Germantown Maryland real estate

19122 Clover Meadow Place, Gaitersburg MD 20879

Realtor — Thu, 01 Sep 2011 19:59:13 +0000

Beautiful Renovation, Great Location, Private setting!

19122 Clover Meadow Pl Gaithersburg, MD 20879MC7635653Located in North Gaithersburg and right at the Gaithersburg-Germantown line you find a beatifully renovated home with 3 bedrooms, 3 1/2 baths, fully finished walk out basement, granite counters, new cabinets and appliances, new fireplace and deck. Dual Sliding Glass doors walk to a private deck

With easy access to I-270 your commute to Washington DC via METRO or a short drive to Frederick makes this location a commuters dream.

Just a few miles down, the Gaithersburg and I-270 Great Seneca Transit Corridor, home to a major hospital (Shady Grove Hospital), academic instituions and private biotechnology companies offers this area a prosperous, vital and vibrant future economy.

Looking for foreclosures in the area? Click here

Carmen Lovelace
REMAX Town Center
301-980-9300
carmenlovelace@aol.com

LUXURIOUS MIDTOWN NORTH BETHESDA CONDO

Realtor — Tue, 12 Apr 2011 23:45:08 +0000

Located in North Bethesda, this luxurious two bedroom, 2 bath + den gives you easy access to both Twinbrook and White Flint Metro.

Comfort, grand accommodations, full amenities which includes, rooftoop swiming pool, full concierge service 24/7, theater room, conference room, internet cafe, exercise room, garage parking, walk to nearby restaurants and shops.

MC7564179 $440,000

Click Here for full details on this lovely place

MIDTOWN NORTH BETHESDA

Great Views from your 10th Floor Master Bedroom

Den large enough to accommodate your Forman Living Room

A Place to greet your visitors

For more North Bethesda/Rockville Listing CLICK HERE

   Carmen Lovelace
    Realtor, GRI
    Certified Distressed Property Expert
    REMAX Town Center
    (301)980-9300

22 Oskaloosa Ct, Derwood MD 20855

Realtor — Mon, 15 Nov 2010 00:57:47 +0000

Elegant Colonial Estate Home in

Derwood, MD

RENTS FOR $2,850.00

This elegant 4+ bedroom 3.5 baths has all the charm, elegance and space your family deserves.

Come Home for The Holidays

Courtesy of Carmen Lovelace
(301)980-9300
REMAX Town Center

Over 3,500 of finished living space in the beautiful colonial, just a mile from Shady Grove Metro and an easy commute to DC, Rockville, Siver Spring and Bethesda.

Easy Commute to Disctrict of Columbia - DC

Commuter’s Dream location, yet a private retreat backing to Crabbs Branch Stream and Lake Needwood Parks. Great Views from your kitchen and deck.

Scenic Views from your deck and back rooms

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Recently updated with new carpets, fresh paint, and impecably cared for.
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CLICK HERE to search for other properties in Derwood, MD

20561 Summersong Lane, Germantown MD 20874

Realtor — Sat, 06 Nov 2010 00:16:43 +0000

LOOKING FOR A READY TO MOVE-IN HOME IN GERMANTOWN??

Then look no further!

This home has been totally updated with fresh paint, new carpet, granite, ceramic tile, new appliances and so much more.

Courtesy of The Silva Team, REMAX Town Center

Summersong Townhouse

More Homes for sale in the same area

First Time Home Buyer Closing Assistance Program

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You will find tons of space in this home with over 2,200 square feet of living space. A TOWNHOUSE with the FEEL of a SINGLE FAMILY HOME - All for $269,9000

Unique Sunroom / Solarium Floor PlanLarge Kitchen with NEW Stainless Steel & Granite

LOOKING FOR A DEAL ON YOUR NEXT HOME?

CHECK OUT PRE-FORECLOSURE AND & BANK OWNED HOMES

Carmen Lovelace

REALTOR, GRI

REMAX Town Center

301-980-9300
carmenlovelace@aol.com

APPROVED SHORT SALES

Realtor — Thu, 15 Jul 2010 17:12:09 +0000

When Realtors advertise an “Approved Short Sale” it means the lien holder or lenders holding the note, have approved the price and closing costs associated with the sale. The most common reasons a short sale has been pre-approved are:

The Realtor had a previous offer and the contract fell through. The bank has completed the review of the Seller’s financial hardship, they have done an appraisal or BPO (Broker Price Opinion) and the bank is satisfied with the sales price and/or the terms agreed upon by the previous buyer.

Is there still room for more negotiation? Sure, however, this may delay the process as many banks do not let you know what they are looking to net and the guesswork may have to start all over again. The Realtor negotiating the short sale probably has a pretty good indication if there is any flexibility in the terms. Most Banks will reuse some of the Sellers’ hardship documentation if a new offer is received within 30 days of the original approval. Although Banks may not tell you this, most of them will keep the same negotiator and pick-up the process right where the previous buyer left off.

Another reason why a ‘Pre-Approved Short Sale’ is advertised may be that the Seller qualifies for HAFA. Under the new Home Affordable Foreclosure Alternatives (HAFA), if the owner qualifies for the program, the banks will send an appraiser or BPO agent to establish fair market value for the property. Once the seller is qualified and has completed the qualificatin process, the house is listed for sale at a price that has been established and approved by the Bank.

Why are Approved Short sales a good option for buyers? There is a higher level of certainty in terms of sales price and closing costs assistance; the wait time for approval is drastically reduced; in many cases appraisals and inspections have been completed by the previous buyer and may be available to the new buyer for review.

As always working with a realtor who is experienced negotiating short sales is very helpful and may save you time and aggravation.

