Peering in the BENEFITS of Foreclosure

FORECLOSURE FOR SALE???

Are you a smart buyer? Your looking for great house, in the perfect location, good school district and the opportunity to purchase at a Steal! Then you are looking for a foreclosure and possibly even a short sale, but we will discuss that in a different post.

Its no secret that over the past 5 years we have seen a substantial rise in foreclosure activity. What is a secret is how good the gravy train has become. The days where every foreclosure was rife with mold, feces, rodents, banged up walls and stolen appliances is no longer. Sounds creepy right...and at one time it really was a, "go at your own risk" game, but the game has changed. The question is, Have You? Good quality homes which have been fixed and repainted are abundant as Foreclosures in the marketplace. Banks have realized they are competing and they want to introduce the property with the most appeal when it is initially listed. They no longer are looking to waste days on market with cruddy properties that get passed over because Mr. and Mrs. Homeowner just aren't out for that much of a challenge. These properties are still offered at bargain pricing over Fair Market Value homes. The best part is that they are ready for occupancy.

This doesn't eliminate the possibility for further negotiation regarding price. The bank is not sentimental nor are they emotional, they simply want to move inventory as quickly as possible. So does the idea of paying less money for a home in a desired location with the amenities you are looking for appeal to you? It should and it is possible in our current market trend. The time is now to jump in and get your feet wet. 

FORECLOSURES EXIST IN ANY TYPE OF NEIGHBORHOOD

Investors and luxury home buyers a like have an advantage in this market. The probability of purchasing higher end homes at a value half of the original price is in demand and is happening now. One subdivision that this is taking place in frequently is Westwood of Bowie. Better known as Woodmore North. These properties retailed 5 to 7 years ago for a million or more. Now they are selling for 599,900. Many of these gorgeous properties sit on over an acre of land.



Looking in Potomac, Chevy Chase, Bethesda? The value is not as extreme however we have seen a 30% to 40% decrease in value up over the last 5 years.

Smart business people are seeing the real estate market for what it is, a quality investment strategy. The speculation that drove us to outrageous marketing trends of 30% increases or greater month after month in the economic boom doesn't exist any longer. Now we have a stable market with incremental increase that make sense and home prices that are historically low. Not to mention the incredible low interest rates that ride along side this market, making for a win win situation.

We don't know when the market will rise again but those who take advantage of this foreclosure market will be in the position to cash in on wealth when it does.

Looking for Foreclosures? Go to our website and sign up a free list in the area of your choosing.  Foreclosure List Now

The Benefits of Foreclosures are abundant the opportunity is now. Will you take advantage of it or sit on the sidelines? The choice is yours. Inbox us for questions. nataliedean@mris.com

Relaxing at Home..find the peace you deserve

The Washington DC metro area has one of the best job markets in the nation, boast a myriad of wonderful outdoor recreational parks and the possibility of fun activities to engage in after work, school and on the weekends....ENDLESS. Yet somehow life is still fast paced and chaotic for most. Many engage in all types of activities to de-stress...today let's add your abode to this list.

The design and styling of your home has a large impact on your relaxation. When you finally walk through that door after a long day of phones ringing, problem management and the "wonderful" Washington traffic we all just love, it should be an "ahhhh" moment.  Finally peace, quiet and solitude. What do you want to do first when you come home? Are you trying out  that new cooking recipe, you know the one you saw last night with that incredible white wine reduction. My hubby loves to cook and he affectionately calls himself "the bottom chef"!!

Luxury Kitchens for Less

So if that is your thing the Kitchen needs to be an oasis of comfort. Not to mention a kitchen remodel is a HUGE return on investment when you sell your property. If you haven't upgraded those countertops, ask yourself why not? Now is the time to get upgrades like Granite, Cesarstone and Silestone. No longer nearly the cost they once where and yet offer so much vitality to any kitchen. The diverse colors allows one to make the kitchen come alive with style and personality, transforming it from a place to make dinner to a culinary art institute. There are immediate health advantages as well because these materials are hypoallergenic and non-porous. Not to mention their elegance and strength.

Don't stop at the countertops because a kitchen just isn't a kitchen with out beautiful cabinetry. Is the expense of 48" cherry cabinets not one you want to bear? No worries, try a less expensive route with high-gloss laminate fronts which creates a sleek modern look with clean lines. The de-stresser?? Adding organization to your style with pull-out drawers behind each cabinet for additional storage space.
Become your own "bottom chef" at home by treating yourself to a renovated kitchen that has a touch of spice and a ton of elegance. Don't forget the organization, health benefits and the versatility. A voila!! A kitchen extraordinaire that alleviates stress and beckons you for a exquisite culinary creation.

Modern Dens for Easy Relaxing

Kitchen not your idea of unwinding look for additional post that explain ways to De-Stress at home with your bathroom, living room and bedroom. Can't wait for these post?? Let us know which one needs a remodel and we will get the information to exclusively.

Contact the MRE Group (Your Metro Real Estate Gal) at Contact the Metropolitan Real Estate Group

RECOVER YOUR EQUITY in your 16th Street Heights property

16th Street Heights At A Glance

The enormity of 16th Street Heights is fabulously incredible!! One of the largest quadrants yet tranquility abounds in 16th Street Heights.  What makes this lush landscape so vivid is that it almost devoid of any restaurants, bars, stores or new condos. It has kept it very traditional feeling of enormous Arts and Crafts and American Foursquare Homes. If your a little less swish and little more simple try a sweet Victorian on for size and drench in antiquity. 

A vast number of homeowners in the 16th Street Heights community are like many of my clients, they  bought their property before the economic downturn only to have their investment plummet in value, wiping out their equity and leaving them with a mortgage considerably higher than the value of their home. 

In an effort to help my clients I have partnered with an investment group that can help you.  The strategy is simple.  If you are unable (or unwilling) to pay outrageous, inflated mortgage payments any longer, they purchase your debt at a discount from your current lender and then sell it back to you - saving you thousands from your original debt!

HOW DOES THIS AFFECT YOU??

Reducing Your Mortgage Principal while Lowering Monthly Payments, Recovering Equity, and Protecting or Improving Your Credit

Do you owe more than your home is worth?  We can help you:

Keep your home
Reduce your mortgage
Lower your monthly payments
Recover your lost equity
Protect or improve your credit

Why does this work?  Because banks are scared.  The default rate in the DC area is extremely high. Many lenders would rather get rid of their Jumbo loans at fire-sale prices than risk losing everything to a default.

This is not a short sale so you keep or even improve your good credit.  It’s not a loan modification or loan forgiveness so there is no 1009c tax liability.

What does the SOLD market look like in 16th Street Heights in 2012?

This strategy has been used successfully in the commercial real estate market for years.  For the past nine months it has been applied to the residential market.  

The window of opportunity is now.  If you or anyone you know has a Jumbo mortgage higher than the value of your home, contact me at  202-438-1056 and let's see if we can help you.  

Skeptical?  Good.  Call me anyway. There is nothing for sale here. Call me and within 5 minutes you’ll know if you can take advantage this or not.

Warmly,

Natalie Dean

Taylor Properties

202-438-1056

P. S. Don’t continue to pay inflated mortgage payments just because you can.   Call me today: 202-438-1056

P.S.S. READING THIS POST AND WISHING YOU LIVED IN 16TH STREET HEIGHTS???? Look no further check out what is for LIST. At the MRE Group we've got everyone covered! Happy Searching. 

Active Listings in gorgeous 16th Street Heights