Feb. 4, 2016

Massive Multi-Million Dollar Maryland Homes For Sale Newsletter 02/05/2016

Weekly Mortgage Analysis: Interest rates remain steady under 4%  - 
30 Year Fixed 3.88% 
 as of 02/05/2016 
Best: Refi @ 2.84% 15 year loan fixed! Call 301-246-0001 for more info
Finally a Really Nice Home with a two story, INDOOR WATERFALL!  more....
Resize
A Really Nice Home from the legendary actor Charlton Heston goes in the market in Beverly Hills - more...
A Bethesda Maryland Really Nice Home -- from a Hobbit's point of view. . It was offered @ 1.2 million, you needed to be a rich Hobbit to buy it -  After 128 days, it was finally SOLD for $920,000 (Cheap Hobbit!)  more...
Less than 11 months away from President Obama and family moving out of the official White House, they may want to consider buying a replacement White House that is just a few miles down the road in McLean Virginia - this is a replica of the real thing.  It even has an oval office! . . .Or perhaps, TRUMP could convert it into a hotel...Priced at $3.250,000.00 it should sell this election year- If you want to see it, give us a call @ 301-246-0001 You are going to need the security clearance of a loan approval before making an appointment  - more....
Most Expensive Houses: The Most Expensive Properties In And Around Montgomery County Maryland and Surrounding Suburbs -- What doesn't appear to be in short supply around our area is the massive, multi-million dollar homes that are for sale all around us...one of them priced at $28,000,000.00 has 8 bedrooms, 12 baths and is 28000 Sq Ft  See More...
Only in South Korea, you will find a Toilet Shaped House . . WHY?!!!   see more...
 
 
Maxus Realty Group 
 
Herboso & Associates LLC is the parent company for Maxus Realty Group.
Office: 301-246-0001
info@ReallyNiceHomes.com
Real Estate Services for 
MD,DC and Northern Virginia
 
 
ReallyNiceHomes.com  
 
ReallyNiceHomes.com is our main website Whether your ultimate goal is to buy,invest, sell for the most profit, or ensure that you get that dream home no matter what, we'll be there for you. Our philosophy of service is simple: We're not number one; you are!
 
Service with a cherry on top!
We're a full-service Maryland real estate company, our entire team is dedicated to providing you with assistance in every aspect of real estate within the Maryland, DC, or Virginia area
Posted in Newsletter
Jan. 23, 2016

Snow Everywhere...

Subject: I'm Shovellin' Today. . .

7 THINGS TO DO WHEN YOU ARE SNOWBOUND: 
#1 Have a Movie Marathon        #2 Get Creative in the Kitchen        #3 Sleep All Day 
#4 Start a Project                     #5  Read a good book                     #6 Search for a new home
The "NEW" way of watching TV :  Amazon bringing Prime Instant Video app to Apple TV’s tvOS  
Why the renting crisis could be about to get a lot worse? U.S. homeownership rates have been dropping over the last 8 years, and concurrently, the period from 2004 to 2014 marks the strongest 10-year stretch of rental growth since the late 1980s.
Very powerful picture with a very powerful meaning. This is the definition of a happy marriage. if all our relationships would be as this depicts, the world would be a lot easier to live in. The understanding of any two people wanting to have a connection is each other's contribution to growth. Unfortunately, I see a lot of people who ends up alone, paying a high price for believing that relationships are only for people  who are in this world to make them happy. 
Planning Your Greatest Family Vacation in 2016  START NOW!
The tricky thing about family vacations is that they include your family. And with your family comes school and work schedules, video games and cookbooks, rock concerts and the big football game that can't be missed. With these conflicting schedules and widespread interests, you'll definitely need time to map it all out.
 
 
Herboso & Associates LLC is the parent company for Maxus Realty Group.
Office: 301-246-0001
info@ReallyNiceHomes.com
Real Estate Services for 
MD,DC and Northern Virginia
 
 
ReallyNiceHomes.com is our main website Whether your ultimate goal is to buy,invest, sell for the most profit, or ensure that you get that dream home no matter what, we'll be there for you. Our philosophy of service is simple: We're not number one; you are!
 
