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Old 07-01-2009, 03:09 PM
 
3 posts, read 5,197 times
Reputation: 10

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Hello:

I recently graduated and started a job located at Ft. Belvoir off-post. I commute from Stafford currently and am interested in moving to the Woodbridge area in the not too distant future.

Unlike many my age, I am not looking to rent a room or condo, I would prefer to invest in a house or townhouse. It seems a townhouse would be more realistic for my price range, which is no more than 190-200k.

Any suggestions on neighborhoods or developments would be appreciated. I am not too concerned with school districts for the next 4-5 years as I don't plan on having kids, but would prefer a decent safe neighborhood

Thanks!
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Old 07-01-2009, 05:00 PM
 
131 posts, read 371,263 times
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I think belmont bay would be ideal for you. Potomac club would be an option but more expensive. You're probably aware that there aren't many single professionals anywhere in woodbridge though.
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Old 07-01-2009, 05:17 PM
 
3 posts, read 5,197 times
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Default Very Nice

Quote:
Originally Posted by qwertman View Post
I think belmont bay would be ideal for you. Potomac club would be an option but more expensive. You're probably aware that there aren't many single professionals anywhere in woodbridge though.
From what I can see Belmont Bay looks very nice, but 225,000 for a condo not sure I can afford that. Of course I haven't actually talked to a lender yet to see what I could get approved for but still. I will definitely check it out though!
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Old 07-01-2009, 06:44 PM
 
446 posts, read 1,486,628 times
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I don't know--seems like it would be tough to be a young professional in Woodbridge when all the action is up in Arlington and DC.

That being said, the most important question here is.....can you manage the loan payment on a house alongside all the repairs and insurance and everything else that comes with home ownership? Sometimes that can be a lot to swallow when you have just graduated. Best to be debt free with a six month emergency fund before you even go see a realtor.

Good luck to you.
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Old 07-02-2009, 12:32 PM
 
Location: Censorshipville...
2,681 posts, read 6,240,850 times
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Check out Lake Ridge. There are affordable townhouses there. My friend just bought an investment property for $175k and then turned around and rented it out to the previous owners (it was a shortsale).

I just recently bought a foreclosure in the Harbors of Newport for $162.5k. It needs work, but by the time I'm done I don't think I'll spend $15k on it. It's an older house built in the late 70's, but it's in a good neighborhood and a larger lot than a lot of the newer "starter homes". If you don't want to do as much yard work or maintenance, then look at a townhome.

There are young professionals in Woodbridge. I'm one. I'm turning 29 on Saturday. I've worked IT in DC and Alexandria, but now work in Manassas. It's not a bad time to buy a house and you'll qualify for the 8k first time buyers credit if you buy before the end of the year. Good luck to you.
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Old 07-07-2009, 01:35 PM
 
12 posts, read 56,802 times
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Potomac Club is a nice community and commuting from Woodbridge into DC isn't all that bad with the Metro and VRE options.
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Old 07-10-2009, 08:45 AM
 
3 posts, read 5,197 times
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Default o.O

Quote:
Originally Posted by oneasterisk View Post
Check out Lake Ridge. There are affordable townhouses there. My friend just bought an investment property for $175k and then turned around and rented it out to the previous owners (it was a shortsale).

I just recently bought a foreclosure in the Harbors of Newport for $162.5k. It needs work, but by the time I'm done I don't think I'll spend $15k on it. It's an older house built in the late 70's, but it's in a good neighborhood and a larger lot than a lot of the newer "starter homes". If you don't want to do as much yard work or maintenance, then look at a townhome.

There are young professionals in Woodbridge. I'm one. I'm turning 29 on Saturday. I've worked IT in DC and Alexandria, but now work in Manassas. It's not a bad time to buy a house and you'll qualify for the 8k first time buyers credit if you buy before the end of the year. Good luck to you.

Thank you for your reply. I was hesitant on the seemingly "too cheap" townhouses I have browsed through in that area. The price is awesome, and I'm glad to hear from someone who has had experience in that area and at that price point. Every day I commute from Stafford I am convinced a little more to move before the end of the year
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