Hagerstown and Smithsburg real estate and homes for sale in Maryland - Steve Powell, REALTOR® Steve Powell REALTOR(r) for Hagerstown and Smithsburg, Maryland real estate - NUMBER1EXPERT™ Steve Powell NUMBER1EXPERT(tm) for Hagerstown and Smithsburg, Maryland real estate
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Steve Powell, REALTORŪ, real estate agent and broker for Hagerstown and Smithsburg Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call Steve Powell toll-free at 888-882-9132 or Lisa Zeger at 240-420-5500


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First Time Homebuyers: Hagerstown and Smithburg Maryland home buying, real estate listings, and homes for sale in Washington                     County, MD
Welcome > For Buyers > First Time Homebuyers ...


Buying Your First Home? Realtors Are Your Professional Guides. Make Sure You Choose a Top Expert.
 

You might be a bit afraid or intimidated by the whole process of buying your first home. As a top Hagerstown and Smithsburg real estate expert, it's my job to guide you, from beginning to end. 

I will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell me a bit about your situation below. I'll get right back to you. There is absolutely no charge, and I offer this to you with no strings attached. Please fill out the form below...
 

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Real Estate Tips
Financing Your Home >Owner Financing

If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.

Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.

Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.

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Real Estate Trivia
Q 
What information does nearly every state in America require the seller of a home to reveal to the buyer?

A 
Most states require disclosure of any existing problems or conditions that could affect the value of the house.
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Steve Powell, REALTORŪ, real estate agent and broker for Hagerstown and Smithburg Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Powell
RE/MAX Achievers

222 E Oakridge Drive Suite 2000
Hagerstown, MD 21740
Office:: 240-420-2410
Office:: 888-882-9132
Fax:: 301-739-0853
cell: 301-991-7990
Assistant- Pam: 240-420-2415
Email:: stevepowell@mris.com

I'm a native of Washington County and have over 16 years experience in real estate sales and leasing in Maryland. I own and operate a successful real estate investing company and specialize in both residential and commercial properties. Put my real estate team to work for you!

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