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Germantown, MD Real Estate News

By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Fountain Hill Subdivision in Germantown Maryland FOUNTAIN HILLS SUBDIVISION in GERMANTOWN * MARYLAND For all the information you need on living in Germantown and probably one of the most prestigious subdivisions for the whole State of Maryland FOUNTAIN HILLS, Germantown MD Herboso & Associates with a driven focus on customer service and an unmatched desire to best understand your needs we will always be available to answer any question you may have on the home buying or home selling experience here in Fountain Hills in Germantown Maryland. To Search for all active listings IN GERMANTOWN, MD GO HERE This friendly neighborhood called Fountain Hills located in the heart of Germantown Maryland combine the charm of old times with modern living, making it a great place to raise a family . Th...
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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 )
                Homes For Sale in Germantown MD All Listings Including All Foreclosures Germantown MD Relocation - GERMANTOWN in Montgomery  County MD Relocation   Germantown Maryland   Germantown Maryland has approximated 60,000 residents and is located in the heart of the state of Maryland in Montgomery County. This primarily residential community has experienced a robust and significant growth due to its proximity to Washington DC The city boasts one of the best prices in real estate in Montgomery County less than 40 minute drive to downtown DC. As soon as you arrive home . .(if you choose Germantown as your residence) , you will feel the welcome of its residents, it offers modern convenience with plenty of restaurants, village style shops and a Town Centerthat is the envy for all th...
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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 )
How To Use a Realtor To Help You FIND Foreclosure "DEALS" in Maryland, DC and VA! Working  with a real estate agent. Real estate agents often know about local properties that are nearing foreclosure because they network with other agents and are familiar with the local market, some Realtors frequently are working directly with banks and other lenders developing relationships that could ultimately benefit you.  My name is Fernando Herboso , an agent with Choice Real Estate in Rockville ,MD. While online listings often include properties that are already under contract with new owners, All real estate agents can help buyers find deals before it's too late. The caveat here is for you to find an agent that has the experience and know how to find them before others. .You  should attempt in ...
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
Pending Home Sales Index After holding fairly stable for a year, pending home sales declined in the face of job losses and an eroding economy, according to the latest survey. Lawrence Yun, NAR chief economist, said a weakening was inevitable. "Mounting job losses and very weak consumer confidence deterred home buyers from signing contracts in November," he said. "December's housing market activity could be comparably lower due to ongoing problems in the economy, so a real estate-focused stimulus plan is urgently needed."  Existing-Home Sales Existing-home sales declined 8.6% in November to a seasonally adjusted annualized rate of 4.49 million units. The median sales price for an existing home also declined - to $181,300, 13.2 percent below the price posted in November of 2007.  Housing ...
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
Pending Home Sales Index After holding fairly stable for a year, pending home sales declined in the face of job losses and an eroding economy, according to the latest survey. Lawrence Yun, NAR chief economist, said a weakening was inevitable. "Mounting job losses and very weak consumer confidence deterred home buyers from signing contracts in November," he said. "December's housing market activity could be comparably lower due to ongoing problems in the economy, so a real estate-focused stimulus plan is urgently needed."  Existing-Home Sales Existing-home sales declined 8.6% in November to a seasonally adjusted annualized rate of 4.49 million units. The median sales price for an existing home also declined - to $181,300, 13.2 percent below the price posted in November of 2007.  Housing ...
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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 )
< template If your house won't sell. . here is another tip from a seasoned Realtor! This is a continuation from a prior post to help you sell your home fast. . There aren't many feelings worse than when your house won't sell . . as the days, weeks ,months and maybe years pass  of trying. . No matter how long you've been waiting for your luck to change, you can still get your house sold very quickly if you implement a few simple sales techniques I learned selling homes for years. House Staging, You Have To Impress Your Buyers. . ..nothing complicated here. .  This is an old trick, most Realtors learned very quickly that a disorganized home will sell last.. .You have to try this and ask your Realtor to help you stage your home. The basic idea is to ge  a few   posh-looking items if you do...
