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Condos For Sale Bethesda MD 20814




Here’s what’s happening in your neighborhood. The Sugarloaf Crafts Festival in Gaithersburg
November 20, 21, 22, 2009
Montgomery Co. Fairgrounds
GAITHERSBURG, MARYLAND
Fri. & Sat. 10-6, Sun. 10-5 • Under 12 & Parking FREE • Open Rain or Shine
Lovers of fine crafts and art will find more than 350 top artisans displaying and selling their unique creations in pottery, sculpture, glass, jewelry, fashion, home décor, furniture and home accessories, items for the garden, and photography. In addition to top national artists, the Festival will also introduce new and emerging artists showcasing the latest trends in handmade fashion and accessories, statement jewelry and fine art.
The Sugarloaf Crafts Festival in Gaithersburg
Tigre also has a brand new list JUST PREPARED of PRE-FORECLOSURES for this neighborhood. Total Number Of SOLD FOR JULY : 7
Total Number Of SOLD FOR JUNE: 9
Total Number Of SOLD THIS YEAR SO FAR : 53
Selling Your Condo in Bethesda?
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Montgomery County residents, have been thinking about making a move but decided against it because you thought you couldn't sell you current home? Did you want to use the home buyer's tax credit, but waivered about buying because you thought it was too late to get the process going? Or did you not qualify because your income was too high? Or maybe because you owned a home, now or in
the last three years, you didn't qualify?
Good news! The tax credit has now been extended and expanded in a way that will help sellers, help first time buyers, and help repeat buyers too. Let's look at the terms:
This credit, predicted to help stabilize housing throughout the country, can offer an added incentive to rethink your home buying or selling plans. Up to this point, buyers have been grabbing starter homes that tend to be lower priced. With this credit, there should put more homes on the market for you to consider as sellers move up.
If you want to move up to a bigger, better, or different home, the credit will provide an incentive to do it PLUS offer some assurance that when you list your home for sale, you will get a buyer more quickly. Currently, homes in Montgomery County require an average of 86 days to sell, down from 97 days in the period from April through June. (Historically, the best average number of days on the market (DOM) in the area is 76 days.) The average selling price in the county is $395,463. This is down 9.9% from last year. If you sell, you might have to tweak your desired price to be in line with neighborhood values but when you buy yourself, you will also benefit from this trend and be able to buy more house for less money yourself.
Courtney Donato-Griffiths can show you the perfect house in Potomac, Gaithersburg, Rockville, Kensington, Bethesda, or other Montgomery County locations and is ready to discuss all the scenarios of the new credit with you. Whether you are buying a Montgomery County home or selling one, Courtney your local Montgomery County specialist
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BETHESDA HOMES FOR SALE - MONTGOMERY COUNTY, MARYLAND
Home owners and prospective home owners are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale.
The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers.
The first report shows the 270 active listings excluding the lender owned (REO) homes and the short sale listings. Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-94888924-136
The second report shows the 15 short sale listings that are available. Short sales are transactions where the proceeds of the sale will not cover the outstanding mortgages. These are sometimes called pre-foreclosures. Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-94889167-213
The third report shows the 5 lender owned foreclosures (REO) properties that are for sale. The lender owned properties are vacant and prices are reduced until they are sold by the highly motivated sellers. Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-94888953-106
Do you qualify for the new tax credit? The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program: http://www.federalhousingtaxcredit.com/glance.php
Please contact us with your questions. We always appreciate your referrals.
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After a detailed search of homes in Bethesda and Chevy Chase, my clients found a townhouse that they liked enough to make an offer on. After a lot of back and forth, they agreed to pay top dollar for the property, subject to a house inspection.
My clients had not really planned on moving. Indeed, they had just paid $8000 for new hardwood floors upstairs in their current home, but suddenly, they had found this new townhouse, and they had decided to make the offer.
When we did the inspection, we discovered that the air conditioner was not 2 years old as the seller had promised, but actually was 11 years old. The hot water heater was electric, not gas, as the Multiple Listing printout said. (The seller had said it was electric in the seller disclosure, but the listing agent didn't pay any attention to that when inputting the listing into the MLS.)
The marble floor in the foyer wasn't marble; it is ceramic tile, despite what the listing agent had said in the multiple listing service printout. My buyers weren't too disturbed about that since they could see with their own eyes that it wasn't marble. Thedisturbing issue discovered at the house inspection, however, was that the MLS prepared by the listing agent clearly states that there is hardwood under the carpet in 3 bedrooms, and a wood floor in the family room downstairs (although it is obviously carpet.)
