For BEACON HILL, located in Leesburg, Virginia 20176 - the last 365 days of listing statistics show that 14% of all homes listed in the Metropolitan Regional Information Systems (MRIS) database were short sales.

If you are currently experiencing a personal or professional hardship and are behind on mortgage payments, you are certainly not alone. Hundreds of thousands of other Americans are in the same position, and there is no easy way out. But you do have choices, and you should take a look at all of them before deciding what to do.

You can:

• File bankruptcy
• Let the bank foreclose
• List your home as a short sale
• Apply for a loan modification
• Refinance
• Contact a credit counselor and get assistance with renegotiation
• Sell to an investor

Bankruptcy has helped some consumers. The courts now have the authority to let you keep your home and either forgive a portion of your debt or modify the terms so you can make the payments. If you're also buried in medical bills, credit card debt, or other obligations you simply can't meet, this might be the best solution.

But... bankruptcy stays on your credit report for 10 years and could keep you from moving forward in life. In addition, it places some restrictions on your life that you might find very unpleasant. It might not be the best choice for you.

Foreclosure is another option. You can simply quit making the payments and stay there until they knock on the door and tell you the bank now owns your home. For some this is a chance to live rent and payment free for several months and put away some money for a deposit on a rental home. But again - the effect on your credit rating is dire.

In addition, you run the risk of a huge financial obligation that will follow you around forever. When the bank sells your house at a loss because the market has fallen, they might be able to come back on you to make up the "deficiency" between your mortgage balance and the dollars they collected from the sale of the house. This is another area where the rules keep changing, so please check this before you act.

If done correctly, a Short Sale could be the best option for you. You list and sell the house for the current fair market value and walk away with no money, but a fresh start. At least, that's what will happen if you list the house with an agent like me who is experienced in handling successful short sales.

The truth is your lender can also come back to you for a deficiency in a short sale. It's one of those details that must be negotiated with the asset manager and the lender before you sign the closing papers.

Unfortunately, many real estate agents today are listing short sale properties without knowing how to conduct that negotiation, and their sellers are paying the price for that lack of knowledge. In other cases, listings that begin as short sales end up going into foreclosure. Why? Again - because the agent lacked experience and knowledge.

Success in a short sale relies on 3 primary areas of expertise: Pricing, Paperwork, and Persistence. Before you list with any agent you need to know that he or she is skilled in all three areas. Otherwise, you could end up in foreclosure despite your best efforts.

To learn how you can participate in a successful short sale, you can call me at 703-635-0388 for a personal and private consultation in your home or at my office. I promise to maintain the utmost confidentiality and respect your privacy handling this highly sensitive matter.

BEACON HILL – Homes for Sale, Leesburg VA 20176

Beacon Hill – Beacon Hill, an 1100-acre luxury estate single-family home community nestled in the rolling foothills of the Appalachia Mountains. Beacon Hill is just outside the town limits of Leesburg, Virginia at the intersection of Routes 7 and 9. Luxury architecture abounds in this custom home community with Colonial themes predominating. Beacon Hill is surrounded by majestic mountain views and has a member’s only 27-hole championship golf course. The residents of Beacon Hill also have the pleasure of an Equestrian Center with stately barns, stables and miles of riding trails. Beacon Hill is country living with the conveniences of city life.

Spend an afternoon searching for antiques in downtown Leesburg or head over to the outstanding shopping just moments away at the Dulles Town Center or the Leesburg Premium Outlets! The Washington and Old Dominion rail line has been transformed into a paved hiking and bicycling trail and is easily accessed via the back entrance to Beacon Hill at Route 9 where it crosses Route 7.

Beacon Hill has immediate access to the Leesburg Bypass and the Dulles Greenway (toll road). Beacon Hill is only five minutes from the Leesburg Executive airport and less then 30 minutes from the Dulls International Airport.

Beacon Hill is served by the outstanding Loudoun County Public Schools. Students in elementary school attend Frances Hazel Reid Elementary School. Students in middle school attend Smarts Mill Middle School. Students in high school attend Tuscarora High School. Refer to http://www.Greatschools.org for more information on the schools of Beacon Hill.

LCPS - http://www.lcps.org/site/default.aspx?PageID=1

Frances Hazel Reid ES - http://lcps.org/reid

Smarts Mill MS - http://lcps.org/smarts

Tuscarora HS - http://lcps.org/Tuscarora

Average HOA fee for BEACON HILL is $127/month

RECENT SALES ACTIVITY for BEACON HILL:

Active LO7749418 16897 Bold Venture Dr, Leesburg $1,399,000 5 5 1 3.00 3 3 Y 3.27 11 15/227 Beacon Hill Detached/Colonial 5,293

Active LO7733288 40389 Beacon Hill Dr, Leesburg $969,900 5 5 1 3.00 2 3 Y 3.00 12 52/424 Beacon Hill Detached/Colonial 5,717

Active LO7729845 40871 Spectacular Bid Pl, Leesburg $1,175,000 4 4 2 3.00 1 3 Y 1.58 8 63/135 Beacon Hill Detached/Colonial 5,162

Active LO7689447 17054 Bold Venture Dr, Leesburg $1,799,000 5 4 2 2.00 5 4 Y 3.01 11 129/244 Beacon Hill Detached/Federal 4,612

Active LO7666067 40925 Alysheba Dr, Leesburg $1,197,000 4 4 1 3.00 1 3 Y 3.16 0 167/283 Beacon Hill Detached/French Country 0

