Home Buying in Rockville : Questions & Answers

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Sunita Trehan, Home Owner in Rockville, MD
Sunita Trehan answered:
can we rent a 2br apartment even without ssn? Our parents will provide the monthly payment and a cosigner is willing to help us.
What is the reason for not giving SSN? Anything is possible but I will think ten times before renting to a person who doesn't want to disclose required information. I used to trust pe ... more
0 votes Share Flag Mon Apr 15, 2013 Home Buying in Rockville
Catherine Pu…, Real Estate Pro in Silver Spring, MD
Catherine Purcell answered:
First-time home buyer question about financing/tax/etc. implications of purchasing and then renting out...
Hello, under these circumstances, you may be subject to investor financing which have higher interest rates. Taxes on investment properties are also higher.

Catherine Purcell
0 votes Share Flag Mon Sep 23, 2013 Home Buying in 20852
Piero Marinu…, Real Estate Pro in Silver Spring, MD
Piero Marinucci answered:
Can a G4 visa holder apply for mortgage while putting a 20% payment down? Is there any difference in the interest rates?
You can get a mortgage, but there are only a couple of banks where you can get such a loan (if you pay taxes here and can show a lengthy work history, you may be fine with other banks a ... more
0 votes Share Flag Fri Apr 12, 2013 Home Buying in Rockville
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
What are my local public schools?
GOOGLE "baltimore school districts"
you can do it!
0 votes Share Flag Tue Nov 19, 2013 Home Buying in 20850
Christine Sh…, Real Estate Pro in Bethesda, MD
Christine Sherrod answered:
What information do you have regarding the re-development of the White Flint Mall and surrounding area?
Hi David,
Visit www.whiteflintproject.com or google white flint project.
Christine
0 votes Share Flag Sat Mar 9, 2013 Home Buying in Rockville
Jeff Escher, Real Estate Pro in Rockville, MD
Jeff Escher answered:
What areas should my husband and I consider to buy single family home, that will keep a commute time under an hour besides rockville?
In Montgomery County, you might want to look into northern Silver Spring, Burtonsville, Olney, Laytonsville, maybe even Damascus. Germantown has a Marc station, so you might also consi ... more
0 votes Share Flag Mon Oct 29, 2012 Home Buying in Rockville
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
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
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
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
Effy Lamp, Real Estate Pro in 21131
Effy Lamp answered:
are split level home less preferable than colonial style in the Washington DC/MD/VA area?
In general, Colonials are the most preferred homes buyers choose but then it's a tie between split levels and Ranchers. Many older buyers who are looking for less steps prefer bot ... more
0 votes Share Flag Thu Nov 17, 2011 Home Buying in 20851
Patty Smith,…, Real Estate Pro in Frederick, MD
Patty Smith, Realtor answered:
How to talk to a real estate agent (I am not 100% satisfied with) if you are thinking of switching to another agent?
Good Morning Mary Lan:

You should speak to your agent and let them know why you are not happy with their services. If they don't change or fix the problem, then let them kno ... more
0 votes Share Flag Tue Aug 14, 2012 Home Buying in 20851
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
Buyer agency contract
Hi Nathan,

Why wouldn't you want to sign a contract? This protects you as well as the Realtor. If for some reason you are unhappy with your Realtor at a future time, you can a ... more
0 votes Share Flag Sat Sep 17, 2011 Home Buying in 20850
David Burnham, Real Estate Pro in Washington, DC
David Burnham answered:
What percent below list should I bid?
Talk to your agent to determine what homes have been selling for. Typically, homes go for about 96% of asking price in Rockville, but this is an average. Some homes go for more, some ... more
0 votes Share Flag Tue Nov 19, 2013 Home Buying in 20850
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