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Fort Meade : Real Estate Advice

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  • Home Buying7
  • Home Selling0
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Activity 5
Tue May 7, 2013
Catherine Purcell answered:
Hello Scott,

I spent 40 years in Maryland and am now in MA. I would be happy to speak to you regarding condominiums in the Fort Meade area. Make sure you check the condition of tge financials with tge HOA or condo associations. Many are either bankrupt or close to. Even if you pay cash or go with Conventional financing, this can greatly affect your resale ability as the new purchasers will not be able to use government financing in situations where the condo fees are delinquent more than 15%. It i much different than in MA where the condo associations are stronger financially.
Watch out also for polybutelyene piping. This was used in many condo developments.

Areas around Ft. Meade are good for rental properties. I like Odenton, personally because it has easy access to DC and Ft. Meade.

Good luck!

Catherine Purcell
202 573-6035
617 456-1700 ext 116
catherinep@fairwaymc.com

Catherine Purcell

Catherine
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Tue Nov 12, 2013
My NC Homes Team answered:
Typically repairs are up to you unless you get an FHA 203K loan which would give you some additional money (along with many rules to adhere to) to repair your home. This is a specialty loan product and not every lender handles them but I'm sure there are some who do in your area.

You're obviously looking at foreclosure properties, and honestly as someone who helps at least 10-15 buyers a year purchase foreclosure properties, I hope you'll read the article I posted below. Trust me Foreclosures are rarely a great deal. Most are a fair deal at best after doing all the repairs/improvements necessary. It's often easier to buy a better home that's not being sold as-is.
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Tue Apr 5, 2011
David J. Moore answered:
The area that would suite your needs best is dependent on what you are looking for in a home and a neighborhood. There are many different options available to you in close proximity to Fort Meade.

If you can share a little more about what you are looking for in a neighborhood and the investment range on your new home, I could give you better information.

Regarding schools, there are a couple of places you can find the answers. You can check out the board of education or try www.greatschools.net

I hope this helps, and if you would like to discuss any information about neighborhoods and their amenities and which one may be best for you, give me a call 443-837-5404.
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Sun Feb 14, 2010
Bernadette Coates answered:
I'm listed on the PCS America website, but only for the free directory.
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Tue May 6, 2008
Tom answered:
yes i have lots of them. so many that I need help call me right away
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