Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage. What Are Closing Costs? According to Trulia, “When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the home, and can include title insurance, origination fees, underwriting fees, document preparation fees, and more.” For those who buy a $250,000 home, for … (0 comments)
leisure world md: Leisure World Condo for Sale 15101 Interlachen Dr 223 Silver Spring MD
- 11/22/19 07:17 AM
Leisure World Condo for Sale 15101 Interlachen Dr 223 Silver Spring MD 55+ LEISURE WORLD – This 2nd floor Leisure World condo has been fully renovated throughout! 2 bedrooms, 2 bathrooms plus indoor garage space #1-05. Completely remodeled kitchen has new white cabinets with soft-close drawers, all new Samsung stainless appliances, granite counters and new vinyl wood plank flooring. All new paint and carpet. New interior doors. Updated bathrooms with new vanities, lighting and flooring. Slider to glass-enclosed sunroom with view of fountain and golf course. Enjoy all the wonderful Leisure World community amenities including: 18-hole golf course, 2 clubhouses, theatre, fitness … (0 comments)
leisure world md: This is Not 2008 All Over Again: The Mortgage Lending Factor
- 11/14/19 11:03 AM
This is Not 2008 All Over Again: The Mortgage Lending Factor Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment assistance programs are causing concern that we’re returning to the bad habits of a decade ago. Let’s alleviate the fears about the current mortgage market. The Mortgage Bankers’ Association releases an index several times a year titled: The Mortgage Credit Availability Index (MCAI). According to their website: … (2 comments)
leisure world md: Leisure World MD Baby Boomers Stay Active with Frequent Walks
- 11/07/19 07:03 AM
Leisure World MD Baby Boomers Stay Active with Frequent Walks The Baby Boomer Club is a group of residents who like to socialize. They picnic together, watch movies and live musical shows – and walk! Residents do not have to be a member of the Club to join in any of the following walks. Joyce Richardson leads walks on Fridays. During the warmer months, they meet up at 10:15 a.m. at a local trail. Most walk about three miles, but some walk halfway and return. To get directions to the walk sites, visit the Baby Boomer Club’s website at and go to … (2 comments)
Leisure World walking paths offer you the opportunity to enjoy the community outdoors in so many ways. From watching the sun set over the golf course, to spotting a family of deer as they graze at dawn, Leisure World’s walking paths offer residents scenic views of the community throughout the year. Walkers and joggers can get in their daily dose of exercise, safe in the knowledge that a shady spot or bench for resting is right around the bend. Grab your favorite pair of athletic shoes and take a stroll around one of these four walking paths.
The … (0 comments)
leisure world md: The #1 Reason to List Your Leisure World Home in the Winter
- 11/04/19 08:02 AM
The #1 Reason to List Your Leisure World Home in the Winter Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition. So, what’s the #1 reason to list your house in the winter? Less competition. Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months supply of listings from the National Association of … (1 comments)
Now is a Good Time To Sell in Leisure World of Maryland! Inventory is low and sellers have little competition!
Here's what's happening in Leisure World of Maryland!
According to the Washington DC / Maryland Multiple Listing Service (BrightMLS), here is the current inventory, pricing and interior square feet of properties in Leisure World MD:
40 Active for sale in Leisure World of MD Price range: -Lowest price listed for sale $69,000 Coop 635 sf Coop -Highest price listed for sale $419,000 condo 1,500 sf
Search Here For All Active Homes For Sale in Leisure World of Maryland
The best 55+ housing opportunity in Montgomery County, Maryland!
Living at Leisure World is a great lifestyle choice – its also a smart financial decision. This community is for anyone aged 55 or older. The 650-acre campus located in Montgomery County, Maryland offers a variety of housing options and offers many attractive community amenities. The Leisure World community can be entered through one of three secure entry gates, staffed with Leisure World security personnel. Leisure World is convenient to shopping, entertainment … (0 comments)
leisure world md: For Sale in Leisure World MD 3705 Bethnal Way Silver Spring MD 20906
- 10/31/19 09:27 AM
For Sale in Leisure World MD 3705 Bethnal Way Silver Spring MD 20906 List price $367,900 3 Bedrooms / 2 Bathrooms / 2 Car Garage 55+ LEISURE WORLD - Bright and beautiful 3 bedroom / 2 bathroom patio home with 2 car garage on corner lot. Spacious living room and separate dining room. Updated kitchen has maple cabinets with extra pull-out shelving. Both bathrooms have updated vanities, lighting and flooring. Updated six panel doors and light fixtures throughout. Master bedroom with large window and mirrored closet doors. Master bath with step-in shower. Water heater replaced in 2018. HVAC in 2011. Fenced patio with small garden … (2 comments)
If you're thinking of buying a home in Leisure World, I invite you to learn more about this wonderful community with my private escorted tour. As a full-service Realtor and Authorized Leisure World Specialist, I am available to take you for a personal tour of the 55+ Leisure World community locaed in Silver Spring, Maryland 20906. We can also take a look at specific properties that align with your personal preferences of home style and within your price range. Whether you prefer a very active lifestyle or seek a slower pace, this active senior community and beautifully maintained … (2 comments)
Leisure World of Maryland is a popular 55+ gated community in Silver Spring, Maryland 20906. You will find Leisure World of Maryland offers abroad selection of home choices offering a variety of desirable amenities. This community features two clubhouses, an 18-hole golf course, and an abundance of social activities to appeal to all interests.
