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About Montgomery County

All that appears short....is not a short sale...... - Mar 16 02:43 PM
As the ongoing financial crisis continues across the country, signs of foreclosure become more prominent. Agents from every section of the country are in large part chasing the curve. Rather than work for a solution, we are part of the problem. Signs like this do not mean short sale. Signs like this do not mean bank owner Signs like this only mean that someone paid a printer for the sign and slapped it in front of ...

Bethesda MD Real Estate >> Be Where the Buyers Are! - Nov 25 02:09 PM
(BETHESDA REAL ESTATE) If over 80% of all buyers are shopping on the web, then as real estate professionals we need to be there first.  They are looking for property and are hungry for information on how to go about purchasing that property.  Eventually these buyers end up with real estate professionals to guide them through the process as evidenced by the large blue wedge in the following chart.  Almost half of the buyers who buy ...

Silver Spring, MD, Local Businesses that Have Survived the Test of Time - Jan 16 05:28 PM
I am amazed at several businesses that have survived and thrived the rise, the decline, the fall and the current surge in popularity of "Silver Sprung", Md.  As a native of Silver Spring, I have lived, gone to school, played and worked here all my life.  I've seen the good the bad and the ugly times in Silver Spring. 
There are several places in Silver Spring that are gone but not forgotten by me, such as Billy Boy's Subshop, The Hecht ...

In Search of Caffine in Takoma Park - Jan 07 01:16 PM
This morning, I agreed to meet a Takoma Park buyer at a house we have under contract.  She wanted her handy man to take a look at the place, and we agreed to meet at nine o'clock this morning .
OK, so I overslept.  I woke up at 8:30, the house is 20 minutes from mine, so there was not time to make a proper cup of coffee before I left.
Now I am a pretty tightly-wound type-A.  ...

Somewhere on a cool Autumn evening.... - Nov 02 09:46 AM
Some events remain forever moments ago in your mind. I won the luck of the draw and was borne into the grey area that lives on the fringe of live entertainment. From earliest childhood, performers were dinner guests in my families home. As the tag-along-middle-child, I found myself wandering through the homes of many of the high powered promoters that lived in the DC area, while my parents attended parties and functions. To the rest of ...

BUY A NEW HOME AND WE'LL BUY YOUR OLD ONE, Sound Too Good To Be True? - Jul 04 01:03 PM
WHAT'S A CONTINGENCY REMOVAL GUARANTY?  An Active Rain member asked "Why do buying contingencies not work there?  I wrote that they "seldom work here" but didn't say why.  You've seen the advertisements in the local newspapers on the real estate pages on Friday or Saturday""We'll Buy Your Home If We Can't Sell It"or"Buy A New Home From Dream Builders And We'll Buy Your Old Home, GUARANTEED"That's what we call a "Contingency Removal Guarantee".  The process is simple.  1.  ...

MONTGOMERY COUNTY HOMES AND REAL ESTATE - TOP RANKED PUBLIC SCHOOLS, SHOPPING, METRO TRAIN and WONDERFUL HOMES - Apr 23 03:46 PM
MONTGOMERY COUNTY MD REAL ESTATE - A TOUR OF NEIGHBORHOODS WILL HELP YOU FIND THE AREA WHERE YOU WOULD LIKE TO LIVE IN THIS WONDERFUL MARYLAND COMMUNITY.  Bethesda - 20814, 20815, 20816, 20817.  Close to N.W. Washington, D.C., fantastic shopping, top ranked public schools, 3 Metro stations, quick access to Northern Virginia, minutes to county government offices, minutes to Route 270 bio-tech corridor. Sister city of Chevy Chase offers historic homes minutes to N.W. Washington, D.C. Kensington is ...

Add Washington DC to your "Bucket List" - Mar 30 02:44 PM
 
If you have never spent time in Our Nation's Capital as a tourist, you need to add it to your bucket list.  I live in the DC suburbs of Montgomery County Maryland and I admit that I do not visit the City nearly enough.
Yesterday, Saturday, was the start of the Cherry Blossom Festival.  It one of the most beautiful sites you can see.  It started when the Japanese gave the United States the gift of the ...

