Oakton Real Estate - For Sale and Rent - December 27, 2010

Oakton Real Estate - For Sale and Rent - as of December 27, 2010.
If you are looking to buy a house or a condo in Treebrooke or surrounding areas, you may find very few properties on the market in the holiday season. These are available today:
condominiums
Four Winds - three 1 BR units - 180k to 211k; 2 BR - 237k
The Oakton - 215k - 1 BR
Treebrooke - 2 BR -259k
Vistas of Vienna - 166k - 1 BR; 220k - 2 BR; 300k - 3 BR
townhouses:
Arrowood - 370k
Cherrywood Square - 350k
Mayfair Manor - 490k
Treebrooke - two properties: 479k & 487k

If you just want to rent in Oakton, in Treebrooke and surrounding subdivision, these properties are available:
Evergreen Square - $2,400/mo - townhouse
Four Winds - 1 BR - $1,500/mo; three 2 BR units - $1,650/mo to $1,800/mo
Vistas of Vienna - 1 BR unit - $1,395/mo; 2 BR unit - $1,500/mo

If you need help, want to look at these or any other properties, email your neighborhood expert at kamaliaemerson@gmail.com or leave a message at 703-937-0328. I will be happy to help you. Kamalia Emerson, RE/MAX Xecutex

Oakton Rental and Sales - December 14, 2010

Oakton Real Estate - For Sale and Rent - as of December 14, 2010.
If you are looking to buy a house or a condo in Treebrooke or surrounding areas, you may find these on the market today:
condominiums
Four Winds - three 1 BR units - from 180k to 211k; 2 BR - 237k
Treebrooke - 2 BR - 259k
The Oakton - 1 BR - 215k
The Vistas - 2 BR - 190k
Vistas of Vienna- 1 BR - 166k; 2 BR unit - 220k; 3 BR - 300k
townhouses
Arrowood - 370k
Cherrywood - 350k
Treebrooke - three properties - 487k; 479k and 490k
single family houses
Bridges of Oakton - $1,695,000
You can search for other listings on northernvirginiahousesforsale.com

If you just want to rent in Oakton, in Treebrooke and surrounding subdivision, these properties are available:
Four Winds - 1 BR - $1,500/mo; three 2 BR units-from %1,650/mo to $1,800/mo
Vistas - 1 BR - $1,395/mo
Evergreen - townhouse - $2,400/mo
Cherrywood Sqaure - townhouse $2,200/mo

If you need help, want to look at these or any other properties, email your neighborhood expert at kamaliaemerson@gmail.com or leave a message at 703-937-0328. I will be happy to help you. Kamalia Emerson, RE/MAX Xecutex

Oakton Real Estate - November 29, 2010

Oakton Real Estate - For Sale and Rent - as of November 29, 2010.
If you are looking to buy a house or a condo in Treebrooke or surrounding areas, you may find these on the market today:
condominiums:
Four Winds: three 1 BR units - 179k to 211k; two 2 BR units - 230k and 237k
The Oakton - two 1 BR units- 199k and 215k; 2 BR - 285k
The Vistas two 2 BR units - 169k and 180k
Treebrooke 2 BR - 265k
Vistas of Vienna - 1 BR - 166k; two 2 BR units - 220k and 300k

townhouses
Cherrywood Square - 390k
Treebrooke - 479k and 487.5k

single family houses
Bridges of Oakton - two houses - $1,695,000 and $1,750,000.

If you just want to rent in Oakton, in Treebrooke and surrounding subdivision, these properties are available:
Four Winds - three 2 BR units: from $1,695/mo to $1,800/mo
The Oakton 2 BR unit - $1,575/mo
The Vistas - 1 BR - $1,100/mo
Arrowood townhouse - $2,000/mo
Cherrywood townhouse - $2,200/mo

If you need help, want to look at these or any other properties, email your neighborhood expert at kamaliaemerson@gmail.com or leave a message at 703-937-0328. I will be happy to help you. Kamalia Emerson, RE/MAX Xecutex

Oakton Real Estate - November 17, 2010

Oakton Real Estate For Sale and Rent - as of November 17, 2010.

