Market Report for all the market activity The Villages Of Urbana 21704
* All CONDOS for sale in Villages of Urbana * All Townhouses for sale in Villages of Urbana * All Single Family Homes for sale in Villages of Urbana * All Foreclosures in Villages of Urbana * All Short Sales in Villages Of Urbana * All distressed properties included in this report
HELP HEREThis market report below is for the first week of November 2009. This includes all Active Homes including SHORT SALES and FORECLOSURES.
This report includes all of the homes that are under contract. If you are new to the area. . this neighborhood is very convenient because it's proximity to Washington DC and still holds a country flavor that reminds you of small town USA Shopping and Entertainment galore! What has started in 1999, it has now grown to 3000 Housing units. It has two elementary, one middle and one high schools within a mile. A Giant Grocery Store, Public Library, J&P Pizza,ChopStix Chinese Food, Subway, and a variety of other stores in the shopping village. Residents enjoy a private pool,community center, tennis courts, walking trails and basketball court
There is an influx of first time home buyers looking in this neighborhood because of it's convenient location, the new EXTENDED tax credit of $8,000 and affordable prices makes it a no brainier to buy now.
Here’s what’s happening in the Villages of Urbana.
The real estate market activity during this month seems to be leaps and bounds ahead of last year for buyers. According to the Washington/Maryland Multiple Listing Service, there are 23 homes available to buy in all the "Villages" At the same time, 1 home sold this month so far. A total of 24 homes are under contract. Potential buyers shouldn’t wait. With a strong buyers market, combined with low mortgage rates, now’s the time to get a great deal on your dream home.
Total Number Of SOLD FOR NOVEMBER SO FAR : 1
Total Number Of SOLD FOR OCTOBER : 7
Number Of SOLD FOR SEPTEMBER : 12
Total Number Of SOLD FOR AUGUST : 9
Total Number Of SOLD FOR JULY : 12 Total Number Of SOLD FOR JUNE: 12 Total Number Of SOLD THIS YEAR SO FAR : 87
For Homes in Villages Of Urbana MD 21704
I want you to know that you may call me for any reason. And please let me know if a friend, family member or neighbor needs a caring, competent real estate professional to help in buying or selling. I truly appreciate your friendship and referrals. My direct number is 240-426-5754
Homes and Condos For Sale in Montgomery Village Maryland
Weekly Stats FOR ALL Homes for Sale in
Montgomery Village
Maryland 20886
Market Report for all the market activity for the following neighborhoods in:
Montgomery Village 20886
Apple Ridge,Charlene,Christopher Court,ClubsideFairidge, Fairway Island, Goshen Overlook, Holly Pointe Kingspoint, McKendrie,McRory,Meadowgate,Mills Choice,Nathans Hill,Normandie On Lake,Overlea,Partridge Place Prathertown,Ridgefield,Rosewood Estates,Salems Grant,Shadow Oak, Stedwick (a neighborhood under Montgomery Village) Stewart Town,Suffolk Place,Thomas Choice West,Walkers Choice,Walkers Ridge,Watkins Mill and Whetstone
This market report is COMPLETE and includes :
* All CONDOS for sale in Montgomery Village * All Foreclosures in Montgomery Village * All Short Sales in Montgomery Village * All distressed properties are included in this report
This market report below is for the first week of November 2009. This includes all Active Homes includingSHORT SALES and FORECLOSURES.
I'm including all of the homes that are under contract. This week we are working with Asset Managers and we have an order of 50+ Foreclosures for MD and VA This is to pave our way for obtaining more REO properties to find and control the best bargains out there.. .you get front row seat by just going to www.Herboso.com .. .or click on the Hummer below.
If you are new to the area. . this neighborhoods are very convenient because it's proximity to the Metro (Shady Grove), plus Shopping and Entertainment galore!! Lake Forest Mall is in the west side of MV. HELP HERE
SHORT SALES SHORT SALES SHORT SALES
There are 111 properties under contract in Montgomery Village at this moment. . MOST OF THEM ARE WAITING FOR BANKS APPROVALS. SHORT SALES take a little more time. .. but the bargains are still there!Here’s what’s happening in Montgomery Village
The real estate market activity during this month seems to be leaps and bounds ahead of last year for buyers. According to the Washington/Maryland Multiple Listing Service, there are 76 homes available to buy in all Montgomery Village. At the same time, 4 homes have sold this month so far. Potential buyers shouldn’t wait.