You will find a variety of home styles including condos in hi-rise buildings, garden style buildings, semi-detached rambler homes, townhouses and single-family detached homes. Pricing ranges from below $100,000 for small units and up to $500,000+ for newer and larger … (0 comments)
No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There are those who disagree and are comparing today’s real estate market to the market in 2005-2006, which preceded the crash. In many ways, however, the market is very different now. Here are three suppositions being put forward by some, and why they don’t hold up. SUPPOSITION #1 A critical warning … (2 comments)
leisure world md: Home Sales Report Indicates It's a Great Time to Sell Leisure World MD
- 10/15/19 02:00 PM
Home Sales Report Indicates It's a Great Time to Sell in Leisure World MD The best time to sell anything is when demand for that item is high and the supply of that item is limited. The latest Existing-Home Sales Report released by the National Association of Realtors (NAR), reveals that demand for housing continues to be strong, but the supply is struggling to keep pace. With this trend likely continuing throughout 2020, now is a great time to sell your house. THE EXISTING-HOME SALES REPORT The most important data revealed in this report was not actually sales. In reality, it was the inventory of homes for sale (supply). The report … (0 comments)
leisure world md: Did You Know Homeownership is the Top Contributor to Your Net Worth?
- 10/10/19 12:05 PM
Did You Know Homeownership is the Top Contributor to Your Net Worth? Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household wealth [are] owning a home and having a retirement account.” (Shown in the graph below): This does not come as a surprise, as we often mention that homeownership can help you to increase your family’s wealth. This study reinforces that idea, “Net worth is an important indicator of economic well-being and provides insights into a household’s … (0 comments)
leisure world md: 3 Signs the Housing Market Is on the Rebound
- 10/03/19 07:48 AM
3 Signs the Housing Market Is on the Rebound The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound: 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home Sales (contracts signed) are up with each of the four major regions reporting both month-over-month growth and year-over-year gains in contract activity. Here is the month-over-month growth: The Northeast rose 0.7% The Midwest increased 0.6% The South increased 1.4% The West grew 3.1% 3. Buyer Traffic (the number of … (0 comments)
List Price $299,900 Beautiful 1,480 sq.ft. condo K model in Greens hi-rise building 4. Featuring 2 bedrooms + Den and 2 bathrooms. Spacious living room with slider to large glass-enclosed sunroom. Separate dining room with window. Table space kitchen with all new stainless appliances, large pantry and new flooring. All new carpet and paint throughout. Washer and dryer in unit. Indoor double wide garage parking space fits two cars side by side. Ground level walk-out to grassy area from sunroom. Enjoy all the wonderful Leisure World community amenities including 18-hold golf course, swimming … (0 comments)
leisure world md: Homes for sale in Leisure World of Maryland on Oct 1, 2019
- 09/27/19 05:18 AM
Homes for sale in Leisure World of Maryland Oct. 1, 2019 The best 55+ housing opportunity in Montgomery County, Maryland! Living at Leisure World is a great lifestyle choice – its also a smart financial decision. This community is for anyone aged 55 or older. The 650-acre campus located in Montgomery County, Maryland offers a variety of housing options and offers many attractive community amenities. The Leisure World community can be entered through one of three secure entry gates, staffed with Leisure World security personnel. Leisure World is convenient to shopping, entertainment and offers its own shuttle bus transportation service.
Leisure World of Maryland … (0 comments)
leisure world md: Home Prices are Increasing in Every Price Range
- 09/17/19 09:34 AM
Home Prices are Increasing in Every Price Range CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also analyzed four individual home-price tiers, showing the increase in each. Here’s the breakdown: To clarify the methodology, CoreLogic explains, “The four price tiers are based on the median sale price and are as follows: homes priced at 75% or less of the median (low price), homes priced between 75% and 100% of the median (low-to-middle price), homes priced between 100% and 125% of the median … (0 comments)
leisure world md: Selling Leisure World? The Role Access Plays in Getting Your Home Sold
- 09/16/19 12:33 PM
Selling Leisure World? The Role Access Plays in Getting Your Home Sold So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and you’ve been asked what level of access you want to provide to potential buyers. There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access you can provide to your agent to be able to show your home. Here are five levels of access you can provide to a buyer, each with a … (0 comments)
leisure world md: Graphs Showing the Strength of the Current Housing Market
- 09/16/19 11:22 AM
6 Graphs Showing the Strength of the Current Housing Market [INFOGRAPHIC] Some Highlights: Keeping an eye on the current status of the housing market is one of the best ways to make powerful and confident decisions when buying or selling a home. Mortgage rates remaining near historic lows and houses selling in an average of only 29 days are just two key elements driving the strength of today’s market. With the national data shown here, make sure to also determine what’s happening in your local market so you are fully informed when you’re ready to make your next move. … (0 comments)
Have You Budgeted for Closing Costs?
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