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JohnBroughton

Fiftysomething
Silver Spring, MD

Favorite Cheer!

Q&A

bstarr
Question:

Do you think home prices are going to continue to fall?

Asked by bstarr Answer»
JohnBroughton
Answer:Prices have been falling in most of the country for at least a year. Most experts, I think, are predicting that - at best - prices in 2008 will continue...
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VictoriaB
Question:

I've been reading about all the home foreclosures and how it's an opportunity...

Asked by VictoriaB Answer»
JohnBroughton
Answer:If you pay a fair market price for the house, you're not profiting from someone's loss - their house has already lost value. And if the house has been...
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falczuk
Question:

What hidden things should the new buyer beware of?

Asked by falczuk Answer»
JohnBroughton
Answer:Life is full of surprises. Here are a couple of things to consider: * The real estate agent helping you (who should be a buyer's agent) doesn't have...
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wishuponastar
Question:

fixed rate or adjustable rate?

Asked by wishuponastar Answer»
JohnBroughton
Answer:Adjustable rate mortgages have a lower interest rate - but then you have to worry when the adjustable period (1 year, 3 years, whatever) is over, the...
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