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Gaithersburg, MD Real Estate News

Roy and Dolores Kelley Photographs & FHA 203(k) 9/25/11 FHA 203(k) Rehabilitation Financing 1.  May be used for the owner occupant purchase of lender owned foreclosures or short sale pre-foreclosures that have deferred maintenance, repair or renovation needs. 2.  May be use to fix up and refinance the current residence. 3.  Can be used on conforming or jumbo FHA mortgage loans. 4.  The cost of renovation can be included in the FHA mortgage loan.  Funding can be used for the following: 1.  Structural alterations and reconstruction. 2.  Kitchen or bathroom renovations or finishing a basement. 3.  Major landscape work or site improvements. 4.  Elimination of health and safety hazards. Prospective home buyers that wish to use renovation financing should obtain pre-approval for mortgage fina...
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Roy and Dolores Kelley Photographs & Chrysanthemum Show 9/22/11 Brookside Gardens, Wheaton Regional Park Chrysanthemum ShowSponsored by the Potomac Chrysanthemum SocietySaturday, October 22, 1:00-5:00pmSunday, October 23, 10:00am-3:00pmVisitors Center www.BrooksideGardens.org The Chrysanthemum Show is one of our favorite events for capturing beautiful photographs. Capture the moments in your neighborhood I like to take frequent  walks through the Kentlands and Lakelands  communities in Gaithersburg, Maryland.  The exercise is good for my body and watching for the changing colors of the seasons is good for my mind.  When you focus your camera on a beautiful flower or a leaf than has fall coloring, it is easy to set aside the problems of the day.  Life is better when you are willing to ac...
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Roy and Dolores Kelley Photographs & Mushroom Fair 9/21/11 Brookside Gardens Mushroom Fair Sponsored by the Mycological Association of WashingtonSunday, October 2, 12:00-5:00pmVisitors Center Auditorium www.BrooksideGardens.org Dolores and I love to visit Brookside Gardens. It one of the very special places in Montgomery County, Maryland.  Visitors should always have a camera in hand. Capture the moments in your neighborhood I like to take frequent  walks through the Kentlands and Lakelands  communities in Gaithersburg, Maryland.  The exercise is good for my body and watching for the changing colors of the seasons is good for my mind.  When you focus your camera on a beautiful flower or a leaf than has fall coloring, it is easy to set aside the problems of the day.  Life is better when ...
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Roy and Dolores Kelley Photographs & Dahlia Show 9/20/11 Brookside Gardens Dahlia Show/SaleSponsored by the National Capital Dahlia SocietySaturday, September 24, 2:00-5:00pmSunday, September 25, 9:00am-3:00pmCut blooms will be sold after the close of the show at 3:00pmVisitors Center Auditorium   www.BrooksideGardens.org You will want to have your camera in hand when you go to the Dahlia Show.  These are some of my favorite flowers to photograph. Capture the moments in your neighborhood I like to take frequent  walks through the Kentlands and Lakelands  communities in Gaithersburg, Maryland.  The exercise is good for my body and watching for the changing colors of the seasons is good for my mind.  When you focus your camera on a beautiful flower or a leaf than has fall coloring, it is ...
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Roy and Dolores Kelley Photographs & Chrysanthemum Display 9/19/11 Brookside Gardens, Wheaton Regional Park Conservatory Chrysanthemum Display: Autumn HarvestSaturday, October 8 through Sunday, November 20Note: South House closes November 1410:00am-5:00pm daily; FREEBrookside Gardens Conservatory www.BrooksideGardens.org This is the place to get your chrysanthemum photographs.  Dolores and I always enjoy visits to Brookside Gardens.  It is one of the very special locations in Montgomery County, Maryland.  Capture the moments in your neighborhood I like to take frequent  walks through the Kentlands and Lakelands  communities in Gaithersburg, Maryland.  The exercise is good for my body and watching for the changing colors of the seasons is good for my mind.  When you focus your camera on ...
