20879 : Advice

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Diana Rice, Real Estate Pro in 20603
Diana Rice answered:
I am interested in moving to the Gaithersburg area or close by. What are the better areas? I have 2 small children. Safety & good schools are #1
There are many nice areas in Gaithersburg, it depends on your price range, prefered location, type of property and how soon you'll like to move in. I lived in 3 different areas of Gaith ... more
0 votes Share Flag Thu May 14, 2015 In My Neighborhood in 20879
Diana Rice, Real Estate Pro in 20603
Diana Rice answered:
What is really considered an 'okay' credit score, meaning not great but something lenders, etc. aren't too?
The higher your score the more choices you'll have. You can get a loan with score under 600 but it will not offer you the best rate/terms; if increasing your score is an issue, then ... more
0 votes Share Flag Thu May 14, 2015 Financing in 20879
Theresa Shea…, Real Estate Pro in Maryland
Theresa Sheaffer answered:
Hi, I am interested in purchasing a condo in the DC metro area with no credit score and credit card which I received a month ago. Good job history!
General advice: It takes 90 days to establish a credit score. You absolutely need the credit score to qualify for a loan. It is a good idea to establish 3 credit sources. One credit c ... more
0 votes Share Flag Tue Jul 10, 2012 Home Buying in 20879
Melissa Bark…, Real Estate Pro in Arlington, VA
Melissa Barkalow answered:
I am interested in getting a larger home and want to rent my townhouse out. Is it possible to get financed in this market with an existing mortgage?
It could be possible depending on your financial situation and HOA rules regarding renting your home.

I would recommend talking with a lender or two who will best be able to let you ... more
0 votes Share Flag Tue Sep 20, 2011 In My Neighborhood in 20879
John Sikorski, Real Estate Pro in Glen Burnie, MD
John Sikorski answered:
Is it worth losing money on our current house?
Hi, Christine.

From the sounds of your outline, I'd say you have several options available to you. The first thing I would advise would be to to do two things, just so you have all ... more
0 votes Share Flag Wed Jul 29, 2009 Home Selling in 20879
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