House Hunt: Oct. 13 Edition

As the color of each leaf starts to change, and we head toward the holiday season, one can find it a bit hard to focus on finding a new home.

So you won’t waste time narrowing down your choices, we provide you with some of the best picks in the area. This week, we’re taking a look at some affordable homes in the $400,000 range, all found through AOL Real Estate online.

Since one of the most frustrating parts about looking for a new home is chasing one that turns out to be unavailable, Patch’s House Hunt only lists the latest active listings. As some real estate terms are often confusing or misleading, check out our terms of the week to help clarify those used in ads or, when speaking with your real estate agent or banker.

Amortization Schedule: Table that shows how much of each of your payments will be applied toward the principal, and how much will be applied to interest over the life of the loan. It also shows the gradual decrease of the loan balance until it reaches zero.

Construction Loan:  A short-term, interim loan used to finance construction cost. It is the lender who will make payments to the builder during periodic intervals as the work on a new home progresses.

Earnest Money Deposit (EMD): Typically, a potential buyer is asked to put down either a percentage of the house or, a flat-rate deposit with the proposed contract to show that he or she is serious about purchasing the new property.

Featured Properties:

1. Address: 7629 Holbrook Court Manassas, VA 20112

Community: Meadowbrook Woods

Price: $499,900

Beds/Bath: 4/2.5

Sq. Ft: 3,144

Stories: 3

Year Built: 2000

MLS#: PW7692057

Status: Active

2. Address: 7504 Outback Court Manassas, VA 20112

Community: Independence

Price: $ 474,900

Beds/Bath: 5/3

Lot Size: 3,048

Stories: 3

Year Built: 2000

MLS#: PW7564768

Status: Active

3. Address: 10649 Tattersall Drive Manassas, VA 20112

Community: Parkway West

Price: $ 469,999         

Beds/Bath: 5/3.5

Sq. Ft.: 3,895

Stories: 3

Year Built: 2006

MLS#: PW7695960

Status: Active

4. Address: 8434 Mineral Springs Drive Manassas, VA 20112

Community: Parkway West   

Price: $449,900

Beds/Bath: 7/6

Lot Size: 5,164

Stories: 3

Year Built: 2008

MLS#: PW7693856

Status: Active

5. Address: 14135 Baneberry Circle Manassas, VA 20112

Community: White Oaks Estates

Price: $414,900

Beds/Bath: 4/2.5

Sq. Ft.: 2,870

Stories: 3

Year Built: 2005

MLS#: PW7652964

Status: Active

If the listings above are not what you’re looking for, check out AOL Real Estate for more. And if you’ve checked out one of featured homes or any home listed on AOL Real Estate, be sure to drop us a line and let us know what you think. Next week, we’ll feature homes in the $200,000 range.