Archive for the ‘Buying’ category
Surplus Property For Sale By Charles County Commissioners
Working in the Southern Maryland Real Estate Market and Working allot with land, i take note of properties for sale in the area. I was driving down Middletown Rd close to where i have listed land before and noticed this sign. Now i know the Charles County Commissioners own allot of land in Charles County, [...]
Your Next Home Will Be Bought or Sold Online!
It’s true! I’m not talking about a few clicks of the mouse to sign the settlement papers (not yet, anyways), but the home buying process has become less about flipping through the newspaper and driving around to open houses, and more about surfing the net to see what’s available instead. Even as a Realtor, it can [...]
Charles County Perc Season 2008 is open!
As of 9am this morning, the county health department has announced that perc season is officially open. They don’t anticipate that it will be open for long, however, so if you’re scheduled to get a perc done this year, make sure you find out when you can get your testing done! If you’ve got any [...]
Buyers Are Still Holding All The Aces
Trying to decipher the current real estate market can be monumental task! It’s not just about the market reports, it’s about you as an individual. Who’s side are you on? Are you a seller trying to beat the market, or a buyer looking to cash in on a golden opportunity? Today I’m here to talk about buyers. Markets have [...]
KB Homes Pulls out of Charles County
Actually, KB Homes has pulled out of Charles County and the entire Mid-Atlantic Region, it seems. In addition to MD, DC, and Virginia, they have also shuttered operations in Chicago, IL, and Albuquerque as well. This is in addition to a previous announcement that they have decided to cease operations in California. What does this mean [...]
Charles County Perc Testing 2008
I’ve had a lot of people asking about the perc season this year. It’s been incredibly delayed, largely due to the low water tables that the Charles County is experiencing. I am hoping to have word on if there will be a perc season by 5pm this afternoon, and I will post the info as [...]
Charles County Foreclosure Update March 2008
I’m seeing more and more foreclosures, and none of the government assistance programs seem to be helping stem the tide of foreclosures that we’re currently seeing. Do Foreclosures Affect My Home’s Value? In Charles County in the last 60 days, there have been 12 foreclosures that have been sold, and a total of 135 (resale AND REO) homes listed and [...]
Credit Score Defined for you
Everyone’s at least heard of a credit score, but for a lot of folks the concept seems to be confusing (let’s face it, it IS confusing), but a basic understanding of what is being computed can go a long way in trying to ensure that you maintain a happy, healthy credit report! What Is It? [...]
Where is the market going?
I really wish there was some sort of easy solution to the deteriorating market that we’re seeing, but I seriously doubt we’ve hit the bottom just yet. I have a couple of points to make in this post, and they are very closely related, so I’d like to apologize in advance if this gets too [...]
Maryland Undervalued Properties For Sale
This was actually one of the search terms that someone used on yahoo! search this evening. The search led them to this blog. I had to think about this for a bit because I think everyone would love to be able to punch in a search term such as this to find fantastic real estate [...]
Charles County Maryland Foreclosure Report February 2008
harles County has seen an upswing in Bank Owned (REO) properties for sale in the past month. In my last report, I indicated that there were 55 current foreclosures on the market in Charles County. That number has now crept up to 69. Increasing Foreclosures REO properties are rising because of the fallout from the credit crunch, [...]
New Listing! This Quailwood Rambler is Gorgeous!
I recently listed a fantastic, spacious rambler in the Quailwood Subdivision of La Plata, MD! I simply cannot say enough good things about this home! The floor plan is well laid out, the home is in immaculate condition, the hardwood floors are gorgeous, and the rooms are spacious, with wide doorways in the living, dining, [...]
Prince George’s County Real Estate Market Update
What a year 2007 has been! The real estate market has changed dramatically, and 2008 is shaping up to be a year of continued adjustment! Looking Back Currently, Prince George’s County Sales Statistics show that homes sales aredown a little over 55% from where it was a year ago (934 homes sold 11/06 vs 418 homes sold [...]
Charles County Maryland Real Estate Market Report, December 2007
Here’s the latest on the current Charles County real estate market! Sluggish sales trends are continuing to force prices down while making it increasingly difficult to get a home sold due to the market pressure. What’s Good: The number of active, available homes on the market has fallen for the third consecutive month. As fewer and [...]
Charles County Foreclosure Statistics
Foreclosures are rapidly changing our local real estate market here in Charles County. The more foreclosures we see, the more home values are impacted, and the red hot foreclosure market is showing no signs of slowing down. County Update In 2006, we saw a total of 19 foreclosures sold through Realtors. In 2007, that number has jumped [...]
Charles County Maryland Sales Statistics November 2007
Charles County has been impacted heavily during the recent market downturn (although not as badly as PG County). Sales are down roughly 33% from this time last year, average days on market is up over 85% to 132, and average sales prices have fallen as well. Prices are down roughly 3% from November of 2006, [...]
St. Mary’s County Maryland Sales Statistics November 2007
St. Mary’s County, Maryland has a few interesting points to make note of when looking at the overall market health. First, the average and median sales price of a home here has gone up. While this is a very good sign, it is not the only indication that the local market is performing as well [...]
Foreclosure Buying Tips Part 2
This is part 2 of a 3 part series on how foreclosures work and how to find the best home to fit your needs at the best price. There’s really no great mystery to it, but there is a process to it and I’m here to do my best explaining how each step works and [...]
