Archive for the ‘Arlington Condos’ Category

I’m 27 and in 5 yrs my credit went from 750 to 612:

I bought a condo in Arlington, TX when I was 22. I had no debt and was doing really well for myself. FFWD a few years and I ended up dating this guy – who used me and now I have maxed out ccards etc.

I have not had a delinquency ever although my payments are a few days late. Problem is I also had a tenant who skipped town on me so that tripled my issues. I have not been able to afford my HOA dues for a year or more. They charge me $50 everytime i’m late and so far $700 in legal fees have been added to my bill,

I already did a debt consolodation just before my tenant skipped town so yay…i ended up using my credit cards again to survive so my debt doubled. I owe my HOA $7,000. My mortgage (5.25%) and CC debt is probably about $90,000. combined.

I’m depressed – i called out of work today because i can’t stop crying I don’t know who to call. Or who to talk too. I also had to take a pay cut so now I make about $42g’s a year and just paid off an apt lease I had to break – so I just started paying my HOA but its not like they care.

I was told a few weeks ago there was a fire at the condo – so my new tenant has to move out…which means AGAIN I have to pay my mortgage and my own rent…GREAT! I also have to replace and AC unit which will cost $4,500.

So its one crap after the next. I wish selling the condo would help but it won’t – i’ve come too far to lose everything :( .

Sorry about the length. But any advice is appreciated.
I get paid if I call out of work. I have the time to use.

You need to contact a local bankruptcy attorney to find out what your options are. Most will see you free the first consultation. They will look at your debts, assets, income for the last six months and taxes either 3 or 4 years, after reviewing they will be able to tell you what you qualify for. You can get more bankruptcy information at www.usbankruptcy.gov Excellent site for information on each chapter of bankruptcy, how it works and what is required. Good Luck!

John and Cindy McCain own a plethora of houses spread throughout the United States, including: two beachfront condos in Coronado, California, condo in La Jolla, California, a two-unit condominium complex in Phoenix, Arizona, three ranch houses located outside of Sedona, Arizona, a high-rise condo in Arlington, Virginia, a rental loft, and, according to GQ, a loft they bought for their daughter, Meghan.

In recent weeks, Democrats have stepped up their effort to caricature McCain as living an outlandishly rich lifestyle — a bit of payback to the GOP for portraying Sen. Barack Obama (D-Ill.) as an elitist, and for turning the spotlight in 2004 on the five homes owned by Sen. John F. Kerry (D-Mass.) and his wife, Teresa Heinz Kerry.

Pro-Obama labor groups have sent out mailers highlighting McCain’s wealth, and prominent Democrats have included references to it in comments to reporters.

Twice in the past two weeks, those Democrats have focused on McCain’s houses.

Sen. Charles Schumer (D-N.Y.) told Politico’s Ben Smith that it was McCain "who wears $500 shoes, has six houses and comes from one of the richest families in his state."

And David Axelrod, Obama’s chief strategist, referred in an interview with Adam Nagourney of The New York Times to an imagined meeting of McCain strategists "on the portico of the McCain estate in Sedona — or maybe in one of his six other houses."

Mccain called Obama an elitist what a joke!

I think everyone knows who the elitist is now.

I just want to puke when cons defend McCain by saying stuff like "good for McCain, hard work pays off, etc., etc., etc.,"

News flash to cons. McCain didn’t get his loot through hard work. He married it. Cindy didn’t get her loot through hard work, either. She inherited it.

And of course, the charming thing is that those are the same cons who in 2004 crucified Kerry for having a ton of money

Just makes me want to puke.

John and Cindy McCain own a plethora of houses spread throughout the United States, including: two beachfront condos in Coronado, California, condo in La Jolla, California, a two-unit condominium complex in Phoenix, Arizona, three ranch houses located outside of Sedona, Arizona, a high-rise condo in Arlington, Virginia, a rental loft, and, according to GQ, a loft they bought for their daughter, Meghan.

In recent weeks, Democrats have stepped up their effort to caricature McCain as living an outlandishly rich lifestyle — a bit of payback to the GOP for portraying Sen. Barack Obama (D-Ill.) as an elitist, and for turning the spotlight in 2004 on the five homes owned by Sen. John F. Kerry (D-Mass.) and his wife, Teresa Heinz Kerry.

