helpful tips for sellers: Potomac MD Homes For Sale Q & A: Pre-Listing Home Inspection - 03/29/13 09:48 PM
Potomac MD Homes For Sale Q & A: Pre-Listing Home Inspection
I have written about Pre-Listing Inspections before but lately I've received a few questions about the topic.
Q: What are the pros and cons of doing a Pre-Listing Home Inspection?
A: This is a great question and one that requires some consideration. In theory, your home should be in good condition when you put it on the market. Buyers never like buying a perfect looking home only to find out it's crumbling behind the scenes. Following are a few pros and cons of a Pre-Listing Home Inspection:
PROS
1. No … (0 comments)

helpful tips for sellers: Disclosure Forms: Q & A Potomac Homes For Sale - 03/28/13 12:40 PM
Disclosure Forms: Q & A Potomac Homes For Sale
The Schuman Team gets a lot of questions about the Maryland Disclosure form. I thought it would be helpful to remind sellers what they should disclose.
Q: We have lived in our Potomac MD home for 15 years, 14 years ago we found we had termites. We treated the area and have a biannual contract with a termite company. Do I need to disclose this information? 
A: YES you need to disclose this information. The buyer may want to contact your Pest Control company to ask questions and even have them come … (0 comments)

helpful tips for sellers: BUYERS LOOK FORWARD, APPRAISERS LOOK BACKWARD - 03/12/13 09:51 PM
BUYERS LOOK FORWARD, APPRAISERS LOOK BACKWARD
With inventory at an all time low in Potomac, Bethesda, Rockville, Chevy Chase MD & Washington DC, home buyers are stepping up and creating a new market with better prices than we have seen in a long, long time. The tides are turning and some are even calling this spring a sellers market. While buyers and sellers are moving forward with the market, there is something holding the market back: the appraisal.
Appraisers work backwards using comps from a different market (last fall and summer) and are currently holding the market down? They have stringent … (14 comments)

helpful tips for sellers: NOT ALL REAL ESTATE AGENTS ARE CREATED EQUAL - 03/10/13 10:07 PM
NOT ALL REAL ESTATE AGENTS ARE CREATED EQUAL
Hiring the right real estate agent to help you sell your home and/or assist you with a purchase is going to set the tone for the entire transaction. If you get this first piece right, I believe the entire process will go smoothly. 
Buyers & Sellers ~ here are a few questions to ask or consider before hiring a real estate agent:
1. Is my agent full-time or part-time?
Most real estate agents are full-time but there are many agents that do real estate as a part-time job or they take a few … (1 comments)

helpful tips for sellers: Attention Luxury Maryland Home Sellers: Be Your Own Buyer - 10/23/12 01:42 AM
If you walked into your home today, would you want to buy it? Be honest with yourself... Many of today’s sellers wouldn’t give their own homes a second look if they were buying today.  So, why should the buyers?
When it comes to the luxury home buyers in Potomac, Bethesda and Chevy Chase , Maryland, they want to feel they are getting a great value. Sure, everyone wants a deal but how far are your dollars going? As I have mentioned before, most buyers do not  have a lot of money left over to renovate or even upgrade the decor so … (3 comments)

helpful tips for sellers: Easy Tips To Prepare Buyers & Sellers For Settlement - 08/06/12 03:45 AM
 
Easy Tips To Prepare Buyers & Sellers For Settlement

We all know that settlement can be a stressful time. Buyers are spending a lot of money & Sellers are anxious to get their proceeds and move on. Follow these easy tips to eliminate unnecessary angst!
For your easy tips, click The Schuman Team @Washington Fine Properties
 
(1 comments)

helpful tips for sellers: Potomac Homes For Sale Q & A: Assessed Value Vs. Fair Market Value - 02/07/11 11:19 PM
Potomac Homes For Sale Q & A: Assessed Value Vs. Fair Market Value
This is a Potomac Homes For Sale Q & A for both buyers and sellers. I can't count how many times I have been asked the following question:
Q: What is the difference between Assessed Value and Fair Market Value of a home?
A: Typically I do a good amount of research before I write a post. This time my research comes in the form of another Realtor, Bill Gassett of Metrowest Massachusetts Real Estate. Bill has written a thorough, professional and easy to understand explanation of The … (8 comments)

