Just Listed! 9G High Point North Oceanfront Condo, Ocean City, MD

Just Listed! 9G High Point North Oceanfront Condo, Ocean City, MD

March 2, 2010 by Monica McNamara · Leave a Comment 

Beautifully decorated and appointed oceanfront 1 bedroom condo in Ocean City, Maryland.
No detail left undone. Kitchen with granite countertops and all white cabinetry. All new bath area with tile surround shower and wainscoting. Magnificent oceanfront balcony all newly tiled. Bayside balcony offers stunning sunset views. Custom window treatments through out. Oceanfront hurricane shutters. A [...]

Ocean City, Md Condo Financing Questions Discussed

Ocean City, Md Condo Financing Questions Discussed

January 6, 2010 by Monica McNamara · Leave a Comment 

I can not stress the importance enough of working with a lender that has a proven track record of processing and approving a condominium product loan. If they don’t, many loans have not been placed, because lenders take a loan that they can not compete.
Paul Soule with Coldwell Banker Home Mortgage takes the time to [...]

Why Buyers Choose McNamara & Associates

January 2, 2010 by Monica McNamara · Leave a Comment 

Kevin and I had the pleasure and privilege to work with two great people, and to assist them in finding  their second home at the beach. They already have a condominium in Ocean City, Maryland, and this time our search was on to find them a single family home on the water just outside of [...]

Great News For Property Buyers

November 10, 2009 by Monica McNamara · Leave a Comment 

Homebuyer Tax Credit Update!
On November 6, 2009, President Obama signed a bill to extend the tax credit for first-time homebuyers (FTHBs) through June 30, 2010. The bill also opens up opportunities for others who are not buying a home for the first time.
TAX CREDIT OVERVIEW
Who Gets What?
First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who [...]

Mortgage Rates Down 5th Week In Row

Mortgage Rates Down 5th Week In Row

October 2, 2009 by Monica McNamara · Leave a Comment 

Here are the National Rate survey Results (10/01/2009)
30 year Conventional Loan: 5.25% w/ average points 0.31
15 year Conventional Loan: 4.64% [...]

What You Shouldn’t Do With A Lockbox

What You Shouldn’t Do With A Lockbox

September 23, 2009 by Monica McNamara · 1 Comment 

OK let’s begin with, (for those that don’t know) what is a lockbox? A lockbox is large gray or black metal box that hangs from the front door knob at the entry to a condo or townhome or single family home . Inside this lockbox is a key to the property. If you a [...]

Why You Shouldn’t Buy The Most Expensive Condominium In The Building

Why You Shouldn’t Buy The Most Expensive Condominium In The Building

August 31, 2009 by Monica McNamara · Leave a Comment 

I have always believed that when buyers are considering making a purchase, that they should not buy the most expensive condominium or home in a given neighborhood or building.
Why you ask?  Let’s say you fall in love with the best of the best in a particular area.  It has everything you could possibly want. You [...]

What Should I Buy?

August 6, 2009 by Monica McNamara · Leave a Comment 

When I work with a prospective purchaser of real estate, I always want to find the best possible match for you. Is it in the right price range?  I always insist that a buyer be pre-qualified to determine their borrowing power.  It helps me pick the right properties, and you to know where you stand [...]