Wake up Marty...It is time to stop the ICC ! - May 29 01:08 PM

"The future is now"; George Allen uttered those words when he took over the helm with the Washington Redskins. Let me preface this entry with the absolute truth. I am not a engineer, highway planner, social scientist or confirmed "tree hugger". I hope Govenor Marty can step aside from his lock step with yesterday and think about this project.
I am but one man. I have thought about this and feel that we are in ...

Good Market?Bad Market? Hell, it's your Market! - Feb 14 03:51 PM
Drives me up a wall.
On one side of the fence, we have the drones that parrot the soundbites created by the bobbleheads at the National Association of Realtors. "Everything is beautiful. This is a great time to buy a home. Investing in real estate is a winning strategy."
Those folks need to play the knock-knock game..
You know....knock knock....who's there?....real estate investors......real estate investors who?.....real estate investors that have lost their collective ass in the market over the ...

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Montgomery County Market Reports

MONTGOMERY COUNTY HOMES SOLD BY SHORT SALE AND FORECLOSURE SALES 2008 - May 04 11:54 AM
MONTGOMERY COUNTY MARYLAND REAL ESTATE IS A BUSY PLACE.  HOMES ARE SELLING BY SHORT SALE AND BY FORECLOSURE SALES.  Compare the List Price to the Closed Price in the homes below that closed in Montgomery County real estate in 2008.
SHORT SALES CLOSED JANUARY 1, 2008 THROUGH APRIL 30, 2008 - Montgomery County, Maryland.
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.
  
Homefinders.com Network of Maryland Agents and Brokers Are Full Time REALTORS®By working with buyer's agents who are REALTORS®, ...

Montgomery County MD Home Price Statistics - Feb 04 12:20 PM
The Washington Post recently compiled data from the MLS showing the changes in the average home sale price across Montgomery County, comparing the fourth quarters of 2006 to 2007. 
The results prove, once again, that real estate is about location, location, location.
Certain zip codes reportedly showed an increase in sales price, most notably Poolesville, Gaithersburg and parts of Rockville, Boyds and Germantown.   Huge areas across the county saw drops of anywhere from 2% to 19%.  Some ...

Montgomery County Real Estate News >> Foreclosures in Montgomery County - Jan 02 07:53 PM
(MONTGOMERY COUNTY REAL ESTATE)  Foreclosures continue to be a hot topic in our region, though in Montgomery County we are still not so deeply affected as those states where economic decline or rampant speculation took place.  Of the 4451 active homes for sale in Montgomery County, 406 of them have some distress words attached to their listing:  foreclosure, short sale, REO, bank owned, or third party approval needed.   About 11%.
In late October when I ran this data ...

MONTGOMERY COUNTY, MD REAL ESTATE SOLD, SEPTEMBER 1 through OCTOBER 31, 2007 - Nov 01 02:03 PM
Montgomery County MD homes, what's selling and what is not.There are 2,457 ACTIVE listings of Detached Single Family Homes for sale on November 1, 2007priced from $300,000 to $1,000,000.  There are 2,967 ACTIVE listings of Detached Single Family Homes for sale on November 1, 2007,all prices, with a low of $235,000 to a high of $7,200,000.The average list price of Detached Single Family Homes for sale in Montgomery County is $772,360.The average list price of Detached ...

Montgomery County Real Estate >> Foreclosures in Montgomery County - Deal or Dud? - Nov 21 11:21 AM
(BETHESDA REAL ESTATE) Foreclosures are such a hot topic in the news lately, causing most buyers to believe that they can find a home that's a steal.  There a few states where the foreclosure impact is so significant and widespread that there are many opportunities for forward thinking investors to get great deals.  But in Montgomery County there are still relatively few foreclosures that are listed in the MLS system.
Of the 5000 active properties in Montgomery ...

