Boomerang Buyers Return to Market After Foreclosure

Many borrowers who lost homes to foreclosure during the housing bust are starting to buy again. Since the housing bubble burst, 4.8 million borrowers have lost their homes to foreclosure, and another 2.2 million gave them up in short sales, according to RealtyTrac. While many are still struggling to recover financially, a growing number are starting to bounce back — and they are looking for a new place to call home. Read more here.

So, for those you who have had a short sale, foreclosure or bankruptcy, contact me today to discuss your home buying options –  Roxanne 301-613-7257

FREE Staging Guide for Sellers

No ads, e-mails, flyers, videos or any other marketing material can help a home that doesn’t show well. If you are thinking about selling and need some tips on how to get your home in tip top shape and market ready, click below for our FREE “10 Hardcore Staging Tips for Sellers” guide. If you need further assistance and would like a free, no-obligation consultation, please email or call us today at 301-613-7257

Staging Guide

Great News Baltimore Home Buyers – Up to $15,000 in Down Payment and Closing Costs Assistance.

Neighborhood Housing Services (NHS) of Baltimore announces financing available for down payment and closing costs in Baltimore City. This organization is currently making $1,000,000 in down payment assistance available.  Potential home buyers ready with the necessary qualifications and documents will be able to register on line for first-come, first-served appointments. For more information click here.

The $100,000 Closet

The cost of this closet rivals or surpasses, the purchase price of some condos in Prince Georges and Montgomery County. Take a look at this and other  fabulous closets courtesy of  The Wall Street Journal.

Want a new house, with a larger closet? Call 301-613-7257 or email us today, we’ll be glad to help you find a new place to lay your hat.

D.C.’s Luxury Condo Market is Heating Up But Most of the Action Remains at the Lower Levels

Here’s an article from the Washington Post regarding the condo market in Washington, DC with an emphasis on the new luxury development, CityCenter located on the footprint of DC’s former convention center.

If you would like to view CityCenter or any other condo development in Washington, DC, email us or please give us a call at 301-613-7257

Short Sale Sellers….It’s Time To Sell

Now that the dust has settled on the fiscal cliff vote, you have probably heard that the Mortgage Debt Relief Act of 2007 has been extended another year…Yay!!!

So you savvy homeowners who have  previously been “on the fence” about listing your property due to the tax consequences are now able to sell.

We are experienced in the short sale process. Not only can we help you through the negotiations of your short sale, we can also help you find another nice place to live. So call us at 301-613-7257 or email us today to set up a consultation.

 

Dissecting the Details: Glamorous Kitchens

This is a fairly new site and I’ve written more about  glamorous design than I have about real estate. But I ran across this great post featuring another one of my favorite designers, Windsor Smith so I had to share. The guest author,  Nancy dissects the elements  used in Smith’s various kitchens and offers budget-friendly alternatives. The marble walls are not practical or affordable for me at this time, but I am eyeing the drum shade light fixtures and polished nickel shelves

Hey, it’s a new year coming up, I say go for the glam or better yet, buy a home with a new kitchen.

To help you navigate the home buying process and assist you in choosing a really cool kitchen, please call us at 301-613-7257, we’d love to help.

IMPORTANT FOR ALL MARYLAND HOMEOWNERS: Homestead Tax Credit Application Due DECEMBER 31, 2012

All Maryland home owners must submit a one-time application to continue their homestead tax credit eligibility.  For complete directions and a link to request the form, visit:  DIRECTIONS AND FORM.

A link to commonly asked questions about the homestead tax application, visit: Commonly Asked Questions for Homestead Tax Credit

To find out the status of your Homestead eligibility by looking up your property,  visit: MD Assessments & Taxation

Okay, so get to it.

 

 

Swooning For Pink

With winter approaching,  it’s time to incorporate darker colors into  my decorating scheme. Toss a few dark grey pillows here and change the lamp shades to black.

However, after viewing these lovely images, which reaffirms my love of all things pink….those dark pillows will be placed on hold.

So what are your thoughts on pink for the home, love it or leave it?

Photos courtesy of  Tobi Fairley  and House Beautiful Magazine

Now is a Good Time to Sell

 

In DC and surrounding suburbs, the competition to buy remains relatively high due to the low inventory of homes on the market. This shortage of quality homes is creating problems for would be home buyers who are pushing home prices up due to this lack of inventory.

These higher home prices are finally generating equity for many homeowners after years of a dismal market.  With competition high and an increase in prices, many homeowners are finally able to sell their homes without bringing money to the settlement table.

With low supply, steady demand and low interest rate, now is a great time to consider selling.

If you are thinking of selling or just want to know market conditions in your area, please email or give us a call.

 

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