21403 : Questions & Answers

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Leann Nagi, Real Estate Pro in Calvert County, MD
Leann Nagi answered:
Selling in St. Marys and will rent till we can find land and build. We prefer clean and nice but do not want to pay mortgage sized rent. Options?
Good evening! I would be happy to pull listings for you, in the Edgewater area. Sounds like you'd be highly desirable to landlords given you have no pets and have excellent credit ... more
0 votes Share Flag Sun Apr 28, 2013 Rentals in Annapolis
Richard Tayl…, Real Estate Pro in Annapolis, MD
Richard Taylor answered:
Looking to rent waterfront or water privileged 3 bed 2 bath detached home in $2500-$3500 range. Flexible move-in between now and July.
Easy to do; Call or contact me on at home@click3times,com with your contact info and I will set up a search and go over the process with you. Click on my website to learn more about my ... more
0 votes Share Flag Wed Apr 10, 2013 Rentals in Annapolis
Catherine Pu…, Real Estate Pro in Silver Spring, MD
Catherine Purcell answered:
After foreclosure? Ratification process?
Hello Britt,

There have been instances where the bank does not move towards recording the deed in their name because they don't want to be responsible for the taxes on the property. ... more
0 votes Share Flag Sun Jul 14, 2013 Foreclosure in Annapolis
Richard Tayl…, Real Estate Pro in Annapolis, MD
Richard Taylor answered:
How did we miss this foreclosure!!??
Houses are not put up for sale on the day of foreclosure nor is the bank required to put them up for auction. Sometimes the LA will put up a sign in advance of the MLS listing, but not ... more
0 votes Share Flag Sun Apr 7, 2013 Foreclosure in Annapolis
Rachel Best, Real Estate Pro in Annapolis, MD
Rachel Best answered:
IF the seller wants to add a kick out clause shouldn't they provide proof of another offer to the current contingent buyer?
When working as a buyer's agent I would certainly ask for evidence on behalf of my buyer client BUT the standard MD kick-out clause addendum specifically states the seller does not ... more
0 votes Share Flag Wed Mar 27, 2013 Home Buying in Annapolis
Robert B. Mc…, Real Estate Pro in Maryland
Robert B. McArtor answered:
I'm looking for sheriff sale information in Anne Arundel Co, MD.
I would suggest searching online for the "Paper of Record" for that particular county OR the main Auction Firms that link to their Trustee's Calendar is Alex Cooper Auctioneers, Harvey ... more
0 votes Share Flag Sun Aug 25, 2013 Home Buying in Annapolis
Akil Walker, Real Estate Pro in Bowie, MD
Akil Walker answered:
Does removing a shower stall depreciate the value of a home?
Hi Shelly,

The more baths tend to itself to higher value but since you will be the owner you can do anything you want with the home to accommodate your family's needs. when it comes ... more
0 votes Share Flag Mon Mar 25, 2013 Home Buying in Annapolis
Akil Walker, Real Estate Pro in Bowie, MD
Akil Walker answered:
i am looking for an efficiency apartment in or close to Annapolisis MD for last week of March. month to mont or 6 months lease.
Hi Michael


is there price point you are looking to stay within for your renter?
0 votes Share Flag Tue Mar 26, 2013 Rentals in Annapolis
Jennifer Bonk, Real Estate Pro in Annapolis, MD
Jennifer Bonk answered:
I would like to buy 11 ridout st, annapolis MD. All cash offer. geovannij@yahoo.com
Call me and we can discuss the process for getting it done for you. Jenn Bonk jennbonk@kw.com, 410-499-2251
0 votes Share Flag Tue Mar 26, 2013 Home Buying in Annapolis
Robert B. Mc…, Real Estate Pro in Maryland
Robert B. McArtor answered:
In order to get the short sale moving can we contact the seller directly?
I have to ask you. What is your agent telling you? Is your agent asking the Listing Agent for daily up-dates as to what is happening? The Listing Agent is working on behalf of the Selle ... more
0 votes Share Flag Mon Feb 25, 2013 Foreclosure in Annapolis
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Can you use an FHA 301k construction loan to buy an REO property?
the key is no contingincies followed by teh least amount of contingincies. The banks will choose a lower offer that is guaranteed to close with no contingincies over one loaded with ins ... more
0 votes Share Flag Sun Feb 10, 2013 Financing in Annapolis
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
REO sales? How do we make sure we don't miss out on the foreclosure house we want once it becomes an REO home?
Have you spoken to a realtor? Are you sure the home is going to actually be auctioned off? Sometimes the auctions are put off while the bank and the owner attempts a short sale. Are ... more
0 votes Share Flag Sun Feb 10, 2013 Foreclosure in Annapolis
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
Foreclosure auction
Hi Britt,

They will advertise the property in the paper. The auctions are "as-is" and purchasers who did not see the home previously will not be able to access it prior to the aucti ... more
0 votes Share Flag Sun Feb 10, 2013 Foreclosure in Annapolis
Britt Grothe…, Home Buyer in
Britt Grotheet answered:
House was a short sale no opened as a foreclosure
Hi again-Just wanted to give a bit more background in case it helps someone answer the question. The owner abandoned the home about a yr ago. The home set to go to auction 1x before on ... more
0 votes Share Flag Thu Feb 14, 2013 Foreclosure in Annapolis
The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
We have four small dogs. Will it be difficult finding an area that allows this?
Hi Carol,

Are you planning on renting or buying? If purchasing, I'm not aware of any areas (other than some condo buildings) that would put a restriction on the number of pets. If ... more
0 votes Share Flag Tue Feb 26, 2013 Home Buying in Annapolis
Jackie Kremer…, Real Estate Pro in Pasadena, MD
Jackie Kremer Grove answered:
How does buying a foreclosed house work? Is it really as cheap as it seems?
The transaction is just like any other except the bank is the owner. I haven't seen any houses in Anne Arundel County for $2000. What area were you looking in?
0 votes Share Flag Mon Jan 21, 2013 Foreclosure in 21401
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
what percentage of homes sold within a year in zipcode 21401?
probably all of them:
the word we see is that most have a DOM of about 80 across the Country.
0 votes Share Flag Mon Dec 3, 2012 Home Buying in Annapolis
Richard Iaro…, Real Estate Pro in Crofton, MD
Richard Iarossi answered:
How do realtors get their commission when working with Section 8 tenants?
The compensation to the Brokerage is listed in the Multiple Listing Service. For a rental, it's usually all, or a portion of the first month's rent. The Brokerage then shares that with ... more
0 votes Share Flag Fri Nov 23, 2012 Rental Basics in Annapolis
Fred Glick, Real Estate Pro in Los Angeles County, CA
Fred Glick answered:
My husband and I are looking to purchase a new home. Our situation is a bit complex and we are looking for some advice from seasoned brokers.
Sorry, HobbieCat,

This would never go through the Fannie Mae or Freddie Mac computer approval. Manual overrides are non-existant.

You can hopefully get more income for your renta ... more
0 votes Share Flag Thu Dec 13, 2012 Financing in Annapolis
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