Find the Best Agent to Sell Your House Ask detailed questions about their experience and skills to help you find the right agent for your home sale. ReadVisit houselogic.com for more articles like this. Copyright 2016 NATIONAL ASSOCIATION OF REALTORS® … [Read more...]
Grant monies are back
Grant monies are back! The Federal Home Loan Bank replenished their funds for 2016. They are limited though and will go very fast because the grant is very popular and easy to obtain for buyers. Federal Home Loan Bank offers $5,000 to first time home buyers if they contribute a minimum of $1,250 into buying their home. And those monies can actually be gifted as well. Buyers can actually contribute less monies but their grant will be reduced because it is based on a 4:1 ratio. For example, if a buyer wanted to obtain $2,500 of grant monies then they would only have to contribute $625 or half of the $1,250. And the fees they pay upfront can be used to meet their contribution so the earnest money deposit and appraisal fee can be used towards their minimum contribution. Here are some other reasons to consider this grant over the other grant programs if a buyer's income qualifies under it. The grant is forgivable after 5 years entirely. If a buyer vacates … [Read more...]
Victoria Falls Market Watch – Villa Townhouses
Victoria Falls Market Watch – Villa Townhouses as of October 1, 2014 show an increase in the market activity of villa townhouses within the VF Community. We periodically monitor VF market activity to be able to apprise and update our neighbors, potential buyers and other interested parties on the real estate market in the VF community. Although the asking prices vary from villa to villa the actual size, location and added features are a significant factor in determining the final asking price. New Listing – 7101 Piney Woods Pl. – End Unit Craftstar villa townhouse just listed for $415,000. Features include three bedrooms, two full baths and half bath. Approximate tax living area 3,304. Days on market – 3.New Listing – 7118 Piney Woods Pl. – Craftstar villa townhouse listed for $369,500. Features include four bedrooms, two full baths and half bath. Approximate tax living area - 3,005 sq. ft. Days on Market – 26. Contingent Contract/No Kick-Out – 7307 Birdcherry Lane … [Read more...]
What is PMI? Ask the Experts – Adolphus Hawkes Realtors
What is PMI? When you buy a house there are four key cost components that are included into your monthly mortgage payment. The four components are commonly referred to as “PITI”. PITI includes the (P) - principal amount of the mortgage, (I) Interest on your new mortgage, (T) county taxes and (i) insurance. Now, we will now explain how… and when PMI is added to your monthly mortgage.If you cannot afford to make a 20 percent down payment on a conventional loan - PMI, or private mortgage insurance protects your lender from loss in case of default. Having private mortgage insurance will allow you to make a significantly lower down payment than the required 20 per cent, and still obtain a traditional conventional financing.You could be eligible to cancel your PMI coverage if specific lender guidelines are met, e.g., having no late payments and the overriding factor - having built at least 20 percent equity. You build equity quickly when… and if your property value increases or, if … [Read more...]
Victoria Falls Market Watch – Villa Styled Townhouses
This Victoria Falls Market Watch - Villa Styled Townhouses reports one townhouse villa listed for sale at $359,900 and currently under contract pending closing. This villa style homes include three bedrooms and three full baths. Victoria Falls Market Watch reviews and tracks the VF community market data on a daily basis....It appears that the Crafts Star villas are selling for a lot less than the Drees styled villa homes. Most of the Drees town homes are closing at $375,000 to $380,000. Although , the majority of buyers are looking for the end unit Drees style homes. Some of these Drees homes include four bedrooms and spacious living space. VF Market Watch - Villa Styled townhouses indicate that the average sales prices for villa style homes range from a low of $349,900 to a high of $380,000. Unfortunately, there have not been any sales of the Drees end units homes thus far in the community.Victoria Falls Market Watch - Villa Styled Townhouses residents should anticipate an … [Read more...]
Victoria Falls Market Watch – Single Family Homes
Victoria Falls Market Watch - single family homes provides a peak at the market activity within Central Park at Victoria Falls community. Several properties that were previously listed for sale during the summer have now closed. Coupled with an insufficient inventory of homes for sale and record low interest rates sellers are witnessing a sizzling sales market to say the least! The current supply of home listed have not kept pace with the increased number of home buyers flooding the market looking for homes to purchase.Victoria Falls Market Watch - single family homes focus on the sale of two single family homes this summer. The sale of a Michael Harris (MH) single family home (without a basement) listed and closed escrow at $399,900. This was a Hemingway Model that closed on June 30, 2014 without any sellers’ contributions to the buyer. The other pending sale of a MH single family home (without basement), which was a former model home was rescheduled for closing on the 31st. of … [Read more...]
