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Archive for the ‘Real Estate News’ Category

How appropriate for this Real Estate Market…..  Brian Buffini helps me to make lemonade out of lemons.  My clients have been the greatest this year and not only helped me with my success, but referred  others to me so they could take advantage of selling and buying homes when so many people are full of fear.  Winning is when confidence outshines fear and negativity.

Thank you for helping make this a great year. Yes, several hurdles with appraisal  issues, lending got tighter, inventory was less ( a good thing), and sometimes multiple offers made, but all in all, we all made it happen to our benefit.

If you can keep your head when all about you
Are losing theirs and blaming it on you;
If you can trust yourself when all men doubt you,
But make allowance for their doubting too:
If you can wait and not be tired by waiting,
Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
And yet don’t look too good, nor talk too wise;

If you can dream—and not make dreams your master;
If you can think—and not make thoughts your aim,
If you can meet with Triumph and Disaster
And treat those two imposters just the same:
If you can bear to hear the truth you’ve spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
And stoop and build ’em up with worn-out tools;

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss:
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: “Hold on!”

If you can talk with crowds and keep your virtue,
Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much:
If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it,
And—which is more—you’ll be a Man, my son!

– Rudyard Kipling

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I thought this was worth passing to your since kitchens are usually the places which help to sell a home.

Kitchen Remodeling Trends

by Phoebe Chongchua

If you’re shopping for a new home, chances are, whether you cook or not, the kitchen is an area of great interest. The bathroom is also likely high on the list to inspect. That’s because we spend a lot of time in both of these rooms, socializing and taking care of the, ahem, important stuff.

These two areas of homes are so vital that there’s even an association to educate, certify industry professionals, and promote ideas for these rooms. The National Kitchen and Bath Association (NKBA), founded in 1963 as The American Institute of Kitchen Dealers, has nearly 40,000 members. Earlier this year it released its top trends for kitchens and bathrooms for 2010.

Finding what you like in a home is most important but if you’re considering a resale in the future, understanding what appeals to the masses can help. Here, then, is a look at some of the top trends from NKBA.

Concealed Kitchens. This doesn’t mean that you walk into a home and can’t find the kitchen. Instead, the kitchen area blends with other areas of the home. Formal dining spaces often aren’t used much. But when a home has a kitchen that opens to a great room, it allows far more flexibility for people’s lives. What may be concealed are items such as commonly used appliances. Ultimately, the harmonious blending of color, design, and functionality make kitchens aesthetically pleasing and useful. NKBA writes in a press release that, “Clean structural lines coupled with sleek color palettes enable the space to establish a distinctive identity, without overpowering the surrounding rooms.”

Thirst-Quenching Stations. NKBA writes that beverage stations, complete with under-counter refrigerators that hold beverages and wine, are a new element in many kitchens. Exemplifying our attachment to our morning ritual, many of these beverage stations include a coffee station (“simple single-pot coffeemakers to larger units capable of espresso, latte, and cappuccino”), states NKBA. The design typically includes space for stemware, beverage mugs and glasses, and condiments. This setup allows people to gather to quench their thirst while being out of the way of the chefs.

Rounding Out the Edges. Think soft geometry. Countertops, islands, archways, and even light fixtures, are being designed with soft, round edges. According to NKBA, “The introduction of rounded islands and countertops carves a smooth-flowing traffic pattern throughout the room, while an appropriately placed arch will bring an overall softening to the more angular fixed features that are typical in kitchens and baths.”

Varied Heights. No more monotony. Kitchen countertops, islands, and even walls are being designed for specific purposes and that means their heights are varied. The various heights create “a beautiful counterbalance.”

Asian influence. There has long been a fascination with Asian countries and now it seems that the impact of Japanese design is showing up in subtle ways such as “clean lines, open spaces, and neutral color palettes with bold splashes of color in select areas,” according to NKBA. The association says oftentimes there will be “one strong anchor piece of Japanese origin” that designs are built around.

Whether you’re shopping for a new home or thinking of remodeling your current home, remember that trends do change. However, those that tend to stick are the ones that combine pleasing looks with highly functional features.

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Loudoun County is known for its beauty!  Rolling hills and scenic vistas are everywhere.  What is difficult to find is a property surround by trees, private and serene, yet an easy access to all the surrounding areas.

Located within 2 miles of Purcellville and near Route 7, this home is located at

16205 Mountain Ridge Lane, Purcellville, Virginia 20132 

Take a Virtual Tour 

Search for homes and get accurate information with your own Listingbook account.  Make sure you click on the icon!!

Please give me a call or email me.  I will be happy to answer any questions or help you find “Your Special Spot!”

Tanya.Spotts@LNF.com

703.618.1218 begin_of_the_skype_highlighting              703.618.1218

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Limestone Overlay Restrictions- Affects on Your Property and Home Values!

Limestone Overlay District,  What Does that means to Loudoun Homeowners?

 

•1.    Expensive geological studies before homeowners can construct barns, swimming pools, and additions on property.

•2.    Limitation on 14,000 acres north of Leesburg imposing restrictive regulations.

