1) Home Value estimator websites
–>Look up Rentals and rental comparables
2) Research your potential Neighborhood
–>Check where convicted Felons live
–>Search sex offenders in MD
–>Check crime reports
–>Call police dept
3) School locator
–> Montgomery County
4) Maryland land records
–>Search the Maryland land records by County. Registration required
5) Government programs/financing/eligibility; FHA, VA, USDA, FNMA, FHLMC
–>VA website, determine if your condo building is VA approved.
–>Hud FHA website, determine if condo building is FHA approved.
–>USDA website, determine if property is eligible for usda financing.
100% financing, NO mortgage insurance.
–>Determine HUD median income & FFIEC code for lenders.
–>FNMA loan look-up. Is your loan owned by Fannie Mae
–>FHLMC. Is your loan owned by Freddie Mac
6) LOCAL govt; MPDU, Workforce Housing
–>Montgomery County’s MPDU program. Find out if you’re eligible. Steps to take once you have your certificate. Good contact at MPDU; Janet Lewis, 240-777-3711
–>Current MPDU’s for sale. You must have your Certificate of Eligibility which will give you how much you qualify for.
–MPDU, HOC Loan Officer Patricia Ebbert 301-984-4348
7) Your Credit
–>Prevent credit bureaus from selling your info for the next 5 years.