tag:blogger.com,1999:blog-1790107902685132688.comments2012-03-22T08:37:15.694-04:00Katie Wethmanhttp://www.blogger.com/profile/16842781856924622714noreply@blogger.comBlogger102125tag:blogger.com,1999:blog-1790107902685132688.post-78558849851142791052012-01-09T15:48:03.523-05:002012-01-09T15:48:03.523-05:00

Also, I hear that the only types of mortgages available for River Place, even with 30% down payment, are 1 to 5 year ARMs, so add the mortgage rate as an additional unknown, unless you plan on reselling within 5 years i.e. by 2017, and good luck with that.

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-1124527150910471772011-07-07T09:27:02.245-04:002011-07-07T09:27:02.245-04:00

CN, thanks for your comments, but I disagree that these units make a good investment for most buyers. If you're paying all cash, then perhaps you could turn a small profit since you don't have the interest expense. BUT if you're putting, say, 25% down (which most investors have), then the P&I is roughly $587 at today's rates, then add the co-op fee of approx $257/mo for a

Katie Wethmanhttp://www.blogger.com/profile/16842781856924622714noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-25100218247090641562011-07-06T23:04:00.937-04:002011-07-06T23:04:00.937-04:00

Yes but before 2052 arrives, you can rent out your unit at market rates. Conservatively, let&#39;s say you get $1,000/month or $12,000/year. In 40 years, that translates to $480,000 in rent! <br /><br />Right now studios are selling for less than $150,000 and you can definitely get more than $1,000/month for them in rent (and rents will definitely go up in the next 40 years). <br /><br />So,

CNhttp://www.blogger.com/profile/10224307403169990683noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-77158262017235992322010-03-27T17:03:51.221-04:002010-03-27T17:03:51.221-04:00

If you are buying any real estate that has been &quot;securitized&quot;, there could be title issues for years to come.

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-89144276116491112532009-09-30T05:31:09.745-04:002009-09-30T05:31:09.745-04:00

That&#39;s an informative post indeed. I am not new to the real estate market but really new nothing about property taxes calculations.

Laguna Realtorhttp://www.lagunaoc.com/noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-47863233860764796172009-09-13T12:23:28.956-04:002009-09-13T12:23:28.956-04:00

I went to this class and learned a ton. Definitely recommend for first time buyers. Plus it is free.

Marekhttp://www.blogger.com/profile/08162024717698901175noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-61139236824543471232009-09-09T23:50:03.682-04:002009-09-09T23:50:03.682-04:00

Buyers must do thorough research on some info about short sale for lenders may not disclose all necessary details. There maybe some delay on the approval process due to the condition of the documents.

CoachingByPeterhttp://www.coachingbypeter.com?a_aid=ronnoreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-43072248813545046452009-08-12T17:02:20.902-04:002009-08-12T17:02:20.902-04:00

Surprisingly busy indeed! Glad it sounds like you&#39;ve had a successful summer!

Brandon Greenhttp://www.brandongreenandassociates.com/noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-54122637430947220832009-07-13T02:02:13.768-04:002009-07-13T02:02:13.768-04:00

The current market scenario has brought everyone on his toes. One should be careful before investing in real estate. Do confirm prices by other builders/other sources.<br /><a href="http://www.randygridley.com" rel="nofollow"> Idaho Real Estate </a>

Sandeephttp://www.blogger.com/profile/14459583259453333684noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-64260189774261254322009-05-19T03:50:00.000-04:002009-05-19T03:50:00.000-04:00

great info...first time buyers should be well guided..this is really helpful..

commercial real estatehttp://www.staelena.comnoreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-39016419866974036292009-05-15T16:01:00.000-04:002009-05-15T16:01:00.000-04:00

Very cool news! That move should help stimulate the market.

Brandonhttp://www.brandongreenandassociates.com/noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-78638413080777773532009-05-09T21:16:00.000-04:002009-05-09T21:16:00.000-04:00

I think the sellers are finally understanding that they need to prepare their homes properly and price aggressively to get their home sold. <br /><br />If the home looks good and is priced right, the homes are going under contract.<br /><br />Maybe we have seen the bottom?<br /><br />Great topics Katie. Keep it up!

Realty Secret Agenthttp://www.blogger.com/profile/11113070580489050672noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-21038506602584751262009-04-18T09:54:00.000-04:002009-04-18T09:54:00.000-04:00

Good advice. Its amazing how many people don't think carefully about these things.

