Went out with a client of mine to look at potential investment property. We were informed of the mold. Well, we were in for a surprise. We elected not to venture into the house fully. We just stayed on part of the main floor. Take a look and see for yourself. Make sure to protect… Continue Reading
The definition of a first time home buyer can vary from state to state. In the state of Maryland and the district of Columbia, a first time home buyer is a person who hasn’t own a property for the past 3 years prior to purchasing another property. Purchasing a property in a targeted area qualifies… Continue Reading
The Chenoa fund is administered by the CBC mortgage agency. It is designed to facilitate home-ownership by providing down payment assistance to qualified buyers. The assistance can be used for FHA and conventional loans as well. FHA Loans Chenoa Fund DPA Edge: Soft Second product: The borrowers need to have a score of 620 at… Continue Reading
While looking to purchase the perfect house, we are confronted with different type of architectural styles. In fact, it can become besetting to properly differentiate and understand each type. Below, you will be provided with a brief description of various architectural styles. Cape Cod This style of architecture started in the Mid 20th century. a… Continue Reading
A short sale is a transaction in which the Seller is selling a property at a price lower than the amount he/she owes the bank. The bank is the ultimate decision maker. In fact, given that the bank will be faced with a lost, it will decide if the price is adequate or not. Prior… Continue Reading
A French drain is a trench covered with gravel or rock containing a perforated pipe that steers water away from an area. A French drain can be installed indoor or outdoor. The purpose of a French drain is to capture water and transport it away from the property. By doing so, water infiltration in the… Continue Reading