Total Number Of SOLD FOR NOVEMBER SO FAR : 4 Total Number Of SOLD FOR OCTOBER : 32
Number Of SOLD FOR SEPTEMBER : 31 Total Number Of SOLD FOR AUGUST SO FAR : 35
Total Number Of SOLD FOR JULY : 48 Total Number Of SOLD FOR JUNE: 33 Total Number Of SOLD THIS YEAR SO FAR : 263
For Homes in Montgomery Villge MD 20886
I want you to know that you may call me for any reason. And please let me know if a friend, family member or neighbor needs a caring, competent real estate professional to help in buying or selling. I truly appreciate your friendship and referrals. My direct number is 240-426-5754
A timely post from Elizabeth Weintraub about buyer agents advising their clients that a short sale offer is just a formality and some of them are also being encouraged to write dozens of offers to see if one of them will stick. .
The ramification for the seller in a short sale is serious and the time will come when someone will be the example when they get sued and punished.
Sometime around mid-October, I received an offer on one of my Sacramento short sales. The buyer's agent swore that the buyers loved the home. On top of that, the agent promised in writing not to write any more offers for those buyers as everyone waited for short sale approval. We received approval from one lender and were working on gaining cooperation from the second lender when a cancellation of purchase agreement appeared in my email inbox.
The explanation was the buyers decided they could not afford the improvements they wanted to make. They had not gone back to the home since the day they wrote the offer. This epiphany seemed to have come to them right after they received the approval letter, when reality sunk in. The agent didn't have the guts to pick up the phone and call me. For all I know, that agent had been out showing these buyers other homes and writing other offers.
If that was the case, this agent could possibly be held liable for breaking the REALTOR Code of Ethics. Article 1 says agents must be honest with each other. On top of that, though, buyers who walk away from a short sale after signing a contract could be held liable for breaching the good faith covenant inherent in contracts. A lawyer could argue in court that those types of buyers probably had no intention of following through on the purchase should a better opportunity present itself along the way.
Moreover, what if the seller was already in foreclosure, facing a trustee's sale, and relying on this particular buyer to perform? Is it possible that the seller could hold the buyer personally liable if the seller lost the home to foreclosure as a result of the cancellation? I'm not a lawyer, and I can't give legal advice, but it seems to me that it's possible a seller in that situation might have legal recourse against such a buyer.
After all, by ratifying the contract, the buyers prevented the seller from selling to a serious buyer -- a buyer who may have been able to perform during the allotted time frame. Buyers who are writing multiple purchase offers on Sacramento short sales may want to rethink that kind of strategy. What do you think? Do short sale sellers have a legal right to sue a buyer for damages if that buyer's failure to perform and breach of good faith leads to foreclosure?
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Elizabeth Weintraub is an author, home buying columnist for The New York Times-owned About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout Sacramento. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. DRE License # 00697006.
The Short Sale Savior, by Elizabeth Weintraub, available through bookstores everywhere and at Amazon.com.
Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.
Have you heard of Dave Ramsey? The money managing guru from radio talk shows and Fox (comedy)channel.
I had the privilege to be in attendance of his 2 day annual Realtor conference last week in Tennessee.
As part of the 2 days, we were the audience in a special live radio show. He'd say, "I'm here with 300 of the top real estate agents in the nation." and he had a show devoted to Real Estate. It was quite an eye opener to see in the flesh.
One thing that really took me aback was his open hostility to BOA. Twice did he mention negative things about them.
One just said they had a loan with BOA, and he said there you are you made a bad decision. and words leaving the listener in no doubt that he did not like BOA. I was very interested to find out why this almost hatred openly on air. It can't be just the poor short sale track record surely.
We heard from another potential buyer who had waited 5 months for a short sale in Michigan. When the listener admitted it was a BOA short, there was a loud sign of disapproval from the audience and another very derogatory statement from DR. Bluntly said give up and find another house.
Wow!!
Countrywide BOA, you have to do something, now!! your reputation is dirt.