 
Service with a cherry on top!
We're a full-service Maryland real estate company, our entire team is dedicated to providing you with assistance in every aspect of real estate within the Maryland, DC, or Virginia area
 
Jan. 5, 2016

"OMG Mortgages Interest Rates Are Almost 4%! "

"OMG Mortgages Interest Rates Are Almost 4%! "

mortgages

A lot of people may not remember life during President Jimmy Carter years. .I know I do.

It was the late 70's

Interest rates were in some cases as high as 20% 

Unemployment was rampant and so was gas shortages all around the nation. 

You had to get in line to put gas in your car...and sometimes gas stations had empty tanks.

Now is 2016 

and I heard the first complain of 2016 from a customer that just signed up to our website, 

"OMG Mortgages Interest Rates Are Almost 4%! "

My customer was right, 

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks.

Following suite,  Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors are all calling for mortgage rates to continue to rise over the next four quarters.

This has caused some home buyers  to reflect to this fact

The days of 3% Mortgage Rates are over.. and they ask themselves this question?

Should I go ahead and buy a house in 2016? 

My first thought was:

"c'mon man! , you should realize that current rates are still at historic lows"

Do you want to see the proof?

Here is a chart showing the average mortgage interest rate over the last several decades.

If you are thinking on buying a home in 2016 

Be happy that the interest rates are still  around 4% 

It could be the 70's all over again...

{insert imaginary music "Stayin'Alive here now}

 

 

Dec. 23, 2015

Misleading News About the Fall of Housing in November 2015

"US Existing Homes Sales

Plunge in November 2015"...NOT!

Misleading news seems to be the fallacy of today's news environment. Every major news organization are set to bring drama and bad news for ratings and they have plenty of it..

This week it wast reported,

The US existing Home Sales has plunged over 10%!

Reporting particularly dramatic events are taken to outweigh a significant amount of statistical evidence...

The evidence is very clear, 

The reason why HOME SALES PLUNGED over 10% in November 2015 is very simple:

A new government regulation was just implemented in October 3rd

This is the new “Know Before You Owe” mortgage rule, commonly known as the TILA-RESPA Integrated Disclosure (TRID) rule. 

These new regulations put a HALT STOP to many transactions in November.. 

Everyone was trying to figure it out how to comply with it..

This is why many transactions where delayed..

See Chart below (courtesy of KCM) 

November's rise in numbers indicates exactly the time when this new regulation was implemented

The 3 day difference between October and November is EXACTLY 10% on one month's numbers..10% of transactions were delayed in November...DUH!

So, what is the true market indicator out there..

Without the drama most  news organizations seem to invent for better ratings..

Let's see how is the housing market actually doing right now...

The best indicator to forecast and look at how well the housing market is doing is to look at the "Foot Traffic Report" from NAR (National Association of Realtors) 

This report indicates the number of prospective buyers that are actively looking for a home at the current time;

So let's check what this report says in one single glance..(courtesy of KCM) 

It is very obvious..

That demand to buy single family homes is increasing over the last few months - not decreasing.

So if you are planning to sell a house soon, don't panic, no matter what last month’s sales numbers show, the housing market is still doing well as demand remains strong.

...and if you are thinking to buy soon,

sooner is better than later for these two reasons alone: 

  • Interest rates are creeping up
  • Less competition in the Winter months

 

Whether you are ready to sell or buy, 

Give us a call, we have the "pulse of the market:, 

so you can make the RIGHT MOVE!

301-246-0001 for immediate help

 

 

 

 

 

 

Posted in Market Reports
Dec. 5, 2015

My Contractor Abandoned Me!

My Contractor Abandoned Me!

 

Hi, Fernando here from ReallyNiceHomes.com

 

I received this call this week from a past client. . .
It seems that he was remodeling his bathroom and the contractors disappeared without completing the job..
I asked him,
"How did you find him?"
Craigslist!


