20854 : Real Estate Advice

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Vicky Chrisn…, Real Estate Pro in Purcellvile, VA
Vicky Chrisner answered:
what does this mean? refers to a house on Boswell Lane Property is a Judgement of Foreclosure Sale. An order
Without fulling putting this into context, I reserve the right to be wrong here... but sounds like WILL BE going to foreclosure, but it hasn't yet. You can confirm at the county courth ... more
0 votes Share Flag Wed Apr 1, 2009 Home Buying in Potomac
Aurora Guira…, Real Estate Pro in Bethesda, MD
Aurora Guiragossian answered:
Any listings for $700 in the Potomac, MD area. Also how long does it take a pre-foreclosure to go into
There are quite a few listings in that price range in the Potomac area. Feel free to contact me and I will email you the listings.

Looking forward to hearing from you,
Aurora Guira ... more
0 votes Share Flag Tue Mar 31, 2009 Home Buying in Potomac
Aurora Guira…, Real Estate Pro in Bethesda, MD
Aurora Guiragossian answered:
I see this home at 12830 Travilah RdPotomac, MD and it mentions it might be in pre-foreclosure. How much?
Dear Home Buyer,

This home is a pre-foreclosure. It is listed for $1,100,000. As for the price changing, it depends on what is currently owed on the property and if the bank would ... more
0 votes Share Flag Wed Apr 1, 2009 Home Buying in Potomac
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
What is the best FREE and up to date website to find foreclosures, bank owned homes in 20854 area?
Hello again,

You can see pre-foreclosures and bank owned properties in Montgomery County here - http://mocorealestate.com/foreclosures/

Keep in mind the following:
Preforeclosur ... more
0 votes Share Flag Tue Mar 31, 2009 Home Buying in Potomac
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
I am looking for a home in the 20854 zip code and wanted to know how much sellers are willing to go down in
Hi -

The market in Potomac up to $900K has been pretty solid. Take a look at this article that discusses areas in Montgomery County -- note Potomac. http://mocorealestate.com/2009 ... more
0 votes Share Flag Mon Aug 1, 2016 Home Buying in 20854
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
With regard to Potomac, what is the significance of the school system (e.g., Churchill high school) on home
Sa,

With only a few exceptions, homes in Potomac are assigned to either Churchill, Wootton or Whitman. For most buyers, these are equally desirable, but of course some buyers have ... more
0 votes Share Flag Wed Jan 20, 2010 Market Conditions in 20854
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
What is the 2009 home prices trend in Fox Hills, Potomac, MD 20854?
Fahmida, Pricing for homes in this part of Potomac are holding-up pretty well. I'm completing an analysis which I'll post on my site in a few days. You may find the following two arti ... more
0 votes Share Flag Tue Jun 21, 2016 Market Conditions in 20854
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
Is there a Case-Shiller Index for Potomac?
Hi Ian,

I believe we will continue to see downward pricing pressure on the Potomac real estate market in the $900K+ price range through at least 2009. Take a look at the following ... more
0 votes Share Flag Tue Feb 24, 2009 Home Buying in 20854
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
There seems to be so few properties on sale in Potomac this month (Feb). Will there be more properties coming?
Rita - you will start to see a lot more homes come on the market. The spring brings out buyers and sellers every time. See more information about Potomac on the link below. Thanks.
0 votes Share Flag Tue Jul 19, 2016 Home Buying in Potomac
Alqamar Malik, Real Estate Pro in Largo, MD
Alqamar Malik answered:
We're considering moving from the Washington, D.C. area to Indianapolis. Are there any neighborhoods - in?
Hi Sandi, I can find you a good agent in the Indianapolis area to answer your question if you like? let me know...I'm on info@alqamarmalik.com

Good luck on your move!
0 votes Share Flag Mon Aug 1, 2016 Shopping & Local Amenities in 20854
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
For the Potomac area, is the 08 tax assessment a good benchmark for the value of a house?
Ian, It's funny you mention this. I was out with clients last weekend that asked the exact same questions.

