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Steve Queen's Blog

By Steve Queen | Agent in Bowie, MD
  • Crofton Mews homes for sale in Crofton MD

    Posted Under: Market Conditions in Crofton, Home Buying in Crofton, Home Selling in Crofton  |  May 27, 2013 4:57 PM  |  618 views  |  1 comment
    Author: Steve Queen

    Crofton Mews is a very exquisite community in Crofton, Maryland. The community offers an incredible new shopping plaza with in walking distance of the confines. This plaza offers a Wegmans, Regals Cinema, Houlhans, Bubbles Hair Salon, Target, Starbucks, Bed Bath and Beyond and much much more.

    Crofton Mews is conveniently accessible to Route 301, Route 97 and Route 50 and within walking distance to the metro and minutes from the subway. Crofton Mews is centrally located in the city of Crofton and borders the cities of Bowie and Glen Burnie. Crofton mews offers an incredible location.

    Nestled in a private, wooded area of Route 3 in Crofton Maryland, Crofton Mews offers a relaxed lifestyle in a highly desirable area. For information on pricing or to request a personal tour of available homes please call Steve Queen At (202) 367-4348.

    Two additional Crofton, Maryland homes sold by Steve Queen. Both properties had contract in 3 days. If you are interested in information about the Home Buying Process or Selling Process of any property in Maryland or the District of Columbia, please Call Steve Queen for your personal consultation at (202) 367-4348.

    2810 Klein Court Crofton, MD
    Click to View Tour
    Click to View Tour
    Click to View Tour
    Click to View Tour
    Click to View Tour
    Click For Listing Website Click For Interactive e-Tour
    This stately fully renovated colonial is located in the highly sought after Chapman Farm At Crofton Estates. Located on a quiet tree lined cul-de-sac this home exudes luxury from top to bottom. Enter to gleaming hard wood floors, crown and center molding throughout the main level. Prepare your meals in the gourmet kitchen that includes stainless steel appliances, granite counter tops, a dishwasher, a center island, 42 inch cherry wood cabinets, recessed lights and more. Dine in your eat in kitchen with a breakfast nook or enjoy your meals in the formal dinning room. Entertain in your finished walk out basement that includes a full bath. Retire upstairs to the master suite that includes spacious walk in closets, dual vanity bath, separate shower, soaking tub and much much more. With a deck and gazebo there is no home in Crofton that can match these amenities. Call Steve Queen at (202) 367-4348 for your personal tour.
    MLS# ComingThursNov1st
    $524,999
    5 Bed, 3 1/2 Bath
    2810 Klein Court
    Crofton MD, 21114

    EXIT BENNETT REALTY

    Steve Queen
    Steve Queen
    EXIT BENNETT REALTY
    301-459-5040

    Crofton Mews homes for sale in Crofton MD

    Where you purchase a community, not a home!

    Because buying or selling a home is a big decision, Steve Queen with Exit Bennett Realty is your Real Estate Expert in Bowie, Upper Marlboro, Greenbelt, Lanham, Laurel, Glenn Dale,Crofton, Glen Burnie, Clinton, Hyattsville and all other cities in Maryland and the District Of Columbia. You will have step by step guidance to access resources to make the transaction smooth. Call me today at (202) 367-4348. You are my #1 priority. Please give me the opportunity to prove it.

    View foreclosures, homes for rent or purchase as well as obtain valuable information on the home buying and selling process at www.stevequeen.com. I specialize in Short Sales.

  • Crofton Maryland Short Sale Information

    Posted Under: Market Conditions in Crofton, Home Selling in Crofton, Foreclosure in Crofton  |  April 7, 2013 7:21 PM  |  569 views  |  No comments

    Crofton MD Short Sale Information

    Author: Steve Queen

    A short sale occurs when a homeowner with a hardship sells a home for less than the amount due on the mortgage, with all the proceeds going to the lender. They offer an appealing alternative to foreclosures, but that doesn't mean that it's an easier process to endure. Here's an overview of what a homeowner should do when considering selling in a short sale.


