Presented below is one of the ways our 80/10/10 loan program can save your buyers money over a loan with mortgage insurance: $450,000 Property Option 1: 90% First Loan 5.25%, Monthly Mortgage Insurance %0.62, 10% Down paymentFirst Loan P/I: $2,236Mortgage Insurance: $209Total P/I Payment: $2,445 Disadvantages: Mortgage insurance companies require separate underwriting on-top of the standard bank underwriting. Therefore, loans may meet bank underwriting guidelines but may not meet MI underwriting guidelines. Separate underwriting delays loan processing and closing. Mortgage insurance is only tax deductible for households with income below $100,000 completely phasing out after incomes reach $109,000. Borrower may need to pay MI for approximately 9 years until the LTV is 78%. MI is costing... 04/06/2010

"King Farm Rockville in Montgomery County Maryland. . . .a new beginning"   Location! Location! Location! What makes  King Farm great for residents and visitors also makes it great for business. The near proximity of The Shady Grove Metro and  being home of many major businesses located in and around Montgomery County MD . .is a true  suburban community outside Washington DC , just less than twenty miles from the White House. It's convenient to transportation and the homes values are still affordable for many families that work in and around the city. The Shady Grove Metro is walking distance to this great community Featuring "King Farm. .  a new beginning ”       King Farm in Rockville  as described by it's official website  King Farm Rockville in Montgomery County Maryland King Farm ... 04/03/2010

With about 30 days remaining to be under contract in order to claim the tax credit it is still unclear whether the tax credit is going to be extended, or for that matter whether it should be extended... again. Some may argue that near the end of 2009 the huge surge in home buying was due to the urgency people felt to get in before the credit expired. While some may consider that there is a surge now, it isn’t clear if the tax credit is main the cause. Others may argue that the market is shaky to begin with, there is uncertainty in the economy, a potential for rates to increase, and taking away any incentive for people to buy can only hurt. In the home sales report released March 23 by the National Association of Realtors, Lawrence Yun, NAR chief economist, stated “Although sales have be... 03/31/2010

Foreclosures - Homes For Sale In Rockville, MD - Montgomery County Trustee Sales - Harvey West Auctioneers Harvey West, Auctioneers conducts trustee sales at the county court house entrance. Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not co... 03/29/2010

NEW CONSTRUCTION IN LUXMANOR: THE ENCLAVE AT HOLLYOAK IN ROCKVILLE, MD Chase Communities is building 5 new homes in the upper brackets in the popular Luxmanor neighborhood. The cluster of new homes is called The Enclave at Hollyoak (click to see street map). The project is located adjacent to the intersection of Tilden and Cushman Roads. Two of the lots can be accessed off of Tilden Lane and three of the lots will be accessed of Hollow Tree Lane and Quaker Ridge Road. Of the three lots available off Hollow Tree Lane and Quaker Ridge Road, two are under contract. Each lot is over 20,000 square feet. Luxmanor is an established Suburban Maryland neighborhood that was built approximately 70 years ago. Please review one of my recent blogs on Luxmanor to learn more about the area. In additio... 03/27/2010

LUXBERRY COURTS: GARAGE CONDOS IN CLOSE-IN ROCKVILLE, MD SUBDIVISION: Luxberry Courts known as "Luxberry" is an exclusive enclave of 108 contemporary patio condos with a garage in the Rockville, North Bethesda area. This is a one of a kind neighborhood located just outside the beltway but convenient to all area amenities including the new Rockville Town Square, Downtown Washington & Bethesda, I-495, I-270, Westfield Montgomery Mall, Tysons Corner Mall, Grocery Stores - Giant, Balducci's, Harris Teeter & Whole Foods, the Montgomery Aquatic Center and the Davis Library. COMMUNITY AMENITIES:   Residents can take advantage of the community pool, tennis courts and playground. There is also a popular walking path nearby. PROPERTY MANAGEMENT: Quantum Real Estate Management does a great job man... 03/25/2010

        Foreclosures in Rockville Maryland Foreclosures Investing – How You Can Find The Best Bargain Foreclosures in Rockville Maryland ! Finding A Great Deal In The Real Estate Market With Bank-owned Or Reo Properties requires for you to create an alliance with someone that know the ins and outs of the market you are interested. . . Home buyers are typically searching for an excellent deal on a home to live in. But an  investor is searching for the best deal that will give them The best CASH FLOW and the best ROI  Tip: Investing in foreclosed properties isn't for the faint of heart, I can assure you          but the good news is it can be a quite profitable business!          Make sure that you do your research and connect with a person that breathes          foreclosures everyday!   ... 03/23/2010

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With the Fed officially ending is Mortgage-backed Securities (MBS) purchase program at the end of this month there is a potential for rates to rise. The Fed has been purchasing MBS since January 2009. When completed, the Fed will have purchased $1.25 trillion to help provide support to the mortgage and housing markets. The goal was to keep interest rates low and stable, and also keep banks lending. The good news is that the purchases have been slowing down consistently since September of last year to ease the transition. Below is a chart of where interest rates have been since 1971.  (Source: Freddie Mac).  Rates are truly at all time lows! In the Fed's statement released on March 16th the Fed confirmed that the program will in-fact not be extended. However, they explained that the situ... 03/21/2010

