Coni's Corner - A Community Blog

Forced to take the week off in Real Estate... Check out why...

Wed, 10 Feb 2010 10:45:27 -0600

Wow, are we underwater in Laurel, MD and the DC Metro Area.... Take a look at my backyard..

http://www.youtube.com/watch?v=QfPWogHZQlI Click on Link

Counseling Info. to Eliminate Debt for Homebuyers, I give it out....

Mon, 28 Dec 2009 23:08:08 -0600

Are you working with a buyer who has to clean up their credit? I can tell you that I have referred my clients to The National Foundation for Credit Counseling. This is a nonprofit organization that puts your buyers in contact with a local counselor that will help your clients with a strategy for eliminating their debt. Their number is 1-800-388-2227 if you would like to help your clients with their debt problems and purchase a house stick with the NFCC..

Call me anytime to help you with your Real Estate Purchase, I can refer you to a lender who would be happy to help you every step of the way. Call me at 240-483-7556 Cell

www.Talk2Coni.com

Coni Otto

Long & Foster Real Estate, Inc.

www.ConisCorner.com

www.Talk2Coni.com

Cell: 240-483-7556

Office: 301-384-8700

Real estate for sale in Upper Marlboro MD 7.6 acres just Reduced....

Mon, 21 Dec 2009 21:45:53 -0600

The value of this property is in the LAND, the owner has no knowledge of this house because they bought the property for the land... house, garage, barn 7.60 acres of land Please check with county to confirm property can be used as a FARM - 7.6 acres - The house is livable so you can live in the house and enjoy the large property if you choose.... Call me today to set up an appointment to see this property, 240-483-7556 Reduced to $549,000 http://www.ConiOtto.com

Real estateon DC Line - 4302 40TH PL

Mon, 21 Dec 2009 21:38:34 -0600

Price REDUCED TO $199,000.... $10,000 in closing help, Don't miss this Home that has been completely remodeled, new water heater, new a/c unit, new carpet,new Tiled floors,new tiled bathrooms,new hard wood floors in foyer,new dishwasher, ceiling fans. Window in living room has been ordered and will be installed in two weeks. Deck will be painted, come take a look call me today at 240-483-7556...

Bank owned Condo in Washington DC Reduced.....

Mon, 21 Dec 2009 21:28:09 -0600

CONDO REDUCED TO $69,900....... Deanwood neighborhood... Call me today, 240-483-7556

14748 WEXHALL TER #25-269, BURTONSVILLE, MD 20866 FOR SALE.....

Mon, 21 Dec 2009 21:22:33 -0600

Check out this completely remodeled Condo in Burtonsville, MD 20866

Working with Investors who FLIP? No sale for 90 days!!

Tue, 15 Sep 2009 22:27:39 -0500

Did you know that there is a Anti-flipping law? What does that mean? It means if you purchase a property as an investor and you want to flip it you have to wait 90 days BEFORE YOU can accept a contract for the property. It's across the board, conventional, FHA, and VA....

So be prepared to hold the property for 90 days... FYI

Here is some info. on the FHA regulation...

Below you will see my email from FHA in response to my phone inquiry. In the response, you'll see that they cite Handbook 4155.2. A search of HUD's website led me to the 466-page handbook. In Chapter 4, page 25 (4-25), the anti-flipping regulation is laid out. A specific answer to the question as to when the 90 days begins can be found at 4155.2 4.7.e, which is on the bottom of Chapter 4, page 26 (4-26) It is very clear that the 90 day clock begins ticking on the "Seller's date of acquisition as the date of settlement on the seller's purchase of that property, and re-sale date as the date of execution of the sales contract by a buyer intending to finance the property with an FHA-insured loan."

Below is a link to the handbook. I've also attached a copy of the relevant page. FHA instructed me to have your UW call them if there is any uncertainty remaining.

http://www.hud.gov/offices/adm/hudclips/handbooks/hsgh/4155.2/41552HSGH.pdf

Passing along the information I get to my clients and YOU.....

38 V. St. NW, Washington, DC 20001 Has an English Basement BANK OWNED SALE

Fri, 25 Sep 2009 23:14:27 -0500

1604 Andover lane, Frederick, MD 4 bedroom, 2 full bath Split Level FOR SALE

Fri, 25 Sep 2009 23:06:25 -0500

NEW Listing...... 1604 Andover Ln., Frederick MD.. Near Ft. Detrick

Mon, 21 Sep 2009 21:37:21 -0500

Price: $195,000 Plus $10,000 in closing help! Don't let this one get away....

4 bedrooms 2 full baths, Split Level, Brick front home ,with a one car garage 1 block from playground, tennis and basketball courts, and picnic area. shopping, and public transportation is available, beautifully landscaped, and a brand new fence in backyard. Home is freshly painted, it has a Huge eat-in kitchen, with a freshly painted deck, family room and bedroom on the lower level.This house is a must see, owner is offering $10,000 towards closing help, close to Ft. Detrick

This house has been inspected already just for you, just email me and I will send you the report.. The seller has also decided to offer $10,000 in closing help....

