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Silver Spring, Ashton and Bethesda Information
Welcome > Local Info > About Montgomery County ...

Montgomery County is located adjacent to the nation's capital, Washington, D.C., and is Maryland's most populous and affluent jurisdiction. Within its boundaries you'll find urbanized central business districts, quiet suburban bedroom communities, high-rise condominium towers, multi-million dollar mansions, affordable townhomes, 55+ retirement communities, working farms and everything in between.

The county hosts a population of approximately 968,000 and is conveniently located within easy proximity of Washington D.C. (accessible via subway), Northern Virginia, Annapolis and Baltimore and is home to an impressive array of corporate and government employment centers and has the fourth highest concentration of biotech firms in the nation. It also boasts a world-class public school system operating 200 schools and serving 137,745 students (making it the 16th largest in the United States). Montgomery County is also one of the country's most well-educated with more than 63% of its adult residents 25 years or over having earned Bachelor's or Graduate degrees. Here's some more interesting data about the county…

         Land Area: 496 square miles
         Population: 968,000
         Average Age: 36.9 years
         Total Households: 360,400
         Median Household Income: $83,880
         Average Commuting Time by Car: 29.4 minutes
         Unemployment Rate (5/07): 2.7%

         Source: 2005 Census Update Survey, Montgomery County Planning Dept., M-NCPPS April 2006

On a more personal level, as lifelong residents of Montgomery County, we have a unique perspective into what makes it such a special place to live. Not only did we grow up in the county, we've now had the pleasure of raising our three children just miles from our childhood homes. We've seen the county grow and change. We've seen the local schools, both public and private, as students and parents. We've watched the development of a world-class subway system and we've seen the entire region paralyzed by an inch of snow - year after year! From many parts of the county we - and you - can be downtown to the monuments or museums in thirty minutes, to Skyline Drive in the Blue Ridge Mountains in an hour, boating on Chesapeake Bay or eating crabs in Annapolis in forty minutes and to the Maryland and Delaware beaches in a couple of hours.

For further information about our county please visit these websites:

Montgomery County, MD
http://www.montgomerycountymd.gov/

Montgomery County Public Schools
http://www.montgomeryschoolsmd.org/

Metrorail System Map
http://www.wmata.com/metrorail/systemmap.cfm

Montgomery County Chamber of Commerce
http://www.montgomerycountychamber.com/

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Real Estate Tips
Financing Your Home >Owner Financing

If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.

Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.

Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.

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Real Estate Trivia
Q 
Where are church services held in the water each Sunday during July and August?

A 
At Half-Moon Bay, Ontario, worshippers gather in boats facing the natural stone pulpit, and hymnals are passed to the floating congregation by ushers in canoes.
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The Savercool Team, REALTOR®, real estate agents and broker for Silver Spring, Ashton and Bethesda, Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

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