You know, in any business you have honest people, and you have crooks. when it comes to handyman services, contractor services for big or small repairs in your house, you must learn how to protect yourself. In every sector of the home repair market , you have contractors plotting to beat you out of your money.. . they are everywhere.

When I use the word "contractor" I’m referring to general contractors, sub-contractors or any other person you hire to do work on your ?house project?.

Please do yourself a favor,
Over the years, I have accumulated a list of general contractors,
electricians, plumbers, house cleaners, painters and carpenters.


I don't mind sharing with you my referral partners..
They want to impress me because I send them business their way all the time...

For that reason,


They will treat you right and fair when it comes to charging their fees.

Give me a call at 301-246-0001 if you need someone right away
or 
send me an email  and I'll be glad to share this list with you


Fernando@ReallyNiceHomes.com

All my best,

Fernando

 

 

Fernando Herboso
    Herboso & Associates llc
         BROKER Black diamond (cards) REALTOR® 
    
Maxus Realty Group 
 
     
Office 301.246.0001
Cell     240.426.5754
Fax      888.913.3535

My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. . .Quality representation is not expensive, its priceless!
 

 
MD-DC-VA
Our Core Values Are Based on. . .
Hope | Dreams | Security | 
Commitment
Peace of Mind | Second Chances 
Respect | Love|  Passion | Protection
Results | Integrity|  Excellence | Communication
 

 

Posted in Real Estate Tips
Dec. 1, 2015

Where are Washington DC's Best Christmas Lights Displays?

Where are Washington DC's Best  Christmas Lights Displays?

It’s that time of the year again

Christmas lights!

My family has this tradition to visit Christmas Lights Displays to get us into the Christmas spirit.

I will share with you the best places to go and hopefully your family can  catch some of these beautiful displays of magic and joy to the Season

The gift to all residents in the Washington DC area is that we share the best of each locations

Washington DC, Maryland and Northern Virginia

Let's separate them and let's start with Maryland: 

Where to go? 

 

Maryland Christmas Lights:

Winter Lights at Seneca Creek State Park
Location: 11950 Clopper Road, Gaithersburg, Maryland. November 27 through December 31, 2015 (closed December 25). Sunday - Thursday (closed Monday) 6 – 9 p.m. Friday and Saturday 6 – 10 p.m. $12 per car Tues-Thurs, $15 Fri-Sun. Pets are FREE!

I love this place because it is full of Winter Lights and they have over 350 illuminated displays  along a 3.5-mile drive through the park. 

 

 

 

The Washington, DC Church of Jesus Christ of Latter–day Saints

Location: 9900 Stoneybrook Dr, Kensington, MD 20895

This is also know to I-495 commuters "The Castle in Oz"  Or a Disney's Princess Home. .or my favorite when I'm stuck in traffic 'Highway to Heaven"

This is a Mormon temple an is open to all during the Christmas season. They have on display over 450,000 sparkling Christmas Lights, but the best part here is the live concerts and all is FREE!!

You can't miss this with your family. .

 

Winter Festival Of Lights at Watkins Regional Park

Location: 301 Watkins Park Drive, Upper Marlboro

November 27, 2015 through January 1, 2016. HOURS: 5-9:30 p.m. daily. $5 per car; $15 for mini-buses and limos; $25 for buses; $10 for multi-visit passes for cars and vans (good for three visits).

They boast to have over a million twinkling lights...and your gift is: 

They waive the fees on December 25 - Christmas Day - FREE ADMISSION

 

Washington DC Christmas Lights:

ZooLights at the National Zoo
Location: Rock Creek Park. Washington, DC.

This starts in November 27, 2015 through January 2, 2016. Closed Dec. 24, 25 and 31. Hours: 5-9 p.m. and is FREE Admission!

The National Zoo presents this seasonal display of thousands of sparkling animated lights every Christmas with  live musical performances, indoor animal exhibits, and much more. 

What a great place to spend one Saturday prior to Christmas...

