Tuesday, January 17, 2017

Bowie Zip code 20720 MD Homes for Sale and Sold for NOVEMBER 2016

Bowie Zip code 20720 MD Homes for Sale and Sold for 
NOVEMBER 2016

Bowie Zip code 20720MD Homes for Sale has seen   steady price improvement    month to month as well as year to year as inventory levels  remain consistent with season.

Homes Recently Sold in Bowie zip code 20720 November 2016



Contact Keji & Associates of Fairfax Realty @ 301-613-2043 for Information on Homes for Sale and Sold in Bowie








Bowie zip code 20720  Homes Inventory For November 2016: The total number of homes sold for November  2016 is 28 an increase of 5.8% from last year with an average time of  44 days in the market and increase in value of  11.1%. The Median home price for November 2016 is  $348,646 an increase of 5.8% from same time last year.


Homes Sales by Neighborhood in Bowie Zip Code 20720




Fairwood-Phase 2 Plat 10, Bowie, MD:  The median home price for November 2016 is  $489,900 a decrease  of  1.8% from same time last year.


The following neighborhoods in Bowie zip code 20720 did not any home sold in November 2016 just like last year 2015.








If you are thinking of putting your house on the market  for sale in Bowie . I will like to share with you additional pointers to get to SOLD Fast. Get personalized Home Value Estimator Here.






Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in Bowie, Upper Marlboro, Fort Washington and other parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website . www.metrohomesrealty.com






Bowie Zip code 20716 MD Homes for Sale and Sold for NOVEMBER 2016

Bowie Zip code 20716 MD Homes for Sale and Sold for 
NOVEMBER 2016.

Bowie Zip code 20716MD Homes for Sale has seen steady price improvement month to month as well as year to year as inventory levels remain consistent with season.


Homes Recently Sold in Bowie Zip Code 20716 for November 2016:


Contact Keji & Associates of Fairfax Realty @ 301-613-2043 for Information on Homes for Sale and Sold in Bowie







Bowie zip code 20716  Homes Inventory For November 2016: The total number of homes sold for November 2016 is 21 a decrease in value of 1.7% from last year with an average time of 48 days in the market with an average sold price of $262,107 and a decrease in value of 1.7%.


Homes Sales by Neighborhood in Bowie Zip Code 20716

Covington, Bowie, MD The Median home price for November

2016 is  $270,000 a decrease of 30.8% from same time last year.


Mitchelville, Bowie, MD The Median home price for November 2016 is  $349,500 a decrease of 6.4% from same time last year.


The following neighborhoods in Bowie zip code 20716 did not have any  home sold in November 2016:






http://www.metrohomesrealty.com/home-value-request




Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in Bowie, Upper Marlboro, Fort Washington and other parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website . www.metrohomesrealty.com


Thursday, January 5, 2017

NEW HOME OWNERSHIP PROGRAM LAUNCHES JANUARY 9

NEW HOME OWNERSHIP PROGRAM LAUNCHES JANUARY 9



Program Highlight
- Up to $10,000 towards down payment /closing cost- in Prince Georges County
-No restrictions on location
- Must be First Time Home buyer
- Fund on first come first serve basis

-Any Property Qualifies
"Pathway to Purchase" Offers Up to $10,000 Down Payment and Closing Costs for First Time Home Buyers in Prince George's County
The Prince George's County Department of Housing and Community Development (DHCD) is launching a new home ownership program, entitled "Pathway to Purchase." This new program offers first-time home buyers up to $10,000 in down payment and closing cost assistance. Home buyers can purchase a home anywhere in Prince George's County. Eligible residential properties include: new construction, resale, short sales and foreclosures.

Pathway to Purchase is a 0% interest loan program that must be paid back when the home is sold, transferred or ceases to be the primary residence of the buyer(s). However, the loan repayment has a 10% decrease per year and after 10 years, it is forgiven and the lien is released.
DHCD will start accepting Pathway to Purchase applications on Monday, January 9.
"We are excited about this new opportunity," said Eric C. Brown, Director of the Prince George's County Department of Housing and Community Development. "We have dedicated $750,000 for this program to help people get on the path to home ownership."
The maximum purchase price of homes utilizing Pathway to Purchase assistance is $313,000. There are four loan programs accepted with Pathway to Purchase. Accepted loan programs are: FHA, Maryland Mortgage Program, VA and Conventional Loans. All home buyers using Pathway to Purchase must pass a Housing Quality Standards (HQS) Inspection as part of the application process.
The Redevelopment Authority of Prince George's County will administer the program. "We will begin taking applications on Monday, January 9, 2017," said Howard Ways, Executive Director of the Redevelopment Authority. "Home buyers must work with an approved mortgage lender to submit an application. We are eager to continue our progress in helping families begin their pursuit of the American Dream."
For information on program income limits, buyer contribution, area median income, debt requirements, and other application details:  Click Here to Get started

Carpe Annum Seize the Year!



Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website  www.metrohomesrealty.com

Tuesday, January 3, 2017

Do you want to build long term wealth? Start by buying your first house early.

Do you want to build long term wealth? Start by buying your first house early.






American dream of home-ownership is alive and well in Maryland and all parts of the country. My team of real estate professional are helping buyers realize it one house at a time.

Every day many are deciding to make that dream a reality earlier than later, such is the case with Christian who decided to become a home owner just a few months after his college graduation instead of helping his landlord pay off their mortgage.
Christian has been renting while he was in college, in his last year of college he went to a seminar that advised to start building wealth by buying first house sooner than later and plan to pay down and move on to the next property. He took that advice seriously and started saving right after graduation. 

His apartment lease was set to expire by January 30th 2017 so we started working in August 2016 to get him qualified for a mortgage, find a house, buy the house and move in on or before January 30th 2017.


Fast forward to December 12th 2016, Christian bought his first house in District Heights, a large 3 level detached colonial with 2 car garage,4 bedrooms, 2.5 bath that needed some cosmetic work, but priced under market. This this a good buy for Christian as he is getting more than double  his current residence of 2 bedrooms in  living space, more amenities and potential for future rental if so desire!!!!!

We always advise our buyers to look beyond the cosmetic items that can be repaired/ replaced gradually, but look at the future potential of a house, and functionality. Many cosmetic items can be upgraded gradually, but many times some functionality cannot be added to a house- like master bathroom, or garage due to space constraints. There are many houses in the market that are priced a little below market but needs buyers with vision.

In addition to negotiating and getting the house under contract for less than the current market value, we also negotiated with the seller to pay most of the closing costs ($8500). All this for just $100 more than what he was paying in rent for a 2 bedroom apartment.

Our buyer is already planning his next move; pay extra mortgage monthly to reduce interest paid over the life of the loan. How is that for starting early and building wealth? 

We all consume housing either paying someone else and building equity for them, or paying our own mortgage and building equity for ourselves, either way, we have to pay.
Which one will you rather do? Pay someone else or pay yourself? It is good to start early, but it is never too late to start.  If you are ready to purchase your first house – Start Here!!!

Make 2017 the year to become a wealth builder by getting our free report on how to buy with little money down.

Our buyer was qualified for an FHA home loan that requires just 3.5% down payment, but there are many loan options from zero down payment to 20% down, it all depends on each person’s credit rating.

More details below  on the first house for this forward thinking man.



Address:7219 MOUNT FOREST TER, DISTRICT HEIGHTS, MD   20747
Price: $265,000
Down payment: $9275.00
Seller Paid Closing Cost: $8500
Monthly Payment: $1828.15



If you want to be the next success story like Christian or one of the 30 families we’ve moved to homeowners in 2016, do the following Now ;


-Check when your current lease expires and determine not to renew.

-Contact us to put a customized plan together for you.

-Be ready to follow the plan because we are ready to make it work for you. Over 30 families this year alone got on the plan and are now homeowners. Our goal is to increase that number by 100% for 2017, be part of it.

-Don't let credit score stop you. The scores that are down today can be greatly improved in a few months with a customized plan.


-Don't let lack of 20% down payment stop you there are many loan options available.


-Don’t let lack of money stop you- There are first time buyer grants available.

-Invest in your future by using your 2016 tax refund as part of your house down payment, pay off debts that will increase your score and your purchasing power. It will yield plenty than those shoes or the new car.


Ready to get your plan? Click here to submit your information.


Carpe Annum Seize the Year!




Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website  www.metrohomesrealty.com

Wednesday, December 21, 2016

How Kevin moved Up to Bigger House and saved $12,000

How Kevin moved Up to Bigger House and saved $12,000

Buying a first house is always exciting and less stress in terms of moving, because many times the buyer is either moving from an apartment or from parent’s house with just a few possession, but selling a first house, and buying another one at the same time is quite different as it takes a lot of coordination and effort to make this happen especially if the funds from the first house is needed to purchase the new house. This is where we come in, to make it less stressful, to make sure the current house is sold on time, buy the new one, make the move go smoothly all the while saving you money and avoiding carrying two mortgages.  
As the case with Kevin that saved over $12,000 while selling the current house and get into a bigger house paying just about $400 more than the current payment but getting a newer house and lots of space.  How could this be? Well the interest rate is lower than what it was when Kevin bought his first house. The interest rate he had was over 5% while the new rate for the bigger house is just 3.15% that equals just $400 more than the current mortgage, but the house is over 1900 square feet bigger than the first house.
 Additionally,  because we are in a tight seller’s market for many entry level homes, we sold his house without giving up any closing cost to the buyer, but we are able to negotiate with  the seller of the new house to pay $12,000 in closing cost- This  is sweet!!!! That’s how we work for our clients and we’ve helped about 20 families this year moving up to a bigger house at the same time sell their current house.
Our goal is always to provide exceptional service while minimizing stress of selling, buying and moving.
This was Kevin’s first house that was sold for $280,000, we got contract for the house in just 10 days for full price and no closing cost. 