Foreclosure Buying Tips Part 1
Foreclosure was once that dirty word that nobody talked about, but with the recent market changes everybody who’s looking to buy a home is at least curious about how the process of buying a foreclosure works. There’s really no great mystery to it, but there is a process to it and I’m here to do [...]
La Plata Rabbler 3 Bed/2Bath $425k
I simply can’t say enough good things about this home! This home was built in 2003 and still looks new, inside and out! This property is located right in the heart of La Plata, within walking distance of nearby shopping. The Kitchen is fantastic, with granite counter tops a center island, and an eat-in breakfast [...]
Calvert County Maryland Market Statistics November 2007
Calvert County, much like Southern Maryland, is currently working through downward sales trends and coping with lackluster sales in the real estate market. Although sales volume is only down by roughly 10% county wide, a look at the bigger picture gives a much better indication of what the local market is actually facing. Prices are [...]
St. Mary’s County MD Foreclosures
ust a quick update for everyone keeping an eye on St. Mary’s County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in St. Mary’s County: 20 Number of Pre-Foreclosures for sale in St. Mary’s County: 18 If anyone wants to be added to the current foreclosure or [...]
Charles County Real Estate Market Report – November 2007
Wow, this has been an incredibly difficult year to try selling a home! As I’ve mentioned in previous blogs, Countrywide Home Loans was the first to take action to help ease consumer strain and keep people from being foreclosed on. It may be to early to tell, but it looks like we’re starting to see [...]
Investment Time
It seems to me like the number of clients looking to purchase a primary residence right now are outnumbered by investors looking at the current market as the perfect opportunity to find long term investments. Although I have a few people interested in picking up renovation projects, more of my investment clients are looking for [...]
PG County MD Foreclosures
Just a quick update for everyone keeping an eye on Prince George’s County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in PG County: 250 Number of Pre-Foreclosures for sale in PG County: 489 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing [...]
Charles County MD Foreclosures
Just a quick update for everyone keeping an eye on Charles County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in Charles County: 46 Number of Pre-Foreclosures for sale in Charles County: 55 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing lists, [...]
We Do Have Foreclosure and Pre-Foreclosure Lists
There seems to have been some confusion regarding foreclosure and pre-foreclosure lists in the region. Yes, I do have them, Yes, they are free, and Yes, I update them daily! If you are looking for foreclosure or pre-foreclosure lists or information, please give me a call (301-653-8116) and I can send that info out to you. I [...]
Horse Farm For Sale in Brandywine!
just put a horse farm up on the market and I wanted to let everyone know because this is quite simply an outstanding opportunity! This 6 acre property is income generating and has enough space for 18+ horses! If you or anyone you know is looking for a place to be able to stable their [...]
Foreclosure Buying Tips Part 3
This is part 3 of a 3 part series on how foreclosures work and how to find the best home to fit your needs at the best price. There’s really no great mystery to it, but there is a process and I’m here to do my best explaining how each step works and how you [...]
Charles County may have just gotten more expensive
For anyone out there who’s looking at buying a new home in the near future, you may want to take a look at this. Charles County has been charging developers in the subdivisions of Waterford and The Willows$15,000 per home as a school impact fee, and now that has gone up 10%. If you are considering purchasing in [...]
Charles County Market Statistics
I’ve had a couple of people ask me recently what the current market out look is in the region, so I’m putting up a quick portion of my market report to let everybody see exactly what we’re facing here in Charles County. If anybody has any questions about the charts, I’d be more than happy [...]
Gorgeous FSBO in La Plata!
This one won’t last long! Includes 4 BRs, 3.5 BAs, separate dining room, hardwood floors, formal living room, large open kitchen with island, huge open family room with gas fireplace, full basement, with full bath, landscaping with irrigation system & much, much more! 4260 square feet! Priced at $560,000 with all allowable closing costs. For [...]
St. Mary’s County Sales Statistics
I recently had a discussion on city-data.com about housing in St. Mary’s County, MD. I wanted to post a link for the median sales price of a home in zip code 20659 (St. Mary’s largest zip code) to better illustrate the market in the area. I’ve pulled the data directly from the multiple listing service (MLS) [...]
Fixing That Credit Score CAN Be Done, But Be Smart About It!
Lenders have decided to shape up their credit criteria, how healthy is your credit score? A lot of people are feeling the pinch with lenders tightening their belts and restricting their loan approvals more and more each day. Mortgage lenders are forced to be more restrictive these days, and some people are facing the need to [...]
Real Estate Auctions The Newest Wave?
Before the auction began we advised our client of the market price that he might expect to pay for his lot. And that he needed to decide how much he was willing to pay prior to the auction. This is very important because it is very easy to get caught up in the emotion and [...]
White Plains Townhouse: 4/3.5, for $250k
Every once in awhile I see a really great opportunity come by, and I like to make sure that as many people see is as possible. If you happen to be in the market for a great looking townhouse, this property is definitely priced right. It’s not my listing, but I’d love to find the [...]
Calvert County MD Foreclosures
Just a quick update for everyone keeping an eye on Calvert County, MD Foreclosure Information. Here is a list of the current stats. Number of Foreclosures for sale in Calvert County: 18 Number of Pre-Foreclosures for sale in Calvert County: 21 If anyone wants to be added to the current foreclosure or pre-foreclosure mailing lists, [...]
Secret Room leads to Mold Problem
Imagine finding a “secret room” in your house. Jason and Kerri Brown of Greenville found a secret room in their home behind a bookcase, and what was inside was a massive mold infestation. It seems that the bought the home from foreclosure and decided not to get a mold test done. It seems that the [...]
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