10 Pro Tips for a Smooth Home Move

10 Pro Tips for a Smooth Home Move The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place….

Good Records Can Reduce Capital Gains

Regardless of whether you’re entitled to $250,000 or $500,000 of exclusion when you sell your home, prices have gone up so much in the past two years, you may be approaching the limit where you might have to pay tax on the excess when you sell. Any improvements you have made to the home during…

Indecision Can Be Expensive

With all that is going on in the world, a global pandemic, supply chain issues, highest inflation in 40 years, the economic effects of a war in Ukraine, it can be overwhelming to think about when the right time is to buy a home. On a local level, there is a pent-up demand for homes…

Bright MLS Maryland Home Demand Index

Here’s the latest Bright MLS Home Demand Index which will give insights into the pricing of current homes in the area! It’s a Moderate pace of demand for the July 2022 Washington, D.C. area with an 18.9% index change from last year plus a 1.7 % change from the prior month.

Is your Maryland Home Inventory up to date?

A current inventory of all the personal items in your home is important and even necessary, if you are faced with filing a police report or insurance claim. The homeowner is usually asked if they have a home inventory.  If not, the homeowner can reconstruct one to estimate the loss. Imagine you are in this position;…

Moving Down in an UP Market

Selling and buying a lower priced home in an “Up” market can be to your advantage.  The advantage is to maximize the sales price on your existing home and replace it with a less expensive one. Moving down in an “up” market may be to your advantage in multiple ways.  It is possible that your present home…

Showing How Earnest You Are

The expression “putting your money where your mouth is” demonstrates a monetary sincerity to what could be empty words.  In today’s competitive market where multiple offers are common, sellers want as much assurance as possible that the buyer is sincere and will close on the sale. The seller who accepts a contract expects the buyer to…