The weather called for snow and ice and rain etc. Most of the schools are closed but it is a most beautiful morning in Baltimore. Yes, it's still snowing and it will probably freeze. But right now it is so pretty. A light snow that is covering the trees and grass but the streets are clean and safe.  This is a special snow day. Here is a photo taken without leaving my house. This picture is not so clear because of the snow. I am enjoying this beauty!www.HomeRome.comBaltimore,Md  02/13/2007

 Bad Credit Home Loans  Obtaining a home loan with bad credit has actually never on earth been easier than it is today.  Find a good foreclosure deal.  If you can find a property that has 10% - 20% in equity, you may have an easier chance getting financing on that property. To the lender it may be practically as good as if you had a big down payment on the property. An assortment of lenders will consider the home loan to first-rate ratio once more if they analyze the loan. Talk to your mortgage lender and know if this factor could help you take up qualified.  Try Creative Financing asks if the seller would be happy to carry back a second mortgage on the home. This is where you write up a contract or agreement with the seller that you will pay them monthly payments, including interest of... 02/12/2007

Are You a Baltimore BUBBA? Home Buyer Unrepresented by a Buyer's Agent The majority of people, whether in the real estate business or not, have pay attention to of the FSBO a for Sale by Owner seller. The short form has been used for relatively awhile as there has constantly been a sector of the market that decided to sell their home straightforwardly to a new buyer. Nevertheless, there's a new acronym being utilized by Realtors these days. BUBBA or Buyers Unrepresented By a Buyer's Agent. It is making its way into the real estate agent terminology for the reason that this market segment is on the rise. In 2006, according to the National Association of Realtors 2006 Profile of Home Buyers and Sellers, almost a quarter of all sales (23%) were Bubbas. Even though numerous of these home bu... 02/11/2007

Well, It finally happened. As agressive as I want to be in this market, I had to turn away a listing and possibly give it away to a competitor. They wanted to place their home 25 % above the going market of any comp in the area. I have worked way to hard for the ones that I currently have that are over priced and have to draw the line. If someone wants to sell their home at the best price I can suggest to them to sell in a timely manner, that is what I can do for you. The market will only bring what it will bring. I am a real estate agent, not a magician. The job is to sell your home as you want it to, not to have it drag on and potentionally turn into an issue and hurt feelings and worst of all, the loss of the sale when it can happen. I want to have your home sell more than YOU want t... 02/11/2007

 With home prices going down now in some Baltimore markets, the skepticism is starting to emerge more often, "Is nowadays a decent time to buy? Nevertheless there’s a risk that it possibly will go down in value, why, if truth be told should anybody buy a home as an alternative of renting?" It may perhaps be true that renting is cheaper than buying right now, but in the past, but rents will go up sooner than later. Rents always have, and they always will. That takes us to the number one incentive to buy a home, which is the very reason rent always goes up: Appreciation or Net Worth – On behalf of most Americans, buying a home is the smartest economic option they will ever accomplish. According to the Federal Reserve the discrepancy in net worth between homeowners and renters is astronom... 02/08/2007

In my first blog I commented on how it was tough in the begining. Well, that itself is tough enough . Tougher yet is getting sellers to understand that the house they are selling in todays market is not going to bring what their neighbors house brought last year.Everyone thinks what they have is worth more than the next guy, and sometimes it is. Most times it is not. Whats a new agent that is just wanting to do the right thing and price the house right to sell so that his job is complete to do ? Turn down a listing ? It is hard to do that due to there being some other agent that will take the listing just to get it. And they will lock it up and waste their clients valuable time and get their hopes up. In this market, you think the right thing to do is to tie up as many listing as you ca... 02/07/2007

  Buying Baltimore foreclosures can be lucrative. A lot of people have made fortunes doing this. There are quite a few types of foreclosure condition, in the midst of the most widespread ones being late mortgage payments, tax liens, and homeowner association dues. Tax foreclosure sales are more often than not conducted by law enforcement officers (such as a sheriff) or other officials of the taxing jurisdiction. Mortgage foreclosures are characteristically carry out by a trustee selected by the mortgagee or lender. These sales take place in a public auction where bidders may bid to buy the home. The normal foreclosure sale takes place at a public site, such as a county court house. A lot of home buyers would want to bid on foreclosed homes but for one simple reason: lack of money. The f... 02/06/2007

