Is Your Cedar Lakes Home Upside Down? Know Your Options

Is Your Home Upside Down? Know Your Options

Consider a Short Sale

*Advantages of a short sale

- Your mortgage company will agree to settle for less than what is owed.
- Sell your home quickly and easily for top market value.
- Pay absolutely no commissions and potentially no closing costs.
- Avoid foreclosure and possible bankruptcy
- Lessen the impact on your credit
- Potentially walk away from the bank with no debt and tax consequences.

Timing is very critical. Do not wait any longer.

Contact us today to get more information about short sales.

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Cedar Lakes Townhomes and Condos Weekly Sales Report Fairfax, VA Townhomes and Condos 9/06/09-10/06/09

MyCedarLakesHome.com

Relevant Real Estate Information for the Cedar Lakes Condo & Townhome Community in Fairfax, VA

INTRODUCTION

We finally got a short sale pushed through in Cedar Lakes. It had been sometime. Unfortunately this one took close to 205 days. We did not sell this one but I know everything that happened in the situation. Multiple buyers backed out and finally a buyer stuck it out and it sold!

We do work with you to sell your home if you mortgage is more than what your home is worth now. We have one of the best law firms to negotiate with the banks. They can almost guarantee it will close 2-4 months.

Townhomes still continue to sell quickly in Cedar Lakes. There is very low inventory so that is pushing prices back up for Townhomes also.

Contact us today to see if now is a good time for you to sell.

As of today (October 6, 2009 11 AM) there are 3 active homes in Cedar Lakes and 4 homes that are currently under contract and 3 homes that have sold in the last 30 days.

Here’s the breakdown of all active listings in MLS:

Condos- 2

Cedar Lakes -2 (One Short Sale, One Regular Sale)
Cedar Lakes A - 0

Townhomes- 1

Carr at Cedar Lakes - 1 (Regular Sale)

NEW LISTINGS

According to MLS, there was 2 new listings this week.


UNDER CONTRACT

According to MLS, there is 1 townhome and 3 condos under contract

Condos

4210V Mozart Brigade Ln #4210V - (119 DOMP) 2bd/2ba
4210X Mozart Brigade Ln #4210X - (9 DOMP) 2bd/2ba
4215 Mozart Brigade Ln #4 - (0 DOMP) 2bd/2ba


TH

4316 Sutler Hill Sq - (3 DOMP) 3bd/3ba


I will have the final numbers for these once they close


SOLD

According to MLS, 4 homes has sold in the last 30 days .

12404 Benjamin Hill Ln - (5 DOMP) 3bd/2ba Regular Sale

Asking Price -$389,900
Sales Price - $380,000
Seller Subsidy -$0

4333 Stevens Battle Ln - (59 DOMP) 3bd/3ba - Regular Sale

Asking Price - $390,000
Sales Price - $370,000
Seller Subsidy - $6,000

4200 Mozart Brigade Ln #P - (205 DOMP) 2bd/2ba - Short Sale (Took 205 days to close)

Asking Price -$259,900
Sales Price - 251,875
Seller Subisdy - $4,239

12481 Hayes Ct #303 - (5 DOMP) 3bd/2ba Regular Sale

Asking Price - $259,900
Sales Price -$270,000
Seller Subsidy -$0




22033

These stats are for all real estate in the 22033 zip code for the Month of August



Fairfax Condos Sold for 2007 vs. 2008 vs. 2009



Fairfax Townhomes Sold for 2007 vs 2008 vs 2009




EXPIRED or WITHDRAWN

There has been 0 listings that have been taken off the market in the last 30 days.


RENTALS -

There are currently 1 townhomes and 1 condos for rent

7 homes have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We team up with a property managemeng group that only charges 8% of the rental price! You won't have to do anything.


OBSERVATIONS


If you are thinking about buying or selling within the next 3 months. Contact us

Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.

