Why wait for a tax refund?

As my buyers go through the lending process and determine what they are comfortable paying for their monthly mortgage payment one overlooked aspect in this process is their tax refund.  When determining the monthly mortgage payment comfort level a common concern pertains to whether or not they will they be able to enjoy their current “lifestyle”

Its ok to say “Yes, you can”…

What does everyone say when they walk into a store and the sales clerk comes over and says “May I help you?”  The classic response, “No thanks, I’m just looking.” And the sales clerk walks away saying “Well just let me know if you need anything I’ll be over here.” Interestingly enough, the same thing

Are your prepared?

I have a simple philosophy for my clients. I want you to be prepared to buy every time we go look at homes.  That is not to say that you will buy a home, just that you have all of your ducks in a row so that if you see the home of your dreams,

Just be a Realtor

I was talking to a friend of mine the other day about their friends that recently withdrew their home off the market after lingering for 6 months.  I was curious about what had occurred because homes in this area sell pretty briskly and it is unusual for homes to linger, unless of course, they do

Pictures are worth a 1000 words

I can never understand when I see listings on the MLS where there are no pictures or the pictures that have been posted are of poor quality. If first impressions are everything it really pays to invest in a good digital camera or in the services of a photographer that knows how to take great pictures. 

There is no need for greed.

True Story – I received a call this morning from a listing agent whose client did not accept my client’s cash offer on a home several weeks back. My client’s offer was less than the other offer. However, my client had also chosen not to do a home inspection, provided proof funds for the entire amount, and was flexible on the settlement date. 

You snooze you lose…

I, like many Realtors, have seen home buying activity tick up quite significantly since January 2012. Within the last month alone four of my buyer clients have experienced a phenomenon that we have not seen in several years.  Competitive bids, homes going under contract before we even get the opportunity to see them, or homes going under contract

What’s behind door number 2…

For those of you that are familiar with the game show “Let’s Make a Deal’ you know what can happen when a contestant is tempted to exchange their current prize with the opportunity to possibly have a better prize behind door number two.  All too often that prize ends up being a dud and they wished

I know that you want to buy a home, but…

Please consider the total cost of ownership.  This was the exact conversation that I had with one of my first time home buyer clients this morning.  She really, really, really wants to buy her first home.  And I love her excitement.  However, this excitement should overtake the practical side of buying a home. When making a decision

32nd Street Farmer’s Market

32nd Street Farmer’s Market Just got back from the 32nd Street Farmer’s Market in Waverly.  What a great place to get fresh fruits and vegetables, meats, breads and pastries.  All Local, many products are organic.  You can also get a bite to eat while you are there – Max’s Empanadas, Black Sauce Kitchen, etc.  My

3207 Janice Ave Baltimore, MD 21227

  Meticulously remodeled 3 bdr, 2.5 ba home w/ hardwood floors, wood burning fireplace, gourmet eat-in kitchen w/ granite counter tops, stainless appliances,back splash & 42 inch cabinets. Ceramic tile in bathrooms. Concrete patio & large fenced yard are accessed from kitchen. Home has central air & is located on quiet no-through street. 1 car

Are You a Reluctant Landlord?

Ok, you bought a home, and now you want or need to move, but are unwilling to take a loss on any real or paper profits.  As such, you now have decided to become a landlord. And while this is a viable option, you definitely want to make certain that you are aware of the legal

Those Who Have the Gold Rule

When I often speak with buyers the first thing they tell me is that they are qualified to buy a home at “such and such price”. Upon further qualification, it often becomes evident that they have based this price range on what they think they can afford because of their income or mortgage calculators. While

Should I Buy a Home Now?

I’m often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that

Pop Tarts Are For Breakfast

I love the fact that today’s buyers have so many resources at their fingertips to look for homes.  Instant access to a home’s information via the Internet or even by simply driving by, via a QR code or a text can save a home buyer a lot of time. However, access to this information can also cause

What is going on with prices?…

One of my buyer clients recently asked me this question out of frustration.  And when I opened the Baltimore Sun this morning an article appeared that appropriately described the current situation (which I had already relayed to her, but nonetheless added credibility to my observations).  Basically, with lower housing inventory, low interest rates, and high

I know that you want to buy a home, but…

Please consider the total cost of ownership.  This was the exact conversation that I had with one of my first time home buyer clients this morning.  She really, really, really wants to buy her first home.  And I love her excitement.  However, this excitement should overtake the practical side of buying a home. When making a decision

Confidence is key…

Confidence is key when buying a home.  I don’t want to sound like a broken record, but confidence is key, regardless of whether it is a buyer’s or seller’s market.  And to be confident in your decision making process you need to understand the home buying and lending process.  This is a big decision and

Do you really want to buy a home?

Home ownership is not for everyone.  I am currently working with a buyer who wants to make certain that she can still maintain her “single lifestyle” spending habits and own a “nice” home. She currently pays below market rent and has a nice income and this has allowed her to have a good amount of

Is Cash Really King?

Is cash really king? Not necessarily.  When evaluating offers a seller is going to look at the total package – What is the bottom line you are going to net from the sale?, What is the likelihood that financing will fall through?, What inspections is the buyer asking for, Is the offer contingent on the

Open Houses Happen Every Day

If your home is listed on your local Multiple Listing Service (MLS) or another website you ARE having an open house each and every day.  I know that many sellers are concerned about having an open house the first week/weekend that the home hits the market.  But let’s face it – open houses are local

To Sell or rent…

I have had two separate discussions with two separate clients in one day about this. So it’s worth writing about. Work is requiring that they relocate and they are considering selling or renting their home. While this decision may seem simple it is not. A variety of factors have to be considered – including financial

Why isn’t my home selling?

That is a good question and one that many sellers have asked their agent at one time or another (If you have not then congratulations). It could be price, it could be condition, it could be location, or all of the above. When agents price homes they review market activity pertaining to homes that are