Nate & The 12:45 Team Did It Again
Call Nate: 571-494-1245

Email Nate - NateJohnson@1245team.com
Nate Johnson is a licensed Realtor serving VA, MD & DC

Saturday, March 26, 2011

Fairfax Ridge Condos Weekly Sales Report for 3/19/11 - 3/26/11

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community


There are 4 lisitings at Fairfax Ridge with 14 condos under contract.   About 1/2 of the sales are short sales. Short sales are taking 3-5 months to close, if you have a good agent and negotiator. If you are thinking about buying or selling here at Fairfax Ridge
Contact me

As of today (March 26, 2011, 8 AM), there are  4 active homes in the MLS, 14 homes are currently under contract and 2 homes sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:
1 bedroom units: 0
2 bedroom units: 2
3 bedroom unit: 2

NEW LISTINGS
According to MLS, new listings this week: 0

UNDER CONTRACT
According to MLS, there are  14 condos under contract  4 bank owned and 9 short sale.

I will have the final numbers for these once they close

SOLD
According to MLS, 2 condos sold in the last 30 days.

11349 Aristotle Dr #6-302 - 1bd/1ba (10 DOMP) Regular Sale
Asking Price - $157,000 - Sales Price - $157,000 - Seller Subsidy - $4,710

11329 Aristotle Dr #5-108 - 2bd/2ba (30 DOMP) Regular Sale
Asking Price - $230,000 - Sales Price - $228,900 - Seller Subsidy - $5,150.25

SOLD: over 30 days

11305 Aristotle Dr #2-204- 1bd/1ba (16 DOMP) Regular Sale
Asking Price - $175,000 - Sales Price - $170,000 - Seller Subsidy - $00

11399 Aristotle Dr #11-101 - 2bd/2ba (10 DOMP) Regular Sale
Asking Price - $289,888 - Sales Price - $289,888 - Seller Subsidy - $8,500

11349 Aristotle Dr #6-301 - 2bd/2ba (49 DOMP) Short Sale .
Asking Price - $230,850 - Sales Price - $231,000 - Seller Subsidy - $00

3851 Aristotle Ct #1-202 - 2bd/2ba (20 DOMP) Regular Sale
Asking Price - $259,900 - Sales Price - $242,500 - Seller Subsidy - $3,300


Click below for all Fairfax Ridge Condo sales for 2009-11 Sales More Than 30 Days ago



Fairfax Ridge Condos Sold for 2007 vs. 2008 vs 2009





Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




RENTALS

Condos currently for rent: 5
Townhomes currrently for rent: 0

1 bedroom units: 3 available
2 bedroom units: 1 available
3 bedroom units: 1 available

3 condo have been rented in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group. Ask us more about this and how this benefits you!


OBSERVATIONS

If you are thinking about buying or selling in the next 3 months we would be honored to work with you ! Shoot us an email

Keep checking back each Friday for your updated market report for Fairfax Ridge


Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.






Thanks for reading our Fairfax Ridge Real Estate Blog!
Posted by: Nate Johnson - Fairfax Ridge Real Estate Agent
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929




Monday, March 21, 2011

Washington DC Area Ranks #1 for 2011

Inman News just reported:

Washington DC Area Ranked #1 for Real Estate Markets to Watch in 2011

Washington, D.C., was one of only two markets to see year-over-year gains in the most recent Standard & Poor's/Case-Shiller home-price index report, which tracks 20 U.S. metro areas nationally. While 11 of the 20 markets tracked posted new index lows in December, home prices in Washington, D.C., rose 4.1 percent year-over-year.
Read More Here



Saturday, March 19, 2011

Fairfax Ridge Condos Weekly Sales Report for 3/11/11 - 3/19/11

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION


There are 6 lisitings at Fairfax Ridge with 13 condos under contract.   Short sales are taking 3-5 months to close, if you have a good agent and negotiator. If you are thinking about buying or selling here at Fairfax Ridge
Contact me

As of today (March 19, 2011, 8 AM), there are  6 active homes in the MLS, 13 homes are currently under contract and 1 home sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:
1 bedroom units: 2
2 bedroom units: 2
3 bedroom unit: 2

NEW LISTINGS
According to MLS, new listings this week: 2

UNDER CONTRACT
According to MLS, there are  13 condos under contract and 0 townhomes under contract, 2 bank owned and 5 short sale.