Selling a Home with Feng Shui
Selling a home with Feng Shui in mind may lead to a fast sale! Reducing clutter in a room can be an overwhelming task for many sellers. Many Realtors recommend the traditional Chinese practice of Feng Shui.The basis of Feng Shui is to arrange items to harmonize with surrounding spiritual forces. The ancient practice hit mainstream sellers several years ago,and now real estate professionals are joining in on the harmonizing bandwagon. The idea is that potential buyers may feel more comfortable and happy in a home that is arranged a’la Feng Shui.Selling your home involves creating a feeling that buyers will have about the home space…..Don’t be alarmed if your home’s front door faces west instead of east or is more southwestern than Asian. Creating a little Zen in your den will help raise its chi – and the possibility of a sale.Here are a few tips to bring a bit of Feng Shui into your home and life. > Simplicity Sells. Remove excess clutter and knick knacks from the room. … [Read more...]
Marketing Vision at Adolphus Hawkes Realtors
Marketing Vision The marketing vision at Adolphus Hawkes Realtors keting is unique in that we are committed to our buyers and sellers needs and objectives. Our marketing vision is built around how can we make our home buyers and sellers feel comfortable, calm, and worry-free throughout the entire buying and selling process. Our client’s satisfaction is extremely important to us, therefore we work hard to provide top-notch customer service and superior marketing of all properties we market and advertise.Our marketing vision at Adolphus Hawkes Realtors includes an ideal balance between aggressive and innovative in our marketing strategy to make Adolphus Hawkes Realtors one the premier real estate companies in the Laurel, MD and the District of Columbia. We work to provide insights and information into the current real estate market so you will never have to search among our competition. We are always here to answer your questions and concerns.This marketing plan … [Read more...]
Tax Credits for Laurel Home Buyers
TAX CREDITS FOR LAUREL HOME BUYERS - LOOKING TO PURCHASE A FORECLOSED HOMES IN LAUREL MD......if you are interested in purchasing a foreclosed homes in Laurel,MD. The City of Laurel recently passed legislation adopting a tax credit program for purchasers of foreclosed homes within the City of Laurel, Maryland. Tax credits for Laurel home buyers are now in effect, the legislation offers a five-year descending City tax credit of up to $3500 for buyers purchasing their primary residence within Laurel City limits. Under the program, eligible buyers will receive credit for 100% of their City property taxes up to $3500 for two years following purchase. In subsequent years, three to five, the credit will decrease to 75%, 50%, and 25% respectively. If the property is deemed to be a "distressed property" the purchaser may be eligible for an extended credit. As with similar programs, the tax credit for Laurel home buyers terminates when the initial purchaser ceases to occupy the home as their … [Read more...]
Victoria Falls 55+ senior community
Victoria Falls 55+ senior community for active adults. Central Parke at Victoria Falls is an adult senior community located in Laurel, MD. The "For Sale by Owner" of this lovely home is offering this elegant Austen model for sale with immediate occupancy. The home is located on a quiet cul-de-sac and has many fine features. This single family home was built by Michael Harris Homes in 2007 and features an open floor plan with ceramic tile foyer entrance, 1st. floor master bedroom and bath, 3 additional bedrooms on upper level, 3 full baths, formal dining room with custom crown molding and chair railings, eat-in kitchen with cherry cabinets, granite counter-tops, GE Advantium oven, ceramic tile kitchen floor, zoned hi-efficiency gas heat, attached 2 car garage, cathedral ceilings, ceiling fans and walk-in closets. Victoria Falls homeowners pay a low Homeowners Association Fee (HOA) of $222.00 monthly that include lawn mowing front and rear, snow removal up-to-your-door, annual gutter … [Read more...]
Living in Laurel MD
Living in Laurel MD has been a true joy and provide us with a feeling of home! My wife and I relocated to Laurel after raising our daughters in the nearby Adelphi, MD community. Since moving to Laurel,MD we have truly enjoyed the Victoria Falls community where we live, but also its great location to Washington, D.C., Baltimore, MD, Columbia, MD, and Northern Virginia. Living in Laurel, MD is like living in a small town with city amenities. Especially, town that the new Laurel Town Center is under construction. I can see all types of commercial develop underway. Laurel is conveniently located within a short commute to Columbia and Annapolis Shopping malls, many restaurants, entertainment venues, parks, and bike trails. As one would say in the real estate business, Laurel typifies a typical slogan..... location....location……location!Living in Laurel, MD offers a variety of housing choices with neighborly communities consisting of detached or townhouse style home with varied price … [Read more...]
Adolphus Hawkes Realtors Launched New Website – www.ahawkesrealtors.com
Adolphus Hawkes Realtors launched new website www.ahawkesrealtors - After months of research, discussion, planning and consultation with Agent Image our web site developer, design staff and marketing experts we finally launched our new website. We have a dream of making this website a major hub for real estate information. With this information buyers, sellers and the general public will have better insights into the real estate market process. And, offer search functionality that is linked to the MRIS - Real Estate in Real Time. The site offers unlimited searches on great places to live and to raise a family within the D.C., Maryland and Virginia areas (DMV). Also, valuable information on communities in school information that is important to a family. The site have been active for a couple of years and have received incredible positive feedback from visitors. We feel that our website will greatly enhance our brand and ability to attract clients moving into or out of … [Read more...]
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