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Ocean Pines : Real Estate Advice

  • All32
  • Local Info3
  • Home Buying11
  • Home Selling0
  • Market Conditions0

Activity 16
Sun Mar 19, 2017
Pamhavefaith asked:
Fri Dec 12, 2014
Connie answered:
The Parke is way to expensive - I see they didn't add in the city taxes and the Pines HOA fees
The pines fees are 909/yr and I know the city taxes are high also. They have beautiful homes but by the time you pay all the taxes and the condo fee plus the hoa fees you are looking at around 4500/yr just for taxes. ... more
0 votes 2 answers Share Flag
Sat Aug 16, 2014
impjonas answered:
Depends on the area in Ocean Pines you live in. I know some of the streets have had a drainage problem that is being addressed by the board of directors of OP. I can only tell you about my own house on White Sail Circle. The house sits 15 ft from the water, is approx 18 inches above ground. In the last 2 years or more, we have had some horrendous storms, including the monster that they were calling the "perfect storm." While the water on that occasion breached the bulkhead, it never reached the house, and it never has as far as I know, in the 30 years it's been there. As far as insurance. We pay a little less than $500. a year for flood insurance. To keep the price within reason, we elected to have a $10,000. deductible on the building, and a $10,000. deductible on contents. It's a lot, but make a choice. Pay big IF you ever have a flood, OR be insured up the wazoo! Hope this helps. ... more
0 votes 3 answers Share Flag
Tue Jul 22, 2014
Annette Lawrence answered:
Confer with your REALTOR and inquire if any current owner disclosures are readily available for you to review.

Not so easly obtained, but the sheculed maintaince plan may also prove revealing.

Be advised, you are not ENTITLED to these documents UNLESS you have made a purchase offer. Your REALTOR will need to use their skills and contacts to find them on your behalf.
... more
0 votes 4 answers Share Flag
Sat Jan 4, 2014
Keith Jean-Pierre answered:
There is no property attached to this question.
0 votes 1 answer Share Flag
Sat Jan 4, 2014
Ruth and Perry Mistry answered:
Hi Donna

You should look into Local Investment clubs.

These clubs have investors.

Good luck

Ruth
0 votes 1 answer Share Flag
Thu Jan 2, 2014
Sharyn O'Hare answered:
Charlotte,

I assume you are asking about a property in Ocean Pines. All of our deeds are recorded in Worcester County. Call 410-632-1200. This is the main number for the county (I don't know if they are open today, but you might try). They should be able to assist you.

If you are looking for who the owner of records is, it is on line. Just google that. If there is anything else I can answer, or if this answer doesn't help, then feel free to call me at 410-603-4777.
Thanks and good luck!
Sharyn O'Hare
... more
0 votes 5 answers Share Flag
Mon Dec 9, 2013
Steve Parsons answered:
Ocean Downs is the casino. You mean Ocean Pines. :)

Kids who live in Ocean Pines will go to Showell Elementary School (located in Showell, MD), Berlin Intermediate School, Stephen Decatur Middle School, and Stephen Decatur High School (all located in Berlin, MD). Ocean Pines has no schools in the community. ... more
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Thu Nov 21, 2013
Sharyn O'Hare answered:
Jennifer, I will be glad to send you more info. Contact me via email at sharyn@sohare.com

RE: the amenities in the Pines, I suggest that you go the brand new Ocean Pines website www.OceanPines.org. It's all there, including the current activity guide, events, new Yacht Club under construction, pool, tennis, and golf info, and host of other info.

Hope that helps. I will look forward to hearing from you.
Sharyn O'Hare 410-603-4777
... more
0 votes 1 answer Share Flag
Thu May 24, 2012
Imad Elali answered:
Hi Lynda,

Ocean Pines is about a 9 mile/15 minute drive from Ocean City.

I hope this helps.

