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What are condo fees? Condo fees are paid monthly by every condo homeowner in addition to your mortgage payment. Condo fees are sometimes known as maintenance fees, as they help with maintenance of the building, pay the salaries of groundskeepers/staff, provide amenities such as pools, gyms, courtyards, etc. How are they calculated? They are assessed per unit [...]
Posts Tagged ‘arlington condo’
Arlington VA Home Prices Up 17% from 2009
April 20th, 2010 
Laura There has been a palpable shift in the Arlington, VA real estate market over the past few months, and the March statistics reflect that. Inventory is way down as we’ve sold through many of the properties for sale, and haven’t had the same number of new properties come on the market for sale – the [...]
Arlington, VA Market Statistics for March 2010 – 22201
April 12th, 2010 Laura It’s not often I see numbers and hesitate to post them, but I got that feeling when I pulled the market stats for March 2010 in 22201. The numbers are not a true picture because of the types of properties that sold in March. There were a total of 49 sales, but most of the condos [...]
Posted in Arlington, Keller Williams Realty 
Tags: arlington condo, arlington real estate, clarendon, courthouse 
2 Comments »Station Square Condominium in Arlington, VA Is Now FHA Approved!
April 8th, 2010 Laura A few weeks ago I wrote a post on FHA Financing and Condos: What You Need to Know when the new FHA regulations came about for financing condo buildings that were not previously approved. The new regulations have a long laundry list of requirements that a building must meet before the FHA and HUD will [...]
Posted in Arlington, Keller Williams Realty Tags: Arlington, arlington condo, arlington real estate, clarendon 2 Comments »When Do I Get To Review Condo/HOA Rules and Regulations?
April 7th, 2010 Laura Whether you’re buying a condo or a property within a Home Owners Association, the review process is the same. Once a contract has been ratified (accepted and signed by both parties), sellers will order HOA/Condo docs from their management company. In the contract, you’ll state whether you want a hardcopy or an electronic version and where [...]
Posted in Arlington, Keller Williams Realty Tags: arlington condo, arlington real estate, arlington townhouse, condo 1 Comment »Tricks For Selling Your Home!
March 8th, 2010 Laura The National Association of Realtors (NAR) does an annual survey of buyers and sellers. Their most recent profile, the 2009 Profile of Buyers and Sellers, says the 90% of buyers used the Internet in their home search. Of that 90%, 84% said that photos were the MOST useful/valued feature of a website. 84% looked at [...]
Posted in Arlington, Keller Williams Realty Tags: Arlington, arlington condo, arlington real estate, pictures, selling 1 Comment »FHA Financing & Condos: What You Need To Know
March 3rd, 2010 Laura The FHA is a tease. Yes, I said it. You’re a tease. You tempt buyers by flashing a mere 3.5% down payment and interest rates below 5% (at the time of this writing), but then you go and pull the rug out from under everyone! The FHA has now decided to tighten lending on condo [...]
Do All Condo Units Have Parking? How About Storage Units?
March 1st, 2010 Laura So strictly speaking for Arlington County (the answer will differ for Montgomery County and the District), let’s talk about whether condos always have parking and/or storage units. In Arlington, it’s very common for units to come with 1 parking space deeded to the purchaser. At some point all of these condo buildings were brand new [...]
Posted in Arlington, Keller Williams Realty Tags: Arlington, arlington condo, arlington real estate, parking, storage No Comments »Arlington VA Market Statistics – January 2010
February 15th, 2010 Laura New year, new start! We last left off looking at the 2009 end of year wrap up – low inventory levels, prices were starting to creep back up, and even the condo market was starting to rebound. So how did that translate into market activity in January 2010? Overall, Arlington County saw an 18% decrease [...]
Thinking About Downsizing? Condo Living Means No Shovels!
February 14th, 2010 Laura While watching the 30+ inches of snow fall last week, I was grateful that I didn’t need to dig my car out, shovel my driveway, shovel the roof, clear snow away from my Air Condition unit, etc…the list goes on. Let me tell you – i’ve never been more grateful to be living in a [...]
