Tuesday, October 4, 2011

Here's a way to find me, begin the home sale or home buying process




When listing your home for sale with me,your home could be featured when buyers go by your home and click on the QR code.

Life is good!

Adam Bashein
Call: (301)943-4370
0. (301)718-4100
adambashein@mris.com
www.basheinhomes.info
Weichert Realtors
Licensed in Md & DC

Monday, October 3, 2011

Risks of Remodeling Your Home Without a Permit


Many cities require that homeowners obtain a building permit before making modifications to their residence. Which modifications require a permit vary by city. Also, some cities are more vigilant than others in enforcing permit laws.

In order for the homeowner to receive a permit, the homeowner or his/her designee must submit plans for approval and pay fees to the city. In addition, the improvements are given a value. If they increase the value of the property, this may result in an increase in property taxes. Inspections are often required to approve the work. This process can be time consuming and inconvenient in the short run. Therefore, some homeowners don't get permits because in the short run it costs them more money and time then they want to spend on the project.

By the way,if you are bidding out work on your home and notice a difference in the contractors' estimates,look through the proposals and/or ask the contractors if they are doing the job with a permit. It could be the difference in labor cost, material cost, cost of getting a permit and so on. But make sure you know whether or not the contractor you are working with included a permit in the job proposal. If he/she didn't and says the job doesn't need one,do some research on your own and make sure the job really doesn't need a permit to save you in the long run.

If the city discovers that you did work on your home that needed a permit and you failed to get one,getting a permit retroactively can frequently cost you a lot more money,hassle and trouble than having gotten a permit before the work was done. If work is not done in accordance with city procedures or if the inspector is unable to determine if the work has been done properly, the homeowner could be required to open walls, tear up floors, so that the inspection may take place. In addition, by law, work not permitted where a permit was required must be disclosed to any prospective purchaser. This may cause the owner to lower their sale price or perform costly or time-consuming repairs before title can be transferred.

If you are in the market for a home,ask sellers for copies of permits for work that they had done up front. Alternativley, you may obtain these permits by going directly to Building & Safety in the municipality in which the property is located or by hiring a "permit puller" who will research the permits for you.

Please let me know if I can be of service to you and yours in Metro DC. I always have time and greatly appreciate your kind referrals.

Life is good!

AdamCall: (301)943-4370m
o:(301)718-4100
adambashein@mris.com
www.basheinhomes.info
Adam Bashein
Licensed in MD & DCWeichert Realtors

Tuesday, September 27, 2011

Recommendation from a lender who serves Metro DC and beyond


“I have had the opportunity to work with Adam several times and at each opportunity Adam has displayed his multi-talented skills as a realtor. Adam works incredibly hard for his clients and is with them every step of the way, holding their hands when necessary. Adam will never let his clients make a poor decision and because he has grown up in the market that he serves, Adam's knowledge of the business is second to none. Adam has a remarkable work ethic and is a true communicator. He combines a sincere sense of compassion and understanding with a wealth of real estate knowledge and technical expertise. I would highly recommend Adam for any real estate needs.” September 16, 2011 1st Chad Freeman, Home Mortgage Consultant, cfreeman@embracehomeloans.com Tel: 301.354.8208

I love Metro DC, and, with the exception of college, have called it home my entire life. If you know anyone thinking of getting into the Metro DC real estate market, I appreciate you passing my contact information to them and always have time for your referrals.

Life is good!
Adam
Call: (301)943-4370

o.(301)718-4100
adambashein@mris.com
www.basheinhomes.info
Weichert Realtors
Licensed in MD & DC

Wednesday, September 21, 2011

Want to buy a foreclosure as your home? Fannie Mae has a program good through end of October.


Please see link below

http://www.homepath.com/incentive/index.html

The key elements are that (1)Fannie Mae owns the home; (2)ask your lender if she/he does home path loans and (3)you must purchase as a primary residence and not as an investment.

Time is of the essence to take advantage of Fannie Mae's HomePath program is through the end of October. That means you must settle and not just be under contract.

Call me to take look at Fannie Mae foreclosures to take advantage of this window of opportunity Or any homes for that matter.

Life is good!

Adam
Call: 301-943-4370
301-718-4100 ask for Adam
adambashein@mris.com
www.basheinhomes.info
Licensed in MD & DC
Weichert Realtors

Thursday, September 8, 2011

www.basheinhomes.info


Good morning!

I wanted to share with you my website, which I have had for a while.
The main domain name I give people to find me on the web is www.basheinhomes.info. My actual website is www.adambasheinsellshomes.com, but the above domain I think is easier to find and it is linked to my website.

Here is a true anecdote from yesterday morning through this morning.

Yesterday morning another satisfied client referred me to friend. She called me to discuss their current situation and moving plans. At the end of the conversation I promised to email her some homes to get a feel for her & her husband’s tastes when we meet tonight.

