Real Estate NewsSource: Wash Post Real EstateWashington Post's Real Estate section is your source for buying and selling a home and finding open houses in Washington,DC,Maryland and Virginia. DC,Virginia and Maryland. Post Real Estate also includes discussions and blogs on DC metro area real estate issues. With Silver Spring home, family wins Washington Post's Mad Men Look contest "It's the first time in our lives we've been hip. And it came to us -- we didn't go to it," said Melissa Talley, 51, winner of The Post's Mad Men Look contest. U.S. housing slump continues, but D.C. area is doing better The housing bust isn't over, but the worst is past, according to economists participating in a U.S. Chamber of Commerce panel this week. Where We Live: Town Creek, in Maryland's St. Mary's County When Kathy Weigel moved into her brick rambler in the community of North Town Creek in St. Mary's County in 1993, she got an unusual housewarming gift: a military-base ID card for the wife of Apollo 12 astronaut Pete Conrad. The Conrads lived in the house in the 1950s, and the card was discovered... Where We Live: Colmar Manor in Maryland's Prince George's County Take a seat on a front porch in Colmar Manor, and it's easy to watch the world go by. You'll see residents tending to gardens, working on home projects or walking their dogs. And because many of the cottage-style homes are stacked like rowhouses, residents say, you can't help but get to know your... Extra credit checks required by Fannie make some lenders anxious People who applied for a mortgage as of June 1 might see their finances -- specifically their debt -- under renewed scrutiny days before they are scheduled to complete a home purchase. Merry-Go-Round Farm tries to bring superior architecture to Potomac Drive on River Road in Potomac, and you'll see them on both sides: the McMansions, the faux chateaux and other oversize revisions of one architectural style or another. The dangers of life estates; understanding agents' commissions on foreclosures Q: In 1997, we created a living will for estate protection in case my mom went into a nursing home. It was set up so my sister and her husband received half the house while my sister's three kids got the other half. In tough times, how to score a better mortgage deal Call it the great real estate disconnect of 2010: Mortgage rates have been at half-century lows and home prices have stabilized, but applications for mortgages have declined most weeks during the past three months, as measured by the Mortgage Bankers Association. Green Scene: Landscaping can make potential buyers feel right at home If you are trying to sell your home, you can rise above the competition by designing curb appeal into your property. Before going to settlement, learn the basics of all that legal mumbo jumbo Real estate settlements are often shrouded in mystery. There are many moving parts, multiple parties sitting impatiently at the table and piles of documents filled with legal mumbo jumbo. Source: Baron BriefsReal estate news and commentary from RealtyBaron.com [Q&A] – “what is the house num…
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Source: About Home Buying / SellingGet the latest headlines from the About.com Home Buying / Selling GuideSite. Look for the Message in Real Estate Market Reports Friday, July 30, 2010 Depending on your point of view, you can read a real estate market report and draw completely different conclusions than Joe Blow Realty down the street. Consumers find it difficult... About Those Bogus Short Sale Offers Wednesday, July 28, 2010 Sellers have a very difficult time understanding why some buyers will write an offer on their short sale without committing to buying that short sale. These buyers expect the seller... You Might Qualify for a Short Sale Without a Hardship Monday, July 26, 2010 A strategic short sale can happen if the bank qualifies the property for a short sale without a hardship from the seller. For years, banks have been insisting that sellers face... Financial Reform Isn't Necessarily Straight-Laced Friday, July 23, 2010 The financial reform bill has its supporters and those who would like to drive icepicks through the hearts of our legislators. I, for one, am totally in love with the... Cheap Luxury Homes Are New Hot Ticket Wednesday, July 21, 2010 It may very well be true that you can buy a champagne home on a beer budget. Forbes says that cheap luxury homes are one of the best deals out... How to Write a Winning Hardship Letter Monday, July 19, 2010 I've seen a lot of sellers struggle with writing a short sale hardship letter. Generally speaking, they start out OK by talking about how they got into their present situation, but... Low Mortgage Rates Are Not Enticing Home Buyers Friday, July 16, 2010 Basically, the federal home buyer tax credit program is over. Oh, there are still those hapless buyers stuck in some delayed short sales who will still get the credit if... IRS Blocks 10% of Home Buyer Tax Credits Wednesday, July 14, 2010 It's pretty clear that a large number of home buyers may not understand how the first-time home buyer tax credit works. A disturbingly high percentage of filers trying to claim... Why You Should Care About Hard Money Loans Monday, July 12, 2010 Lots of unsuspecting homeowners have no idea that when they refinance mortgage debt, they could be turning what was once considered purchase money into hard money loans. This is especially true... Foreclosure Discounts Tracked Friday, July 9, 2010 The online foreclosure giant, RealtyTrac, has found a way to track the average discount on foreclosures. Nationally, the average discount is 34% for a foreclosure as compared to the prices... |
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