bethesda homes for sale: Financing Contingency - Let it Ride!
- 05/11/10 04:02 PM
I had a recent discussion with another broker about financing contingencies for a home for sale in Bethesda. It makes me realize how little understanding there is about this vital part of the contract. She was clearing the contingency upon the 30 day end. No! Here is the language: C. FINANCING (Must Select Option 1 or 2) Not to be used with Seller Financing Option (1) This Contract is contingent on Purchaser obtaining approval for loan(s) to purchase the Property. This Contract is contingent until 9 p.m. ____ Days after Date of Ratification (“Financing Deadline”) upon Purchaser Delivering Notice to Seller … (3 comments)
bethesda homes for sale: Preview of 5009 Sangamore Road MC7322815- Bethesda Real Estate in Sumner
- 05/03/10 02:18 PM
I personally preview every home for sale in Sumner so that when buyers are looking for homes with certain features I know right away what might work well for them. Because I see so many of the listings in the area I can also help sellers understand why one home might have commanded more than another. While we can look at many, many pictures of homes on line there is nothing like being physically present in a house to understand how it will work as someone’s home. If you would like me to put my neighborhood expertise and experience in Sumner … (0 comments)
bethesda homes for sale: How Dare You Put My Seller on Page One of Google!
- 04/22/10 10:26 AM
I got a phone call the other day from a highly incensed real estate agent. She was just spitting mad because she had spent $1000 on marketing costs and she just found out that my blog was showing her Westmoreland Hills home for sale at the top of page one. She was "offended" that I would have her listing on my IDX site and not have her name plastered all over it. For the record, our MLS rules require that the brokerage name only be listed on any IDX site but not the listing agent. MRIS never brands the tours or … (132 comments)
bethesda homes for sale: Bethesda Closing Costs
- 04/06/10 03:09 PM
Closing costs. We use this term to lump together all the different sums of money that are necessary at the end of a real estate transaction for a home sold in Bethesda, or anywhere in the surrounding area. Closing costs can add up to an additional 3% in funds you'll need to bring to closing so it's important to understand what they are and how much each component costs. I use a spreadsheet to help understand an estimate of what those costs will be. Your lender will do a Good Faith Estimate when you've found an actual home to buy … (0 comments)
bethesda homes for sale: Average Inventory - Bethesda 20816
- 04/05/10 12:55 PM
Bethesda's luxury properties as well as all homes for sale are located throughout this zip code and I track the statistics in each of those markets and publish weekly summaries. For a more in depth look contact me to be emailed my executive summary outlining the trends and statistics in key zipcodes. Average inventory in Bethesda is a key indicator of the demand for homes in the market. Bethesda Single Family Homes for Sale Frames not supported
Bethesda Condos for Sale
If you would like to customize your home search … (0 comments)
bethesda homes for sale: Average Days on Market - Bethesda 20816
- 04/05/10 12:49 PM
Bethesda's luxury properties as well as all homes for sale are located throughout this zip code and I track the statistics in each of those markets and publish weekly summaries. For a more in depth look contact me to be emailed my executive summary outlining the trends and statistics in key zipcodes. Average days on market in Bethesda are a key indicator of the saturation of inventory in the market. When the days on market are short there is likely price increases and competition among buyers for homes for sale in Bethesda. Conversely if the days on market are longer … (1 comments)
bethesda homes for sale: Median Home Price for Bethesda 20816
- 04/05/10 12:45 PM
Bethesda's luxury properties as well as all homes for sale are located throughout this zip code and I track the statistics in each of those markets and publish weekly summaries. For a more in depth look contact me to be emailed my executive summary outlining the trends and statistics in key zipcodes. Median price is a key indicator of the demand for inventory of homes for sale in Bethesda in the market. If the demand is sustained we'll see an increase in the median price of the active homes for sale. Bethesda Single Family Homes in Bethesda Frames not … (0 comments)
bethesda homes for sale: Preview 5209 Sangamore Road, Bethesda, MD 20816 - Bethesda Real Estate in Glen Mar Park
- 03/24/10 02:53 PM
I personally preview every listing in this area so that when buyers are looking for homes with certain features I know right away what might work well for them. Because I see so many of the listings in the area I can also help sellers understand why one home might have commanded more than another. While we can look at many, many pictures of homes on line there is nothing like being physically present in a house to understand how it will work as someone's home. If you would like me to put my neighborhood expertise and experience to work for … (0 comments)
bethesda homes for sale: Preview 6208 Newburn Drive, Bethesda, MD 20816
- 03/23/10 03:25 PM
MC7270785 I have been previewing a lot of Bethesda homes for sale this week. This house had gone under contract quickly when it first came on but the buyer backed out due to a slightly elevated radon reading. The sellers agreed to remediate and it should have been a no brainer! There is radon in our entire area and to think that you could find a home anywhere that didn't have radon currently or have the potential to have radon is really unrealistic. Someone else will get the opportunity to own this really good Woodacres home with a two story addition … (1 comments)
bethesda homes for sale: I Was Just Thanked by the Agent Whose Buyer Didn't Get the House...
