About Loudoun County, VA

There are Families Who are Struggling to Provide a Meal for Their Children
or Provide Them with Toys for the Holiday.
Coldwell Banker Residential Brokerage, Leesburg and
The Leesburg & Ashburn Locations of KinderCare
Are Proud to Again Participate in the

Marine Corps Reserve Toys for Tots Drive

Food Drive Benefiting Interfaith Relief a Local Food Bank

Loudoun Community Holiday Coalition
Toys for Tots Drive-Drop off
Through December 11th (New Unwrapped Toys)
Non-Perishable Food Items-Drop off
Through December 21st
Most Needed Items
Canned Meat (tuna or chicken)
100% Fruit Juice
Cereal, Canned Fruits
Chef Boyardee Pop top variety Drop Off Location:
545-A East Market Street
Leesburg, VA 20176
703-771-8888


Community Holiday Coalition - Neighbors Helping Neighbors Collecting Blankets, Glovesand Hats for Seniors and Children.
Through December 9th
KinderCare Locations
Ashburn Locations
44051 Ashburn Shopping Plaza 43323 Railstop Terrace
43599 Golden Meadow Circle 43083 Waxpool Road
And
60 Plaza Street, Leesburg
Drop off Any Items
Monday - Friday 9:00 AM - 5:00 PM

Over the last 4 years FHA purchase home loans has been steadily on the rise. It's increasing presence has been a driving force in the ability to provide low cost mortgages to qualified buyers. Even though guidelines have tightened and the down payment amount has gone up, FHA backed mortgages increased from 344,000 to 461,000 on home purchases from 2008 to 2009 according to www.cnnmoney.com/realestate. That's a 25% increase over last year. But if you think that's alot try 139,000 in 2007 to 461,000 in 2009. So can FHA help get us out of the increasing foreclosure fillings? If FHA will change a few restrictions and allow investors to enter the market, then the answer is yes. Here is how:

1. Get rid of the 90 day seasoning rule on purchases. If homes are in good condition and can pass the FHA inspection, who cares how long someone owned it. By cutting out flip properties you are reducing competition that will help increase prices in the area and give a great finished product to a qualified homebuyer.

2. Allow more investor financing. Even though there has been an increase in sales for first time homebuyers and FHA backed mortgages, we all know that there is going to be a lot of homes needing rescue over the next couple of years. Why not let qualified people purchase these homes and fix them up for resale or rental. If FHA would allow more investors to pick up the tab on repairs of these distressed properties, it would take much less time to turn the property over to a primary resident. Let's face it, no government entity works as fast as the private market!!

3. Destroy HVCC!! Now that one doesn't need much explaining. If you have had appraisal problems this year, you know what I'm talking about.

These are just a few suggestions you can pass along to your local representative or member of congress to get the train moving. The more pro-active we are, the faster we can get back to normal real estate conditions!! That's good for everyone. Have a great day.

All residents of Loudoun County that fall into any of the high risk categories below are eligible to receive the H1N1 vaccination on November 21st at Smart's Mill Middle School in Leesburg. Approximately 1,500 vaccinations will be available and administered on a walk-in, first-come-first-serve basis from 10am-2pm.

HIGH-RISK Categories:

• Pregnant women
• Household contacts and caregivers for children younger than 6 months of age
• Health-care and emergency medical services personnel
• All people from 6 months through 24 years of age
• Persons aged 25 through 64 years who have health conditions associated with higher risk of medical complications from influenza.

For the most up to date information regarding both the seasonal and swine flu, please go to www.loudoun.gov/flu or contact the Loudoun County Health Department directly at 703-771-5512.

As the news of the day keeps telling us that the recovery is on and the housing market is improving, latest statistics have a different take on the subject. According to Realty Trac, there are currently 1481 Bank Owned (REO) homes in Loudoun County and another 830 homes going to public auction. That is a huge supply of homes for buyers out there, but wait.....there's more!!

Right now out of all the homes going through foreclosure there are only 30 for sale. That's right, out of 1481 homes only 30 for sale. So while we have incentive for the buyers out there to purchase with the extension of the tax credit, we are being stifled on the choice of homes. So does that mean this is a buyers market, or sellers market? And how do we get what our buyers want and solve our foreclosure problem?? The answers may suprise you.......

Toll Brothers celebrates a GRAND FINALE SALE of new construction homes in the Waterford Ridge community in Waterford, Virginia. Only 7 home sites remain! Located in Virginia's beautiful wine country, the 3+ acre home sites feature breath-taking, mountain views from that you won't want to take your eyes off of. With over 9 gorgeous floor plans with square footage starting at 3,800-5,000 and priced from the mid $600's, what more could you really ask for?

Feel free to give us a call at (703) 574-3478 for more information on this lovely Toll Brothers community.