I am looking at property on Olney Mills in Olney, MD. I will be selling in 2-5 years. Will I have trouble?
selling or is this pocket of real estate in a safer zone?
Sun Mar 16 2008, 14:54 - Olney - Home Buying - 6 answers
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2 years is a very short time window.
Sun May 4 2008, 19:57 Web Reference: http://www.buymeahome.net
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Cristi,
I work there. Olney is to yesteryear as Takoma Park is to the 60's. It retains the small town charm of the days past. Everyone seems to know one another. It is a wonderful place. If you move here, you may stay a lot longer than 5 years. You just have to try the Cajun Shrimp at the Olney Grill...it is to die for. Tue Apr 29 2008, 21:53 Web Reference: http://www.jmacsays.com
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Cristi:
Money magazine had an article this past year on the top places to live in the US. Olney was rated #16! Sun Mar 23 2008, 09:39 Web Reference: http://www.northropteam.com
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Cristi
You will build equity no matter what. Olney Mills in Olney Md is a great area-close to shopping,schools and bus lines. I know the area well being a native Washingtonian. Fri Mar 21 2008, 20:20
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Cristi, no one can forecast the market in future, but you will never go wrong on purchasing a Real Estate and selling it in future! Why? Because your property will appreciate minimum of 4-8% annually. However, the best time to sell your property is in the Selling Market. Why? Because the Demand of home buyers are greater than supply of homes.
As we are moving toward the uptrend in Real Estate market, if you buy now and sell in 2 to 5, you should gain equity in your property. Don't wait to buy a Real Estate, Buy Real Estate and wait! Cheers, Mon Mar 17 2008, 08:12 Web Reference: http://www.RezaProperties.com
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FIRST ANSWER
The plus is that today's market is so-so. In 2-5 years you should have no problem as the market will have stabilized and the inventory of home wil be diminished. If you are in need of financing, I can help you.
Steve Abelman FreeStar Financial Rockville, Md 301-468-0900 www.freestarfin.com Sun Mar 16 2008, 15:29
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