Home Buying in 20850 : Questions & Answers

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Wayne Christ…, Real Estate Pro in Rockville, MD
Wayne Christopher answered:
Can I obtain an ARM loan for $650k with one year tax returns in Montgomery County, Maryland?
HSBC has a preferred member loan program. 30% down no documentation. Some other restrictions apply. keep me posted on the outcome.

Hope it was helpful
0 votes Share Flag Sun Jun 1, 2014 Home Buying in 20850
Rahkiya A. R…, Real Estate Pro in 20716
Rahkiya A. Reid answered:
Earnest money refund
It's all about the contingency clauses. MAke sure your agent clearly states this when writing the offer.
0 votes Share Flag Wed Nov 20, 2013 Home Buying in 20850
Karen Friedm…, Real Estate Pro in Potomac, MD
Karen Friedman answered:
What percent below list should I bid?
There are many factors that go in to deciding how much to offer on a property. Days on market, supply and demand in that area, property condition are a few.
0 votes Share Flag Tue Nov 19, 2013 Home Buying in 20850
Karen Friedm…, Real Estate Pro in Potomac, MD
Karen Friedman answered:
What are my local public schools?
A good resource is the Montgomery County Board of Education website. There is a boundary search area on the site.
0 votes Share Flag Tue Nov 19, 2013 Home Buying in 20850
Juan Bassett…, Real Estate Pro in Rockville, MD
Juan Bassett GRI answered:
Do I have to stay with my agent? Can I keep the contract when I transfer the brokerage?
Your agent represents you as long as you have a contractual agreement. You should discuss with your agent in hopes of solving your current status.
0 votes Share Flag Mon May 14, 2012 Home Buying in 20850
Piero Marinu…, Real Estate Pro in Silver Spring, MD
Piero Marinucci answered:
Buyer agency contract
I haven't seen this many responses in a while... Blood is definitely in the water! ;)
0 votes Share Flag Sat Sep 17, 2011 Home Buying in 20850
Carolyn Thom…, Real Estate Pro in Bethesda, MD
Carolyn Thompson 301- 674-3056 answered:
Where can I find a standard form to request a refund of the earnest money deposit? I'm backing up from a
Aria,

How did you make out with getting your EMD back?

NACA has home loan programs for non citizens.

Some of the information is on the following link. Feel free to contact me ... more
0 votes Share Flag Sun Jun 26, 2011 Home Buying in 20850
Carolyn Thom…, Real Estate Pro in Bethesda, MD
Carolyn Thompson 301- 674-3056 answered:
How do i secure a loan before bidding on a house at auction? Thanks!
Gardner,

It is my understanding that many of the auctions including the Sheriff's sales have you place a deposit and you are responsible for obtaining the financing within a lim ... more
0 votes Share Flag Sun Jun 26, 2011 Home Buying in 20850
Carolyn Thom…, Real Estate Pro in Bethesda, MD
Carolyn Thompson 301- 674-3056 answered:
Contracted within last 24 hours in Maryland on new house is there a way to cancel the contract? There is an HOA do I have 5 days to review?
Mdgirl,

How did you make out with cancellation of your contract?
0 votes Share Flag Sun Jun 26, 2011 Home Buying in 20850
David Burnham, Real Estate Pro in Washington, DC
David Burnham answered:
What percent below list should I bid?
To echo Bill's thoughts, some homes a listed below markt value and will sell above the list price, some a listed way above market value and will sell 10% or more below list price. ... more
0 votes Share Flag Sun Jun 5, 2011 Home Buying in 20850
Jonathan Abb…, Real Estate Pro in 89117
Jonathan Abbinante answered:
we backed out of a contract during the 10 day due diligence period. My husband was in fear of losing his job
Your buyers agent if you had one didn't give you the back bone necessary to be successful in this situation.
Your earnest is yours, and yes title will not release it unless all p ... more
0 votes Share Flag Thu Mar 31, 2011 Home Buying in 20850
Craig Kay, Real Estate Pro in Rockville, MD
Craig Kay answered:
Minimum downpayment for first-time home buyers in Montgomery County, Maryland
of course, fha can be had for the $500k price range. The cap for fha lending is $729,750 but now is adjusting to $650,000. You are still good. The minimum downpayment for FHA is 3.5 % ... more
0 votes Share Flag Tue Mar 29, 2011 Home Buying in 20850
James Joseph, Real Estate Pro in 06281
James Joseph answered:
Hi! I would be interested to find out the typical fee charged by a real estate lawyer helping a home buyer in
Victor,
You should always hire a lawyer to protect you best interest. One that is provided or shared does not represent you, so be careful.
Just call several local lawyers to discuss ... more
0 votes Share Flag Thu Jul 24, 2008 Home Buying in 20850
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