensure a smooth transaction for our clients. Our satisfaction comes from seeing our happy buyers and in knowing that we have created a relationship that will last a lifetime. The JS Realty Team is not interested in a single transaction, but in forming a relationship with our clients so they know we will be there to help them with their Real Estate needs now and in the future.

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

BEST HOME DEALS IN BRAMBLETON THIS WEEK

Brambleton is full of amazing homes – check out this week’s Best Deals!

JS Realty Redeemer Terrace Kitchen
42677 Redeemer Terrace

Brambleton’s Lowest Priced Townhome this week!

 

JS Realty Angelique Drive Home
22819 Angelique Dr.

Over 6,000 Sq. feet of home for only $674,900!

 

 

JS Realty Bronstein Lane Home

23102 Bronstein Lane

Brambleton’s Lowest Priced Single Family home.

 

JS Realty Mayflower Terrace Condo

42542 Mayflower Terrace

Brambleton’s Lowest Priced 1BD 1BA Condo.

 

 

JS Realty Settlers Trail
22667 Settlers Trail

Brambleton’s Largest Townhouse style Condo at the lowest price.

 

 

Are you thinking about buying a home in Brambleton? Contact us now – we’re the Brambleton Experts!

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

AN OVERVIEW OF LOUDOUN COUNTY’S 2014 HOUSING MARKET & 2015 TO-DATE

As you may recall, we had a long and cold winter in 2014. shovel snow
It has been said that the weather played a role in our local economy. The year started out strong, but quickly shifted into an unusually slow spring market and then to an even slower summer/fall market. However, when we look at the big picture, it wasn’t all bad.

Here’s the big picture: Market Statistics-LoudounCountyVA-2014

Sales were down -7.89% for the year in Loudoun County, but the good news is that the Average SOLD Price was actually up by +3.5%. And even though the number of homes sold were down, the average days on the market also decreased – from 59 day on the market (DOM – 2013) to 44  days (DOM – 2014). Essentially, houses were sold over 2 weeks quicker!

We are looking forward to a strong and steady 2015, and so far all indications real estate market graph increaseare showing that this year is starting out strong! In January of 2015, closed sales showed a modest increase of +1.8% higher than in January 2014. There were 589 new listings that posted this past January, a +5.4% increase over the number listed in the same month in 2014. The $410,000 median sales price this January was 4% lower than the same month last year, though the $550,000 median sales price for detached homes increased 5.7%. The median list price for new pending sales was $420,000, less than 1% below last January’s $423,982 level for new pending sales.  This reflects a recovery from our slower summer/fall of 2014.

As you can see, all in all, things are looking UP for 2015!

Want to understand more about your neighborhood? Contact us today for detailed information about your neighborhood. We are always happy to provide a FREE HOME ANALYSIS!

 

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

10 THINGS TO DO OVER SPRING BREAK IN LOUDOUN & FAIRFAX COUNTIES

1. Hop over to FAIR OAKS MALL and visit the Easter Bunny!
NEW interactive Bunnyville attraction and photo Hopportunity! Attraction opens March 28 through April 19. Times vary. Visit the Events site for details.

2. Easter Egg Hunt at Lake Fairfax Park Chocolate bunnies
Sunday, March 29th – sessions run 11AM – 3PM
Hunt for eggs filled with treats and treasures on the grounds at Lake Fairfax Park. Pre-paid reservations required.
Register here.

3. Play at the Claude Moore Rec Center
46105 Loudoun Park Ln.
Sterling, VA 20164
Admission includes: access to the fitness center, competitive pool, leisure pool, gymnasium, indoor track, and open time on the rock wall.
One Day Resident Fees:
$3.75 ages 3-17
$5.50 ages 18-54
$3.75 ages 55

4. BOUNCE! At Pump It Up
Pump It Up of Loudoun County
73 Lawson Rd SE
Leesburg, VA 20175-4427
MANIC MONDAY JUMP, 12 – 2PM: Not only will each paid participant receive a playtime-with-kidsfree bag of popcorn after their fun filled 120min of jumping, but they will spin the prize wheel to have an opportunity to bounce for FREE or win special prizes. This is completely MANIC right? 10.00 per child. Please check our online schedule for availability.
2 FOR 1 TUESDAY GLOW JUMP, 12 – 2PM: This jump is a 2 for 1 child price, single jumpers are 11.00, so bring a friend or a sibling and let them bounce for FREE, or share the cost of one bounce and you both bounce for 1/2 price.

5. Movie Maddness! FREE Movie Matinees & Family Game Nights!
Visit the website to search for dates and times – see The Lego Movie, play Minute-to-Win-It, and so much more… for FREE!
Participating Libraries:
Ashburn, Cascades, Gum Spring, Purcellville, Rust, Sterling

6. Spring Break Make & Take – Crafting Fun!arts-and-crafts-table
Tuesday, 3/31, 2 – 4PM at Gum Spring Library
Spring-themed craft (all ages)
Wednesday, 4/1, 2PM at Sterling Library
Bring a shoebox and craft a Peeps diorama (all ages)
Click here for more information.

7. FLY A KITE DAY! Thursday, April 2nd
April is National Kite Month! Celebrate Spring at the Middleburg Community Center by flying a kite. Bring your own kite to fly or create a paper kite there! Please call 540-687-6375 to RSVP by Monday 3/30.

8. Spring Break Camps – Loudoun County Parks, Recs, and Community Services
March 30 – April 3, 7:30AM – 6:00PM each day
Camps offered at:
Bluemont Community Center (Bluemont)
Liberty Elementary (South Riding)
Algonkian Elementary (Sterling)
Register Here

9. Shop at Dulles Town Center (Sterling)
Visit the redesigned Food Court, Check out the New National’s Baseball themed “Kidtopia” Play Area, Regal Cinema 10 – now open! Play at Hadley Park – tucked away between Kent & Champion Drive, off Dulles Center Blvd.

