Yes, we do offer these. I would be happy to go over the details with you, but in short, offer a 1st mortge up to $494,500 and then a second up to $300,000 with 10% down. Please contact me if you would like more information. 301.585.7283... more
I worked with Ryan Homes sister company NV Homes for 9 years and Ryan will negotiate just like anyone else selling homes in todays market. They try to tell you that the price is what it is but thye need to sell homes. The best time to buy a Ryan Home is at the end of a month. All of their divisions need to meet their monthly sales goals and if they are behind their monthly plan for sales they will negotiate more than they usualyy would. If a neighborhood is selling good then they may not need to negotiate as much. It really depends on which location you are looking to buy in. Call me or email me if you have any questions.... more
That will depend on the market value for that area today. Banks follow their own rules. Some are easy to deal with and others are impossible. Do not pay more than comparable homes for that neighborhood. But also, how badly do you want that home? Are you prepared to walk away if the seller does not accept your offer or would you want to increase your offer from the original? How would you feel if someone else got the property because they offered more?... more
I help investors on a regular basis and have investments as well. Generally I stay away from condos because it's tough to get a positive cash flow with high condo fees and assessments. If you are trying to find something affordable, I would consider a small single family home (like the ones behind the shopping center on 175) or a townhome. Townhomes generally rent very well and very quickly, especially in Piney Orchard. Just be sure that you have positive cash flow and investigate the association for the community to find out how many delinquent accounts they currently have. If there are too many delinquencies, Buyers will have trouble getting financing. Most buyers in that price range are going VA or FHA and too many delinquencies will prevent them from getting their loan. Good luck, if we can help...let us know!... more
Assuming you haven't refinanced since you bought the house (or refinanced before 2005), you should probably be able to rent it for less than your mortgage payment. I have a 3BR townhouse in Glen Burnie that is rented for $1550 and, generally (need to know your specific location for a specific idea), a Piney Orchard 3BR townhouse shouldn't be too far off especially when the newest apartment community next to Arundel Mills is starting from $1145 for a 1 BR apartment.
My opinion (without having specific knowledge of your situation) is to keep it as a rental as long as you have good tenants and positive cash flow. When you are ready to sell, you can do a 1031 exchange and defer taxes indefinitely.... more