    1. Talk to people

    After enduring a financial hardship and finding out that your home is underwater, your first steps should be to talk to one or more of three key parties: a CPA, a real estate attorney and or most importantly a qualified real estate agent.

    "Each state has its own laws regarding the lender's ability to come after the borrower for a deficiency after the sale or foreclosure, so it is highly recommended that homeowners discuss their situation with all three of these people," says Steve Queen, a real estate broker with Exit Bennett Realty in Greenbelt, Maryland. He adds that in some cases, it might be better to just go with a foreclosure or bankruptcy filing. Consulting with these three parties will help you to confidently go forward with the
    short sale, or to learn early on whether or not you should go another route altogether.


    2. Find the right agent

    If your discussions lead to a decision that a
    short sale is the way to go, it's time to choose the best real estate agent available. While many agents will tout themselves as short-sale experts and tag on fancy titles and certifications to their names, many times these are nothing more than titles granted after completion of a course.

    It's important to ask questions like, "How many short sale listings do you currently have? How many short-sale listings have you lost to foreclosure? Can I have the names and addresses of your last five short-sale listing clients?" "The
    short-sale process lives and dies with the listing agent," says John Makarewicz, a real estate agent in Atlanta who specializes in short sales. Also, be wary of scammers who offer things that sound too good to be true.


    3. Find the true value of your home

    Before embarking on the long process of a
    short sale, homeowners should verify the value of their home. This can be done in several ways. If you're trying to do as much work on your own, you can use tools like Real Estate's home value generator to approximate the value of your property by comparing it with the values of similar, neighboring houses. You can also look to your real estate broker to give you an estimate. A third option is to get an estimate from an independent appraiser. One way to do this is to search the Appraisal Institute website to find an appraiser in your area. "Too often I will see homes listed way below market value marketed as a short sale," says Makarewicz. "The banks are not dumb and they are looking for as close to market value as possible."


    4. List the home at the right price

    The price that the home is listed at is a key step in the short sale process. It should be slightly above market value, and the price should be lowered at pre-determined intervals until an offer is received. This will appease your bank by showing them that you tried to do your best to get them the most for your home.

    "Not only do you need an attractive sales price to entice a buyer to go through the shenanigans inherent in a short sale, but you need to satisfy the bank's appetite for profit," says Elizabeth Weintraub, a broker-associate at Lyon Real Estate and writer of the homebuying/selling guide at About.com. "If you can't give the bank a decent sales price, the bank might reject the short sale."


    5. Get your package together

    Once an offer is received, it's time to start building your short-sale package. Your lender will require a number of documents, including a hardship letter, your tax returns from the last two years and your last two pay stubs, among other things. When all is said and done, the whole package could be 60 to 80 pages long, according to Hertzog. It's essential that all required documents are included in the package, as banks will look for any and every reason to put off your short sale.


    6. Wait

    Now it's all about patience, a key part of the short-sale process. It could take about 30 to 45 days for the lender to get your short-sale package, put all the information on their system and assign the sale to a negotiator -- in some cases, it could take up to three months.


    7. Negotiate

    The negotiator from the lender will offer a broker-price opinion (BPO), or an appraisal, of your home. Typically, if the offer you've received is within 5 percent of the BPO and if all necessary information is given to the lender, the short sale will be approved. If the offer is too low, the lender could counter with a higher sale price. This may lead to some back-and-forth negotiating, and buyers may come and go, but keep your agent close and don't get discouraged. This is all part of the game. The entire short-sale process could take six weeks, while others may take a year or longer.


    A short sale is not for the faint of heart and having a Realtor such as Steve Queen to work with that's well versed in the art of short selling is a necessary.

    _______________________________________________________________________

    Steve Queen has sold countless Crofton, Maryland short sales. Some properties were accepted into The Homes Affordable Foreclosure Alternative Program (HAFA) which allows up to $3,000 for relocation expensives for the seller and releases them from any delinquency. Others were accpeted into the Pre Approved Cooperative Short Sale Program by the bank. This program allowed this seller to receive over $10,000 in relocation funds and released this seller from any delinquency that occurred from the short sale transaction.