This morning I checked my email and there was a note from my website that a person found me and requested that I contact her. It was the person I spoke with yesterday. Through my website she gave me her email information, cell number and confirmed tonight’s appointment. It would be my guess that she didn’t receive an email from me last night, which I did send. She probably thought, with the time being before 8 a.m., that it was too early from an etiquette standpoint to call me, which I greatly appreciate, and that she wanted to send the email out before going to work.

Upon comparing her email address to the email address in my sent box, there was a character difference. So, I clicked ‘forward’ on the email I sent last night, copied and pasted the email address from my website and sent the email to her again a short while ago.

I am delighted that she thought to search for my website in order to follow up and reach me. It also delights me that that the domains which I have purchased for my website, made it easy to her to find me.

Please see below. For privacy and protection I have changed the actual contact information

You have received a request from your website, http://www.adambasheinsellshomes.com.

The customer's contact information is shown below.
*First Name: Z.
*Last Name: X.

*E-mail Address: xxxxxx@yahoo.com

Phone (with area code):000-000-0000

Inquiry Message: Hi Adam- here's my email address so you can send me those links today. see you at 7. Z.

This is one anecdote I will add in my presentation to potential clients. My website has value! In addition the way people can use my website (and I am humble enough to say my website can always be improved), the domains which I have purchased and continue to purchase make it easier, more likely for buyers (which by the way is fantastic for my sellers to know as it will also give their homes an extra online previewing through my website!) and sellers to find me.

If you know someone considering selling or buying a home, I always appreciate and have time for your referrals. In addition to giving me their contact information, please give them my contact information so they can find me. I am anywhere you need to be in Maryland and DC.

Life is good!

Adam
Licensed in MD & DC
Call: (301)943-4370
adambashein@mris.com
www.basheinhomes.info
Adam Bashein
Weichert Realtors
O. (301)781-4100 ask for Adam
Licensed in MD & DC

Tuesday, August 16, 2011

The "V": One way to evaluate the Real Estate Market and Interest Rates to Determine if it is a Good Time for You to Make a Move.



Do this as you read. Please print out the letter V which I have imported into this blog or draw your own V. If you draw the V,then also right on one leg of the V, "Interest Rates" and on the other leg of "Home Prices". At the top of each leg right the word "high" and at the bottom of each leg right the word "Low".

Now on each leg draw a circle where you think the market is as far as interest rates and home prices.

If both circles are near the bottom,then you feel that interest rates and home prices are low or almost as low as they can be. This would be an indicator that it is the perfect time to buy a home. A good time to sell if you have owned your home long enough to make a profit on the sale (your purchase price verses today's market price)with rates being low, so buyers can afford "more house".

If you circled near the bottom for interest rates and a little higher up on home prices--perhaps middle of the v leg,it would be an indicator of a great interest rates and healthy prices of homes,which is good for buyers and sellers.

If you circle toward the bottom it is also a great time re-finance. A wise word I heard regarding locking in a rate on new mortgage or re-finance: once you lock in the rate don't look back. If you don't think it is a good time to lock in the rate,then wait and risk whether rates will get better or not. I would take interest rates in the low to mid 4's any day of the year.

If there is a home out there that you like but hasn't sold, it could be a good time to buy a home now that has been in the market, that sellers don't want to carry through the fall and winter season.

If you didn't circle the bottom of the leg for interest rates,I'd be interested in knowing how low you think rates will go.

If you want to talk about your local real estate market and have a free pre-market consulation,give me a call. I am here to help.

Life is good!
Adam
adambashein@mris.com
Call: (301)943-4370
office: (301)718-4100
www.basheinhomes.info
Adam Bashein
Weichert Realtors
Licensed in MD & DC

Wednesday, August 3, 2011

Learning about potential homes



The other day I was showing a client a home and the showing instructions for this home require the listing agent to be present while anyone is looking at the home.

In the course of our conversation, he tells me of an upcoming listing and asks me to do a drive by of the home to see if it would be a fit for my client. We drove by and the home was intriguing


I did follow up research on the home, to see what I could find out in terms of sales history, improvements that may have been done by the current or past owner(s). I observed that the name of one of the current owners is the same name as the listing agent. His name is fairly common, like John Smith, so I would never assume, though this is very coincidental. So I called the agent to follow up with him and said, by the way, do you own the home, which you told me and my client to do a drive by of. He chuckled and said I see you are doing research on the home. He told me about some improvements he has done while living at the home. By the way, In MD. & D.C., once a home is listed, the agent is supposed to disclose if he or she has ownership in it and/or is related to the seller...that is one thing I wanted to share and teach you. I try to share and teach through my real estate experiences. I call it "living real estate". The other thing I wanted to show you was that through networking, I found out about home that is not yet on the market, which could this client the inside track on buying it, if it is a good fit and we agree to sales terms.

I am here to help you and yours achieve your real estate goals in selling and buying homes. I appreciate and always have time for your referrals.

Even if you aren't currently in the market, please ask me your real estate questions. I am here to help.

Life is good!


Adam
Call: (301)943-4370
adambashein@mris.com
www.basheinhomes.info
Adam Bashein
Licensed in MD & DC
Weichert Realtors
(301)718-4100