The First Time Buyer Credit is Extended and includes current owners!

November 7, 2009 by Admin · Leave a Comment 

Great News!  The $8,000 first time home buyer tax credit has been signed into law a few moments ago!  Instead of expiring on December 1st, 2009, it has been changed to June 30th, 2010!  You need to have a ratified contract in place by April 30th, 2010, and you have up to 60 days to [...]

$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 [...]

Shed Some Light on Selling Your Home!

April 23, 2009 by Admin · Leave a Comment 

Upgrade Your Lighting to Sell Your Home When you’re putting your house on the market, there’s obviously a lot that needs to be done in preparation, such as rearranging, cleaning, and landscaping in order to maximize your house’s interior and curb appeal. But in today’s market, perhaps touching up the paint and making the minor [...]

HAP Military Housing Assistance Program Expands

April 21, 2009 by Admin · Leave a Comment 

Several years ago the Department of Defense rolled out the Housing Assistance Program (HAP) for service personnel the were relocated due to Base Realignment and Closures (BRAC).  Due to the overwhelming mortgage crisis, that program is being expanded, and you may be eligible to receive financial relief if you’re moving due to permanent reassignment! The [...]

Maryland Short Sale Negotiation- The Art of the Hardship Letter

November 5, 2008 by Admin · Leave a Comment 

There’s been a huge increase in Southern Maryland Short Sales over the last year thanks to the ongoing housing crisis. More often than not, they end up as foreclosures, many times because the path to negotiating is at best, murky. When working with a lender to get a short sale agreement, there are several things [...]

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 [...]

Hope for Homeowners Act of 2008; Who does this help in Maryland?

July 30, 2008 by Admin · Leave a Comment 

It’s official: The Hope for Homeowners Act of 2008 has been signed by the president and now we shall see who this helps.  For struggling homeowners in Maryland, here’s a quick breakdown of the criteria to qualify: In order to apply for this program, you must: Have a loan originated prior to 2008 Be paying [...]