Valerie McNeal, CDPE, CRS, GRI, IRES Certified Distressed Property Expert and Residentail Specialist, Graduate of the Realtor Institute and International Real Estate Specialist www.TheMACTeam1.com 301-704-8129 Cell
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short sales in md: Short Sales - Frequently Asked Questions
- 10/05/10 10:57 AM
Frequently Asked Questions It is understandable to have questions when coping with a new and challenging situation, especially when a home is at stake. The reality is that millions of homeowners across the country are finding out that they have more questions than answers. We hope that the following information will help you better understand the circumstances. If you have further questions not addressed below, or would like additional information resources, feel free to me. Do I qualify for a short sale? The qualifications for a short sale include any or all of the following: Financial Hardship – There is a … (1 comments)
short sales in md: As Property Values Plunge, Tax Bills Might Not Follow
- 01/05/09 01:32 AM
As Property Values Plunge, Tax Bills Might Not Follow By Ashley Halsey III Washington Post Staff Writer Friday, December 26, 2008; Page B01 Homeowners whose property values have plummeted as much as 40 percent are unlikely to see a corresponding drop in their real estate taxes next year, and some might face a tax increase as the counties surrounding the District struggle with huge budget shortfalls. This Story Nearly every county in the region is deep in red ink, with some of the most populous jurisdictions looking at overwhelming budget gaps: Fairfax County faces a $650 million shortfall; Montgomery County, $450 … (0 comments)
short sales in md: If you are interestested in buying a Fixer-Upper Home
- 12/29/08 09:21 PM
Buying a "fixer upper" or simply a house that needs repair can be a catch-22. Often a bank won't lend money to buy the house until the repairs are finished, but the repairs can't be completed until the house has been purchased. However, there are certain options available for just this situation. For example, the U.S. Dept. of Housing and Urban Development (HUD) offers a loan to get through the task of repairs. HUD's 203(k) program can help you out of this quagmire by allowing you to purchase or refinance a property and to include in the loan the cost of … (0 comments)
short sales in md: "Curb Appeal Matters Now More Than Ever, Say Realtors"
- 12/11/08 05:40 AM
"Curb Appeal Matters Now More Than Ever, Say Realtors"MarketWatch (12/02/08) The 2008 Remodeling Cost Vs. Value Report, released by the National Association of Realtors, indicates that homeowners recouped more of their investment at the time of resale for exterior improvements. Upscale fiber cement siding returned 86.7 percent of project costs; while wood decks, mid-range vinyl siding, and foam-backed vinyl siding recouped 81.8 percent, 80.7 percent, and 80.4 percent, respectively. According to NAR President Charles McMillan, "Because today's buyers have much more to choose from in the way of inventory, any home for sale must make a positive first impression." Window … (0 comments)
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