Annapolis : Real Estate Advice

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real estate…,  in Montgomery County, MD
real estate md va dc answered:
I'm in the market for a new home in the 200k - 250k range. I also have a tax lien of 18K. How do I utilize?
yes, please explain this tax lien in more detail. If it's your lien, it only affects your ability to get financing and not anything else.
0 votes Share Flag Thu Aug 30, 2012 Home Buying in 21403
Bill Wootan's…,  in Waldorf, MD
Bill Wootan's Team One answered:
Is there a good web site to find out about 203B rehab loans?
I suggest you contact a lender that does FHA 203K loans (the rehab loan is K, not B) and they can guide you - previously they were hard and expensive to do, but they have streamlined th ... more
0 votes Share Flag Wed Nov 18, 2009 Financing in Annapolis
Richard Thom…,  in Edgewater, MD
Richard Thomas answered:
There are several factors that go into how much a mortgage will cost you? The size of the mortgage, your FICO scores, the amount of money you are putting down on the property and the ty ... more
0 votes Share Flag Thu Apr 17, 2008 Home Buying in Annapolis, MD
J.D. "Dan" & Carol Weisenburger answered:
Is Annapolis, Maryland currently considered a declining market for purposes of home lending?
Steve, I hope you're using a reputable real estate agent with one of their standard contracts. In most states there is a clause regarding the appraisal and in many casses it allows ... more
0 votes Share Flag Tue Jun 3, 2008 Market Conditions in Annapolis, MD
Audrey Hoffm…,  in Baltimore, MD
Audrey Hoffman, Home Stager answered:
If we were going to invest 10k in our home, getting ready for general, what are the best investments

Have you considered home staging? Often a stager can save a seller money in lieu of costly renovations--updating fixtures, cabinets, painting, accents, et cetera. That be ... more
0 votes Share Flag Sat Jan 10, 2009 Home Selling in 21401
Ania Miller, Real Estate Pro in Millersville, MD
Ania Miller answered:
What is the market like in downtown historic Annapolis and the Murry Hill neighborhood?
That is a difficult question to answer, things are definately looking up and moving in the right direction.
I believe that if the Seller has reasonable expectations, and prices the hom ... more
0 votes Share Flag Sun May 17, 2009 Market Conditions in 21401
John Holmes, Real Estate Pro in Millersville, MD
John Holmes answered:
Do you expect more inventory in Anne Arundel County in the coming months?
Now that we are clear of the holidays I would say we are going to see a slight increase as more sellers come back into the market that said "I want to wait until after the holidays." Y ... more
0 votes Share Flag Thu Apr 24, 2008 Market Conditions in Annapolis, MD
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
Can a buyer ask a seller to contribute 5% toward mortgage downpayment?
In most cases, the lender won't allow a "credit" of more than 3%, back to the buyer for closing costs... (NOT downpayment) and in many cases that's becoming even tighter.
0 votes Share Flag Thu Jun 19, 2008 Home Buying in Annapolis, MD
Jim Welden, Real Estate Pro in
Jim Welden answered:
What impact will the lower tax assessment have on the housing market?
Bonbon - as you indicate, county assessed values are not "market" values and the assessed values are really a function of how your county/state handles the home valuation process.

... more
0 votes Share Flag Sun Jan 3, 2010 Foreclosure in Annapolis
James Downing, Real Estate Pro in Clearwater, FL
James Downing answered:
List vs. sales price? What is the trend right now in Anne Arundel Co.?
In Anne Arundel Co for October the Avg Sale Price was 92.34% Avg List Price. Sept it was 91.87%
Comparatively most of the greater DC area has been averging 93-97% most of the year.
... more
0 votes Share Flag Thu Apr 24, 2008 Market Conditions in Annapolis, MD
bonbon, Home Owner in Edgewater, MD
bonbon answered:
Is Anne Arundel Co. (MD) more stable than many other areas in the nation?
Mansur, I like your balanced and sensible answers too! I think the fear that some potential buyers like me have is that if we buy now and the market continues correcting itself, we migh ... more
0 votes Share Flag Fri Jan 9, 2009 Foreclosure in Annapolis, MD
Art Lane,  in Howard County, MD
Art Lane answered:
How aggressive should buyers be in Maryland?

The worst thing that can happen with a lowball offer is that the seller rejects it outright. Of course that may also set the stage for future considerations of a revised off ... more
0 votes Share Flag Thu Apr 24, 2008 Market Conditions in Annapolis, MD
Rgstevens, Other/Just Looking in 21401
Rgstevens answered:
Where is the Downs Community?
The Downs is located on the Severn River on the northwest side of Annapolis. There are two marinas, tennis courts, swimming pool, play ground, club house. Being on the west side of An ... more
0 votes Share Flag Tue Jul 10, 2007 Shopping & Local Amenities in Annapolis, MD
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