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North East : Real Estate Advice

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  • Local Info2
  • Home Buying5
  • Home Selling0
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Activity 8
Tue Jan 9, 2018
June Michael answered:
I just saw this 2011 posting attached next to my 2017-18 listing for rent. Our house was never rented before so don't know why this is here.
0 votes 5 answers Share Flag
Wed Nov 13, 2013
rbergwall answered:
Sue: Check out 90 Cherry Lane in Perryville. Fantastic waterview home. Call me at 301-237-1565 if you would like to see it.
0 votes 7 answers Share Flag
Tue Jun 11, 2013
Catherine Purcell answered:
Yes Sammie,

At this time most properties are getting between 95 - 105% of asking price. But it does depend upon whether or not the listing agent priced the property correctly.


If you are considering putting an offer in on a property, you should ask your agent to pull up the comparables on the property. Comparables are 3 or more properties that are similar in structure and features to the property that you want to make an offer on, the properties would have to be SOLD within a reasonable amount of time (6 months to a year - with properties SOLD more recently bearing more weight on the appraised value). If for some reason there are no SOLD properties within a close proximity to the subject property then you can go out to similar neighborhoods for comparables.

If you are financing the property, the bank will order an appraisal. The appraiser will pull comparables to determine value. The bank will only lend a percentage of the appraised value.

I would love the opportunity to work with you and finance your home.


Sincerely,

Catherine Purcell
Senior Mortgage Loan Officer
Fairway Independent Mortgage Corporation
cell 202 573-635
catherinep@fairwaymc.com
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1 vote 1 answer Share Flag
Sat Mar 23, 2013
Rocsheen Holston answered:
Hi Doris,
In order to give you an exact worth of your home, you would need to consult an agent to give you a comparable market analysis of your home (CMA). Try that first. If you need any assistance, please give me a call at 301-917-5721 and we can go over this.


Rocsheen Holston, Realtor
1401 Mercantile Lane, Sutie 100,
Largo, Maryland 20773
301-917-5721 direct
www.dmvmetrohomes.com
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1 vote 3 answers Share Flag
Sun Aug 12, 2012
Akil Walker answered:
Rolling Mill sold for 106K last month on 7/16/12. It was a foreclosure. There are currently 13 homes available in North east subdivision and some land.
0 votes 2 answers Share Flag
Wed Apr 20, 2011
Keith Gilkey answered:
This property is under contract and to settle 4/22/11 and then it should be updated on the MLS within 48 hours.
If you want to check the sold properties you can go to my web site. I have a web page that has the last two weeks of sold properties in Cecil County. This page is updated daily. The link to the page is:
http://kgilkey.advancerealtyusa.com/getagent/Pages.php?Page=0000760092&aid=026300623&chome=1&
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0 votes 3 answers Share Flag
Fri Feb 25, 2011
Phil Rotondo answered:
If you are the successful bidder, you will need to sign checks over to the Trustee. Usually, after all sales are complete, the auctioneer will write you a receipt, ask how title is to be held and you'll be done. The Trustee can record the Trustee's Deed for you or they will send you the deed along with any excess funds from your checks. Sales are sometimes invalidated by legal reasons, if so, you will receive your funds back. Expect to have everything done one to two weeks after the sale.
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