July 20th, 2010:
Surrey Condos Manchester Lakes in Alexandria VA 22310
The Surrey Condominiums at Manchester Lakes in Alexandria VA 22310 offers two different spacious 2-bedroom plans with 2 full baths residences accessible to shops, restaurants and the metro.
The Coventry and the Bedford.
The Coventry and Bedford models showcase a wood-burning fireplace, separate dining areas, kitchen with electric appliances and washer with dryer areas. The master bedroom in each floor consists of a walk in closet and full baths however, the Coventry master bath is slightly larger than the full bath of the Bedford model.
Enclosed patios can be found on the ground floor units, balconies on the 2nd and 3rd floor. While on the 3rd floor, the units have majestic cathedral ceilings.
Each unit at Surrey is assigned 1 parking space. There is ample visitor’s parking at Surrey off of Charles Arrington Drive.
Amenities at Surrey of Manchester Lakes:
- Swimming pool
- Volleyball court
- Tennis courts
- Basketball courts
- Tot lots
- Grill area
- Picnic area
- Community center with kitchen and lounge area
Schools near Surrey Condo’s:
Surrey Condominiums is accessible to I-495 Beltway, I-95 HOV lanes, Fairfax County Parkway and Franconia – Springfield Metro.
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Westover neighborhood in Arlington VA
Made up of more than 200 homes in Arlington VA, Westover caters to a majority of Colonials that were built in the end of the 1930’s to the early 1940’s in 10 to 20 acres of land. Many homes are detached houses while duplexes can be found scattered throughout the village.
In the center of Westover, Westover Park can be found at 1001 N. Kennebec Street. 4.36 acres of Westover Park features:
- Restrooms
- Water Fountains
- Picnic Shelter
- Picnic Tables
- Combination of School-Age Playground
- 2 Baseball Fields
- Basketball Court
- Volleyball Court
- Community Field
- Paved Trail
- Ornamental Garden
Various shops and restaurants grace the area, all located within an arm reach. Local favorites are The Lost Dog, Scoop Beauregard Ice Cream and Coffee and Lebanese Taverna among many other favorites to dine, drink and relax.
Homes for sale in and around Westover Village
Showing properties
1 - 5 of 19.
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(all data current as of
5/22/2012)
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$699,900 : 1616 George Mason Dr N, Arlington4 beds, 3 full, 1 part baths
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$599,900 : 5611 Wilson Blvd, Arlington3 beds, 3 full baths
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$599,900 : 5615 Wilson Blvd, Arlington3 beds, 3 full baths
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$619,000 : 1417 Inglewood St N, Arlington3 beds, 2 full, 1 part baths
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$1,489,900 : 1730 Harrison St N, Arlington5 beds, 4 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Murphy’s Irish Pub for the Irish hearts in Old Town
At King Street in Old Town Alexandria, just a walk from Washington Street / The George Washington Parkway, Murphy’s Grand Irish Pub offers Irish classics and pub fare. All served with reasonable prices and delicious food.
Events never run out at Murphy’s Grand Irish Pub. Various musical entertainments will surely fill an activity calendar.
Old Town and Eamon’s and other places in Alexandria have plenty to warm the Irish heart.
Homes for sale in the King Street Metro
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1 - 5 of 20.
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(all data current as of
5/22/2012)
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$624,900 : 520 John Carlyle St #107, Alexandria1 bed, 1 full, 1 part baths
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$389,900 : 125 Lee N #Dh-407, Alexandria1 bed, 1 full bath
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$420,000 : 309 Holland Ln #232, Alexandria2 beds, 2 full baths
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$525,000 : 520 John Carlyle St #104, Alexandria2 beds, 2 full baths
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$699,000 : 309 Holland Ln #221, Alexandria2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Gunston Hall Plantation in Fairfax County
Located in Fairfax County near Lorton and Mason Neck, Gunston Hall Plantation was the center of a 5,500 acre tobacco and corn plantation. Owned by the author of the Virginia Declaration of Rights, George Mason IV (1725 – 1792), this Georgian style home and garden is now a National Historic Landmark.
It is now owned by the Commonwealth of Virginia and administered by a Board of Regents appointed from the National Society of the Colonial Dames of America.
Gunston Hall is open from 9:30 am to 5:00 pm except holidays such as Thanksgiving, Christmas and New Year’s Day. And special events are showcased throughout the year.
Guided tours are offered of the mansion and the 550 acres of ground. The hiking trails are open till 6:00pm.
