I was recently reading the article about The Top 5 Tax Breaks for Homeowners produced by Inman News. The question poses that a recent home buyer bought a home, put $33,000 down and financed the remaining $28,000 with a mortgage company. While this is not realistic in Western Prince William County or any part of Northern Virginia, the principles noted can easily be applied to help one realize owning a home right now just makes sense.
Many of us know that mortgage interest that we pay each month can be deducted. It is important to know that when you settle on your Haymarket Virginia Home, you will also pay some mortgage interest up front at closing and this too is also deductible. It is a pro-rated amount based on what date you settle.
Also, of notable interest is the idea that some improvements you do to your home may give you a tax break. You can find out out what improvements will give you a tax break, especially those that make your home more energy efficient like new windows or tankless hot water heaters. If you are considering making an improvement to your Prince William County home, the following is a great reference as it spells it out in layman's terms; check the TurboTax website.
First Time Home-Buyers in Prince William County, Virginia using FHA financing; Is the property your buying FHA Certified?
First time home-buyers often use FHA financing as a way to buy their first home. FHA offers a great alternative to conventional financing, only requiring 3.5% down-payment. The loan offers protection for the buyers by stricter guidelines that the home they are purchasing must meet. The nice thing about this feature is that it offers an additional set of eyes on a property in addition to the Home Inspector and often requires sellers to make repairs that otherwise may not have been asked for by the buyer.
So what's the catch? In Prince William County as well as all of Northern Virginia, most Condo Communities have lost their FHA resale certificates. This means that if a buyer, whether they are a first time home-buyer or not, is planning to use FHA financing, may not be able to purchase the home they fell in love with. These properties are NOT just properties that look like your typical condo. They could also be a townhome where the ownership is a Condo.
Why is this happening? To learn more, click here. FHA LOANS for Condos.
What can you do about it? If you find a home that requires an FHA certificate and it does not currently have one, it is still possible to purchase the property with FHA financing. This is where the help and guidance of an experienced Buyer's Agent can really help!
Whether you are for it or against it, Kohl's Department Store and Wal-Mart Supercenter are coming soon to Haymarket, VA. If you live in the area, you no doubt have driven past the dirt being moved at the corner of Route 55 and US 15 in Haymarket, VA. It appears that Haymarket, VA officials and some residents are upset about the traffic as well as economic impact of the intersection in Haymarket, VA. The development site is just outside the Town of Haymarket, VA limits resulting in the Town of Haymarket, VA not receiving any tax revenue.
This photo is a depiction of a more attractive looking Wal-Mart. My hope is that Wal-Mart decides to use a similar type facade for the Haymarket, VA store.
Neighboring communities that will be impacted including Dominion Valley Country Club and Piedmont, which are North of the Town of Haymarket, VA off US 15.
It's Time to Fall Back!! Daylight Savings
This time of the year in Western Prince William County including Haymarket, Gainesville and Bristow, VA has a ton of fall activities going on. It is easy to forget, so as a quick reminder, I wanted to reach out to every one this week and remind you that Sunday, November 6, Daylight Saving Time ends. Don't forget to roll back that clock an hour on Saturday night or Sunday morning.
I also like to use the time change to remind me to perform some basic home maintenance tasks. Perhaps this list will help you as well:
* Smoke & Carbon Monoxide Detectors: Test batteries and replace.
* Interior Caulking: Inspect caulking around tubs, showers, and sinks; replace any if it is deteriorating.
* HVAC: Change filters, if required.
* Toilet: Check for leaks and water run-on.
* Garbage Disposal: Tighten drain connections and fasteners.
* Dryer: Vacuum lint from ducts and surrounding areas.
* Washer: Clean water inlet filters; check hoses and replace them if they are leaking.
* Wiring: Check for frayed cords and wires; repair or replace them as needed.
* Range/Stove Hood: Wash fan blades and housing.
A little regular maintenance can save thousands down the road when you decide to list your home. Hope you're well, and enjoy that "extra hour" of sleep!
Until next time...
Dominion Valley Country Club Luxury Homes
Developed by the Toll Brothers, one of the nation's leading builders of luxury homes, Dominion Valley Country Club Luxury Homes are located in Haymarket, Virginia.
If you're looking for your own piece of paradise, you've come to the right place. Dominion Valley Country Club luxury homes are surrounded by an oasis of rolling landscapes and beautiful mountain views.
Dominion Valley Country Club luxury homes are ideal for families, couples and those who are 55+. The community slogan is "A Lifetime of Saturday's" Dominion Valley offers many events within the community and it has convenient resources like the Giant grocery store and lots of smaller shops and restaurants. In regards to education, the schools within the community are ranked to be some of the best in the nation, offering both gifted programs to all grade levels and advanced placement courses. Beneficial to the students as well as any history lovers, there is a lot of history and culture to be absorbed both in and around the Community. With it's historic buildings that stand as monuments and educational museums, the nation's Capitol is in close proximity and is always a great way to 
spend a day trip.