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2009-2010 Cedar Lakes Home Sales

Sold More Than 30 Days Ago

4215 Mozart Brigade Ln #33 - 2bd/2ba (75 DOMP) Regular Sale .
Asking Price $240,000 - Sales Price $240,000- Seller Subsidy $5,000

4314 Thomas Brigade Ln - 3bd/3ba (24 DOMP) Regular Sale
Asking Price $415,000 - Sales Price $356,000 - Seller Subsidy $00

2319 Sawtooth Oak Ct - 3bd/4ba (2 DOMP) Regular Sale
Asking Price $749,900 - Sales Price $740,000 - Seller Subsidy $00

4386 Sutler Hill Sq - 3bd/3ba (12 DOMP) Regular Sale
Asking Price $329,900 - Sales Price $341,700- Seller Subsidy $5,000

12451 Hayes Ct #304 - 2bd/2ba (14 DOMP) Regular Sale .
Asking Price $294,900 - Sales Price $289,500 - Seller Subsidy $8,450.00

4320C Cannon Ridge Ct #50 - 2bd/2ba (57 DOMP) Regular Sale .
Asking Price $294,900 - Sales Price $285,000 - Seller Subsidy $00

4336 Thomas Brigade Ln - 3bd/3ba (4 DOMP) Regular Sale .
Asking Price $400,000 - Sales Price $400,000 - Seller Subsidy $00

12471 Hayes Ct #303 - 2bd/2ba (11 DOMP) Regular Sale .
Asking Price $284,900 - Sales Price $275,000 - Seller Subsidy $00

4358 Sutler Hill Sq - 2bd/3ba (15 DOMP) Regular Sale .
Asking Price $359,900 - Sales Price $359,900- Seller Subsidy $4,000

4369 Thomas Brigade Ln- 3bd/3ba (4 DOMP) Regular Sale .
Asking Price $419,000 - Sales Price $410,000 - Seller Subsidy $00

4330 Sutler Hill Sq - 2bd/4ba (14 DOMP) Regular Sale
Asking Price $347,000 - Sales Price $347,000 - Seller Subsidy $5,205.00

4248 Wheeled Caisson Sq - 3bd/4ba (7 DOMP) Regular Sale
Asking Price $359,888 - Sales Price $358,000 - Seller Subsidy $00

12491 Hayes Ct #101 - 2bd/2ba (81 DOMP) Regular Sale
Asking Price $250,000 - Sales Price $250,000 - Seller Subsidy $3,000

4358 Sutler Hill Sq - 2bd/3ba (15 DOMP) Regular Sale
Asking Price $359,900 - Sales Price $359,900 - Seller Subsidy $4,000

4210X Mozart Brigade Ln - 2bd/2ba (72 DOMP) Short Sale
Asking Price $249,927 - Sales Price $250,000 - Seller Subsidy $00

12471 Hayes Ct #202 - 2bd/2ba (8 DOMP ) Regular Sale .
Asking Price $272,500 - Sales Price $274,500 - Seller Subsidy $8,235

4327 Thomas Brigade Ln - 3bd/3ba (7 DOMP) Regular Sale .
Asking Price $399,900 - Sales Price $386,500 - Seller Subsidy $00

4314 Sutler Hill Sq - 3bd/4ba (26 DOMP) Regular Sale
Asking Price $324,900 - Sales Price $324,900 - Seller Subsidy $6,500

11242 Torrie Way #A - 2bd/2ba (17 DOMP) Short Sale
Asking Price $85,000 - Sales Price $75,000 - Seller Subsidy $2,062.70

4380 Sutler Hill Sq - 3bd/4ba (7 DOMP) Regular Sale
Asking Price $349,888 - Sales Price $349,888 - Seller Subsidy $00

12435 Cedar Lakes Dr - 4bd/4ba (16 DOMP) Short Sale
Asking Price $359,900 - Sales Price $345,000 - Seller Subsidy $10,350

4215 Mozard Bridage Ln #35 - 2bd/2ba (54 DOMP) Short Sale
Asking Price - $272,000 - Sales Price - $225,000 - Seller Subsidy - $2,250




2009 Sales - Click Picture below for larger size

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