Listed and Rented in Potomac, Maryland.

Cell:  (301)943-4370

adambashein@gmail.com

I am a full service realtor and have been called upon by clients, both veteran and rookie investors to rent their houses up for them.

Thanks to the person who referred me to the owners of this beautiful Potomac, Maryland home

It was their first time renting out the house.  The owners lived in the home for several years and then moved out in part to shorten their commutes to work and in part to downsizing. So, I worked with the owners in getting the home licensed in Montgomery County, Maryland and coordinated meetings with inspectors, contractors to make the home move in ready for the renters.  The owners did everything to make the house move in ready and I was able to find them tenants who are in the area for a tour of duty with the Embassy and we signed them to a 3 year lease.

Whenever you or someone you know is thinking of buying a home, selling a home or renting their home in Maryland and DC, think of me.  If you aren't in the market but have a real estate question, I'd love to talk or email. I am always grateful for and appreciate your kind referrals.

Life is Good!

Adam 

Licensed in MD & DC

adambashein@gmail.com

www.basheinhomes.info

Cell: (301)943-4370

Office:  (301)921-4500 - ask for Adam

RE/MAX Realty Group

information deemed to be accurate but not guaranteed

Lender disclaimer as the date for The First-Time-Homebuyer Tax Credit Approaches. How to strategize if you are a buyer or a seller?

If you are a first-time-homebuyer and are counting on the $8000 tax credit with your purchase (double check with your lender on your eligibility and if you are eligible for the full amount),
check in with your lender and ask if his/her office/broker is making any disclaimers on their ability at this point in time to close your loan on or before 11/30/09 (currently people are lobbying to extend the date,but it hasn't been extended as of today).

I spoke with one lender yesterday whose company is sending out a disclaimer to buyers who they are working with, saying that the lender isn't liable if their loans don't close on or before 11/30/09. Why would a lender send out such a note? Things can happen that prevent settlements from closing and/or the loan from closing on the date of the proposed settlement.

The lender is protecting him/herself from potential claims/ law suits, if any first-time home decide to seek an $8000 claim from lenders (if 11/30/09 comes and passes and settlement on their new home hasn't occured). This is a good business move by the lender to cover him/herself. Will other lenders send out such a disclaimer to their clients? I would not be surprised. Lenders of course want your business. This lender is just making a disclosure the way home sellers make disclosures/disclaimers about their homes before buyers make a decision whether to go forward and make an offer on the home or to continue their home search.

I am meeting with buyers tonight to look at homes in Potomac and Rockville Maryland tonight. I will also discuss how a possible solution for them, if settling doesn't occur on or before 11/30/09. I also have a great strategy for sellers to make their homes more attractive to first-time homebuyers.

I believe at looking challenges in the eye and being solution oriented. If that is what you are looking for, let me know. It would be a priviledge to work with you and or be referred by you to someone you know who is buying or selling a home.

Happy Settlements!

Life is good!

Adam

adambashein@mris.com

301-943-4370

Adam Bashein

Licensed in MD & DC

Weichert Realtors

7821 Tuckerman Lane

Potomac, MD 20854

301-718-4100 ext. 132

The 'Hot Market dilemma': Do I write an offer on a home I like on the spot or go back for a second look first?

I took my clients to see the same home in Potomac Monday night and again Tuesday night to make sure it "was the one". So I called the listing agent first thing this morning for disclosures...the home received 3 contracts over the weekend and one was ratified last night.

The home does need work,but it is in a very desirable neigborhood, Inverness Knolls. The sellers were already in negotiations when we looked at the home. It is hard to say if they would have considered our offer unless it came in and we wrote higher than the price they were negotiating,perhaps offer a quick settlement and short contingency dates.

The home was priced well,based on other like homes that recently sold in the neighborhood and was in a cul-de-sac. The home does need work,but it is in a very desirable neigborhood.

There is a saying that 'The house you are looking at Today and want to think about until tomorrow may be the same house that somone else was looking at yesterday and will write a good offer on today'.

I will say that if the first time you see a home you are not 100% certain of a home,for whatever reason, and you won't be heart broken about not getting the home,then the correct move is to take a second look and review the facts. Based on my client's feelings,we made the correct move in going back to the home the very next day before making a decision. If after Monday,the thought was to meet again on Tuesday to write the offer,without needing to see the home a second time,then I would have strongly suggested we write the offer Monday night.

Other homes will come up for sale. As soon as they do,my client and I will be the first people in the door.