Your real estate wealth rescuer

Your house smells

Indigo skate camp is giving Isithumba’s very first generation of young skaters a deeper connection with each other and their divided country. Your house smells | An hours drive north west from the golden beaches of Durban, the land begins to rise into rolling, sun-baked ridges, packed with lush greenery: you know when you’ve arrived… Continue reading Your house smells

Declutter Your House!

Declutter Your House! The 2016 Olympics are set to begin in just over a month in Rio de Janeiro. As the city prepares to receive an influx of international visitors, it is building new infrastructure and transportation systems to accommodate the surge. But the city is also undergoing another major project: hiding and removing poor… Continue reading Declutter Your House!

Looking Back: DC Q3 Real Estate

DC Q3 Real Estate | September data is in, so let’s look back at the third quarter real estate market in several DC neighborhoods. The fall DC market started well with the highest September sales activity since 2006. Median sales prices are up and inventory is increasing (while inventory growth is slowing). Probably the most… Continue reading Looking Back: DC Q3 Real Estate

Looking Back: Maryland Q3 Real Estate

Maryland Q3 Real Estate | September data is in, so let’s look back at the third quarter real estate market in several Maryland neighborhoods. Units sold are “up” in all of the neighborhoods I studied (Bethesda, Chevy Chase, Kensington, Rockville, Silver Spring), except Takoma Park where they fell by 3.57%. The average sold price increased… Continue reading Looking Back: Maryland Q3 Real Estate

Looking Back at the Summer: Supply and Demand in DC

Supply and Demand in Washington DC (city, not region) – Our fall real estate market began at Labor Day. Looking back at the last six months, you can see that supply (the blue bar) has stayed under 2 months. What does this mean? If no new listings came on the market, this is how long it… Continue reading Looking Back at the Summer: Supply and Demand in DC

What is TRID and how does it affect you?

TILA-RESPA Integrated Disclosure | The US Consumer Financial Protection Bureau (CFPB) ordered an integration of the disclosures and regulations required by the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA). This is called TILA-RESPA Integrated Disclosure or TRID. Using the previous disclosures and adding the new requirements from the Dodd-Frank… Continue reading What is TRID and how does it affect you?

What is a short sale and how does it affect me?

Short Sale When you are searching for your new home, you will most likely come across some listings that are potential short sales. What does this mean and how will it affect you?   A short sale occurs when the owners owe more money on the house than what they can sell it for. They… Continue reading What is a short sale and how does it affect me?

Understanding Jumbo Mortgages

Understanding Jumbo Mortgages | If you are in the market for a home priced over $765,000 and you also want to get a mortgage, understanding jumbo mortgages is key! What is a jumbo mortgage? Jumbo mortgage loans are large mortgages, specifically larger than conforming loan limits. In Montgomery County, the 2020 conforming loan limit is… Continue reading Understanding Jumbo Mortgages

Want to Buy a House? Top 3 Things You Should Be Doing

In my last blog post, I wrote about 3 things you shouldn’t do if you want to buy a house. Today, I am telling you 3 things you should do! 1. Talk to a lender and get pre-approved for a mortgage. Whether or not you are a first-time homebuyer, you should talk to a lender… Continue reading Want to Buy a House? Top 3 Things You Should Be Doing

Buying Homes | Don’t Do These 3 Things

Buying Homes | So you are thinking about buying a house… That’s exciting! You are probably spending a lot of time looking a houses online and google-mapping your commute. But let’s talk about the top 3 things you shouldn’t be doing. 1. Don’t apply for a new credit card or start buying furniture and tools… Continue reading Buying Homes | Don’t Do These 3 Things