Contact: Coni Otto of Long and Foster

Listing Agent: Coni Otto

www.ConiOtto.com Coni@Coniotto.com

Cell: 240-483-7556 Office: 301-384-8700

Front of house

Large country Kitchen

Large eat-in Kitchen

Full bathroom upstairs

Family Room

Master Bedroom

Bedroom1

Lower Level Bedroom

Backyard with deck

Fenced in backyard

Playground 1 block away with tennis courts and a picnic area

contact: Coni Otto

www.ConiOtto.com

Cell: 240-483-7556

Commission Explained for Buyers and Sellers, Where the Money Goes!

Thu, 11 Jun 2009 23:53:07 -0500

Commission splits, Where does the money go?

Realtors, When you do a listing presentation do you EDUCATE your sellers on where the commission goes? or do you explain to a new buyer you work with how you make your money? If you don't EDUCATE your buyers and sellers how your commission is split how will they ever know that you don't get to keep the enitre commission. I have made a powerpoint illustration to educate my buyers and sellers how I make my money. You can email me and I will send you this illustration in a powerpoint slide so you can tweek it for your own use... Just let me know you would like it and I would be happy to send it to you to start educating your buyers and sellers about how Realtors EARN thier commissions!

This illustration shows that the commission is split between 4 people

The Listing Agent who takes the listing does a lot of work and pay a lot of fees to be a Realtor
The Buyers Agent who helps the buyer find the house makes sure the buyer is qualified to buy the home and guides the buyer through the buying process.
The Buyers brokers
The Listing Broker

Add Color To Your Blog The Easy Way!

Thu, 11 Jun 2009 22:22:29 -0500

Thanks for the instruction, I knew I would find someone who would explain adding the pictures!! Thanks so much!

Coni

Via Bielenberg & Associates:

Have you heard about NVU? They claim to be the #1 FREE Web Authoring System with WYSIWYG and HTML modes, and this a a great thing for a "non-computer" type person like myself. I stumbled upon this this site and downloaded the program and have been using it(?) for all my blog drafting. However, my frustration has been figuring it all out and putting it all together, adding the artwork, colored text etc., and then getting it pasted into my AR blog site. As I toggled back and forth I always lost the enhancements, but by George, I think I've got it and I wanted to share it with you just in case there are any other NVU users out there or someone who might want to give it a try (minus all the hair pulling)! So, here is my attempt at a tutorial.

Download NVU for free!

Write your blog, adding links, font choice, colored text, etc. The capital "A" arrows will increase or decrease the size of your font and you might have to play with this a little to get it to look the way you want it on your blog. Draft everything right now except your artwork!

When you are done, highlight the text, open the top view tab and click on "HTML Source". This automatically changes your entry into HTML code. Don't panic, if you forgot something and need to see the WYSIWYG version, just go back to the view tab again and click on the "Normal Edit Mode". You can go back and forth as many times as your need, just be sure that you have all your text highlighted before you make your choice of either "HTML Source or Normal Edit Mode".

Are you ready to post to ActiveRain? Highlight the text, open view and change it to HTML. Once your post shows in HTML, highlight all of your text beginning with the line that starts <body... and left click to copy the text.

Open your ActiveRain to post a new blog.

Hit the HTML tab on top of the Entry Box. Click "OK" to the pop-up box.

Paste your blog.

Title your blog.

Save it as a draft!

Scroll down to the bottom of the page and post your blog. Don't panic! Just like magic your blog your blog page opens up and your blog will be in living color and all! But you are not done!

When your blog page opens, select edit.

When you come back to the edit page, click on WYSIWYG in the Entry section and now you can insert your pictures, fix any typos and make any adjustments you need.

Add your tags, visibility (change it from draft to whomever you are posting to) and make your additional posting selections.

Authorize your blog as the owner of content and post.

Congratulations!!! You can now do what it took me months to figure out!

MAKE A FREE 30 SEC. VIDEO FOR YOUR LISTINGS, YEP FOR FREE AND IT'S EASY!

Wed, 28 Jan 2009 09:26:50 -0600

EVERYDAY I have folks email me about how they are having trouble creating VIDEOS of their listings. It seems that the YouTube Magic Lesson just wasn't simple enough...WELL FORGET IT! I FOUND the EASIEST way to make Videos and you can add music, it's awesome! Check it out and if you need help let me know... Click on one of the icons and get started today making your own videos.... I have enclosed a few samples that I have created, our trip to Sedona, AZ this christmas, my husband's trip to watch Darrell Green and Art Monk in Canton Ohio get inducted to the HALL OF FAME!! If your a Redskins fan then you will like this video!! Just click on any one of these icons and get started today!!! It's FREE..... FREE..... FREE

Our trip to Sedona, AZ

My husband is the #1 Redskin Fan

Just click on any one of these icons and get started today!!! It's FREE..... FREE..... FREE Have you wanted to find some software that is sooooooooooooooo easy to make your virtual tours? Why pay for them when you can make your own and add music.

Postlets is Free to post your listings! Have you tried it?

Thu, 26 Mar 2009 23:09:50 -0500

FREE LAWN SIGNS FROM VISTA PRINT - YEP IT'S FREE....

Tue, 19 Aug 2008 09:50:18 -0500