I will have the final numbers for these once they close

SOLD

According to MLS, 1 condo sold in the last 30 days.

11349 Aristotle Dr #6-302 - 1bd/1ba (10 DOMP) Regular Sale
Asking Price - $157,000 - Sales Price - $157,000 - Seller Subsidy - $4,710

SOLD: over 30 days

11305 Aristotle Dr #2-204- 1bd/1ba (16 DOMP) Regular Sale
Asking Price - $175,000 - Sales Price - $170,000 - Seller Subsidy - $00

11399 Aristotle Dr #11-101 - 2bd/2ba (10 DOMP) Regular Sale
Asking Price - $289,888 - Sales Price - $289,888 - Seller Subsidy - $8,500

11349 Aristotle Dr #6-301 - 2bd/2ba (49 DOMP) Short Sale .
Asking Price - $230,850 - Sales Price - $231,000 - Seller Subsidy - $00

3851 Aristotle Ct #1-202 - 2bd/2ba (20 DOMP) Regular Sale
Asking Price - $259,900 - Sales Price - $242,500 - Seller Subsidy - $3,300


Click below for all Fairfax Ridge Condo sales for 2009-11 Sales More Than 30 Days ago



Fairfax Ridge Condos Sold for 2007 vs. 2008 vs 2009





Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




RENTALS

Condos currently for rent: 6
Townhomes currrently for rent: 0

1 bedroom units: 3 available
2 bedroom units: 2 available
3 bedroom units: 1 available

3 condo and 0 townhomes have been rented in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group. Ask us more about this and how this benefits you!


OBSERVATIONS

If you are thinking about buying or selling in the next 3 months we would be honored to work with you ! Shoot us an email

Keep checking back each Friday for your updated market report for Fairfax Ridge


Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.






Thanks for reading our Fairfax Ridge Real Estate Blog!
Posted by: Nate Johnson - Fairfax Ridge Real Estate Agent
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929




Monday, March 14, 2011

Let Us Know How We Can Help You ....




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Listing My Home
Purchasing A Property
Short Selling My Property
Receiving A CMA
Other











Friday, March 11, 2011

Fairfax Ridge Condos Weekly Sales Report for 3/5/11 - 3/11/11

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION


Lisitings at Fairfax Ridge are at 7 with 12 condos under contract.   Short sales are taking 3-5 months to close, if you have a good agent and negotiator. If you are thinking about buying or selling here at Fairfax Ridge
Contact me

As of today (March 11, 2011, 8 AM), there are  7 active homes in the MLS, 10 homes are currently under contract and 0 homes sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:
1 bedroom units: 1
2 bedroom units: 3
3 bedroom unit: 3

NEW LISTINGS
According to MLS, new listings this week: 1

UNDER CONTRACT
According to MLS, there are  12 condos under contract and 0 townhomes under contract, 2 bank owned and 4 short sale.

I will have the final numbers for these once they close

SOLD

According to MLS, 1 condo sold in the last 30 days.

11349 Aristotle Dr #6-302 - 1bd/1ba (10 DOMP) Regular Sale
Asking Price - $157,000 - Sales Price - $157,000 - Seller Subsidy - $4,710

SOLD: over 30 days

11305 Aristotle Dr #2-204- 1bd/1ba (16 DOMP) Regular Sale
Asking Price - $175,000 - Sales Price - $170,000 - Seller Subsidy - $00

11399 Aristotle Dr #11-101 - 2bd/2ba (10 DOMP) Regular Sale
Asking Price - $289,888 - Sales Price - $289,888 - Seller Subsidy - $8,500

11349 Aristotle Dr #6-301 - 2bd/2ba (49 DOMP) Short Sale .
Asking Price - $230,850 - Sales Price - $231,000 - Seller Subsidy - $00

