Kevin & Monica McNamara

"CCIM, CRS, e-Pro, GRI / Associate Broker"
  • I'm a:
  • Real Estate Professional
  • Company:
  • Coldwell Banker Residential Brokerage
  • Location:
  • Web sites:
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  • Phone:
  • (877) 480-7653
Kevin & Monica McNamara,  in Ocean City
  • 4 Answers
  • 2 First Answers
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About Me
Kevin and Monica McNamara have been selling resort real estate in Maryland and Delaware for over 50 years combined. They, along with their experienced team of agents, sell property in Ocean City, Maryland, Fenwick Island and Bethany Beach, Delaware. They love to sell real estate, and that very attitude shows in every thing they do. They provide excellent customer service before, during and after the sale. They take pride in the amount of repeat customers and clients that keep coming back to work with them. Nothing speaks more highly of their honesty and integrity and respect they have within the real estate community. For the most wonderful real estate experience you could every imagine, contact Kevin or Monica right this very minute.
Testimonials
""Dear Kevin and Monica - I would like to thank you and your team for all you did to make purchasing the property for my business seamless. Your professionalism, grasp of the real estate market and consistent follow-up made the purchase easy and stress free (which is always hard to accomplish in this fast pace world we live in). I would be happy to recommend your services to anyone.""
Gary & Joni W. Thu Jul 17
"I am writing today to give my vote of confidence in Kevin and Monica McNamara. I developed Jetty’s Break Condominium on 92nd Street in Ocean City, Maryland. It is a 15 unit complex, from 1-3 bedrooms. The prices ranged from $259,000-$699,000 per unit. The project began in August of 2002 and construction was completed September of 2004. All 15 units were sold by October 2004. Most of the units were sold prior to completion by Kevin and Monica. Upon meeting Kevin and Monica, I immediately realized that their enthusiasm for real estate was completely contagious to me. I could only imagine how well they could get a prospective buyer to be excited about a property such as mine. After interviewing several REALTORS in the area to market Jetty’s Break, I decided upon Kevin and Monica. They had a complete knowledge of the real estate market in the Ocean City area. As soon as I made it official that they were to be my sales team, their confidence and take charge attitude literally lifted responsibility and concern off of my shoulders, as I had no prior experience in developing and marketing such a project. I was completely confident from that point on that our business relationship was going to be a success. Their marketing tactics for Jetty’s Break exceeded my expectations manifold. They saturated any form of advertising available with advertisements for Jetty’s Break. Mailings, the internet, MLS, brochures, newspaper, they covered every outlet. During the marketing and actual sales of each of the units, Kevin and Monica worked fairly with, not only me and their own clients, but other realtors and their clients as well. I would recommend Kevin and Monica highly to anyone for their real estate needs. They offer a complete real estate package, each one letting their individual strengths work for you. They are second to none when compared to other realtors in the Ocean City Area."
Terry L. Sun Jan 27
"Mary and I simply want to thank you for your professional and courteous assistance in the purchase of our new home and the sale of our 69th Street condo. Over the years, we have had numerous occasions in which we worked with real estate agents in the sale or purchase of property, and working with you was an exceptional experience. Hope all went well with your son’s graduation and that the birth of “Baby Mac” will be another happy and fulfilling occasion. Maybe one of these days, soon, now that we are close by, you, Monica, Mary and I can get together for dinner in O.C. We look forward to that opportunity."
Dick & Mary S. Sun Jul 16, 2006
"Dear Monica and Kevin - Just a note to thank you for the beautiful framed print of Ocean City you gave us after our settlement. We hung it as soon as we walked into the condo—it looks just great in our hallway. We also wanted to thank you for the special efforts you made in finding our home and getting us to settlement so quickly. We also thoroughly enjoyed working with Caroline - she is so efficient and truly an asset to your team! Thanks once again for all you did for us - and we love our condo! We will not hesitate to recommend your team to our friends and family."
Cindy & Dennis M. Thu Jul 22, 1999
"A special thank you to you and your staff. When we decided to sell our condo at Harbour Club, we had no idea which real estate firm to list our property with, since we live in PA and our condo was in MD. We had received all kind of cards from different real estate people letting us know if we were ever interested in selling our condo, they were available, including you. When we received the card with the picture of you and your family, we thought what a beautiful family. We called you and set up an appointment. You were very impressive from day one, we never regretted one day that we list our condo with you to sell. You let us know when and where you advertised our condo for sale, you also let us know when someone was interested in it. Everything was done Professional. You certainly do work for the People. We’re sure many people throw those real estate cards away that they get in the mail. I assure you, we will keep your family picture forever. We’re proud to say this is the lady who got our condo at Ocean City sold fur us. Thanks again Monica. We wish you and your family a happy and healthy year."
Fred & Dorothy G. Tue Jun 1, 1999
"I worked with Monica Cartwright on the Ocean Breeze project from June of 1992 until December of that same year. Unfortunately, because of the economic and lending climate at the time, we were unable to secure reasonable construction financing that would have made me feel comfortable to continue with the project. I have been a builder and developer of residential and commercial projects both in Salisbury and Ocean City since 1981. As a result, I come in contact with many REALTORS that always seem to promise more than they deliver. Such is not the case with Ms. Cartwright. Throughout the entire Ocean Breeze negotiation, marketing proposal for the finished product, feasibility studies, search for financing, etc. She was always very professional and dedicated to trying to find solutions to the many obstacles we encountered. I would recommend Monica Cartwright as THE REALTOR to do business with in Ocean City. In fact, I recently sold my oceanfront property and purchased a bayfront home all through Monica Cartwright and O’Conor, Piper & Flynn. In my mind they are an unbeatable team when it comes to Ocean City real estate."
Palmer G. Tue May 19, 1998
My Q&A View all >>
Kevin & Moni…'s Questions (0)
Kevin & Moni…'s Answers (4)
Kevin & Monica McNamara answered:
First let's talk about the difference between a management company and a rental company. A management company deals with the day to day operation of the building. Which includes cleaning walkways, parking lot, etc. dealing with contractors, preparing and administering the condo's budget and insurance brokers. The management company has been hired by the Board of Directors to act on behalf of the owner's. If you buy a condo that you want to rent, you will hire a company to coordinate the rentals for you. They will find the tenants, assist with cleaning between check ins, accept monies for the rental on your behalf. They will be the check in location for the renter to get their keys, instructions and for tenant to call if there are any problems with the property when they get there. If a rental company provides full service for the owner they will charge you a percentage of the actual rental income that they book for you. For example, Coldwell Banker charges 16% of the gross rental income if they find the tenant, and 8% if you find the tenant and send them directly to Coldwell Banker. - Wed Aug 27 2008, 10:07