  It's not as tough as you imagine raising your credit score. It's a well known piece of information that lenders will give individuals with higher credit scores the best interest rates on mortgages, car loans and credit cards. If your credit score drops under 620 immediately getting loans and credit cards with practical terms is difficult. Presently there are more than 40 million people in the United States that have credit scores below 620 and if you're almost certainly wondering what you can do to raise credit score for you. Here are six easy tips that you can use to raise credit score Get a copy of your credit report Getting a copy of your credit report is a good idea since if there is something on your report that is inaccurate; you will raise credit score once it is deleted. Make ... 02/04/2007

  A bunch of people get a mortgage from the bank to be capable of buying a home. In view of the fact that the bank maintains the deed, in theory it does not belong to the home buyer until this has been completely paid. If the person is not capable to continue the payments, the home is foreclosed.   Big banks have a bundle of this idle Bank foreclosure REO. A number of of these are commercial while others are residential and given that the bank does not get anything from hanging on to foreclosure homes, it is best to either sell it or have it auctioned of  Must people who want to buy property should think of investing in foreclosure homes. Yes because the majority of these have clear titles and ownership rights, which saves time in doing the research. An extra benefit is the reality that... 02/03/2007

 Credit repair companies say they can delete negative information from credit reports. Marketing them self’s as Credit advisor's, Credit Rating Correction Services or Credit Consultants, they broadcast variations on these ads:  Turned down due to bad credit? We can help out!  Countless of these companies charge hundreds if not thousands of dollars for the promise to cleanse up bad credit reports. Nevertheless the truth is, this business can only do what you could do yourself at no charge. No one can remove negative information that is correct from your credit report. No company has a hush-hush ability to get rid of all negative information. However this doesn't stop their claims. This misleading quote is from a credit repair company brochure: Charged-off accounts, collection accounts, ... 02/02/2007

Selecting the Best Baltimore Mortgage Rates   Your objective is not merely to locate the best rates and programs, by looking through a massive number of lenders products, and save yourself thousands of dollars on mortgage payments every year, nevertheless also, to save time and bother by making it simpler the loan process and reducing the paperwork. At this juncture here are some things you can keep in mind when selecting a mortgage provider.    1. Search for Baltimore Mortgage Rates   You ought to apply securely on line and get immediate on line free quotes.   2. Apply On line    Apply On line with secure  web site.   3. Get pre qualified    Discover out how much money you can borrow for your home purchase!    4. Get Pre Approved     Obtain a free, no commitment pre-approved letter th... 01/28/2007

             It is January 27th and it is 7:30 am. This is happening right now in Baltimore, Mind you the temperature is 21 degrees and the water temperature is a whopping 36.5 degrees. Lots of people are jumping in and exposing themselves for charity. Here is the information about this yearly event in Maryland:http://www.somd.org/plunge/WhatsThePlunge.html"Expose yourself to the coolest event of the year!Expose yourself to the 2007 Polar Bear Plunge and you'll be exposed to a spectacle like no other! For just $50 in pledges, Plunge participants take a quick dip in the Chesapeake Bay to raise funds for Special Olympics Maryland, the state's largest year-round organization devoted to sports training and competition for children and adults with intellectual disabilities. Anyone can partic... 01/26/2007

 So you've decided to sell your home. Seeing that you know, buying a house is the most significant purchase a purchaser can make.   So it's logical that when potential buyers come through your house, your home will be scrutinized like it's never been before (well not ever since you bought it anyway!). Everyone knows you in no way get a second opportunity to make a first impression, so contemplate implementing the following cost-effective idea, before you greet any potential buyers. Reflect on the view that people see at what time they first drive up.  To make sure that you don't send any possible buyers running down the driveway prior to having them even see the house, make sure the outside of the home is immaculate. Paint or wash as required and don't overlook to mow the lawn and spru... 01/26/2007