Given that the buyer paid top dollar for this property, in part because it had a new air conditioner and hardwood floors, the buyer is a little upset. The seller is willing to give a credit for repairs, although not enough for a two year old air conditioner, and nothing for new hardwood floors. The seller's explanation is that the information contained in the multiple listing service is deemed reliable but not guaranteed, and they are SORRY about the confusion.
While I understand that, I am a bit confused about the effect of the buyer's reliance on representations in the multiple listing service by the listing agent as to the nature of the property being sold. This was the only place that the buyer could get information about the house on which to base his decisions on the value of the house. The buyer did not feel comfortable pulling up the carpet which was securely glued down before negotiating for the purchase of the property since the elderly owner was still living there with all her furniture.
Now it seems that the options are (1) suck it up and buy the house that now appears to be really overpriced or (2) walk away from the house that they really want.
I remember learning as a young agent to NEVER EVER NEVER promise hardwood floors if you didn't absolutely know that there was hardwood there. I remember the story of the agent who promised that there was hardwood in the dining room, but it turned out the hardwood was just around the perimeter of the dining room rug, but under the rug was plywood. The story was that the mistaken agent gave the new buyers hardwood floors in the dining room as a house warming gift.
Similarly in the DC metro area, we never promise square footage, so that we don't have to give that extra 10 or 100 square feet of living space as a house warming gift.
So, is that all mistaken? Can I promise anything with impunity and let the buyer hold the bag? Is it caveat emptor still? So I can promise the buyer an elevator in a house, a two car garage, an acre of land, gas fireplace, seaside view - all in a studio apartment in South Dakota?
Can someone explain the rules of the game to me so I can explain them to my buyer? Because I thought an agent had to exercise due diligence to ascertain the correctness of what is said about the property being sold.
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Best Agent Business Can Manage Your Twitter Account-Freeing You To Build Twitter Relationships
Twitter is an intriguing concept, but one that takes some time to absorb. As a busy Realtor®, your concern is how do you maximize the benefits while expending the least amount of time? It's true - there is often a learning curve with anything worthwhile. You don't want that learning curve to be a slippery slope to wasted time! The fact is, many real estate agents have learned to use Twitter successfully and have even generated some sales from the relationships they have built.
Did you know a virtual assistant can help you maximize those relationships and benefits? The best thing about allowing a virtual assistant to help with your Twitter activities is the time you are freeing up. Best Agent Business can help you a little or a lot. We can set up your Twitter account and services for you, and then pass it off to you to run with. Or we can set them up and then provide you with good steady content relevant to your target "tweeple" via a service such as SocialOomph, formerly known as TweetLater. If it's already set up, but under-used...well we can help you develop the best plan to get it back on track.
By providing you with steady content, we will help increase your following and free up at least an hour of your time each week. We can provide this service as a compliment to your own personal tweets. The content we provide for your Twitter stream is up-to-date local information relevant to the housing market and national mortgage or real estate news. We can also tweet links to your new blog posts, recycle older blog posts, and link to other local blogs that you might suggest.
Our Twitter management services can also include finding people for you to follow, after all those you follow are more likely to follow you back. We can spend 15 minutes a week searching for local tweets that would indicate an interest in real estate and "follow" them. We can weed through the new follows, direct messages, and retweets, finding those that are relevant and taking good action on them. If you would like to respond directly, we can alert you to any that you may have missed.
Twitter is easy for you to use because you update it from your phone or computer, whichever you prefer, or both. If you show a house, you can send a short text message from your phone to your twitter account saying something like "Just showed the house at 123 Maple Ave...I think they liked it!" This goes beyond that simple "what are you doing" and lets your followers know that you are busy, you are actively selling houses, and they can trust you to do a stellar job when they are wanting someone to help them buy or a sell a home.
Don't forget the personal things. Taking your dog to a dog park? Tweet it. Did you just see a great movie?
Tweet that too! Your followers don't want to see that you are just a Realtor...they want to work with a human being...someone just like them.
While a virtual assistant cannot add the personal touch to your twitter account, we can certainly supplement it. Wondering what we can develop for YOU? Want more new ideas to make your business run more efficiently? Take 30 minutes today to schedule a call with Steve Kantor to see how a part time virtual assist can transform your business. Interested in a part time career with us? Visit our website for more information.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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