Imad Elali,
410-250-1919
Imad@BeachRealEstateSales.com
0 votes 1 answer Share Flag
Tue Feb 7, 2012
Charlotte Powell answered:
No, that won't work. You need to put 20% for most conventional mortgages and the real issue is the appraisal. A home priced at $220,000 will not appraise for $100,000 more. Also, there are mortgages available with less than 20% down. I am an Ocean PInes agent, so let me know if I can assist you. You may want to talk to a local lender for more options. ... more
0 votes 2 answers Share Flag
Wed Nov 30, 2011
Timphilip answered:
Looks like you gave it away, I have an investment property that brings in 20 k a year, its only a 2 bedroom 1 bath home..... Has a pool and hot tub as well as a two car garage.... Will take 225,000.00 cash
Tim
... more
0 votes 3 answers Share Flag
Wed Aug 3, 2011
Dave Leiderman answered:
In this market your best bet is to sell one of those properties first. I just went through a very similar scenario where clients of mine had to sell their home and a family member';s. It took about 4 years but we finally settled on a place a couple weeks ago. The problem is, Sellers don't want to take a contract contingent upon selling a property, especially if its not local to our area. Unfortunately, your best plan of action is to sell one or both of those homes aggressively then look to buy something. There's a lot of inventory to select from so its not as though you won't have options when the time comes. Take care of business in PA first. You'll be in a much better position to buy once everything's sold there. Best of luck. Hope this helps. ... more
0 votes 1 answer Share Flag
Sat Jul 23, 2011
Dave Leiderman answered:
The listing agent will...should...have the most knowledge of the home they are listing for sale, aside from the homeowner(s) of course. That said, you are not obligated to use that agent to see other properties. In my opinion, if you like what you see of the home then I recommend you contacting the listing agent unless you have a rapport or buyers agency agreement with another Realtor. If not, try the listing agent "on for size", see how your comfort level is with him or her and take it from there. As the prospective client, YOUR needs and criteria are what's most important. If you like the listing agent but want to see other houses then request to do so. If you don't like the agent - or better put - don't "hit it off" with him or her then pursue other avenues. Think of it as an interview process. I'd also advise not to go chasing listing agents around based on your property searches. Eventually you'll want to work with someone consistently who has your interests at heart and someone who you feel comfortable with. As was previously stated, the seller pays the commission in most locales so I wouldn't concern yourself with that. I spend a considerable amount of time in Ocean Pines and would be more than happy to work with you as you consider our area for property. Best of luck to you, whatever you decide! ... more
0 votes 8 answers Share Flag
Tue May 10, 2011
Dave Leiderman answered:
Good morning Pam. Although you may have the answer to your question by now, I feel compelled to reply to your post.

The "Processing Fee" or "Administrative Fee" or "Additional Commission" (whatever they call it) is instituted by the brokers be it a corporate owned brokerage or a small "mom and pop" type company. To the very best of my knowledge, the agents in the Ocean Pines market have nothing to do with it. In most cases, the brokerage will not rescind this charge. That leaves the decision up to the agent. I almost always "eat" the fee since I know my company (and others) won't. I don't know of a single Realtor who likes the fee but many of my peers include it in their marketing, specifically with Buyers since the buyers don't pay commissions (traditionally in this market the Sellers do). This is a growing trend in MD and if you don't see it now you will in the future. Its just a matter of whether the Realtor you work with will consume that fee on your behalf.

I hope that helps.

Dave
... more
0 votes 5 answers Share Flag
Wed May 4, 2011
Christopher Pagli answered:
Hi, You should seek your own representation. If the home is listed with an agent, keep in mind that agent represents the sellers best interest and will use any information you give them against you in a negotiation. Even things finances, motivation etc, so have some one representing your best interests. Once you have someone haelping you they can submit your offer and help guide you through the process. Of course you can do this without representation and go directly to the agent or seller if not represented.

Chris
... more
0 votes 11 answers Share Flag
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