Pro-Obama labor groups have sent out mailers highlighting McCain’s wealth, and prominent Democrats have included references to it in comments to reporters.

Twice in the past two weeks, those Democrats have focused on McCain’s houses.

Sen. Charles Schumer (D-N.Y.) told Politico’s Ben Smith that it was McCain "who wears $500 shoes, has six houses and comes from one of the richest families in his state."

And David Axelrod, Obama’s chief strategist, referred in an interview with Adam Nagourney of The New York Times to an imagined meeting of McCain strategists "on the portico of the McCain estate in Sedona — or maybe in one of his six other houses."

Mccain called Obama an elitist what a joke!

I think everyone knows who the elitist is now.

I just want to puke when cons defend McCain by saying stuff like "good for McCain, hard work pays off, etc., etc., etc.,"

News flash to cons. McCain didn’t get his loot through hard work. He married it. Cindy didn’t get her loot through hard work, either. She inherited it.

And of course, the charming thing is that those are the same cons who in 2004 crucified Kerry for having a ton of money

Just makes me want to puke.

My wife and I are relocating to the Boston area from Washington DC this summer. I will be working in Cambridge and she will be working in the government center, which I believe is in the in the financial district. Anyways, we are having some difficulty deciding where to look for housing. Admittedly, we are suburbanites, but the idea of living in the city intrigues us so we are not opposed to a buying a condo/duplex in the city. I guess the things that are most important to us (in no particular order) are: 1. Safety; 2: Commuting Time; 3: Price; 4: proximity to a nice downtown/shopping area (walking distance preffered, we walk a lot in DC); and 5: resale value (we want to minimize the chance we will lose money over time).

Anyone have any suggestions? I know the above criteria are vague, but to give you a starting point, we are currently considering Charlestown, Waltham, Watertown, Belmont, and Arlington. Thanks in advance.

If you don’t find the answers that you seek here, let me know and I can have a Boston area specialist contact you to help out!

Good luck!

My wife and I are relocating to the Boston area from Washington DC this summer. I will be working in Cambridge and she will be working in the government center, which I believe is in the in the financial district. Anyways, we are having some difficulty deciding where to look for housing. Admittedly, we are suburbanites, but the idea of living in the city intrigues us so we are not opposed to a buying a condo/duplex in the city. I guess the things that are most important to us (in no particular order) are: 1. Safety; 2: Commuting Time; 3: Price; 4: proximity to a nice downtown/shopping area (walking distance preffered, we walk a lot in DC); and 5: resale value (we want to minimize the chance we will lose money over time).

Anyone have any suggestions? I know the above criteria are vague, but to give you a starting point, we are currently considering Charlestown, Waltham, Watertown, Belmont, and Arlington. Thanks in advance.

If you don’t find the answers that you seek here, let me know and I can have a Boston area specialist contact you to help out!

Good luck!

I’m a young IT professional in DC, single and looking to the possibilities of buying a condo/townhouse in the area. After my preliminary online research, I found my budget (i.e. <=350K) is barely enough for a new 1 bedroom condo in Arlington or NW DC. My options are limited unless I extend my search area to further suburbs (e.g. Fairfax, Reston, Herndon or Montgomery County). It seems I can even afford a 2-br condo/townhouse in some of those areas for my price range!

Since my total commute time to work has always been within 30 minutes on foot or by Metro, I could be doubling or even tripling my current daily commute should I move so far away. Is it worthwhile just for the sake of "investment", especially in such an unpredictable real estate market? But there is a bright side of the suburbs – the IT job market demand is also strong in Northern VA, in case I plan on a change of environment in the future.

So I’m bewildered. Your thoughts/suggestions are greatly appreciated. Thanks.

There was a recent NYT article about the DC condo market. How many of the recently completed or planned condo units are being converted (sometimes converted back) to apartments.

There are lots of condos so the market will be soft or depressed for some time to come. This is true in many city center locations as too many condos were planned.

Buying a well located condo that you will hold long term can still be a good idea if you can afford to do so. You should assume that you might want to rent it if you decide to move as selling at that time might not be a great option.

Condos that have lots of fees are a problem as rarely will a tenant want to pay enough to cover the extra fees. This does vary a bit based on what if offered.

