Winchester VA Homes For Sale

The first pages of Market Advantage Real Estate, LLC’s new, Winchester VA Homes For Sale site went live today. The brokerage, formed in 2004, has already completed several sales in the Winchester VA area and now seeks to be the premier online marketing brokerage for the area.

With 90%+ of all buyers beginning their search for a new home on the internet, and less than 10% not, Market Advantage Real Estate is projecting very positive response to its presence in the market as well as rapid growth of market share as the highly educated and tech savvy community in Winchester VA recognize the benefits of having their property listed front and center of one of the few locally controlled sites at the top of popular search engines like Bing, Google, and Yahoo.

Administered by the Loudoun County Department of Family Services, the program offers grants in the amounts of $5,000 for the purchase of a home located anywhere within the county; $15,000 for the purchase of a foreclosed, bank-owned property in the county; or $25,000 for the purchase of a property in Loudoun County’s Neighborhood Stabilization Program (NSP) designated neighborhoods.  More information on the NSP neighborhoods can be found at www.loudoun.gov/nsp.

Loans are forgivable at 20% of the loan amount annually over a five-year period, providing the employee does not leave employment, sell the home or no longer occupies the residence.  If any of the above occurs, repayment of the remaining non-forgiven funds will become due and payable to the county either through repayment with proceeds of the sale or conversion to a repayable loan at 3% interest.

Standard eligibility requirements apply.  Funds are limited and available on a first-come, first-served basis. Eligibility requirements for the program include:

• Must be a full or part-time (minimum 20 hours per week) non-probationary employee
• Shall not have been a resident of Loudoun County during the preceding 12 months. Note that first-time homebuyers are exempt from the residency requirement.
• Cannot own another home or real estate.  Sale of currently owned property outside the county must be finalized prior to settlement on new property
• Must meet current eligible income range of $31,050 through $72,450, regardless of family size

For more information about the program and application procedure, contact Karen Thorson, Loan Specialist, at 571-258-3814 orkaren.thorson@loudoun.gov.

Among the changes are increases to income levels, and a generous cap of $800,000 on purchase cost.

More detail is available at VAHome.net.

This site is launching in support of consumer empowerment and savings in real estate.

Looking for cash out of a first time home purchase is the smart thing to do, but  not every state offers a first time buyer grant. Fortunately, we can help. By partnering as an information distribution site, we are doing our part to get the word out about the VIP-CashBack membership offered by Insider Homes. Below are links to information on all the ways that the Insider Homes membership can put cash in your pocket both when you buy or when you sell. Take a look at the ones that apply to you.

Buying a home

Listing a home for sale

Looking for a top realty professionals at a discount agent commission

Want to put thousands of dollars in your pocket when you buy or even sell