Annapolis Real Estate - by Charles Kraus » real estate http://www.charleskraus.net Annapolis, MD Real Estate for Home Buyers and Sellers Wed, 14 Jul 2010 18:03:19 +0000 en hourly 1 http://wordpress.org/?v=3.0 Annapolis, MD Real Estate – Mortgage Interest Rates Remain Low http://www.charleskraus.net/2010/05/22/annapolis-md-real-estate-mortgage-interest-rates-remain-low/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/05/22/annapolis-md-real-estate-mortgage-interest-rates-remain-low/#comments Sun, 23 May 2010 02:30:18 +0000 Charles Kraus http://www.charleskraus.net/?p=330 Mortgage interest rates continue to remain attractively low - generally below 5.0% for 30 year fixed rate. Of course rates are affected by many variables including a buyers credit score and fluxuate daily just as stock prices change daily, so be sure to discuss your needs with a mortgage professional.

If you are interested in more information regarding a mortgage, please call Jodi Hillmar to discuss your needs today!  

Jodi Ann Hillmar
Mortgage Advisor
Proficio Mortgage
Office: 443-306-3610
Toll Free: 800-265-9096
E-Mail: jodi@thehillmargroup.com 		 
]]> http://www.charleskraus.net/2010/05/22/annapolis-md-real-estate-mortgage-interest-rates-remain-low/feed/ 4 Fannie Mae Deed-In-Lieu of Foreclosure Rule Change http://www.charleskraus.net/2010/04/21/fannie-mae-deed-in-lieu-of-foreclosure-rule-change/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/04/21/fannie-mae-deed-in-lieu-of-foreclosure-rule-change/#comments Wed, 21 Apr 2010 19:21:20 +0000 Charles Kraus http://www.charleskraus.net/?p=325 Inman News – To encourage distressed borrowers to agree to deeds-in-lieu of foreclosure, Fannie Mae is reducing the waiting period — from four years to two years — for them to become eligible for a new mortgage. The new policy, which will apply to loan applications submitted after June 30, requires a minimum down payment of 20 percent from borrowers who have agreed to a deed-in-lieu within the past two years. Borrowers with a deed-in-lieu in the past two to four years will be required to put 10 percent down to be considered for a Fannie Mae-backed loan.

]]> http://www.charleskraus.net/2010/04/21/fannie-mae-deed-in-lieu-of-foreclosure-rule-change/feed/ 4 Tips on Selling Your Home http://www.charleskraus.net/2010/04/20/tips-on-selling-your-home/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/04/20/tips-on-selling-your-home/#comments Tue, 20 Apr 2010 04:24:31 +0000 Charles Kraus http://www.charleskraus.net/?p=317 Logically looking at the variables that go into the sale of a house, one has to look at the following elements: Location, Price, Market and Condition.

  • Location is the most straight forward element, as it cannot be changed and there is nothing one can do about it.
  • Price can be changed to reflect for the shortcomings of the other elements, but comes at the cost of lost monies.
  • Market is twofold and consists of the conditions existing in the marketplace, i.e. mortgage rates, consumer confidence, etc., which once again one has no control over. The second is the marketing efforts for exposure of the property to prospective buyers. Making the home available for prospective buyers to easily schedule showing appointments is very important.  A seller may only get once chance with a prospective buyer and one never knows if that buyer was “the one”!
  • Condition is the one element that most have control over and which one can readily do something about to make improvement. Carpet can be replaced, walls can be painted, landscaping can be inproved to create “curb appeal”, appliances can be updated, etc.. Cleaning, staging and preparedness are virually cost free conditions that every seller can do.

Get more tips and ideas on how you can prepare your house for sale so you can get the best possible price and terms when selling. Our video is available by DVD or download and contains much more detailed information.  Here’s a sample clip:

Get your DVD or download today at http://www.showmehowvideos.com

]]> http://www.charleskraus.net/2010/04/20/tips-on-selling-your-home/feed/ 0 3412 McGinnes Rd, Millington, MD 21651 http://www.charleskraus.net/2010/03/15/3412-mcginnes-rd-millington-md-21651/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/03/15/3412-mcginnes-rd-millington-md-21651/#comments Tue, 16 Mar 2010 02:31:32 +0000 Charles Kraus http://www.charleskraus.net/?p=293 For Sale: 3412 McGinnes Rd in Millington, MD 21651

For More information - CLICK HERE


]]> http://www.charleskraus.net/2010/03/15/3412-mcginnes-rd-millington-md-21651/feed/ 0 Home Buyer Tax Credit Alert http://www.charleskraus.net/2010/02/24/home-buyer-tax-credit-alert/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/02/24/home-buyer-tax-credit-alert/#comments Wed, 24 Feb 2010 22:27:53 +0000 Charles Kraus http://www.charleskraus.net/?p=285 Annapolis, MD

Mortgage lenders facing increased regulation and revised paperwork required by the US Department of Housing and Urban Development (HUD) are advising potential home buyers that time is running short for the home buyer tax credits.

hgv-icn-sealFAQ – 1st Time Home Buyers

Qualified 1st time home buyers are eligible for a tax credit of up to $8,000 for a home that they are buying provided that they have entered into a binding contract on or before April 30, 2010. The buyer has until June 30, 2010 to complete the purchase or complete settlement on their purchase.

hgv-icn-sealFAQ – Repeat Home Buyers

Qualified Repeat Home Buyers are eligible for a tax credit of up to $6,500 for a home that they are buying provided that they have entered into a binding contract on or before April 30, 2010. The buyer has until June 30, 2010 to complete the purchase or complete settlement on their purchase.

