Home Buying in 20910 : Questions & Answers

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Bev West, Real Estate Pro in 80634
Bev West answered:
Is it better to pay down credit card debt or use the money to increase down payment?
Talk to your lender before doing anything. They will advise you on that but make sure you don't do anything until they are aware of your plans.
0 votes Share Flag Wed Sep 17, 2014 Home Buying in 20910
William Rive…, Both Buyer and Seller in Silver Spring, MD
William Rivera answered:
I'm looking for programs that will assist with closing cost.
My Finance person is NUMBER 1
Justin Hill with Embrace Home Loans will give you 1% Purchase price back toward closing! That is fantastic and was hard to find. Just mention that I tol ... more
0 votes Share Flag Wed Sep 17, 2014 Home Buying in 20910
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Is planning to rent out a room in your home factored into the home's affordability?
the simple answer is "no" (as several have already noted below)........there is no reason to "submit it for consideration" - it won't be considered (by the bank) when you are being qua ... more
0 votes Share Flag Wed Jul 9, 2014 Home Buying in 20910
Lanre Folayan…, Real Estate Pro in District of Columbia
Lanre Folayan 202-378-0283 answered:
Looking for a condo or a townhouse to buy within the range of 125K in good neigborhood, close to downtown, good rating high school in Silver Spring.
Hey Pratik,


How are you doing? I know you asked this question almost ten months ago. But I just wanted to find out did you ever purchase a Condo in Silver Spring MD? Also who do yo ... more
0 votes Share Flag Tue Apr 8, 2014 Home Buying in 20910
Lanre Folayan…, Real Estate Pro in District of Columbia
Lanre Folayan 202-378-0283 answered:
Are there any condos in Washington dc waterfront under 300k?
Hi Homesick,


Here are some Washington DC Waterfront Condos for under 300k http://www.buyandsellnewhomes.com/idx/search.html?refine=true&submit=true&search_location=20024&minimum_pr ... more
0 votes Share Flag Tue Apr 8, 2014 Home Buying in 20910
freestarterm…, Other/Just Looking in Silver Spring, MD
freestarterman answered:
I'm interested in purchasing a foreclosure in silver spring I have cash And rental prop but I retired last year will that affect my ability to
Timothy Northen, Real Estate Investor Housing can also purchase a Section 8 House from H.U.D.
from an Limited Partnership Investor. Discount Housing because, they have phanthom cash t ... more
0 votes Share Flag Fri Apr 4, 2014 Home Buying in 20910
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
Are there any lenders in the DC metropolitan area that would approve an FHA loan with 609 credit score?
Hi Friend,
I assume as it's been three years since you asked this question that you have come to some resolution on it! If not, give me a call. We definitely do it and I am in Silver S ... more
0 votes Share Flag Wed Mar 5, 2014 Home Buying in 20910
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
Harvest Title and Escrow of Rockville
If you are shopping, you won't go wrong with PBX Settlements in Kensington.

Elisa Chaze
240-747-2472

3535 University Boulevard W.
Kensington, MD 20895

https://www.pbxss.com/c ... more
0 votes Share Flag Tue Jan 7, 2014 Home Buying in 20910
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
investment loan
The points do change as you mention, however, they do not necessarily have to be paid out of your pocket. Speak with a lender that has the flexibility to show you options with zero or r ... more
0 votes Share Flag Tue Jan 7, 2014 Home Buying in 20910
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
Mortgage for non-us citizen with a good job?
There are many details to explore to determine whether you can qualify. You need to deal with an experienced lender.

I'm happy to help with the financing or just give you advice. So ... more
0 votes Share Flag Tue Jan 7, 2014 Home Buying in 20910
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
construction loan
Hi Jerry,

Construction/Permanent loans are generally for new construction. It sounds as if you are looking for a rehab loan. Although some people only do the FHA 203(k) program for m ... more
0 votes Share Flag Tue Jan 7, 2014 Home Buying in 20910
Donna Kerr, Real Estate Pro in Silver Spring, MD
Donna Kerr answered:
Need a house near silver spring md 20910 a medium house
Alex, have you found something yet? Please take a look at our active listings and let me know if there is anything I can do.
0 votes Share Flag Sat Dec 28, 2013 Home Buying in 20910
Wayne Christ…, Real Estate Pro in Washington, DC
Wayne Christopher answered:
Are there anymore one bedroom units at 8045Newell street, Silver Spring Maryland, 20910 for sale?The
http://www.kensingtonareahomes.com/mimarket/zip/20910/
Get new listings as soon as they are on the market.
0 votes Share Flag Wed Sep 25, 2013 Home Buying in 20910
Wayne Christ…, Real Estate Pro in Washington, DC
Wayne Christopher answered:
looking for a buyer agent in in silver spring, area.
Lets start here. www.kensingtonareahomes.com. Get community info, market analysis, local schools, compare areas, and inside information about each neighborhood.

When looking for a bu ... more
0 votes Share Flag Tue Apr 9, 2013 Home Buying in 20910
Jay Schlaffer, Real Estate Pro in 20015
Jay Schlaffer answered:
Bride is facing a purchasing contract which she can no longer afford. Can my neighbor's daughter get out of the apartment purchase contract?
No longer having the down payment may not be sufficient to invoke the financing contingency to get out of the offer. It really depends on the wording of the contract. I would strongl ... more
0 votes Share Flag Tue Feb 26, 2013 Home Buying in 20910
Wayne Christ…, Real Estate Pro in Washington, DC
Wayne Christopher answered:
realtor in silver spring area
Hi, Jerry. One of our best transactions was an $80,000 investor purchase. We sold it for $1.5 Million.
We have been in silver spring for 30 years.
0 votes Share Flag Sat Feb 9, 2013 Home Buying in 20910
Wayne Christ…, Real Estate Pro in Washington, DC
Wayne Christopher answered:
We have an offer on a short sale.The seller's agent is not returning calls or emails to our agent. The file is with a negotiator at the bank .
I had a similar experience when trying to make an offer on a home for a client. I asked to speak with a manager and problem was solved.
0 votes Share Flag Sat Feb 9, 2013 Home Buying in 20910
Wayne Christ…, Real Estate Pro in Washington, DC
Wayne Christopher answered:
Settlement Company in Silver Spring, MD
I use Sepi, of Metro Settlements. They are exceptionally good with short sales.


METRO SETTLEMENTS
301-984-0900
www.metrosettlements.com
Contact: Sepi Tafreshi
stafreshi@metrose ... more
0 votes Share Flag Mon Feb 4, 2013 Home Buying in 20910
Wayne Christ…, Real Estate Pro in Washington, DC
Wayne Christopher answered:
I have found a short sale property and I am going through the process of a 203K renovation loan. I was hoping it would be 20k in renovation but a
You can get a conventional 203k product. Leonard Campbell of wells fargo in Columbia MD is the manger and an expert with 203ks
0 votes Share Flag Mon Feb 4, 2013 Home Buying in 20910
Arthur Hardy, Real Estate Pro in Washington, DC
Arthur Hardy answered:
Home listed at 01/2006 sale price. What's a fair offer?
It would be to your interest to hire and work with a professional realtor. One of the reasons for the pricing of this home being higher is because it is in the historic district. I wo ... more
0 votes Share Flag Mon Sep 14, 2009 Home Buying in 20910
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