Buying a home is an exciting experience, but it can feel a bit overwhelming if you don’t have the right information. Check out these helpful resources about the home buying process. When you’re ready, give The Lise Howe Group a call at 240-401-5577 to tour available homes in the Montgomery County and Bethesda areas.

Do Rising Rates Impact Home Values?

Face it. Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many who follow the Fed are projecting that rates could increase to 5% by the end of the year.  Do rising rates impact home values? How do rising rates impact values? Many quickly jump to the conclusion … Continued

Bankruptcies and Foreclosures Remain on Your Credit Report – But Not Forever

Bankruptcies and Foreclosures Remain on Your Credit Score

Bankruptcies and Foreclosures Remain on Your Credit Score typically for seven to 10 years.  After bankruptcy or foreclosure, your credit score may drop more than 200 points. However, a borrower who works hard to reestablish good credit may be viewed more kindly the lender. In addition, the circumstances surrounding the bankruptcy may also influence a lender’s … Continued

How to Present the Best Offer on Your Dream Home!

How to Present the Best Offer on Your Dream Home Here is how to present the best offer on your dream home! You decide to make an offer on the home you love and you want it accepted, or at least you want to reach agreement with the seller after some negotiations.  You go into … Continued

Ten Reasons to Buy Title Insurance

Have you ever wondered why you need to buy title insurance? Your home may be new to you, but every property has a history – even new construction. A thorough title search can help uncover any title defects tied to your property. And, subject to the terms of the policy, your title insurance provides protection … Continued

The Federal Reserve Interest Rate Increased

Present the best offer

The Federal Reserve interest rate increased one-quarter percentage point for the third time this year. The action concludes a hastened 12 months for the policymaker, which raised the rate in March and June, as well as once in 2016 and once in 2015. It forecasts three rate raises in 2018. “Hurricane-related disruptions and rebuilding have … Continued

Existing Home Sales Increased in November 2017

Bankruptcies and Foreclosures Remain on Your Credit Score

Existing home sales increased in November at a rate not seen in more than 10 years, the National Association of REALTORS® (NAR) reports. Existing home sales increased to 5.81 million, a 5.6 percent increase from October and a 3.8 percent increase from one year prior. Inventory decreased 7.2 percent to 1.67 million, 9.7 percent below … Continued

The IRS Annual Gift Tax Exclusion-Better Than Fruitcake!

IRS Annual Gift Tax Exclusion

Lets talk about the IRS Annual Gift Tax Exclusion! If you are thinking of buying a new home or someone near and dear to you is thinking of buying, this may help!  You can receive or make a significant cash gift for use toward that purchase if you plan ahead. The House and the Senate … Continued

The Promenade – Unit 222 S is Open Sunday from 1 to 4

Unit 222 S at the Promenade is open on Sunday from 1 to 4 for your viewing pleasure! Unit 222 South at the Promenade is listed for $190,000.  What better place to call home!  Why Live at the Promenade in Bethesda MD 20814? There are several reasons to choose the Promenade over the many other options … Continued

Lise Howe Just Sold 205 Yoakum Pkwy Unit 402

The Lise Howe Group just sold 205 Yoakum Pkwy Unit 402! This is a one bedroom condo at Watergate at Landmark in Alexandria VA 22304.  As you know, everyone loves the Watergate at Landmark condominiums for all the amenities offered.  Truly, what other condo offers a gated community, outdoor and outdoor pools, putting green, tennis … Continued

Maximum Conforming Loan Limits Increase in 2018

IRS Annual Gift Tax Exclusion

Last year, the Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages. This affected mortgages acquired by Fannie Mae and Freddie Mac.  This was the first increase to the maximum conforming loan limits since the housing crisis began in 2006.  And now, the FHFA is doing it again! FHFA has increased the maximum conforming loan limits for Fannie Mae … Continued