    Crofton MD Short Sale Information

    Attention: Maryland and Washington DC Homeowners.

    Has your mortgage debt overwhelmed you and you need a solution?

    Are you experiencing:

    • Financial Hardship?
    • Shortfall in Monthly Income?
    • Insolvency?
    • Divorce?
    • Unemployment?

    There Are Alternatives To Foreclosure!

    • Explore the option of a short sale for your property!
    • Avoid foreclosure!
    • Save your credit and years of unnecessary hardship!
    • Receive up to $30,000 in relocation assistance from you bank!

    A qualified short sale agent will analyze your information and situation, and will explain your options available to you under recent changes to Federal guidelines and regulations.

    Because buying or selling a home is a big decision, Steve Queen with Exit Bennett Realty is your Real Estate Expert in Bowie, Upper Marlboro, Greenbelt, Lanham, Laurel, Glenn Dale, Crofton, Glen Burnie, Clinton, Hyattsville and all other cities in Maryland and the District of Columbia. You will have step by step guidance to access resources to make the transaction smooth. Call me today at (202) 367-4348. You are my #1 priority. Please give me the opportunity to prove it.
    View foreclosures, homes for rent or purchase as well as obtain valuable information on the home buying and selling process at www.stevequeen.com. I specialize in Short Sales.
  • Chapman Farm Homes In Crofton Maryland - Steve Queen

    Posted Under: Home Buying in Crofton, Home Selling in Crofton, Property Q&A in Crofton  |  December 11, 2012 7:19 PM  |  367 views  |  No comments

    Author: Steve Queen

    Chapman Farm Homes In Crofton Maryland

    Welcome to the golf course community of Chapman Farms. Chapman Farm is quickly accessible to grocery stores, general shopping areas, and restaurants, and is conveniently accessible within minutes to Route 301, Route 295 and Route 97. The community also boast jogging trails, tot lot, tennis courts and much more. Chapman Farm is within walking distance to the metro. Additionally, the city of Crofton is boardered by the cities of Bowie, Laurel, Upper Marlboro and Glendale.

    Enjoy walking to the golf Course!

    2810 Kein Court Crofton, MD
    Click to View Tour
    Click to View Tour
    Click to View Tour
    Click to View Tour
    Click to View Tour
    Click For Listing Website Click For Interactive e-Tour
    This stately fully renovated colonial is located in the highly sought after Chapman Farm At Crofton Estates. Located on a quiet tree lined cul-de-sac this home exudes luxury from top to bottom. Enter to gleaming hard wood floors, crown and center molding throughout the main level. Prepare your meals in the gourmet kitchen that includes stainless steel appliances, granite counter tops, a dishwasher, a center island, 42 inch cherry wood cabinets, recessed lights and more. Dine in your eat in kitchen with a breakfast nook or enjoy your meals in the formal dinning room. Entertain in your finished walk out basement that includes a full bath. Retire upstairs to the master suite that includes spacious walk in closets, dual vanity bath, separate shower, soaking tub and much much more. With a deck and gazebo there is no home in Crofton that can match these amenities. Call Steve Queen at (202) 367-4348 for your personal tour.
    MLS# ComingThursNov1st
    $529,990
    5 Bed, 3 1/2 Bath
    2810 Kein Court
    Crofton MD, 21114

    EXIT BENNETT REALTY

    Steve Queen
    Steve Queen
    EXIT BENNETT REALTY
    301-459-5040

    Chapman Farm Homes In Crofton Maryland

    Where you purchase a community, not a home!

    Because buying or selling a home is a big decision, Steve Queen with Exit Bennett Realty is your Real Estate Expert in Bowie, Upper Marlboro, Greenbelt, Lanham, Laurel, Glenn Dale,Crofton, Glen Burnie, Clinton, Hyattsville and all other cities in Maryland and the District Of Columbia. You will have step by step guidance to access resources to make the transaction smooth. Call me today at (202) 367-4348. You are my #1 priority. Please give me the opportunity to prove it.

    View foreclosures, homes for rent or purchase as well as obtain valuable information on the home buying and selling process at www.stevequeen.com. I specialize in Short Sales.
 
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