MARYLAND FORECLOSUES - FINDING A DEAL IN ROCKVILLE - 3801 TERRAWOOD COURT, ROCKVILLE, MD 20853 - Jul 06 03:12 PM
ROCKVILLE, MARYLAND REO - $1,000,000 HOUSE NOW AT $699,900
When you are seeking a highly motivated home seller, be sure to review the list of lender owned homes in Montgomery County. Maryland. Mortgage lenders now have a surplus of REO properties and are taking actions to reduce the inventory. Prospective purchasers need to have a pre-approval letter in hand since that is a requirement when an offer is submitted.  Ask us for a referral if you ...

MARYLAND FORECLOSURES - FINDING BARGAINS IN MONTGOMERY COUNTY - 209 MIDSUMMER CIRCLE, GAITHERSBURG, MD 20878 - Jul 06 02:10 PM
WASHINGTONIAN WOODS, GAITHERSBURG, MARYLAND REO
When you are seeking a highly motivated home seller, be sure to review the list of lender owned homes in Montgomery County. Maryland. Mortgage lenders now have a surplus of REO properties and are taking actions to reduce the inventory. Prospective purchasers need to have a pre-approval letter in hand since that is a requirement when an offer is submitted.  Ask us for a referral if you have not selected a ...

MARYLAND FORECLOSURES - FINDING REO BARGAINS IN GERMANTOWN - 11004 GRASSY KNOLL TER, GERMANTOWN, MD 20876 - Jul 06 01:56 PM
GERMANTOWN, MARYLAND REO
When you are seeking a highly motivated home seller, be sure to review the list of lender owned homes in Montgomery County. Maryland. Mortgage lenders now have a surplus of REO properties and are taking actions to reduce the inventory. Prospective purchasers need to have a pre-approval letter in hand since that is a requirement when an offer is submitted.  Ask us for a referral if you have not selected a lender.
Many ...

MARYLAND FORECLOSURES - FINDING BARGAINS IN POTOMAC - 6 TRAVILAH TERRACE, POTOMAC, MD 20854 - Jul 06 01:05 PM
How do you find the real estate bargains available in Potomac, Maryland?  Watch the inventory of lender owned foreclosures. The mortgage lenders are purchasing most of the homes that are sold at the trustee sale auctions at the court house door. The lenders then offer the homes for sale when they become part of the REO inventory. Lenders are highly motivated sellers and reduce the prices until the homes are under contract. Prospective purchasers need to be pre-approved for financing ...

Parker Farm Subdivison of Silver Spring - June 2007 Activity Report - Jul 03 06:17 PM
Parker Farm Subdivision of Silver Spring - June 2007 Activity Report
Activity has been light in Parker Farm in the month of June 2007.  2 came on the market adding to the 2 that where already there, none went under Contract, and only 1 when to closing.
The minimum list price of the 4 on the market is $299,900, the highest being listed at $540,000, with the average being $540,000.  The one house that did sell was on ...

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Montgomery County News & Events

Property Tax Increase Disclosure - Do Sellers need to be a CPA?? - Nov 27 03:12 PM
The Montgomery County, Maryland County Council will vote next Tuesday on Bill 24-07.  To paraphrase, the purpose of the bill is to provide the buyer an estimate of the property taxes they will pay in the first full fiscal year of ownership.
This sounds reasonable on the surface.  But the council's suggestion as to how this be accomplished is, in my opinion, complicated and oneous.
I invite you to look at the county tax office's website and the document they have ...

Renting instead of selling - Oct 17 02:27 PM
In this changing market, many sellers who are unable to sell their properties are deciding to rent them if they must make a move and are unable to sell the property. In Montgomery County, MD, the odds are better that a property will rent faster than sell, although there are more rentals coming on the market because of the difficulty in selling in this changing mortgage market.
For instance, today in Montgomery County, there are ...

How many people does it take to screw in a light bulb? - Apr 07 03:17 PM
 
 Walmart is being proactive during the month of April and Earth Day.  They have put out many commercials to get us to wake up and know we can make a big difference.  Yes, we can all make a difference one person at time.  In this case one light bulb at time. 
They have figured out that if all of their 200 million consumers change just one light bulb to the energy efficient bulbs would be like ...

