Today’s economy is not a bowl of cherries. The nation has suffered a severe hardship the last few years and we are not out of the woods yet. Did you know that home prices have dropped more in this current depression than they did during the Great Depression of the 1930′s. That is staggering. This [...]
Everyone believes their property is worth more than others may think. This is because you pay for it, you live in it and it is worth a lot to you. But, these factors aside, do you really know what it is worth if you decide to sell it? Or, if you are looking to buy [...]
The dreaded words, “bad credit” is now heard from a lot more people than it used to be. Bad credit used to have a connotation that you just didn’t pay your bills. That is not the case in today’s world, necessarily. The latest economic crisis has hit home to many very hard. It’s not because [...]
Certainly, it is a well known fact by now that the economy struck many homeowners hard in the last year or so. There are now an overabundance of foreclosed property in the Washington, DC area as well as other parts of the United States. The lenders don’t want to and can’t keep these homes on [...]
With the year 2012 just around the corner, many are wondering what the future will hold for the real estate market in the Washington, DC area and other parts of the country. Even though it will probably not be an extremely good year, it is also not supposed to be quite so bad as the [...]
Prices on Tenanted property such as apartment houses are in a good range and more people are considering investing in this type of property. It is a really good way to get a good return on your investment and the rent on the tenants will most likely pay the mortgage on the property. There are [...]
Open houses are excellent ways to be able to visit several houses as well as locations to see if anything piques your interest. It is much easier to visit open houses than it is sometimes to make appointments with home owners for a certain time on a certain day. But, what is it that you [...]
When it comes to real estate, and it doesn’t matter if you’re buying, selling, or leasing, you just can’t beat the knowledge and experience that comes with a local expert. In real estate, the local expert is going to be a local real estate agent. Real estate agents make their living by helping people buy, [...]
There is an interesting article on Inman News that discusses data from Trulia highlighting areas that make second or even third price reductions to real estate listing prices. What is interesting to note is that real estate in Baltimore MD came in fourth with 48% of properties listed requiring a second or third price reduction [...]
Have you ever noticed the advertisements, perhaps neighborhood signs that say ‘we buy homes for cash’? They even promise to complete the transaction as soon as possible - some even suggesting seven days. It may sound tempting to investigate offers such as these, but there is a trap for the unwary. The people who deal [...]
Due to the economic downturn, many business owners believe this is an ideal time to purchase commercial real estate in Baltimore and elsewhere and are seeking the best values and best terms. But, before jumping into this endeavor, keep the following in mind: Ask for recommendations from other business owners who have bought property. Commercial [...]
Winter is often considered a relatively slow time of year when it comes to buying and selling real estate. In colder regions, trekking through snow and ice to visit open houses isn’t the way most people tend to spend their free time. Winter weather conditions can also make packing up and moving into a new [...]
Finding real estate in Washington DC can be difficult, especially if you have been used to searching by city and suburb. DC, of course, is comprised of neighborhoods rather than suburbs and some search tools are not equipped to handle this. Never fear, there are always solutions to problems. One solution is to find a [...]
Home buying in a buyers market should be fairly straightforward and, generally speaking, it is. However, there are some traps that home buyers could fall into if they are not careful and one of those is aggressive pricing. This is the reverse of overpricing. Why is aggressive pricing a possible trap? Properties that look good [...]
If you’re in the market looking to buy real estate then you should consider finding a real estate agent to represent you. There is no cost involved since the buyer’s real estate agent receives a share of the sales commission. Before taking on a buyer’s real estate agent, considering a few important factors. For example: [...]
Real estate appraisal is simply a process of determining what a property’s real worth is. The appraisal is generally undertaken by an appraiser who has been licensed by the state. They should be independent third parties who can provide unbiased valuations. That all sounds very formal and to an extent it is. Let’s take a [...]
Are you looking to buy a new home or perhaps in the market for a few investment properties? Technology is such now that you can view real estate listings from your cell phone – and more. Applications for cell phones are not new, particularly since the arrival of iPhones, so an application that features real [...]
