Ritu Desai- Fairfax/Loudoun County Realtor in Northern Virginia

With home prices low, now could be a good time for parents to give their children a home or even an investment property. Here are some suggestions for managing the tax consequences from Mark Luscombe, tax analyst with Wolters Kluwer. Give a cash gift. Individuals are allowed to gift up to $13,000 per person in a given year without incurring gift ...

With home prices low, now could be a good time for parents to give their children a home or even an investment property. Here are some suggestions for managing the tax consequences from Mark Luscombe, tax analyst with Wolters Kluwer. Give a cash gift. Individuals are allowed to gift up to $13,000 per person in a given year without incurring gift ...

Congratulation!! you made a decision to purchase a home. Now the next big decision is where do you want to buy or live. Especially with the crazy Northern Virginia traffic if can be a challenging decision for a family or any individual. So how do you find the neighborhoor or area you want to live in? My answer is additional seris of ...

“I currently own a home which I would like to sell, and then buy another. What is the best sequence of steps in this process?” Depending on what you are in the market to sell/buy, this question can be answer. Your first step would be get the market analysis from your Realtor. Understand how long it typically takes to sell i.e. Days on ...

What a seller can do to improve the odds of getting the offer that you have been long waiting on...or be the first one to get one before you competion gets chosen over yours.  1. Price it right. Set a price at the lower end of your property’s realistic price range. 2. Prepare for visitors. Get your house market ready at least two ...

Ritu Desai | Samson Realty | 703-625-494940583 WOODSIDE PL, Leesburg, VANATURE LOVER'S PARADISE ON 3 ACRES*TRADITIONAL SALE* NO HOA4BR/2.5BA Single Family Houseoffered at $499,000Year Built1971 Sq FootageUnspecified Bedrooms4Bathrooms2 full, 1 partial Floors3 Parking1 Car garage Lot Size3.0 acres HOA/Maint$0 per month DESCRIPTION ** Pristine!! ...

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                        VHDA’s Homebuyer Tax Credit Plus Program provides first-time homebuyers an affordable funding source to access their anticipated tax credit for use as downpayment and closing costs.  Reservations for ...

Ritu Desai | Samson Realty | 703-625-494912768 Dogwood Hills Ln, Fairfax, VATradition Sale**Meticulously Maintained Home3BR/2.5BA Townhouseoffered at $410,000Year Built1991 Sq FootageUnspecified Bedrooms3Bathrooms2 full, 1 partial Floors3 Parking1 Car garage Lot Size1,870 sqft HOA/Maint$68 per month DESCRIPTION**Immaculate!! Pride of ...

Lot of homes owners or sellers are investing in their homes. Everyone wonder what house upgrades will provide the best return on your dollar when the time comes to sell? Here's a great place to get the answers. Every year Remodeling Magazine releases its "Cost vs. Value Report" where you can select your region and view various ...

As I mentioned in my past post, HUD made an announcement on May 12 that they were going to allow homeowners to use the $8000 tax credit as down payment monies by empowering state agencies, non profits and HUD approved Mortgagees to lend the monies to home buyers.  HUD drafted HUD Mortgage Letter 2009-15, however, the letter was never ...

Summer is around the corner and many of the us are making plans for their vacation. Local Crime Prevention Unit recommend residents make their homes look as lived-in as possible while they are enjoying their well-deserved time off. Here are a few simple tips: • First and foremost, get to know your neighbors; a trusted relationship ...

HUD Secretary announces that the $8,000 Tax Credit for qualified home buyer's may be used as a down payment. "FHA's approved lenders will be permitted to "monetize" the tax credit through short-term bridge loans. This will allow eligible home buyers to access the funds immediately at the closing ...

Ritu Desai | Samson Realty | 703-625-49492224 Cartwright Pl, Reston, VARemodeled & Immaculate Townhome in the heart of Reston3BR/2.5BA Townhouseoffered at $289,000Year Built1974 Sq Footage1,197 Bedrooms3Bathrooms2 full, 1 partial FloorsUnspecified Parking1 Lot Size1,182 sqft HOA/Maint$35 per month DESCRIPTIONImmaculate!New Windows;doors;Water ...

The state is giving Virginia residents an incentive to prepare for hurricane season. Virginia's Hurricane Preparedness Sales Tax Holiday begins May 25 and runs through May 31. During the weeklong holiday, state and local sales taxes won't be collected on generators costing $1,000 or less, or on nearly two dozen other items ranging from ...