We see it all the time. Real Estate Agents from outside the area trying to represent a buyer or a seller.  These agents often come to us for advice and information about the area.  Why is this allowed to happen? If you are a licensed real estate agent in Maryland, you can represent clients anywhere in the state.  Even thou...

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Before deciding to rent out your home, you should be aware that there are risks associated with being a landlord.  We want to be up front about these risks so that you have realistic expectations. Some homeowners, after speaking with us, decide that being a landlord is not the best option for them.  It is better to know th...

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Most real estate agents (or agencies) offer a "one size fits all" menu of services. If you want to sell your home, it is "x." If you want to buy a home, it is "y." These agencies offer very few choices or flexibility and charge the same amount to everyone regardless of their situation or needs. We think that this way of business is a ver...

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One of the most important items that lenders have always considered when qualifying a potential buyer for a mortgage is creditworthiness.  The definition of “creditworthy” has narrowed over the past few years and it’s usually the first thing I check when qualifying a buyer.  For many years in the mortgage indus...

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At Yaffe Real Estate and Chesapeake Property Management, we see many self-employed applicants applying for our rental properties. As part of our application process, applicants have to supply proof of income over a multi-year period. We know that this is tough for some of our self-employed applicants as their taxable income - what is show...

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Are you a first time home buyer hiding out as a tenant? Chesapeake Property Management, Inc. manages over 150 individually owned homes in the greater Baltimore area.  With that amount of inventory, we process many tenant applications every day causing us to sometimes look at these applications and say: "Why are these people not buyin...

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property management companies so they can compare and contrast services.  So they ask us lots of questions - good questions about how our services are different.  In addition, we speak to many landlords that are in current property management agreements with other property management companies and they want to make a change.&nbs...

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So often, potential property management landlords ask us: "How do you decide what repairs to make to my home?  Will you call me every time?   Do you always get multiple estimates?  What vendors do you use?" and the questions go on and on.  What it really comes down to is that Landlords are concerned that they will...

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Recently, we talked about buyer/clients of ours who lost a bid on a home per the advice of one of our agents - the house was a flip, and she advised this couple not to waive the inspection contingency. A decision that absolutely made sense. What's interesting is the same couple ended up putting in another offer on a home - same price poin...

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With the market heating up, we are seeing multiple offers again.  Exciting…if you are a Seller!  Stressful and confusing... if you are a Buyer.  Fortunately, here at Yaffe Real Estate, we have over 20 years of experience and we know how to handle multiple offer situations on behalf of our clients.  Remember the ...

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