Why do some condo listings show $0 for HOA?

Kevin & Monica McNamara answered:
Because a property is called a condominium, does not represent that it is part of a "Homeowner's Association - HOA". In most cases that is true. However, it can be part of a condominium association where there are in fact regular dues. Most condominium dues in the Ocean City Maryland area include the master insurance policies, the use of the amentities for the building, exterior repairs and maintenance, your water usage, and in some cases cable television. The condo dues appear in a different area on the properties listing. So be sure to look for that. Keep in mind the dues are probably appearing as an annual amount. Don't get frightened if the number looks really large. - Wed Aug 27 2008, 09:49
Kevin & Monica McNamara answered:
Keep in mind that closing costs can vary from state to state and individual areas within each state. I posted an article on my blog addressing closing costs in Ocean City Maryland. If you go to http://activerain.com/blogs/monicac There is posting entitled "Closing Costs in Worcester County:. - Mon Aug 18 2008, 08:03
Kevin & Monica McNamara answered:
In Ocean City you are predominantly referring to the Condominium Association dues that are past due from the current owner. I had a circumstance where the buyer was buying a foreclosed property and the position of the condo association was that the past due condo fees were an "uncollectable debt" from the owner, so the association was not pursuing the owner. The plan of the condo association, was to take the monies that were past due, and pro-rate them among the existing owners. Neither the lender, nor the new purchaser paid those past due fees. However, the new owner was paying a portion of them by having their condo dues increased to make up the short fall. Do your homework! Bank foreclosures and short sales can be very complicated, and quite time consuming. Work with a real estate professional that has had experience in dealing with these types of sales.

Monica McNamara
Coldwell Banker
Monica@MonicaAndKevin.com - Mon Jun 30 2008, 09:02
My Listings
10300 Coastal Hwy, Ocean City, MD 21842 10300 Coast…
$339,900
2 br  2.0 ba Listing Web Site
411 146th St, Ocean City, MD 21842 411 146th St…
$199,900
2 br  2.0 ba Listing Web Site
10300 Coastal Hwy, Ocean City, MD 21842 10300 Coast…
$275,900
2 br  2.0 ba Listing Web Site
10300 Coastal Hwy, Ocean City, MD 21842 10300 Coast…
$212,000
  1 ba  
9307 Chesapeake Drive, Ocean City, MD 21842 9307 Chesap…
$324,900
2 br  1½ ba Listing Web Site
14500 Wight St, Ocean City, MD 21842 14500 Wight…
$299,900
1 br  1 ba  
View all 22 listings
Specialties
Residential Oceanfront and Bayfront Real Estate in Ocean City, Maryland and Fenwick Island and Bethany Beach Delaware.

Also, Kevin is a CCIM (Certified Commercial Investment Member) the most difficult designation to achieve thru the National Association of REALTORS. He is the leading expert for commercial real estate in the Ocean City area.
Experience
Latest:
Associate Brokers for Coldwell Banker Real Estate
Over 50 years combined experience selling resort real estate.
January 1975—present
Certifications & Awards
CCIM, CRS, GRI, e-PRO
Associate Broker
Interests
We love to sell real estate, and we do that most of the time. When we're not, we play tennis, hack around at playing golf and love to boat. Also, both avid readers. Monica likes to fancy herself as a frustrated screenwriter.
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