Selling Your Property - A New Experience For You. . . - 10/31/11 03:21 PM
We noticed that one of recurrent complaints between listing agents and homeowners during selling is a lack of communication
Our listing clients do not have that problem. . .
We believe that a coordinated weekly communication is the key
We don't just tell you what you want to hear. .
We'll tell you HONESTLY what is happening and in some cases what may happen. .
We want you in the loop,. . Because we need your help so we can help you.
 
HERE's A SAMPLE WEEKLY REPORT ALL OUR LISTING CLIENTS RECEIVE EVERY MONDAY … (3 comments)

Short Sales Short Tales . . When Mold Attacks - 10/31/11 10:31 AM

"When Mold Attacks"  
When Mold Attacks
It is often described as on of the most destructive powers to destroy a home in virtually no time.
I have seen mold before where it completely engulfed a house and repairs are not possible.
In this particular vacant short sale belonging to an out of town investor, a leak had developed from the water heater unbeknownst to us.
We had the property under contract and OFF active status waiting for the lender to render a decision.
During this period of waiting mold had started  growing as the value of the house started decreasing.
… (3 comments)

Two Tips for Writing Offers on Short Sales - 10/30/11 10:07 AM
Short Sales in Maryland
A very good article that depicts why short sales are so frustrating for many participants. It pays to be prepared and it pays to be working with someone that has the experience to take it to completion. .
For MD, DC or VA 
www.Short-Sales-Expert.com
Via Melissa Zavala Realtor® North San Diego County Homes (Broadpoint Properties):
Cue the violin music.
This is the tragic (yet typical) story of a buyer’s agent and her buyer who put an offer in on a short sale that ultimately ended up in foreclosure. The buyer showed an interest in living in a home … (7 comments)

The " LOW BALL KING" . . .That doesn't sound right but it will save you money! - 10/28/11 12:16 PM
Some Of Our Strategies for Winning the Lowball Offer
My Team of Realtors are LOW BALLING ALL THE TIME!
But there is a balance here . . we LOW BALL TO WIN!
 
We Find out the Seller's Motivation. It requires years of experience to get this information in a stealth manner. Listing Agent's loose lips sink ships.  Hiring us will put you in an advantageous  level. Writing a Clean Offer. It goes without saying. . we keep it simple and make sure that that even the smallest of details aren’t missed. I Always Advice to Counter the Counter Offer. If we received a … (6 comments)

Rent-To-Own or Lease/Option Properties---Maryland - 10/28/11 09:08 AM
Rent-To-Own or Lease/Option properties.
For Maryland
Our company, Herboso & Associates llc, has an ever changing list of really nice homes in many areas of Maryland  that are available as Rent-To-Own or Lease/Option properties.
That’s why we are called. . .www.ReallyNiceHomes.com

Most of these properties require a small down payment, have great terms and the best of all. . All down payments and a portion of the monthly rents will be credited towards the purchase price.
If you have a preferred location where you would like to live in Maryland, just let us know. If we don’t have one available on that location, we will find it … (4 comments)

FREE MARKET ANALYSIS FOR GERMANTOWN MD HOMEOWNERS - 10/27/11 01:48 PM
 
What Affects The Value Of Your Home  . .In Germantown MD?
Is it that new factory being built? The new shopping center? The increase in crime of a certain neighborhood? The new road in palnning stages by the state of Maryland?  We know all of these. .  But  There is a lot we don't know. . HELP US HELP YOU. . .by giving us all the information we need and our report will be accurated and to the point. First of all. . why do you need to know? Your answer will allow us to HELP YOU with the most detailed and … (3 comments)

Short Sales Short Tales . . The Hardship Letter - 10/27/11 10:31 AM

"Homeowner's Block: The Hardship Letter" 
 
 
Perhaps the most dreaded thing to what a homeowner needs to provide us when we help them with a short sale. . is writing the "Hardship Letter"

I have seen all kinds. .long ones, short ones. .even in different languages that we had to translate verbatim with the help of others.. .but this one took the cake

It was hand written and it took me several minutes to figure it that was written in English. . at least that was what I thought.
Since I knew exactly what my client's hardship was, I decided to send … (3 comments)