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Roy and Dolores Kelley Photographs & Wings of Fancy 9/18/11 Today is the final day of the Wings of Fancy Exhibit  "Wings of Fancy" Live Butterfly Exhibit Saturday, April 30 through Sunday, September 18, 201110:00 a.m. to 4:00 p.m. dailyFEES: $6 adults; $4 ages 3-12Brookside Gardens South Conservatory www.brooksidegardens.org We love to photograph the butterflies during this annual exhibit. Capture the moments in your neighborhood I like to take frequent  walks through the Kentlands and Lakelands  communities in Gaithersburg, Maryland.  The exercise is good for my body and watching for the changing colors of the seasons is good for my mind.  When you focus your camera on a beautiful flower or a leaf than has fall coloring, it is easy to set aside the problems of the day.  Life is better ...
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 Roy and Dolores Kelley Photographs & Investor Financing 9/17/11 What mortgage financing is available for real estate investors? This week, a Maryland lender is quoting 30 year fixed rate investor financing at 5% with no points. This is for 80% loan to value mortgages to $417,000.  Investors should expect to provide full documentation that some will feel is intrusive.  All should have pre-approval letters in hand before submitting offers on any properties.  Capture the moments in your neighborhood I like to take frequent  walks through the Kentlands and Lakelands  communities in Gaithersburg, Maryland.  The exercise is good for my body and watching for the changing colors of the seasons is good for my mind.  When you focus your camera on a beautiful flower or a leaf than has fall colori...
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Kentlands Flower Photographs by Roy Kelley & FHA Financing  9/15/11 FHA Mortgage Financing For Condominiums    Condominium buyers and sellers need to know about the available mortgage financing.  If the needed financing is not available, the market for the units may be limited to cash buyers.   In the Montgomery County, Maryland Suburbs of Washington, DC, there are many condominium communities that now have expired HUD approvals for FHA financing.   This link should take you to the HUD page so you can research communities within specified zip codes.   https://entp.hud.gov/idapp/html/condo1.cfm      Real estate professionals need to disclose the availability of mortgage financing to their buyer and seller clients.  When there is uncertainty about available financing, check with you mortg...
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Kentlands Flower Photographs by Roy Kelley  9/14/11 "INFO THAT HITS US WHERE WE LIVE...The great opportunity now is for home buyers to get a mortgage at an historically low rate. Freddie Mac reported national average mortgage rates set new record lows last week. But according to most observers, buyers shouldn't expect further rate dips. Lenders are seeing plenty of loan volume, so they don't have to lower pricing to get more activity.Opportunity was also one of the themes in Fannie Mae's August National Housing Survey, where 69% of Americans polled say now is a good time to buy a home. And in spite of all the talk about more price declines, people expect home prices to dip only 0.5% in the next year. This is why some observers feel we're at a price bottom now. A strong 46% of Americans ...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
The Foreclosure of the Day for Montgomery County homes from a good friend Mark Cabrera of Symbre Realty and it was chosen as the FORECLOSURE of The Day simply for one single reason. .   There are no other single family homes in Gaithersbug MD priced THIS LOW     305 BUTTRY RD, GAITHERSBURG, MD 20877 ML#: MC7686986 LP: $239,900 Status: ACTIVE DOMM/DOMP: 1/1 Adv Sub: BROWNS Ownership: Fee Simple TOT EST CHRGS: $4,275 Date Avail: Ground Rent: Type: Detached Area: Style: Split Level ADC Map Coord: 19A10 BR/FB/HB: 5/2/1 Yr Blt: 1988 Lot AC/SF: .316 / 13768 HOA/CC Fee: / SQFT-Tot Fin: Tax Living Area: 1,344 Lvls/Fpl: 2/0 Vacation Y/N: No Construction: Alum/Steel Siding, Vinyl Siding Basement: No, Parking: Drvwy/Off Str # Gar/Cpt/Assgn: // Heat/Cool: Electric/Forced Air/Electric/Central A/C Wa...
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By Roy Kelley
(Retired)
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