 

Northern Virginia Christmas Lights:

Alexandria Holiday Boat Parade of Lights
Location: Old Town Alexandria Marina and Washington Harbour.

One day only. .December 5, 2015, 5:30 p.m. See dozens of festively decorated pleasure boats light up the sky along the Potomac River.

This parade begins at Alexandria's waterfront and travels to Washington's Channel at Water St. off of Maine Avenue and is part of Holiday Festivities in Old Town Alexandria

 Image credit: R. Kennedy for Visit Alexandria

Bull Run Festival of Lights
Location: 7700 Bull Run Dr., Centreville, Virginia.

November 18, 2015 through January 3, 2016. Hours: Monday - Thursday & Sunday: 5:30 to 9:30 p.m., Fridays, Saturdays & holidays: 5:30 to 10 p.m. This festive display of lights features penguins, snowmen, deer, candy canes and Santa. Monday – Thursday, $15 per car, Friday – Sunday, $20 per car. This event includes more than 40,000 animated lights set to music!

  

Your friends at www.ReallyNiceHomes.com wish that your heart be filled with the joy of giving this Christmas Season....

Merry Christmas!

 

Posted in Community Events
Nov. 26, 2015

A Thanksgiving Message

Happy Thanksgiving!

 
This image might not mean much to you at first, 
but wait until you read how proud I'm of my little girl and her lesson on Thanksgiving.. 
 
Today is Thanksgiving and it's a powerful day where families get together, share communion and fellowship while attempting not to eat or sleep too much..
 
But as you know, there is much more to Thanksgiving than turkey and pumpkin pie
Today is: "Gratitude Day" 
 
When we seem to forget of the every day blessings that surrounds us all the time...
 
Here's what I mean and how the picture above gave me the lesson of gratitude
 
You see, many times in our personal life and business endeavors we tend to look for heroes around famous people, the people that seems most everyone admires. .
Sports heroes, movie stars. .you know,  people of importance 
But what I found where the real heroes abound...
They are all around us and most often ...they are the ones we really love..
 
My 12 year old daughter was recently part of the Archdiocesan Altar Server Recognition Mass at the Basilica of the National Shrine of the Immaculate Conception
 


She was being honored for being an Altar Server at our local church for their unique contribution to the liturgical life in Church.
 
Being an Altar Server in our church does not come without sacrifices, 
Waking up early on Sundays without complaining..
No matter the cold, wind or the snow..you must show up
I see her full commitment and I admire her immensely for it..
Her discipline has been an example for me and the way I live and work
 
She is my baby, but she is also my hero . . 
 

 
Her mother and I  made it a very special day. . .
around all our family and friends 
We wanted to tell her that her sacrifices were being noticed 
and she certainly deserved all  the recognition . .
specially coming from us , her parents. . .
 
I'm thankful that I get to share my life with her. . 
I'm thankful for her heart and compassion
I'm thankful that she sees life as an opportunity to serve
and the joy it brings her is contagious.
 
Wishing for you to find the hero on each person around your table today..
 
With bountiful harvest of joy, happiness and blessings.
Peace, Compassion and Love.. .
Happy Thanksgiving Day! 
 
Fernando 
www.ReallyNiceHomes.com
 
Fernando Herboso
    Herboso & Associates llc
         BROKER Black diamond (cards) REALTOR® 
    
Maxus Realty Group 
 
     
Office 301.246.0001
Cell     240.426.5754
Fax      888.913.3535

My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. . .Quality representation is not expensive, its priceless!
 

 
MD-DC-VA
Our Core Values Are Based on. . .
Hope | Dreams | Security | 
Commitment
Peace of Mind | Second Chances 
Respect | Love|  Passion | Protection
Results | Integrity|  Excellence | Communication

 

Posted in Life
Nov. 16, 2015

How To Sell Your House

How To Sell Your House 

Thinking of selling your home yourself?

Thinking on selling your home on your own?

What is the best method?. .you may ask yourself

For Sale by Owner (FSBO) There are some people who sell their home the  FSBO way.

