20850 : Questions & Answers

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Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
I found a house on my own and asked my agent to arrange a showing and we looked at the house. Can I use another agent to buy the house?
You can use another agent to complete the purchase of the house. If you had felt that the advice was good, then you would only be ethically bound to continue working with her. If you ... more
0 votes Share Flag Tue Sep 25, 2012 Home Buying in Rockville
Jonathan Lah…, Real Estate Pro in Rockville, MD
Jonathan Lahey answered:
Seems like the only new construction in Rockville is Chestnut Lodge off W Montgomery Ave. Any others? Why is pricetag so high?
Hi there, there are other new construction homes in Rockville. Take a look at the link below for the complete list.
0 votes Share Flag Mon Oct 29, 2012 Home Buying in Rockville
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
When is the high season for housing sale (for selling) for property in a good school district ?
We are right in the middle of it:
During the summer, most houses show best;
Weather is sunny
No standing water
Roofs don't leak
Flowers are in bloom
Leaves are still on the trees
... more
0 votes Share Flag Tue Jul 3, 2012 Home Selling in 20852
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
What is Broker's Open House? what is its purpose? disadvantages/advantages? when it should be scheduled (before or after public open house)?
A broker open house is when only other agents come to see your house. It is to introduce other agents to your house so they can get a feel for it and hopefully show it to buyers they ha ... more
0 votes Share Flag Mon Jun 25, 2012 Home Selling in 20852
Jeff Escher, Real Estate Pro in Rockville, MD
Jeff Escher answered:
Any advantages/disadvantage to list your home when another property (in same neighborhood, very similar home) just got on the market?
Just make sure you don't sell the competition! Have the house in tip-top shape, and price it at/below the other home. Also, be sure the buyer agent co-op fee is equal/above your neighb ... more
0 votes Share Flag Mon Jun 25, 2012 Home Selling in 20852
Piero Marinu…, Real Estate Pro in Silver Spring, MD
Piero Marinucci answered:
We got the radon test report back at 10 (above the US EPA Action Level of 4.0 pCi/L.). Any recommendations?
You can get a venting system installed in the house, back out of the deal, or move in at your own risk.
0 votes Share Flag Thu Jun 21, 2012 Home Buying in 20852
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Do you recommend to have radon test done when purchasing a home in montgomery county, MD?
Does it have a basement? If no move on because you won't need to. If yes then have it tested.
0 votes Share Flag Sat Jun 16, 2012 Home Buying in 20852
Darrell D. D…, Real Estate Pro in San Antonio, TX
Darrell D. Drouillard answered:
how much of my monthly income should be spent on rent? i am one year removed from college and making less than 30k
Hi David!

At the extreme max, I would recommend no more than 1/3 of your monthly income. In fact, many property management companies will not approve you if you are self-qualifying ... more
0 votes Share Flag Mon Jun 18, 2012 Rental Basics in Rockville
Greg Myers, Real Estate Pro in 21771
Greg Myers answered:
What is the value of a 2 bedroom townhouse on Azalea DR?
There have been 2 settlements of 2 bedroom townhomes in the Regent Square subdivision Azalea drive is located in. One 2 bedroom settled at $249,000 and the 2nd townhome settled at $256, ... more
0 votes Share Flag Mon Nov 3, 2014 Market Conditions in Rockville
Jan Brito, Real Estate Pro in Bethesda, MD
Jan Brito answered:
What are the advantages/disadvantages for listing the home slightly above the market value OR slightly below the market value?
Mary - Often the best strategy is to list your home AT market value. Listing slightly above may mean a longer time on the market. Slightly below would obviously mean a shorter time on ... more
0 votes Share Flag Wed Mar 6, 2013 Home Selling in 20852
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Do appraisal values from lenders and R.E. agents' appraisals from comparable market values usually match up? if not, why?which one is accurate?
Please do not call, what we Realtors do, an APPRAISAL:
Only Appraisers do an Appraisal.
Realtors do a CMA, or Comparative Market Analysis.

If both are done correctly, they should b ... more
0 votes Share Flag Thu May 24, 2012 Home Selling in 20851
Bruce Lemieux, Real Estate Pro in Montgomery County, MD
Bruce Lemieux answered:
How close are appraisal values from Trulia or other similar sites like Zillow, Refin? Do agents (buyer or seller) use those estimates?
Hi Mary - the values you see on these sites are not actual appraisals, but the results of computer algorithms. Are they pretty accurate? They can be for a home that's in a neighborhoo ... more
0 votes Share Flag Sat Aug 18, 2012 Home Buying in 20851
Hugh Le, Real Estate Pro in Rockville, MD
Hugh Le answered:
things to ask /look for when selecting an agent to represent you as a buyer?
Make sure the the agent is knowledgeable about the area. Most agent tend to farm a certain neighborhood or zip code. Your agent is the most important person on your side when it comes t ... more
0 votes Share Flag Tue May 22, 2012 Home Buying in 20851
Jonathan Lah…, Real Estate Pro in Rockville, MD
Jonathan Lahey answered:
Are short sales really good deals? what should buyers know before pursuing a short sale property?
Hi Mary,

Before pursuing a short sale deal, I always ask my clients what their time frame on moving is. If you need to move immediately, then a short sale may not be ideal for you; ... more
0 votes Share Flag Fri Sep 26, 2014 Home Buying in Rockville
Marie Souza…, Real Estate Pro in Centerville, MA
Marie Souza Team answered:
House without central AC. What do I need to know before consider the house?
Cost will vary depending on each property. Your agent should be able to guide you here & get you in contact with a local pro who can give you a quote.
0 votes Share Flag Thu Jun 21, 2012 Remodel & Renovate in 20852
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
How would I go about finding out whether or not a neighborhood has a gas line hooked up ?
You can start by having your Realtor research listings to see if any have gas. In many cases an experienced agent can tell you by neighborhood what services are available. If gas is a ... more
0 votes Share Flag Thu Apr 26, 2012 Remodel & Renovate in 20852
Bruce Lemieux, Real Estate Pro in Montgomery County, MD
Bruce Lemieux answered:
Old house sold as is with oil furnace and water heater baseboards. What should I be concerned?
Hi Mary - Even if the home is sold 'as-is', you still want to have the entire home inspected. Since this type of system is uncommon, and more complicated that standard forced-air syste ... more
0 votes Share Flag Thu Apr 26, 2012 Remodel & Renovate in 20852
Charlotte Sa…, Real Estate Pro in Ellicott City, MD
Charlotte Savoy answered:
Do I have to stay with my agent? Can I keep the contract when I transfer the brokerage?
I would recommend getting legal advice. It really depends on what your Buyer Agency agreement says. If the home is under contract already, then the Broker must still represent you bec ... more
0 votes Share Flag Mon May 14, 2012 Home Buying in 20850
Jules Cole, Real Estate Pro in Gaithersburg, MD
Jules Cole answered:
This address was for sale a week ago. What happened?
Kpebabie,

If you have an address or MLS number, I would be glad to research the property and provide you with the current status.

Jules Cole
Keller Williams Metro Team Realty
30 ... more
0 votes Share Flag Mon Aug 13, 2012 Home Buying in Rockville
Brent Mendel…, Real Estate Pro in Bethesda, MD
Brent Mendelson answered:
In process of buying short sale, now I find out it's an FHA short sale. Isn't APT done before listing? Are we in trouble?
Maybe. There are different rules. First question. Are the current owners late on their mortgage? They MUST be late or the sale will be derailed @ the end. Happened to me. All worked @ t ... more
0 votes Share Flag Thu Apr 26, 2012 Home Buying in 20852
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