If you are looking to buy a house or a condo in Treebrooke or surrounding areas, you may find these on the market today:
condominiums:
Four Winds - four 1 BR units - from 180k to 212k; three 2 BR units - from 230k to 250k
The Oakton - two 1 BR units - 200k and 215k; 2BR unit- 285k
The Vistas - two 2BR units - 169k and 180k
Vistas of VIenna - 1 BR - 166k
townhouses:
Treebrooke - two properties 479k and 487k
Cherrywood Square - 390k
single family houses
Bridges of Oakton- two properties- $1,695,000 and $1,750,000
The Oakton- $1,699,900

If you want to rent in Oakton, in Treebrooke and surrounding subdivision, these properties are available:
Four Winds - from $1,695/mo to $1,800/mo
The Oakton - 2 BR units $1,575/mo
The Vistas - 1BR - $1,100/mo
Treebrooke - 2BR - 1,400/mo
Arrowood - townhouse - $2,000/mo
Cherrywood - townhouse - $2,200/mo

If you need help, want to look at these or any other properties, email your neighborhood expert at kamaliaemerson@gmail.com or leave a message at 703-937-0328. I will be happy to help you. Kamalia Emerson, RE/MAX Xecutex

Oakton Sales and Rentals - October 24, 2010

Oakton Real Estate - For Sale and Rent - as of 24 October, 2010.
If you are looking to buy a house or a condo in Oakton, you may find these in Treebrooke and surrounding areas today:
condominiums:
Four Winds: two 1 BR units - 211k each; four 2 BR units - from 210 k to 250k
The Oakton- two 1 BR 188k and 215 k, 2BR - 285k
Treebrooke - 2BR - 265k
The Vistas - 2BR - 169k
Vistas of Vienna - 2BR - 220k
townhouses:
Cherrywood Square - 390k
Treebrooke - two townhomes: 365k and 485k
single family houses:
Bridges of Oakton - 2 detached houses: $1,750,000 and $1,790,000
The Oakton - $1,700,000

If you just want to rent in Oakton, in Treebrooke and surrounding subdivision, these properties are available today:
Four Winds - three 2BR units - $1,700/mo to $1,800/mo
Arrowood - $2,350/mo
Cherrywood Square - $2,300/mo

If you want to look at these or any other properties, email your neighborhood expert at kamaliaemerson@gmail.com or leave a message at 703-937-0328. I will be happy to help you. Kamalia Emerson, RE/MAX Xecutex

Oakton - Sales and Rentals - October 18, 2010

Oakton - Sales and Rentals - October 18, 2010.
As of today, those who are looking to purchase a property can find these condo units:
Four Winds - three 1 BR units - from 210k to $211,500, four 2BR units- from 237k to 250k
The Oakton - three 1BR units - from 187k to 215k ; 2BR unit - 285k
Treebrooke - 2BR -265k
Vistas of Vienna - 2BR - 220k
The Vistas - 2BR - 169k
Townhouses:
Arrowood - 375k
Cehrrywood - 390k
Treebrooke - 375k and 485k
Detached houses:
Bridges of Oakton - $1,750,000 and $1,790,000

If you are looking to rent in the Oakton elementary or high school area, you may consider:
Four Winds - three 2BR units - from $1,750/mo to $1,800/mo
Arrowood townhouse - $2,350/mo
Cherrywood townhouse -$2,300/mo

If you need help, please leave a message at 703-937-0328 or email me at kamaliaemerson@gmailcom.

Treebrooke Condos and Townhouses

Many neighbors have asked me to provide information about the sales in Treebrooke.

