20852 : Advice

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Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
What do Real Estate Agents really want from a Title Company and Settlement Agent? People are not files or numbers, they are people and want answers!
Complete a title search upon receiving the closing order to identify any problems early. Then make sure the buyer, seller and agents understand the paperwork, the numbers and the proces ... more
0 votes Share Flag Wed Aug 13, 2014 Home Buying in 20852
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
4 Mos. R. E. Tax Esc
Yes, when you close on a new home you will need to place enough money in your escrow account to have a full payment in there on the next tax due date. So depending on the time of year ... more
0 votes Share Flag Wed Jan 22, 2014 Home Buying in 20852
Bridgette Ch…, Real Estate Pro in Bowie, MD
Bridgette Chase answered:
Is the market slowing down?
Hi Diego!

The market is a little slow, but stable. Although refinancing in slow down a bit. However, things are well. But it depends on your perspective.

Bridgette "Kyria" Cha ... more
0 votes Share Flag Mon Sep 23, 2013 Home Buying in 20852
Caryn Elder, Real Estate Pro in Montgomery County, MD
Caryn Elder answered:
First-time home buyer question about financing/tax/etc. implications of purchasing and then renting out...
There are many diffeent facets wehn buying an investment condo. The down payment is larger (20 to 25%), the interest rates are higher, and you must qualify for the mortgage payment and ... more
0 votes Share Flag Mon Sep 23, 2013 Home Buying in 20852
Tammy Durbin,…, Real Estate Pro in 21771
Tammy Durbin, e-PRO, GRI, SFR answered:
Good time to sell?
I think it is a great time to sell. Inventory is low. We have a lot of buyers but not enough houses.
0 votes Share Flag Wed Mar 6, 2013 Home Selling in 20852
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
what are the best ways to market your home?
Hi, Marketing is the second most important aspect of selling your home. The reason many for sale by owner's don't have success is because they don't know where to begin with the market ... more
0 votes Share Flag Wed Mar 6, 2013 Home Selling in 20852
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
when to decide to have an open house?
The efficiency of an open house is regional. In our location they are an effective piece of any marketing plan because they produce activity. In other locations, where weather and seaso ... more
0 votes Share Flag Wed Mar 6, 2013 Home Selling in 20852
Russ Ravary, Real Estate Pro in 48322
Russ Ravary answered:
What are the advantages/disadvantages for listing the home slightly above the market value OR slightly below the market value?
If it is a hot market and your house is in great shape then you should be listing at slightly above market value. If your area is a buyers market and you have a lot of competition then ... more
0 votes Share Flag Wed Mar 6, 2013 Home Selling in 20852
Russ Ravary, Real Estate Pro in 48322
Russ Ravary answered:
Standard financing contingency
Usually 30 days is the common number in Michigan. The banks should know by then
0 votes Share Flag Wed Mar 6, 2013 Home Selling in 20852
Russ Ravary, Real Estate Pro in 48322
Russ Ravary answered:
how listing agent market their listing properties to other agents, brokers?
Listing agents send out emails to other agents in the area. But most of the marketing is done by your mls. Agents who have clients that are looking for your property will go to the ml ... more
0 votes Share Flag Wed Mar 6, 2013 Home Selling in 20852
Wayne Christ…, Real Estate Pro in North Bethesda, MD
Wayne Christopher answered:
Can someone recommend FHA mortgage lender for first time buyers in Rockville/North Bethesda?
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
202-573-6035
www.fairwayboston.com/Default.aspx
Contact: Catherine Purcell
catherinep@fairwaymc.com
0 votes Share Flag Sun Feb 24, 2013 Home Buying in 20852
Jody Seibert, Real Estate Pro in Bel Air, MD
Jody Seibert answered:
Contingency on mortgage rate
You will have a financing contingency on all but cash offers and the loan terms must be stated. More than likely, the Buyer qualifies for the loan amount at 3.5%, but may or may not at ... more
0 votes Share Flag Wed Aug 29, 2012 Home Selling in 20852
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
When is the high season for housing sale (for selling) for property in a good school district ?
Hi Mary,

In our area we are successful with home sales year round thanks to the military population and government employees who transfer on a regular basis. Sell at the time that i ... more
0 votes Share Flag Tue Jul 3, 2012 Home Selling in 20852
EdithJasser…, Real Estate Pro in 60093
EdithJasser YourRealtor4Life answered:
What is Broker's Open House? what is its purpose? disadvantages/advantages? when it should be scheduled (before or after public open house)?
I am assuming that you are a seller and you are wondering? Am I right?

A broker's Open House is usually held early on after the date of listing, in order to give the Real Estate comm ... more
0 votes Share Flag Mon Jun 25, 2012 Home Selling in 20852
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
Any advantages/disadvantage to list your home when another property (in same neighborhood, very similar home) just got on the market?
Hi Mary,

Market your home when the time is right for you. There will always be competition whether it is in your neighborhood or elsewhere. Just make sure that your price and condi ... more
0 votes Share Flag Mon Jun 25, 2012 Home Selling in 20852
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
House without central AC. What do I need to know before consider the house?
Hi Mary Lan,

Your best bet is to contact a reputable local contractor for a FREE estimate to convert the house to Central A/C which is a true must in the re-sale market here in Maryl ... more
0 votes Share Flag Thu Jun 21, 2012 Remodel & Renovate in 20852
Ron Alexander, Real Estate Pro in 21737
Ron Alexander answered:
We got the radon test report back at 10 (above the US EPA Action Level of 4.0 pCi/L.). Any recommendations?
Above the EPA recommended level of 4.0 pCi/L must be remediated by the sellers and retested after the remediation system has been installed.
0 votes Share Flag Thu Jun 21, 2012 Home Buying in 20852
Greg Myers, Real Estate Pro in 21771
Greg Myers answered:
Do you recommend to have radon test done when purchasing a home in montgomery county, MD?
Yes you should have the home tested unless you are in a mutilple offers on your home of choice I would suggest you not include a RADON contingency. Have the home tested and remediate i ... more
0 votes Share Flag Sat Jun 16, 2012 Home Buying in 20852
David Lipsman, Real Estate Pro in Gaithersburg, MD
David Lipsman answered:
How would I go about finding out whether or not a neighborhood has a gas line hooked up ?
Hello again Mary,

Everyone is correct, Washington Gas is the place you will need to go for Montgomery County. They have a great website for consumers at www.washingtongasliving.com. ... more
0 votes Share Flag Thu Apr 26, 2012 Remodel & Renovate in 20852
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
In process of buying short sale, now I find out it's an FHA short sale. Isn't APT done before listing? Are we in trouble?
Hi Steve,

No I don't think you are screwed. In fact it sounds like everything is progressing nicely. Hoping that the asking and offer price as well as any seller concessions are wi ... more
0 votes Share Flag Thu Apr 26, 2012 Home Buying in 20852
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