Tower Villas Condos

Ballston Mall

Tower Villas Condos are located in the Ballston area of Arlington, Va. These gorgeous 1, 2, and 3 bedroom homes were built in 1974. Conveniently located near the Virginia Square Metro and the Arlington Central Library. Other spectacular amenities include:

  • Concierge
  • Garage Parking
  • Gas Heat
  • Pool
  • Sauna
  • Pets Allowed/2 Cats or 2 Small Dogs

For convenient shopping, dining and the Ballston Mall, Tower Villas is worth the visit.

Loan Documentation Fraud

ContractsLoan Documentation Fraud includes providing inaccurate information when applying for a loan to purchase property. Common information that is altered is income, assets, employment status, etc. This allows the buyer to get a lower rate and better loan terms. Other types of this fraud include forging someone else’s information, or pretending to be a financial institution so a down payment can be collected. As soon as this happens they disappear. Never falsify information when applying for a loan, even if you are encouraged to do so by another party.

photo credit: NobMouse

Fun recreation for the children of Lake Ridge

Lake Ridge offers more than just homes; they offer friendly recreational areas for the young people of their community as well.  With all the facilities offered, they will never stray away from home or find themselves bored. Most especially featured are the recreational facilities and neighborhood playgrounds offered for our young people.

Lake Ridge Parks and Recreation Association:

Located at 12350 Oakwood Drive in Woodbridge VA 22192, Lake Ridge Parks and Recreation offers the children of all homeowners a variety of sport programs suitable for all ages such as flag football, T-ball, Coach Pitch and soccer. These programs and other educational programs are available all year round.

Lake Ridge Park Golf and Marina:

Located at 12350 Cotton Mill Drive in Woodbridge VA 22192, Lake Ridge Park Golf and Marina that is a part of the Prince William County Park System also provides a variety of programs such as golf, camps, canoe, mini golf, kayak classes and many others.

Soccer Balls Net 7-22-09 1
Soccer Balls

Lake Ridge offers 5 pools and a spray ground as well as an array of restaurants that are accessible when the young ones are tired and hungry.

photo credit: stevendepolo

Short Sale Schemes

short saleThis real estate scheme usually happens when the borrower owes more on the property than the current value. The borrower then pretends they have a financial hardship and can not make any more payments. Someone, an accomplice, who is working with the borrower submits a low offer to buy the property. The lender agrees with the short sale not knowing that it was all a set-up. The property is usually resold immediately for the actual value for a profit. If you suspect real estate fraud you can make a report with stopfraud.gov.

photo credit: TheTruthAbout…

Living The Charmed Life in Annandale, Virginia

porch at Pinecrest

If you are looking for a great place to live, then you have found the right community in Annandale. Located inside the Beltway near the West End of Alexandria, this town in Fairfax County, Virginia displays a love for nature as well as a thriving appreciation for the arts and sciences.

Parks are scattered all over the region while main offices of ENSCO, INc, Computer Sciences Corporation and Exxon Mobil are located in Annandale. Hidden Oaks Nature Center has held a variety of activities, such as the Brownie Nature Scout Festival, the Mother’s Day Walk With A Naturalist, and the Good Night Walk: Sounds of the Night, that children and adults enjoyed participating. Hopefully, these nature walks and festivals will become an annual tradition among residents and tourists.

The town also boasts two large markets, namely the Annandale Farmers Market and the Wakefield Farmers Market, that provide fresh produce, meat, herbs, spices and baked goods to Annandale residents and restaurants, which mostly serve Korean cuisine as well as popular American food.

Aside from the market centers and restaurants, Annandale also prides itself with fine recreational places, such as the Pinecrest Golf Course, the Wakefield Skate Park, and the Audrey Moore RECenter. The golf course has 10 driving cages and indoor practice area aside from the clubhouse, snack bar and pro shop. For the kids, the Wakefield Skate Park holds skateboarding and BMX camps for children and teens. Lastly, the Audrey Moore RECenter, formerly known as Wakefield RECenter, houses indoor swimming pools and offers more than 40 fitness classes each week.

Homes for Sale in Annandale VA

Illegal House Flipping

Homes along White Oak Bayou in Houston“Flipping” a home is when you purchase property as an asset then quickly re-sell it for a profit. There are different types of flipping. Generally, flipping is legal. However, there has been an increase in illegal flipping. This is when a recently purchased property is re-sold for an inflated value. Usually only small cosmetic improvements have been made before re-selling it. This scheme involves the appraiser, a mortgage originator and the closing agent. The real estate appraiser is the key player, because for this scheme to work the property has to be appraised for more than it is worth.

The Uniform Standards of Professional Appraisal Practice governs real estate appraisers. If you suspect a flipping scheme you can contact them before making any real estate decisions.

photo credit: (Bill and Mavis) – B&M Photography

Belmont Bay Neighborhood, Catering to Luxurious Living in Prince William County VA

Here’s a map of homes for sale at Belmont Bay.

The Condominiums of Belmont Bay is conveniently accessible to the VRE Station, the Woodbridge Park and Ride including Fort Belvoir, Pentagon and Quantico.

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Condos for Sale at Williamsburg Condominiums

Williamsburg Condominiums is located at 1276 North Wayne Street, Arlington, VA 22201-5848

Map of Williamsburg Condos

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What is Appraisal Fraud?

Appraisal Fraud involves the appraiser of a house or commercial real estate, the broker, loan officer and sometimes the lender. This is when the numbers are fixed so the real estate looks as if it is worth more than it truly is. This is usually done so the broker or loan officer can close on a larger loan and make a bigger commission. Other reasons this is done is to get a lower price on a foreclosed home or to get a lender to decrease the amount owed in a loan modification.

Any way you look at it this practice is wrong and illegal. Most appraisers, lenders, brokers, and loan officers are honest people.

For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.
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