Gaithersburg, MD Real Estate News

By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
It is getting to be that time of year again.  Spider webs, cauldrons and spooky characters.  Some like to go to Haunted houses, haunted forests, but my idea of fun is the  Candlelight Ghost Tours in Frederick Maryland. Did you know that Frederick is over 250 years old?   Many of the major Civil War battles were fought  around Frederick County.  The Battle of Antietam, South Mountain and the Monocacy Battle.   Frederick was the largest city during these battles and many of the wounded soldiers came to Frederick for medical help. Downtown Frederick has been restored and updated over the years.  Just think of the small quaint alley ways, wonder what is lurking there down the way?    You can go antiquing down Patrick and Market streets.  There are many restaurants for your dining pleasure. ...
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By Tim Marose, Maryland Buyer & Refinance Specialist
(Primary Residential Mortgage Inc.)
The DC Metro area was one of the fastest appreciating areas in the country for homes during the last 5 years.   Like the old saying goes, “What goes up, must come down”, and many have felt the pinch of the housing crunch over the last year.   Falling home prices have caused financial hardship for many, while others have found relief with a debt consolidation loan.   A debt consolidation loan simply uses the equity in the home to pay off other expenses.   Let me give you an example of a recent situation and how a debt consolidation loan changed their monthly expenses.   Mr. and Mrs. Homeowner owe $147,000 on their current mortgage.   They paid $160,000 in 2004 with just 5% down.  The house, even after depreciation in the last year, is worth $300,000.    They currently have a 7% mortgage ...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
I have always been blessed as an agent in my area in terms of being "successful" .  Many REALTORS® have different ways of calculating success.  Some will count how many homes they sold at the end of the year, others will use their income as the gage for their success.  I gage my success in a different way.  For me, it is the relationships that I establish that will hopefully last a lifetime. Many of my clients are first time homebuyers.  I am honored to be involved in a person or couple's first home purchase.  It is a milestone in their life that they will someday look back on with pride that they accomplished and I played a role in the transaction. I have also been lucky enough to be invited to some of their weddings.  As it turns out, I have been invited to 4 weddings this year.  It i...
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 SHADOW GLEN FORECLOSURE - GAITHERSBURG, MARYLAND Fall buyers need to watch the inventory of lender owned homes when seeking the best available housing deals. The lenders have an excessive inventory of homes due to the serge in foreclosures. This is the time to be a purchaser. Buyers need to be pre-qualified for financing since a lender letter must be submitted with any offer. Many families are using FHA financing for the low cash requirement. Contact us if you need a referral to a loan officer. We provide client reports on lender owned properties in Montgomery County and Frederick County, MD.  If you select us as your exclusive buyer agents, we will show you how to be a successful purchaser. roykelley@mris.com   222 SHADOW GLEN CT, GAITHERSBURG, MD 20878   LAKELANDS GREAT SENECA - 3 BE...
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FORECLOSURE AT THE COLONNADE, KENTLANDS, GAITHERSBURG, MARYLAND If you have a friend or relative that would like to purchase a condo in Kentlands, this is your opportunity to suggest a lender owned foreclosure at a bargain price.  When new in 2005, this unit sold for $421,600.  It is available now at $299,900.  Buyers will need to have a pre-approval letter in hand if financing is required. The lender letter must be submitted with any contract. Ask us for a referral to a loan officer. If you know Jim Beatty in Kentlands you may know that he is the manager at Countrywide Home Loans, 240-631-8318, and he is available to assist with your mortgage financing needs. Contact us for more details on this condominium or other lender owned properties in Montgomery County or Frederick County, Maryl...
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By Roy Kelley
(Realty Group Referrals)
   SENECA WHETSTONE - REO PRICE REDUCTION September home buyers should be watching for the deals on the list of lender owned foreclosures.  The price on this home was just reduced to $444,000 for a quick sale. Please contact us if you would like to receive the details on this home. Buyers need to be pre-qualified for financing.  We will be happy to recommend a lender if you do not have one. We represent buyer clients as their exclusive agents. roykelley@mris.com 10813 GAME PRESERVE RD, GAITHERSBURG, MD 20879     SENECA WHETSTONE - 4 BEDROOMS/3.5 BATHS - $444.000    
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Hello all how are you today...  I am curious as to how I stop getting e-mail notifications for every comment I get.  There must be a way to reduce the amount coming in my mailbox.  If anyone could answer this  Iwould really appreciate it. Oh by the way thanks for the correction on Dale Carnegie-Napoleon HIll.  It was rather late last night and I am reading How to influence people by Dale Carnegie.  I got it all mixed up, we ll cest la vie, I will have to view my blogs a little better, especially at 2 am..lol... Hope everyone has a good and prosperous SUnday...Go Giants............