Rockville MD Homes For Sale 20851 Twinbrook and Twinbrook Forest in Rockville Maryland All Homes for sale in Rockville MD Twinbrook Plus Weekly Stats Rockville Maryland 20851
Market Report for all Homes For Sale in Twinbrook and Twinbrook Forest in Rockville Maryland 20851
All Homes For Sale in Twinbrook & Forest
All Foreclosures in Twinbrook & Forest
All Short Sales in Twinbrook & Forest
All Hud Homes in Twinbrook & Forest
All Rent With Option To Buy in Twinbrook & Forest
Also Search Below for
* All Foreclosures in Rockville * All Short Salesin Rockville * All distressed properties included in this report
This market report below is for the last day of September 2009. This includes all Active Homes including SHORT SALES and FORECLOSURES.
I'm including all of the homes that are under contract. Twinbrook Neigborhoods in Rockville Maryland was founded in the early 1950's This neighborhood is surrounded by convenience in transportation, shopping and it's proximity to downtown Washington DC . The exact location is between Aspen Hill andRockville Center. /span>
________________
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DATES & TIMES
Saturday November 7, 20099:00 a.m. - 7:00 p.m.
Sunday November 8, 200910:00 a.m. - 5:00 p.m.
________________________________
Here’s what’s happening in your neighborhood.
The real estate market activity during this month seems to be leaps and bounds ahead of last year for buyers. According to the Washington/Maryland Multiple Listing Service, there are 12 homes available to buy in all Twinbrooks neighborhood. At the same time, 6 homes have sold this month so far. Also there are 20 properties under contract status . Potential buyers shouldn’t wait. With a strong buyers market, combined with low mortgage rates, now’s the time to get a great deal on your dream home.
Don't let this happen to you. . Keep your 401K, don't spend it on a bad mortgage, there are other options www.Short-Sales-Expert.com
Tigre also has a brand new list JUST PREPARED of PRE-FORECLOSURES for this neighborhood. If you want a copy. . Just give him a call just sign in here.
Total Number Of SOLD FOR NOV so far : 0 Total Number Of SOLD FOR OCTOBER : 9
Total Number Of SOLD FOR SEPTEMBER : 6
Total Number Of SOLD FOR AUGUST : 8
Total Number Of SOLD FOR JULY : 8 Total Number Of SOLD FOR JUNE: 6 Total Number Of SOLD THIS YEAR SO FAR : 58
For Homes in Twinbrook Rockville MD 20851
I want you to know that you may call me for any reason. And please let me know if a friend, family member or neighbor needs a caring, competent real estate professional to help in buying or selling. I truly appreciate your friendship and referrals. My direct number is 240-426-5754
* All Foreclosures in Gaithersburg's Lakelands * All Short Salesin Gaithersburg's Lakelands * All distressed properties included in this report
This market report below is for the fourth week of October 2009. This includes all Active Homes for sale including SHORT SALESand FORECLOSURES. Also I'm including all of the homes that are under contract.
Here’s what’s happening in the Lakelands today. .
Gaithersburg Winter Lights Festival Back for its 14th Season
For thirteen years the City of Gaithersburg’s Winter Lights Festival has dazzled audiences throughout the Washington metropolitan area.It’s back for its fourteenth season, ready to welcome thousands to enjoy the traditional 3.5 mile drive through a magically transformed SenecaCreekState Park.
But first, enjoy a sneak preview of the lights when you drive through the park on Saturday or Sunday, November 28 or 29. During the two-day premiere the festival will be open from 6 to 10 p.m. Admission is $14 per car.
Ok, back to the Real Estate Market: The real estate market activity during this month seems to be leaps and bounds ahead of last year for buyers. According to the Washington/Maryland Multiple Listing Service, there are 20 homes available to buy in Lakelands and 0 homes wer sold so far this month. A total of 8 homes are under contract. Potential buyers shouldn’t wait. With a strong buyers market, combined with low mortgage rates, now’s the time to get a great deal on your dream home.
Tigre also has a brand new list JUST PREPARED of PRE-FORECLOSURES for this neighborhood. Just give us a call or sign in here.
Call me at 240-898-1848 ext #1 for my report: " How To Purchase a Foreclosure in Montgomery County for 60 cents on the Dollar !"