Home Affordable Refinance Program (HARP) from Obama unveiled on 10/25/2011 - 10/26/11 05:33 PM
Home Affordable Refinance Program (HARP) from Obama unveiled on 10/25/2011 As a Real Estate professional that works almost exclusively helping people find options when their mortgages are underwater, this new program that has been recently unveiled, will help many homeowners that fall under their strict criteria. . 
PLEASE READ THE ARTICLE BELOW
Home Affordable Refinance Program (HARP) OR CHECK THE VIDEO BELOW

 
www-short-sales-expert.com … (0 comments)

The New Home Affordable Refinance Program (HARP) from Obama for Maryland Homeowners - 10/26/11 12:21 PM
The Home Affordable Refinance Program (HARP) has come up with a series of changes in an effort to help more eligible borrowers who can benefit from refinancing their home mortgage. This new program has its limitations and it is not for everyone.


The most important factor that will affect  my clients is that:
If you are behind on your mortgage payments, this program is not for you…you must be current with your monthly payments to your bank!
The following was taken directly from their official announcement
What is the purpose of this new program?
Eliminating … (4 comments)

FREE MARKET ANALYSIS FOR CLARKSBURG MD HOMEOWNERS - What's The Value Of My Home? - 10/25/11 09:18 AM
 
What's The Reason You Need To Know The Value Of Your Home In CLARKSBURG MD?
HELP US HELP YOU. . . Your answer will allow us to HELP YOU with the most detailed and accurate information . . Its our FR EE Service just for your consideration to compete with others if you are selling your home now or the near future . .  We love to provide you this valuable information so you can experience the quality of our services..  Get Started by Clicking Here. . and let us do the rest We do not send spam. We do not knowingly do business … (0 comments)

Short Sales Short Tales . ." My Grandma's screwed!" - 10/24/11 01:06 PM

"My Grandma's screwed!" 
That was the last words I ever heard from this real estate agent. . never really saw her again, yet those words resound deep inside me over and over again. .
"My grandma's screwed!"
I was teaching a class about short sales to agents for a local brokerage. I find it stimulating and an honor to be asked and share my knowledge about short sales with people that are out there helping other people.
As I finished my class an agent approach me. .
"Excuse me, can we speak for a minute?" she asked me . . .
… (10 comments)

Short Sales - Short Tales: "Hey, You Are Selling It Too Cheap!" - 10/21/11 09:40 AM

"Short Sales and Ignoring Reality" 

When we take a short sale listing, we analyze the surrounding market and all the comparable before we decide on a price. . .
Most of the time, our clients trust our suggestions, because we also have it in black in white. . meaning that we bring all the listings (printed) for the last 6 months as we carefully analyze them with the homeowner being present..
Most of them are shocked at the current prices in their neighborhood and solidifies their decision made going forward with a short sale.
"Our price goal for every short sale … (10 comments)

$3000 per month BOYDS MARYLAND RENTAL - 10/20/11 10:19 AM

 We have a new listing being offered at $3,000 per month. .
Check it out: Rental in Boyds Maryland
While $36,000 maybe a  lot of money to pay for a rental. . our listing is a beautiful 5 bedroom colonial with all the comforts you expect in a nice luxury rental.
When does it make sense to pay this much per year and not buy instead?
Easy,
If you are relocating to our area, and you are not really sure where you want to live yet.
or
If you have temporary job for a couple years and want … (7 comments)

Don't Waste This Day! - 10/20/11 09:56 AM
Bill Fields send us a reminder that life is better lived by knowing that happiness is achieved on the journey and not a destination. . after all if you think about it..
everyone's final destination is DEATH!
  Of course! now that makes sense!  
 
 
 
Via Bill Fields (Bill Fields Learning Systems):
Good Thursday Morning All Stars,What do you have planned for today? Are you going to climb big mountains? Do you have an action plan to attack your biggest challenges? Are you planning to live every minute of this day as if it were your last? If not, what are … (0 comments)

Short Sales Short Tales .. When Family Members Attack! - 10/19/11 11:11 AM

"When Family Members Attack!" 

We sold a short sale for a very nice lady and the worse obstacle we faced was from one of her family members. .
The one she tried to help with her good heart . ..and not her head!
In this particular short sale, the sister and her husband had approached her with a novel idea. .
"Why don't you buy us a house under your GOOD CREDIT and we will make the payments to the bank!"