Washington Dulles International Airport in VA
Opened in 1962, Washington Dulles International Airport (IAD) can be found in Chantilly VA 26 miles from downtown Washington DC. These 12,000 acres of land has turned developed into a major source for domestic and international air travel with 11 domestic legacy and low fare carriers and 22 international carriers that provide air service globally.
The airport is connected to the region’s highway system by an Authority operated 16 mile Airport Access Highway – Dulles Toll Road exclusively for airport users.
Homes for sale in Chantilly VA
Showing properties
1 - 5 of 146.
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(all data current as of
5/22/2012)
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$799,900 : 43224 Valiant Dr, Chantilly5 beds, 4 full, 1 part baths
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$334,900 : 43708 Scarlet Sq, Chantilly3 beds, 2 full, 2 part baths
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$355,000 : 42798 Cedar Hedge St, Chantilly3 beds, 2 full, 1 part baths
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$595,000 : 43261 Tabor House Ln, Chantilly4 beds, 3 full, 1 part baths
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$650,000 : 13424 Marble Rock Dr, Chantilly4 beds, 4 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Off Leash Dog Park in Reston
Accommodating more than 40 dogs, the dog park of Reston at 11300 Baron Cameron Avenue, also offers a separate area for smaller dogs as well.
The Fairfax County Park Authority always welcomes leashed dogs in parks but at this particular park, well mannered canines can run or play – unleashed! Dog Parks usually have the option of unleashed dogs having their play in fenced areas.
Users of the said off leash dog areas do so at their own risk. Fairfax County and the Fairfax County Park Authority will not be liable for any injury or damage caused by any dog in the off leash area.
Off leash dog areas are open from dawn to dusk unless posted otherwise.
Homes for sale in and around Reston VA
Showing properties
1 - 5 of 141.
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(all data current as of
5/22/2012)
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$149,900 : 11613 Stoneview Sq #71/2b, Reston2 beds, 2 full baths
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$143,000 : 1951 Sagewood Ln #215, Reston2 beds, 2 full baths
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$215,000 : 2049 Royal Fern Ct ##21c, Reston3 beds, 2 full baths
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$519,900 : 2342 Bedfordshire Cir, Reston4 beds, 2 full, 1 part baths
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$185,000 : 12178 Sanibel Ct, Reston3 beds, 1 full, 2 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Did the Housing Credit Attract New Buyers?
At least one noted economist doesn’t believe that the home buyer tax credit brought new buyers into the market.
Milton Ezrati, a senior economist and market strategist at Lord Abbett, argues that the credit only encouraged buyers to rethink their timing.
“People who were looking crowded their purchases into March and April in order to qualify for the credit, driving up home sales by almost 30 percent.” Ezrati writes in the Wall Street Journal. “Then, because so many of those sales would have occurred after April, recorded sales fell suddenly by about 30 percent in May. Housing starts and residential construction put in place followed this same up-and-down pattern.”
Source: The Wall Street Journal, Emily Peck (07/19/2010)
Are banks allowed to profit off of the sale of foreclosed property?
A question that can cause a fiery debate but it only leaves one correct answer.
Once a bank forecloses on a property and was able to sell the property for more than the loan owed, the profit is readily handed over to the defaulted owner. Then again, the certain fees or expenses of the bank would have to be collected as well. So the loan and fees would be collected and remaining amount returned to the owner.
Some would be:
- Late Fees
- Back Payments
- Attorney Fees
- Trustee Fees
- Sign Fees
- Closing Fees
- Newspaper Publication Fees
- Escrow Issues
- Realtor Commissions
- Back and Current Taxes
- Back and Current HOA
- Clean Out and Repair Fees
Therefore to conclude, if the property actually cost more than the loan, owners wouldn’t be allowing banks foreclose on their property. They would be selling it to save their credit.
Banks just don’t profit on foreclosures.
Rentals Are a Booming Business
Web sites like Airbnb.com, HomeAway.com, and Craigslist are enjoying a surge of listings from home owners, many of whom admit they are hoping to avoid foreclosure by renting out their properties.
Airbnb.com – its full name is AirBed & Breakfast – is the newest of these sites. Since its founding in 2007, it has grown to encompass rentals in 5,700 cities in 148 countries. The company charges 10 percent to travelers and 3 percent to the home owner.
HomeAway.com charges home owners $300 annually to list a property. It is adding 15,000 new properties each month.
Craigslist is free of charge.
Source: Bloomberg, Scott Hamilton and Anthony Feld (07/20/2010)







