About Prince Georges County, MD

5. Make an offer.

When searching for your dream home, you were just that - a dreamer. Now that you're writing an offer, you need to be a businessperson. You need to approach this process with a cool head and a realistic perspective o your market. The three basic components of an offer are price, terms, and contingencies (or "conditions" in Canada).

Price - the right price to offer must fairly reflect the true market value o fthe home you want to buy. Your agent's market research will guide this decision.

Terms - the other financial and timing factors that will be included in the offer.

Terms fall under six basic categories in a real estate offer:

1. Schedule - a schedule of events that has to happen before closing.
2. Conveyances - the items that stay with the house when the sellers leave.
3. Commission - the real estate commission or fee, for both the agent who works with the seller and the agents who works with the buyer.
4. Closing costs - it's standard for buyers to pay their closing costs, but if you want to roll the costs into the loan, you need to write that into the contract.
5. Home warranty - this covers repairs or replacement of appliances and major systems. You may ask the seller to pay for this.
6. Earnest money - this protects the sellers from the possibility of your unexpectedly pulling of the deal and makes a statement about the seriousness of your offer.

Should I Float? Should I Lock? - Daily Update for Friday, November 6, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

Good News for bonds (Bad News for the economy). Though the average work week rose slightly as did hourly earnings - Payrolls dropped more than expected and Unemployment rose to 10.2%. All this is giving a very positive uplift to bonds.

Look for rates this morning to be drop from where they closed Thursday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

LOCK your best mortgage rate.

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Thursday, November 5, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients.

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

The Fed left the Federal Funds Rate where it was with promises of leaving it where it is for the foreseeable future. Jobless Claims dipped slightly while Productivity rose more than expected.

Look for rates this morning to be rise some from where they closed Wednesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

LOCK your best mortgage rate. I

To learn why one should Float or Lock -

Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

PRINCE GEORGE'S COUNTY MD TRUSTEE SALES - THE FISHER LAW GROUP

The Fisher Law Group is advertising trustee sales in the county. Visit their website for details and the full auction schedule: http://www.first-legal.com/salelist/sales.html

Trustee sales are open to the public and all qualified bidders. These are auctions that are ordered by the secured lenders when borrowers default on their mortgage obligations. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date. The indicated deposits must be in the form of cash or certified funds. Most of the bidders obtain cashier's checks that are payable to themselves. 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, buyers should always have written pre-approval for financing with disclosure to the lender that the property is being purchased in 'as-is" condition. Generally, trustee sale properties are not offered for inspection.

The secured lenders are buying in most of the properties that are sold at the court house auctions. The lenders then offer the homes for sale to the public when they become part of the REO inventory. Contact us for client reports on lender owned homes that are available for purchase. We represent home buyers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. roykelley@mris.com

PRINCE GEORGE'S COUNTY MD TRUSTEE SALES - COHN, GOLDBERG, DEUTSCH

Maryland foreclosures are conducted at the county court houses when the secured mortgage lenders instruct the the trustees under the deeds of trust to conduct trustee sales due to the defaults by mortgage borrowers. Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.

Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date. 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, buyers should always have written pre-approval for financing with disclosure to the lender that the property is being purchased in 'as-is" condition.

The lenders are buying in most of the properties that are sold at the court house auctions. The lenders then offer the homes for sale to the public when they become part of the REO inventory. Contact us for client reports on lender owned homes that are available for purchase. We represent home buyers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. roykelley@mris.com

Visit their website for full details on the scheduled trustee sales: http://www.cgd-law.com/

