Lenn Harley

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Lenn Harley, in Maryland and Northern Virginia
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About Me
Homefinders.com a real estate brokerage specializing in helping home buyers. Welcome to the world of real estate in Maryland and Northern Virginia. Our group of agents and brokers is ready to help you find your new or resale real estate in Anne Arundel, Baltimore, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince Goerge's, St. Mary's counties in Maryland real estete locations. In Virginia our broker and agent group is ready to help you find a home in Alexandria, Arlington, Culpeper, Fairfax, Fauquier King George, Loudoun, Prince William, Spotsylvania and Stafford County real estate locations. When experience counts, Homefinders.com is here to help you, the home buyer, find your home and we'll be with you through the inspection, financing and settlement. Homefinders.com can get the job done to make YOU a happy home owner in Maryland or Northern Virginia. Contact Lenn Harley, Broker, Homefinders.com for a tour of homes. Visit our web site to SEARCH LISTINGS in the area where you wish to buy and were ready to arrange a tour for you. We can help. 800-711-7988. Homefinders.com offers FREE One Year Home Warranty on all resale homes, a FREE home inspection with inspector of your choice in MD and VA and a 1% REBATE for new home purchases with Homefinders.com as your agent. Contact Lenn for information. Members NAR and fully Errors and Omissions insured.
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Lenn Harley's Questions (38)
Lenn Harley's Answers (75)
Frank, Home Buyer in Lovettsville

What would you do if you like a house who is on the market for 850K and the assessed value is 645K and?

Asked Sat May 17 2008, 19:31 by Frank  -  Lovettsville  -  Home Buying  -  10 answers
Lenn Harley answered:
My first idea would be to buy new construction. Builders, unlike home owners, have dramatically reduced their prices. Most new construction in this price range has been reduced by about $200,000. This is my speciality and I look for new home bargains daily. Western Loudoun County offers great value for new homes. Home owners are always looking for a profit, even when the market has dropped. Builders just want to keep building. - Sun May 25 2008, 05:58
Lanna, Home Buyer in Maryland

Can someone give me some details about CNTG/NO KO and CNTG/KO. Do you still put offers on houses that?

Asked Wed Mar 26 2008, 13:04 by Lanna  -  Ashburn  -  Home Buying  -  6 answers
Lenn Harley answered:
Unless there are unusual circumstances that would interfere with a new loan, you could be making offers now. Without knowing the reason for the delay, it's hard to say. Generally, a Pre-Qualified or Pre-Approved with conditions is sufficient to get a ratified contract.

Loudoun County has a tremendous inventory and sellers are looking for offers. If you're out looking, it's hard to understand why you're not making offers. Homes under a KO contract will usually accept a good offer and give the present contract a deadline to remove their contingency or they'll simply be "kicked out".

Good luck. - Tue May 6 2008, 07:08
Karen Maffett, Buyer & Seller in Ashburn

My husband and I purchased a townhouse in Ashburn, VA in 2004. Our home would only sell for 50,000 more than

Asked Mon Apr 21 2008, 18:34 by Karen Maffett  -  Ashburn  -  Market Conditions  -  9 answers
Lenn Harley answered:
Renting the town home makes sense if you can buy your single family without the funds from the town home. Further, you're in a very good negotiating position as a non-contingent buyer in the present day market.

Make sure the numbers work with both loans. The lender will probably only credit you with about 75% of the rent from the town home unless you have a history of rental income.

You are a dream buyer in today's market if you can buy a "move-up" home. Most folks need the money from the present home to buy the next one.

Good luck. - Tue May 6 2008, 07:00
Prashanth, Home Buyer in Fairfax

looking at townhomes in Centerville (zip 20120 and 20121) near the 66 & 29 intersection. Is that a good area ?

Asked Sat Sep 29 2007, 00:06 by Prashanth  -  Centreville  -  General Area  -  16 answers
Lenn Harley answered:
Centreville is a very popular area for home buyers due to the convenience of commuter routes AND the popularity of the public schools in the area.

Townhomes for sale 10 years old or less are offered for $295,000 to $599,900. The average list price is $404,000.

Take your time and tour lots in your price range. There is even a foreclosure for sale with a garage. It's a good time to look because the inventory is very high and buyers can be selective.
Good luck. - Tue May 6 2008, 06:48
Barb H, Home Buyer in Philadelphia

I'm interested in a townhome that's in foreclosure. What do banks require before they'll consider my offer?

Asked Sat Apr 26 2008, 15:49 by Barb H  -  Chantilly  -  Foreclosure  -  4 answers
Lenn Harley answered:
Most banks do not take contingent contracts. If they do, a contingency to settle is more likely to be accepted than a contingency to sell.

Actually, you're in a much better negotiating position if you are a fully non-contingent buyer. You lose negotiating power when your offer comes in with contingencies of any type. - Tue May 6 2008, 06:40
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