My phone rings daily with prospective buyers or renters looking for information on condominiums in the Belmont Bay neighborhood in Prince William County Virginia. This on-line guide will provide you general information on the seven different condominium buildings* with available sales or rentals in the neighborhood.
Located directly on the Occoquan River, Harbor Pointe East and Harbor Pointe West were the first condominiums built in Belmont Bay with deliveries starting in 2003. Both buildings have an entrance lobby and two elevators that service the units. With 134 units total the buildings feature x number of floor plans ranging from the smallest Hudson 1BR/1BA to the Magellan at 2200 SF. Each building features underground parking, a fitness center and a center courtyard facing the river.
Harborview completed in Fall 2005 is located one block off of the river and overlooking the Osprey Golf course is the only residential high rise in Prince William County. With 119 units on nine floors the building offers an on-site property manager, party room, exercise room and its own pool. Harborview is a poured concrete and steel building and also has a two level underground garage. There were no one bedroom units built in Harborview. The smallest two bedroom unit runs around 1400 SF and the largest unit the Camden is 2400 SF.
HarborSide Condominium is currently the only building which offers new delivery units. With only 6 units remaining for sale the location facing the Belmont Bay Marina has proved to be popular in 2008 and 2009. There are four floors and 28 units in the building with six models range in size from the 2 BR/2BA Rappahannock model to the 2BR & Den York at 2156 SF. As with all of the other "Harbor" condos the building has underground parking and storage for each unit.

The final condominium buildings in Belmont Bay are River Club 1 consisting of three buildings constructed by Comstock homes from 2004-2007. The buildings each have 4 floors and a roof top deck with views of the Occoquan River and Osprey Golf Course. There were 6 models available ranging in size from 1150 SF to 2300 SF and from 1BR/1.5 Bath (Tribeca) to 3BR/3BA (Greenwich).
Rentals in Belmont Bay are always popular due to the VRE Station in the community, the Woodbridge Park and Ride lots as well as easy access to Fort Belvoir, Pentagon and Quantico. Sales of resale condominiums have been brisk in 2009 and with lower prices buyers are grabbing the opportunity to live in this premier waterfront community.
If you are interested in learning more about Belmont Bay in Prince William County (VA) give Cindy Jones a call at 703-346-2213. As the leading sales and rental agent in the neighborhood and exclusive listing agent for HarborSide Condominiums let me show you why I call Belmont Bay Home.

* This report does not include River Club 2 which is currently not available for sale or rental or the 4-plex Belmont Bay Golf Villas.
There are agents who spend a good deal of their time looking for ways to avoid short sales in the Prince William County (VA) area. Unfortunately in a market which has taken a significant hit on values you can choose to run from short sales or you can work with them and try for a positive outcome.
Today my short sale listing in Belmont Bay finally went to closing. it has been a long process and while we waited for the lender to work with us we went through two buyers. I had to pull the listing back from foreclosure twice which was exasperating, especially after we had short sale approval and a closing date.
Was it fun? No but it was educational and no matter how much you think you know about listing a property for sale, working with short sales are very different. In our current Prince William County market I'm not going to run away from short sales as they are everywhere. Will I ever consider myself a short sale expert? Each time I accept the challenge of a short sale the process is different, so the answer would be no.
Will I accept another opportunity to work with a family who needs assistance in getting their home sold with negative equity? The reward in knowing another family has been able to move forward and build a new future is worth the work it takes to get it done.
Military families across the world have been anxiously awaiting the final rules proposals for the DoD Homeowners Assistance Program (HAP).
Waiting is always a struggle when you have your PCS orders in hand and need to sell your home. It is even worse in our current market when it often means that the value of your home is below the current market value.
The expanded Department of Defense HAP program was designed to help military families in our current market and alleviate some of the financial burden. Yesterday the rules were published in the Federal Registry for final review and comments. This does not mean that applications will be processed until the 30 day review period has passed, however there are some rumors floating around the various forums that the regional offices have started making contact with the Wounded Warriors and Surviving Spouses.
The biggest concern for homeowners is the tax consequences of the funding. Currently the ruling specifies that the homeowner will have to cover the benefits received as taxable income and the tax liability will be deducted from the funds at settlement. If you would like to support H.R. 3590 to remove this from the bill contact your representative as well as Rep. Pelosi and Rep. Rangel to request the support of expediting the passage of H.R. 3590
I currently have four listing under contract in the Northern Virginia area for military families and the buyers waiting for the final approval on the rules. We look forward to the day their applications can be officially processed and their homes are sold.
If you live in Northern Virginia and qualify for the DoD Homeowners Assistance Program or a VA Compromise sale give me a call at 703-346-221. I've been working with families in your same situation this year and understand the complexities of the process.
Wondering about local neighborhoods with commuting options to Fort Belvoir, the Pentagon or any of the Military District of Washington installations?
Enjoy an overview of a few local communities many of my clients have decided to call home while staioned in the area. Each offers something a little different and all offer multiple commuting options to local military installations.
If you have PCS orders to Fort Belvoir, the Pentagon or any Northern Virginia or DC installation give me a call at 703-346-2213. Let my personal experience with military relocation and knoweldge of Northern Virginia neighorhoods work for you.

When the sales office closed at the Comstock Homes River Club 2 project in Belmont Bay in Prince William County last spring it didn't take long to figure out what the future would hold for the project. The official announcement from M&T Bank was released yesterday.
"Under the terms of the agreements, M&T Bank agreed to release the Company (aka Comstock Homes) from its obligations and guarantees relating to the Belmont Loan and the Company agreed to cooperate with M&T Bank with respect to its foreclosure on the remaining portion of the Belmont Bay Project which includes 19 partially completed condominium units and 84 condominium building lots. "
This is good news for the Belmont Bay Community as the River Club 2 project can move forward with a new development partner. It should also be good news for the 9 homeowners who settled on homes in River Club 2 before the doors closed. The owners have lived in limbo while the negotiations between M&T Bank and Comstock worked their way through the attorneys and all of the lawsuits that had been filed among the developers in Belmont Bay.
Hopefully a new development group will be announced soon and this project (under a new name) in Belmont Bay can be finished.
If you are interested in learning more about the Belmont Bay Community in Prince William County give me a call at 703-346-2213. Let me show you around the neighborhood and show you all the reasons Belmont Bay is the "hidden gem" on the Occoquan River.
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