The majority of these sellers do it because they know the person they are selling it too. Most often this involves family members or close friends.

But in most cases they sell their own home to avoid paying a commission to an agent.

This is a risky move for anyone to try as it  reminds me of a time when I met one of my clients for the first time.. 

First, allow me to introduce myself.

My name is Fernando Herboso, I’m the broker for Maxus Realty Group in Montgomery County Maryland. 

I would like to take this opportunity to tell you about this client of mine that had to sell his home and was looking for ways to save money. 

He had a dilemma, as he was considering selling his home on his own in an effort to save commission,  but he also knew that selling his home as a FSBO was too time consuming and too risky for him.

Luckily he listened to my presentation as he realized that a very small percentage of FSBO are usually successful. 

Why try to overcome the odds and take on the difficulties of creating marketing systems just to sell one home?

I reminded him that my systems were already in place as my company  spends thousands of dollars each month making them run efficiently for all our listings...

That's when I decided to create a postcard that depicts clearly the difficulties for all For Sale By Owner candidates trying to save on commission fees.. .ignoring the facts that it takes time and money to market a home...if you want to achieve the highest value possible. 

Here is what we created: 

For Sale By Owner

 

The odds of overcoming the difficulties in selling a home by creating system from scratch.. .simply does not make any sense these days...

This is why my client realized that he had to employ the services of a full time real estate professional, (that is) if he wanted the odds on his side.

I introduced to all my “Home Selling Systems” one evening at his home. I showed him how we were able to attract buyers for our listings as we multiplied the number of showings by 10 in just the first 7 days we had it listed. 

The home was SOLD soon after in just in 27 days, and he  was able to save thousands of dollars on commission fees by "NETTING" more money at the closing table.

Should you decide, at any time, that you could benefit from the expertise and skills of a professional Real Estate Agent with a proven track record of success and marketing systems ready to promote your home..

I’m only a phone call away (301-246-0001) 

You are under no obligation and I can assure you that our meeting will allow you to explore your options even more so. . .

More Marketing Tips To Sell Your House:

 "The Video Series" 

 

Homes For Sale

Selling Tips To Help You Sell a Home - Why Pictures Are So Important

With more and more buyers turning to the internet to shop for a home these days, it’s important to make good impressions by  having good photos when listing your home - Don't Make These Mistakes!

 

 

 

 

Neighbor letter

Selling Tips To Sell a Home : "The Neighbor Letter" Strategy

 

This has been a very successful technique for the very few sellers and listing agents who use it. I’ve found many times that the buyer of a home is just a few yards away....One letter and you're covered.

 

 

 

Homes For Sale fro renters

Secrets of Marketing Homes to Renters : Tips To Sell A Home

 

 

This section describes unique ways to market your house to where the pool of buyers are congregate in one single place...Apartment Buildings nearby

 

 

 

 

Pricing Your House

Marketing Secrets to Price a Home To Sell : Be Precise, Concise to Entice With Your Price

 

There is a silent rule in the real estate world. There are contenders and there are pretenders. The pricing of your house reveals a lot about your selling offer in more ways than you can image. Don't be a weak seller

 

 

 

staging

Home Selling Tips: To Stage or Not Stage?

 

You may think you know the answer to this one. .after all... it is the latest craze among listing agents, obligating sellers to spend thousands of dollars with the illusion of higher returns. . Is it really a good idea?

 

 

 

Home not selling what to do

Home Not Selling? -- What Are Your Options? FORUM

 

Finding the reasons why some homes do not sell is not very hard...what is difficult is understanding what steps to take in case you fall into this unfortunate category. The "EXPIRED" List

 

 

 

Meeting Real Estate Agents

Tips To Sell A Home: Demand Your Agent To Tell You The True!

 

 

Unfortunately, the real estate agent industry is saddled with a poor reputation, Some agents lie all the time. . .not on purpose, but because some agents don't know the difference between truth and lies.

