Archive for September 2015

First Timer Steps

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Some great tips if you’re considering buying your first home.

When you’re a first-time home buyer eagerly anticipating getting into the market, there are several steps that you should take to help you decide whether you’re ready to take the plunge.

First, check the selling prices of comparable homes in your area. You can also do a quick search of actual MLS listings right here on our website.

Next, figure out what you can afford. Use our handy home affordability calculator below to help determine exactly what you can manage!

Affordability Calculator

Monthly Gross Income $
Monthly Debt Expenses [?] $
Down Payment: $
Interest Rate: %

To get an idea of what you’ll pay in insurance, pick a property in the area where you want to live and make a call to a local insurance agent for an estimate. You won’t be obligated to get the insurance, but you’ll have a good idea of what you’ll pay if you buy. For and idea of what you’ll pay in taxes, Zillow publishes property-tax information for homes all over the country. Just remember that exemptions and the intricacies of local tax law can create differences between what a homeowner is currently paying and what you can expect to pay as a new homeowner.

Next, find out how much you’ll likely pay in closing costs. The upfront cost of settling on your home shouldn’t be overlooked. Closing costs include origination fees charged by the lender, title and settlement fees, taxes and prepaid items such as homeowners insurance or homeowners association fees. You can see what closing costs average in your state by looking at Bankrate.com’s annual closing cost survey.

Now, look at your budget and determine how a house fits into it. Fannie Mae recommends that buyers spend no more than 28% of their income on housing costs. Go much past 30%, and you risk becoming house poor.

Mortgage Calculator

$
  %
  yrs
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Finally, talk to us about the current real estate climate. We’ll give you the straight facts about where prices are now, and where we believe they’re headed.

When you’re ready, quickly and easily search for foreclosure properties here. You can also set up customized searches! We’re ready to help – just contact us and we’ll set up some private tours.

 

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8451 Greenbelt Rd #1, Greenbelt, MD 20770

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This one got away but here are some other homes available in or near Greenbelt MD.

  1. 2 beds, 2 baths
    Home size: 1,188 sq ft
  2. 3 beds, 3 baths
    Lot size: 2,300 sqft
  3. 3 beds, 4 baths
    Home size: 2,844 sq ft
    Lot size: 1,667 sqft
  4. 2 beds, 3 baths
    Lot size: 1,499 sqft
  5. 2 beds, 2 baths
  6. 3 beds, 2 baths
  7. 1 bed, 1 bath
    Home size: 580 sq ft
  8. 2 beds, 1 bath
    Home size: 1,072 sq ft
  9. 5 beds, 5 baths
    Home size: 3,640 sq ft
    Lot size: 1,727 sqft
  10. 4 beds, 5 baths
    Home size: 2,450 sq ft
    Lot size: 1,239 sqft
  11. 2 beds, 1 bath
    Home size: 782 sq ft
  12. 2 beds, 1 bath
    Home size: 1,072 sq ft
  13. 2 beds, 1 bath
    Home size: 768 sq ft
  14. 2 beds, 1 bath
    Home size: 951 sq ft
  15. 4 beds, 4 baths
  16. 2 beds, 2 baths
    Home size: 1,227 sq ft
  17. 3 beds, 3 baths
    Home size: 2,042 sq ft
    Lot size: 2,451 sqft
  18. 3 beds, 2 baths
    Lot size: 8,306 sqft
  19. 3 beds, 2 baths
    Lot size: 1,519 sqft
  20. 2 beds, 2 baths
    Home size: 1,188 sq ft

See all Real estate in the city of Greenbelt.
(all data current as of 5/23/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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