3851 Aristotle Ct #1-202 - 2bd/2ba (20 DOMP) Regular Sale
Asking Price - $259,900 - Sales Price - $242,500 - Seller Subsidy - $3,300


Click below for all Fairfax Ridge Condo sales for 2009-11 Sales More Than 30 Days ago



Fairfax Ridge Condos Sold for 2007 vs. 2008 vs 2009





Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




RENTALS

Condos currently for rent: 7
Townhomes currrently for rent: 0

1 bedroom units: 4 available
2 bedroom units: 2 available
3 bedroom units: 1 available

2 condo and 1 townhomes have been rented in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group. Ask us more about this and how this benefits you!


OBSERVATIONS

If you are thinking about buying or selling in the next 3 months we would be honored to work with you ! Shoot us an email

Keep checking back each Friday for your updated market report for Fairfax Ridge


Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.






Thanks for reading our Fairfax Ridge Real Estate Blog!
Posted by: Nate Johnson - Fairfax Ridge Real Estate Agent
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929




Tuesday, March 8, 2011

Fairfax Ridge Short Sale Approval Letters and What is a Short Sale?

SHORT SALE APPROVED !


We just got 4 Short Sales approved !! and they are closing in February.   The 1st short sale bank was Chase and they forgave our seller over 80k and she did not have to pay it back ever!  Our other short sales that are closing is a 2bd/2ba Condo with Citi Bank.  Seller is forgivin over 100k and doesn't have to pay it back. Our 3rd short sale closing is a Townhome with Wells Fargo and the seller was forgiven over 150k and doesn't have to pay any back. Our 4th short sale closing for February is a Townhome with Citi Bank and the seller was forgiven over 120k and did not have to pay any back. 

Read the approval letters below to get an idea of what you will get when your short sale gets approved.

Short Sale-

Selling Your Home For Less Than What You Owe. 

Once you sell your home, then you are obligated to pay back the difference to the bank.  This can be hundreds of thousands of dollars and be very unrealistic for a lot of sellers to pay back. 

We have helped many clients here in Northern Virginia succesfully obtain short sale approval letters from their bank and they do not have to pay back the difference in what they owe!!!

We have teamed up with a law firm that will be representing you in the whole short sale process and negotiating on your behalf.  The whole purpose in our short sales is to get the bank to forgive your debt. (the amount you would owe, after selling your property for less than what you paid) 

Have You Been Affected By One Of The Hardships Below? 
  • You lost your job
  • Your salary or hours have been reduced
  • Divorce
  • Forced to relocate for a new job
  • Your interest rate has adjusted or is about to
  • Investment property gone bad
  • House is to small for your family now

You did not create the housing market to crash, but just like thousands of homeowners like yourself, you are now not able to sell your home for what you bought it for.

Check out some of the short sale letters below, we have negotiated on behalf of the sellers and they did not have to repay their debt.

Short Sale Condo Closing the begining of February (Chase)
*Did not have to pay the bank back




Short Sale Condo Closing the begining of February (Citi Bank)
*Did not have to pay the bank back




Short Sale Townhome Closing the middle of February (Wells Fargo)
*Did not have to pay the bank back






Short Sale Townhome Closing the middle of February (Citi Bank)
*Did not have to pay the bank back





Short Sale Condo Closed the middle of December (Bank of America)
*Did not have to pay the bank back








Short Sale Condo Closed the middle of Novemeber (Chase)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page

3rd Approval Page

4th Approval Page


Short Sale Condo Closed the end of September (Chase)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page

3rd Approval Page

Short Sale Condo Closed the begining of September (Bank of America)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page

Short Sale Closed the end of June (Chase)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Closed the end of June (Citi)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Condo closed at the end of May (Bank of America)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Townhome closed at the end of March (EMC Mortgage)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page



Short Sale Single Family Home closed the end of April (PHH Mortgage)
*Did not have to pay the bank back
1st Approval Page

2nd Approval Page


Short Sale Condo closed the begining of March (Metlife Home Loans)
*Did not have to pay the bank back
1st Approval Page