From January 1, 2010 till today this is what has occurred:

2 BR 1 BA - sold for 240k, closing in March 2010 - only in 6 days
2 BR 2 BA - sold for 250k in January in 51 days and 265k in March - 3 days
3 BR 2 BA - 320k in September - in 3 days
3 BR 2 BA- $322,500 - in May 45 days
3BR 2 BA - $328 - in January - 1 day
3 BR 2 BA- listed for $329,500- is under contract

As for the townhouses:

townhouse-condo - sold in August - $329k in 40 days, sold in May - $325k - 18 days
townhouse with a garage - 445k - sold in June - 39 days

Let me know if you need advice regarding your unit, preparation for sale, what needs to be done to get a top dollar. As usual, you can leave me a message at 703-937-0328 or email me at kamaliaemerson@gmail.com

Oakton Real Estate for Sale and Rent - October 11, 2010

Oakton Real Estate for Sale and Rent - October 11, 2010
If you are looking to buy a townhouse or a condo in Treebrooke and surrounding areas, these are offered for sale:
condominiums:
Four Winds: two 1 BR units - $211,500 and $211,900; four 2 BR units - from 210 k to 250k
Treebrooke: 2BR -265 k; 3 BR - 338k
The Oakton: trwo 1 BR units-188j and 215k ; two 2 BR units- 285k and 325k
Vistas: 2BR -169k
Vistas of Vienan - 220k
townhouses:
Arrowood: 375k
Cherrywood: 390k
Treebrooke: 370k and 485k
If you want to buy a single family house in this area, there are two : $1,750,000 and $1,790,000.

For those looking to rent, today you can find these:
Four Winds - 4 2BR units -between $1,750/mo and $1,800/mo
Cherrywood - townhouse $,2300/mo

If you need help or would like to look at these or any other properties, please leave me a message at 703-937-0328 or email me at kamaliaemerson@gmail.com.
Please talk to a loan officer and get preapproved, if you are thinking of purchasing a property. Should you need advice, please call. Kamalia Emerson. RE/MAX Xecutex. 703-281-1000

Oakton - Sales and Rentals as of September 22, 2010

Oakton - Sales and Rentals as of September 22, 2010

If you want to purchase a property in Treebrooke or surrounding areas, these are available :
The Oakton - 1 BR - 188k; 2 BR - 300k and 324k
Four Winds - three 1BR - 197k to 211k; 2 BR unit: 230k
The Vistas - 1 BR units - 2 BR units 170k and 180k
Vistas of Vienna - 1 BR - 150k and 2BR -220k
Treebrooke - 3 BR - 349k
Townhouses for sale:
Arrowood: 375k
Cherrywood Square: 390k
Evergreen Square - 340k
Flint Hill Manor - 390k
Treebrooke: 378,5 and 490 k

Detached houses in Bridges of Oakton - $1,750,000 and $1,790,000

Rentals available as of today:
The Oakton - 1 BR - $1,350/mo
Vistas of Vienna - 2 BR - $1,500/mo
Four Winds: four 2 BR units: $1,6750/mo to $1,800/mo; 1 BR - $1,295/mo
Treebrooke - 2 BR - $1,525/mo
Flint Hill Manor townhouse - $2,000/mo


If you want to look at these or other properties in Oakton, please leave me a message at 703-937-0328 or email me at kamaliaemerson@gmail.com.

Oakton Homes - Sales and Rentals as of September 7, 2010

Oakton Sales and Rentals - September 7, 2010

If you want to purchase a property in Treebrooke or surrounding areas, these are available :
The Oakton - 1 BR - 193k; 2 BR - 300k
Four Winds - three 1BR - 197k to 211k; two 2 BR units: 230k and 300k
The Vistas - two 2 BR units 170k and 180k
Vistas of Vienna - 1 BR - 150k and 2 BR -220k
Treebrooke - 3 BR - 369k
Townhouses for sale:
Cherrywood Square: 410k
Evergreen Square - 340k
Flint Hill Manor - 390k
Treebrooke: 390k and 490 k
Arrowood - 385
Detached houses in Bridges of Oakton - $1,750,000 and $1,790,000

