ARCHIVED BLOG POSTS
2012
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How would you describe the market when real estate prices fall and more than six months of inventory remains on the market? It doesn't really matter what terms you use – what matters is the fact that people are still buying and selling. You simply adjust to the market. If you're selling, shoving ...
01/31/2012
For real estate investors, Chapter 11 can be a lifesaver - a proverbial "fresh start" from an otherwise seemingly impossible situation - which gives the debtor a respite from creditors. The idea that filing for bankruptcy is a beginning, not an end, bears repeating, because real estate investors ...
01/30/2012
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It's already the last week of January! It's time to get out and enjoy the terrific places to go and unique things to do in our area! Here's a look at just a few of the possibilities available for your enjoyment during the upcoming week in Montgomery County: Saturday, January 28 at noon, experienc...
01/27/2012
Real estate agents use comparable sales or "comps" (properties recently sold in the area) to see what the market bears for a listing price or value range marketing. But what makes a home a good comp? A few things must line up in order for the agent to utilize the comp to justify your listing pric...
01/26/2012
The quality of the air in Silver Spring homes during the winter months, when the windows are rarely opened, can be a real problem. It becomes even more of a problem if you're trying to sell your home. With winter now in full force, many of us have our windows shut tight, meaning that the air insi...
01/24/2012
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Foreclosures and REOs are still pulling novice investors into the market; if you're one of them, there are a few tried and true “rules” that have been around for quite a while. Even if you've been investing in real estate for a while, it never hurts to refresh yourself on some key guidelines whic...
01/23/2012
How's 2012 going for you? Silver Spring home owners are definitely feeling winter right now! Don't let the chilly weather stop you, though - get out and enjoy the great places to go and fun things to do in our area! Here's a look at just a few of the possibilities available for your enjoyment dur...
01/20/2012
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A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotia...
01/19/2012
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We all know that the real estate market is still taking its share of hits, but that doesn't mean it's impossible to sell your Silver Spring home. Sellers need to be patient, and savvy, to avoid some common mistakes that may seem all-too-appealing during these rough times. Avoid asking too much. T...
01/17/2012
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For some investors, the thought of offering anything but a low ball offer is completely unheard of. However, if competition from numerous investors in an area is fierce, those investors may find themselves limited in their ability to acquire property. A recent article by Ken Corsini at Bigger P...
01/16/2012