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

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.

Washington Workers Are Happy

Is your job stressing you out?  So much so, that you dread going into work each morning?  Well, you might want to think of taking a job and relocating to the Washington Metropolitan area.  According to a recent Washington Post poll, of 1,152 adult residents in the Washington metro area, an overwhelmingly 87% said they were completely or somewhat satisfied with their job.  And 88% said they were either “very  happy” or “pretty happy” when asked to rate their happiness.

Quite the opposite of the stereotypical around-the-clock workers drone, that Washingtonians are depicted as.

Check out the full article here.

If you’re thinking of relocating to the Washington metropolitan area, contact us today to find out how we can help you.

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

Surviving Sandy :: Tips For Protecting Your Home Against Hurricane Damages

As you all may know, Governors, Bob McDonnell (R-VA) and Martin O’Malley (D-MD) has declared a State of Emergency for all of Maryland and Virginia counties, as Tropical Storm Sandy approach the states.

In the event that the hurricane does hit, this is a reminder to residents of Maryland, DC and Virginia to be ready for the storm, by following these tips from the American Red Cross:

PREPARE YOUR HOME

Wash out all your rain gutters and exterior drains to avoid water backups. Water in gutters may not just spill over onto the ground — it could back up and cause water to seep into a home’s walls.

Bring in outdoor objects such as lawn furniture, hanging plants, bicycles, toys and garden tools, and secure objects that cannot be brought inside, the Red Cross says.

Put plywood over your home’s windows if high winds are predicted in your area.

Install a battery backup system for your water pump to guard against flooding and interior damage.

If the power goes off, unplug appliances like refrigerators and freezers and sensitive electronic equipment like TVs and computers so that they won’t overload when power is restored.

In order to safeguard your home’s value, you should make sure that you have homeowners insurance, flood insurance, and, in some cases, wind insurance.

KEEP SUPPLIES ON HAND

Water: One gallon per person, per day.

Food: Non-perishable, easy-to-prepare items such as tuna fish, peanut butter, crackers and canned fruit. Make sure to include a manual can opener.

A battery powered or hand-crank radio, flashlights and plenty of extra batteries.

A first aid kit.

Medication: A seven-day supply of prescription and non-prescription medications. Include medical supplies like extra hearing aid batteries, syringes, etc.

PHONE NUMBERS AND WEBSITES

Visit the Maryland’s hurricane preparedness website.

Visit D.C.’s hurricane preparedness website.

– For power outages, call Pepco’s 24-Hour Outage Report Line at 1 (877) 737-2662. For downed wires, call Pepco immediately at (202) 872-3432. To have trees or debris removed, call the Mayor’s Citywide Call Center at 311.

Visit Virginia’s hurricane preparedness website.

 

PHONE APPS TO GET READY

Weather trackers now include video updates, animated radar maps and detailed conditions and forecasts as well as GPS to alert users if they are in an area under a weather watch or warning.

Android and iPhone

• The iHurricane HD (free)
• The Weather Channel app (free)
• My Radar Weather (free)
• NOAA Hi-Def Radar ($0.99)
• iMap Weather Radio ($9.99)

Disaster readiness applications provide how-to guides for stocking your shelves, gathering supplies and creating a customized escape plan depending on the situation. Topics include how to recharge your phone when there is no electricity to how to purify water. The application also provides offline access to resources in the event internet access is unavailable.

Android

• Disaster Readiness ($0.99)
• Disaster Survival Guide ($1.36)
• Are you Ready? (free)

iPhone

• Emergency Supply List ($0.99)
• Disaster Readiness ($1.99)
• iEmergency ($0.99)

First Aid Applications detail how to prevent and cope with hundreds of injuries with tips on how to treat burns or diagnose chest pain. Some applications wisely use your phone’s GPS tracking device to point you toward the nearest hospitals.

Android

• First Aid (free)
• Pocket First Aid and CPR ($2.99)

Turn your camera phone into a flashlight.

Android

• Droidlight LED flashlight (free)

iPhone

• Flashlight for iPhone (free)
• Emergency Light with Siren Alarm (free)

Emergency services. Even the most savvy smartphone user needs easy access to police, fire and ambulance services.

iPhone

• Emergency Radio enables you to listen to live emergency and police radio feeds to stay connected to the happenings in your area.

• Red Cross Shelter View (free on iTunes) locates shelters across the United States along with whether the facilities have hit capacity. The application uses data from the American Red Cross National Shelter System which contains a database of more than 60,000 potential disaster shelters.

Android

• 9-1-1ELERTS (free) connects the mobile phone user to 9-1-1 services while simultaneously notifying up to 10 friends and family of their perilous situation and whereabouts.

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