House and Senate agree to extend Loan Limits thru 2010! $729,750 limit good for next 13 months. More details to come.

Phenominal $40K Price Reduction on home in Centreville, MD. See it here – http://bit.ly/QNlNU

Annapolis, MD home buyer’s alert

Phenomenal $40,000 price reduction on home in Centreville, MD. Buy a home in the beautiful subdivision of Hunter’s Ridge outside of Centreville, MD, on a 1.79 acre lot for the price of a townhouse in Anne Arundel County! Rancher with 3 bedrooms; 2 full baths; one half bath; den/office/media room/possible 4th bedroom; large living room; large country kitchen with dining area; laundry/mudroom; full length deck across the back of the house with awning; super 30 X 40 X 16H 2 bay garage with workshop area; backs to agricultural preserve; located on a nicely landscaped cul-de-sac lot. Only 15 minutes from the Bay Bridge. Easy commute down RT 301 to RT 50 and bridge. Shopping nearby in Centreville and Stevensville. Well maintained home with new carpeting installed throughout for the new buyer. One car attached garage has a kitchenette – great for crab feasts or cookouts – still has room to park a vehicle. Built in 1995. See details online at homesdatabase.com MLS# QA7159607 226 Winchester Rd., Centreville, MD 21617 Listing Broker: Charles Kraus, Coldwell Banker Residential Brokerage (O) 410 919-2642

See post below for photos and more information.

New under MHA, mitigator will only consider possibility of short sale if modification or refi fails.

Centreville, MD New Listing

Centreville, MD new listing. Three bedroom, two and one half bath Rancher on well landscaped 1.79 acre lot. The home also features an attached one car garage, a 14X12 den/media center and a fantastic 30X40 ultra high heighth two bay detached garage workshop. The property is located on a cul-de-sac and backs to a 100 year agricultural preserve. Located in the subdivison of Hunter’s Ridge near the 4-H Club Center just outside of Centreville and convenient to Rt 50/301 and the Bay Bridge. See it online at http://bit.ly/3Yye38

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Short sale commentary

With short sale inventory rising; buyers walking from short sale offers frustrated; Realtors frustrated; are more foreclosures coming?

Strategies for Selling Your Home

“Strategies for Selling Your Home” unlocks the secret of the most important element of selling a home. Get the DVD http://ping.fm/t760O

Stimulus Bill Includes Tax Credits for Energy Efficiency

The Stimulus Bill includes tax credits for homeowners when installing new energy efficient doors, windows, water heaters, air conditioners and furnaces. Read all about it – http://bit.ly/vYcEV

Summer may offer opportunity for good buys with lots of inventory and low rates.

Unemployment up, consumer confidence down. Mortgage application statistics dues out this week – employments concerns and appraisal issues have taken some steam out of application activity. Thank you HVCC!