 

 

 

 

Pets when selling a home

Tips To Help Sell a Home : Get Rid Of Pet Smell Before You Sell

 

After all , they are man's best friends. .right?

NOT if you are selling your home! 

Your pet can create havoc to the sale of your house..Let's get prepared with these tips.

 

 

 

 

selling homes to women

Selling Tips To Help Sell a Home : Appeal To Women First

 

When it comes to making home-buying decisions, there are several significant differences between men and women. Understanding this concept will give you an advantage when selling your home.

 

 

 

 

Selling homes with renters inside

Selling a Home With Tenants: How To Sell a Rented House

 

 

The effort to sell a home can be complicated by the presence of a renter(s) making a mistake here could be costly. Checking your local rules and understanding them is important..then do this. . .

 

 

 

 

How Much Realtors Cost

Are Realtors Worth the Money? How Much Should They Cost You?

 

If you are contemplating selling your home in the near future, this question is paramount for you. How much should you pay to sell your house? The answer may surprise you. . .

 

 

 

 

 

Ads in Facebook to sell a home

Tips To Sell a Home: TARGET MARKETING YOUR HOUSE with FACEBOOK

 

Consider using Facebook to help get the word out about your home. We have our best return on investment from Facebook ads directed to the most appropriate group that may consider buying it. ..

 

 

 

 

Motivated Buyers for your home

How To Find Desperate Motivated Buyers to Sell Your House

 

 

 

After many years of finding buyers for all my listings, I have a few tips and tricks to help you find a very motivated buyer for your house...this is one of my favorites and very easy to follow...

 

 

 

 

 

open houses

Tips To Sell a Home: How To Use Open Houses To Sell Your Home

 

Open houses can help you sell a house, but only when you follow these rules. Don't make the mistake of allowing Real Estate Agents use your house as a prop.

 

 

 

 

 

Using Videos to Sell a Home

Selling Tips to Sell a House : Using Videos

 

With more and more buyers turning to the Internet to shop for a home these days, using videos are very significant and important to find buyer for your house. This is how I use my videos to attract. . .

 

 

 

 

 

top dollar for a home

5 Marketing Secrets To Get You TOP DOLLAR When Selling a House

 

 

Here I give you what I believe to be the "Top Five Marketing Secrets To Sell Your House for the Most Money" Surprisingly, I know many real estate agents are unaware of these secrets...not anymore.

 

 

 

 

hiring an agent

Home Selling Tips: How To Hire The Right Agent To Sell Your Home

 

By process of elimination, someone has hired the worst possible real estate agent to sell their home. This will prevent you form doing this. more and more buyers turning to the internet to shop for a home these days, it’s important to make good impressions by having good photos when listing your home

 

 

 

 

Homes For Sale

Real Estate Guide To Commissions : How Much Should You Pay?

 

Real Estate Broker's commission rates are not regulated in the US and are ALWAYS 100% negotiable.

 

When you decide to sell your house, if you are like most people, you will want to hire one - for the least amount of money.. .but is that really good for your equity? 

 

 

 

Selling Homes Fast

Selling Your Home FAST: Advice to Homeowners

 

 

One of the most challenging decisions  homeowners  make is about selling her house. This is compounded when you absolutely HAS TO SELL and Sell it FAST. DO not fall prey to these individuals... 

 

 

 

 

 

Point Of Sale in Homes

The Point Of Sale is Key To Sell Your Home For The right Price and Timing

 

The moment when a buyer decides to buy your house is a defining moment for you as a seller. We analyzes and study cases to emulate that point of sale. Understanding this and your home is 1/2 sold already.

 

 

 

 

 

negotiating

Selling Tips To Help You Sell a Home - The Negotiating " Trap" WIN- WIN? 

 

Using outdated methods to negotiate a sales contract to sell your house could cost you several thousands of dollars. I do not impose my moral beliefs on my clients to be fair to the other side...as long as I'm ethically correct and within the law... my job is to make the buyer pay as much as possible for the house I'm representing . .