Rentals available as of today:
The Oakton - 1 BR - $1,350/mo
Vistas of Vienna - 2 BR - $1,500/mo
Four Winds: four 2 BR units: $1,750/mo to $1,800/mo
Treebrooke - 2 BR - $1,525/mo
Flint Hill Manor townhouse - $2,000/mo
Cherrywood Square townhouse - $2,350/mo

If you want to look at these or other properties in Oakton, please leave me a message at 703-937-0328 or email me at kamaliaemerson@gmail.com.

Oakton Sales and Rentals - August 24, 2010

Oakton Sales and Rentals as of August 24, 2010.

If you are looking to buy or rent a home in Oakton, these are available properties in subdivisions are around Treebrooke:
Condominiums:
Four Winds at Oakton: 1 BR - 197k; four 2 BR units: 205k to 300k
The Vistas - 2 BR -180k
The Vistas of VIenna - two 1 BR units - 150k and 200k; two 2 BR units - 160k and 220k
The Oakton - 2 BR - 300k
Townhouses:
Arrowood: 2 townhouses - 385k and 405 k
Cherrywood: 410k
Treebrooke: 2 townhouses: 490k and 495k
Evergreen Square: 340k
Flint Hill Manot - 390k
Detached houses:
Bridges of Oakton -$1,750,000 and $1,790,000

For those who are just looking to rent in Treebrooke or surrounding areas, these are available today:
Four Winds - 2 BR - $,1800/mo
Vistas - 1 BR - $1,300/mo
The Oakton 1 BR - $1,350/mo; two 2 BR units - $1,490/mo and $1,500/mo
Treebrooke - 2 BR - $1,595/mo
Treebrooke townhouse - $2,150mo
Flint Hill Manor townhouse -$2,000/mo

If you want to look at any of these or other properties, please call me at 703-937-0328 or email at kamaliaemerson@gmail.com.

Oakton Sales and Rentals - August 6, 2010

Oakton Sales and Rentals as of August 6, 2010

If you are looking to buy a property in Treebrooke or surrounding subdivisions in Oakton, these are on the market as of today:
Condos:
Four Winds : three 1 BR - $197,000 to $211,400; two 2 BR - 205k and 300k
The Vistas: two 2 BR - 190kk each
Vistas of Vienna - three 1 BR 150k to 205k; 2 BR -180k
The Oakton: 1 BR -171k; 2 BR - 300k
Treebrooke: 2 BR -272k
If you prefer to purchase a townhouse:
Arrowood: 418k
Cherrywood Square - 410k
Evergreen Square: two townhouses - 300k and 340k
Flint Hill Manor: 400k
Treebrooke: 490k

Detached houses:
Bridges of Oakton - $1,750,000 and $1,790,000

Some of the above properties are short sales and foreclosures
.
Please get preapproved by a reputable lender before we start looking. If you need help, please email or call me at 703-577-4277.

For people looking to rent in Treebrooke and surrounding areas, these are available:
Four Winds - 1 BR - $1,350
The Oakton - 1 BR- $1,350; three 2 BR - $1,550/mo each
Treebrooke - $1,595/mo- 2 BR
Vistas - two 1 BR units - $1,195 and $1,300/mo; 2 BR - $1,500/mo

Need help? Please leave a message at 703-937-0328

Oakton Sales and Rentals - July 11, 2010

Oakton Sales and Rentals at Treebrooke and surrounding areas- as of today these properties are offered for sale:

Arrowood - two townhouses for 415k and 418k

Four Winds at Oakton condos - two 1BR units - 185k and 211k; one 2Br -205k

The Oakton condos- 1 BR -192,5k; 2 BR -315k

The Vistas condos - two 2 BRv units - 190k and 195k

Treebrooke townhouses - two townhouses 329k and 500k (the former is a condo)
Treebrooke condo - 2 BR - 272k

Vistas of Vienna - two units 2BR -240k and 3BR - 325k

For those looking to rent in Treebrooke and surrounding subdivisions, these are the three properties available as of today:
Four Winds - 2 BR - $2,000/mo
Vistas of VIenna - $ 1,450/mo for 2 BR
Treebrooke townhouse - $2,350/mo

Should you need help, please do not hesitate to call and leave me a message at 703-937-0328.