•3.    Financial burden on 1,200 to existing property owners

•4.    Restriction of growth and adverse affects of sale of existing and future homes

 

What is the Limestone Overlay District and who will be affected?  This Map shows you the area most affected by this proposed regulation.

How serious is this? Did you know that not only is Leesburg built on top of limestone, but so is the new high school, Tuscarora High School off of Route 15.

Dulles Area Association of Realtors is calling you to action.  Send this letter, if you live in Loudoun.

From DAAR website:

“On Wednesday, February 17th, the Loudoun County Board of Supervisors (LCBOS) will vote on adopting a Limestone Overlay District (LOD) intended to alter the way property owners use their land on over 14,000 areas north and south of Leesburg. The proposed regulations prohibit “land disturbing activities” and require property owners to conduct expensive geological studies before constructing barns, additions, swimming pools or large gardens. DAAR members and citizens are encouraged to participate in the call-to-action on this issue by writing the LCBOS and speaking at the public input session on Tuesday, February 16th, 7:00 pm at the Loudoun County Government Center. For more information and to participate in a the DAAR call-to-action on this issue, visit this site.

 

What’s at Stake? To address a perceived problem concerning development on limestone geology, the Loudoun County Board of Supervisors(LCBOS) is once again considering adoption of a Limestone Overlay District (LOD).  The real intent of the ordinance is to limit development on 14,000 areas north of Leesburg and impose overly restrictive regulations and financial burdens on 1,200 existing property owners. 
 
In addition to limiting growth in the area, the proposal restricts what homeowners can do with their property, imposes unnecessary financial burdens for basic home improvements and adversely affects the future sale of existing homes.
 
Specifically, the proposal prohibits land disturbing activities and requires property owners to conduct expensive geological studies before constructing barns, building additions and swimming pools. 
 
The proposal also requires a warning-style notice on every property’s deed, subdivision and tax record alerting prospective buyers that the house is subject to environmentally sensitive features due to the nature of underlying geology.”

Tanya Spotts     

Director’s and President’s Club  2006-2008
This Spot’s For You!  ( http://ThisSpotsForYou.com )

 Long & Foster Realtors
508 E. Market St., Leesburg, VA 20176 

 Cell Phone: 703-618-1218

 Office Tel: 703-777-2900

 Office Fax: 703-777-5627

Email: Tanya.Spotts@longandfoster.com

L&F Office Green Ambassador 

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This is one of the greatest times in history to buy a home…

Good Inventory, and up to $8,000 first-time buyer’s tax incentives.  First-time buyer’s tax incentive questions, email me.

Pitfall #1  Check you Credit Score and make sure all information is correct.  Find out more informationon  how to improve your credit score. Your credit score is one of the most important factors used to decide whether you will qualify for a major loan.  Check your credit for free at all three repositories.

Pitfall #2  Failing to work with an Accredited Buyer’s Agent, a professional Realtor with the designation ABR.  Buyers who are not represented by his/her own agent is like a defendant tries to represent himself in court. Would you ever consider defending yourself on trial?  Home buying is one of the most important financial decisions you ever make.  You need a great team, a great agent, great lender, home inspector, settlement attorney, etc.

Pitfall#3 Choose a the best mortgage which meets your individual financial requirements. Look at interest rates,discount points, and terms.

Pitfall #4  Choose a good lender and get a Pre-approval letter before you begin.                                                        Many folks want to go home shopping the same way they go grocery and clothes shopping.  They start by looking before they know how much they can afford.  It is imperative to get a pre-approval letter, know your limits and begin by looking at home in the correct price range which meet your requirements.  many buyers do not think through the process and begin by either looking at homes which are far beyond what they can  afford; they think that in a Buyer’s Market, they can make a “low-ball” offer and get the seller to agree.  Even in a Buyer’s Market, the seller’s agent will have given the owners a pretty good look at what has recently sold The CMA (Comparative Market Analysis) is usually the best means to determine Market Value .

Pitfall #5  Check out the Home, ALL aspects of the home.  Remember you are not simply buying a structure, you are buying a neighborhood, school system, and location.  Think about whether or not you enjoy a sun-filled kitchen in the morning, or one that has a view with afternoon sun.  We built our present home to have our Master bedroom in the back, facing trees, not the street.  After all, our teenagers can sleep through anything, we can’t!  Barking dogs, neighborhood lawns, etc all need to be check out.  Take different routes and side streets, and visit on the weekends to see how it looks when everyone is home or on weekdays when the traffic can be intolerable.

Pitfall#6  GET A HOME INSPECTIONand do a final walk-through.  Ask questions and make sure you understand what repairs if necessary are covered in the contract, what items are negotiable.  Are doorbells required to be working, Dampers in fireplaces, missing window screens, fog in double-pained windows- know what is covered as a condition of the contract.

Pitfall#7 Closing Documents. Review the HUD and compare it to your Good Faith Estimate.  You are responsible for placing your name on the dotted line.  Make sure you understand what you are signing.

 Ask questions, get a good buyer’s agent, and prepare yourself with knowledge.  It is a great time to buy.

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