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20852 : Real Estate Advice

  • All34
  • Local Info2
  • Home Buying18
  • Home Selling10
  • Market Conditions0

Activity 114
Mon Apr 15, 2013
Sunita Trehan answered:
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 people and rented my properties on parent's co-signatures but in EACH case they trashed the apartments and parents could not come up with rent even. You can take them to court (most of the time out of state) and get the judgement but can you collect the judgement? Is it worth it?

It's better to get a good, hard working tenant who cares about his/her credit score and lower the rent or give last month free.
... more
0 votes 3 answers Share Flag
Mon Sep 23, 2013
Catherine Purcell answered:
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 3 answers Share Flag
Fri Apr 12, 2013
Piero Marinucci answered:
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 as well).

As far as the interest rates, most of those loans for foreign nationals are based on the LIBOR (the British version of the US Federal Reserve Rate) so rates will vary from typical loans you see advertised. As for how much different they are, you would have to speak directly to the bank about rates (and eligibility).

I hope that helps, best of luck to you.
... more
0 votes 5 answers Share Flag
Tue Dec 13, 2016
Piero Marinucci answered:
By cashing the check, the tenant did not give up any rights to dispute.

As long as you can prove when the check was mailed, included an itemized list of what was withheld/included in the check amount, plus can show receipts for any items you deducted from the deposit, you're fine. ... more
0 votes 4 answers Share Flag
Fri Mar 15, 2013
Piero Marinucci answered:
Are you in Rockville or Baltimore? You might try contacting the bar association or real estate attorney clubs, something like that.

Only tell them the first 3 sentences youve posted here... ... more
0 votes 3 answers Share Flag
Sat Mar 30, 2013
Jan Brito answered:
Happy to help. Contact me at 301-646-5774.
0 votes 13 answers Share Flag
Sun Feb 24, 2013
Piero Marinucci answered:
I'm certain there's a question in there somewhere...
0 votes 6 answers Share Flag
Tue Nov 19, 2013
Ron Thomas answered:
GOOGLE "baltimore school districts"
you can do it!
0 votes 9 answers Share Flag
Sun Oct 2, 2016
Tony McMahon answered:
Here is what is available that's close to your criteria ( See attached link ). As far as commenting on the quality of a neighborhood etc. Realtors are not permitted to steer or guide you towards a specific area or not. Also it is a little early to begin viewing potential rentals for June at this time, as these may or may not be available. You should probably begin viewing rentals around April, In the mean time you can begin figuring out the areas you would be most comfortable living in. ... more
0 votes 8 answers Share Flag
Thu Dec 27, 2012
Piero Marinucci answered:
The landlord can't just send you a list - they must provide receipts that show what work was done. Also, the landlord cannot charge you for work they did themselves, only for materials. ... more
0 votes 5 answers Share Flag
Sat Mar 9, 2013
Christine Sherrod answered:
Hi David,
Visit www.whiteflintproject.com or google white flint project.
Christine
0 votes 6 answers Share Flag
Fri Feb 8, 2013
Piero Marinucci answered:
The qualifications are typically based on the Freddie Mac requirements in order to sell your loan in the secondary market.
0 votes 8 answers Share Flag
Wed Mar 6, 2013
Robert McArtor answered:
You are speaking of what we consider a "Broker's Open House". We can certainly discuss this option. Also remember that once the property is listed, most agents will certainly be aware within the community that your property is now on the market. I have absolutely reached out to other agents who have recently sold within the community with some success. It does not mean however that that particular agent is specifically working with Buyers within that area. I have have many agents come from other counties and zip codes to show my properties. ... more
0 votes 4 answers Share Flag
Wed Nov 2, 2016
Jessica Hood & Laura Roskelly answered:
Hi Bernadette,

Find an experienced agent with a proven marketing plan and they do the work for you. QR codes are pretty cool but ultimately useless. Great preparation with a clean staged home, great photos and mass Internet exposure are all you need. ... more
0 votes 9 answers Share Flag
Wed May 15, 2013
Alison Hillman answered:
Hi Jackie,

That's a good question! You should work directly with an agent who can help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an agent, just click on the yellow button on the property's listing and you will be able to start a dialogue.

Please let me know if you have any questions or if I can help with anything else. I am happy to be a resource for you. Good luck with the search!

Best,
Ali, Trulia Voices Community Manager
... more
0 votes 6 answers Share Flag
Wed Mar 6, 2013
Phil Rotondo answered:
The national average for closing an open house is less than two percent; so one in a row on any day and time may be plenty.
As to traffic; the more the merrier for the agent doing the open house who gets prospective buyers. ... more
0 votes 7 answers Share Flag
Mon Oct 29, 2012
Jeff Escher answered:
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 consider Boyds, Poolesville, Clarksburg. The further north you go, the more for your money, but the compromise is the commute. ... more
0 votes 13 answers Share Flag
Wed Mar 6, 2013
Tim Moore answered:
45-60 is pretty common in this area now.
0 votes 8 answers Share Flag
Wed Aug 29, 2012
Jody Seibert answered:
You will have a financing contingency on all but cash offers and the loan terms must be stated. More than likely, the Buyer qualifies for the loan amount at 3.5%, but may or may not at a higher rate due to debt/income ratios. What exactly are your concerns in regard to this contingency? ... more
0 votes 1 answer Share Flag
Wed Mar 6, 2013
Jessica Hood & Laura Roskelly answered:
Yes, absolutely. One of the best markets we've seen in 7 years!
0 votes 12 answers Share Flag
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