Oakton, VA - Sales and Rentals as of June 16, 2010

Oakton Sales and Rentals as of June 16, 2010:

There are 4 properties to rent around Treebrooke:
1 BR = $1,350/mo - the Oakton
2 BR in the Oakton - $1,400/mo & $1,650/mo
1 BR in the Vistas - $1,495/mo
No townhouses are offered for rent at this point.

If you are ready to buy, this is what you can find in Treebrooke and surrounding subdivisions:
Arrowood 3-level townhouses - $400k and $418k
Four Winds - two-bedroom - 205k and 1 bedroom for 211,4k;
Vistas - 3 two-bedroom - 195k to 223k
Vistas of Vienna - 1 BR - 2005k
2 BR -240k
two 3 BR units- 315k and 325k
Treebrooke - 2 BR unit - 268k;
townhouse w/out garage- 279k and 389k
townhouse- 500k

Two detached houses are: $1,150,000 and $1,180,000.

Some properties are offered for short sale.
As you can see, there are very few properties to choose from. However, some are really good deals. If you want to look, please get preapproved first, and then call me at 703-577-4277. I wil be happy to help my future neighbors.

Oakton Sales and Rentals as of May 26, 2010

Oakton Sales and Rentals as of May 26, 2010:
There are 5 properties to rent:
1 BR = 1,100
2 BR - 1,400 & $1,500
2 Townhouses - $,1800

If you are ready to buy, this is what you can find in Treebrooke and surrounding subdivisions:
Four Winds - 2 one-bedroom - 184k and 197k; 2 BR - 210k
Vistas - 3 two-bedroom - 214k to 234k
Vistas of Vienna - 1 BR - 205k
2 BR -240k - 270k
3 BR - 325k
Treebrooke - 2 BR unit - 268k;
townhouse - 300k
townhouse- 500k
Arrowood - 3 townhouses - between 400k and 450k

Some properties are offered for short sale.

If you need assistance, please email or call me at 703-577-4277.

Oakton Sales and Rentals - May 6, 2010

Oakton Sales and Rentals as of today:
Four Winds offer 1 BR units for 185k and 196k ; and 2 BR units for: 215k and 249k
The Vistas have 3 two bedroom units - 230k - to 270k and 1 three-bedroom unit for 325k
Treebrooke has a 2 bedroom unit for 268k
Arrowood and Flint Hill Manor have 4 townhousew from 365k to 450k
Treebrooke has a townhouse for 525k

There are also 5 detached houses nearby: 3 older houses for 525k -575k; and 2 newer: $1,150,000 and $1,850,000.

If you are looking to rent around Treebrooke area, you can find 1 BR unit for $1,175/mo; 2 two-bedroom units -for $1,495/mo and $1.895/mo; and a townhouse for $1,895/mo.
Need help? Call me at 703-577-4277,

Sales and Rentals in Oakton - Treebroke and adjoining subdivisions

Sales and Rentals in Oakton - as of today:

These are available for sale:
The Vistas: 3 two bedroom units: 238k; 240k and 270k; 1 three-bedroom unit - 325k
Four WInds:4 one-bedroom units from $165k to $212k; 2 two-bedroom units: $215k, and $235k;
Arrowood: two 3-level townhouses - $400k and $460k
Treebrooke: 2 bedroom unit - 268k; 3 bedroom -330k; 2 townhouses for 500k and 525k (the first one is with a garage)
Flint Hill Manor - townhouse for 380k
The Oakton - 1 bedroom unit - 210k
Detached - 3 properties - from $550,000 to $1,850,000.

