ARCHIVED BLOG POSTS
2008
Porches, Decks and BalconiesBy Derrek HicksPorches, decks and balconies are outdoor living extensions of a residence. As such, exposure to weather takes its toll on these home accessories faster than the primary structure itself. Preventative maintenance helps prolong their life, but all will s...
03/31/2008
The large numbers of trustees sales at the Montgomery County, MD court house steps is fueling the surge of lender owned foreclosures in the market. This conditon will continue to impact the real estate market for all buyers and sellers. Many of these homes have deferred maintenance due to the ...
03/30/2008
The continued surge in the number of foreclosures has created an unusually attractive window of opportunity for real estate purchasers in the Maryland suburbs of Washington, DC. This is the Lender Owned Foreclosures Report that we emailed to our clients. Lender Owned Foreclosures in Montgomery C...
03/30/2008
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The REO auction scheduled by Hudson & Marshall for April 26,2008 at 1:00 PM includes several lender owned homes that were acquired by foreclosures in Montgomery County, MD. The auction will take place at the Sheraton National Hotel in Arlington, VA. Roy Kelley & Associates at RE/MAX Realty ...
03/30/2008
Countrywide Homes Loans REO was recent location of a real estate office. The owner/broker paid $350, 000 for the property and the public record shows the previous sale at $450,000 in 2004. Historic home was built in 1900. Now priced at $239,900.MC6704656 ACTIVE 26032 FREDERICK RD Clarksburg...
03/28/2008
I have been using Linkedin.com for some time and have over 1,430 connections. It is very interesting and lot of fun to be in contact with people all over the world. The questions and answers are also interesting. I am an open networker and accept all requests for connections on Linkedin at royk...
03/27/2008
Montgomery County Post-Purchase Property Tax Disclosure LawAs a reminder starting April 1, 2008, all sellers (including the seller's real estate agent) in Montgomery County MUST disclose the post-purchase property taxes on any written or electronically transmitted material produced or distributed...
03/26/2008
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Board VacanciesCounty Executive Isiah Leggett is committed to having the County's boards, committees, and commissions representative of our County's residents. Public participation contributes to the work of County government and provides a valuable service to the community when a variety of issu...
03/26/2008
Fannie, Freddie Set Jumbo Conforming Loan RequirementsSpecial requirements are in place for the origination, underwriting, delivery, and servicing of jumbo conforming mortgages (loans above $417,000 and up to $729,750). In a conservative approach, Fannie has set the maximum loan-to-value ratio a...
03/26/2008
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Yesterday, there were over 60 trustee sales advertised in two area newspapers for Frederick County. The result is that the list of lender owned foreclosures (REO) is increasing every day. What does this mean? It is a buyer's market with wonderful opportunites to purchase homes at attractive pric...
03/26/2008
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