Any and all comments on the following blog are my personal opinions and for purpose of information sharing ideas and best practices.As a relatively new agent in the market, just my luck to face a market that has come to what many feel as a dead market. I can see where many feel that way as I have heard so many stories about high dollar commission checks that had no end in sight. While I have not gotten rich, not yet anyway, the market has been all that I was promised coming into it when I started. No it is not easy coming into the market when I did. As tough as it has been, it does not seem to be that difficult to make a dollar to provide truly quality services. HONESTY is going to be the service that pays off in the long run. I have had a few opportunities to not be up front and possib... 01/25/2007

 Once you add up all the mulla that you can splurge on home appliances and fixtures it becomes evident that you have to spend sensibly and cautiously to maintain costs under control. This stuff have a tendency to be some of the bigger ticket purchases around the home and plenty of money can be wasted if buying isn't done correctly. One of the most valuable suggestions for buying appliances and fixtures the clever way is to make a decision before you start shopping precisely how much money you desire to spend, or what will fit in your budget. Amazingly, this is often not done until the buyer is already in the store. Regrettably, the heart habitually takes over when glancing over the hottest high-tech gadgets and features on the item being considered and results in the purchase of a much ... 01/24/2007

  This is what a typical house looks like in a Baltimore neighborhood.  Here is a similar home with an addition.                                     These 2 houses are now where a "typical" house used to be.   This colonial was a brick rancher just a few years ago. This is what is happening in a desirable neighborhood called Cheswolde in Baltimore City. You find an area that you want to live and you make the house fit the needs of your family.  Any property that can be subdivided is being sold for the extra lot. Additions and new houses are "popping" up.  On my morning walk today, I took all of these photos. Here is piece of land that used to have a house. Will there be one or two homes in the future? Will it be big or small. Guess it depends on what the people need. I will have to wait... 01/24/2007

Baltimore First time home buyers are questioning me lot. They regularly ask questions. A frequently question is, "If I obtain a home inspection, must I still acquire a home warranty?" followed by there's always this question, "If I purchase a home warranty, do I still have to get a home inspection?" The option of obtaining a home inspection and purchasing a home warranty is a subject that I honestly do not comprehend. Each is intended to provide a distinct reason and preferably work simultaneously to look after and diminish the risk of homeownership. Perhaps a comparison will make the matter clear. A person has just had a complete and throughout physical exam. The outcome of the exam and all related lab tests are that the individual seems to free of all disease or illness. They are at t... 01/23/2007

Buying your first home in Baltimore is a huge step that comes with a number of very severe decisions. Countless Baltimore home buyers are frightened by the process, and keep on renting a lot longer than they should, or need to. On the other hand, if you split the home buying process down into these simple steps, and follow these vital tips, you will find the course of action less threatening, and much more manageable. 1) Before you start on looking for a home, pose yourself One Question How long will you reside in your next Baltimore home? For at least 3 years!  If the answer is “Yes,” you ought to in all probability buy, to be more precise than continue renting. With ordinary appreciation in the Baltimore real estate market, you’ll break even on your closing costs after 2 years, and s... 01/17/2007

Banks repeatedly exhibit the real estate owned (REO) homes at bargain prices. Depending on the bank’s resale policy, circumstances of the foreclosure house, and available financing, foreclosure opportunities fluctuate widely. Many banks let home buyers borrow on their foreclosures at the same time as other banks just want out. Great financing bargains become possible in the course of the banks who offer in-house terms. Apply for for no point’s loans, bare minimum loan costs, and no prepayment penalties. Make sure with your local lending institutions and find out how they sell their foreclosures. Quite a lot of of these bankers will give you their web page listing available (REO) foreclosure. Get to know real estate agents who specialize in listing bank-owned repossessions so they will ... 01/16/2007

New Baltimore HUD Home listings go on line late Thursday night or Friday morning. New Daily homes subsequently sold which did not go to settlement, go on line Saturday morning. HUD homes not sold during the biding time continue to be listed as daily. Bids, due by the following Tuesday at midnight, must be submitted by a real estate agent who has completed HUD registration. Don't waste your time using a Realtor who is not familiar with selling HUD homes. Some mistake causes the offer to be rejected. Don't use an agent who says you must bid way in excess of minimum bid. Find an agent specializing in HUD homes who wants to work with you on your conditions. Countless HUD homes do sell for far more than the minimum bid. Some buyers hold out for the one HUD home which doesn't get way overbid... 01/15/2007