“Real estate closings are hobbled, sometimes even derailed, by a seller’s last-minute adjustment of terms. What the buyer had believed was included in the transaction — the Viking stove, the Sub-Zero refrigerator, the sconces in the living room, the fresco in the dining room, the brass carpet rods on the staircase — isn’t part of the deal after all.”
—What sellers leave behind(via NYTimes Real Estate)
Local Real Estate News Via the Washington Business Journal: “Minh Le and his company, 22 Capital Partners, are proposing to build Gramercy District, a 2.5 million-square-foot, $500 million development on 16 acres fronting the north side of the Dulles Greenway, adjacent to the planned Ashburn Metro station on the Silver Line. Le has landed a Fortune 50 partner in Microsoft Corp.as a co-investor that will bring its expertise, its people and its capital to bear.”
Here are the five least expensive options for buyers to become homeowners in Reston.
2313 Freetown Ct., #2B — This 2 bedroom, 1 bathroom basement condo unit in Glenvale offers 884 square feet of living space. Built in 1973, the development offers on-site parking (unassigned), in-unit washer/dryer. The condo fees ($330/month) cover water, reserve funds, lawn care, heat, gas and trash removal. Listed at $155,000.
Ever the Curious George, I searched for the five most expensive homes currently on the market in Reston. Here’s what more than $1 million will buy you just east of Dulles Airport.
1830 Fountain Drive, #1505— This 3 bedroom, 3.5 bathroom penthouse condo at Paramont is listed at $1,549,900. With 3,000 square feet, the unit offers panoramic views, floor-to-ceiling windows and hardwood floors throughout, and comes with three parking spaces and a storage unit. The condo fees are $1,178/month.