Loudoun County VA Real Estate & Neighborhood Information

Archive for the 'Local Issues' Category

Give Me Back My Money!

Categories: Local Issues Posted on May 1st, 2008

If you were one of the home owners who sold your home between January 1st of this year through  March 3rd you most likely paid WAY TOOOO MUCH to Uncle Sam for your Grantor's Tax.   You can read about it more in this previous article that I wrote called "So...

Written by Jon Bunn Please leave a comment.

Loudoun County 2008 Property Tax Increase

Categories: Local Issues, Loudoun County Posted on April 10th, 2008

Since the property values assessed by the county have declined, Loudoun county decided to make it up by increasing our tax rate to $1.14 per $100 of the assessed value.   This increase will affect the average home owner by an average of $308!  Oh how I love big government.  Sorry, I can't help myself at...

Written by Jon Bunn 1 Comment »

Letting The Cat Out Of The Bag On Short Sales

Categories: Local Issues, Short Sales & Foreclosures Posted on April 3rd, 2008

  There has been a conspiracy for years that Walmart will offer the lowest prices and when everyone else is out of business they will raise prices since we will have to use their services.  I am not convinced of this argument, but their is a similar issue taking place in...

Written by Jon Bunn 5 Comments »

So Long Grantors Tax- Huge Update

Categories: For Homeowners, Local Issues, Real Estate News Posted on March 4th, 2008

This past Friday I posted one of the few articles in the area concerning the VA Supreme Court ruling concerning the Grantor's Tax in the article: What The VA Supreme Court Did Today That Gives Sellers A Reason To Dance! Up until now we have not known what the effects of this judgement would mean. ...

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3 Reasons You Should NEVER CONSIDER A Short Sale

Categories: Buyers, Local Issues, Short Sales & Foreclosures Posted on March 3rd, 2008

I had a stroke of metaphorical brilliance this morning while speaking with a client.  The more I deal with and learn about short sales the more I see them as the worst thing that has ever hit the real estate market.  The problem is that clients are easily allured by them...

Written by Jon Bunn 3 Comments »