20522 Sterncroft Ct Montgomery Village 20886

Realtor — Thu, 15 Jul 2010 17:11:42 +0000

MONTGOMERY VILLAGE TOWNHOUSE - APPROVED SHORT SALE

Find out about approved short sales

3% Closing Help from the Bank and a $7500 FHLB Grant

means you can buy this home with only $1500 total investment

MORE HOMES FOR SALE IN ESSEX PLACE

NEW KITCHEN CABINETS, STAINLESS STEEL APPLIANCES, GRANITE

COUNTERTOPS
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END UNIT TOWNHOUSE IN ESSEX PLACE

MORE HOMES FOR SALE IN ZIP CODE 20886

Montgomery Village Amenities and Community info

Carmen Lovelace
Realtor, GRI
Short Sale Specialist
301-980-9300

Rentals in Germantown, MD

Realtor — Mon, 14 Jun 2010 03:34:18 +0000

Is about this time of the year that most folks who are planning to move, look for a new place. I help many renters in the Germatown and Gaithersburg area and I find that most of them have failed to do their homework to find their new home.

Rentals are typically very competitive at this time of the year, and with the high number of foreclosures and short sales in the last year, we find many more applicants competing for good housing. I often get requests for a townhouse in Germantown for under $1200 or $1300 dollars. I tell my clients it is almost impossible to find a townhouse in that price range; and if you do find one it may not be in the condition they expect and/or it will go very fast. The most economic townhomes in Germantown start at around $1400 for a small 2bedroom/2bath or 3bedroom/1 bath. Very few have basements and most will be either back to back units or quads.

At around $1600 you will start finding full size townhouses and they vary in condition with the more updated ones going really fast. Single family homes start right around $1800.

Applicants who do their homework before they start their search will have a better chance of getting the right home. I advise my buyers to take the following steps before they start:

Get a copy of your credit report – you can get a free copy of your report once a year from www.freecreditreport.com
Review it and/or bring it to your realtor to help you read it and determine if there are items on your credit report that would need to be disputed for accuracy or if the information is correct and explanation is needed.
If there are items on your credit report that need to be corrected by the credit beaureus this can take up to 60 days.
In order to get items on your credit report corrected, you need to provide proof that payment was made
If the items affecting your credit are true, the best thing you can do is be up-front and provide a letter of explanation of what circumstances forced you to default on payments.
Many management and real estate companies request the last two paystubs to support income, or a Profit and Loss statement for your business, if you are self employed.
I have found many landlors who will accept letters from employers stating cash earnings. If you need to get one, ask your employee to prepare one and use company letterhead to give it more credibility.
If you get paid by check, make copies of your checks to prove income for the last month.
If you have a good bank account it is a good idea to provide a copy of your statemetn. It is not required but if the applcation is weak in other areas, having available savings always helps.
Many previous homeowers who have lost their home are asked to provide two months deposit, and/or two months pre-paid rent.
Get a copy of your drivers license and/or passport if you don’t have a license
Talk to the people that will be used as references, for employment and personal references, and get their correct infomration so that you have it readily avaialable when you are ready to apply, and so that they know you will be using them as reference.

Seach for Rentals in Germantown by clicking here

20001 Gateshead Circle, Germantown MD 20876

Realtor — Thu, 10 Jun 2010 23:27:03 +0000

First Time Home Buyers, this is your chance to purchase your own place at below market price. This home is perfect starter home with two bedrooms, 1 and 1/2 bath, two level wigh high ceilings in the Master Bedroom, a cozy fireplace in the living rooms area and your private garage.
A small patio off of the Dining Area backs to peace and tranquil green area and perfectly manicured common grounds. You are less than a mile away from the Middleboork I-270 exit and close to shops, restaurants and within walking distace to prublic transportation.

Use the FHLB Grant to purchase this home and you have your downpayment and most of your closing costs paid for.

SEARCH FOR HOMES IN SCENERY POINTE

BANK OWNED & SHORT SALES IN GERMANTOWN

Realtor — Thu, 03 Jun 2010 21:15:34 +0000

If you are looking for a good buy in Germantown or any other area, consider buying an REO (Foreclosure) or Short Sale Property.
REO properties are properties the bank has taken back from the owner and are listed for sale through local realtors.
Short Sale Homes are properties where the owner is listing their home for sale through a local Realtor in hope of avoiding foreclosure.

In both instances and with the right Agent helping you, you can find some good buys.

When making an offer on either a Short Sale or an REO, be patient and be willing to wait the time for the bank to respond to the offer, if you are offering on an REO listing; or to wait for the short sale approval if you are offering on a short sale property.

The link below contains all REO’s and Short Sales in Germantown as of today, Thursday June 3rd, 2010

Germantown REO’s, Foreclosures and Short Sales

Additionally, I personally look at homes every day and the properties below are the ones I consider “This Week’s Hot Buys in Germantown”

DOWNPAYMENT ASSISTANCE FOR FIRST TIME HOME BUYERS

Realtor — Tue, 01 Jun 2010 18:56:47 +0000

First time home buyers can obtain a grant for up to $7500 to purchase their first home. This grant is available through selected chartered banks and buyers must meet certain income and other requirements to qualify. Typically a buyer investing $500 in the purchase of their first home can obtain up to 5 times their investment for a maximum of $7500.

The FHLB grant may be used for down-payment or closing cost assistance and is a second loan at 0% interest that is forgiven if the buyer lives in the property for five years or more. Grant funds are available until they run out and funds can only be reserved with a ratified contract. Some of the lenders offering this program predict they have enough funds to fund June and July transactions, so don’t wait too long if you want to take advantage of this program.

For more information on the program or to contact a lender offering this program, click here

Carmen Lovelace, Germantown Realtor
301-980-9300