Baltimore Area Real Estate

Playing Detective... Pricing Historic Homes in Urban Neighborhoods - Step 3

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Sat, 07 Nov 2009 20:46:39 -0600

Maryland, and Baltimore in particular has been voted the most visibly historic town in America. There are lots of historic neighborhoods, historic homes not just in Baltimore but across the state. Pricing homes that are visibly historic, on the National Register of Hisoric Places or within historic districs can be both a challenge and time consuming. The most important thing you can do to help your client is to preview other homes in your marketplace, so you know how the homes compare and therefore how the prices compare.

If you are in the market to purchase an historic home or are in the market to sell an historic home then you want to work with an agent that is familiar with historic properties, historic neighborhoods, the local enforcement requirements for maintaining and improving historic homes.

If you are thinking of buying or selling a home give me a call today and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. You can save thousands by listing your home with Advance Realty Anne Arundel Inc.. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building a lone is worth the plunge into todays market.

In keeping with saluting our heroes, during 2009 Advance Realty Anne Arundel Inc is waving administrative fees active duty military, retired military and the families of fallen military, as well as policemen, firemen and emt's. If you enter into a contract by the New Year's eve Advance Realty Anne Arundel Inc. will waive the admin fee at settlement. This is a $350 savings. If you are thinking about buying or selling a home give Advance Realty Anne Arundel a call and receive full service real estate assistance from an experienced agent. Our office is open 7 days a week and we can be reached at 410-761-1550.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Via Jennifer Allan, Author of Sell with Soul (Sell with Soul):

Here's the third, well, kinda the fourth (if you count the introductory teaser) installment in my series "Pricing Historic Homes in Urban Neighborhoods." You can read the rest of the series here:

Introduction
Step One - Before you price, prepare!
Step Two - Preview, preview, preview

I've had a few comments come in to the tune of "Wow - that's a lot of work - is it really necessary to spend so much time pricing a home?" Well, I say - YES! It is necessary! After all, our product is property, and our sellers pay us darn good money to know our product and move THEIR product off the shelf... so I believe with all my heart that we owe it to our future adoring fans to do our homework and make the most knowledgeable recommendations we're capable of.

Although... we'll never be perfect. Sigh.

Back to Pricing.

In the last installment, I talked about how important it is to preview preview preview. The more competing listings you preview, the better sense you'll have of where your listing falls into the mix.

Remember, the houses you're previewing are 1) the competition for your listing and 2) houses that haven't sold.

Why is it important to check out the active listings? Some agents don't preview because they don't think the active listings are relevant. "All that matters is SOLD." Eh, I disagree. First, what's SOLD is not competing with your upcoming listing, and when you're dealing with older homes, buyers don't always have a lot of options that meet their criteria. In many cases, the buyer will only find one or two homes that even come close, so knowing what they're comparing your listing to is critical.

Second, it's important to know WHY that active competition hasn't sold. Especially if it appears to be "priced well." You'll never know for sure why a house hasn't sold by looking at the MLS, although you may have your suspicions. It's not as if the listing agent is going to tell you that the house reeks of cat urine or point out that there's no bathroom on the main floor.

So, when you're previewing, ask yourself...

WHY hasn't this house sold?

WHAT makes it superior (or inferior) to "my" listing?

HOW could the listing agent do a better job marketing this home?

WHO is the ideal buyer for this property and is it the same ideal buyer as "mine" will attract?
(I can't think of a "when" or a "where," so I'll move on).

Training yourself to ask these questions at every house you preview makes you a better previewer, and therefore, a better pricer. It also helps you to remember each house so you can speak intelligently about the competition with your seller when discussing pricing, as well as down the road when that homes' status changes (sells, withdraws or reduces the price), you'll be able to nod and say to yourself, "Hmmmm, I thought so!"

Speaking of down the road... this is another important reason to preview. When or if the competition sells, you'll be familiar with it in case appraisal problems come up on YOUR property and the appraiser wants to use comparables that aren't appropriate. If you've been IN all the comparables, it's much easier to make a compelling case!

Okay, ‘nuff about previewing. Next time, we'll talk about how to evaluate the SOLDs in your CMA to help you price your historic home in your urban neighborhood!

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The Homebuyer Tax Credit

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Fri, 06 Nov 2009 10:43:14 -0600

The HomeBuyer Tax Credit

Great news! The Homebuyer Tax Credit has not only been extended, but it has also been expanded to include current qualifying homeowners. The following are some of the features of the new bill:

Deadline for current credit is November 30, 2009.
Deadline for new and improved credit is April 30, 2010, as long as the home is under contract by that date; deal must close within 60 days or no later than June 30, 2010.
Eligibility and amount of new credit:
- $8,000 for first-time homebuyers (those who have not owned a home in the last three years).
- Up to $6,500 credit for homeowners who have lived in the home they are selling (or have sold), as a principal residence for five consecutive years of the last eight.
Buyers with incomes exceeding $125,000 for single and $225,000 for married couples are not eligible for the full tax credit but may qualify for a portion of it.
Homes valued at more than $800,000 are not eligible.

Sooooo....if you are a current homeowner, you might be eligible for a $6500 credit. And if you're a new homebuyer, you can receive up to $8000 credit.

