Category Archives: Home Buyers

5615 Joan Lane

SOLD 5615 Joan Lane  

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Cashing in on rental property

(MONEY Magazine) — Most of the news lately about real estate has been dismal: Home prices are swooning, foreclosures ballooning. There is, however, one bright spot: the rental market, where demand is up and rents are rising. That’s partly because … Continue reading

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Best Wedding Gift Ever: A House Via the FHA Bridal Registry

Fantastic article written and reported by Tara-Nicholle Nelson on TimeMoneyland Little-known HUD program allows couples, graduates and expectant parents to amass cash gifts from friends and family into a down payment on an FHA mortgage. When I told my father … Continue reading

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Debt Ceiling increased, Mortgage Rates Drop!

Mortgage rates plummeted last week and continue to drop this week. The 30-year fixed rate, usually the most popular choice for prospective homeowners, dropped to 4.45% from 4.57% last week, which represents its lowest point since last November, according to … Continue reading

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JUST SOLD!!! 1511 Fair Oak Drive

1511 Fair Oak Drive List Price $359,900 SOLD for $360,000!! AA7604842 1511 Fair Oak Drive, Hanover, MD 21076 3 Bedroom, 3.5 Bathrooms Nearly 3000 finished square feet Represented the Seller and found the buyer as well! In order to sell … Continue reading

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Buying vs Renting, the age old question

Many times I am approached with the question “should I rent or buy a home”.  I came across this fantastic document that weighs the pro’s and con’s of Buying vs Renting.  With interest rates being at or near historic lows … Continue reading

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DC’s April Home Sales Second Highest Since 2006

Last month, 5,170 home purchase contracts were signed in the DC area, the second highest total for April since 2006, according to data released today by RealEstate Business Intelligence (RBI), the research arm of Metropolitan Regional Information Systems (MRIS). The … Continue reading

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30-year mortgages hit 2011 low

Mortgage rates have dropped this past week. The affordability to purchase a home is at an all-time high and is in some cases CHEAPER to buy a home then rent a place. If you are interested in purchasing a home … Continue reading

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Rate on 30-year fixed mortgage falls to 4.78 pct

Fixed mortgage rates dipped this week, with the rate on the 30-year loan staying under 5 percent and the 15-year loan falling below 4 percent. Freddie Mac says the average rate on the 30-year loan fell to 4.78 percent from … Continue reading

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How Can You Beat a Cash Bidder in Real Estate Market

Cash buyers are flooding the real estate market in record numbers to take advantage of bargain housing prices. But these buyers may put consumers who need financing at a disadvantage. Sellers often prefer cash deals because it can mean faster … Continue reading

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