10. “Flights of Fancy” — Stories for Childrenudvar hazy
 
Tuesday, March 31, 11AM and 11:30AM
 Admission: Free, Parking $15
Museum staff will read Man on the Moon by Anastasia Suen

                Afterwards, visitors ages two through eight-years-old will take part in a hands-on activity.

Boeing Aviation Hangar
Udvar-Hazy Center
14390 Air and Space Museum Parkway
Chantilly, Virginia 20151

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

REVIEWING AN OFFER TO PURCHASE YOUR HOME – Part 1 of 2

Great news – you’ve received an offer to purchase your home! …Now what?

In this 2-part series, we’ll walk you through everything to consider when reviewing an offer to purchase your home for a successful and smooth transaction.

Fully understanding all the points of the contract is imperative to negotiating the best possible result for our seller. The JS Realty Team strives to ensure our sellers have the best possible outcome in the many facets of the Real Estate transaction.

Now that you have an offer on your home, you and your agent need to do your due diligence on researching the offer. Whether you receive 1 offer or 5 – the Hands reviewing real estate property documents.contracts need to be carefully reviewed to ensure you know exactly what the potential buyer is proposing. Only after you have reviewed and researched all offers will you be able to proceed to choose the contract that works best for you.

At JS Realty we like to list all the negotiating points of the contract(s):

  • Sales price
  • Seller subsidy
  • Down Payment
  • Loan type
  • Earnest Money deposit
  • Settlement date
  • Title Company
  • Inspections – Termite, Home, Radon, Well and Septic
  • Home Warranty
  • Contingencies – Appraisal, Financing, HOA or Condo
  • Post settlement occupancy

First we will call the buyer’s lender and confirm that the lender has verified the buyer’s credit scores, income, debt to loan ratio, and money needed for down payment and closing costs. You do not want to ratify a contract and take your home out of “active” status, only to find out the buyer does not qualify for the loan.

Next we ask the following key questions about the offer and where the money is coming from:

  • How much did the buyer offer?
  • Are they asking for closing cost assistance?
  • What type of loan (conventional, FHA, VA or other) program?
  • Does the buyer’s down payment match up to the type of loan?
  • How much money did the buyer commit to an escrow account at the time of writing the offer? Note: We like to see a minimum of 1% of the sales price.

After you’ve answered the finance questions, it’s time to talk settlement dates! Make sure (as the seller) the date the buyer has chosen will work for you. Do you have enough time to schedule your move? Does the timing fit your moving plans? Do you need a rent back?  This is when you negotiate the timing of the transaction. Once you ratify the contract, you lose your leverage to negotiate different terms.

Now we will carefully review the conveyance section of the contract, making sure only the items that are supposed to convey are checked.  For example, if you do not want to convey your new front loading washer/dryer, now is the time to make sure the buyer did not ask for it!

Check back next week for Part 2Inspections, Warranties, Contingencies & Post Settlement Occupancy.

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

REVIEWING AN OFFER TO PURCHASE YOUR HOME – Part 2 of 2

Great news – you’ve received an offer to purchase your home! …Now what?

House contractIn this 2-part series, we’re walking you through everything to consider when reviewing an offer to purchase your home for a successful and smooth transaction.  If you missed PART 1, you can find it here.

 

Now that we’ve reviewed the offer, checked out all the loan info and gotten a settlement date, it’s time to discuss Inspections, Warranties, Contingencies, and Post Settlement Occupancy.

Most contracts have the following contingencies:

  • Home Inspection
  • Radon test
  • HOA disclosure
  • Financing & Appraisal

When the JS Realty Team is representing the seller we want to keep the timeline for these contingencies to be as short as possible. The sooner we can close the contingencies, the better chance for a smooth settlement!

So, who is responsible for ordering the pest/termite inspection?
We like our clients to be in control of that process. Termite companies don’t make money on inspections; they make their money treating homes for pests. Therefore, we want to make sure we hire a reputable company.

Ideally, the home inspection and radon test are done within 7 days of ratifying the contract. If there is an issue with the home that the buyer is not comfortable with, we want to know as soon as possible. That way we can solve the problem or release the buyer and get the home back on the market immediately.

If the seller’s home is located in a HOA, then the seller needs to order their resale disclosure packet as soon as contract is ratified. By Virginia law, the buyer has a prescribed time (dictated by how the disclosure packet was delivered) to review the disclosure packet.  If the buyer is not comfortable with the rules or finances of the community, they can void the contract. It is very important to get this contingency released as quickly as you can.

Appraisal – this takes, on average, 2-3 weeks. The lender orders the appraisal soWomen working in the real estate company you need to give them time. Financing is typically 3-4 weeks and it is the weakest of the contingencies. The buyer has control over the home inspection and HOA disclosure contingencies; however they do not have as much control over the appraisal and financing.  That is why we want the Home Inspection completed and HOA documents reviewed as early on in the process as possible.

Another item to consider when ratifying your contract is whether or not you need a Seller Post Occupancy period. This needs to be negotiated at contract time where the seller has the most leverage.

JS Realty also offers a home warranty for our seller’s during the listing period.  If we have agreed to purchase the buyer’s a warranty for their first year, it would be put into place at settlement.

As you can see, staying on top of all the different components of the sales contract is essential to a smooth transaction. Again, the sooner we can close the contingencies, the better chance for a hassle free settlement! The JS Realty Team strives to ensure that our sellers have the best possible outcome in the many facets of the Real Estate transaction.

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