Real Estate Expert Answers - DROdio Real Estate, Inc., VA/MD/DC

We have a new service that I’m very, very excited to introduce, which allows both consumers and REALTORS to map out the most efficient route between properties. We’ve been using it internally and I’ve been blown away by how useful it is. It’s integrated into our MLS search tool, www.TheBestHomeSe...

In addition to DROdio Real Estate, we also run a commercial brand, Cardéa Commercial. We are hard at work on a new tool for our commercial lease & sales clients called Maptimizer.com. In fact, we think it’s so good that we’ve filed a patent on it (you can click on the image below to enlarge).Here...

We have a "pick 2" rule that, just like the laws of physics, we've found to be true in all cases when you buy a home. Here's how it works: When you buy a house, you have to choose between three aspects of buying the house:The priceThe locationThe conditionAnd you can only pick two of the three! Y...

A user named Paul writes:I haven't used www.TBHSE.com but www.BirdsEyeSearch.com is one of my favorite websites. I'm a commercial banker and I use it to analyze and see what homes are selling for in certain areas. I actually was looking for a site just like this one a few years ago but never foun...

Auctioned properties are a whole world of their own. Many auctions happen as a result of foreclosures. For details on those auctions (which are commonly held on the courthouse steps) you should read this FAQ.However, other auctions can be held by private auction companies. There are a few things ...

These numbers are referring to the way loans are structured in a purchase.For example,� imagine a $100,000 purchase price for ease of numbers.With an 80/15/5, the buyer would be:Getting an 80% first trust loan (this is his primary loan), or $80,000.Getting a 15% second trust loan (this loan is at...

Conforming loan amounts are loan amounts under $417,000 (as of 2007).This number is set by Fannie Mae at the end of each year. (The limit back in 1980 when this standard was set by the US Government was $93,750).If a lender wants to be able to easily sell the loan on the secondary market, they ha...

A client writes:I've been hearing about VA loans. Are those loans meant only for people who live in Virginia?No! VA loans have nothing to do with Virginia, although many people make that mistake.Here is a good definition of VA loans:More appropriately termed "VA Insured Loan." A loan for which th...

What is the “MLS”? (And, how to search like a pro!)The "MLS" stands for "Multiple Listing Service". It's the big database that all real estate agents use to list homes. Only agents have full access to the MLS, but we've created three websites which pull the MLS data and show it to you in creative...

What is the “MLS”? (And, how to search like a pro!)The "MLS" stands for "Multiple Listing Service". It's the big database that all real estate agents use to list homes. Only agents have full access to the MLS, but we've created three websites which pull the MLS data and show it to you in creative...