For those looking for rentals in this area, there are several:
1 bedroom units - from $1,175 to $1,300/mo;
2 bedroom unit - $1,400/mo;
a detached house (2 level 3 bedroom) - $1,550/mo.

If you need help, please call 703-577-4277.

Treebrooke Oakton - Update April 7

Treebrooke Oakton - as of today:

For those looking to buy a property in Oakton, Treebrooke and the surrounding neighborhoods have these for sale:
Arrowood - townhouse 405k
Cherrywood Square townhouses - 367k and 434k
Four Winds: 4 one and two-bedroom units: from 180k to 235k
The Oakton has two 1 BR units: 215k and 240k
Treebrooke condos have 2 units: 268 and 340k; townhouses - 500k and 525k; condo-townhouse for 290k.
The Vistas of Vienna have two units (1 BR and 2 BR) - for 240k and 270k

There are also 3 detached houses: 460k; 1,250k and 1,850k

If you want to rent in Oakton, these are offered in this area:
Four Winds - $1,400 - $1,500/mo for 1 and 2 BR units
The VIstas - $1,175/mo for 1 BR unit

Need help? Call me - I am your neighborhood expert - 703-577-4277

Sales and Rentals in Oakton

Sales and Rentals in Oakton - in Treebrooke and surrounding neighborhoods: almost of the properties I am listing appeared on the market within the last week or so. There are many buyers looking to buy real estate in Oakton high school area, and Treebrooke offers good proximity to metrobus, schools and wonderful playgrounds.

Arrowood townhouse - $405,000;
Treebrooke condo townhouses - 359k annd 385k
Treebrooke townhouse fee simple - 500k with 1 car garage
Bridges Of Oakton - detached house built in 2002 - 1.85 mln
Grays Oakton detached - $460,000
Cherrywood Square townhouse - $434,500
Four Winds At Oakton condominium - two 1 BR units- $182,000 and $ 212,900; 2 BR - $235,400; $220,000;
The Oakton condo - 1 BR 239k and 215k
The Vistas - 2 BR - 240k
Treebrooke condo 3 BR -339k

If you need help buying or renting in Oakton, please call me. I am your neighborhood expert. 703-577-4277

Sales and Rentals in Oakton - March 18

Sales and Rentals as of today in Oakton:
Treebrooke : 3 BR 2 BA for 339k condo unit just came to the market
The Vistas have one 1 BR and one 2 BR units - for 135k and 240k respectively
The Oakton has several 1 and 2 BR units for sale - between 195k and 314k.
Four Winds - 1Br and 2 BR - between 170k and 235k.
Some of these are short sales. According to some lenders, the process of shortsaling shall take no more than 3 months as long as the agent knows it well.

For those looking to rent in Treebrooke or around it, here is a link which may be of help:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1635547XRB56&p=DE-104808146

Need help in purchasing or renting real estate in Treebrooke or elsewhere in Oakton, Vienna, Fairfax and other locations? Call your neighborhood expert 703-577-4277.

Sales and Rentals in Oakton

Sales and Rentals in Oakton -
I added two subdivisions to the search (frankly, because there are very few -if any- in Treebrooke). One is the Oakton and the other Four Winds.
There are 3 units for sale in Four Winds: 1 one-bedroom for 170k and 2 two-bedrooms 1 bath units: 220k and 234.5. The Oakton has 2 one- bedroom units: for 215k and 239k. (The ones in the Oakton also have a den). Both are very convenient locations and close to the metro bus stop.
None of the ones I mentioned are offered for shortsale, although I do expect quite a few in a couple of weeks.
For those looking to rent: there is a townhouse in Arrowood for under $,1800/mo and several units in the Four Winds (from $1,250/mo to $1,450/mo and 1 ($1,250) in the Oakton.