421577	12822 Odens Bequest Drive Bowie, MD 20720	Prince George's County, MD	$100,000	11/10/2009	11:00 am
425938	4806 Woodford Lane Upper Marlboro, MD 20772	Prince George's County, MD	$29,500	11/10/2009	11:00 am
422733	3436 Estonia Drive Bowie, MD 20716	Prince George's County, MD	$34,500	11/10/2009	11:00 am
421913	13716 Engleman Drive Laurel, MD 20708	Prince George's County, MD	$41,000	11/10/2009	11:00 am
425793	2014 Whistling Duck Drive Upper Marlboro, MD 20773	Prince George's County, MD	$42,000	11/10/2009	11:00 am
427684	3417 Regency Parkway District Heights, MD 20747	Prince George's County, MD	$24,500	11/10/2009	11:00 am
426611	4702 Snowflower Boulevard Oxon Hill, MD 20745	Prince George's County, MD	$26,500	11/10/2009	11:00 am
417054	7517 Val Lane District Heights, MD 20747	Prince George's County, MD	$32,500	11/10/2009	11:00 am
422111	5005 70th Avenue Hyattsville, MD 20784	Prince George's County, MD	$38,000	11/10/2009	11:00 am
428196	5624 61st Place Riverdale, MD 20737	Prince George's County, MD	$13,500	11/10/2009	11:00 am	*
419075	1311 Eli Place Hyattsville, MD 20785	Prince George's County, MD	$24,500	11/10/2009	11:00 am
429037	7646 Allendale Circle Hyattsville, MD 20785	Prince George's County, MD	$18,500	11/10/2009	11:00 am
429060	5906 Taylor Road Riverdale, MD 20737	Prince George's County, MD	$25,500	11/10/2009	11:00 am
427986	10816 Sugar Maple Terrace Upper Marlboro, MD 20774	Prince George's County, MD	$27,500	11/10/2009	11:00 am
427879	2421 Ramblewood Drive District Heights, MD 20747	Prince George's County, MD	$34,000	11/10/2009	11:00 am
428134	6412 85th Avenue New Carrollton, MD 20784	Prince George's County, MD	$31,000	11/10/2009	11:00 am
428195	11400 Belvidere Road Bowie, MD 20721	Prince George's County, MD	$51,500	11/10/2009	11:00 am
428114	11119 Cherryvale Terrace Beltsville, MD 20705	Prince George's County, MD	$25,000	11/10/2009	11:00 am
422510	1009 Lindsay Road Oxon Hill, MD 20745	Prince George's County, MD	$23,500	11/10/2009	11:00 am
419395	13910 Burnished Wood Court Upper Marlboro, MD 20774	Prince George's County, MD	$77,000	11/10/2009	11:00 am
421552	9901 Breezy Knoll Court Lanham, MD 20706	Prince George's County, MD	$43,000	11/10/2009	11:00 am
420442	720 Rittenhouse Street Hyattsville, MD 20783	Prince George's County, MD	$29,500	11/10/2009	11:00 am
424055	17204 Summerwood Lane Accokeek, MD 20607	Prince George's County, MD	$51,000	11/10/2009	11:00 am
415466	5118 Glenn Dale Woods Court Glenn Dale, MD 20769	Prince George's County, MD	$39,000	11/10/2009	11:00 am
424002	6511 Greenfield Court Lanham, MD 20706	Prince George's County, MD	$35,000	11/10/2009	11:00 am
421453	2400 Foster Place Temple Hills, MD 20748	Prince George's County, MD	$30,500	11/10/2009	11:00 am
426755	4527 Banner Street Bladensburg, MD 20710	Prince George's County, MD	$28,000	11/10/2009	11:00 am
420645	11109 Glenn Brooke Court Glenn Dale, MD 20769	Prince George's County, MD	$42,000	11/10/2009	11:00 am	*
424118	9501 Brandywine Road Clinton, MD 20735	Prince George's County, MD	$16,000	11/10/2009	11:00 am	*
415770	1206 Eastwood Drive District Heights, MD 20747	Prince George's County, MD	$23,000	11/10/2009	11:00 am
421358	5309 Lubbock Road District Heights, MD 20747	Prince George's County, MD	$26,000	11/10/2009	11:00 am
427622	5401 15th Avenue Hyattsville, MD 20782	Prince George's County, MD	$40,500	11/10/2009	11:00 am
427588	2301 Afton Street Temple Hills, MD 20748	Prince George's County, MD	$32,000	11/10/2009	11:00 am
423773	6102 Otis Street Hyattsville, MD 20785	Prince George's County, MD	$25,000	11/10/2009	11:00 am
