homes for sale: Am I The Only One....? - 05/22/09 06:29 AM
I keep hearing that the market is picking up.
my fellow Realtors are crowing about the multiple offers their listings are getting within days of putting the home on the market.
my fellow Realtors are complaining that they are coming up against multiple offers on properties their buyer clients want to … (11 comments)
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homes for sale: I Love It When FSBOs Price Their Homes WAAAAAY High - 02/06/09 07:37 AM
I recently got a request from someone in an area I market religiously. It seems they wanted to know what the final price and concessions were for a house I sold in their neighborhood recently. They also mentioned that they has put their home on the market as a FSBO.
Now, … (7 comments)
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homes for sale: A Home With A Price To Notice -- Offered for only $344,900 - 07/30/08 04:25 PM
I had a nice heart-to-heart with the Seller of this wonderful 3 bedroom rambler and he agreed that a price reduction was in order. It's in a fabulous location -- a short bike ride to the University of MD, near NASA Goddard Space Flight Center, USDA and METRO. That's right! You … (2 comments)
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homes for sale: Is Filling in the Blanks Really That Hard? - 05/10/08 01:25 PM
I recently listed a nice townhome in a decent neighborhood for a great price. Sure enough. It got lots of showings and, lo and behold, an offer!! Or was it?
A lot of paper came through my eFax number and into my e-mail box but when I printed it out there … (9 comments)
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homes for sale: Getting Real About Price - 05/06/08 06:10 AM
There seems to be a disconnect between what might be considered a reasonable list price and the price the "new" buyers are offering in the marketplace. Probably, more to the point, there seems to be a disconnect between Realtors doing a little research on homes that match what they're clients … (8 comments)
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homes for sale: Contingent on the Sale of the Buyer's Home - 05/04/08 09:04 PM
During the frenzy of the early "00s when anyone and everyone seemed to be able to get a mortgage and buy a house the Buyer's home sale contingency went out the window. Even though Seller's probably understood that a house would sell quickly, why take the risk or even consider it … (5 comments)
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homes for sale: Is Down Payment Assistance Going Away? - 04/26/08 11:05 AM
I was watching the Nightly Business Report last night and there was one segment in particular that caught my attention -- FHA's No Money Down Loan Program
Here is how the program currently works: Let's say you qualify to make the monthly mortgage payment on a $350,000 house based on your … (7 comments)
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homes for sale: Homes that Qualify for FHA Financing - 04/25/08 12:14 PM
All of these homes are in great shape and move-in condition. The best part is that they all qualify for FHA financing which has very attractive rates, low down payment and flexible credit score requirements. There are a number of ways to work with the Sellers of these homes to assure … (0 comments)
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homes for sale: I tried but I couldn't get it done. - 04/21/08 09:30 PM
Here's my big confession. Not every house I list gets sold. I try and try. I do print. I do Internet. I do Open Houses. I do mailings. I beg for price reductions from the Seller (and get small incremental ones). I try to have the home show in the most … (7 comments)
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homes for sale: A Good Value may not be the Price. - 04/20/08 01:16 PM
A lot of the time Realtors tend to harp on price. "At the right price everything will sell", goes the saying. The lesson here is that if your home isn't selling or if you are currently contemplating putting you home on the market that it would behoove you to set a … (2 comments)
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homes for sale: Please Let Them In! - Showing Your House - 04/19/08 09:21 AM
When you put your home on the market one of the most important things you can do is allow people - potential buyers - to come into your house and look around. It is the rare buyer who, because of circumstances beyond their control, might buy a house sight unseen.
… (15 comments)
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homes for sale: Ahhhhh, Spring! - 03/22/08 12:54 PM
The Spring has always been the "busy" season for real estate. I think it has something to do with the combination of Daylight Savings Time, flowers blooming and the coming end of the school year.
Whatever the real reason is I'm glad that Spring is upon us.
I've actually seen … (1 comments)
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homes for sale: Further Home Sales Declines in Prince George's County - 03/15/08 02:49 PM
This may be old news by now but it bears repeating: The housing boom of 2000-2005 is over. More to the point: It ain't comin' back.
This article in a recent issue to The Gazette the weekly paper distributed for free by the same people who bring you The Washington Post … (2 comments)
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homes for sale: Playing "Mr. Answer Man" for my clients - 03/09/08 07:05 AM
I have a good friend and great past client who recently retired from the Federal Government. It seems that part of what he does with his new found free time is peruse the Internet for news stories and opinion about the real estate market. Every now and then (more frequently than … (7 comments)
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homes for sale: Hot Decorating Tips for Your Home - 02/27/08 06:44 AM
Here is another in a series of great, quick tips on how to make you home more inviting. As you may have heard, the housing market is not is a good a shape as it could be. That's why it's more important than ever that your house look its best when … (0 comments)
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homes for sale: Property Tax Relief for Low to Moderate Income Homeowners - 02/22/08 07:08 AM
A great friend of mine, Doyle Neimann, who also happens to be a State Delegate for Maryland's 47th District alerted me to this program designed to provide some relief for low to moderate income homeowners. The program was originally designed to benefit elderly homeowners on fixed incomes but applies to anyone … (0 comments)
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homes for sale: Showing with Tenants in the House - 02/15/08 07:19 PM
I have a client that has a rental property and they would like to sell it, do a 1031 Exchange for a little townhouse in another part of town and eventually move into it a few years down the road pre-retirement.
Sounds fine by me. I can recommend a great Qualified … (7 comments)
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homes for sale: Is God Testing Me? - 02/14/08 12:26 PM
There used to be a time when I went on a listing appointment that I felt I had an 80/20 chance of getting the listing by the time I walked out of the house. I prepared well, had a great presentation and I'm a nice guy, to boot.
Lately, though, I've been … (8 comments)
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homes for sale: Zillow...The Feel Good Site - 02/12/08 09:33 PM
I'm in the process of refinancing my own home. Yes, I admit it. I took out a 5/1 ARM when I bought the place and, guess what? The ARM is set to readjust in September. Rather than wait until rates go back up, I'm doing it now. Besides, my wife is … (3 comments)
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homes for sale: Unrealistic Expectations - 02/06/08 02:15 PM
You know, you would think by now that I would be immune to the unrealistic expectations a lot of people have about the real estate market. But I'm always surprised when a buyer coming into the market tells me they want a 4 BR, 3 BA single family home with a … (12 comments)
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