Single Family Home For Rent $1400.00

3 bedroom, 1 Bathroom, 1 year lease Required, Tenant Pays All Utilities, which includes Water, Electric and Gas.  Income of 25K is a must.  Property Ready for Move-in July 28, 2014.  There is a 25.00 Application Fee.  Your Vaild ID, Social Security Card and Birth Certificate is Required.  Must be employed for at least 1 year or more.   Contact using ad posted on Craigslist, by going to>>>>>>>http://westmd.craigslist.org/apa/4563716419.html

This property won't last LONG!!!

Cold Weather Tips For You & Your Home

With the temperatures in the Metro Washington, DC and Northern Virginia areas expected to drop to the single digits this evening and in the teens all day tomorrow many homes will be susceptible to issues in their homes due to the extreme cold weather. Here are some home heating and plumbing tips to follow to help us all get through this extreme cold front.

Cold Home Plumbing Tips:

• Keep the house heated to a minimum of 65 degrees. The temperature inside the walls where the pipes are located is substantially colder than the walls themselves. A temperature lower than 65 degrees will not keep the inside walls from freezing.
• Identify the location for the main water shutoff in your home. Find out how it works in case you have to use it.
• Open hot and cold faucets enough to let them drip slowly. Keeping water moving within the pipes will prevent freezing.
• If you haven’t already, make sure all hoses are disconnected from outside spigots.
• If you discover that pipes are frozen, don’t wait for them to burst. Take measures to safely thaw them immediately, or call a plumber for assistance.
• If your pipes burst, first turn off the water and then mop up spills. You don’t want the water to do more damage than it already has.
• Make temporary repairs and take other steps to protect your property from further damage. Remove any carpet or furniture that can be further damaged from seepage.

Cold Home Heating Tips:

• Below 35F degrees it is normal to see some frost on an outdoor HP unit.
• Frost is keyword though. Heavy amounts of ice is different.
• We DO NOT recommend trying to de-ice with mechanical tools.
• De-ice with hot water (not very effective when it’s cold though).
• De-ice naturally. Shut HP unit OFF, and go into EM HEAT at thermostat.
• We recommend using EM HEAT temporarily (aka: Emergency Heat), or until weather temperatures are back above 40F.
• Dirty Filters, dirty coils, low refrigerant (Puron or Freon), bad fan motors; can all be causes for HP’s not to work properly.
• When snowing and/or freezing rain it is highly likely a HP unit will freeze. Definitely recommend EM Heat in those situations.

Following these tips can keep you and your family comfortable and safe during this artic blast of cold air on its way as well as save you on potentially expensive repairs and service.

5 Tips For Financing Investment Property

With some small improvements in the economy, many investors are starting to consider jumping into the residential real estate market again. And low prices make it a good time to do so.

According to figures from the National Association of Realtors, most metropolitan areas within the U.S. reported lower median sale prices on existing single-family homes during the second quarter of 2009 compared to the second quarter of 2008. Sales in Florida and California appeared to post some of the highest price drops, while prices on homes in the South, Midwest and Texas were less affected.

But while prices are good, the days of quick-and-easy financing are over, and the tightened credit market can make it tough to secure loans for investment properties. However, there is some good news: A little creativity and preparation can bring loans within reach of many real estate investors.

"Investors are more scrutinized than they ever were, and financing is more difficult, but not impossible," says Ben Spofford, an Ohio real estate investor and president of RealtyRTO.com.

If you're ready to seek out financing for your residential investment property, these five tips can improve your chances of success.

Have a sizable down payment

Mortgage insurance won't cover investment properties, so you need at least 20 percent down to secure traditional financing for them. If you can amass 25 percent, you may qualify for an even better interest rate, says Todd Huettner, a mortgage broker and president of Huettner Capital in Denver.
If you don't have the down payment, you can try to obtain a second mortgage on the property, but it's likely to be an uphill battle.

"I don't know of any lenders doing second loans on investment residential right now," Huettner says. Jumbo loans, which are used for financing more than $417,000, are also a rarity.

Be a "strong borrower"

Although many factors -- among them the loan-to-value ratio and the policies of the lender you're dealing with -- can influence the terms of a loan on an investment property, investors should check their credit score before attempting a deal. It will have the greatest impact on a loan's terms.
"Below (a score of) 740, it can start to cost you additional money for the same interest rate. Below 740, you will have to pay a fee to have the interest rate stay the same. That can range from one-quarter of a point to two points to keep the same rate," Huettner says.

The alternative to paying points if you score is below 740, obviously, is to pay a higher interest rate.

Always do your own due diligence.

Tips On Homeowners Insurance

Things you need to know about home insurance, including picking the right insurer and getting the proper coverage.

1. You're a statistic.

To an insurer, you're not a person; you're a set of risks. An insurer bases its premium (or its decision to insure you at all) on your "risk factors," including your occupation, who you are, what you own, and how you live.

2. Know your home's value.

Before you choose a policy, it is essential to establish your home's replacement cost. A local builder can provide the best estimate.

3. Insurers differ.

As with anything else you buy, what seems to be the same product can be priced differently by different companies. You can save money by comparison shopping.

4. Don't just look at price.

A low price is no bargain if an insurer takes forever to service your claim. Research the insurer's record for claims service, as well as its financial stability.

5. Go beyond the basics.

A basic homeowners policy may not promise to entirely replace your home.

6. Demand discounts. Insurers provide discounts to reward behavior that reduces risk.

Americans waste money every year because they forget to ask for them!

7. At claims time, your insurer isn't necessarily your friend.

Your idea of fair compensation may not match that of your insurer. Your insurer's job is to restore you financially. Your job is to prove your losses so you get what you need.

8. Prepare before you have to file a claim.

Keep your policy updated, and reread it before you file a claim so there are no surprises.

Million Dollar Housing Market

Million-dollar housing markets  http://money.cnn.com/gallery/real_estate/2013/11/22/million-dollar-zip-codes/ via @CNNMoney

Landlords/Property Managers With Rental Property In PG County, Maryland

Dear Landlords & Property Managers:

You are required to have a renter's license for ALL residental rental properties located in PG County, Maryland.  If you don't have a renter's license be sure to get it ASAP.  The renters license has to be renewed every 2 years!!  If you need more information be sure to email us & put in the subject line Renter's License...

It's better to be safe and in compliance!!

For Residential Rental Properties Built Before 1950

Maryland Residential Rental Properties built before 1950 are required to be registered and renewed annually with the Maryland Department of the Environment. Go here now》》》》》www.mde.state.md.us/leadregistration