What happens to tenants when their landlord fails to make the mortage payment?  One of my clients is learning the answer to this question the hard way.  He's living through it.    Let's back up two years to March 2006, when I rented a nice 4-bedroom colonial in Bowie, Maryland, to Tom and his family.  After two years in a townhome, this family of five was no less excited about their new home than any homebuyer.  This wonderful home gave them a yard, a home office, a playroom, and an updated kitchen.  The commute to work was shorter, the schools were good, and they could enjoy the security of a long-term lease.  It was a home they imagined living in forever.  Forever was their dream.  Former home-owners themselves, they couldn't buy now without first resolving some issues of their own.  ... 03/05/2008

With so many foreclosure properties around buyers are looking for bargain houses and you can get it with just a little due diligence. . The abundant of foreclosure properties makes it an excellent time to buy a house, but before you decide to buy a foreclosure property get all your facts and make sure you do your home work. Some few things to remember when considering foreclosure properties. •-         Foreclosure properties are not priced 50% off. Banks arrive at their sales price using prices of recently sold homes in the area the property is located.•-         All real estates are local. Know your market and the prices of recently sold properties in  area where the foreclosure  property is located•-         Foreclosures are listed for sale by realtors and you cannot deal with banks d... 03/03/2008

  Vista Gardens Bowie: Homes are available in this sub-division for savvy buyer and bargain hunters. Many of the pre-foreclosure homes are priced up to 70K below value and many are in great condition. Vista Garden community is a walking distance to the new shopping center in MLK and just a few minutes to Route 50.  If you are looking for a bargain check out vista garden bowie homes for sale- pre foreclosure listing.  Get additional listings of pre-foreclosure and foreclosure listings in Bowie and surrounding areas. If you will like to view any of these properties contact me at keji@metrohomesrealty.com or at Bowie md homes for sale       02/21/2008

Covington Bowie Market Update Covington Bowie subdivision consists of condo, town houses and single family. Covington Bowie is just a walking distance to Bowie Wal-Mart, to Bowie Town Center shopping mall and Route 50 .The community also has walking trails and swimming pool The properties in the subdivision are affordable. The following are the current market inventories in Covington Bowie MD as of  Feb 16th 2008. Condo: 3712 EXCALIBUR CT #202, BOWIE, MD 20716  $272,0003700 EXCALIBUR CT #304, BOWIE, MD 20716  $285,500 Townhouses4004 Eastview Ct, Bowie       $314,9994008 Eager Ter, Bowie           $285,0003802 Eldbridge Ter, Bowie    $390,0004006 Estevez Ct, Bowie         $314,0004010 Estevez Ct, Bowie $312,0003712 Enders Ln, Bowie          $319,99916507 Elmcrest Ter, Bowie,  $329,000165... 02/16/2008

I was on Yahoo today when I read this story about this new website. It is called http://www.rottenneighbor.com/.  This website should suppose to let people know about a particular neighborhood before they make the decision to purchase their next home. Real estate agents can also use RottenNeighbor as a tool to market their services and feel more secure about the homes they show to their clients. You can use RottenNeighbor to: Get access to detailed maps of states, counties, cities and neighborhoods, all searchable by zip code Find important neighborhood information by searching the site's user-provided data Help others by uploading your own good or rotten neighbors to our database So whenever you get a chance,check out this website.                                                       ... 02/13/2008

The "Lifeline" Refinancing Mortgage Program allows "CDA Loans" to offer refinancing options to MD borrowers who may be facing difficulties after financing their homes with adjustable rate or other unfavorable mortgages, or mortgages that no longer fit their financial situation. Also,ask me about the DC Bond Program for first time home buyers looking to buy in Washington DC. Important facts to know about qualification: ** 640 MINIMUM CREDIT SCORE    ** FHA /VA /CONVENTIONAL LOAN AMOUNTS, NO HIGHER THAN $429,620    ** 30 YEAR, 40 YEAR, 35 YEAR INTEREST ONLY LOAN PROGRAMS AVAILABLE    ** RATES AS LOW AS 4.250%, WITH NO POINTS    **  ALLOWABLE LTV UP TO 100% ,  110% IF THERE IS A 2ND MORTGAGE    **  HOME MUST BE OWNER OCCUPIED    ** INCOME LIMITS , PER COUNTY   Here are some Woodmore Bowie ... 02/12/2008

Lake Arbor  Bowie MD Foreclosure Homes Galore Lake Arbor Bowie  MD is a large subdivision with single family and town homes in Bowie . The community boasts of on community park, walking trails, is centrally located with easy access to major highway and public transportation.  Lake Arbor Bowie  MD real estate market is very active with an average of over 15 single family homes for sale and over 20 town homes for sale. Lake Arbor   also has its share of foreclosures and short sale properties for sale. The foreclosure properties are priced well to sell fast. If you are in the market to buy a house in Lake Arbor Bowie I invite you to check out the array of properties available in  Lake Arbor in Bowie  md. To view list of homes for sale in Lake Arbor Bowie  or other parts of Bowie  check out... 02/07/2008

