Silver Spring MD real estate listings and homes for sale, home buying, home selling information – RE/MAX Allegiance

Muntjan Junction

Just Listed! 15109 Athey Road Burtonsville, MD 20866

August 31st, 2011 1:14 PM

$329,900.00
15109 Athey Road

Burtonsville, MD 20866

Beds: 3	Rooms: 13
Full Baths: 2	Sq. Ft.: 1584
Garage: 1	Built: 1985

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

If you have any questions
about this property or
require more information,
please feel free to call.

Paul Muntjan
RE/MAX Professionals
3015722226
www.MarylandHomes.org

Visit this listing here

Posted by Paul Muntjan on August 31st, 2011 1:14 PMPost a Comment (0)

Just Listed! 8412 Flower Hill Terrace Gaithersburg, MD 20879

July 24th, 2011 6:00 PM

$325,686.00
8412 Flower Hill Terrace

Gaithersburg, MD 20879

Beds: 3	Rooms: 13
Full Baths: 2	Sq. Ft.: 1680
Garage: 1	Built: 1982

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

If you have any questions
about this property or
require more information,
please feel free to call.

Paul Muntjan
RE/MAX Professionals
3015722226
www.MarylandHomes.org

Visit this listing here

Posted by Paul Muntjan on July 24th, 2011 6:00 PMPost a Comment (0)

Recent Q & A on REO Information

January 17th, 2011 3:56 AM

Q. What does REO mean?
A. REO is an acronym for Real Estate Owned which is a financial industry term referring to properties that a banking institution has foreclosed upon and now owns.

Q. How is this different from the typical buying process?
A. When considering a bank owned or REO property - as with all properties - it is important to be well informed so you’re well aware of the process from the first handshake through closing.

Q. If I submit my offer through a buyer’s agent rather than through the listing
agent, will the bank accept a lower price?
A. Banks only accept offers that have been submitted through the listing agent. They price the REO properties in accordance with the local market and expect to sell at market value. As with any property listing, the asking price takes into account its condition as compared with the local market.

Q. After submitting my offer, how long should it take to receive a response?
A. Once your offer has been submitted, the listing agent will inform the buyer or buyer’s agent of the banks response as soon as possible. If an offer is submitted during the weekend, it will be reviewed on the next business day.

Posted by Paul Muntjan on January 17th, 2011 3:56 AMPost a Comment (0)

Foreclosure Prevention

May 28th, 2010 9:40 AM

Whether you know someone that is having a difficult time making their home payment, or is interested in buying a home, education is a key element in making a good decision. For example, where to get information on foreclosure prevention options available and/or how to buy a home, what are the requirements to obtain a loan, etc. As a CDPE I make sure my clients know how the process works and their options, so that thay make a sound decision. Another way is to go to "Foreclosure Preventions Forums" such as the one on Saturday June 19,2010 in the Clinton Library. Click below to see their flyer.

http://www.financialenrichment.org/documents/AKA-LIFE%20Foreclosure%20Workshop%20Flyer-B.pdf

Below find some websites that might be helpful:

The Home Affordable Refinance Program
www.MakingHomeAffordable.gov

HOPE NOW
www.HopeNow.com

Fannie Mae Loan Lookup
http://loanlookup.fanniemae.com/loanlookup/

Freddie Mac Loan Lookup
https://ww3.freddiemac.com/corporate

If you have any questions feel free to contact me for a confidential consultation.

Posted by Paul Muntjan on May 28th, 2010 9:40 AMPost a Comment (0)

HAFA (Home Affordable Foreclosure Alternative) program

April 28th, 2010 9:13 AM

Seems like HAFA is everywhere, are you wondering what exactly is it? It is a government program that aids eligible homeowners by pre-approving short sales before listing and releasing them from future liability for the first mortgage debt.

Below find a short and informational video about HAFA, feel free to contact me with any questions you may have.

Posted by Paul Muntjan on April 28th, 2010 9:13 AMPost a Comment (0)

Introducing the: PM Home Blog

February 18th, 2010 7:16 AM

Real Estate at the end of 2009 ended on a positive note. The Real Estate Market is showing signs of recovery. Real estate sales were up over 7% last month for sales of existing homes. This increase was due mainly to the First-Time Home-Buyer’s Tax Credit which was due to expire, originally, on November 30, 2009. Low interest rates and low home prices have also been a boost to real estate sales.

It is anticipated that interest rates will start to rise, hopefully, stabilizing at about 5.2%. Reports from the Wall Street Journal say that Ben Bernanke himself, Federal Reserve Chairman, recently locked in a refinance loan on his home. This is a possible indication that the current rates are the best that we are going to get.

Data currently shows that real estate sales, for the time being, are on the rise. This should continue as long as the interest rates are low and the tax credit remains usable.

It is uncertain what will happen in the second half of the year 2010; but for now the good news is that everything looks a lot better than it did a year ago!

To comment on this blog or anything you may see in the Newsletter OR if you have any topic you would like to discuss, please post your comments on PAUL’s website, http://www.MarylandHomes.org, in the “blog” section. You may also contact PAUL directly by e-mail at info@MarylandHomes.org or by phone at (301) 572-2226.

Posted by Paul Muntjan on February 18th, 2010 7:16 AMPost a Comment (0)