What you don’t know can cost you time and money when it comes to selling your house. The best source of information is your real estate agent, and we’ve put together a growing list of helpful resources about the home selling process. When you’re ready, call The Lise Howe Group at 240-401-5577 to discuss how we can help sell your house.

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After the Mortgage Holder Dies

after the mortgage holder dies

After the mortgage holder dies, there is frequently confusion in the family and heirs as to what the next steps are to be taken. Most people expect to pay off their mortgage and live in their house during retirement. Unfortunately, life doesn’t always go according to plan. If a homeowner dies before paying off the mortgage, it could have implications for the estate and the person’s heirs. Discussing the future and preparing for that possibility can make the transition easier on family members.

Your Choices When You Inherit a Property

Get a home inspection!

Your choices when you inherit a property range from selling it to renting it to moving into it. What is the best choice for you? When someone passes away, his or her house is generally left to a family member. Figuring out what to do after inheriting a house can be confusing and overwhelming, particularly when it is unexpected or when siblings become joint owners. Frequently people rush to make decisions, or they put off making important choices. Either can lead to more financial costs and stress.

Real Estate Agent, Broker or Realtor – Explained

Not all agents are Realtors

Real Estate Agent Broker or Realtor – you may work with one of these professionals when buying or selling a home. Though all of these real estate pros are licensed to help you buy, sell, or rent a home, they are distinct from one another, especially when it comes to their qualifications and which rung of the professional ladder they occupy. What is the difference between these agents? Which should you choose to protect your interests?

Selling in a Transitional Market

Selling in a transitional market requires special preparation and awareness of reality. The phrase, transitional market, refers to a period of time between a seller’s market and a buyer’s market. There are lots of posts that explain how to sell in a buyer’s or seller’s – but few that focus on what to expect and how to attract qualified buyers to your listing in a transitional market.

Whitley Park Townhomes on Pooks Hill

Whitley Park is a small community of brick and siding townhomes and a high rise condo building set on the edge of Bethesda and just south of Rockville, within easy access of the Beltway, I-270 and the metro With a large community pool, covered tennis courts, and fitness center the Whitley Park offers a wonderful lifestyle whether you are downsizing or just starting out.

Kenwood Forest I

Kenwood Forest I is a community of townhomes converted from apartments in the late 1970s to early 1980s. It is at the intersection of Bradley Blvd and Fairfax Road. The townhomes are set in courtyards and surrounded by mature trees. The community is very pet friendly and people enjoy walking their dogs on the Capital Crescent Trail or into downtown Bethesda.

Remodel Your Bathroom for Sale

soaking tub home warranty

Remodel your bathroom for sale if you plan to list your house in the future. A dated bathroom may cause prospective buyers to pass on your house, even if it’s filled with other appealing features. The good news is that you can recoup a substantial percentage of the money you invested in bathroom remodeling if you do it wisely. Fortunately, you don’t need to completely gut your bathroom and spend a fortune to increase your home’s value and appeal to prospective buyers.

Why Sellers Say No to VA Loans

Why sellers say no to VA loans is a frequent question I am asked in a sellers market. When the market favors sellers, they may have several offers to choose from. Many sellers reject VA loans because they hear that they take longer to close or that appraisals may be difficult. As you prepare to list your home, you may consider which kinds of loans you are willing to accept when you review offers to purchase your home. While a great program for the buyer, they can initially be a bit off-putting for sellers. There are a couple of VA loan requirements for sellers to keep in mind to make the process a smooth one.

Both FHA and VA loans have been around for years, and they’re backed by solid guarantees from the Federal Housing Administration and the Veterans Administration, respectively. Yet in a recent survey by the National Association of Realtors, only 30% of sellers say they’d likely accept an offer from a buyer who’s planning to use an FHA or VA loan. By contrast, 89% of sellers would likely accept an offer from a buyer with a conventional mortgage.