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Individual Property Inspection Process to Begin Sept. 22 The Board of Trustees approved an individual property inspection process that will commence this fall. Community Inspection Services will be inspecting each home in the Kentlands from community property for maintenance issues with respect to the following building elements: Roof & Roof Trim Concrete Stoops Shed Gutter & Downspouts Exterior Lighting Fence Window Trim & Shutters Door & Door Trim Deck Kentlands Express Notice Tree & Shrub Pruning Debris & Litter Patio Storm or Screen Doors Window Muntins Siding Grass Height (Repair / Seed) Play Equipment The inspectors will be outfitted with orange reflective safety vests (like a construction crew or landscaping crew would wear). The vests have "HOA" painted on the back and the insp...
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GAITHERSBURG/KENTLANDS/LAKELANDS, MD REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 20878, you should take a close look at the following report that compares the statistics for August with the same month last year. There were 85 new listings in the area and 75 listings went to contract. There were 50 actual settlements as compared to 83 homes sold last August. The total sold dollar volume was down 45.96%. The average number of days on the market was up to 96.  The average sale price was 92.34% of the average list price.  What does this mean?  It is still a soft market which favors buyers. The good news is that most of us in the real estate business have noticed an increase in activity and the number of contracts being submitted. It will be...
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By Fernando Herboso - Broker for Maxus Realty Group, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group - Broker 301-246-0001)
 Foreclosures for Gaithersburg Maryland Foreclosures in Gaithersburg Maryland-Bank Owned Properties for Gaithersburg MD  Gaithersburg Right now, the market for foreclosures  in Gaithersburg is hot. While real estate purchases in general are in a decline for 2008, investors, first time home buyers and savy home buyers  are finding great deals in the foreclosure market in Gaithersburg MD . Maryland has a vast amount of foreclosures listed in the local real estate market at prices well below the market value compared to normal sales. If you are remotely thinking tha you should buy now. . .You need to call us SUBSCRIBE TO RECEIVE FORECLOSURES FOR GAITHERSBURG MD HEREWe have trained agents able to assist you with all of your real estate needs -- homes to live in, new builds, investment prope...
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NEWLY AVAILABLE REO - FLOWER HILL, GAITHERSBURG, MARYLAND September home buyers need to watch the inventory of lender owned homes.  The lenders have a surplus inventory of foreclosed homes and are highly motivated to sell them before the winter season.  Prices are reduced until the homes are under contract.  It is a good time to make offers.  Let us show you how to be the successful purchaser of a REO property. Many families are using FHA financing for the low cash requirement and easier underwriting requirements.  Recent changes by the White House made FHA even more attractive for use when purchasing lender owned homes.  Buyers need to be pre-qualified for financing. Ask us for the name of a loan officer.  We represent buyers as their exclusive agents.  Let us know if you would like to...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Audrey June-Forshey | RE/MAX Reatly Group | 301-921-2672 756 Tiffany Drive, Gaithersburg, MD Open House Sunday September 7th, 1:00 to 4:00 pm 5BR/3BA Single Family House offered at $459,000   Year Built 1969 Sq Footage 2,156   Bedrooms 5 Bathrooms 3 full, 0 partial   Floors 4 Parking 1 Covered spaces   Lot Size 11,131 sqft   HOA/Maint $0 per month     see additional photos below      PROPERTY FEATURES Central A/CCentral heatFireplaceWalk-in closetHardwood floorTile floorFamily roomLiving roomDining roomDishwasherRefrigeratorStove/OvenMicrowaveAtticBasementWasherDryerLaundry area - insideBalcony, Deck, or PatioYard       ADDITIONAL PHOTOS Seller contact info:   Audrey June-ForsheyRE/MAX Reatly Group301-921-2672  For sale by agent/broker   Equal Opportunity Housing Posted: Sep 5, 2008, 3...
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FLOWER HILL REO PRICE REDUCTION -  GAITHERSBURG, MARYLAND Are you looking for real estate bargains?  September home buyers need to watch the inventory of lender owned homes in Montgomery County, MD.  The lenders have a surplus inventory of foreclosed homes and are highly motivated to sell them before the winter season.  Prices are reduced until the homes are under contract.  It is a good time to make offers.  Let us show you how to be the successful purchaser of a REO property. Many families are using FHA financing for the low cash requirement and easier underwriting requirements.  Recent changes by the White House made FHA even more attractive for use when purchasing lender owned homes.  Buyers need to be pre-qualified for financing. Ask us for the name of a loan officer.  We represent...