 

 

Nov. 10, 2015

Contracts Class For Maxus Real Estate Agents

Contracts Class For Maxus Real Estate Agents 

A contract is a written or spoke agreement that it's intention is to be enforceable by law after two or more parties have agreed to it's terms

In Real Estate, we use it to have a legally binding agreement to purchase or transfer of real property.

As a real estate agent, your role stays within the boundaries of "fill-in-the-blanks" to direction of what forms to use. 

When a real estate form is being changed by striking off whole paragraphs, adding or introducing new verbiage (besides of the normal conditions of a real estate agreement ) The person doing the changes is practically practicing law and as a real estate agent, your duties does not extend this far. . 

Stick to your role and watch these two videos to understand contracts and know the answers to questions like these: 

  • What's the difference between a release and a notice of termination? 
  • Can The Contract of Sale change the compensation offered by the listing broker?
  • What happens if the Listing Broker reduces the commission after your offer was submitted? 
  • Is the Listing Agent  required to disclose WHY their prior contract has been terminated? 
  • Is reviewing the contract paragraph by paragraph with your client CONSTRUED AS PRACTICING LAW? 

 

CONTRACTS 101

(the first 3 minutes of this video is blank) 

See all the slides HERE*

 

How to Kill A Contract and Get Sued

 This presentation is where the nuts and bolts come together and how to approach contracts to protect yourself and your broker.

 

 

 

If you have questions, 

Please make a list of all your questions and send it by email to:

Fernando@ReallyNicehomes.com 

 

Thanks you!

 

Posted in Training
Oct. 27, 2015

5 Weird Spooky Facts About Buying a Home

5 Weird Spooky Facts About Buying a Home 

As you know, when you really think about it...the world is a big scary place with lots of danger and little spooky things crawling all around us at all times. To make matters even worse, you may have to also include real estate among all your fears.

With Halloween rapidly approaching, we are going to analyze the " Top Five Weird Spooky Facts About Buying a Home"

Sometimes what we fear is not real

Will Smith said it better...

“Fear is not real. The only place that fear can exist is in our thoughts of the future. It is a product of our imagination, causing us to fear things that do not at present and may not ever exist...danger is very real but fear is a choice.”

So what are the 5 things people fear the most when buying real estate? 

FEAR #1 : 

I need at least 20% Down Payment to buy a house.

Most loans are are under 10% down, with FHA loans going as low as 3.5% down..even less!

Some lenders are now even lending with as little as 2% down on some special cases..

FEAR #2 : 

I need at least 780 Credit Score to buy a house.

The average credit score on approved loans is 723.

I have a loan officer that helps my clients fix their credits and can get them started in the 600's credit score range. .

Buying Homes Can Be Scary

FEAR #3 : 

Getting Approved for a Mortgage is HARD and a lot of work!

Did you know that 71% of all loans applications get approved....all you have to do is try it by contacting your trustful professional..Too many people are disqualifying themselves by thinking erroneously...don't fall under this trap.. .you need someone else to disqualify you.

FEAR #4 : 

There is not enough money out there for banks to lend.

The mortgage credit availability to obtain a mortgage loan has increased SUBSTANTIALLY just in the last 7 months. More banks and lending institutions are relaxing their requirements because the money they have to lend is accumulating and sitting around waiting for more applicants.

Credit Mortgage

FEAR #5 : 

I'm afraid I lose my job and not be able to pay for my mortgage

You have to live somewhere anyways... and besides, a landlord is LESS forgiving than a mortgage holder when you have a temporary setback like losing a job or getting sick. 

"A landlord will evict you 10 times faster than a bank foreclosing your house"

Buying a house is scary by itself, specially if you are a first time home buyer -- Make it easier for you by contacting a real estate professional.

Be clear on your fears by knowing the buying process inside out ...with the help of your Realtor.

 

If you are looking to buy a home in MD, DC or VA let us guide you.

We know the process and our agents are ready to help you.

Give us a call 301-246-0001

Happy Halloween!

Really Nice Homes

301-246-0001

Maxus Realty Group

www.ReallyNiceHomes.com