Archive for Sellers

Free eBook “10 Mistakes Home Buyers Make!”

Many potential home buyers have downloaded my free eBook “10 Mistakes Home Buyers Make” and have told me how it saved them money on their home purchase. Here is the list of 10 mistakes you should avoid. Download the eBook, its free (you need Adobe Reader) and it could save you  money also. I look […]

Posted by: najirashid on Monday, October 24th, 2011

Vacant Homes Pose Insurance Risks

As the U.S. housing market struggles to rebound, many homeowners are stuck with hard-to-sell properties longer than expected. Some frustrated home sellers who much relocate for a new job opportunity, want to downsize or simply want to buy a new place have left homes empty. Vacant or unoccupied homes can leave the homeowner exposed to […]

Posted by: najirashid on Thursday, August 5th, 2010

Fannie Mae Intensifies Penalties for Strategic Defaulters

Fannie Mae is boosting penalties for strategic defaulters by prohibiting them from getting a mortgage, backed by the company, for seven years from the foreclosure date. Fannie Mae says it will also take legal action to recoup debt and will be instructing services to monitor delinquent loans and recommend cases that need deficiency judgments. In […]

Posted by: najirashid on Thursday, June 24th, 2010

Who is a First-Time Home Buyer?

“First-time home buyer” is defined by the Cranston-Gonzalez National Affordable Housing Act of 1990. The code specifies: The term “first-time home buyer”  means an individual and his or her spouse who have not owned a home during the 3- year period prior to purchase of a home with assistance under subchapter II of this chapter, […]

Posted by: najirashid on Tuesday, May 5th, 2009

CEO Kelly on CNBC: ‘It All Depends on the Stimulus Plan’

On January 5, 2009, Dave Liniger Chairman and Co-Founder of RE/MAX International met with Broker/Owners to discuss the state of the real estate industry. One of the key statistics that stood out for me was short sale properties and bank foreclosures were going to be 30-40 percent of the real estate transactions over the next […]

Posted by: najirashid on Friday, February 6th, 2009

Carbon Monoxide Alarms Mandatory For New Constructions!

Effective January 1, 2008, all newly constructed dwellings including a one or two family dwelling, multifamily dwelling, hotel, motel, or dormitory must have Carbon Monoxide Alarms. I believe this is a major step in the right direction. Unfortunately, so many people do not take carbon monoxide serious. Below is so good information on carbon monoxide […]

Posted by: najirashid on Monday, March 3rd, 2008

Maryland’s Education System Ranks Among Nation’s Best!

I received the following information from Nancy S. Grasmick the State Superintendent of Schools for the Maryland State Department of Education. Ms. Grasmick stated the following. “Education Week, the nation’s leading education newspaper, recently published its 2008 “Quality Counts” report- the Consumer Reports of education. For the first time in the 12-year history of this […]

Posted by: najirashid on Thursday, February 7th, 2008

What Is A Short Sale?

For the past week I have been forwarding properties to my clients with the following remarks in the listing, “property subject to third party approval- short sale.” Some of my clients have called me wanting to know “what is a short sale?” This is what I explained to them. For homeowners who can no longer afford […]

Posted by: najirashid on Tuesday, January 22nd, 2008

Saturdays Home Buyer Seminar Highlights

Guess What? The majority of Saturdays attendees were already homeowners. They came for information on obtaining second homes and investment properties. The most popular question was “is it a good time to buy?” I explained to them the 4 reasons why now is a good time to buy. 1. Low interest rates. 2. Stable prices. […]

Posted by: najirashid on Monday, January 21st, 2008