Home Buying in Kensington : Advice

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Chris Jost, Real Estate Pro in Skillman, NJ
Chris Jost answered:
How do real estate agents feel about houses with radon abatement systems?
Please Keep RADIATION DATA in Skillman NJ in mind for ALL Radon Testing/Remediation , Basement Waterproofing & Mold Testing/Remediation. 1-888-Radon-Gas .
0 votes Share Flag Wed Feb 12, 2014 Home Buying in 20895
Piero Marinu…, Real Estate Pro in Silver Spring, MD
Piero Marinucci answered:
How do I figure out what the capital gains tax is on $363,000 profit from sale of property? Thanks
That depends on a lot of factors, Pat. Is it a primary residence? An investment? How long has it been either or both and how recently?

You can probably get basic advice from a Real E ... more
0 votes Share Flag Tue Feb 11, 2014 Home Buying in 20895
Joseph, Real Estate Pro in Columbia, MD
Joseph answered:
Which lenders offer no closing cost options?
Wayne yes it is very possible not only the closing costs be paid by time you go to closing but all your settlement fees paid as well and all you would have to do is pay your down paymen ... more
0 votes Share Flag Tue Feb 11, 2014 Home Buying in 20895
Thom Colby 8…, Real Estate Pro in Newport Beach, CA
Thom Colby 888-391-5245 answered:
My realtor says I must put show how much I will bring to the table as 3.5 % of the cost. Is this true. I say $0.00! Can't I Negotiate by
This question was asked more than 3 years ago !
0 votes Share Flag Sat Dec 28, 2013 Home Buying in 20895
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
Home Inspection - what are reasonable issues that arise?
Every home inspection is different but you shouldn't expect there to be no issues even if you are buying a new home! Home ownership is ongoing and issues constantly come up that you ha ... more
0 votes Share Flag Sat Dec 28, 2013 Home Buying in 20895
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
They countered full price. What to do?
In my experience sellers countering at full price happens when the house has just hit the market and there is a lot of activity, if the price is below market or if the offer is super lo ... more
0 votes Share Flag Sat Dec 28, 2013 Home Buying in 20895
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
What are the main dangers of buying a new construction?
When buying new construction, always try to get a home inspection before the close in of the walls so that the inspector can see the plumbing and electrical wiring as well as the bare b ... more
0 votes Share Flag Sat Dec 28, 2013 Home Buying in 20895
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
What are some of the pitfalls of purchasing a bank owned home?
It's basically the bank's way or no way, however, you may be able to purchase at a price significantly below market value for a standard sale. It really is a case of buyer beware. The ... more
0 votes Share Flag Sat Dec 28, 2013 Home Buying in Kensington
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
I found a great home with a huge backyard in Town of Kensington (almost an acre). It would be perfect for my dogs to run around. How do I value land?
The tax assessment is not necessarily related to the market value. Unless the property is sub dividable, the fact that it is bigger than other lots does not add a lot to value. For so ... more
0 votes Share Flag Sat Dec 28, 2013 Home Buying in Kensington
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
Are there lenders that will allow 0 down with No Mortgage Insurance?
A Veterans Affairs loan is the only loan I know of that offers 0% down with no MONTHLY monthly insurance. You would have to pay a Funding Fee which is rolled into the loan amount.
0 votes Share Flag Sat Dec 28, 2013 Home Buying in 20895
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
Overpriced listing in Bethesda/ Ch Chase; is our offer reasonable?
The assessed value can often be very different from market value so I it is hard to know whether offering $60k over the assessed value is reasonable. In the end, it's the sellers decis ... more
0 votes Share Flag Sat Dec 28, 2013 Home Buying in Kensington
Wayne Christ…, Real Estate Pro in Rockville, MD
Wayne Christopher answered:
We want to buy a home in Kensington, MD, Rock Creek Hills vicinity. Just learned the park across the street to be replaced by a huge middle school.
One factor is based on the schools performance and community support.
Take a look at how Kensington schools are ranked.
0 votes Share Flag Fri Feb 22, 2013 Home Buying in Kensington
Wayne Christ…, Real Estate Pro in Rockville, MD
Wayne Christopher answered:
I made an offer on a home and was accepted by the buyer as a backup. My realtor says the bank rejected the offer, should there documentation on this?
Dyna, looks like Vitoria Crown, Miekeba Jones and I are all saying the same thing.
Best of luck
0 votes Share Flag Fri Feb 22, 2013 Home Buying in 20895
Wayne Christ…, Real Estate Pro in Rockville, MD
Wayne Christopher answered:
Are people actually getting mortgages these days?
View kensington market trends.
0 votes Share Flag Fri Feb 22, 2013 Home Buying in 20895
Bruce Lemieux, Real Estate Pro in Montgomery County, MD
Bruce Lemieux answered:
New construction is a modular home ... changes to earlier replies, benefits, drawbacks?
Hi Sandy,

Modular homes in Montgomery County are very rare. I would say there's a general bias against modular homes with buyers. There's a general perception that the quality is ... more
0 votes Share Flag Sun Oct 26, 2008 Home Buying in 20895
Realtynovice, Both Buyer and Seller in Akron, OH
Realtynovice answered:
Radon is 3.2-3.3 and the bedrooms are in the basement.
My previous answer was not very helpful, alow me a do-over. Our radon was level 30 and was reduced to 1.1 ($975). I would suggest you researdh it on the net to educate yourself. Radon i ... more
1 vote Share Flag Fri Aug 22, 2008 Home Buying in 20895
Carolyn Thom…, Real Estate Pro in Bethesda, MD
Carolyn Thompson 301- 674-3056 answered:
Ok ... one more, if the radon level isn't high enough for EPA action but is high enough to worry us ...
You can always ask? I feel the same way. Radon is a poisonous gas!

If Asprin were up for approval today the FDA would not approve it. The govt. tries but makes mistakes.
1 vote Share Flag Fri Aug 22, 2008 Home Buying in 20895
Gary J. Rudd…, Real Estate Pro in Montgomery County, MD
Gary J. Rudden answered:
Looking for a builder who did 2 rehabs on crestwood in Kensington, MD
Rob:

Please call me or email me, and I will put you in touch with the agent from 10129 Crestwood. The homes were completed by two different builders!

Gary J. Rudden, Broker/Owner ... more
0 votes Share Flag Thu Jan 24, 2008 Home Buying in Kensington
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