Next Time I am Wearing a Crown instead of a Cap! - Apr 22 10:01 PM
Next time I am Wearing a Crown Instead of a Cap!
It is Sunday afternoon in Darnestown Maryland.  As my husband and I walk together all the guys are so glad to see me.  "Hi, Audrey, we are so glad to see you."  "Hey look everyone look, Audrey is here."   My husband and I just grin.  You see, it is Spring and Coed Neighborhood Softball has started in Darnestown and the women are a must.  It is ...

Best Time to Buy in the DC/Maryland/Virginia Area - Mar 15 07:10 PM
We are seeing our share of foreclosures, however, we also see the market picking up.  What an opportunity for first time buyers, for families looking to move up and for investors.   I am seeing homes in great condition, updated etc. at foreclosure prices but not foreclosures. 
In Bethesda, Maryland, homes are again affordable.  A beautiful, 5 bedroom, 4 full bath home for only $725,000, while in Urbana, Maryland homes less than 5 years old which were ...

TITLE INSURANCE FOR OWNERS - AGENTS, DON'T GIVE BAD ADVICE TO HOME BUYERS - Jul 05 08:01 AM
An interesting post today by JOE LONG about an article in Forbes stating that the cost of title insurance is too high brings many thoughts and experiences to mind.  If there is a concensus among real estate practitioners that this costly insurance is not necessary and should not be recommended, I hope that the matter is reconsidered.  Sure, the cost is high, but recommending against title insurance puts, not only the buyer/home owner at risk, it also puts agents ...

New Roots in Olney - Dec 30 07:20 PM

There is a new place for healthy products in Olney. Roots Market has opened at 16800 Georgia Avenue, Olney, MD 20832 They can be reached by phone at 301-774-1344.
Finally, long trips down county seeking natural foods will come to an end. The store is similar to Mom's organic market or Trader Joe's with a touch of whole foods tossed in for good measure. The biggest difference may be in their implied statement of purpose....."We have made ...

WOOO HOOO! - Silver Spring Rocks! Downtown Silver Spring Gets the Fillmore! - Sep 26 06:19 PM
It was announced today that, finally, the old historic, art deco J.C. Penney Building, will come back to life!  This building, one of the last vacant deteriorating eyesores in the heart of Downtown Silver Spring will become the home to the Live Nation Music Venue - The Fillmore.  Vacant for way over a decade, this building is located right accross the street from the restored Silver Theatre which houses the American Film Institute.  Lee Development Group owns the ...

Doggie Adoption Day Event in Downtown Silver Spring, Md - Sep 07 04:57 PM
On Saturday, September 8th The Whole Foods Market will host a Dog Adoption Event in cooperation with the Washington Animal Rescue League.  Stop by and visit with adoptable dogs and Washington Animal League Volunteers.  Who Knows . . .  You might just meet your new best friend!  The Silver Spring Whole Foods Market is located at 933 Wayne Avenue in Downtown Silver Spring.  This event takes place from 10:00 Am to 1:00 Pm.  Oh, and by the ...

Best Kept Secret for Dog Owners in Silver Spring, Md - Sep 13 02:07 PM
 I just discovered a great Doggie Daycare place for Charlie.  The best part about it, it's only a 3-5 minute drive from my house.  It's Clever Dog.  This is Charlie's 2nd Day there.  He went for the first time on Tuesday. He comes home happy and tired when he's been to Daycare. He can be with other dogs in a pack or he can play with them.  He gets walked every few hours and the staff plays with him.  The place ...

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Montgomery County Listings

Bethesda Park Condo in Rockville - Jul 06 09:30 AM
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Gorgeous Remodel in Olney - Price Improved! - Jul 06 09:19 AM
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Flower Hill Condo in Willow Wood for Sale - Price Improved - Jul 06 09:11 AM
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MARYLAND FORECLOSURE - COUNTYWIDE HOME LOANS PRICE REDUCTION - 9912 COLORADO CT, DAMASCUS, MD 20872 - Jul 02 09:52 AM
We just received an email from Countrywide Home Loans to reduce the price on this lender owned home to $378,900.  The previous owner paid $470,000 for this home in early 2007.  Now is a good time to submit a contract. The lender is highly motivated to sell REO properties to reduce the surplus inventory.  Contact us today to schedule an appointment.
Prospective purchasers need to be pre-qualified for mortgage financing. Please contact us for referral to a ...

