Am interested in moving my family into the Rock Creek Forest Elementary area & am unsure whether to rent or buy?Any interesting?

Asked by Daveswords, Chevy Chase, MD Sat Dec 12, 2009

prospects/offerings?

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Answers

9
Adam Isaacson, Agent, Chevy Chase, DC
Mon Apr 8, 2013
Hi,

I live very close to this school and my daughter attends the adjacent elementary school, Rosemary Hill. I'd be happy to talk. 301-775-0900 or adam@adamisaacson.com - http://www.adamisaacson.com

It's a great area!

Adam
0 votes
Dallas Texas, Agent, Dallas, TN
Wed May 19, 2010
Once you own a property receive annual tax benefits , you OWN the home never have worry about rental increases OR property owner wanting sell the property.

You can customize the home per your specifications

And build a lifetime of family memories children will remember to call it home .

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes
Stanley Bars…, Agent, Rockville, MD
Wed May 19, 2010
Hi Dave,

It is the perfect time to move into Rock Creek Forest. I just sold a home for under $500k in the neighborhood on East West Highway, in the BCC cluster. The value, interest rates, and size of home makes it hard to pass up. Feel free to drop me a line if you would like me to send you some data on homes that are available in Rock Creek Forest or other surrounding areas.

I look forward to hearing from you.

Regards,

Stan Barsch
Long & Foster Realtors
Downtown Silver Spring
Web Reference:  http://www.stanleybarsch.com
0 votes
Gerard Dunn, Agent, Chevy Chase, MD
Sun Apr 11, 2010
What is your time horizon for living there? Is it 7-10 years - or is it a temporary move?

This is a great school and a great community. Certainly a good investment for long term.

Feel free to call me for candid advice on the community and let me show you how to determine the best way to decide on what to do.

Good Luck!

Gerry Dunn - 301-651-8600
Associate Broker
Serving Maryland, DC and Northern Virginia
0 votes
Baron Willia…, , Bethesda, MD
Sat Apr 10, 2010
Hi Dave,

I have lived in Rock Creek Forest and am a leading agent in the immediate area, please contact me directly at 301-404-1000.

Best Wishes,

Baron
0 votes
Alex Saenger, Agent, Rockville, MD
Mon Jan 4, 2010
Hi Dave,

My opinion is that it depends on how long you plan to be in the property. If it is less than 2 years, it is probably not worth it. BUT, if you are planning to be in there for 5 years or more, then it very well could be in your best interest. That is, if you are looking at the property as an investment as well as a home. Why? Because there are so many financial reasons to buy right now. These included (but are not limited to):

* Home Buyer Tax Credit up to $8,000 if you ratify a contract before the end of April.
* Motgage rates are not likely to get any lower than they are now. That means it is very unlikely to get money so cheap in the future as right now.
* Your mortgage payment goes to paying off YOUR loan, not someone else's
* The DC metro area home values are projected to rise between 2-4% this year. In 5 years+ that number could be MUCH higher. That means, even if you don't pay that much off on your mortgage, the property can appreciate over time so that when you move/sell, you are actually MAKING money, just for living there. That isn't the case when you rent.

There are a lot of components to consider in your specific model. I would be happy to work up some scenarios with you to find the best model for your individual needs. If you are interested, please feel free to contact me directly at alex@alexsaenger.com. I wish you great success whichever way you decide to go!

Alex
alex@alexsaenger.com
Web Reference:  http://www.alexsaenger.com
0 votes
Piero Marinu…, Agent, Silver Spring, MD
Sun Dec 13, 2009
In Chevy Chase, the easy answer is that it is cheaper to rent than to own. That said, there are a lot of factors (like your downpayment amount) that can have an impact on this answer. As ar a return on investment, I'm not sure there is a better place in Montgomery County than Chevy Chase.

I you're interested in talking this through, just let me know. I have access to a program which will give you a detailed analysis based on your inputs. If not, you might try the rent vs. buy tool available at this link:

http://www.bankrate.com/calculators/mortgages/rent-or-buy-ho…

Best of luck to you.
Web Reference:  http://www.thedcrealtor.com
0 votes
Cecil Jackson…, , Potomac, MD
Sat Dec 12, 2009
Dear Homebuyer,
If you would like, you can get additional information on the area around Rock Creek Forest Elementary with the following links: http://www.MarylandDCHomeValues.com You can request information on the homes in area 20815 as a buyer and it will email you information on current homes, prices, community information, the schools, etc. In regard to buying vs. renting; you should ask yourself what is your "Why". Compile a list of
pros and cons for both. There are many factors which go into a decision like that and the proper forum would be to schedule an appointment with a Realtor or Broker to discuss your individual needs. After the discussion; a customized action plan toward purchasing or renting could then be implemented. If you
would like to discuss your "Why" and the decision to buy or sell, please feel free to contact us!
Liz & Cecil Jackson
Jackson Premier Properties, Inc.
http://www.JacksonPremierProperties.com 301-972-4181 Office Cell: 202-390-7728 or 202-390-7729

Home search: http://www.jacksonpremierproperties.com/custom-home-search.asp
0 votes
Ramesh Chand…, Agent, Arlington, TX
Sat Dec 12, 2009
I would have to ask u so many qs. to give u the right answer.
I am assuming that u r looking in Chevy chase side , not silver spring side.
That alone can make a difference.
Please contact me for a thorough discussion.
rgds,
Ramesh Chandra
703 635 8209
mepcigroup@gmail.com
0 votes
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