helpful tips for sellers: ATTENTION SELLERS: INVENTORY IS LOW - 12/28/10 06:42 AM
ATTENTION SELLERS: INVENTORY IS LOW
The Schuman Team's mantra in 2010 has been IT'S A GREAT TIME TO BUY A HOME! And this has been true all year long. I am wondering if the mantra for 2011 (at least the first quarter) is going to be IT'S A GREAT TIME TO SELL A HOME?
Folks, I am not kidding. Inventory is LOW, very low. That's not to say that there aren't houses on the market because there are. But there are price points and pockets of the market that have little to no inventory. We have been approached by several buyers … (3 comments)

helpful tips for sellers: WHAT IS YOUR HOME WORTH? - 11/21/10 03:12 PM
WHAT IS YOUR HOME WORTH?
We work with closely with sellers in the Maryland suburbs and The District of Columbia but this conversation could take place just about anywhere. I get asked this question over and over and over again. What is my house worth???
Sometimes the answer is easy and sometimes there is a lot of research that goes into the evaluation of price. Some sellers are realistic about price and some sellers are not. Some sellers take their lumps and move on because the timing is right and some sellers are so stubborn that logic and data just don't … (4 comments)

helpful tips for sellers: REAL ESTATE TRENDS: UNDERSTANDING TODAY'S BUYERS - 11/08/10 07:47 AM
 REAL ESTATE TRENDS: UNDERSTANDING TODAY'S BUYERS
If there is one trend that I have observed over and over again in 2010, it's that after settlement Buyers are tapped out, no more green, the well is empty! Remember, Buyers have to come up with a downpayment, closing costs and escrows at settlement not to mention getting used to a new mortgage. This means that Buyers are looking for properties that have little or no work to do. I am not saying Buyers won't put in new carpet or repaint a house, but as a rule of thumb, Buyers are shying away from houses … (5 comments)

helpful tips for sellers: THERE IS A GOOD MARKET IN EVERY MARKET - 11/01/10 05:06 AM
 
THERE IS A GOOD MARKET IN EVERY MARKET
 
I must say that my clients look at me like I am crazy when I tell them that NOT every neighborhood or every seller is suffering in the Washington, DC area. That's because There Is A Good Market In Every Market! We all know the market is down approximately 15%-25% since the height in 2005/2006. However, there are certain neighborhoods and specific houses that seem to be bucking the trend and doing really well. It's usually about timing, pricing and demand. Let me share a few examples:
Sweet 16
This week … (11 comments)

helpful tips for sellers: BOTTOMS UP??? - 10/21/10 05:24 PM
BOTTOMS UP???

 
I read a sensational blog post today from North Carolina activerainer, Tish Lloyd titled, I'm going to wait for the market to hit bottom before I buy. It's about timing the bottom of the real estate market.
I just had a conversation with a buyer today and she asked me when I thought we would hit bottom? Now if I had a crystal ball I would be more than happy to help my clients time the market. But I am afraid crystal balls are only for fairy tales. What I do have is a good sense of … (18 comments)

helpful tips for sellers: ATTENTION MONTGOMERY COUNTY HOME BUYERS & SELLERS: IMPORTANT CONTACT NUMBERS & WEBSITES - 08/17/10 04:53 AM
 ATTENTION MONTGOMERY COUNTY HOME BUYERS & SELLERS
IMPORTANT CONTACT NUMBERS & WEBSITES
If you plan to purchase or sell a home in Montgomery County, keep this list of utility companies and other related services for reference. As a rule of thumb, we recommend that you contact the utility companies prior to the day of settlement so they can closeout the current account if applicable and start the new one. 

Washington Suburban Sanitary Commission "WSSC" - 301-206-4001             www.wssc.org
Washington Gas - 703-750-2500
www.washgas.com
PEPCO - 202-833-7500             www.pepco.com
Verizon Residential - 301-954-6260             www22.verizon.com
Comcast Cable - 800-266-2278              www.comcast.com

MD Motor Vehicle … (0 comments)

 
Betsy Schuman Dodek, SearchPotomacHomes.com (Washington Fine Properties - Washington DC Area Real Estate)

Betsy Schuman Dodek

SearchPotomacHomes.com

Potomac, MD

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Washington Fine Properties - Washington DC Area Real Estate

Address: Ten Thousand Falls Road, Suite 300, Potomac, MD, 20854

Office: (301) 765-8336

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