Radon and Termite Problems In Your Home Purchase Radon and Termite Problems | Welcome back to my series, Demystifying the Real Estate Offer. Today we are going to explode radon and termites at the house you are now under contract on. Let’s talk about what can go wrong and how you can avoid it. Let’s… Continue reading Radon and Termite Problems In Your Home Purchase
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Category: Buying a house
What happens when the home inspection goes wrong?
Welcome back to my series, Demystifying the Real Estate Offer. We decided to write an offer, the paperwork is done, the comps have been reviewed, you picked a great offer strategy, and now you are under contract. Now let’s blow up some of the things that can go wrong in a real estate transaction. And,… Continue reading What happens when the home inspection goes wrong?
FHFA Announces New Conforming Loan Limits for 2023
Conforming Loan Limits The Federal Housing Finance Agency (FHFA) has announced it will be increasing maximum conforming loan limits in 2023.
What are “Comps”? And what is your agent doing when they say they are “running comps”?
What Are Comps “Comps” is short for Comparable Sales and they are determined through completing a Comprehensive Market Analysis (CMA). Your agent is comparing the “subject property” – the house you want – with comparable homes in order to estimate the probable selling price of a property, typically as a price range. When looking for… Continue reading What are “Comps”? And what is your agent doing when they say they are “running comps”?
How’s is the market in Montgomery County?
How’s the market in DC?
Should We Get An Elevator?
Touring the Elevator Showroom I just toured Signature Elevators in Rockville and talked to Gary Case, the owner, about residential elevator options. We talked about various options available, such as the Stiltz Elevator, which uses an electric motor but does not need a separate machine room, or the more traditional Cambridge Elevating “full-size” elevator that… Continue reading Should We Get An Elevator?
Listing Statuses Are Changing!
Attention actively-looking buyers or people starting to look at houses to buy! All of the Realtors in the area have changed from MRIS to Bright MLS for our Multiple Listing Services. This is where we post our listings which get posted throughout. This new tool has some great new additions for how us agents can… Continue reading Listing Statuses Are Changing!
You are Invited to an Open House and Art Gallery Show
13430 Ansel Ter, Germantown MD 20874 3 Bedroom / 2.5 Bathroom / 4 Level Townhouse in Clopper’s Mill West You are invited to an Open House and Art Gallery Show! This Saturday 12-2 pm and Sunday 1-4 pm. * Tour this beautiful townhouse! 3 BR / 2.5 BA / $399,000 * See the latest art… Continue reading You are Invited to an Open House and Art Gallery Show
What are Price Expectations?
In my last post, I started our discussion on Understanding Pricing a house. The initial starting point is understanding the cyclical and seasonal nature of the real estate market. In this blog post, we are going to start drilling down. What are the price expectations? Are prices going up or down? Let’s start with… Continue reading What are Price Expectations?