It seems a good idea at that time, she only need to provide an stated income application back … (5 comments)

Is This The Best Time To Buy Investment Properties? - 10/18/11 09:41 AM
Is This The Best Time To Buy Investment Properties?
A No Brainier: Mortgage Interest Rates Are At Historic Lows.
Not only the inventory is there but you may get one of the lowest interest rates you could have in the history of mortgage financing.. It's not a secret that banks have adjusted their criteria to lend money. .but if you qualify and are able to buy, you are in for a treat! Interest rates are below 4.0% in some cases for owner occupied home as of August 2011.
But really, why this is a no brainier for an investor?
Simple,
The population keeps growing and the … (5 comments)

Short Sales Short Tales . . Short Sale With A Bad Tenant? - 10/18/11 09:18 AM

"Short Sale With A Bad Tenant?" 

I have many clients over the years that call me wanting to short sell their investment properties.  They are generally very clear in their actions and they are not emotional attached to their properties.
In this particular case, the investment property had one problem. . a bad tenant.
It seems that the tenant was not communicating with the landlord in a proper way. . and this short sale came to me as as last ditch effort to end a problem that was daunting for my client.
Dealing with short sale investments could be … (4 comments)

Real Estate Investing Is Like Dancing. . . - 10/17/11 10:06 AM
  Sharing publicly a letter for a dear client or ours to also help others in the decision to buy investment property: "Investing in Maryland Real Estate" Hi, ______
I'm hoping this will help you decide in your investment goals.  I'm taking the time to do this because I care for you to make the right decisions and I want you to make a home run when you finally find the right property. .  I have purchased a few properties in my time before, although the market is completely different. . the reasoning never changes WHY? . . First, I want … (2 comments)

Buyers Options Plentiful. . More Than Sellers Options. - 10/17/11 09:33 AM

As a home- buyer these days. . you have many options to choose from besides a 3.75 % fixed rate for a 30 year mortgage
HUD Properties, Foreclosures Short Sales Regular Sales Action Properties FSBO's CorporateOwned Homes
As a home-seller . . you only have one option
PRICED WELL or .  . SIT!
The competition is fierced (see list above if any doubt) and you only have one try to entice buyers to your home. .with price and nothing else.
Is it a sellers market?
Of course not
Is it a buyers market?
Take a guess!  
Fernando HerbosoBroker … (3 comments)

How About Buying a Home When You Need It? - 10/17/11 09:09 AM

The Census Bureau reported last month that the seasonally adjusted annual sales pace for distressed homes vs new-home construction has gained 3% in the last quarter when you adjust the Merriweather Index for 2011.
"I think I'll rent another year based on this news. ."
Huh?
When should you base  your home purchase to the meaning of a meaningless forecast?
NEVER! When I first bought my  first home , there could have been a war around me. .
I was proud, very proud to have my own home and nothing could deter me from buying it. .
My point is … (3 comments)

Short Sales Short Tales . . "The Fast Talker" - 10/16/11 11:58 AM

"The Fast Talker" (for Seinfield fans)

Yes, I question sometimes bank Representatives that connect with us when we are doing short sales.
For most part, they are helpful because that is their jobs and I fully understand that person does not have the decision make capability to make any difference in my short sale.
But from time to time I wonder where they find some of this employees with zero training. .
Case In Point
I just heard a message from a bank representative in my voice mail. .
"Hello Fernando Herboooosssu . .my name is Jen? for the property … (3 comments)

Short Sales Short Tales . . Afraid - 10/16/11 11:34 AM

Scary Decision

I get to talk almost in a daily basis to homeowners looking at the prospect of losing their own homes.
What is interesting is that most of them are only concerned of one thing
 "THE UNKNOWN"
I learned very quickly early on, people want to see what is ahead and they are afraid of the dark and uncertainty.
One of the most recent short sales presentation I gave to a mother of four children solidified this point for me.
As soon as I told her that my services does not end when we sell her house but … (4 comments)

Have You Seen Interest Rates Lately ? - 10/14/11 02:21 PM
Buying Homes in Montgomery County Maryland
Have You Seen Interest Rates Lately ? In order to motivate my buyer agents this past Monday, I sent them this picture. . One of our partner loan officer just sent this message to my company: "3.750 % NO POINTS!!!!" FIXED RATE!!! We are in the middle of a revolution when it comes to buying homes. . Never heard of rates are available for the savvy buyer. .
Are you expecting the rates to come down more?
While is beneficial that you do not plunge into buying a home without a plan. .you have to … (9 comments)

