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Home Selling in Potomac : Real Estate Advice

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  • Local Info10
  • Home Buying37
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Activity 19
Fri May 19, 2017
Kerrio247 asked:
I'm curious if we do this and sell it, say to buyers we bring in ourselves. I don't understand the process. We are in Florida, btw.
0 votes 0 Answers Share Flag
Mon Mar 27, 2017
Rachel Valentino asked:
I have made this request for 2 weeks and nothing is being changed. I can't send reports to my client because it's not under our listings. PLEASE UPDATE ASAP. We've been extremely…
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Tue Jun 21, 2016
Jonathan Lahey answered:
Hi Bernadette,

I have found this link for better understanding of a Comparative Market Analysis on Real Estate :

http://www.realtor.com/advice/understanding-the-comparative-market-analysis/ ... more
0 votes 13 answers Share Flag
Mon Jun 20, 2016
Jonathan Lahey answered:
Found this link might explains better : https://federaltitle.com/blog/closing-costs-montgomery-county-maryland
0 votes 6 answers Share Flag
Wed Jun 15, 2016
Jonathan Lahey answered:
Yes i do believe , that appraisals change , it is not fixed always ..
0 votes 12 answers Share Flag
Mon Jun 13, 2016
Jonathan Lahey answered:
The house or properties should have a records , there you can check all of the information's .
0 votes 7 answers Share Flag
Mon Jun 13, 2016
Jonathan Lahey answered:
Hello,

Reading the agreement again is the best thing to do , you can check then those agreement under sign so no need to discuss more and more and end up fighting .. and taking pictures for evidences is best when they move in and out you can see the differences! ... more
0 votes 6 answers Share Flag
Sun Jun 5, 2016
Jonathan Lahey answered:
Yes , I agree contract and Inspection shall be made ..
0 votes 9 answers Share Flag
Sun Jun 5, 2016
Jonathan Lahey answered:
It is good to talk to your Agent , it will be nice and proper if you do the process by letting Him/Her know that you need to terminate Him on that listing to avoid mis understanding :)
0 votes 15 answers Share Flag
Sun May 29, 2016
Jonathan Lahey answered:
Sometimes Trulia is checking your list before it will be posted , or you can ask your agent listing so he can do follow ups checking on it!
0 votes 2 answers Share Flag
Tue Mar 29, 2016
Jonathan Lahey answered:
i also agree with your Agent, holidays is a busy day.. traffic and lots of people is out with families and friends you cannot concentrate on checking the home , and you will be tired because of the traffic. ... more
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Tue Mar 29, 2016
Jonathan Lahey answered:
Hi jared,

heres for zillow - https://zillow.zendesk.com/hc/en-us/articles/202036344-How-do-I-search-for-homes-
and for trulia - http://www.trulia.com/ click on search on top ..

Hope it works well for you.. ... more
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Mon Mar 28, 2016
Jonathan Lahey answered:
Try this link too : http://bccdcrealestate.com/2010/11/17/home-inspection-vs-general-inspection/
0 votes 11 answers Share Flag
Sat Apr 6, 2013
Catherine Wallenmeyer answered:
Bernadette, there is a difference between a "loan commitment" and a "pre-approval". However, a loan commitment which includes a complete review of the file and underwriting approval includes an appraisal be completed as well. This can vary by lender. It is best to work with a lender who has in-house underwriting, processing, and closing departments as things move more quickly since everything is local. I would be happy to assist you with your loan process as we do have this type of service. Typically with our company, it takes 24-48 hours for underwriting to issue a loan approval. That said, an appraisal can take anywhere from 2 days to 1 week, depending upon the appraiser.

Feel free to contact me and I can ensure you a smooth process. I look forward to serving you.
... more
0 votes 5 answers Share Flag
Wed Mar 21, 2012
Gary Geer answered:
Most of the time when you have showings and no offers it's due to the price. Buyers will look at all similar homes and then buy the home that offers the most value for them. 95% of the time price is the issue. Everything sells at the right price. By lowering your price more buyers will qualify to buy your home. The best practice is to lead the pack not to follow. Ask you agent for recent SOLD com parables and then price your home accordingly to get your home sold. Don't pay attention to active listed prices as this what seller's hope to sell their home for. Sold pricing represents what buyer's will pay for a similar home. Make the change and get ready to move.

All the best,
Gary Geer

www.ggeer.illinoisproperty.com
... more
0 votes 10 answers Share Flag
Fri May 21, 2010
Arthur Eustace answered:
Alex's explanation is very good, however make sure it is a reputable title company. Some have been known to disappear overnight, and for that matter, so have some brokerages.

Here are some other reasons for depositing the earnest money with the title company:

1. The settlement date is very near and clearing the broker's escrow account may take too long
2. The deposit is larger than the commission that will be paid. The puts an inconvenient duty on the broker to cut an overage check to be delivered to the settlement company.
3. The lender always wants proof that the deposit check has cleared. Brokers like that the title company communicates that task as well.
4. Some brokers prefer the title company holding the deposit in case there is ever a dispute over disbursement, in fact, it is some brokerages policy to never hold earnest money deposits.

When representing the Buyer, I want to make sure my client's deposit is in a safe place. There are a lot of small REO LLC brokerages, many of them very new, that may insist on holding deposits. I won't risk placing my client's earnest money with anyone that I am unsure about. When I was 11 years old, my parents bought a brand new home in Laurel. The builder's sales agent and title officer conducted 4 false settlements, stealing all of the deposit money and all of the money sent by the lenders for the borrowers. A builder's representative came to our home 3 months later and asked "What are you doing in our house" My parents had to move. They didn't have to pay back the home loan, but they lost their deposit (proceeds from the previous home sale), everything that they had put into the deal. The crooks were arrested.

I suppose it was much easier to rip off home buyers in 1967. I guess the moral is- Know who is handling the transaction money.
... more
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Wed Jan 20, 2010
Annette Burger answered:
If the home is priced correctly as to comparables and it is in good condition it usually can take 60 to 90 days to attract buyers. If you wish to discuss further please give me a call at 301 661 4503 or 301 881 9800 ext 402. ... more
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Mon Jan 11, 2010
Alex Saenger answered:
Chances are, the contract is void. If you have an agent, ask them to go over the fax. If not, you can seek advice form an agent who services Potomac, MD and they can review the documents for you and give you an opinion.

I do service Potomac, and my office is in the heart of Potomac at River and Falls Roads. I will be in the office tomorrow if you would like I can take a look for you then.

Alex Saenger
Realtor & Internet Marketing Specialist
Serving Potomac Maryland, Montgomery County and surrounding areas in Maryland.
... more
0 votes 7 answers Share Flag
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