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By Audrey June-Forshey, GRI, Gaithersburg, MD
(RE/MAX Realty Services)
Montgomery County Maryland is a very consumer oriented county.  As a home buyer you will have so much information disclosed to you prior to the purchase of your home.  Everything from reviewing county Master Plans, to any inspections you may want on a property.  A relatively new law is that the first year's property taxes must be prominently displayed on any advertisement of a property. This information that I am posting here is  a new legislative update from The Greater Capital Area Association of Realtors in regard to Development Districts, specifically Germantown and Kingsview Village and Clarksburg.  I will be looking into this for specific details and posting on the information as I get it. Legislative UpdateThursday, January 22, 2009   New Development District Disclosure Law in Mo...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
4 BEDROOM ,  2 1/2 BATH , 11 YEAR OLD BRICK FRONT COLONIAL List Price   $454,900 4bd 2.5 ba w/ 2-car Gar. Features Eat-In Kit w/ Island, FR off Kit w/ FP, Sep DR, 2-story Foyer, lrg MBD w/ his& hers walk-ins & FMBA w/ Soak Tub. Full Unfin. Bsmt. Bank owned property being sold "as is." Responds Quickly to Offers. Seller="Owner of Record" listing courtesy of Long and Foster Real Estate rick.boothe@longandfoster.com               301-793-6796
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
Mortgage Rates Continue to Fall The new year brought new lows for long-term mortgage rates, which continued to drop for the week ended Jan. 8, 2009. According to the Freddie Mac Primary Mortgage Market Survey, this was the tenth consecutive week of mortgage rate declines. In addition, the 30-year fixed-rate mortgage reached a benchmark low for the Freddie Mac survey which has been tracking interest rates since 1971. The steep drop in rates was a result of a program initiated by the Federal Reserve to purchase mortgage bonds. It is expected that additional efforts will be made by the government to further lower interest rates as a way to stabilize the housing market by facilitating refinancing and enticing homebuyers into the marketplace.   Help your clients take advantage of these histo...
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20841 Boyds, MD From: 12/01/2008 to 12/31/2008                Statistics generated on: 01/07/2009 Residential Unit Sales Number of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4   or More   Condo Coop Ground Rent Residential    Condo Coop Ground Rent of Units Sold (No. of Units) Under $100,000 0 0 0 0 0 0 0 0 1 -30 Days 1 $100,000 - 149,999 0 0 0 0 0 0 0 0 31-60 Days 0 $150,000 - 199,999 0 0 0 0 0 0 0 0 61 - 90 Days 0 $200,000 - 249,999 0 0 0 0 0 2 0 0 91-120 Days 0 $250,000 - 299,999 0 0 0 0 0 0 0 0 Over 120 Days 1 $300,000 - 349,999 0 0 0 0 0 4 0 0 Total 2 $350,000 - 399,999 0 1 0 0 0 3 0 0 $400,000 - 449,999 0 0 0 0 0 2 0 0 Type of Financing of Units Sold (No. of Units) $450,000 - 499,999 0 0 0 0 0 5 0 0 $50...
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
  ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20874 Germantown, MD From: 12/01/2008 to 12/31/2008                Statistics generated on: 01/07/2009 Residential Unit Sales Number of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4   or More   Condo Coop Ground Rent Residential    Condo Coop Ground Rent of Units Sold (No. of Units) Under $100,000 0 0 0 0 0 1 0 0 1 -30 Days 11 $100,000 - 149,999 0 2 0 1 0 6 9 0 31-60 Days 7 $150,000 - 199,999 0 6 1 2 0 55 30 0 61 - 90 Days 8 $200,000 - 249,999 2 9 2 1 0 65 30 0 91-120 Days 5 $250,000 - 299,999 0 4 0 2 0 51 8 0 Over 120 Days 24 $300,000 - 349,999 0 7 3 1 0 46 5 0 Total 55 $350,000 - 399,999 0 3 0 0 0 30 2 0 $400,000 - 449,999 0 1 2 0 0 7 0 0 Type of Financing of Units Sold (No. of Units) $450,000 - 499,999 0 ...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
I represent Buyer clients as their exclusive agent. We are in the midst of an unprecedented buyers market. Banks are burdened with large inventories of homes that must be sold. Contact me to help you take advantage of these opportunities. rick.boothe@longandfoster.com    301-793-6796  14001 Steed Court , Germantown, MD 20874                     List Price $550,000 BEAUTIFUL HOME IN KINGSVIEW VILLAGE. 5 BDRM & 3.5BTH WITH SITTING AREA IN MASTERBDRM. PERFECT LOCATION AT END OF CUL-DE-SAC. VERY OPEN WITH LOTS OF LIGHT. HUGE DECK AND NICE YARD. FULL OF UPGRADES, CROWN MOLDING, GOURMET KITCHEN AND TONS OF SPACE. HUGE MASTER BEDROOM W/ CATHEDRAL CEILINGS. listing courtesy of Keller Williams Team Realty    13420 CLOVERDALE PL, GERMANTOWN, MD 20874 List Price: $349,000 MUCH LARGER THAN IT APPE...
