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chevy chase homebuyer: Updates on Congressional Action Before the Adjournment - 10/07/10 07:43 PM
· Congress approved a one-year extension of the existing loan limits for Fannie Mae, Freddie Mac and the Federal Housing Administration. This allows the government’s loan guarantee and insurance programs to continue backing home loans of up to $729,750 in markets with the highest cost of living. Retaining the current higher conforming loan limits will allow homebuyers in higher cost areas to have access to affordable mortgage financing and share the same opportunity to achieve homeownership that borrowers in other regions of the country enjoy. This extension, which is good through Sept. 30, 2011, also expands the FHA’s capacity to … (1 comments)
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chevy chase homebuyer: New 10 Day Time Limits on Short Sales! - 01/17/10 10:18 PM
The most frustrating component of a short sale is waiting for the bank to approve the buyer's offer. Now that all may change under new federal guidelines that give lenders a 10-day limit in which to respond to purchase offers.
The U.S. Treasury rules, which will be applicable to banks that owe the federal government the repayment of TARP bailout funds, start to apply in April 2010.
The Treasury rules, in addition to imposing a 10-day deadline for bank decisions, call for sellers to receive $1,500 moving allowances-and for the sellers to not have to repay any of the debt. Also, lenders will … (12 comments)
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chevy chase homebuyer: THE AMAZING GREEN CUCUMBER - 01/09/10 08:19 PM
1. Cucumbers contain most of the vitamins you need every day, just one cucumber contains Vitamin B1, Vitamin B2, Vitamin B3, Vitamin B5, Vitamin B6, Folic Acid,Vitamin C, Calcium, Iron, Magnesium, Phosphorus, Potassium and Zinc.
2. Feeling tired in the afternoon? Put down the caffeinated soda and pick up a cucumber. Cucumbers are a good source of B Vitamins and Carbohydratesthat can provide that quick pick-me-up that can last for hours.
3. Tired of your bathroom mirror fogging up after a shower?Try rubbing a cucumber slice along the mirror.It will eliminate the fog and provide a soothing, spa-like fragrance.
4. Are … (12 comments)
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chevy chase homebuyer: Buying a Foreclosure - Buyer Beware - 12/05/09 10:02 PM
If you are like many buyers who have been reading the real estate section of your local newspaper, you probably think a foreclosed house may be the best deal. According to the NAR, these houses often sell for about 15 to 20 percent less than comparable homes in the same neighborhood.
Despite the seemingly great deals however, anyone considering buying a foreclosed house should heed the classic warning: Caveat emptor, or let the buyer beware.
First, getting a contract on a house in a desirable neighborhood can be hard to do. Many buyers are outdone by all-cash bidders. Buyers also need to search … (7 comments)
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chevy chase homebuyer: NEW LISTING COMING IN KENWOOD FOREST! - 11/18/09 10:16 PM
I am so excited that I finally got my buyer the house that he wanted - even with the difficulties of negotiating with the seller's expectations in this market. Now the fun truly starts - seriously!
My buyer will be putting his home on the market in Kenwood Forest, my favorite market area in all of Chevy Chase and Bethesda. His home is a Rosewood model with 3 bedrooms upstairs and 2 full baths. On the main level is a gracious living room with fireplace, a dining room with french doors opening to a deck overlooking trees, and a table space kitchen. … (3 comments)
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chevy chase homebuyer: UPDATE ON KENWOOD PARK - 11/14/09 08:52 PM
If you are looking for a home in Bethesda or Chevy Chase, you should definately consider Kenwood Park.
Kenwood Park is a community in Bethesda Maryland built in the late 1950s along River Road between Goldsboro Road and Wilson Lane. It is slightly less than 600 homes with values ranging from the high $700's to the mid $2 millions.
Currently there are 4 homes on the market for sale.
6004 Lenox Road, Bethesda, MD 20817
6004 Lenox Road is an elegant residence on a corner lot in Bethesda. With 5 bedrooms, 5 full baths and 2 half baths, this home has all … (0 comments)
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chevy chase homebuyer: 1 in 20 or 5%? It Makes a Difference - 11/12/09 12:43 PM
I start each morning by checking my email messages and a few posts on Active Rain while I am waiting for the coffee to drip. This morning I read an blog by Dean Jackson which gives four great topics to blog about from www.realestateblogideas.com. Dean noted that 1 person in 20 plans to buy a new house next year.
I confess that my day brightened when I read that 1 person out of every 20 plans to buy a new house. I imagined myself walking through a mall this afternoon surrounded by potential buyers - Every 20th person I saw was going to be a … (6 comments)
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Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA,Coldwell Banker
Washington,
DC
More about me…
Keller Williams Metro Team Realty
Address: 15204 Omega Drive, Rockville, MD, 20850
Office Phone: (240) 401-5577
Cell Phone: (240) 401-5577
Email Me
As an full time and very active Realtor in the DC metro area, I love to write about the DC market, special communities within the market, and new listings, and to connect with other agents in ActiveRain on ways to improve our service to the public and our marketing abilities.
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