IN SEARCH OF… Buyer Needs

“IN SEARCH OF… Buyer Needs” is a weekly post listing the types of properties my clients are looking for…. If you own property like this, please reach out to me.

Today is Friday, May 24th, and the hunt continues.  Sadly, there hasn’t been much change in this last in the last week….I have clients in search of the following types of properties….

Rental Investment Properties: I am working with multiple investors who are looking to purchase homes in the Dulles region (Fairfax/Loudoun Counties) to be used as long term rentals. They would find homes that are already occupied with great tenants to be of particular interest. Any property where the “numbers work” would be considered, but generally, we are targeting townhomes or single family homes with market values of $250K- $350K, and rental values of $1700-$2200 (or more). One of these investors is particularly interested in a home in walking distance to downtown Leesburg, for example, the Drymill area (ie. streets of Meherrin/Occuquan/Town Branch) .  My closing this past week was a great example of the type of investment property my clients are seeking. Check out the details here.

“Tear Down” lots (McLean): I am working with a potential buyer who wishes to purchase a home in the Churchill Road Elementary district in Mclean, Virginia (Fairfax County). They particularly like the Broyhill Langley Estates subdivision and Capital View Drive and Dead Run Drive and are targeting lots that are .35-.50 acres. Price range $750-850K depending on lot.

“Tear Down” Lots (Fairfax Co): I have a builder in search of buildable lots in the Vienna, Falls Church and McLean area. Other criteria: minimum of a .25 acre lot, not on a road with a “double yellow line”, probably not a corner lot (unless it was larger than most), not backing to commercial development or a busy road, ideally where other homes have been torn down and re-built.

Leesburg, Single Family Home: I have a couple who is in search of a single family home, 3 bedrooms or more, with basement, in Leesburg, within walking distance to downtown, and close to the bike trails.  Ideally, the home will have a garage – preferrably a 2 car garage. Neighborhoods like Exeter (NE Leesburg) and Ashton Downs (SW Leesburg) are idea. Max price is in the mid $400Ks.

Leesburg, Downtown: I have a couple who are looking for a home in or very close to Downtown Leesburg… although historic homes would be considered, it’s not a requirement. The 15-20 year old homes in the Memorial Drive area would be ideal, and/or the newer Georgetown Mews area (i.e. Old English Drive) would also be perfect. Target price range is the $650-750K price range.
Are you thinking of selling? These are the buyers I am working with RIGHT NOW… but it does change week to week. So if you’re thinking of selling, please be sure to let me know!

Nope… not much change from last week’s post.  We didn’t find what we’re looking for!  I need your help!!

Ironically, I did stumble across a FABULOUS fix & flip opportunity, and submitted an offer on behalf of a client this week – but last week, I didn’t know I was looking for that opportunity….so that is how that goes.

If you’re wanting to buy, check out my listings,  I am expecting a new listing to come on this weekend – a townhome in Exeter (NE Leesburg, VA)….. not sure what day it will be on the market, but sometime between now and Monday.  If you’re interested, reach out to me.