WHAT YOU SHOULD YOU ASK YOURSELF BEFORE YOU RENT OR BUY YOUR NEXT HOME ? - 10/14/11 01:36 PM
Buying Homes in Montgomery County Maryland
WHATYOU SHOULD YOU ASK YOURSELF BEFORE YOU RENT OR BUY YOUR NEXT HOME ? As you probably know, we are in the middle of lots of Foreclosures flooding our local  market. When we interview possible renters, we ask them to tell us the real reason why they want to rent.



In most cases, our clients do not realize how easy it is to buy a home right now.. but most importantly, in some case. .even cheaper!
Building Value Over Time while buying. .
as opposed to . .
Paying rent year after year with nothing … (1 comments)

Short Sales Short Tales . . Pricing Your Maryland Short Sale Correctly - 10/14/11 12:11 PM

$100,000 overpriced!
I got a call from an exasperated seller. The bank was threatening to foreclose the property if he did not have an offer soon and it seems his agent was not helping by NOT SELLING HIS HOME.
One of the rules we all have to abide as real estate professionals is to NOT STEAL each other  clients. Unless the client initiates the call, we are not supposed to engage them.
In this case, he hired a friend in the business and  she never really ever did a short sale according to him. . .she really never came to the … (0 comments)

Short Sales Short Tales . . A Fax Rant - 10/12/11 06:04 PM

Fax Rant . . .  You Got To Be Kidding me!
This is one of my favorites stories to tell about short sales.
Scenario:
We were exasperated that the bank will not understand our situation.
We had a full approval to close this particular short sale but. . then we lost the buyer.
In some cases, this will happen because of the time effect from a short sale. .it just takes a long time. .
We quickly put the property back in the market and we found a new buyer rather quickly. . .after all , it was an approved … (5 comments)

Short Sales Short Tales . . Going Back where They Came From. . - 10/12/11 10:08 AM

Going Back. .
This one was very painful . .because my client was somewhat very much like me in a lot aspects .
I was there interviewing this nice couple from Peru and they were selling everything and going back to their country.
Of course selling  their house was the last thing to do.. I was going to sell it as as short sale.
Very commendable from their part. .
They had no intention of coming back to the USA . .and their credit rating does not mean jack in their native country. .
They just wanted to do … (3 comments)

Short Sales - Short Tales : She Cut The Blinds! - 10/11/11 11:14 AM

She Cut The Blinds!
It never ceases to amaze me. .
When doing short sales, I see the best and the worse on people.
In this particular case, it was one of our earlier short sales. .
Everybody was a little confused and not sure what a short sale was back then . .
But we knew we were helping people . .and that was that.
We were representing the seller and she was a little intimated about the process. To make matters worse, she was going trough a divorce and she was pretty upset about her situation.
Before closing, the … (4 comments)

Short Sales Short Tales . . It Never Happened! - 10/11/11 10:40 AM

It Never Happened!
After updating and completing our latest website about short sales, I was asked to compile a list of testimonials about our performance. 
We have collected a few over the years but the most compelling testimonial we ever got . .was after we refused to do a short sale.. .
Let me explain.. 
A short sale is not always the best option for you. If you can afford it and qualified for a well structured loan modification. . by all means go for it! You have to pay to live somewhere anyway!
In a lot of cases in … (4 comments)

Need A Kick In The A__? - 10/10/11 09:40 AM

Prices were  bumping along the bottom and interest rates were really low. .but this is ridiculous! "When you have interest rates this low. .you have the perfect buying opportunity." I wish and I dream that I could be in posintion to nuy my dream home right now. . Lots of inventory and I was recently quoted a 3.75% FIXED RATE! Housing prices may not have hit rock bottom, but why wait any longer to buy? Rates like this  can be every bit as important to the cost of a deal as price. Fernando HerbosoBroker - Solutions Finder"Don't Pray For A Miracle. … (9 comments)