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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 )
REO properties How To Buy Them. . in Maryland DC and Virginia!! Buying REO properties from larger lenders that have separate departments or specialists that deal only with their bank foreclosures.. .could give you the advantage you need to get a bargain reo property out there. That’s right, most major lenders have so many bank foreclosures that they have special departments or experts to handle them. This can allow you to deal directly with the person in charge therefore making it easier for your Realtor to ratify a low ball offer. Some major banks even give all their bank foreclosures to asset managers that have a range already to accept or reject an offer inmediately. DOM (days on the market) is a good indication where are they in range to accept a low ball offer. Condition: Another ...
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
 Germantown Market ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20874 Germantown, MD From: 12/01/2008 to 12/31/2008                Statistics generated on: 01/07/2009 Residential Unit Sales Number of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4   or More   Condo Coop Ground Rent Residential    Condo Coop Ground Rent of Units Sold (No. of Units) Under $100,000 0 0 0 0 0 1 0 0 1 -30 Days 11 $100,000 - 149,999 0 2 0 1 0 6 9 0 31-60 Days 7 $150,000 - 199,999 0 6 1 2 0 55 30 0 61 - 90 Days 8 $200,000 - 249,999 2 9 2 1 0 65 30 0 91-120 Days 5 $250,000 - 299,999 0 4 0 2 0 51 8 0 Over 120 Days 24 $300,000 - 349,999 0 7 3 1 0 46 5 0 Total 55 $350,000 - 399,999 0 3 0 0 0 30 2 0 $400,000 - 449,999 0 1 2 0 0 7 0 0 Type of Financing of Units Sold (No. of Units) $450...
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The below properties are this week's top rated properties in Germantown:Location: Hickory Tree - GermantownStatus: Active - ForeclosurePriced: $115,900 (2 Bedroom, 2 Bathroom)Built in 1982Value: 10 (Awesome Investment Rental Property - rent for around $1200 a month)Condition: 5 (Needs Paint, complete flooring and new bathroom sink)Location: 7 (Great location - convenient)Motivation: 7 (Bank Foreclosure)Investor Rating: 19.5Total Rated Score: 29 (Will sell within a week)Location: Swiss Circle - Farmingdale - GermantownStatus: Active - Trustee SalePriced: $189,000Built in 1983Value: 8 (2 Level, 2 master bedroom suites)Condition: 9 (Almost completely renovated - fresh paint, new flooring throughout, stainless steel appliances)Location: 7Motivation: 8 (Trustee willing to help with buyer's c...
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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 )
Rentals in Maryland Fernando, I need a home with 4 bedrooms  and my credit is so-so. . can you help me?   Ms Renter Client:   Please click here for an assorted list of homes available with 4 bedrooms, garage and basement in the areas of your choice. Upon finding 10 properties that may interests you, I will negotiate with the landlords on your behalf to get you accepted.   Please understand that a bad credit can be offset with the following. Possible double the amount of the deposit required. .you will get this $$$ back when you move out In Maryland a landlord may take up to twice the amount of the monthly rent as deposit. . I will also need from you . . 12 months of rental history from your present landlord. (signed with a contact number)   If you have a foreclosure, a letter from you ...
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