Having a condo that you can afford is critical. Maybe the better way to state it is if you do decide that buying a condo makes sense then focus on one can can afford. Buying a condo might not be a good idea compared to just renting when the market for sales is soft.

You could look to buy a home and rent a bedroom by getting a roommate. This is how I started. I was buying during another time when the condo market was soft. Houses always tend to do better then condos unless you are very city center where there are few houses that anyone can afford.

If you do decide to commute then doing do from another strong market for your services makes a lot of sense. It also could be a better market if you later rent the unit or decide to sell. When buying always think really hard about what the area looks like to buyers when it comes time for you to sell.

I’m a young IT professional in DC, single and looking to the possibilities of buying a condo/townhouse in the area. After my preliminary online research, I found my budget (i.e. <=350K) is barely enough for a new 1 bedroom condo in Arlington or NW DC. My options are limited unless I extend my search area to further suburbs (e.g. Fairfax, Reston, Herndon or Montgomery County). It seems I can even afford a 2-br condo/townhouse in some of those areas for my price range!

Since my total commute time to work has always been within 30 minutes on foot or by Metro, I could be doubling or even tripling my current daily commute should I move so far away. Is it worthwhile just for the sake of "investment", especially in such an unpredictable real estate market? But there is a bright side of the suburbs – the IT job market demand is also strong in Northern VA, in case I plan on a change of environment in the future.

So I’m bewildered. Your thoughts/suggestions are greatly appreciated. Thanks.

There was a recent NYT article about the DC condo market. How many of the recently completed or planned condo units are being converted (sometimes converted back) to apartments.

There are lots of condos so the market will be soft or depressed for some time to come. This is true in many city center locations as too many condos were planned.

Buying a well located condo that you will hold long term can still be a good idea if you can afford to do so. You should assume that you might want to rent it if you decide to move as selling at that time might not be a great option.

Condos that have lots of fees are a problem as rarely will a tenant want to pay enough to cover the extra fees. This does vary a bit based on what if offered.

Having a condo that you can afford is critical. Maybe the better way to state it is if you do decide that buying a condo makes sense then focus on one can can afford. Buying a condo might not be a good idea compared to just renting when the market for sales is soft.

You could look to buy a home and rent a bedroom by getting a roommate. This is how I started. I was buying during another time when the condo market was soft. Houses always tend to do better then condos unless you are very city center where there are few houses that anyone can afford.

If you do decide to commute then doing do from another strong market for your services makes a lot of sense. It also could be a better market if you later rent the unit or decide to sell. When buying always think really hard about what the area looks like to buyers when it comes time for you to sell.

My wife and I are first time home buyers and are looking for a Condo. We have it narrowed down to the above three towns and are looking for pros and cons of each. Which would you move to if you were a married first time homebuyer?

Thanks!

Schaumburg
I live in Schaumburg, near Roselle and Schaumburg Roads. Everything you need is right here within walking distance. Groceries, salons, schools, restaurants, parks, banks, drug stores. And the neighbors are great.

Hi, I am relocating from Dallas, TX to Arlington, VA. I am a 29F professional. Where are some good palces to live. I am looking at Courthouse, Ballston, Clarendon areas. Any complexes you think are good? Pref. I would like to rent a condo. I can’t find any on Craig’s List I am crazy about and not sure how to find the niche. any thoughts?

Check out the Washington Post – good paper. Check out Real Estate companies. I liked McLean and Old Dominion Dr.
To get to D.C. just cross Key bridge, a stone throw from Old D. in Arlington .
Good luck

I’m looking to move to Chicago. I heard the NW is newer and cleaner and just overall safer and more modern (like for ex: Arlington Heights, which has a business district). Is it true?

What area would you recommend (for condo buyer)?

Any other stuff a new resident should know abt the area?

There are many excellent suburbs in the Chicago area and it depends upon what you want in a neighborhood. Do you have children that will be attending school? Do you want a vibrant nightlife area, do you want a shopping district? A mix of all of the above? Would you prefer to be closer to the city, farther away and commute?

I would suggest you check out Evanston, Schaumburg, and (not NW but a nice community) Park Forest. There are also some great areas in the city. Don’t overlook Lincoln Park as a great community to live, work and play.

Best of luck to you.