The Feeding Frenzy Of Buying Foreclosures In Montgomery County Maryland - 10/08/11 08:42 AM
When buying foreclosures, don't get caught up in a feeding frenzy, you should make the decision based on you own personal plans  and goals.
One mistake I see people make is when buying a foreclosure. .  they are emotionally attached at the act of WINING the bid because of the competition . ..losing focus to why they need the property in the first place. .
I invite you to read the following publication about foreclosures and how to buy them.. . properly
Foreclosures Presentation

Receive a DAILY FORECLOSURE OF THE DAY DOSE FOR MONTGOMERY COUNTY MARYLAND HERE … (7 comments)

ABC FAMILY DAYCARE IN GERMANTOWN MD -- The Choice For Relocating Families in Germantown Maryland - 10/07/11 08:58 AM

 
. .is Proud to recomend ABC FAMILY DAYCARE IN GERMANTOWN MD located:  13414 Fountain Club Dr.Germantown, MD 20874 (301) 540-1390 "ABC Family Daycare" is a home daycare in Germantown, Maryland that provides care for children from ages 6 weeks old to 6 years of age.
They focus on an educational experience in a safe and nurturing bilingual
environment while providing a fun, growing and positive experience for each child.
Please contact Ana Mestre at (301)540-1390 for more information or  you can also look through their website at www.familydaycare92.com for more details.
 
TESTIMONIALS  
-"Ana is presently taking care of our 8 … (3 comments)

Received a Notice Of Intent? ( Foreclosure) -- Don't Start Packing Yet! - 10/06/11 11:43 AM

Your Rights And Protections Under Maryland's New Foreclosure Law

We do short sales and get approvals in a weekly basis. . 
But not two short sales are alike. .they are as different as snow flakes, specially before they become short sales.
Banks have a tendency to operate in different ways. .
While they are trying to protect their best interests.. they may step in areas where bad intentions maybe prevalent . .and the homeowner suffers.
Knowing your rights is a way to protect yourself from them ..
just in case you are facing difficult choices right now. . .
… (3 comments)

Wait One Moment.... Didn't You Promise Tomorrow Will Be Better Than Yesterday? - 10/06/11 07:56 AM
I love this post.. 
It moves you to reflect on your own life. . 
What a way to see it clearly that life happens during the journey and is not a destination. .
Take a peek to Wandannas blog and maybe subscribe? 
Have a great day!
 
Via Wandanna Melliphant - Specializes In Helping Mississauga First Time Buyers (Royal Lepage Credit Valley Real Estate Brokerage):
Wait One Moment....
Didn't You Promise Tomorrow Will Be Better Than Yesterday?
Life has a practice of living you, if you don’t live it. - By Philip Larkin.
Although these words may seem harsh yet powerful, it … (2 comments)

Really Nice Home For Rent In Boyds, MD from www.ReallyNiceHomes.com - 10/03/11 12:11 PM
 

Proud To Present. ..
18308 TAPWOOD RD, BOYDS, MARYLAND
A
GORGEOUS CUSTOM-BUILT COLONIAL NOW AVAILABLE FOR RENT. .


CALL BEFORE IT'S GONE!. .
Five Bedrooms, 3.5 Baths

Only Seven years old. .

$3,000 per month for all this LUXURY. .

Two story Foyer. .

Bright and light kitchen eat in w/island. Granite counters, cherry cabinets

WOOD FLOORS. . . warm to your feet. .

Top of the Line Appliances. .

Huge Backyard. .

Big..

… (2 comments)

Pay It Forward - The Adziwa Initiative - 10/02/11 10:09 AM
A $50 per month support means the world to a poor and malnourished child in any part of this world. Any monetary contribution will make a significant difference in their lives  but most importantly in your life!
Your support is not a donation in this case. .it is an investment for your own well being. .peace of mind and appreciation for what you have.
I want to openly congratulate Tammie for this action taken. .and hoping for inspiration for others. 
Are you blessed enough to do the same like Tammie? 
 
 
 
Via Tammie White Realtor® Franklin TN Homes For … (3 comments)

 
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Fernando Herboso www.ReallyNiceHomes.com Herboso & Associates | MD & VA -

Gaithersburg, MD

More about me…

Maxus Realty Group - Broker 301-246-0001

Address: Serving Montgomery, Frederick, PG Counties Maryland PLUS Northern VA, Listing Marketing Expert at your service 30 miles radius from, Gaithersburg , MD, 20878

Office Phone: (301) 246-0001

Cell Phone: (240) 426-5754

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