Thanks for reading our Penderbrook Real Estate Blog!
Posted by: Nate Johnson - Penderbrook Real Estate Agent
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929







Sunday, March 6, 2011

Fairfax Ridge Condos Weekly Sales Report for 2/26/11 - 3/5/11

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION


Lisitng at Fairfax Ridge are at 7 with 10 condos under contract.   Short sales are taking 3-5 months to close, if you have a good agent and negotiator. If you are thinking about buying or selling here at Fairfax Ridge
Contact me

As of today (March 5, 2011, 8 AM), there are  7 active homes in the MLS, 10 homes are currently under contract and 0 homes sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:
1 bedroom units: 2
2 bedroom units: 2
3 bedroom unit: 3

NEW LISTINGS
According to MLS, new listings this week: 0

UNDER CONTRACT
According to MLS, there are  10 condos under contract and 0 townhomes under contract, 2 bank owned and 4 short sale.

I will have the final numbers for these once they close

SOLD

According to MLS, 0 condo sold in the last 30 days.

SOLD: over 30 days

11305 Aristotle Dr #2-204- 1bd/1ba (16 DOMP) Regular Sale
Asking Price - $175,000 - Sales Price - $170,000 - Seller Subsidy - $00

11399 Aristotle Dr #11-101 - 2bd/2ba (10 DOMP) Regular Sale
Asking Price - $289,888 - Sales Price - $289,888 - Seller Subsidy - $8,500

11349 Aristotle Dr #6-301 - 2bd/2ba (49 DOMP) Short Sale .
Asking Price - $230,850 - Sales Price - $231,000 - Seller Subsidy - $00

3851 Aristotle Ct #1-202 - 2bd/2ba (20 DOMP) Regular Sale
Asking Price - $259,900 - Sales Price - $242,500 - Seller Subsidy - $3,300

11371 Aristotle Dr #9-210 - 2bd/2ba (34 DOMP) Short Sale .
Asking Price -$225,000- Sales Price -$225,000- Seller Subsidy - $00

11353 Aristotle Ct #8-307 - 2bd/2ba (42 DOMP) Short Sale .
Asking Price -$225,000- Sales Price -$225,000- Seller Subsidy - $00

11347 Aristotle Dr #6-309 - 3bd/2ba (156 DOMP) Regular Sale .
Asking Price -$275,000 - Sales Price -$262,500 - Seller Subsidy - $00

3851 Aristotle Ct #1-407 - 2bd/2ba (34 DOMP) Short Sale
Asking Price - $229,900 - Sales Price - $235,000 - Seller Subsidy - $00

11347 Aristotle Dr #6-409 - 3bd/2ba (153 DOMP) Short Sale .
Asking Price -$255,000 - Sales Price -$261,000 - Seller Subsidy - $6,000

3851 Aristotle Ct #1-316 - 1bd/1ba (52 DOMP) Short Sale .
Asking Price -$170,000- Sales Price -$160,000- Seller Subsidy - $00

11329 Aristotle Ct #5-211 - 2bd/1ba (0 DOMP) Undisclosed .
Asking Price -$195,000 - Sales Price -$195,000 - Seller Subsidy - $00

3851 Aristotle Ct #1-417 - 2bd/2ba (6 DOMP) Short Sale .
Asking Price - $249,900 - Sales Price - $249,900 - Seller Subsidy - $00

11355 Aristotle Dr #308 - 2bd/2ba (41 DOMP) Regular Sale
Asking Price -$219,900 - Sales Price -$225,000 - Seller Subsidy - $5,726.25

11352 Aristotle Dr #7-205 - 2bd/2ba (20 DOMP) Regular Sale
Asking Price -$235,000 - Sales Price -$233,000 - Seller Subsidy - $6,000

11327 Aristotle Dr #5-307 - 2bd/2ba (39 DOMP) Short Sale .
Asking Price -$229,900 - Sales Price -$230,000 - Seller Subsidy - $6,897

11399 Aristotle Dr #302 - 1bd/1ba (11 DOMP) Regular Sale .
Asking Price -$171,350 - Sales Price -$167,000 - Seller Subsidy - $5,010

