Welcome to Potomac Club of Woodbridge VA

Situated on 200 acres of spacious land in Woodbridge VA , the Potomac Club is a good choice if one prefers an exciting but carefree low maintenance living blanketed in an urban environment suitable for families and busy professionals both young and old alike.

Catering to fun, fitness and techy lifestyles, the Potomac Club in the Eastern Prince William County has more than just homes to offer. Situated between Fort Belvoir and Quantico military bases, Potomac Club offers over 530 homes with a diversity of innovative designs and numerous floorplans to choose from to suit your lifestyle.

Unique benefits are offered to residents such as access to boats and cars and the like. The entire community is also equipped with Wi-Fi so one can enjoy surfing the net or finishing up work even by the poolside! And when you need a place to print, develop, bind or other work related chores, one can head out to the community business center to do so.

Other Amenities offer:

  • Resident Lounge: Game tables, Terrace, Restrooms, Bar, Plasma TV’s, Cocktail tables and Billiards.
  • Pools: Indoor pool and Outdoor pool
  • Rock/Wall Climbing: Professional assistance with tri-faced rock/wall climbing.
  • Clubhouse: Fitness center with cardio equipment, weights and other machines and locker rooms.

Schools that serve Potomac Club:

  • Marusmo Elementary School
  • Rippon Middle School
  • Freedom High School

Its location is accessible to the Virginia Railway Express and other routes allowing convenient commuting. It is also just 25 miles away to DC and a few more to Skyline Drive. Potomac Club residents are of easy reach to many outdoor recreations, entertainment, shopping opportunities and beautiful beaches. More importantly, Potomac Hospital is just across the street from the Potomac Club so those with health issues need not worry about traveling too far for health care. Wegmans also is ultimately convenient as it is just located beside Potomac Club.

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Commercial Real Estate Yields Spur Investors

Yields on U.S. commercial real estate are nearing a record high compared to Treasury bonds. Many investors take that as a signal to buy property.

Capitalization rates, a measure of real estate yields, averaged 7.22 percent in the second quarter, as calculated by the National Council of Real Estate Investment Fiduciaries. That was 4.29 percentage points higher than the yield on 10-year government bonds as of June 30 and 4.75 percentage points higher than Treasury yields as of Aug. 31.

These returns are near the record 5.39 percentage points in the first quarter of 2009, when the U.S. was dealing with the worst economic downturn since the Great Depression. The spread shrank to less than 80 basis points when commercial real estate prices peaked in 2007.

“The data indicate that real estate is poised for a rebound,” says Gerardo Lietz, who advises pension funds on property investments.

Source: Bloomberg, Hui-yong Yu (09/01/2010)

Tower Villas Condos

Ballston Mall
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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