Home Buying in Hyattsville : Questions & Answers

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Lanre Folayan, Real Estate Pro in District of Columbia
Lanre Folayan answered:
I'm a little confused as to why the new EYA development is selling for much higher than the Pulte Arts district townhomes?
Hello Alexandria22303.

Like I just sold EhmDee, I really don't know why EYA developments are selling for much higher than the Pulte Arts District townhomes. It can be a number of thi ... more
0 votes Share Flag Sun Jun 1, 2014 Home Buying in Hyattsville
Calvin Holt, Real Estate Pro in College Park, MD
Calvin Holt answered:
Is a $345 price for a smaller townhome at Arts District Hyattsville too much?
www.marylandhouses4sale.com is a good website to follow the ongoing housing stats for Hyattsville.
0 votes Share Flag Sun Jan 5, 2014 Home Buying in Hyattsville
Calvin Holt, Real Estate Pro in College Park, MD
Calvin Holt answered:
where can I get a 5 bedroom house for $1200?
another good website is www.marylandhouses4sale.com
0 votes Share Flag Sun Jan 5, 2014 Home Buying in Hyattsville
Natalie Dean…, Real Estate Pro in 20015
Natalie Dean-Vinson answered:
What is the story with Loft22 at Univeristy Town Plaza, 6506 America Blvd, Hyattsville MD. Are they a good buy? I need your thoughts...
Hi Tawanda:
There are currently about 8 active properties on the market and ONLY ONE short sale. These being condos that is remarkable. They are newer and the community seems well kept ... more
0 votes Share Flag Wed Dec 5, 2012 Home Buying in Hyattsville
Theresa Shea…, Real Estate Pro in Maryland
Theresa Sheaffer answered:
As a RE Agent, it is my duty to review all lease applications and submit, (1) ALL applications that meet the eligibility criteria (income, credit,
Our job is to facilitate the transaction. Not make any decisions for our clients. I wouldn't even think of putting myself in that kind of position by screening anything. Sounds like a ... more
0 votes Share Flag Mon Sep 3, 2012 Home Buying in Hyattsville
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Does anyone have the solution to purchasing a Condo that has a high deficiency rate other than a Conventional Loan with 20% down.?
Lease-option the property, with a provision that the option doesn't have to be exercised until the delinquency rate declines.

Or use a land trust. The owner moves the property into t ... more
1 vote Share Flag Sun Sep 2, 2012 Home Buying in Hyattsville
Greg Myers, Real Estate Pro in 21771
Greg Myers answered:
What is the scoop on non-FHA rehabilitation loans?
You might investigate the CDA (Community Developement Act) programs. Chevy Chase bank in the D.C. Metro area was the largest participant in the CDA programs but since Chevy Chase Ban ... more
0 votes Share Flag Sat Mar 17, 2012 Home Buying in Hyattsville
Akil Walker, Real Estate Pro in Bowie, MD
Akil Walker answered:
what's the process to negoitiate a foreclosure property?
Homebuyer Mike,

By now I am hoping you were able to have successful transaction for the property you were interested in. I would suggest you and your agent take a look at the comps i ... more
0 votes Share Flag Thu Feb 3, 2011 Home Buying in Hyattsville
Alqamar Malik, Real Estate Pro in Bowie, MD
Alqamar Malik answered:
I'm looking a house that is an estate sale and therefore needs court approval. How does that work? What is the timeline? Should I have a?
Sullivan the timeline on an estate sale will depend on how far along in the process the courts are on that particular home. Most savvy agents would have gotten all the legalities out of ... more
0 votes Share Flag Tue Mar 9, 2010 Home Buying in Hyattsville
David Zucker…, Real Estate Pro in Frederick, MD
David Zuckerman answered:
Hello! How long after you clear collection items off of your credit report should you wait before getting pre-approved?
Depends on several factors:

What is the time frame for when you are tryign to purchase a home. Are you trying to buy a home and be under contract by the end of April in order to tak ... more
0 votes Share Flag Fri Feb 26, 2010 Home Buying in Hyattsville
Alex Martinez, Real Estate Pro in 20906
Alex Martinez answered:
why property tax is so high in University park, PG county, MD? Thanks
2 Reasons why;

1. You are paying for both City and County Tax.
2. Both Jurisdictions are considering older, Comps for their assessments.

Sebastian
0 votes Share Flag Sun Feb 7, 2010 Home Buying in 20781
Cher Varnum-…, Real Estate Pro in Ellicott City, MD
Cher Varnum-Glenn answered:
I need to find a rent to own/lease to purchase home for my family in the DC Metro Area (specifically within a
Hello LH, you need to definetely sit down with a Realtor and crunch the numbers for your current property in Capitol Heights to see what makes sense. If you can sell without losing any ... more
0 votes Share Flag Sun Jul 19, 2009 Home Buying in Hyattsville
Voices Member,  in
Voices Member answered:
Question re: home appliance requirements in Maryland.
wait
don't consider buying now
washington, northern virginia
prices still declining
more to go

anyways

good luck
0 votes Share Flag Mon Mar 31, 2008 Home Buying in 20781
Bill Wootan's…, Real Estate Pro in Waldorf, MD
Bill Wootan's Team One answered:
I'm looking at a house in Hyattsville w/a crawlspace fndtn and no basement. Will it be tough for me to sell?
Maryland has a very high water table, and I was like you, when I moved here from 25 years in Atlanta, and being born & raised in Indiana, was suprized that I could not find a rambler wi ... more
1 vote Share Flag Sat Mar 29, 2008 Home Buying in Hyattsville
Dora Siverio…, Real Estate Pro in 20724
Dora Siverio-Macholl answered:
My husband and I are considering putting in an offer on our first house. A 3bd 1.5ba in Hyattsville, MD.
All the answers provided are good! I strongly agree with with the agent that mentioned that, BUYER is the one who really set the tone in this market. And you are obviously a well infor ... more
0 votes Share Flag Mon Mar 17, 2008 Home Buying in 20781
Marvin EMarv…, Real Estate Pro in Maryland
Marvin EMarv Corea answered:
I'm thinking of buying an investment property in the art district.
Regardless of where you are looking to buy a rental, you need to be sure you are ready to invest in rental property. You have to ask yourself whether you want to be a landlord which is ... more
0 votes Share Flag Fri Mar 7, 2008 Home Buying in Hyattsville
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