CityKidhttp://citykid.tel/noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-12222225260368408572009-04-07T12:02:00.000-04:002009-04-07T12:02:00.000-04:00

Kinova,<BR/><BR/>Sorry that it seems you are in a tough spot with your agent. The clauses you describe are very common, in fact. My advice to you would be to go to your agent's supervising broker and ask for assistance from him/her and/or ask them to assign another agent in the office with more experience with foreclosures. Your agreement is technically with the broker, not any individual agent

Katie Wethmanhttp://www.blogger.com/profile/16842781856924622714noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-75866244859494045132009-04-07T08:39:00.000-04:002009-04-07T08:39:00.000-04:00

Hi there! thanks for the post! I have a similar case that the bank sent a 10 page addendum! One of them being that the bank can walk out anytime from the agreement, wnd we can't. And also the loan money should arrive one day before closing, instead of on the day of closing (wonder why?). WHich attorney should I pick to read this addendum? Is there a special one? and if I don't contact an attorney

kinovahttp://www.blogger.com/profile/12846026819427187320noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-61739734566268442282009-04-05T09:39:00.000-04:002009-04-05T09:39:00.000-04:00

Anonymous, you've stumbled onto some of the very common, and very frustrating, parts of writing on a foreclosure. The process works a little differently with a foreclosure. You should check with your broker for more information. If you want to email me directly I will share my experiences working on foreclosures with you (I'm licensed in DC, MD, and VA).

Katie Wethmanhttp://www.blogger.com/profile/16842781856924622714noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-38722464313983375042009-04-05T08:49:00.000-04:002009-04-05T08:49:00.000-04:00

Does any Maryland real estate agent know what forms go with a foreclosure condo contract. I have been given noting by the listing agent, just told to send the contract only as the bank was going to send their own version back. What about inspection my client wants and right to see HOA docs ahead of time. HOA docs can always get you out or the inspection? Help!

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-42230190993720581722009-04-03T21:06:00.000-04:002009-04-03T21:06:00.000-04:00

I like this! Good points all around.

surprisehttp://www.blogger.com/profile/13705086156028980223noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-40986494236463485832009-03-17T14:00:00.000-04:002009-03-17T14:00:00.000-04:00

Very interesting Katie!

Brandonhttp://www.brandongreenandassociates.com/noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-24028311137747626152009-03-01T15:39:00.000-05:002009-03-01T15:39:00.000-05:00

Katie, Thanks for promoting staing in your business. Your clients are lucky to work with someone who understands the value of real estate teams.

Preferred Staginghttp://www.blogger.com/profile/02777522053078152408noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-33592156979568592982009-02-26T15:58:00.000-05:002009-02-26T15:58:00.000-05:00

Hey there,<BR/><BR/>If you believe you may have asbestos insulation, any disturbance has the potential to release its fibers in the air.<BR/><BR/>The Environmental Protection Agency suggests: <BR/><BR/>- Asbestos insulation should be left undisturbed in your attic. <BR/>- Limit the amount of accessories and items stored.<BR/>- Do not allow children’s access.<BR/>- If you plan to remodel or

Joehttp://www.asbestos.com/noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-27516890742835772552009-02-26T14:27:00.000-05:002009-02-26T14:27:00.000-05:00

Does anyone know about asbestos in attic insulation? I had a crawl-space access hatch cracked open in my closet in Fairlington for several months. I sealed it off properly after I became concerned that maybe insulation fibers were blowing into my closet and bedroom.

Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-40240258160086166762009-02-20T12:57:00.000-05:002009-02-20T12:57:00.000-05:00

Wow--25 percent is high, especially for Washington, DC, where many condos still aren't cheap.

Brandonhttp://www.brandongreenandassociates.com/noreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-24273551574100294752009-02-18T12:32:00.000-05:002009-02-18T12:32:00.000-05:00

lets hope that congress will have the kind hearts to forgive the loans on those poor suckers of us who bought post april 08 and pre jan 1 09.

matt ynoreply@blogger.comtag:blogger.com,1999:blog-1790107902685132688.post-65250580406359415472009-02-10T15:05:00.000-05:002009-02-10T15:05:00.000-05:00

Very Timely post. I did a sales meeting on this very issue this morning. It will be interesting to see what comes out of the conference committee, but in any event it looks like there will be a substantial credit available in the very near term. What a great time to be in the market for a new home.

Marcus Simonhttp://www.blogger.com/profile/14708743620469859833noreply@blogger.com