Sellers: Will You Be A Good Buy or a Good Bye?
As you may or may not know, 95% of the success of the sale of your home depends on price. The old saying location, location, location is bunk. If your home is in an appealing area and is priced incorrectly, it won’t sell. If your home is in a less appealing area, but is priced [...]
203k Loans Make Purchasing a Home Within Reach for Many
 In partnership with state and local housing agencies and nonprofit organizations, many lenders offer a loan program called the 203K, to rehabilitate properties. It is Housing and Urban Development’s (HUD) commitment to increase homeownership and promote, restore and preserve the existing housing supply.
When a buyer wants to purchase a home in need of repair or updating, [...]
Appraisals Ruin Sales
I was recently on the receiving end of a VERY disappointing appraisal. I was the listing agent on a townhome in Prince Georges county where the seller received a good offer. It was only $10,000 below the full asking price. After reviewing the offer with the seller and reviewing the comparable sales, the seller decided to [...]
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