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 [...]
Jumbo Loans Stifle the Market Recovery
Jumbo loans – loans between $417,000 and $729,500 are adversely affecting the housing market. Lenders have maintained a higher interest rate than has previously been the case. These loan programs enjoy higher interest rates, higher down payments, very high credit scores and are taking people out of the market, leaving people selling these homes with [...]
VA Buyers – Five Reasons to Buy Now – Today!
You can make money by buying a home, right now, today. If you are eligible for a VA (Veteran’s Administration) loan and are a first time home buyer, there has NEVER been a better time to buy – EVER. Why? Prices are at their lowest level in years Interest rates are at record lows The [...]
