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Home Buying in Fort Washington : Real Estate Advice

  • All77
  • Local Info4
  • Home Buying28
  • Home Selling5
  • Market Conditions4

Activity 37
Kelly Branch, Renter in New York, NY
Thu Aug 4, 2016
Kelly Branch asked:
Sally Grenier, Real Estate Pro in Boulder, CO
Tue Jul 21, 2015
Sally Grenier answered:
Pretty much impossible for anyone here to give you a clear answer. The person you should be asking is your REALTOR. We have no idea what market conditions are like in that area. Your agent should do a CMA (comparative market analysis). He/she will look at recently sold properties that are similar in location, size, price, condition, etc. They'll also look at homes that were listed and never sold, and homes currently on the market. ... more
0 votes 1 answer Share Flag
murphkitty m…, Other/Just Looking in Doraville, GA
Sat Jul 4, 2015
murphkitty murphy answered:
Only if you have a good income or are married. period. this program is not as great it makes out to be.
0 votes 5 answers Share Flag
cctemple56, Home Buyer in New Iberia, LA
Fri Feb 27, 2015
cctemple56 asked:
Josh Barnett, Real Estate Pro in Chandler, OK
Sat Jan 24, 2015
Josh Barnett answered:
sure you can, just place the info in the description of your property.
0 votes 2 answers Share Flag
Dr. Walter B…, Real Estate Pro in Washington, DC
Tue Sep 9, 2014
Dr. Walter Bowman Sr answered:
i have a great loan officer who can help with this particular situation. She specializes in getting people into the homes of their dreams with all types of credit problems. I will also help you search for the perfect home. i am a military veteran so i know exactly how valuable your time is and i will work hard to make sure you and your family are happy. Contact me and i will get to work today. Thanks ... more
0 votes 1 answer Share Flag
Paul Venable, Real Estate Pro in Arlington, TX
Tue Aug 26, 2014
Paul Venable answered:
NACA program for buyers may be good for them, but there is much to be disclosed upfront IMO to the listing agent who represents the seller. Such as the home inspector the buyers hire must be NACA approved and once the inspection is completed a copy of the inspection report is sent to NACA's rehab (called HAND) dept to review and they will pick out the repairs that must be done prior to closing, much like "lender required" repairs, even if the buyer's are getting a conventional loan. The repairs must be made by the seller at seller's expense or escrowed or the cost of repairs can be rolled on top. If the seller makes the repairs the home inspector comes back over to inspect them (for NACA) to get a "clear to close". It's important to remember too, if the buyer is giving the seller an Option fee check the seller needs to cash / deposit it right a way; NACA requires the buyer's checks be put through there banks prior to closing (a NACA closing cond). Many NACA buyer agents fail to mention this upfront. Also NACA does not pay all closing costs, the buyers must pay for their pre-paids such as taxes and insurance - they can still ask the seller to contribute towards the closing costs by asking them to pay for these costs. I say be aware and ask ALOT of questions if you get an offer from a NACA approved buyer. To me, this is another down payment assistance program through HUD that has buyers entering into a mortgage with "no skin in the game" - more of what contributed to housing mess in early 2000's. ... more
1 vote 3 answers Share Flag
Susan Reinha…, Real Estate Pro in Annapolis, MD
Fri Jan 3, 2014
Susan Reinhart answered:
I agree with Lanree-what did you agree upon? Did you have an agent represent you to protect your rights?
Congratulations! Being a homeowner is rewarding.
0 votes 7 answers Share Flag
Takeenya Woo…, Real Estate Pro in Greenbelt, MD
Mon May 6, 2013
Takeenya Woodard answered:
Hello Ms. Brown
If you have not already signed a buyer agreement met with a NACA agent. I can help you. I am approved with NACA , I currently have buyers in the NACA program and I also purchased my first home with NACA. So you are defiantly making a good decision to take advantage of the homebuyer program NACA offers.

Takeenya Woodard
Exit Bennett Realty
... more
0 votes 6 answers Share Flag
Phil Seldon, Real Estate Pro in Annapolis, MD
Mon Apr 8, 2013
Phil Seldon answered:
Hi Hugh, I'm an agent who lives in and specializes in Ft. Washington. It's easy enough to do a specialized Market analysis with limitations on the date range and within a one mile radius of the subject property... contact me if you would like assistance. There is no charge to give you a hand. ... more
0 votes 2 answers Share Flag
Dorene Slavi…, Real Estate Pro in Torrance, CA
Sun Mar 17, 2013
Dorene Slavitz answered:
Dear James,
You really do need to enlist the help of an excellent "buyer agent" to help you. Each property is different, and the motivation of the seller is also different. My general opinion however, is that the market is changing and you will have little to no success with the "low ball"strategy.
I have actually seen sellers throw offers in the trash that were annoying or insulting to, buyer beware.
... more
0 votes 12 answers Share Flag
Miekeba Jones, Real Estate Pro in Silver Spring, MD
Fri Feb 22, 2013
Miekeba Jones answered:
Hi cdbrown28, I have experience with short sales and they are lengthy. Fortunately my last short sale listing sold 10 weeks. Generally a short sale minimum length on the market is 12 weeks. My negotiator is the best!!! ... more
0 votes 5 answers Share Flag
Phil Seldon, Real Estate Pro in Annapolis, MD
Tue Feb 19, 2013
Phil Seldon answered:
With 3rd Party Approval, they can take as few as 45 days, but to be honest, it is really on a case-by-case, Lender by Lender basis. Each Deal is unique... even in the same lender, like Bank of America, the process changes from Asset Manager and Negotiator to the next. Not what you want to hear, but it is the Truth! ... more
0 votes 1 answer Share Flag
Al Hallivis, Real Estate Pro in Annapolis, MD
Mon Feb 4, 2013
Al Hallivis answered:
I appreciate the correction. Commissions can be as high as 10% total. But I was pointing out the cost for the seller to be 2.5% to 4% (aka 5-8% total as the average). When the customer can get a variety of answers it is helpful. ... more
0 votes 3 answers Share Flag
Wed Jan 9, 2013
KEITH PARKER answered:
Hello Curtis. The answer as been stated is no if you are already a home owner in Maryland . The benefits of buying with cash will exceed any other perks you would get if you were in that classification such as: contract preference,less closing cost,no lender fees,lower purchase price etc. Now is also a great time for investing in real estate if you have cash. Let me knowing I can be of some assistance. ... more
0 votes 6 answers Share Flag
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