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 [...]

05/29/2009 HUD Announcement Regarding $8,000 Tax Credit

Click the hyperlink below to read the HUD announcement regarding the use of the $8,000 tax credit at settlement toward the settlement costs for first time home buyers.
As with all financial decisions, be sure to consult with your financial and/or tax professional before making any decisions.
HUD Announcement

Financial Incentives and Uniform Process for Short Sales

May 14, 2009 – The Obama Administration acting upon the call from the National Association of Realtors, announced Financial Incentives and Uniform Process for Short Sales under its new Foreclosure Alternatives Program (FAP). The alternatives are meant for borrowers who do not qualify to have their loans modified on a permanent basis under the Making [...]

$8,000 1st-Time Home Buyer Tax Credit Details

$8,000 Tax Credit for First-Time Homebuyers:

The original Senate proposal was for a $15,000 tax credit for all purchases of homes. The new stimulus package contains an $8,000 tax credit restricted to first-time homebuyers. Here’s a breakdown of the legislation signed:

The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.

The [...]

December 2008 Sales Up!

As December 2008 residential real estate resales results were reported, a surprise was in store as sales were up. Reports indicate that buyers are taking advantage of lower prices and 45% of the sales were of foreclosures and short sales. A short sale occurs when the seller agrees to take less for the property than what [...]

Welcome 2009, Goodbye 2008

As we welcome a new year, we say goodbye to the old one happily. The real estate industry is happy to turn this page and we remain optimistic for a rebound in the industry. Rates are very low in the 5’s and prices are great, so it is a great time to buy a home.
Economic [...]

Video Tour of 1997 Dairy Farm Rd

Video tour of property at 1997 Dairy Farm Rd in Gambrills, MD. Property mls #AA6865475 by RE/MAX Experts in Annapolis, MD, Charles Kraus Associate Broker. Office number as required by MD law is (410) 224-4400 Please direct inquiries to Charles Kraus by phone or email at: info@CharlesKraus.com

116 Charles St in Annapolis, Md Historic District

View this video to see the details of this remodeled duplex located in the heart of the Historic District in Annapolis, MD. Direct all property inquiries to Charles Kraus, RE/MAX Experts at (O) 888-514-2800.
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And so it goes!

The recent legislation that Congress sent to the President, which he signed eliminates a program that many first time buyers have relied on and will miss once it is phased out on October 1st, 2008. Many banks are already pulling back from these seller funded down payment assistance programs in advance of the October 1st, [...]

The Home Buying Process with Charles Kraus

Video production is complete on the new DVD – The Home Buying Process with Charles Kraus.
The video was produced by Show Me How Videos and can be pre-ordered through their website at http://www.ShowMeHowVideos.com or at Amazon.com.