The answer is 'no'. I often see a tax value that's way off from the curr ... more
0 votes Share Flag Thu Mar 19, 2009 Home Buying in Potomac
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
What is the market value of a TH in Potomac whose assessed value by the county is a little over $400000?
Hi Jacob - Prices have come down in all areas of Montgomery County. Homes closer-in to D.C. like Bethesda, Chevy Chase and Potomac have held their value a bit better. Finding a townho ... more
0 votes Share Flag Fri Jul 20, 2012 Market Conditions in Potomac
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
What are the ramifications -- financial and otherwise -- of oil vs. gas heat?
Hi Michael,

Oil vs. gas. Costs for each fluctuate, I'm not sure which is the most cost effective right now. Oil heat is very common in this area. When evaluating a home, I would ... more
0 votes Share Flag Fri Aug 29, 2008 Home Buying in 20854
Bruce Lemieux, Real Estate Pro in Gaithersburg, MD
Bruce Lemieux answered:
Is there any where I can find out the land sold in Potomac in last couple of months.?
Hi Vishal,

All lots listed in the MLS are available for reporting. Click on the link below for all unimproved lots in Potomac that have gone under contract this year. A couple of ... more
0 votes Share Flag Thu Sep 4, 2008 Home Buying in Potomac, MD
Jeff Escher, Real Estate Pro in Rockville, MD
Jeff Escher answered:
We're looking for a neighborhood as much as for a home -- that is, the right people, feel, amenities, etc.
That's a very subjective criteria. I'm sure nearly everyone thinks their neighborhood fits your description!

Design-wise, there really aren't any neo-traditional neighborhoods "down ... more
0 votes Share Flag Tue May 31, 2016 General Area in 20854
Jeff Escher, Real Estate Pro in Rockville, MD
Jeff Escher answered:
Looking to buy a home in the million-dollar range in the Potomac/Bethesda area in the next year. Time is not
Like the stock market, no one knows when we've hit bottom until we're on the way back up! I've heard estimates anywhere from this spring until 2010. Just keep an eye on the market - i ... more
0 votes Share Flag Wed Oct 6, 2010 Market Conditions in 20854
Rez Kodad, Real Estate Pro in Naples, FL
Rez Kodad answered:
I am looking to purchase a home. It has an addition that includes a jacuzzi/hot tub.
Ava, you can modify the house in the way adds value to you and your lifestyle. However, you have to take in the consideration, the modification that you do, adds value to you and your f ... more
0 votes Share Flag Sun Jun 5, 2016 Home Buying in 20854
Rez Kodad, Real Estate Pro in Naples, FL
Rez Kodad answered:
What is the average listing time for a three bedrrom townhouse in Potomac Maryland?
Ann, Avg. days it takes to sell a TH in Potomac is around 100 days. However, if the property shows well, and prices right at this time may sell between 65 to 80 days!

Cheers,

Reza
0 votes Share Flag Wed Jan 20, 2010 Home Selling in 20854
Chris Highla…, Real Estate Pro in Frederick, MD
Chris Highland answered:
I am looking for foreclosure (or pre-foreclosure) in 20854 (Churchill cluster).
Homebuyer,
I did a quick search on the MLS and found 3 short sales: 12202 FALLS RD, POTOMAC, MD 20854-2893
for $795,000; 11808 SEVEN LOCKS RD, POTOMAC, MD 20854-3395, for $550,000; 1 ... more
0 votes Share Flag Sun Jun 26, 2011 Foreclosure in 20854
Lenn Harley,  in Maryland and Northern...
Lenn Harley answered:
What are the prices for typical luxury properties in the town of Potomac, Maryland?
Ahhh, Potomac. The luxury home location for Maryland. The average price for homes in Potomac is about $1,800,000. Potomac offers convenience to major business centers, Dulles Airport ... more
0 votes Share Flag Mon Jun 27, 2016 General Area in Potomac
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