Alexandria VA Condos - Browse All Active Condo Listings in Alexandria Now!

Interested in buying a condo in Alexandria?  Currently, there are 356 active condo listings in Alexandria VA.  These listings range from an efficiency condo unit priced at $69,900 to a luxurious 5 bedroom, 5 bath condominium priced at $3,175,000.  This impressive home-style condominium also features a 5-car garage and is conveniently located in one of Old Town's finest communities. 

If you are interested in buying a condo in Alexandria, now is the time.  Interest rates remain at record lows and home prices in many Alexandria communities are now on the rise making it the perfect time to purchase your new home!  To preview a complete list of condos currently available in Alexandria, simply click the link to browse Alexandria condos now.  If preferred, you may also follow the links below to browse all Alexandria condo listings by price.

Alexandria condos priced under $100,000

Alexandria condos $100,000 - $300,000

Alexandria condos $300,000 - $500,000

Alexandria condos $500,000 - $700,000

Alexandria condos $700,000 - $900,000

Alexandria condos $900,000 - $1M

Alexandria condos $1M and above

If you have questions regarding the listings or would like to schedule a showing, please contact me for assistance.  For additional information on Alexandria real estate, feel free to call 703-298-6546 or email me for more information.

If you are interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia and Maryland, please contact me for assistance.  My specializations include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, relocation, and divorce.   

Lisa Dunham, MBA, CDPE, ABR, ePRO 
Allison James Estates & Homes 
703-298-6546 (Mobile) 
Lisa@LisaDunham.com
www.LisaDunham.com

            

How Important is Your Credit Score When Purchasing a Home?

Maintaining a favorable credit rating is extremely important!  If you are considering purchasing a home in the near or distant future, your credit score can be your best friend or worst enemy.  Let me to show you how.

Home buyers who maintain an average credit score above 700 will pay far less to purchase a home than those whose credit scores fall below 700.  In fact, a home buyer whose credit score falls below 700 will likely pay two to four percentage points more to finance a home than a home buyer whose credit score is above 700.  To determine what this means in dollars, take a look at the following example.

Example:  

Buyer "A" has a credit score of 720.  Buyer "B" has a credit score of 620.  Buyers A and B have both submitted offers to purchase a home priced at $400,000.  Buyer "A" has a mortgage loan interest rate of 4%, which is the best rate available.  In the industry, the best rate is called a paper rate.  Buyer "B" has a mortgage loan interest rate of 6%, which is two percentage points above the current paper rate. 

Given the interest rates reported, Buyer "B" will pay a higher monthly mortgage payment than Buyer "A".  Why? ... Because Buyer "B" has a credit score of 620 and Buyer "A" has maintained a credit score of 720.  

The following calculation shows how much more Buyer "B" will pay for a $400,000 mortgage loan compared to Buyer "A" with the same loan.

2% x $400,000/12 = $666.67 per month

Thus, Buyer "B" will pay $666.67 more per month than Buyer "A".  This amount equates to an increase of $8,000.04 per year and $120,000.60 for a 15 year mortgage.  For a 30 year mortgage, this amount increases to $240,001.20. 

Based on the results indicated, maintaining a high credit standing is extremely important!  Without a doubt, your credit scores can be your best friend or worst enemy.  Which one do you have? 

If you are interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia and Maryland, please contact me for assistance.  My specializations include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, relocation, and divorce.   

Lisa Dunham, MBA, CDPE, ABR, ePRO 
Allison James Estates & Homes 
703-298-6546 (Mobile) 
Lisa@LisaDunham.com
www.LisaDunham.com

           

Alexandria VA Homes Priced Under $400,000

A few years ago, if you asked me what you could buy for under $400,000 in Alexandria, I would have replied … not much!  However, today there are hundreds of condos, townhouses, and single family homes priced under $400,000 in Alexandria, VA.  If you are looking to buy your next home in Alexandria, you now have plenty of homes from which to choose.  Plus, interest rates remain at record lows making it the perfect time to buy your next home.

For your convenience, check out my latest list of Alexandria condos, town homes, and single family homes below.  Each home is priced under $400,000 and is available as of 10/15/2011.  If you have questions regarding the listings or would like to schedule a showing, please contact me 703-298-6546 for assistance.

Alexandria condos for sale

Alexandria townhouses for sale

Alexandria single family homes for sale

If you are interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia and Maryland, please contact me for assistance.  My specializations include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, relocation, and divorce.   

Lisa Dunham, MBA, CDPE, ABR, ePRO 
Allison James Estates & Homes 
703-298-6546 (Mobile) 
Lisa@LisaDunham.com
www.LisaDunham.com

            

Are You Facing the Possibility of Foreclosure?

Are you currently facing the possibility of foreclosure?  Have you received a notice of foreclosure in the mail and are not quite sure what to do next?  If you are facing the possibility of foreclosure, you should know that there are several alternatives to foreclosure that may be possible solutions for you.  I encourage you to contact me today to discuss what options may be available to you and your family.

If you are faced with the likelihood of a foreclosure in the near future, your contact with me could help you avoid foreclosure and prevent further damage to your credit.  In addition, there may be options available that will allow you to keep your home or sell your home under different circumstances.  

