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What Happens After The Tax Credit Expires? - 04/27/10 08:42 AM
In case you didn't know it, the $8,000/$6,500 Tax Credit expires on Friday. Anyone looking to purchase a home and take advantage of that credit needs to have a ratified contract in place by the end of Friday. The big question on every real estate professionals mind is: "What happens after the tax credit expires?". It's a significant cause for concern, especially with all of the media hype that has surrounded the incentive. Several media outlets have lamented the end of the credit, claiming that the real estate market could end up going off another cliff, with buyers simply not getting (0 comments)
Building an Eco-Friendly Kitchen - 04/22/10 01:54 PM
I ran across this video online and I figured that with today being Earth Day and all, this would be a very timely post! If you're looking at more ways of going green, here's a great example of an Illinois home that's designed an eco-friendly kitchen! (2 comments)
Charles County's Tax Sale List for 2010 is Out - 04/21/10 10:13 AM
Charles County just published the list of properties with delinquent taxes that are going up for sale this year in the Maryland Independent. Tax sales like this are a popular way for investors to make money. What is a Tax Sale? If you're bidding on properties in a tax sale, what you are bidding on is not the property itself but rather the right to collect the unpaid taxes, or lien, on the property. If you win a bid at a tax sale, you have the right to collect interest on the unpaid tax debt and if the debt is not (0 comments)
Freddie Mac Reports on Emerging Short Sale Fraud Trends - 04/21/10 10:01 AM
Melissa Zavala in North San Diego County Just posted this, and It's important to share. This decision may change the course of action for a lot of investors out there. Via Melissa Zavala Realtor® North San Diego County Homes (Broadpoint Properties): I received a few emails today with regard to what seems to be an update to the Freddie Mac website. More specifically, Freddie Mac has updated one page of their website which discusses what they call Short Payoff Fraud. I reviewed the site, and am not surprised by either their definitions or their solutions. In a nutshell, here is what Freddie Mac (1 comments)
Wanna Save Money on Remodeling Projects? Try Habitat for Humanity ReStores! - 04/19/10 12:17 PM
Whether you consider yourself a DIY master or someone just looking to do minor fixes around the house, saving money on the project is always top of the list. No matter what the project, you should start it by stopping off at your local Habitat ReStore. If you are not familiar with the charity, Habitat for Humanity uses volunteer labor and donated supplies to build housing for low-income families. The Habitat ReStores resell donated supplies (usually for home improvement) at reduced prices. Anything from lumber to paint to lighting to appliances - yes, even the kitchen sink! Southern Maryland is home (0 comments)
Waldorf, MD 5k Run: I Survived! - 04/19/10 12:12 PM
Well, it's official: I survived the Waldorf 5k. I wasn't planning on failing, and I wasn't worried about whether or not I was going to finish. I was worried about whether or not I was going to make it! You see, I made 2 big mistakes with this years race: Mistake #1- I was an idiot and decided to have Burger King for dinner the night before and, Mistake #2- I slept through my alarm and woke up 15 minutes before the start of the race! Now most normal, rational individuals would know better than to chow down at a greasy (0 comments)
Southern Maryland Seeing Shades of Green? - 04/19/10 12:04 PM
Southern Maryland, (and more specifically, Waldorf) developer American Community Properties Trust (ACPT) recently announced plans for a community of green, energy-saving homes right here in St. Charles. Their vision entails a 12,000 home community, complete with offices, stores, and industrial parks. ACPT is also banking on plans for a large solar energy facility and natural gas plant coming to fruition in the same area. The reported energy-saving features of the homes in the planned community include: Low flush, low flow toilets and showers Better-than-normal insulation Recycled carpets Energy Star appliances Energy-saving windows Smart thermostats What ACPT doesn’t mention is that SMECO (0 comments)
Saint Charles Half Marathon is This Weekend! - 04/17/10 01:01 PM
Runners at their marks! Charles County is having it's first half marathon this weekend. The Saint Charles half marathon is being held at the Regency Furniture Stadium in Waldorf, MD, and the organizers are planning for hundreds of runners to show up and participate. Events like this one are great for Charles County. Although drivers should probably avoid the area around the stadium and Rt. 488 during the event, the half marathon will be a boost to tourism and local businesses. Runners are expected to arrive from several states to participate, and the money they spend will go directly into the (2 comments)
5 Things to Look for When Buying a Home in Southern Maryland - 04/17/10 12:59 PM
Let's face it, searching for a home can be overwhelming! Between mountains of paperwork, tons of homes on vying for your attention, and a multitude of financing options unique to Southern Maryland, the prospect of finding the perfect home to suit your needs can be very challenging indeed! The important thing to remember is this: When you're buying a home it can become easy to forget about some of the features you really need in a new home. Is storage space important to you? Your new home may have plenty of storage now, but will still have enough space for you (0 comments)
Food For Thought When Buying a Home - 04/13/10 03:44 PM
Let's face, searching for a home can be overwhelming! Between mountains of paperwork, tons of homes on vying for your attention, and a multitude of financing options unique to Southern Maryland, the prospect of finding the perfect home to suit your needs can be very challenging indeed! The important thing to remember is this: When you're buying a home it can become easy to forget about some of the features you really need in a new home. Is storage space important to you? Your new home may have plenty of storage now, but will still have enough space for you in (1 comments)
10 Tips for Buying Your First Home in Southern Maryland - 04/13/10 02:53 PM
Are short sales and foreclosures tempting you into home ownership? Did you find the perfect starter home that happens to be listed at an amazingly low price due to foreclosure? It’s certainly a buyers market here in Southern Maryland! If you think that home ownership can be had for less money now than before, you’re right. However, don’t bite off more than you can chew. Sure, you can buy a used Mercedes Benz and stay in your budget, but you better be prepared when maintenance bills come due. Forbes.com has a great list of 10 tips for first time home buyers (0 comments)
Charles County Public Schools May Limit New Construction - 04/13/10 02:49 PM
The Charles County commissioners recently made some changes to now require seats (or spots for students) be open at all schools and at all levels (elementary, middle, and secondary) before more new homes are allowed to be built. According to the Maryland Independent, this ‘one seat, one residence’ rule has allowed between 138 and 144 new homes to be built over the past year and a half (see School allocations granted). As you can see, the rule is trying to help avoid the ever present problem of school overcrowding without completely stunting residential growth to the county. However, the allocations are (0 comments)
Why Some Homes Will Never Sell - 04/09/10 06:49 PM
Teresa Boardman over at the St. Paul Real Estate Blog recently posted a very direct article about homes that "eat" Realtors. The concept sounds funny, yet the reality behind it is anything but. The fact is, some homes sit on the market for years without being able to sell and the home ends up going through several different listing agents, each failing to get the home sold. Here's how it happens: Step 1: A seller lists their property in Southern Maryland with a Realtor. Realtor does a Comparative Market Analysis (CMA), and determines the home is worth $250,000, and the seller (199 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.