Damon J. Brockenberry's (damontheagent) Blog

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Real Estate Agent - Keller Williams Preferred Properties - DC: SP98364962 MD: 601648
RECENT BLOG POSTS
With housing prices at an all time low and spring in the air this equals buying season.  From investors to first time home buyers, everyone is looking for a deal or a steal especially with little to no repairs needed.  Buying season usually runs from April to September.  People move during this p...
05/16/2011
Welcome to the world of Real Estate 2011.  You see a property you like, you want to write an offer on it and you find out it's a short sale.  But you really want to purchase that property, question is how long is this process going to be when you're on the buyers side.  Where you have no control ...
05/04/2011
Short Sale or Deed of Lieu Foreclosure is the question.  Seems many homeowners who are upside down and want to get out without foreclosing are asking themselves this question. Short Sales which are extremely popular and in many cases time consuming due to the 3rd party (the homeowners lender).  ...
04/19/2011
How long does it take to complete a 203K?  This can be a simple question with complex answers.  Depending on which 203K is used it can vary.  It can also vary by the size of the property and what's actually being done to that property.  Again a streamline 203K loan are repairs that are  under $35...
04/13/2011
Foreclosure, short sale, foreclosure, short sale does it seem like every other house is either a foreclosure or short sale that require some kind of repair or repairs.  Well the 203K loan is available to help in many cases.  Which 203K loan applies, the streamline or the full blown.  The streamli...
04/06/2011
For those who really don't know what closing cost are and how they are calculated let me help you; closing cost. Let's go back a few years ago.  When an offer was made it would usually have a request of 6% closing assistance from the seller.  With foreclosures and short sales holding most of the ...
11/04/2010
I showed a property yesterday for a buyer who really had her hopes high on a property based on recent conversation with the listing agent and on the price.  We even waited for nearly an hour because the wrong key was in the lockbox and she really wanted to see this property.  When we opened the d...
11/02/2010
Very often people ask me "what is the interest" and my response to them is "depends on you".  Usually there response is I heard it was at the lowest in 30 years and I smile.  First let's define what the interest is and how it applies to every homeowner or potential homeowner. Click here for more....
10/29/2010
There have been many questions, concerns, and issues pertaining to what is an earnest deposit, when is it applied, and who holds the deposit.  These answers vary but there is one thing for sure.  The earnest deposit shows good faith from the buyer.  When an offer is made a copy of the earnest dep...
10/25/2010
In August 2010 I sold a townhouse that showed extremely well in 3 months for $201,777 for top dollar while the foreclosures and short sale priced lower continued to sit on the market.  I recently found out another agent listed a house that showed equally as well in that same subdivision for $95,0...
10/22/2010
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Damon J. Brockenberry

Damon The Agent
local_phone202-333-8393
smartphone240-694-6460
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