It's still a strong buyers' market in Montgomery County, MD with home prices continuing to decrease year over year. With the historically low mortgage interest rates, this is the time to invest in a new home. Montgomery County offers great neighborhoods and many excellent purchase opportunities with greater than 50% of the listed homes going under contract in 90 days or less. Call us at Montgomery County Home Pros so we can help you find the home or investment property of your dreams.
According to a Saturday, January 10, 2009 Washington Post article (Renae Merle and Binyamin Applebaum), banking executives (represented by the major trade groups) want to "limit the loans eligible to be modified" to only "subprime borrowers or to homeowners driven to bankruptcy by an unaffordable mortgage". In this changing financial landscape it becomes even more important that realtors become experts in the "short sale" process. Make sure that your realtor has a designation like Certified Distressed Property Expert (CDPE) or has successfully negotiated a few short sales.
The realtors at Montgomery County Home Pros are Certified Distressed Property Experts, focused on helping homeowners build and preserve home ownership. If you would like to discuss the changing market in Montgomery County, MD, please contact us at 301-637-2663 or visit our website at www.MCHomePros.com. On our website you can search for homes if you are a buyer or ask us to check the value of your home if you are thinking of selling.
Building and Preserving Home Ownership
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