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Property Q&A in 21740 : Real Estate Advice

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  • Local Info3
  • Home Buying11
  • Home Selling3
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Activity 5
Wed May 14, 2014
Constance Zombro asked:
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This question was asked from this property: http://www.trulia.com/rental/3155339810-421-Jefferson-St-Hagerstown-MD-21740?ecampaign=con_day_rentalpropertycomp_bk&eurl=www.trulia.c…
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Thu Apr 24, 2014
Cathy Wright asked:
I have a American Bull Dog and a Cat. I always taken very good care of the properties I've been in.

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This question was asked from this property: http://www.trulia.com/rental/31493937…
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Mon Feb 22, 2010
David Lidz answered:
Hey Dj,

Yes, there are these issues going on, and the glut of rental housing is definitely real. So, if you are not from the area, it's probably not the place that you would go out of your way to invest in (and there are other reasons why it's better to have a local understanding.)

There are very good things going on in Baltimore, and also in the Balt-Wash Suburban counties which might appeal to you.

You should drop me an e-mail and tell me specifically what you are looking for in an investment property; that I way could respond a little better. I am a landlord myself, and I have worked withing in the foreclosure/wholesale niche throughout Central Maryland for 10 years now in a variety of capacities.

Thanks for your repsonse.

~david

David Lidz, Realtor®
Passport Realty, LLC
831 North Calvert Street
Baltimore, MD 21202
(410) 903 - 9489 - cell
(410) 752 - 0006 - office
(888) 591 -7758 - fax
lidzmail@yahoo.com
www.davidlidz.com
www.HomeAgainMaryland.com
www.CharmCityRents.com
... more
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Wed Mar 4, 2009
Michael Draper answered:
Homes behind Wal-mart in Hagerstown are located in the community called Hagers Crossing. While the sale prices are extremely low in the neighborhood right now, the taxes are very high. This is because single-family homes had been selling for over $400,000 and townhomes were selling around $280,000 to $325,000. The most recent townhome that sold in Hagers Crossing sold for $112,000 and the average sale price for townhomes is around $150,000. There are many people up-side-down on their property values in this neighborhood and I suspect that prices will continue to fall as more and more homes go into foreclosure in Hagers Crossing. If you purchase a home in that neighborhood, it could be sometime before values begin to climb compared to other neighborhoods that haven't dropped in value as dramatically. I would use caution when considering purchasing in Hagers Crossing. Another reason is that there are hundreds of homes still to be built in that neighborhood and the builder will force prices down to complete sales. Also, should you want to sell your home in Hagers Crossing down the road, you may find yourself still competing with new construction at lower prices. ... more
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Mon Feb 9, 2009
James S Stoneham answered:
This property does not appear to be on the market for sale or rental at this point. I would be happy to help you locate something ellse in the area if you would like. You can call me at 301-661-9694 or email me at james.stoneham@jgr.com. ... more
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