21230 : Real Estate Advice

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Mark Novak, Real Estate Pro in Bel Air, MD
Mark Novak answered:
How long after an initial appraisal does a seller have to wait before another can be done?
If your property was assigned a case number then the appraisal will be around for 6 months. That doesn't mean you can not sell you just can't sell to someone using an FHA mort ... more
0 votes Share Flag Mon Feb 6, 2012 Home Selling in Baltimore
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
Re; HUD regarding appraisals. How long after an appraisal is written does a seller have to wait before a new appraisal can be obtained.?
Hi Nicholas,

Six months for an FHA loan. However, there is an appeal process and the underwriter usually has some leniency to look at reasonable comparable sales. A VA, Conventiona ... more
0 votes Share Flag Tue Feb 7, 2012 Home Selling in Baltimore
Bridgette Gr…, Real Estate Pro in PASADENA, MD
Bridgette Gray answered:
I am looking for a home with a mother-inlaw suite in the Baltimore Metropolitan area (No crime ridden communities)
Hello bridget, I have a listing that maybe perfect for you. It 's right across the street from Bon Secour Hospital in West Baltimore, 1 bedroom apartment in basement, main floor 2 ... more
0 votes Share Flag Mon Feb 6, 2012 Home Buying in Baltimore
Ray Corkran,  in Baltimore, MD
Ray Corkran answered:
I am a section 8 voucher holder looking for a 3 bedroom in the Ten Hills or West Hills area. I am a decent mom of 4 that works full time for Baltimore
Ms. Crippen,

I'm not sure where you have already looked but I can tell you that www.gosection8.com has the most up to date listings that will accept vouchers. I know several pe ... more
0 votes Share Flag Thu Jul 12, 2012 Rentals in Ten Hills
cab, Home Buyer in Baltimore, MD
cab answered:
Do homes have a "guest house" in northern Baltimore?
Hi, Many times they will be advertised as a mother-n-law suite but, many times they are not specifically noted as such. My best answer for you is to have an agent assist you in search ... more
0 votes Share Flag Mon Feb 6, 2012 Home Buying in 21210
Kimberly Bar…, Real Estate Pro in Annapolis, MD
Kimberly Barton answered:
What are the safest yet still affordable areas in or around Baltimore?
REALTORS are prohibited from telling you where you should live, what neighborhoods are "safe" or steering to certain neighorhoods. There are many reasonable explanations for ... more
0 votes Share Flag Tue May 8, 2012 Rental Basics in Baltimore
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
what to look for in a sellers agent?
Interview in person a few local agents from different realty companies, then choose the one you like best and who has the most to offer--choose your agent with care. Ask what marketing ... more
0 votes Share Flag Tue Aug 12, 2014 Home Selling in 21230
Ann Ryan, Real Estate Pro in Doral, FL
Ann Ryan answered:
can I buy a home with my daughter although i am MARRIED AND LIVING WITH MY HUSBAND?
Can you buy a home with your daughter (or basically anyone else you want to?) Yes. But unless you pay cash to do so, it gets complicated. You may want to consult a lawyer to draw up a ... more
0 votes Share Flag Thu Jan 12, 2012 Home Buying in 21206
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
My husband lives in Maryland, I still live in California. We want to buy a house jointly in Maryland, can we do so while i'm in Cali?
You certainly can, they can email all the paperwork to you and overnight closing docs to you.
0 votes Share Flag Thu Jan 26, 2012 Home Buying in Baltimore
Suzie Coronel, Real Estate Pro in Baltimore, MD
Suzie Coronel answered:
Is the Brooklyn Park area considered a "bad neighborhood?"
I tell all of my buyer who ask this question to go to the house that they like on a Friday night, late. Then park a few blocks away and WALK to the front door of the house. If you don&# ... more
0 votes Share Flag Tue May 8, 2012 Home Buying in Brooklyn
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
Ceder HIll development project?
You might try asking a local pro directly. One like http://www.joannebaker.com/
0 votes Share Flag Mon Nov 28, 2011 Market Conditions in Baltimore
Yvette Coles, Real Estate Pro in Baltimore, MD
Yvette Coles answered:
Hello, ALL CASH BUYERS looking for properties in Baltimore County MD inside or outside 695 Beltway
7810 Cornerstone Way Windsor Mill MD 21244
0 votes Share Flag Tue Nov 22, 2011 Home Buying in Baltimore
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
With respect to need license to rent prop Balt Co, are there differences in requirements if the prop went through a full rehab and has new u and o?
if you are the owner, you can rent your owne property without a license, in virtually every state you can not rent anyone elses home, apartment etc for a fee unless you have a real esta ... more
0 votes Share Flag Tue Nov 22, 2011 Rental Basics in 21223
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
Is it normal for an agent to collect one month fee up front and then one month rent if tenent renews?
Most residential rentals are 1 months rent based a years lease. There usually is no fee for the 2nd year on residential sales. in commercial leasing there is fees every renenwal that g ... more
0 votes Share Flag Tue Dec 13, 2011 Rental Basics in Baltimore
Larry Caudill, Real Estate Pro in Baltimore, MD
Larry Caudill answered:
Would removing the formstone and repointing the brick of my home in Canton raise its value?
It can be a significant factor in qualifying for CHAP tax credits if you are currently considering a full renovation of the exterior of the home. If you submit renovation plans to balti ... more
0 votes Share Flag Tue Nov 11, 2014 Remodel & Renovate in 21224
Tony McMahon, Real Estate Pro in WHITE PLAINS, MD
Tony McMahon answered:
There is a home either for rent or sale at 2314 Ocala AVE. Baltimore, md. 21215
It is not currently listed in the MLS. If it is on the market it may be for sale or rent by owner.
0 votes Share Flag Mon Nov 7, 2011 Rentals in Baltimore
Ariana Loucas, Real Estate Pro in National Harbor, MD
Ariana Loucas answered:
My realtor quoted me possibly 9% for closing costs on a short sale that I am purchasing in cash.. I feel that I am being ripped off, is this true?
Dear Buyingnow,
That fee sounds excessive. Who is the title company? Did you select them? You can shop around and find your own title company to obtain quotes on your closing fees. Is ... more
0 votes Share Flag Tue Dec 13, 2011 Home Buying in Baltimore
Ariana Loucas, Real Estate Pro in National Harbor, MD
Ariana Loucas answered:
why would it cost extra to use my own title company in purchasing a short sale?
Dear Buyingnow,
Is the short sale being professionally negotiated for the seller? If so, that could be where the extra fees are coming. Often the listing agents are now using profess ... more
0 votes Share Flag Wed Nov 2, 2011 Home Buying in Baltimore
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
Has anyone represented a buyer in a transaction where the seller of the home has a reverse mortgage? Is bank approval required?
Great question John,

I haven't but I'll be watching for answers. I would think this is just a normal payoff and they'd have to make sure it isn't "short&quo ... more
0 votes Share Flag Tue Nov 1, 2011 Home Buying in Baltimore
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