  

First House Details
Monthly Payment: $2300.00
Bedrooms: 4 Bedroom
Bath 2.5
Closing Cost to Buyer: $0

Size:1198 Square Ft
Sold October 10th 2016









New House Details
Price: $489,000
Bedrooms 5
Bath 2.5

Closing Cost  From  Seller: $12247.50

Monthly Payment: $2767.00

Size: 3232 Square Ft

Bought October 28th 2016


Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website. www.metrohomesrealty.com

Ready To Move Up?
Free Report How to Increase Your Home Value
Mortgage & Refinance
Keji Ogunleye
Associate Broker
Fairfax Realty,Inc
301-613-2043
Licensed In: MD, DC,VA
License #: 585497
Contact Me

You Can Also Visit Us At:      

Tuesday, December 20, 2016

We are Spreading the Joy

We are Spreading the Joy
Last week we spread the joy once again by helping another renter become a home owner. Our new home owner have been renting for over 8 years and decided early this year to start building wealth by becoming a homeowner. In January when we started the journey, the credit was less than perfect, not enough cash at hand, but with a solid plan and our commitment to home ownership the goal was achieved in December 8th 2016.
We are all paying mortgage either via rent which is building equity wealth for your landlord or paying your mortgage which is building equity and wealth for your family. Which one will you rather be doing? Our latest home owner was paying $1800 monthly for rent, but now paying $1828 mortgage, however the taxes and interest paid as part of the mortgage will be tax deductible - another benefit of home ownership, so once we deduct the taxes and interest, the payment is actually $1234.00.  The details of the sale is below.
Are you ready to take the leap from renting to building wealth for you and your family? Let us show you how we’ve helped over 30 families thisyear to make this a realty.













Breakdown
Contract Price: $297,000
Down Payment: $10,395.00
Seller Closing Cost Credit: $8910
Interest Rate: 3.10%
Monthly Mortgage Payment: $1828.00
Our latest home owner used FHA home loan mortgage to purchase this townhouse, but there are other loans available depending on each person’s credit situation. We also have new program coming up for first time buyer providing grants and down payment assistance. We can show you what youcan qualify for – Contact us for more information. Make 2017 the year you start building wealth for you and your family!!!-

Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in all parts of the metro area. We delight our clients by delivering world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website. www.metrohomesrealty.com

Get More Information
Free Report How to Increase Your Home Value
Mortgage & Refinance
Keji Ogunleye
Associate Broker
Fairfax Realty,Inc
301-613-2043
Licensed In: MD, DC,VA
License #: 585497
Contact Me

You Can Also Visit Us At:      

Monday, December 5, 2016

Bowie Zip code 20720 MD Homes for Sale and Sold for OCTOBER 2016

Bowie Zip code 20720 MD Homes for Sale and Sold for 
OCTOBER 2016

Bowie Zip code 20720MD Homes for Sale has seen   steady price improvement    month to month as well as year to year as inventory levels    remain consistent with season.

Homes Recently Sold in Bowie zip code 20720 October 2016



Contact Keji & Associates of Fairfax Realty @ 301-613-2043 for Information on Homes for Sale and Sold in Bowie







Bowie zip code 20720  Homes Inventory For October 2016: The total number of homes sold for October  2016 is 28 an increase of 2.3% from last year with an average time of  44 days in the market and increase in value of  16.7%. The Median home price for October 2016 is  $403,332 an increase of 16.7% from same time last year.


Homes Sales by Neighborhood in Bowie Zip Code 20720




Fairwood-Phase 2 Plat 10, Bowie, MD:  The median home price for October 2016 is  $405,000 a decrease  of  11% from same time last year.


The following neighborhoods in Bowie zip code 20720 did not any home sold in October 2016 just like last year 2015.







If you are thinking of putting your house on the market  for sale in Bowie . I will like to share with you additional pointers to get to SOLD Fast. Get personalized Home Value Estimator Here.






Keji & Associates of Fairfax Realty is a team of licensed agents working daily to get homes sold  for our clients in Bowie, Upper Marlboro, Fort Washington and other parts of the metro area. We delight our clients by delivering  world class service every step of the way and we strive to create a win-win situation this  is all part of our values and beliefs. Contact us @ 301-613-2043, email keji@metrohomesrealty.com or visit our website . www.metrohomesrealty.com