427019	9207 Pinehurst Drive Fort Washington, MD 20744	Prince George's County, MD	$31,000	11/10/2009	11:00 am
420908	3719 35th Street Mount Rainier, MD 20712	Prince George's County, MD		11/17/2009		Cancelled
427386	5408 Ludlow Drive Temple Hills, MD 20748	Prince George's County, MD		11/17/2009		Cancelled
425159	3809 Saint Barnabas Road, Unit# T4 Suitland, MD 20746	Prince George's County, MD		11/17/2009		Cancelled
427620	12323 Kemmerton Lane Bowie, MD 20715	Prince George's County, MD		11/17/2009		Cancelled
421055	5437 Spring Road Bladensburg, MD 20710	Prince George's County, MD	$26,000	11/17/2009	11:00 am
425552	5903 66th Avenue Riverdale, MD 20737	Prince George's County, MD	$24,700	11/17/2009	11:00 am
420004	1123 Bohac Lane Accokeek, MD 20607	Prince George's County, MD	$46,500	11/17/2009	11:00 am
424863	8230 Dyson Road Brandywine, MD 20613	Prince George's County, MD	$20,000	11/17/2009	11:00 am
428028	8425 New Hampshire Avenue Hyattsville, MD 20783	Prince George's County, MD	$30,500	11/17/2009	11:00 am
427742	4607 Cherry Hill Road College Park, MD 20740	Prince George's County, MD	$18,500	11/17/2009	11:00 am
425879	4401 Lyons Street Temple Hills, MD 20748	Prince George's County, MD	$24,000	11/17/2009	11:00 am
427690	4705 Tecumseh Street Unit #101 Berwyn Heights, MD 20740	Prince George's County, MD	$24,000	11/17/2009	11:00 am
426696	305 Branchview Court Fort Washington, MD 20744	Prince George's County, MD	$32,000	11/17/2009	11:00 am
422371	9515 Nottingham Drive Upper Marlboro, MD 20772	Prince George's County, MD	$39,500	11/17/2009	11:00 am
426632	6304 Willow Way Clinton, MD 20735	Prince George's County, MD	$28,500	11/17/2009	11:00 am
427432	1530 Dunwoody Avenue Oxon Hill, MD 20745	Prince George's County, MD	$29,500	11/17/2009	11:00 am
428184	7220 24th Place Hyattsville, MD 20783	Prince George's County, MD	$31,500	11/17/2009	11:00 am
427290	2810 Laurel Avenue Hyattsville, MD 20785	Prince George's County, MD	$18,000	11/17/2009	11:00 am
424208	8315 Oglethorpe Street New Carrollton, MD 20784	Prince George's County, MD	$33,000	11/17/2009	11:00 am
427105	9318 Lanham Severn Road Lanham, MD 20706	Prince George's County, MD	$24,500	11/17/2009	11:00 am
426192	5008 Chester Street Oxon Hill, MD 20745	Prince George's County, MD	$15,000	11/17/2009	11:00 am
425816	403 70th Place Capitol Heights, MD 20743	Prince George's County, MD	$25,500	11/17/2009	11:00 am
426853	9440 Victoria Drive Upper Marlboro, MD 20772	Prince George's County, MD	$36,500	11/17/2009	11:00 am
428232	917 Cedar Heights Drive Capitol Heights, MD 20743	Prince George's County, MD	$13,500	11/17/2009	11:00 am	*
425520	7707 Temple Hill Road Temple Hills, MD 20748	Prince George's County, MD	$41,500	11/17/2009	11:00 am
419942	1001 Merganser Court Upper Marlboro, MD 20774	Prince George's County, MD	$58,500	11/17/2009	11:00 am
428226	7917 Glenarden Parkway Glenarden, MD 20706	Prince George's County, MD	$18,000	11/17/2009	11:00 am
427031	913 Hill Road Landover, MD 20785	Prince George's County, MD	$29,500	11/17/2009	11:00 am
427393	4000 Quintana Street Hyattsville, MD 20782	Prince George's County, MD	$30,500	11/17/2009	11:00 am
425941	5902 Mustang Drive Riverdale, MD 20737	Prince George's County, MD	$33,000	11/17/2009	11:00 am
428306	6811 Fairwood Road Hyattsville, MD 20784	Prince George's County, MD	$29,000	11/17/2009	11:00 am
420919	4516 Governor Pratt Court Unit # 523 Upper Marlboro, MD 20772	Prince George's County, MD	$33,500	11/17/2009	11:00 am
428357	7703 Greenbrook Drive Greenbelt, MD 20770	Prince George's County, MD	$26,500	11/24/2009