Montgomery County Foreclosure List (Updated Regularly) - Jun 27 01:09 PM
915 LINCOLN STREET, ROCKVILLE, MD, 20850 5BR, 3BA $324,900 More Info
13404 BREGMAN RD, SILVER SPRING, MD 20904 4BR, 2BA, 1HB $464,900 More Info
9266 BROADWATER DR, GAITHERSBURG, MD 20879 3BR, 2BA 1HB $274,900 More Info
18026 ROYAL BONNET CIR, MONTGOMERY VILLAGE, MD 20886 3BR, 2BA, 1HB  $239,900 More Info
5 DOROTHY LN, ROCKVILLE, MD 20851 3BR, 2BA $324,900 More Info
11944 BAMBI CT, GAITHERSBURG, MD 20878 4BR, 2BA, 1HB $364,900 More Info
 
-Vernon George & Tirza ChávezVernon George & Tirza Chávez are ...

MARYLAND FORECLOSURE - COUNTYWIDE PRICE REDUCTION - 10028 WEDGE WAY, MONTGOMERY VILLAGE, MD 20886 - Jun 26 03:31 PM
We just received notice from Countrywide Home Loans to reduce the price on this home in Montgomery Village, Maryland. This is a great opportunity for a home buyer. You may use FHA financing for a very low cash requirement. Prospective purchasers need to be pre-qualified by Countrywide Home Loans.  Contact us for a referral to a loan officer. Ask us about additional available incentives for the buyer. 

...

MARYLAND FORECLOSURES - GERMANTOWN - FINDING RE0 BARGAINS - Jun 23 03:38 PM
Within the hour, Countrywide Home Loans authorized the listing for sale of this lender owned foreclosure in the Clopper Hills section of Germantown. We used the old picture for your preview of this bargain.  
The lenders are buying most of the homes sold at the trustee sales auctions that are held at the court house door.  Then the homes are offered for sale to the public when they become part of the REO inventory. Lenders are highly motivated sellers and ...

Foreclosure in Silver Spring - Jun 23 03:22 PM

 
13404 BREGMAN RD, SILVER SPRING, MD 20904
Nottingham Woods (North on New Hampshire Avenue - left onto Randlolph road - right onto Bregman - 2nd house on the left.)
Price:  $464,900Agent:  Tirza ChávezBroker:  Passport RealtyContact Info: Cell 410.340.3038 Office 443.524.4642Email: vertir@passportrealty.netMRIS #: MC6748494

Click here for more information
-Vernon George & Tirza ChávezVernon George & Tirza Chávez are not responsible for the contents or reliability of any linked websites and do not ...

Foreclosure in Rockville - Jun 23 03:08 PM


915 LINCOLN ST, ROCKVILLE, MD 20850
Burgundy Knolls (Veirs Mill Road to 28 - Norbeck Road Left on First Street - left on Lincoln)
Spacious 5 BR, 3 FB home in Burgundy Knolls. Being sold strictly as is condtion.
Price:  $324,900Agent:  Tirza ChávezBroker:  Passport RealtyContact Info: Cell 410.340.3038 Office 443.524.4642Email: vertir@passportrealty.netMRIS #: MC6730768

Click here for more information
-Vernon George & Tirza ChávezVernon George & Tirza Chávez are not responsible for the ...

MARYLAND FORECLOSURE - DAMASCUS - LENDER PRICE REDUCTION ON REO - Jun 23 02:07 PM
The lenders are reducing prices on the REO inventory to attract buyers. 
Countrywide Home Loans just authorized a price reduction on this home to $355,900.  
Many families are using FHA financing for the low cash requirement. Please contact us if you need a referral to a lender.

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