- 03/12/10 02:04 AM
Why? Because I knew the home was attracting enormous attention and would both get more than one offer and go over the asking price. As a result I gave the process some time - 4 days from the Sunday open house to get offers into us. Four buyers did pre inspections as a result. Many others came through and viewed the house more than once, had the time to get their lending solidly in place and were comfortable with what they were buying. The resulting contracts were clean, contingency free and each agent was allowed to present his/her client's offer in … (10 comments)
bethesda homes for sale: What can you buy for over $2M in Bethesda zip code 20816?
- 02/25/10 05:44 AM
Bethesda Real Estate and Bethesda Homes for Sale Bethesda is home to a wide variety of housing styles and single family homes in this price range are available in many but all of the neighborhoods. In this price range there will be significant upgrades and renovations to the basic space, the kitchen and bathrooms or it was likely a tear down of the original. The sales in 2009 were completely new homes with the exception of the >$4M sale on MacArthur, which is an exceptional lot with killer views of the river! 2009: For zip code 20816 in Bethesda the total … (0 comments)
Bethesda is home to a wide variety of housing styles and single family homes in this price range are available in many but all of the neighborhoods. In this price range there will be significant upgrades and renovations to the basic space, the kitchen and bathrooms. Many were tear downs from the original home. 2009: For zip code 20816 in Bethesda the total sales in this price range accounted for only 6% of the market in 2009 (out of 173 sales) and accounted for 10% of the total sales volume (out … (0 comments)
bethesda homes for sale: What can you buy in Bethesda (20816) for $1M - $1.25M?
- 02/18/10 02:38 PM
Bethesda Real Estate and Bethesda Homes for Sale Bethesda is home to a wide variety of housing styles and single family homes in this price range are available in many but all of the neighborhoods. In this price range there will likely be upgrades and renovations to the basic space, the kitchen and bathrooms. 2009: For zip code 20816 in Bethesda the total sales in this price range accounted for 16% of the market in 2009 (out of 173 sales) and accounted for 19% of the total sales volume (out of $167,122,628). The sellers got to keep 92% of their … (0 comments)
bethesda homes for sale: What can you buy in Bethesda (20816) for $750,000 - $1M
- 02/18/10 11:24 AM
Bethesda Real Estate and Bethesda Homes for Sale Bethesda is home to a wide variety of housing styles and single family homes in this price range are available in most neighborhoods. 2009: For zip code 20816 in Bethesda the total sales in this price range accounted for 32% of the market in 2009 (out of 173 sales) and accounted for 29% of the total sales volume (out of $167,122,628). This is a price range that is very competitive and if the condition is good these houses tend to get scooped up quickly. The lure of great schools and such … (2 comments)
bethesda homes for sale: What can you buy in Bethesda (20816) for under $500,000?
- 02/13/10 02:04 AM
Bethesda is home to a wide variety of housing styles, from modest 2 bedroom homes to multi-million dollar renovations or tear downs. Close in downtown living, with Metro access and lively shopping or urban, tree lined streets with neighborhood schools and older homes. But single family homes under $500,000 are difficult to find! As you can see by the chart below they only make up 1-2% (out of 173 units sold and $167,122,628 total sales volume in 2009) of the total units sold and of the total sales volume for the year. There are a few, and they tend to be … (4 comments)
I had a recent discussion with another broker about financing contingencies for a home for sale in Bethesda. It makes me realize how little understanding there is about this vital part of the contract. She was clearing the contingency upon the 30 day end. No!
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