11352 Aristotle Dr #7-308 - 1bd/1ba (92 DOMP) Undisclosed
Asking Price -$175,000 - Sales Price -$175,000 - Seller Subsidy - $00

11317 Aristotle Dr #210 - 2bd/2ba - (9 DOMP) Regular Sale
Asking Price -$235,000 - Sales Price -$230,000 - Seller Subsidy - $5,000

11345 Aristotle Dr #6-410 - 2bd/2ba (46 DOMP) Short Sale
Asking Price -$245,000 - Sales Price -$237,500 - Seller Subsidy - $00

11389 Aristotle Dr #11-21 - 2bd/2ba (18 DOMP) Short Sale - (Took 4 months to close) .
Asking Price -$256,500 - Sales Price -$256,500 - Seller Subsidy - $00

11377 Aristotle Dr #10-103 - 2bd/2ba (5 DOMP) Short Sale - (Took 3 months to close) .
Asking Price -$235,000 - Sales Price -$241,500 - Seller Subsidy - $6,500

11320 Aristotle Dr #4-406 - 1bd/1ba (81 DOMP) Short Sale -(Took 9 months to close)
Asking Price -$175,000 - Sales Price -$180,000 - Seller Subsidy - $2,000

11329 Aristotle Dr #5-411 - 2bd/1ba (7 DOMP) Regular Sale .
Asking Price -$189,900 - Sales Price -$190,000 - Seller Subsidy - $6,650

3851 Aristotle Ct #1-214 - 1bd/1ba (6 DOMP) Regular Sale
Asking Price -$165,000 - Sales Price -$164,500 - Seller Subsidy - $00

11375 Aristotle Dr #9-303 - 2bd/2ba (7 DOMP) Short Sale - (Took 5 months to close)
Asking Price -$249,900 - Sales Price -$248,000 - Seller Subsidy - $2,480

11321 Aristotle Dr #3-302 - 1bd/1ba (4 DOMP) Short Sale - (Took 1 year to close)
Asking Price -$175,000 - Sales Price -$160,000 - Seller Subsidy - $3,000

11320 Aristotle Dr #4-306 - 1bd/1ba (34 DOMP) Regular Sale
Asking Price -$169,900 - Sales Price -$169,000 - Seller Subsidy - $4,000

11395 Aristotle Dr #210 - 1bd/1ba (12 DOMP) Short Sale - (Took 6 months to close)
Asking Price -$159,900 - Sales Price -$163,000 - Seller Subsidy - $4,800


Click below for all Fairfax Ridge Condo sales for 2009-10 Sales More Than 30 Days ago



Fairfax Ridge Condos Sold for 2007 vs. 2008 vs 2009





Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




RENTALS

Condos currently for rent: 7
Townhomes currrently for rent: 0

1 bedroom units: 5 available
2 bedroom units: 2 available
3 bedroom units: 1 available

2 condo and 0 townhomes have been rented in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group. Ask us more about this and how this benefits you!


OBSERVATIONS

If you are thinking about buying or selling in the next 3 months we would be honored to work with you ! Shoot us an email

Keep checking back each Friday for your updated market report for Fairfax Ridge


Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.






Thanks for reading our Fairfax Ridge Real Estate Blog!
Posted by: Nate Johnson - Fairfax Ridge Real Estate Agent
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929




Saturday, March 5, 2011

About 12:45 Team

The 12:45 Team is a young and aggressive real estate team that can service all your real estate needs. We focus on "changing lives one home at a time" with our team approach.

We specialize in handling Short Sale transactions and helping people avoid foreclosure. We also work with many equity Sellers and home Buyers.

What does 12:45 Team stand for?

12:45 Team is a unique name for our real estate team. The name is derived from the scripture verse Romans 12:4-5. This scripture reads....

"For just as each of us has one body with many parts, and these parts do not have all the same function. As in Christ, we, though many, form one body, and each part belongs to the other."

To us this scripture illustrates teamwork and everyone's role on the team. Our team's focus is to meet and exceed your expectations with you as the most valuable player.