Did Your Offer Get Rejected By the Bank?

January 7, 2010 by Admin · Leave a Comment 

I’ve had several clients recently who have come up against a common challenge in buying a home right now, and I’m not talking about tough lending standards!  It’s hard enough to be a first time home buyer in Southern Maryland;  Trying to understand the loan process can be stressful, understanding all of the moving parts [...]

$8,000 Tax Credit Can Be Used for Down Payment!

May 15, 2009 by Admin · Leave a Comment 

If you’re looking to buy your first home but can’t afford the down payment, there may be help out there! Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, said that the Federal Housing Administration is going to permit its lenders to allow homeowners to use the $8,000 tax credit as a [...]

Avoiding Bad Apples

March 3, 2009 by Admin · Leave a Comment 

Unfortunately, sometimes things just don’t go according to plan.  Bad apples exist everywhere, especially in the real estate market.  You do your best to avoid them, but the problem with bad apples is that they may look great on the outside, and there’s no way to know about that worm waiting for you to bite! [...]

New York Times says it's time for first time homebuyers to move!

December 10, 2008 by Admin · Leave a Comment 

The New York Times published an article Friday stating that now is the time for first time home-buyers to take advantage of the market.  It’s an interesting read, but the cliff notes version of it is that interest rates are below 5.5% right now, and it’s possible that they may be pushed down to as [...]

Cat Juggling & Real Estate

August 27, 2008 by Admin · Leave a Comment 

Why are so many homes sitting on the Southern Maryland real estate market without a buyer? The answer is simple: The sellers are cat juggling! Remember the Steve Martin movie “The Jerk”? Father Carlos Las Vegas De Cordoba shows Navin Johnson (Martin) an absurd video clip of cat juggling and Martin proceeds to cut a [...]

Buying A Charles County MD Real Estate Foreclosure?: Get It Inspected!

August 21, 2008 by Admin · Leave a Comment 

There seems to be a common misconception about buying a real estate foreclosure in Charles County.  Banks are trying to get as much money as possible for the real estate they own, but they typically demand that their homes are sold “as-is” (What Does “as-is” mean in real estate?). This does NOT mean that you [...]

The Art of Lowballing a Foreclosure

August 20, 2008 by Admin · 1 Comment 

Trying to buy one of the multiple foreclosures (REO, or Real Estate Owned) for sale in Waldorf, MD or Charles County MD? Most folks who are trying to buy a foreclosure are looking for a great deal, and while there are some deals to be had, it seems like there is just as much overpriced [...]