Should you have any questions, as usual give me a call or email me. I will be happy to help.

Sales and Rentals At Treebrooke area - February 28, 2010

Sales and Rentals at Treebrooke and surrounding subdivisions have been slow. As of today, there are 4 properties for sale: 3 townhouses : 1 in Treebrooke and 2 in Arrowood; and 1 condo unit in Treebrooke. The townhouses have been on the market for quite some time: 131 days in average. As for the condo unit, it just came to the market. It is a 2 BR 1 BA unit for 250k.

For those who are planning to buy, you should get prepapproved by a lender so that if a property you like comes to the market, you can act quickly. For clarification purposes, even if you are not the first-time buyer, if you can only enter in to a purchase contract before April 30, 2010, you can still qualify for $6,500 tax credit provided: you have lived in your current home for five consecutive years within the last eight.

Regarding rentals, there are no units for rent in Treebrooke. However, those who want to live nearby, there are 4 units for rent in Four Winds: from $1,100/mo to $1,500/mo.

Treebrooke Update February 12

We survived the snow storms. Our area looks gorgeous. Some people did a wonderful job cleaning the walking paths so that others could enjoy the days they could not drive.
The market is dormant. However there are still some properties that can be purchased:
2 townhouses in Arrowood - for 405k and 419k
1 townhouse with a garage in Treebrooke - for 525k.
There are two properties under contract : a townhouse and a condo unit in Treebrooke.
Two have been sold since Jan 1 - a townhouse and a condo unit. (The latter was in Treebrooke, offered for 329,5k and sold on the first day!)
You have to be careful not to underprice your property. Do not forget that Oakton is still a very desirable location, especially our area of Treebrooke with its proximity to the metro, metro bus, major roads, wonderful schools and shopping.
Info for renters: there are no properties on the rental market in our area as of today. Sorry!
Need help? Call or email me.

Update as of January 21, 2010

Real Estate Market is dormant. There are only two active listings for sale in our area, and both have been on the market for more than 90 days. One townhouse in Arrowood for $419 and the other one in Treebrooke for $525.
3 properties are under contract - with an average number of days on the market - 32.
One property has been sold since Jan 1. It is a 3 bedroom 2 FB condo in Treebrooke for $328k. The property was on the market for 1 day and was sold for cash.

It is interesting to note that there is only one property for rent - in Arrowood for $1,800.

If you are thinking of buying, you should take advantage of the low interest rate and extended tax credit. If you are under water, call me and I will give you directions as to how to short sale your property.
Good luck!

Tax Credit - Are you Eligible?

Tax Credit Eligibility is an important issue that one should be clear about before they start their search for a property. Many clients are in a rush to buy hoping that they may use 8k for closing costs. But are you really going to get $8,000 if you buy before April 30, 2010?

First of all, are you “First-time home buyers”? If you (or your spouse) have not owned a residence during the three years prior to the purchase - yes.

The second category eligible for a tax credit is current homeowners purchasing a home as long as the home being sold was their principal residence (not just a property they owned!) for five consecutive years within the last eight. And the home you are buying does not have to be more expensive than the house you have been living in.

One important aspect is that the existing home does not need to be sold, but you must occupy the new home as a principal residence. Remember, if you do occupy it for less than 3 years, the credit will be taken back.

And lastly, are you really going to get $8k? Well, yes, if you are first-time buyers in our area because 8k is less than 10% of the sales price of any real estate you will want to buy. However, if you are already a homeowner, it is going to be just $6,500. But again, to be eligible for any tax credit if you are single your income should not be more than $125k and for married couples - no more than $225,000.

Here is a link to see what townhouses and condos are available for sale or rent in Treebrooke and surrounding subdivisions in Oakton today: http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1635547XRB56&p=DE-98479725-83

Call me if you have any questions.