06/27/2009

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Neighborhood Spotlight: Woodlea Manor Neighborhood Spotlight: Woodlea Manor Woodlea Manor is an all single-family neighborhood that was built before builders rushed to throw houses together. The first thing you will notice when you enter the neighborhood is the distinctive cedar roof’s that cover the majority of the houses. This gives the neighborhood of 467 homes a unique charm and sophistication that’s not always found in some of the newer mega neighborhoods. Most of the homes are settled on at least 1/3 of an acre with many houses on much larger lots. The neighborhood is an all single-family home neighborhood with mid sized single-family houses as well as larger estate sized houses in the Hill’s of Woodlea Manor (same neighborhood). The community has an active HOA with lots of community events such as the garden club, swim team, poker night and bunko for the ladies. Amenities include pool, tennis courts, clubhouse, walking trails, tot lots and lots of open space! Currently Woodlea Manor feeds to the following Leesburg schools (please double check with the school this might change!); Evergreen Meadows Elementary, JL Simpson Middle school and Loudoun County High school. Woodlea Manor is truly a jewel in the Leesburg area and worthy of serious considering if you are looking to upgrade. If you do decide to check this neighborhood out here are few tips you should consider before you run out and buy. 1. Those beautiful cedar roofs I mentioned at the start of this blog, well, they are to say the least very expensive to replace! When conducting a home inspection hire a roofing expert (home inspectors are not recommended for inspection of the roof!). 2. These are some of the older homes in the area (some were built in 1989). This means that you need to take extra care of these houses. Unlike...
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Certified Distressed Property Expert --- CDPE Part 4 Certified Distressed Property Expert Part 4 Well, I just finished up the CDPE course today and sent in my final exam. I have to say I’ve learned more about how Short Sales are processed in the last few weeks then I learned over the past couple of years. Not also do I now understand exactly what lenders are looking for when processing Short Sales, but I also have a network of 8,000 other Short Sale expert Realtors who are sharing there experience through the CDPE blog. The bottom-line is that if you are struggling with a mortgage that you can't afford or you are totally upside down on your home there is hope. Over the last 8 years Ashburn, Brambleton, Leesburg and Purcellville areas have exploded in growth and price! The last economic conference I attended which was given by Dr.Fuller stated that the Loudoun and Fairfax areas are at April 2004 home prices. That’s a lot of upside down homeowners! There is a silver lining in this housing mess and its doesn’t have to mean the destruction of your credit. Before you give up and let the bank foreclose on you contact me or another CDPE Realtor and let us walk you through your options. Here are some myths about Short Sales that CDPE has debunked for me! Myth No. 1: Short sales are impossible and never get approved. Myth No. 2: Banks aren't accepting short sales but instead waiting for a bailout. Myth No. 3: Homeowners must be behind on their mortgage in order to negotiate a short sale. Myth No. 4: Homebuyers aren't interested in short sales. Myth No. 5: Homeowners don't want to list their homes as short sales because of embarrassment. Myth No. 6: Banks would rather foreclose than handle a short sale. Myth No....