20874 : Questions & Answers

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Steve, Home Buyer in Vienna, VA
Steve asked:
I am looking to buy an investment property for up to 400K, low down payment but the rent cover mortgage in Montgomery county MD. I prefer newer units preferably constructed in the last 10 years.
I would like to know which zip codes would be best areas to consider for rental properties.
0 votes Share Flag Sat Jan 2, 2016 Home Buying in 20874
Blake Marie…, Real Estate Pro in Dundalk, MD
Blake Marie Randolph answered:
What are typical utility prices (electric, gas, water) in Germantown,MD for a 1100 square feet apartment? 2 bed 2 bath plus sunroom
For a typical 1,100 sq ft apartment, you're looking at around $400. There are many variable factors here though. The best thing would be to see how your fist month goes and budget accor ... more
0 votes Share Flag Tue Oct 6, 2015 Moving in 20874
Gauravpathare, Home Buyer in Gaithersburg, MD
Gauravpathare asked:
Lakeview condos for rent Area: Shipley Terrace I am looking to rent a condo preferably on 1st floor. Less than $1200
Please email me or call me if anything available.
Email: gauravpathare@gmail.com
0 votes Share Flag Fri Aug 14, 2015 Rentals in 20874
Johnrmckee, Home Buyer in Doylestown, PA
Johnrmckee asked:
How can I get the HOA and Condo rules for Buckingham Station in Germantown MD? Stacked townhouse condos in Germantown MD
0 votes Share Flag Wed Jul 15, 2015 Home Buying in 20874
nygdb2, Home Buyer in Darnestown, MD
nygdb2 asked:
Does anyone know how to unlock a home? My home is locked. My realtor has claimed it but it still doesn't lock. It shows up on the map but if you cl My home is locked. My realtor has claimed it but it still doesn't lock. It shows up on the map with a lock but if you click on the house for details, it give you an error.…
0 votes Share Flag Thu Jul 9, 2015 Using Trulia in 20874
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
Work for myself, my income has just stabilized to about $50K, I want a condo, small, in Germantown, credit is fair. is this possible.?
Self employed people must show 2 years of tax returns to show what income they had, this is often a problem as self employed do all they can to not show income for which they must pay t ... more
0 votes Share Flag Fri Oct 17, 2014 Home Buying in 20874
random_ness, Other/Just Looking in Germantown, MD
random_ness answered:
Probably moving out of state from 20874...bought 2/2 townhome in 2012....rent or sell?
Thanks all - I am checking this board after a while and appreciate the insight provided. It was a tough call to make, but the CMAs we saw looked like we would just about break even if h ... more
0 votes Share Flag Sun Aug 17, 2014 Home Selling in 20874
Ali Haghgoo, Real Estate Pro in Westminster, MD
Ali Haghgoo answered:
I own this house since 2003 but tequila and pillow are showing this house as sold in 2013 at 1/3rd of its market value. How this can be corrected?
I'm assuming you mean Trulia* and Zillow*. You can edit your home's fact by clicking the "Correct Home Facts" button on Zillow and "Edit Home Facts" button on Trulia. Hope this helps!
0 votes Share Flag Mon Jun 2, 2014 Home Ownership in 20874
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
Is it going to be problematic to buy a 30 to 40 years old townhouse as an investment properties?
Then don't buy.

Or, better, work the numbers. Various expensive items (roofs, HVAC units, etc.) have fairly predictable lives. You might find that some of the expensive items have al ... more
0 votes Share Flag Tue Dec 10, 2013 Investment Properties in 20874
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
Why when I added 2000 sf to my MDhome's profile, 5 rooms, geothermal, jacuzzi, huge deck, fence, gate, etc. did Trula lower my home's value by 210K ?
Make sure that when you hire an agent to represent you that they have a Trulia account and are familiar with how to update a property. In the greater scheme of things, the value Trulia ... more
0 votes Share Flag Mon Dec 9, 2013 Home Selling in 20874
Greg Myers, Real Estate Pro in Gaitherburg, MD
Greg Myers answered:
Looking for 3/2 place to buy for under 250K that feeds into Great Seneca Creek Elem, Kingsview Middle, and Northwest High. Does it exist?

Try searching the "Pleasant Fields" subdivision which feeds into the Great Seneca Creek Elem.
The specific street names are Metz Dr. and Kitchen House and Open Hearth Way. ... more
2 votes Share Flag Wed Oct 9, 2013 Home Buying in 20874
Maureen Bove…, Real Estate Pro in Adelphi, MD
Maureen Bovello answered:
Is there a way to search by specific schools?
Hi Stacy,

There is a field that can be added through the MRIS system for Elementary, Middle or High School where an agent can add the field and fill in the appropriate school you are ... more
1 vote Share Flag Fri Sep 27, 2013 Home Buying in 20874
Rick Reed, Real Estate Pro in Gaithersburg, MD
Rick Reed answered:
looking for a 2/2 townhouse in Germantown 20874?
I have one at 20216 Waterside Dr for $1750. See the virtual tour at:

0 votes Share Flag Fri May 24, 2013 Home Buying in 20874
homebuyer, Home Buyer in Germantown, MD
homebuyer answered:
The listing agent of a short sale said to increase my already present offer of $400,000 to $410,000 due to another offer. estimated house is $390,000.

* SELLERS AGENT= Represents the home seller's best interest and tries to get the most $$$ for his seller and protects the sellers interest. they have no allegiance to ... more
1 vote Share Flag Sun Jan 22, 2012 Home Buying in 20874
Nick Pakulla, Real Estate Pro in Rockville, MD
Nick Pakulla answered:
First time buyer w 800 credit score, buying home for mom hopefully w/ as little down payment as possible. Advice re best loan option not FHA? Thx!
I agree with all of the comments that 5% conventional would likely be better than FHA, but wanted to add one important point. Depending on your goal with the purchase you may run into ... more
0 votes Share Flag Mon Oct 31, 2011 Financing in 20874
Dianka Murphy, Real Estate Pro in Washington, DC
Dianka Murphy answered:
Purchased a condo in 2004, put down 20k and paid down 20k. No equity due to market. Should we leave with no profit or rent it out for future equity?
Thanks for your question!
Generally speaking, the expression “what goes up must come down” (and vise versa) is very prevalent in today’s market. While many ... more
0 votes Share Flag Wed Aug 31, 2011 Home Selling in 20874
Dream Team1, Real Estate Pro in 20745, MD
Dream Team1 answered:
buy a house
tony You can call My Real Estate Hot line and receive all the info you need to purchase a home just ask for a buyers packet it's a 24hr. prerecorded message so you can call anytime ... more
0 votes Share Flag Tue Mar 29, 2011 Home Buying in 20874
Nicole Neale, Real Estate Pro in Columbia, MD
Nicole Neale answered:
Can I take the rent money and get another place to live and not pay the landlord who has a foreclosure on the property.?
Hello Gwen,
I am sorry you have been caught up in a growing issue. This is a grey area and you may need to seek legal councel on this. Maryland has rules and guildlines for renters I ... more
0 votes Share Flag Wed May 5, 2010 Foreclosure in 20874
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