LIVING IN LOUDOUN COUNTY

Loudoun, Loudoun, Loudoun… everyone keeps talking about living in Loudoun County, Virginia. What’s the big deal?

The deal is that this county keeps hitting the news for being one of the top counties in the country to live in. Recently named one of the “Happiest” Counties to live in across the United States, let’s take a minute and really look at what is so special about living in Loudoun County, Virginia.JS Realty LoCo Flag2

WORK
The unemployment rate is very low – about 3.7%, whereas our national average is 5.3%. This tells us jobs are plentiful and most are employed as needed.

map jsrealty4uLOCATION
Loudoun is located about 30 miles from Washington, DC (our nation’s capital). DC is best known for its museums, memorials, and government headquarters and is probably one of the most educational vacation destinations in the US. But it is also a fun city to explore with a wide variety of entertainment, outdoor recreation, great restaurants and plenty of places to relax and people watch.

SPORTSHockey Soccer Baseball Basketball Footaball
Did you know that the Washington Redskins training facility is located in Loudoun? Living here, you may even sit next to a Redskin while out to dinner with your family. One of our favorite things about being close to DC is that within a short drive or ride on the Metro, you can watch a Washington Nationals, Capitals, Wizards, or a DC United game!

LIVE MUSICJS Realty Lunasa Live
In addition to seeing some of the best musicians in the world at the Verizon Center and Nationals Park in DC, there are dozens of live music venues around DC, MD, and VA – all within a short drive of Loudoun!

EXPERIENCESwinery JSRealty4U
Loudoun County is perfect for the multi-generational, multi-cultural families and singles, making it a great home for everyone. From the rural country and mountainous communities to the Potomac River and Goose Creek suburbia, this County offers a multitude of living experiences. Loudoun offers Horse Country, Wine Country (featuring over 44 wineries and distilleries!), micro breweries, golfing, museums, premium outlets, amazing restaurants… we could go on!

SCHOOLSJS Realty Children in elementary school are raised hand in classroom
The Happiest County in America is also known for its education – from public to private, they offer great educational opportunities. There are a total of 8 colleges located in Loudoun County, one of them being George Washington University‘s Virginia Campus. Families rave about the modernization of the public school system and cannot say enough great things about the education their children are getting. The public school system also offers expanded educational pathways, such as career & technical training, the Monroe STEM Academy, and the Academy of Science, to name a few. Interested in a private, modern, state-of-the-art early education program? Check out one of Loudoun’s finest, Bean Tree Learning Center.

FOODThe V Brewhouse Eatery JS Realty
If you’re a foodie, you won’t have to go far to find a great meal! Whether you are looking for the Best BBQ, Maryland Blue Crabs, or a fantastic fine dining experience, it’s just around the corner here in Loudoun! And if it’s not, you can easily find a place to satisfy your taste buds within several miles that will be worth the drive! Some of our favorites include The Restaurant at Patowmack Farm, Market Table Bistro, Tuskies, Mokomandy, & Melt Gourmet Cheeseburgers. You can literally take your taste buds for an amazing tour around the County!

JS Realty Golf Creighton Hole
Golf Course at Creighton Farms

From beautifully landscape neighborhoods to gorgeous farmland filled with all types of livestock, and fresh, locally grown produce – it’s easy to see why Loudoun is THE County to live in.va lovers sign js realty

As the saying goes, “Virginia is for LOVERS”. And we LOVE living in Loudoun County!  We think you will love it too! Contact us today for a tour of homes in Loudoun and let us show you all we have to offer.

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

DO I SELL OR RENT MY HOUSE?

A few weeks back we gave you some info on how to decide whether it made more sense for you to Rent or Buy a home. Today we’re going to discuss renting out your home versus selling it. There are many factors to consider before making that decision. Here are just some of the questions you must answer to make an informed decision:

JS Realty Rent Question

Monetarily, how would renting affect your bottom line?
How does the rental market compare to the sale market in your neighborhood?
How emotionally attached to your home are you?
How permanent is your reason for moving – are you moving out of the area for good or do you want a new/different home?
What condition is your home in, has it been updated?

ALL ABOUT THE MONEY
If you need the proceeds from the sale of your home to purchase another home then obviously renting is definitely not an option. If you can cover the costs of owning your home by the rental income your home will bring, then you might be a candidate for renting your home. Remember: your costs not only include your mortgage and any HOA/Condo fees, but the upkeep and maintenance. If you can make a positive cash flow plus receive the tax benefits, then renting might be an option.JS Realty Refinance Monney Calculator Bills

Another financial part of the equation is how your homes market will look 5-10 years from now. Although no one has a crystal ball to know exactly how the Real Estate market is going to react, determining what the market is likely to do will help in your decision. If your homes market is on the rise, then you could possibly benefit from having tenants that pay for the cost of keeping the home, and you’ll also be making money on the equity that’s being built!JS Realty Graph Real Estate

WHY ARE YOU MOVING?
The reason for your move also needs to be examined. If you are leaving the area and do not plan on returning, then renting and managing your rental home becomes JS Realty Prop Management Rentmore difficult. If this is the case, but you definitely want to rent, you should consider using the experience of the Property Management Team at the JS Realty Team. Our Property Management Team will make the managing of your home as stress-free as possible. And if you do plan on returning to the area after a couple of years away, then you need to determine if you are going to want to move back into the same home, or find a new one.

ARE YOU ATTACHED TO YOUR HOME?
JS Realty Rent Sell Landscape Home
This is another major factor to consider. How tolerant will you be of strangers living in your home? For example, if having your prized landscaping not kept up to your standards would make you upset, you may want to reconsider if renting is right for you. No matter how well you screen your potential tenants, there is still the potential that they will not treat your home like you do. The JS Realty Team performs our due diligence when screening potential tenants and we have had tenants that have left our clients homes in better condition than when they first moved in. On the flip side, we’ve also had tenants that did not fare as well as we would like. You are always taking a chance when you let strangers live in your home.

IS YOUR HOME UPDATED?
JS Realty Rent Sell Renovate Update
Tenants tend to be less fixated on items such as fixtures, appliances, and such because they are renting and only going to be there on a short term basis. Buyers are going to be more selective when choosing a home, and may rule out one that has not been updated. If you need to invest time and money to update your home for the sale market, this also needs to be entered into your decision making process.

There are many factors that go into deciding whether to rent out or sell your home. Trust the experience our JS Realty Team members have to go over your personal situation and discover what the best options are for you. Contact us today to get started!

JS Realty Free Analysis Contact UsThe 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.