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20906 : Real Estate Advice

  • All26
  • Local Info2
  • Home Buying11
  • Home Selling3
  • Market Conditions4

Activity 151
Tue Apr 8, 2014
Jessica Evans answered:
Yes, there are several studio and 1 bedroom condos in the waterfront area priced under $300k. If you want to send me your email I can send you the listings.
0 votes 8 answers Share Flag
Thu Nov 6, 2014
Jessica Evans answered:
Hello, I would be happy to assist. Is there anything in particular you are looking to find in a buyers agent? Different Realtors have different business styles, I would be happy to answer any questions you might have to determine if I would be a good fit. Feel free to send me a message or give me a call. ... more
0 votes 19 answers Share Flag
Tue Feb 26, 2013
Sally Grenier answered:
First of all, there are too many unknowns here, and we cannot really help you without reviewing the contract. And no offense, but it doesn't sound like your problem. I know you're wanting to help, but getting information 2nd or 3rd hand really isn't helping the situation. Just makes things more confusing. Your neighbor's daughter needs to review her purchase agreement, and probably get an attorney involved to see what's what.

Second, the buyer doesn't pay the realtor a commission, the seller usually does. If the deal doesn't happen, he doesn't get paid. Period.

Third...the buyer doesn't HAVE to buy. If she can't afford it, then it's easy to back out of the contract over loan conditions. (if she doesn't have down payment $$ she likely can't qualify for a loan).

But again...this sounds like third hand info, and it's hard to give you good advice when all the facts aren't available.
... more
0 votes 6 answers Share Flag
Fri Feb 22, 2013
Ron Thomas answered:
If we assume that there are only 6 rooms, (kitchen, 3 bed, 2 bath) with no hall or living room; that would make the average room 8' x 9'
That also comes out to almost $400 per square foot!! ... more
0 votes 4 answers Share Flag
Tue Jan 7, 2014
Catherine Purcell answered:
I have not but if you need a good title company I will be happy to recommend excellent ones to you that I have settled many, many deals through.

To mention a few:

Omniland Title - contact - Steve Hiegel shiegel@omniland.net cell 410 627-5560

RGS Title - Tom Rodden - 301 680-0200

The Jordan Group - Karen Thoms karen@thejordangroup.net 732 996-0193

There are some that I would beware of!!!!!

Sincerely,

Catherine S Purcell

Senior Mortgage Loan Originator
Fairway Independent Mortgage Corporation
200 High Street 5th Floor
Boston, MA 02110
catherinep@fairwaymc.com
cell: 202 573-6035
office: 617 456-1700

NMLS# 19172 FIMC NMLS #2289 MA license# MLO194172
... more
0 votes 4 answers Share Flag
Tue Jan 7, 2014
Miekeba Jones answered:
Hi Jerry, Yes, I am happy to help you. contact me miekeba@heymannrealty.com
0 votes 14 answers Share Flag
Sun Feb 10, 2013
Tim Moore answered:
Call a couple local lenders and speak to a loan officer. You should have done this already, it is step #1 to buying a home. Ask the loan officer if the condo is approved or not, if they do VA loans they will know. You should also contact USAA since they do more VA loans than anyone else and ask them too. ... more
0 votes 9 answers Share Flag
Mon Feb 11, 2013
Eric Coaxum answered:
Sat Jan 26, 2013
KEITH PARKER answered:
Hello Donna . While there has not been any formal announcement from the real estate industry or your local news, buyers that are currently looking for homes are experiencing it first hand. We are seeing multiple offers now on virtually any property that is in "good condition". Supply is getting low and demand is getting high. I just put a home on the short sale on the market 2 days ago and I have received 7 offers. One realtor had a blank contract with her on their showing and wrote the contract at my clients dining room table. It's getting very competitive now. Now is the time to buy! Good question. Call me if you need further assistance. ... more
0 votes 8 answers Share Flag
Thu Jan 31, 2013
Miekeba Jones answered:
The Market is Lovely in Silver Spring!! I have a client relocating to Silver Spring soon!!
0 votes 4 answers Share Flag
Thu Jan 17, 2013
Jan Brito answered:
Mon Jan 21, 2013
Piero Marinucci answered:
IN Montgomery County, the answer to that question is a definite yes. I would guess the same throughout the DC Metro, but I don't know for sure.
0 votes 6 answers Share Flag
Sun Jan 5, 2014
Tim Moore answered:
I have not been to an open house since about Aug of last year and it was maybe 3-5 years before that since I was at the last one. Thankfully we don't have many here since the agents mostly feel they don't do much. That's just my market, others are different. ... more
0 votes 4 answers Share Flag
Mon Feb 25, 2013
Piero Marinucci answered:
Chris, I think Silver Spring, specifically the Wheaton and Glenmont Metro areas, presents the best conditions for rental investment right now. It won't be easy to find something under $150K, but I assure you the opportunities are there.

North Silver Spring, including Leisure World, is a great option. For example, I just sold a unit in Leisure World with a tenant already in place for $95,000. The Condo fee, taxes & insurance came out to $770/month and the rental income was $1,500/month. with around $700 clear you have room for property management and a mortgage if you needed either.

There are also some townhouses and condos in the area that present similar opportunities.
... more
0 votes 6 answers Share Flag
Mon Dec 24, 2012
Greg Myers answered:
Call Pete Hanson with Whitehall Inspecctions , He is located in Silver Spring.

petehanson@comcast.net or 301-908-0325


Greg Myers
RE/MAX Realty Group
0 votes 2 answers Share Flag
Tue Jan 15, 2013
Bola Williams answered:
The market as a whole is experiencing a shortage of inventory. Northern VA is a vast market so you would have to be more specific in terms of what Northern VA market your trying to compare. In the 20903 and 20901 zip codes you will find affordable homes in that price range but there is absolutly a diversity in price in the 20901 and 20903 zipcodes. As for the "nice neighborhood" you will have to check the local statistics as to whether you consider the area nice.

If you're interested in viewing homes in the area feel free to give me a call at 240-723-1822 or email at bolawilliams@lnf.com
... more
0 votes 11 answers Share Flag
Wed Nov 14, 2012
Piero Marinucci answered:
I would say the main consideration is whether or not you think the payment on the 15 year loan would ever be unbearable. If your income should ever take a hit, would you have enough savings to whether the storm? If you think your finances would be comfortable/balanced regardless, go with the 15 year. ... more
0 votes 7 answers Share Flag
Thu Oct 25, 2012
Piero Marinucci answered:
Generally speaking, insurance companies don't like to insure the same thing twice, for two different parties. That said, I'm not sure if there is additional coverage in Renter's Insurance that goes above and beyond the typical coverage.

Your question would be best answered as an email to your insurance agent - you should be adding a "landlord" type rider to your own policy anyway.
... more
0 votes 4 answers Share Flag
Tue Sep 25, 2012
Linda Gray GRI, SRES, CDPE answered:
This is a question for the local police force. I suggest you call the local station and ask them.
0 votes 4 answers Share Flag
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