Active LO7662784 40276 Iron Liege Ct, Leesburg $949,900 5 4 1 3.00 2 3 Y 0.73 10 165/165 Beacon Hill Detached/Colonial 4,914

Active LO7541031 40293 Beacon Hill Dr, Leesburg $1,499,950 7 6 3 3.00 5 3 Y 3.00 11 325/325 Beacon Hill Detached/Colonial 5,169

Active LO7525912 17131 Silver Charm Pl, Leesburg $1,780,000 6 4 1 3.00 4 4 Y 6.96 162 349/349 Beacon Hill Detached/Colonial 4,354

Cntg/No K LO7738200 40867 Spectacular Bid Pl, Leesburg $575,000 4 4 1 3.00 2 3 Y 1.66 10 7/7 Beacon Hill Detached/Colonial 5,343

Cntg/No K LO7568492 41043 Alysheba Dr, Leesburg $1,286,000 5 5 2 3.00 4 3 Y 11.62 6 279/279 Beacon Hill Detached/Colonial 5,998

Cntg/No K LO7463122 40163 Beacon Hill Dr, Leesburg $739,000 4 4 1 3.00 2 3 Y 3.00 6 383/383 Beacon Hill Detached/Colonial 5,450

Sold LO7593398 40702 Black Gold Pl, Leesburg $780,000 4 5 1 3.00 4 3 Y 0.83 8 77/416 Beacon Hill Detached/Colonial 4,986

Sold LO7661479 17057 Winning Colors Pl, Leesburg $1,300,000 5 4 1 3.00 3 3 Y 0.77 8 29/29 Beacon Hill Detached/Colonial 5,091

Sold LO7508259 16987 Bold Venture Dr, Leesburg $1,800,000 5 4 2 3.00 4 5 Y 3.00 7 224/515 Beacon Hill Detached/French Provinc 8,115

Sold LO7443276 40268 Spectacular Bid Pl, Leesburg $1,175,000 5 5 1 3.00 2 3 Y 5.15 10 300/300 Beacon Hill Detached/Colonial 5,557

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Beacon Hill Luxury Golf Homes for Sale Leesburg VA

Find luxury golf homes and estates for sale in the sought after Beacon Hill community in Leesburg VA near the intersection of route 7 and 9.  Beacon Hill is a luxury homes golf community that is sited on over 1000 acres.  The Beacon Hill community in Leesburg VA enjoys mountain views, a 27 hole members only golf club and equestrian center.  For more information on homes for sale in Beacon Hill in Leesburg VA please do not hesitate to contact us.  It will be our pleasure to assist you.  Find homes for sale in Beacon Hill below!

Beacon Hill Homes for Sale Leesburg VA

The community of BEACON HILL resides in Leesburg, VA 20176 and features a variety of Single Family Homes (SFH) homes at price points to fit the most distinguished client.

Since 2002 I've personally enjoyed living in Loudoun County, Virginia and Leesburg, among various communities to include Potomac Station, Lansdowne, Selma Estates today - and would not give up the peacefulness of northwest Loudoun County for anything!

BEACON HILL is family-friendly environment with amenities such as Common Grounds, Golf Club, Horse Trails, Riding/Stables, Snow and Trash removal.

Schools in BEACON HILL: Elementary: FRANCES HAZEL REID, Middle: SMARTS MILL, High: LOUDOUN COUNTY

Median Build Year of Single Family Homes in BEACON HILL: 2002

Average Liveable Square Footage of Single Family Homes in BEACON HILL: 5049 sf (approximate)

HOA Fees for Single Family Homes in BEACON HILL: $128

Demographics and Statistics for Leesburg, 20176

30 Day Real Estate Snapshot for BEACON HILL, Leesburg, VA 20176:

9 ACTIVE HOMES FOR SALE average price $1,439,110 @ 86 Days on Market (DOM)

2 UNDER CONTRACT average price $2,260,000 @ 40 Days on Market (DOM)

1 SOLD average price $846,000 @ 24 Days on Market (DOM)

Prices for single family homes in BEACON HILL range from: $846,000 to $2,288,900

Remember to Keep your Buying or Selling Strategy Simple. It's easy (and perfectly normal) to get overwhelmed with details, making the direction you should be heading a little unclear. Consult with an agent with local area expertise to determine what's really imporant to you, and let them help set a strategy with a timeline.

SELLER'S TIP: It's safe to assume that by entering your home into the MLS buyers who are already in the market will see your home...but what is that agent doing to market to those who are not currently in the market to buy...but might if presented with the right opportunity? When interivewing agents, make sure to pin them down not only on their marketing plan with timelines...but what their internet marketing plan is for your home.

Request your complimentary market analysis for your BEACON HILL home today.

BUYER'S TIP: Interest rates won't stay down forever. The Fed knows exactly what they're doing in holding rates artifically low for the time being. Now is the time to take advantage of cheap money for your long-term investment. And for every 1/4 point interest rates rise, a buyer will lose out on $25,000 in purchasing power.

Find the most current active and available properties in BEACON HILL and surrounding communities.

Beacon Hill is a sought after luxury homes equestrian community located in Leesburg VA in Loudoun County Virginia. It is an equestrian community that has so much more to offer. The Beacon Hill community is located on 1100 acres and overlooking a 27 hole golf course for "members only." Beacon Hills with its natural beauty and fine equestrian community with surrounding mountain views, and riding trails is without equal in the DC area. For more information please feel free to contact us. As of today there are currently 12 Active homes for sale in Beacon Hills listed in the MLS.

View homes currently on the market for sale in the Beacon Hill