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By Roy Kelley
(Realty Group Referrals)
KENTLANDS FILM SOCIETY GALA OPENING NIGHT EARLY START TIME 6 PM SEPTEMBER 21, 2008 AT THE GAITHERSBURG ARTS BARN *Complimentary champagne and punch *Hors d'oeuvres provided by O'Donnell's *Hollywood-style ambience including red carpet and photographer Followed at 7 PM by the MANHATTAN SHORT FILM FESTIVAL *12 Festival finalists are being shown around the world that same week *Viewers will vote for Best Film *Automatic admission for subscribers *Some subscriptions still available *Limited number of walk-in tickets $8.00 *Walk-in reservations available after September 12 by contacting Maureen Green at greencwmp@aol.com or 301-947-8882 Applications for subscriptions ($35.00 for five-film series) available at the Kentlands Clubhouse, Lakelands Clubhouse, Gaithersburg Arts Barn or Kentlands ...
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By Roy Kelley
(Realty Group Referrals)
Spanish Club forming for Kentlands Residents If you are interested in studying the Spanish Language or engaging in a discussion group - this could be the club for you! The Kentlands Spanish Club is currently forming in response to the residents who participated in Spanish classes in the spring and would like to continue their education. This club will also be open to any other residents interested in Spanish who have not previously participated in Spanish classes. Meeting dates and times have not been set and this group is in its early forming stages. If you are interested, please send an email to Anita Parks at aparks@cmc-management.com to sign up for more information as it becomes available.
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By Roy Kelley
(Realty Group Referrals)
If you live in Kentlands and are not a member of the Kentlands Neighborhood Watch, you may wish to receive the notices on what is happening in the community.  The contact person if you have questions is Brett Cosor brettcosor@hotmail.com KentlandsNeighborhoodWatch@yahoogroups.com Gaithersburg Announces 2008 Citizen Police Academy The Gaithersburg Police Department is now accepting applications for its Citizen Police Academy which begins Thursday, September 11, 2008. Weekly sessions will be held at the Bohrer Activity Center, located at 506 S. Frederick Avenue, from 7 to 9:30 p.m. every Thursday night through November 6. Class size is limited to 16 residents who must be at least 16 years of age. The deadline for applications is Tuesday September 9, 2008.During the Academy, participants ...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Last Sunday our office had an office BBQ at the Seneca Creek State Park in Gaithersburg.  It was a really fun afternoon.  Our office does a really great job keeping us things positive and fun.  Kara Hurley, one of our office managers and party organizer extrodinaire, thought it would be a fun afternoon for us all to come out and hang out together and just let go of the market for a bit.  I think it is really a great thing that even in tight times our brokers and managers are trying to keep things up and positive for all. The office supplied the burgers and Hot dogs, the rest of us brought all of the side dishes.  There was more than enough for all.  Everyone was invited, the kids and all. For a fund raiser our broker, Ken Crowley what a sport, let us pie him for donations to the Childre...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Audrey June-Forshey | RE/MAX Reatly Group | 301-921-2672 756 Tiffany Drive, Gaithersburg, MD Come Live in the Heart of Gaithersburg 5BR/3BA Single Family House offered at $459,000 Year Built 1969 Sq Footage 2,156 Bedrooms 5 Bathrooms 3 full, 0 partial Floors 4 Parking 1 Covered spaces Lot Size 11,131 sqft HOA/Maint $0 per month see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace Walk-in closet Hardwood floor Tile floor Family room Living room Dining room Dishwasher Refrigerator Stove/Oven Microwave Attic Basement Washer Dryer Laundry area - inside Balcony, Deck, or Patio Yard ADDITIONAL PHOTOS Seller contact info: Audrey June-Forshey RE/MAX Reatly Group 301-921-2672 For sale by agent/broker Equal Opportunity Housing Posted: Aug 30, 2008, 4:09pm PDT
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NEW COUNTRYWIDE REO LISTING - GAITHERSBURG, MARYLAND September home buyers need to watch the inventory of lender owned homes in Montgomery County for home purchase bargains.  The lenders have a surplus supply of owned foreclosures and are very anxious to sell them quickly.  Talk with us about making offers on REO properties.  We will show you how to make a successful purchase.   Many families are using FHA financing for the low cash requirement. Ask us for the name of a loan officer for pre-approval.  You will need a lender letter from Countywide when you submit your contract. Check with us for more details on this home or other lender owned homes in Montgomery County and Frederick County, MD.   We represent buyers as their exclusive agents. roykelley@mris.com 18419 HALLMARK CT, GAITHER...
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