Bowie, Maryland Real Estate Market Update Here's what's happening in the Bowie, Maryland real estate market: DETACHED HOMES Active: 310 Average Days on Market: 157 Average List Price: $446,816 Pending: 39 Average Days on Market: 166 Average List Price: $398,517 NON-DETACHED HOMES Active: 119 Average Days on Market: 119 Average List Price: $310,350 Pending: 15 Average Days on Market: 119 Average List Price: $309,466 NOVEMBER SALES Detached Homes: 26 Average Days on Market: 127 Average List Price: $378,873 Average Sales Price*: $364,019 Non-Detached Homes: 10 Average Days on Market: 79 Average List Price: $311,505 Average Sales Price*: $307,990 *Sales Price does not include any seller contribution. Seller contributions are considered when evaluating a listing price as well as an official... 01/26/2008

Bowie, Maryland Real Estate Market Update Here's what's happening in the Bowie, Maryland real estate market: DETACHED HOMES Active: 326 Average Days on Market: 157 Average List Price: $447,058 Pending: 28 Average Days on Market: 146 Average List Price: $388,195 NON-DETACHED HOMES Active: 123 Average Days on Market: 112 Average List Price: $312,161 Pending: 11 Average Days on Market: 117 Average List Price: $316,836 NOVEMBER SALES Detached Homes: 26 Average Days on Market: 127 Average List Price: $378,873 Average Sales Price*: $364,019 Non-Detached Homes: 10 Average Days on Market: 79 Average List Price: $311,505 Average Sales Price*: $307,990 *Sales Price does not include any seller contribution. Seller contributions are considered when evaluating a listing price as well as an official... 01/15/2008

BOWIE REAL ESTATE, PRINCE GEORGE'S COUNTY, MARYLAND.  BANK OWNED HOMES FOR SALE IN BOWIE.YES!  THERE ARE A LARGE NUMBERS OF FORECLOSED, BANK OWNED PROPERTIES FOR SALE IN BOWIE.Foreclosures can be a good opportunity for a home buyer to buy a home at less than market value.  Banks are often willing to sell at less than market value.  Bowie home buyers seeking foreclosure opportunities must be pre-approved and non-contingent (no house to sell).  The purchase, from contract to settlement is usually 6-8 weeks.  It's worth waiting a few weeks for a good buy.  Bowie is probably the most popular community in PG County for homes.  Located close to public and good auto transportation routes, Bowie is an easy commute to Baltimore, Annapplis or DC.  Bowie, the original Levitt community is very popu... 01/13/2008

Bowie MD real estate: Here is market update for Bowie MD since January 1st 2008. 72 homes are listed 50 Detached homes 18 Town homes 4 Condos This is as great time to get more house for less money. Sellers are very open to negotiation and concession. A savvy buyer can buy a large house in sought after area of Prince Georges County with seller paying most of the closing cost. Additionally interest is very low to make for low monthly payment. Hurry don't miss this opportunity to get a great house. For Bowie house listings visit me @ http://www.metrohomesrealty.com/ or contact me @ keji@metrohomesrealty.com 01/11/2008

Bowie MD real estate, Foreclosure listing opportunity knock now is the time to take advantage of the down market. As of January 11, 2008 the total number of foreclosures for sale in Bowie is 12 properties. Opportunity knocks for a savvy buyer to save thousands of dollars in this market, plus the mortgage interest rate is down. These two factors make for a good market to buy a house. Historically home buyers have net worth more than renters. Are you ready to take advantage of this market check out my website for foreclosure listings @ http://www.metrohomesrealty.com/ or contact me @ 301-613-2043  01/11/2008

Bowie, Maryland Real Estate Market Update Here's what's happening in the Bowie, Maryland real estate market: DETACHED HOMES Active: 328 Average Days on Market: 158 Average List Price: $445,979 Pending: 27 Average Days on Market: 156 Average List Price: $385,568 NON-DETACHED HOMES Active: 118 Average Days on Market: 108 Average List Price: $312,161 Pending: 13 Average Days on Market: 122 Average List Price: $328,854 DECEMBER 2007 SALES Detached Homes: 26 Average Days on Market: 127 Average List Price: $378,873 Average Sales Price*: $364,019 Non-Detached Homes: 10 Average Days on Market: 79 Average List Price: $311,505 Average Sales Price*: $307,990 *Sales Price does not include any seller contribution. Seller contributions are considered when evaluating a listing price as well as an off... 01/07/2008

