Ask Fernando

How do I raise cash to purchase Real Estate for myself or investments?
First the truth about mortgage institutions, if you were to call a lender today and say, "I want to buy this great home for $100,000 dollars and I want you to lend me $90,000 and I'm going to borrow the other $10,000 from my credit union... :: More ::

How do I do it with no cash?
To refer to this section as real estate investment is actually wrong. What we will be discussing is actually no investment at all! And in one case, you could almost call it reverse investment... :: More ::

What can you tell me about flipping properties?
I am now, going to show a way to flip properties and how to find the creative financing method which although is perfect for the right situation, can be unatainable if by now you don't realize that my help as a profesional is the KEY thing for you... :: More ::

Fernando, What About The Bubble?
The general consensus today is that there is a real estate bubble ok where? I just dont see this bubble. Values in the North East have historically increased over a period's time. Land is not being made anymore!... :: More ::

Why Should You Buy Real Estate As Investment In Maryland?
The stock market, the bond market and savings account simply cannot provide the return that one can make in real estate. Why? Because this is the only investment set up where you can get your initial capital back and create wealth. Here are several reasons that Real Estate, in my opinion is the best investment one can make. :: More ::

Fernando, how can I find HUD properties?
Well, let's start and find out where HUD properties come from in the State of Maryland. HUD issues mortgages to assist people in obtaining loans to purchase real estate through the Federal Housing Administration (FHA). It then acquires property from lenders that foreclose from unpaid mortgages on FHA-insured loans. They then sell these properties to the public. :: More ::

How do I initiate the buying process for a HUD property? How much money is needed?
Bids for HUD owned properties must be submitted through a real estate agent. Your bid will be submitted either over the phone or through HUD's Web site. We follow the rules and process for our clients by giving them the best advice and chance in getting the property they want to purchase. :: More ::

Are there any conditions I need to know when purchasing HUD PROPERTIES?
Before anyone can bid on HUD owned property, there is a 5-day period allowing only potential occupants (not investors) to bid. They will prefer that the general public have a chance to purchase a home to live in. . . This is the only time the consumer is allowed to present a contract for a property knowing that investors will not be competing with you. :: More ::

Fernando what about Sheriff Auctions for buying Real Estate? What's the risk?
If a homeowner who is in the foreclosure process does not sell their house in time then the house will go to public auction. Public Auctions or Sheriff Auctions are not for the novice real estate investor. Generally they are the most risky time to purchase foreclosed property. :: More ::

Fernando Why Isn't My home Selling?
Seven reasons why your home isn't selling is:
If you have had your home on the market for several months and haven’t seen much activity or any offers, chances are that one of the following seven reasons maybe the blame... :: More ::

Fernando, how can I tell my Realtor is good?
If you are buying bananas, or hiring a Realtor...
Are you making the right choice? You can usually pick and feel the right bananas at your grocery store, but hiring a Realtor requires more than looks, feel and if they look the part. :: More ::

Fernando what about remodeling and repairs before I sell my house?
The majority of my clients come from Montgomery, Frederick and Washington counties. We choose to live in this area because the atmosphere and the environment we should all seek for our families. In the Washington Metro area, our standard of living is high and we choose to call this area our home. :: More ::

Fernando, can I borrow to come up with a Down Payment?
The short answer is YES... for the most part, technically you aren't allowed to borrow to come up with your down payment. However, there is a major exception. If the loan is secured against some asset, you can borrow the funds. :: More ::

Fernando, real estate in Montgomery and Frederick counties have appreciated considerably these past few years, I own real estate investments in Gaithersburg, Montgomery Village, Germantown and Frederick. . What’s the future for all my real estate properties?
Of course, I’m not a person that can see the future and I can only speculate about the future of real estate for Montgomery and Frederick counties. Your investment properties are dependent of the economy and the future job growth of the State of Maryland. :: More ::

Fernando, I’m looking at CONDOS FOR SALE in Germantown, Montgomery Village, Gaithersburg and Frederick. . What is the best real estate buy. . . CONDOS or Townhouses for sale?
For single people or couples with no children, many condominiums offer such security features as private entrances, secured parking and convenience. A condo could be your best choice if you are willing to put up with a little noise. :: More ::

Fernando, I need to SELL MY HOME in Frederick FAST, I’m going in Foreclosure soon... can you help me?
Our company can help you sell your home in Frederick MD by placing it on our Real Estate Investor Database and get you offers from interested investors within days. Our listing may get you up to 10 offers within 10 business days... :: More ::

Fernando, what about Real Estate Frauds. . How can I protect myself before I buy Real Estate in MD?
I take this very seriously, as an owner for a Keller Williams franchise and the Team Leader/Founder of Herboso & Associates my stand against “shady deals” are strong “NOT IGNORED”, my advice to both Buyers and Sellers is to tell you here now... :: More ::

Fernando, what about all these record foreclosures, how will they affect me? I live in Rockville Maryland and there is one foreclosure to houses down my street.
The Foreclosure BOOM is upon us with foreclosures across the country up 72% over last year and likely hitting over 1,200,000 this year alone! The potential for profit-making from the Foreclosure BOOM is astounding, but only those persons who are educated about where and how to buy them... :: More ::

Fernando, what’s your take on real estate in Maryland for the next year? Up or Down?
Things have come full circle. Location counts again. That’s why the hot Washington DC real estate (That’s right!, all real estate is local and DC is considered one of the best markets in real estate today.) – at a second level there are also a handful of other places around Rockville... :: More ::

To see more, click here.