Total Number Of SOLD FOR OCTOBER : 6 Total Number Of SOLD FOR SEPTEMBER : 8
Total Number Of SOLD FOR AUGUST : 9
Total Number Of SOLD FOR JULY : 15 Total Number Of SOLD FOR JUNE: 5 Total Number Of SOLD THIS YEAR SO FAR : 62
For Homes in Lakelands Gaithersburg MD 21708
I want you to know that you may call me for any reason. And please let me know if a friend, family member or neighbor needs a caring, competent real estate professional to help in buying or selling. I truly appreciate your friendship and referrals. My direct number is 240-426-5754
All the talk about short sales this blog outlines how to get ready to sell.
If you've decided to go ahead and sell your house, it's important to have a sales strategy planned out before you even put your house on the market if it's short or not; your agent can tell you or just call me. 772-579-1981 It's also important to have a strategy that both you and your agent agree on, right down to the last detail. With all the details of your plan firmly in place, you'll have a strategy that will help your sale go more quickly and more smoothly when you start receiving offers from buyers.
What Should a Good Strategy Include?
Your sales strategy should incorporate two mini-plans, one for marketing your property, and the other for financial considerations and interacting with buyers.
Marketing your house effectively is a crucial part of the sales process. Marketing is designed to get as many people as possible through your front door, because the more interest you create in your property, the better your ability to negotiate a good sale price. This section of the plan should include things such as:
Advertising, photographs, and signage.
Whether or not you decide to hold open homes.
How you're going to "stage" your property to increase its appeal.
Ways to emphasize the strengths and downplay the weaknesses of your property and neighborhood
The second part of the plan should include the following considerations:
Your initial asking price. Do you want to consider a range pricing strategy?
If the market is slow, how long will you wait before making a price reduction, and how much will the reduction be?
Negotiation with potential buyers.
Range Pricing Strategies
Range pricing is a way of getting more buyers through your front door. Using a range pricing strategy means listing your house at a price range you find acceptable, rather than a firm price. For example, if your home is valued at $275,000, you might list your range as $250,000-$275,000. This way, you get more buyers coming through your home, and while they may offer bids that are lower than you want to accept, you have the option to negotiate a price that's more to your liking. Range pricing strategies are an excellent way of generating interest in your property in a slow market, but are less useful when the market is strong.
Negotiating with Buyers
During the offer and counter-offer process, what do you want to stand firm on, and where are you willing to compromise? Consider such things as:
The length of the closing period.
Who pays closing costs?
Who pays for repairs that might be needed. Will you pay for the repairs yourself or negotiate a reduced sale price to compensate the buyer for repair costs?
Beware of so-called "open-ended contingencies" when negotiating with potential buyers. An example is a buyer who makes an offer subject to them selling their own property before buying yours. If you end up negotiating with such a buyer, counter with a clause that states you have the right to accept a better offer if it should be offered to you.
Other Things to Consider
Will you hire a home inspector to do your own inspection before putting the house on the market? It's an extra expense, but it can give you a firmer negotiating position if you're aware of problems the house may have before it goes on the market.
Review your strategy regularly. If something isn't working for you, don't be afraid to change it if you and your agent can work out a better one.
Sharkey short sales, short sales, expert facilitator
A new program was recently introduced by Fannie Mae , essentially it does create a new option for people losing their homes. .
They turn in their homes to the bank . .
and the bank becomes a landlord to rent it back for market value.
Here is an excerpt:
_____________
Introduction
Fannie Mae is introducing the Deed-for-Lease Program (D4L), a program designed to minimize family displacement, deterioration of neighborhoods caused by vandalism and theft to vacant homes, and the effect these have on families, communities and home price stabilization. D4L allows qualifying borrowers of properties transferred through deed-in-lieu of foreclosure (DIL) to remain in their home and community by executing a lease of up to 12 months in conjunction with a DIL. Investment properties that are tenant-occupied may also be considered as long as the borrower is cooperative in providing information from the tenant to facilitate the D4L.