If you are expecting a foreclosure notice or have received a notice of foreclosure in the mail, I urge you to contact me immediately as "time is of the essence."  I am happy to assist you by evaluating your circumstances to determine what alternatives are available to you.  By contacting me, you can rest assured that any information shared will remain confidential. Call today for your free consultation!

If you are interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia and Maryland, please contact me for assistance.  My specializations include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, relocation, and divorce.   

Lisa Dunham, MBA, CDPE, ABR, ePRO 
Allison James Estates & Homes 
703-298-6546 (Mobile) 
Lisa@LisaDunham.com
www.LisaDunham.com

            

Top 5 Reasons to Get Pre-Approved for a Mortgage Loan

Shopping for your next home is an exciting adventure. Like most prospective buyers, you have been searching the Internet for quite some time and you finally found the perfect house. In fact, you found five of them!  All you need to do is call a REALTOR® and start previewing.

But not so fast…

  

Before previewing homes, you need to be pre-approved for a mortgage loan.  Your REALTOR® can suggest a reputable lender with whom you can obtain a pre-approval letter or you can select a lender of your choosing.  Why do you need a pre-approval letter?  Here are the top 5 reasons you should get pre-approved for a mortgage loan before previewing homes.

1.  Your mortgage loan determines how much house you can afford.  Knowing how much house you can afford is the key to house hunting.  When you have an established price point in mind, you can become more focused and efficient at finding your dream home.  If you are considering buying a home in the coming months, securing a mortgage loan is the first step!  This will allow you and your REALTOR® to make effective use of your time by focusing solely on the homes that are within your price range.

2.  Your mortgage loan determines your down payment requirements.  There are multiple types of loan packages available. The type of mortgage loan you choose determines how much money(if any) is required for your down payment.  To be certain that you meet the loan down payment requirements, it is extremely important to obtain your pre-approval letter prior to beginning your house hunting activities.

3.  Your mortgage loan determines your reserve account.  Most loan packages require you to maintain a certain amount of money in a reserve account or bank account.  This amount ensures the lender that you did not deplete your funds in order to qualify for the loan.  This also ensures the lender that you have immediate funds available to make the initial payments on your loan.

4.  Your mortgage loan proves that you have the financial resources available to purchase the home. When submitting an offer to the sellers, your pre-approval letter ensures the sellers that you have the financial resources available to purchase the home.  Without a pre-approval letter, the sellers will likely be unwilling to commit to selling their home to you as they have no way of verifying your financial strength.

5.  Your mortgage loan indicates your readiness and commitment to buying a home.  When selecting a REALTOR® to assist in your house hunting efforts, REALTORS® will gladly commit their time and resources to assisting a buyer who willingly obtains a pre-approval letter.  This important step shows your readiness and commitment to the home buying process.  This also helps the agent to efficiently and effectively guide you through the process of buying your home.  If you are unwilling to take the steps needed to determine your financial position, most REALTORS® will be unwilling to commit their time and resources into helping you find your dream home.  Your REALTOR® can only be as committed to the process as you are!

If you are interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia and Maryland, please contact me for assistance.  My specializations include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, relocation, and divorce.   

Lisa Dunham, MBA, CDPE, ABR, ePRO 
Allison James Estates & Homes 
703-298-6546 (Mobile) 
Lisa@LisaDunham.com
www.LisaDunham.com

            

Lorton VA Short Sales and Foreclosures - See Short Sales and Foreclosures in Lorton Now!

Are you Interested in buying a short sale or foreclosure in Lorton?  If so, now is the time!  As of 10/5/11, there are 16 active short sale listings in Lorton.  This list includes four condos listings, seven townhouse listings, and five single family homes.  If you are looking to buy your next home in Lorton, this list might have the perfect deal for you!  Check out my latest list of Lorton short sales now.

Interested in checking out the latest list of Lorton foreclosures?  There has never been a better time to buy a foreclosed property in Lorton.  As of 10/5/11, there are 5 active foreclosure listings in Lorton.  This list includes one condo listing, three townhouse listings, and one single family home.  Why wait when your best deal could be among this latest list of foreclosures?  If you are interested in buying a foreclosed property in Lorton, take a look at my latest list of homes available now.  

If you would like some additional information on buying  short sales and foreclosures in Lorton or anywhere in northern Virginia, please feel free to contact me.  Interest rates and housing prices remain at record lows making "now" the perfect time to find your dream home! 

For questions regarding the listings or to schedule a showing, feel free to call 703-298-6546, text or email me for assistance.  If you would like to browse the latest list of short sales and foreclosures in another northern Virginia location, just ask and I would be happy to email the list to you. 

If you are interested in buying or selling real estate in Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia and Maryland, please contact me for assistance.  My specializations include first-time home buyers, home sellers, luxury homes, short sales, foreclosures, relocation, and divorce.   

Lisa Dunham, MBA, CDPE, ABR, ePRO 
Allison James Estates & Homes 
703-298-6546 (Mobile) 
Lisa@LisaDunham.com
www.LisaDunham.com