All Blog Entries by BJ Matson

BJ Matson • Realtor®

I have lived here in Montgomery County, Maryland my entire life.  I have been working the real estate and mortgage markets here since 1993.  Here on my Blog page I try to post relevant information to owning your home and buying here in Maryland... or selling here in Montgomery County.
You can learn more about me here, bjmatson.com

Feel free to comment on the posts or contact me directly. 

BJ MatsonRealtor®
Home Buying Expert • RE/MAX
301-881-8900 text-call
★★★★★ Client Reviews

Found 85 blog entries published by BJ Matson.

downtown Rockville Maryland condosCondo for sale in Americana Centre
Rockville, Maryland
$258,900 sales price

Did you know you may be eligible to purchase this condo in downtown Rockville for a total of $4,000 out of pocket and a total monthly payment of $2,568... this payment includes your condo fee, which includes your utilities.
Qualify for this or one of the other low down - low monthly payment scenarios listed below.
- more Rockville condos for sale


estimated total 
payment
*utilities are included!
$2,568 - 0% down (not va or usda)
$2,652 - 3% down
$2,614 - 5% down
$2,320 - 5% down special

estimated total funds needed
$4,000 - 0% down
$18,900 - 3% down (ask me how to get this down to $11,100)
$23,500 - 5% down (ask me how to get this down to $16,000)
$23,500 - 5% down special ("... 16k)

21 Views, 0 Comments

Damascus livingHouse for sale
Damascus, Maryland
$399,900 sales price

You may be eligible to purchase this price Damascus home for a total of $5,500 out of pocket and a total monthly payment of $2,351. Qualify for this or one of the other low down - low monthly payment scenarios listed below.
- Damascus homes for sale

$399,900
estimated total 
payment - includes property taxes, mi, insurance, hoa fee;
$2,351 • 0% down (not va or usda)
$2,521 • 3% down
$2,424 • 5% down
$1,969 • 5% down special

estimated total funds needed at closing;
$5,500 • 0% down
$25,900 • 3% down (ask me how to get this down to $13,900)
$33,900 • 5% down (ask me how to get this down to $21,900)
$33,900 • 5% down special ("... $21,900)

minimum total household income needed to qualify;
$91,000 • 0% down

17 Views, 0 Comments

Germantown Estates townhomesTownhome for sale in Germantown Estates
$369,000 sales price

Did you know you may be eligible to purchase this home for a total of $5,000 out of pocket and a total monthly payment of $2,245?
Or you may be eligible for one of the other low down low payment scenarios listed below.

 

estimated total payment
$2,245 - 0% down (not va or usda)
$2,397 - 3% down
$2,297 - 5% down
$1,904 - 5% down special

estimated total funds needed
$5,000 - 0% down
$24,000 - 3% down (ask me how to get this down to $19,000)
$31,000 - 5% down (ask me how to get this down to $26,000)
$31,000 - 5% down special ("... 26k)

minimum household income to qualify
$87,000 - 0% down
$103,000 - 3% down
$99,000 - 5% down
$82,000 - 5% down special

further cost savings
$461 - 1st time buyer

42 Views, 0 Comments

Can I buy a $700,000 home with 5% down payment? Yes you can.

Below you'll see 4 different mortgage payment scenarios... 3 with no mortgage insurance added to your monthly payment.  One of the options can allow you to qualify for 20% more home.  Many of my clients don't realize how expensive the home they REALLY want is, until we crunch the numbers.  Property taxes, insurance, hoa or condo fees all add up.  OR, if you're not looking to qualify for more home, stay at your desired sales price and this 4th option will generate significant monthly cash flow based on what you would have paid on your standard 5% down loan.
It's possible to take this option all the way up to $2 million sales price, or use to benefit you at $250,000 sales price.  I'm happy to

42 Views, 0 Comments

Creating Wealth through Home Ownership

Real Estate can be the best way to get on the path to real wealth.  About 90% of Millionaires are wealthy through real estate.  Whether you're ready to buy now, or, we sit down and create a specific plan now for YOU to buy in the near future... the sooner you decide to commit to this outcome the sooner you can start building Equity!  Did you know there are opportunity zones in Montgomery County?
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You hear the term 'Redlining' and the effects on lower-income neighborhoods. It's a topic frequently discussed... and we're seeing it make the news more and more. One issue, are properties within these areas that are shells or foreclosed… thus affecting the value of neighboring homes.  Appraisers need ‘sold…
822 Views, 0 Comments

100% financing • $0 down

About six years ago I wrote the below article...  not much has changed since then.
VA loans and USDA loans are still the 2 programs that Lenders are referring to when they advertise "No money down!" or "100% financing".  It's a great headline to get you to inquire with the Lender and from there they hope to get you into a program.  Any program.

100% • There is another loan program available if your household income is under 115k.  Most of the Montgomery County area (and MD) is eligible.  No mortgage insurance, and no 2nd loan.  Of course good credit is required.  Don't forget in most scenarios there is still $ you will need to cover closing costs and/or have in reserves after closing.  It is possible to minimize this,

12,056 Views, 5 Comments

My average water bill has been about $120 for every 3 month billing cycle ($40/month).

water bill


Imagine my shock when my latest bill was over $1,000 !

water bill WTF

This happens to homeowners more than we realize.  Whether from a burst pipe while on vacation, or outdoor spigot left open, or as in my case a toilet flapper that wasn't making a complete seal.

I called WSSC and they walked me through a few steps on my Water Meter, first.  We determined the meter was working and matched their outside reading that was taken.  There was no way around it, I had to find the source of the leak and stop it.

WSSC told me to fix the issue, and to then call them back.  They allow for this to happen to their customers 1x every 3 years, and they will ADJUST the bill.  Thank God

425 Views, 0 Comments

Go to ->> Maryland Dept of Assessments & Taxation website:
Enter address...

 

 

 

 

 

 

 

 

NEXT SCREEN:

Click link below 'Account#' on far right

 

 

 

 

 

 

 

NEXT SCREEN:

Records go all the way back to 1999
"Click" under View at far right, to see FULL PROPERTY TAX BILL

 

 

 

 

 

 

 

 

 

 

 

NEXT SCREEN:

You'll be shown the complete TAX BILL
(Make sure you have filed for your Homestead Tax Credit)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

45,850 Views, 0 Comments

Can be found here... plats.net

For tax map and other tax information go to the Maryland Department of Assessments & Taxation website

 

 

 

NEXT SCREEN:

 

 

 

 

NEXT SCREEN:
Click "View Map" in upper right-hand corner

 

 

 

 

 

 

 

 

 

 

NEXT SCREEN:
You did it, you found the Plat


 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,359 Views, 0 Comments

The Riviera of Chevy Chase is located a half mile east from the heart of downtown Bethesda, Maryland.  This high-rise overlooks East West Highway to the North and The Capital Cresent Trail to the South. 

The building features spacious apartments, with great views from all windows and upscale light filled interiors.  Residents are met with a very cozy lobby and 24/7 front desk host. Residents also enjoy private garage parking, a roof top deck/pool with lifeguard, exercise room, sauna and a condo fee that includes all utilities. 

There is laundry on each floor, plenty of visitor parking, additional storage if needed and the building is very well managed with a friendly staff.

The Riviera has a prime location just a 5 minute walk from the shopping,

11,201 Views, 0 Comments