422878	3203 Barcroft Drive Springdale, MD 20774	Prince George's County, MD	$40,000	11/24/2009
421869	6702 Larches Court Suitland, MD 20746	Prince George's County, MD	$25,000	11/24/2009
418368	2203 Tuemmler Avenue Hyattsville, MD 20785	Prince George's County, MD	$23,500	11/24/2009
427720	7759 Emerson Road Hyattsville, MD 20784	Prince George's County, MD	$18,500	11/24/2009
426346	2504 Wayne Place Hyattsville, MD 20785	Prince George's County, MD	$36,500	11/24/2009
424263	3206 Ryan Drive Suitland, MD 20746	Prince George's County, MD	$27,000	11/24/2009
423636	1703 Village Green Drive Hyattsville, MD 20785	Prince George's County, MD	$15,000	11/24/2009
422863	9017 Larkwood Avenue Fort Washington, MD 20744	Prince George's County, MD	$20,000	11/24/2009		*
416676	12113 Westlock Place Laurel, MD 20708	Prince George's County, MD	$68,000	11/24/2009
420114	527 Wilson Bridge Drive, Unit B2 Oxon Hill, MD 20745	Prince George's County, MD	$17,000	11/24/2009
429188	7228 Donnell Place Unit # D4 District Heights, MD 20747	Prince George's County, MD	$8,500	11/24/2009		*
420353	1830 Metzerott Road, Unit 206 Hyattsville, MD 20783	Prince George's County, MD	$14,000	11/24/2009
421369	4908 Lincoln Avenue Beltsville, MD 20705	Prince George's County, MD	$32,000	11/24/2009
428458	3134 Brinkley Road, Unit T2 Temple Hills, MD 20748	Prince George's County, MD	$13,500	11/24/2009
427104	15409 Gideon Gilpin Street Brandywine, MD 20613	Prince George's County, MD	$26,500	11/24/2009
428461	5615 Coolidge Street Capitol Heights, MD 20743	Prince George's County, MD	$20,000	11/24/2009
422832	4223 32nd Street Mount Rainier, MD 20712	Prince George's County, MD	$28,000	11/24/2009
427674	411 Dateleaf Avenue Capitol Heights, MD 20743	Prince George's County, MD	$18,500	11/24/2009		*
423171	12214 Open View Lane, Unit 607 Upper Marlboro, MD 20774	Prince George's County, MD	$32,500	11/24/2009
427319	1722 Taylor Avenue Fort Washington, MD 20744	Prince George's County, MD	$32,000	11/24/2009
427215	11305 Marlee Avenue Clinton, MD 20735	Prince George's County, MD	$29,000	11/24/2009
426327	305 Loureiro Lane Oxon Hill, MD 20745	Prince George's County, MD	$14,500	11/24/2009		*
427315	6819 Nashville Road Lanham, MD 20706	Prince George's County, MD	$32,500	11/24/2009
427998	7312 Goodland Drive Hyattsville, MD 20785	Prince George's County, MD	$25,000	11/24/2009
426732	118 Hedgewood Drive Greenbelt, MD 20770	Prince George's County, MD		11/24/2009		Cancelled
418628	6707 Keystone Manor Drive District Heights, MD 20747	Prince George's County, MD	$28,500	11/24/2009
426891	9609 Oxbridge Way Mitchellville/Bowie, MD 20721	Prince George's County, MD	$41,000	11/24/2009
422696	1906 Saratoga Drive Hyattsville, MD 20783	Prince George's County, MD	$41,000	11/24/2009
428350	11913 Blackwood Court Laurel, MD 20708	Prince George's County, MD	$26,500	11/24/2009
429638	6100 Blacksmith Drive District Heights, MD 20747	Prince George's County, MD	$30,500	11/24/2009
429850	1001 Chillum Road Unit 401 Hyattsville, MD 20782	Prince George's County, MD	$19,000	11/24/2009
427053	6119 Main Street Lanham, MD 20706	Prince George's County, MD	$23,000	11/24/2009
425546	12805 Portias Promise Drive Bowie, MD 20720	Prince George's County, MD	$80,500	11/24/2009
418925	15100 Narrows Lane Bowie, MD 20716	Prince George's County, MD	$32,500	11/24/2009
425290	2918 Cheverly Oak Court Cheverly, MD 20785	Prince George's County, MD	$42,000	11/24/2009
424213	12103 Woodwind Lane Bowie, MD 20721	Prince George's County, MD	$43,000	12/1/2009