SHORT SALES IN BOWIE, PRINCE GEORGE'S COUNTY, MARYLANDWHAT IS A "SHORT SALE"?  A "Short Sale" occurs when a bank or mortgage company agrees to accept a payoff of a mortgage for less than the home owner owes.  This may mean real opportunity for home buyers.  The bank has agreed to accept less than the owner owes.  Home buyers who are in the market for a home in Bowie, MD, should include short sales in the homes under consideration for purchase.  There may be a real opportunity to acquire a home in your area of choice for less than market value.  YOU MUST BE PREPARED.  When including homes advertised or listed as "short sale", you must be pre-approved or at least pre-qualified with an appropriate lender's letter stating that you have the income to qualify, the money to close and the credi... 01/07/2008

Bowie, Maryland Real Estate Market Update Here's what's happening in the Bowie, Maryland real estate market: DETACHED HOMES Active: 334 Average Days on Market: 147 Average List Price: $451,831 Pending: 24 Average Days on Market: 141 Average List Price: $398,547 NON-DETACHED HOMES Active: 117 Average Days on Market: 113 Average List Price: $319,455 Pending: 17 Average Days on Market: 116 Average List Price: $313,826 NOVEMBER SALES Detached Homes: 17 Average Days on Market: 109 Average List Price: $391,262 Average Sales Price*: $372,888 Non-Detached Homes: 11 Average Days on Market: 93 Average List Price: $308,033 Average Sales Price*: $305,508 *Sales Price does not include any seller contribution. Seller contributions are considered when evaluating a listing price as well as an official... 12/28/2007

Market Report for Homes in Bowie, Maryland There are currently 338 detached homes for sale in Bowie, with an average list price of $453,212. They have been on the market for an average of 140 days. An additional 29 detached homes are under contract, with an average list price of $394,201. They have been on the market for an average of 132 days. There are currently 119 non-detached homes for sale in Bowie, with an average list price of $319,840. They have been on the market an average of 108 days. An additional 16 non-detached homes are under contract for an average list price of $291,553. They have been on the market an average of 102 days. In November, 17 detached homes were sold for an average sales price of $372,888*. They had an average list price of $391,262 and were on the market... 12/19/2007

 Things are looking very bleak for Bowie home sellers in the 20715 zipcode this month, based on statistics for November 2007 and these graphs of the years real estate activity. Bowie Units sold:  Down 35.71% from November 2006       Bowie Days on Market:  Up 42.47% from November 2006       Bowie Median sold price:  Down 2.88% from 2006         During the same timeframe, we have seen the inventory of active listings grow, while the number of sold properties has, at best, remained fairly consistent - ranging from 16 in September to 42 in June. The absorption rate for the most recent month was less than 10%, with an estimated inventory of 11 months if sales continue at the same pace.  Given that we are entering the typically slow winter months, that is unlikely.Based on this data, and the ... 12/18/2007

Market Report for Homes in Bowie, Maryland There are currently 361 detached homes for sale in Bowie, with an average list price of $454,531. They have been on the market for an average of 137 days. An additional 37 detached homes are under contract, with an average list price of $391,743. They have been on the market for an average of 123 days. There are currently 121 non-detached homes for sale in Bowie, with an average list price of $326,013. They have been on the market an average of 114 days. An additional 13 non-detached homes are under contract for an average list price of $291,553. They have been on the market an average of 106 days. In November, 17 detached homes were sold for an average sales price* of $372,888. They had an average list price of $391,262 and were on the market... 12/03/2007

 Bowie MD Foreclosure real estate save big: Bowie MD foreclosure listings can save savvy buyers a bundle. There are many foreclosure listings available in Bowie for about 75%-80% off the comparables in the area. Some of these properties need just cosmetic work - like painting, carpet and cleaning- but for the deep discount is worth the little effort to take to the buyer's taste. The banks want to sell these properties and they are ready to give concession to buyers in form of closing cost assistance and credit towards repair. Currently there are about 44 houses in the Bowie MD area that are foreclosure listings. Many first time home buyers can own homes for just a little more than they are paying in rent and move up buyers can buy more house for less money. Bowie Realtor Keji iluyomade ... 11/28/2007

Longleaf in Bowie, Maryland is situated just minutes from Washington, D.C.  Residents in Prince George's County call cities such as Upper Marlboro, Bowie and Clinton home.  Enjoy the conveniences of nearby shopping, entertainment and local attractions, yet escape the hustle and bustle of a big city.  With an ideal mix of rural and suburban living, the community of Longleaf offers easy access to a sought-after, relaxed lifestyle.  The following is a listing of home sales thus far in 2007.StatusMLS# ListPrice DOMP Address ClosePrice  SOLDPG6225641 $539,900 218 17114 RUSSET DR $539,900  SOLDPG6407876 $659,900 51 17201 LONGLEAF DR $659,900  SOLDPG6419022 $619,900 59 17003 BIRCH LEAF TER $615,000  SOLDPG6466381 $630,000 109 17000 BIRCH LEAF TER $620,000  SOLDPG6557268 $549,000 150 16900 ASPE... 11/15/2007