Dominion Valley Country Club luxury homes are infused with nature in every direction, and Toll Brothers genuinely believes in it's preservation. They have been recognized both locally and nationally for their efforts in the maintenance and care for the environment, an example being that the area is an Audubon cooperative golf course sanctuary.
If you spend ten minutes researching Dominion Valley Country Club luxury homes, you would be amazed at all it has to offer it's residents.
If you happen to be looking for you own piece of paradise in a welcoming and active community, I'd love to open you up to the beauty of Dominion Valley Country Club luxury homes.
Please contact me if you are interested in Dominion Valley Country Club luxury homes.
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I am a native to Northern VA who enjoys helping clients buy, sell, and invest in Real Estate.
I have always had a passion for Residential Real Estate in both form, function and design. I have taken Interior Design classes and have furthered my Real Estate education by becoming a Broker. This passion for Residential Real Estate and design has lead me to be successful while working in various capacities in Marketing, Design, Public Relations, and Sales. I have an extensive background working for Custom and National Builders where I have helped to design Homes from start to finish, Clubhouses at Master Planned Communities, Model Homes, Apartment renovations, and helped numerous buyers and sellers achieve their goal of owning the home of their dreams.
With over 20 years in the Real Estate industry, I currently hold a Real Estate Broker's license in Virginia and South Carolina and feel this has given me the ability to gain knowledge on how to best understand marketing needs and trends in the residential real estate market. I am currently a member of the Northern Virginia Association of Realtors, Virginia Association of Realtors, and the National Association of Realtors. IN the past, I have been a Top Producer through Prince William Association of Realtors as well as a National Real Estate company. I continue to seek additional certifications through various Industry Associations.
While trained in all aspects of Real Estate, Home Staging and Interior Redesign, I specialize in the following areas:
Real Estate:
Home Staging:
Before 
After 
“I would like to compliment one of your agents, Tammy Trenholm. After spending months with various agents looking for a suitable house to purchase after relocating to Northern Virginia, we decided to try your company. After our initial inquiry, we were promptly contacted by Tammy Trenholm and were scheduled to look at several homes the very next day. Tammy was very professional and knowledgeable of the local market. She answered any and all questions completely and promptly. She arranged for the showings and guided us every step of the way from presenting a contract to final closing, a real pleasure to work with“ Mr. and Mrs. Tim Redman
“Tammy made the entire process seem simple and easy and took care of all the details, what a load of frustration she relieved from my wife and I. She is as courteous as she is professional. I plan on using her for a future land sale and have recommended her to several of my co-workers as well. My hat’s off to Tammy” Mr. and Mrs. John Riemondy
"I contacted Tammy regarding a color consultation and possibly some resdesign for our four year old home. Since moving in we had not really done much to it and we had an assortment of second hand furniture. She took into account out current furnishings and accessories and helped me choose paint colors based on two prints that I loved. She was extremely thorough in choosing the paint colors to make sure that the colors would harmonize with each other as well as the assorted mix of fabrics and finishes that we had acquired. She picked out the perfect color scheme. She coordinated the whole painting process for me and after the painting was done she handled the redesign for the whole first floor of our house.
I could not be more thrilled with the way the redesign turned out. I was convinced that the way we previously had the furniture was the only option that would work The new arrangement she came up with is so much better. It is so welcoming and we are using the spaces in different ways with the new arrangement. She worked magic with my existing accessories and wall decor too. It looks like a model home now. Seeing the end results really is the best referral I could give. So many people have commented how good it looks now, I feel like the paint and the redesign process was such a good value and had a maximum impact on the appearance of our home." Cathy Emerson
"I am a Custom Home Builder in Charleston, SC and focus on high end speculative and contract homes. Tammy recently staged one of our homes listed at $1,300,000 and did a wonderful job. The end result went way beyond my and my Real Estate Agents expectations. The updated pictures of my property once staged really showcase my work. My agent has had tremendously positive feedback since she staged the house and are working with a few serious prospects. I have told other builders in our area about ( her company) and my company will use her again." Coastal Construction and Development, Inc
"Tammy staged a vacant, new construction home my partner and I have listed and they did a wonderful job. The house has received numerous showings and the feedback has been very good. Tammy was very honest and professional and did exactly what they said they would do. We highly recommend them and look forward to working with them on future stagings in 2008." Rick Atkinson, Prudential
"Tammy exceeded all expectations in her recent staging of my listing in Cathedral Oaks, in Mount Pleasant, SC. She was very professional and easy to deal with and did exactly what she said she would. The updated pictures she provided me with have really helped in marketing this home and the feedback on showings has been very good. I will use her in the future! Clark Coker, Prudential
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