Monday, December 14, 2009

Rentals and Sale at the Metro

Update December 14: there are 15 properties for rent at a radius of 0.5m within the Vienna metro station. One bedroom condo starting from $1,350/mo, 2 bedroom condo - from $1,650/mo and townhouse -from $2,000 to $2,795/mo. All the properties are within walking distance to the metro.

If you are smart and want to buy, you may find 1 bedroom condos in Acadia and Marquis from $229,000; 2 bedroom condos from $300,000 and townhouses from $324,000 to $665,000. There are no foreclosures next to the metro on the market, however 5 properties are short sale - and all just steps to the metro. 2 of them are 1 bedroom condos, 2 are 2-bedroom units and 1 - a townhouse. Needless to say, that short sales take longer and require a lot of processing. You have to be selective when chosing a realtor to work with. Get one who is knowledgeable in these transactions. And again if you are thinking of putting your property on the market while being "under water" - make sure to talk to a professional. Call me if you need help.

Godd luck!

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