Home Buying in Potomac Falls : Real Estate Advice

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Henry Carmona, Home Buyer in Mico, TX
Henry Carmona answered:
We prequalified for a mortgage, the builder insists that we submit an application and get preapproved by their designated lender. Is this legal?
I know this is an old post but,
This is NOT legal, not even for a Pre-qualification.
RESPA is specific on requiring (pre)qualifications.
0 votes Share Flag Mon Aug 8, 2016 Home Buying in 20165
Michelle Tre…, Real Estate Pro in Huntley, IL
Michelle Trebat answered:
Do builders like Toll Bros pay agents at settlement who bring in a buyer? I heard they pay up to 5%...Is it fair to ask my agent for 1 or 2%?
Plain & Simple: The Commission Agreement is between the seller (the builder) and the broker (real estate company) -- not between the seller (the builder) and the buyer; therefore, this ... more
0 votes Share Flag Mon Dec 15, 2014 Home Buying in 20165
Vivianne Rut…,  in Fairfax County, VA
Vivianne Rutkowski answered:
I have a townhouse and may be about 60k underwater. How do we upgrade and keep the current property?

The fact that you are $60K underwater on your townhome - your current primary residence - is NOT a deciding factor in a purchase of your next home. Frankly, it is quite irrel ... more
0 votes Share Flag Wed Sep 21, 2011 Home Buying in Potomac Falls
jo,  in Hollywood Hills, Los...
jo answered:
Why is there a huge price disparity (for SFH) within zip code 20165 Sterling VA? Thanks!
Here in Los Angeles, there are places where mile to mile you go from slums to million $ homes and then back again...Is it on a hill? View? Shops? Neighbors? Everything plays a part.
0 votes Share Flag Fri Oct 15, 2010 Home Buying in 20165
Erin Kavanagh, Real Estate Pro in Ashburn, VA
Erin Kavanagh answered:
I am interested in buying a single house within these zip codes: 20165,20171? 3 Bed, garage, Basement. Any?
There are many choices, What is your price range?
0 votes Share Flag Thu Nov 5, 2009 Home Buying in 20165
Vicky Chrisn…, Real Estate Pro in Purcellvile, VA
Vicky Chrisner answered:
I'm currently in the process of purchasing a house (a bank approved short sale) that has what we believe to
Celtic Gal - you are buying the home with the illegal tenants? Before you buy, there's not much you can do. I probably wouldn't settle until the illegal occupants were gone. However, ... more
0 votes Share Flag Thu Jan 1, 2009 Home Buying in 20165
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