The new Truth in Lending Act (TILA), new Good Faith Estimate (GFE) and HUD-1 Settlement forms, Real Estate Settlement Procedures Act regulations and the Fannie Mae Home Valuation Code of Conduct (HVCC) governing the appraisal process, are all industry changes affecting the time necessary for the mortgage lender to process and approve a mortgage loan. The amount of time necessary to complete a “clean” mortgage loan has risen to approximately 60 days. Complications could extend the amount of time significantly and place a buyer’s chances of meeting the timelines for the credit in jeopardy.

Therefore many lenders are advising buyers to enter into a binding contract to purchase a home by April 01, 2010. Be aware that every day of delay beyond April 01, 2010 increases the chances of failing to meet the timelines of qualifying for the tax credit.

Countdown Clock for 1st-Time Home Buyer Credit – www.homebuyertaxcredit.com

Charles Kraus, GRI – Associate Broker
Coldwell Banker Residential Brokerage
Annapolis, MD
(O): (800) 456-1996

]]> http://www.charleskraus.net/2010/02/24/home-buyer-tax-credit-alert/feed/ 0 552 Cross Creek Ct, Chester, MD 21619 http://www.charleskraus.net/2010/02/19/kent-island-md-4-br-colonial-for-sale/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/02/19/kent-island-md-4-br-colonial-for-sale/#comments Sat, 20 Feb 2010 02:01:20 +0000 Charles Kraus http://www.charleskraus.net/?p=273 For Sale: 552 Cross Creek Ct in Chester, MD 21619

For More Info: Click Here

]]> http://www.charleskraus.net/2010/02/19/kent-island-md-4-br-colonial-for-sale/feed/ 0 775 Valentine Rd, Crownsville, MD 21032 http://www.charleskraus.net/2010/01/26/annapolis-md-real-estate-listing-in-nearby-crownsville-md/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/01/26/annapolis-md-real-estate-listing-in-nearby-crownsville-md/#comments Tue, 26 Jan 2010 05:26:17 +0000 Charles Kraus http://www.charleskraus.net/?p=238 FOR SALE – 775 Valentine Drive in Herald Harbor, Crownsville, Maryland

For More Info: Click Here

]]> http://www.charleskraus.net/2010/01/26/annapolis-md-real-estate-listing-in-nearby-crownsville-md/feed/ 1 HoweStreet.com Article Chronicles a Hedge Against the Coming Inflation – Real Estate http://www.charleskraus.net/2010/01/01/howestreet-com-article-chronicles-a-hedge-against-the-coming-inflation-real-estate/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2010/01/01/howestreet-com-article-chronicles-a-hedge-against-the-coming-inflation-real-estate/#comments Fri, 01 Jan 2010 18:19:10 +0000 Charles Kraus http://www.charleskraus.net/?p=232 Annapolis, MD – A recent HoweStreet.com article, The Debt Bomb, chronicles that one hedge against the coming inflation is to invest in real estate. Below is the link to the article:

HoweStreet.com – The Source for Market Opinions

]]> http://www.charleskraus.net/2010/01/01/howestreet-com-article-chronicles-a-hedge-against-the-coming-inflation-real-estate/feed/ 1 Welcome to the Annapolis Real Estate Site by Charles Kraus http://www.charleskraus.net/2009/08/18/welcome-to-the-annapolis-real-estate-site-by-charles-kraus/#utm_source=feed&utm_medium=feed&utm_campaign=feed http://www.charleskraus.net/2009/08/18/welcome-to-the-annapolis-real-estate-site-by-charles-kraus/#comments Tue, 18 Aug 2009 05:20:10 +0000 Charles Kraus http://www.charleskraus.net/?p=69 Annapolis, MD

Annapolis, MD

Our site will be bringing you lots of information about Annapolis and the surrounding area including photos, video, property search engines, real estate finance and neighborhood profiles.

Be sure to follow us on Twitter at http://www.twitter.com/charleskraus and visit us at http://www.linkedin.com/in/charleskraus

 followme_left LinkedIn_logo_2

]]> http://www.charleskraus.net/2009/08/18/welcome-to-the-annapolis-real-estate-site-by-charles-kraus/feed/ 2