FORECLOSURE LISTINGS FOR ROCKVILLE MARYLAND . . FREE LIST !   How to Get the Best Foreclosed Property in ROCKVILLE MD? . .INCLUDING CONDOS Owning a good quality property in any part of Maryland is a pride possession for any buyer. You do not have to pay a high price for owning your desirable property in ROCKVILLE.   Maryland bank foreclosures are one such source to get the best properties and homes.  Finding a good real estate property in ROCKVILLE  is a challenging task. It is particularly because of the competition of many buyers looking for the same bargains. .  HERBOSO.com is the edge you are looking for. .  To get the best possible property, one needs to be really conscious and has to search a lot to grab the potential deal.  There are many sites with foreclosure listings that can ... 03/18/2010

Rockville MD 20852 Real Estate     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 51 new listings and 32 went to pending new contracts. The sold dollar volume was up 77.73% from last year.  The number of homes sold was 31 from 21 last year. The average days on the market was 67 days from 123 days last year. The average sale price was 94.33% of the average list price. The median sold price was $357,000. The 131 active listings include 11 short sale properties and 3 lender owned foreclosures.   Take action now if you need to be under contract by April 30 to qualify for the tax credit. This is for first time home buyers or current owner... 03/17/2010

Rockville, MD Trustee Sales - Harvey West Auctioneers Harvey West, Auctioneers conducts trustee sales at the county court house entrance. Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, ... 03/15/2010

This is one of the many examples of why certain grant programs seem like a good thing for borrowers on the surface, but often come up to pose last minute problems for all parties involved.  With all of the changes going on, sometimes sticking with the basics to be as sure as possible there will be no surprises and your transaction will close on time is a core value.  Seen first on MortgageNewsDaily: This message is to notify you that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010. Once funding is exhausted, the Agency will not issue Conditional Commitments “subject to receipt of appropriated funds.”  This is because it is not certain when additional funding will be available.  Limited funding may become available ... 03/12/2010

Rockville MD 20850 Real Estate     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 37 new listings and 27 went to pending new contracts. The sold dollar volume was down 22.19% from last year.  The number of homes sold was 23 from 25 last year. The average days on the market was 70 days from 91 days last year. The average sale price was 93.28% of the average list price. The median sold price was $428,000. The 96 active listings include 9 short sale properties and 6 lender owned foreclosures.   Take action now if you need to be under contract by the end of April to qualify for the tax credit. This is for first time home buyers or curren... 03/11/2010

Roofs play a key role in protecting building occupants and interiors from outside weather conditions, primarily moisture. The roof, insulation and ventilation must all work together to keep the building free of moisture. Roofs also provide protection from the sun. In fact, if designed correctly, roof overhangs can protect the building's exterior walls from moisture and sun. The concerns regarding moisture, standing water, durability and appearance are different, reflected in the choices of roofing materials.   Maintaining Your Roof    Homeowner maintenance includes cleaning the leaves and debris from the roof's valleys and gutters. Debris in the valleys can cause water to wick under the shingles and cause damage to the interior of the roof. Clogged rain gutters can cause water to flow b... 03/10/2010

Rockville MD Trustee Sales - Harvey West Auctioneers Harvey West, Auctioneers conducts trustee sales at the county court house entrance. Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, b... 03/07/2010

Foreclosures in Rockville  Maryland No cost, no obligation or no pressure.All Foreclosed, Short Sale and Bank Owned Homes in Rockville  Maryland, All Foreclosed Homes Just Listed on the Real Estate Market for Rockville  Maryland  - FREE - FREE - FREE - FREE - FREE - FREE - NO CREDIT CARD NEEDEDInterested in purchasing bank owned property? Choose from thousands ofREO's available in Rockville Maryland in Montgomery County.Simply click on the picture and .We will notify you of all new Foreclosure, Bank owned Property, REO listings inClarksburg and the surrounding areas that meet your criteria, absolutely free!For your knowledge and information , there are three types of websites that can give you a LIST OF FORECLOSURES One requiring you to pay a membership fee. Other offers free trials an... 03/05/2010

MARKET REPORT FOR LUXMANOR, WINDERMERE & THE OAKS IN ROCKVILLE, MARYLAND As a fellow neighbor and real estate agent in LUXMANOR, WINDERMERE & THE OAKS , I love to follow the real estate market data every month! I took a look at the real estate activity over the past 90 days to compile this Market Report for LUXMANOR, WINDERMERE & THE OAKS. ACTIVE LISTINGS IN LUXMANOR, WINDERMERE & THE OAKS (4): There are four active listings currently on the market between $855,000 - $1,499,000. Three are in Luxmanor and one is in The Oaks. UNDER CONTRACT IN LUXMANOR, WINDERMERE & THE OAKS (5): There are five homes that went under contract in the last 90 days. These homes were last listed between $694,900 - $1,395,000. Three are located in Luxmanor and two are located in The Oaks. The average days on th... 03/05/2010

Real Estate Investors Coming Up Short In Rockville Rockville MD is a favorite location for rental properties because of the short commute to major employment centers in the Washington DC market area. Many investors focus on the price range below $200,000 simply because it is easier to make the numbers work in the lower price ranges. Currently, there is a shortage of active listings in that price range. There are 15 available homes if you exclude the short sale and REO listings. Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-103194224-246 There are 8 short sale listings available. Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-103194305-10 Only 2... 03/02/2010

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