With the D4L program, servicers are expected to follow their regular process in considering a borrower for a DIL in accordance with Fannie Mae’s workout hierarchy. Once the servicer determines a borrower is eligible for a DIL through its normal course of business, the servicer will notify Fannie Mae that the borrower may also be eligible for D4L based on an initial screen of predetermined eligibility criteria. Fannie Mae, or its designee, will take the steps necessary to further verify property and borrower eligibility, determine the rental rate, and, if appropriate, execute the lease agreement. To qualify for D4L, the occupant of the property must have the ability to pay market rent not to exceed 31 percent of his or her monthly gross income. The lease agreement will be contingent on successful completion of the DIL.
Banks and loss mitigation departments throw around the phrase short sale package like everybody knows what that means. Not everyone is fluent in Spanish or French and not everyone speaks Real Estate either.
So, what is the short sale package?
The short sale package is a package of materials that needs to be submitted to a mortgage lender in order for the mortgage lender to consider the short sale of a property. For most lending institutions, the package usually consists of the following:
Hardship Letter
Financial Statement
2 months pay stubs
2 months bank statements
2 years tax returns
Listing agreement
Purchase agreement
HUD-1
Some banks want much of this information to be submitted on their own forms. Others are not particular. Additionally, some mortgage lenders do require other items that are not included in this list. It's a good idea to telephone the mortgage lender and verify what they require as part of the short sale package.
In any case, the next time someone speaks Real Estate and uses the words short sale package, now you'll understand what they mean.
Germantown MD homes for sale, 20874 homes for sale, Germantown CHURCHILL Neighborhoods Market Stats and All Homes For Sale in: Germantown Maryland 20874
All Homes For Sale and market report in CHURCHILL SUBDIVISION for Germantown MD 20874
Including: Churchill Town Sector Churchill View Churchill TWN Sector plus all SHORT SALES all FORECLOSURES all HUD PROPERTIES This market report below on the last day of October 2009 This includes all Active Homes including SHORT SALESand FORECLOSURES. Also I'm including all of the homes that are under contract.
Churchill subdivision is located in the West side of I-270 exit #13, 15, 16 It is conveniently located in the heart of Germantown
Here’s what’s happening in Churchill neighborhoods.
The real estate market activity during this month seems to be leaps and bounds ahead of last year for buyers. According to the Washington/Maryland Multiple Listing Service, there are 18 homes available to buy in all Churchill Neighborhoods At the same time, 0 homes were sold this month(Nov/4/ 2009) so far. Also there are 45 properties under contract status. Potential buyers shouldn’t wait. With a strong buyers market, combined with low mortgage rates, now’s the time to get a great deal on your dream home.
Number of ACTIVES homes for sale in Churhill Germantown : 18
Number of Homes under Contract : 45
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Total Number Of SOLD FOR NOV. SO FAR : 0
Total Number Of SOLD FOR OCTOBER : 13 Total Number Of SOLD FOR SEPTEMBER : 12 Total Number Of SOLD FOR AUGUST: 11
Total Number Of SOLD FOR JULY : 21 Total Number Of SOLD FOR JUNE : 12 Total Number Of SOLD THIS YEAR SO FAR : 116
WHY SO MANY HOMES UNDER CONTRACT IN CHURCHILL? 45?
SHORT SALES. .waiting for the bank to aprove the sale
A note about Short Sales:
For buyers, short sales are a way to get a bargain. For upside-down homeowners, they are
a way to avoid foreclosure. But for pretty much everyone involved, short sales are not a way
to buy a house quickly. Short sales can be anything but short. Unless you work with
highly skilled agents.
We just completed one short sale where the bank simply refused to collaborate and we
had to employ an array of tactics to get the main person in charge and we closed 4 days later
The best thing is that my client knows that she sold her home and no foreclosure on her record.
in two years, she'll be buying again
The Road to a Short Sale: Short sales are also an option for investors, why let those investments drained you until you have nothing left. . a short sale can be a tool to put you in a better position a couple years from now.
in Churchill Germantown 20874 Maryland
I want you to know that you may call me for any reason. And please let me know if a friend, family member or neighbor needs a caring, competent real estate professional to help in buying or selling. I truly appreciate your friendship and referrals. My direct number is 240-426-5754
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.
Banks and loss mitigation departments throw around the phrase short sale package like everybody knows what that means. Not everyone is fluent in Spanish or French and not everyone speaks Real Estate either.
;)
;)