BUT, legislators on both sides of the aisle agree that this credit will not be extended again. They urge anyone considering buying a home to do so by next Spring. This should also inform potential sellers' decisions regarding listing a property. Time is of the essence. Fall and winter has always been a slow time in the home sale market, and prices tend to be lower now than in the spring market, so now would be the best time for buyers to buy homes.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

378 Colony Point Ln., Edgewater, MD 21037 - Open House Sunday Nov 8 - 12:00 - 5:00 pm

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 05 Nov 2009 11:47:47 -0600

John Newcomb | Advance Realty | jnewcomb@advancerealtyusa.com | Primary: (410) 761-1550
Cell: (410) 570-5717
Fax: (410) 761-1404

378 COLONY POINT PL

$420,000

Click here to view the full details of this property.

Year Built:	1997
County:	Anne Arundel
Bedrooms:	3
Baths:	2 full, 1 partial
Sqr Footage:	0
Garage Spots:	1.0
Garage Desc:	1.0 car garage attached
Subdivision:	SOUTH RIVER COLONY
MLS Number:	AA7186699

COMMENTS

Senior Living At Its Best! This elegant 2 story townhouse in the 55 plus community of renowned South River Colony has a single family feel in a townhome community. With over 2300sq ft, this roomy 3 bedroom, 2 bath home is designed for senior living with a spacious 1st floor master bedroom and large private bath. The easy access shower was built for beauty and includes modern safety features. Entertain the whole family in the formal dining and living rooms. For the gourmet in the household, satisfy all tastes in the full sized eat in kitchen. On the second floor you can spread out with 2 spacious bedrooms, a full bath, as well as the open air loft which overlooks the living room. Listen to the sounds of the season as you relax on the screened porch off the kitchen. It is true Chesapeake living with Great Blue Herons in your own backyard. You may even see an occasional deer as this home backs up to the woods. Walk across the street to visit the Senior Center and Library or stroll over to Main Street for upscale, as well as casual dining. Boutique shopping and professional services are also just a short walk. This master planned community offers many impressive amenities including 300 acres of wooded preserves with walking trails, along with two resident only swimming pools, tennis courts and playground. Everything you need is right here at South River Colony. But, if you like to venture out, you're only 5 minutes from the highly ranked South River Golf Links, just 10 minutes from Historic Downtown Annapolis and 35 miles from Washington D.C.

ADDITIONAL FEATURES

Additional Rooms: Living Room, Dining Room, Bedroom-Master, Bedroom-Second, Bedroom-Third, Kitchen, Other Room 1, Laundry-Kit Lvl, Loft, Main Lvl BR
Additional Structures: Office/Studio, None
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer
Kitchen Features: Kit-Island, Eat-In Kitchen
Exterior Features: Patio, Porch-rear, Porch-screened, Sidewalks
Lot Features: Backs to Trees, Landscaping
Ownership Type: Fee Simple

John Newcomb

Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: jnewcomb@advancerealtyusa.com

Primary: (410) 761-1550
Cell: (410) 570-5717
Fax: (410) 761-1404

Office: (410) 761-1550

View My Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Trend MLS or MFR MLS or MRIS MLS or TMLS or LVAR MLS or EBRDI MLS or Baris MLS or Rayac MLS or Coastal Assoc. MLS or Cape May County MLS . Real estate listings held by brokerage firms other than Advance Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

11727 Pindell Chase Dr., Fulton, MD 20759 - Huge Price Reduction!!

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 05 Nov 2009 11:33:30 -0600

June Piper-Brandon | Advance Realty | junepiperbrandon@gmail.com | Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

11727 PINDELL CHASE DR

$899,000

Click here to view the full details of this property.

Year Built:	2004
County:	Howard
Bedrooms:	5
Baths:	5 full, 1 partial
Sqr Footage:	0
Garage Spots:	3.0
Garage Desc:	3.0 car garage attached
Subdivision:	PINDELL CHASE
MLS Number:	HW7096001

COMMENTS

Dramatic Price Reduction! Magnificent 5 bedroom colonial on one-acre country-setting, only minutes from Columbia. Plenty of space for entertaining, gleaming hardwood floors, state-of-the-art granite and stainless kitchen, home theatre, game room, Master suite with soaking tub, separate shower and sitting room with fireplace. Must see this incredible home. All offers subject to bank approval.

ADDITIONAL FEATURES

Additional Rooms: Living Room, Dining Room, Bedroom-Master, Sitting Room, Bedroom-Second, Bedroom-Third, Kitchen, Recreation Rm, Family Rm, Garage, Other Room 1, Other Room 2, Other Room 3, Library, Foyer, Bedroom-Master 2, Bedroom-First, 2nd Master BR, 2nd Stry Fam Ovrlk, Attic-Unfinished, D
Amenities: Attic-Access Only, Auto Gar Dr Opn, Built-in Bookcases, Granite Counters, MBA/Sep Shwr, MBA/Sep Tub, MBRs-Multiple, Master Walk-in Closet, Shades/Blinds, Tub-Soaking, W/W Carpeting, Walk-in Closet(s), Wet Bar/Bar, Wood Floors
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrg/Frz, Icemaker, Microwave, Oven-Wall, Range hood, Refrigerator, Six burner stove, Washer, Water dispenser
Basement: Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Outside Entrance, Rear Entrance
Kitchen Features: 2nd Kitchen, Gourmet, Kit-Breakfast Bar, Kit-Island, Kit-Table Space, Sep Dining Rm
Ownership Type: Fee Simple

June Piper-Brandon
e-PRO, CRIS, Broker
Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: junepiperbrandon@gmail.com

Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

Heritage and Museum Yard Sale - Baltimore Museum of Industry November 7, 2009

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Wed, 04 Nov 2009 13:46:30 -0600

Heritage and Museum Yard Sale

Have you ever wondered what Museum's have hidden in their attics and basements? Now is your chance to find out what treasures are found when fifty local history museums clean out their attics and basements for this Museum Yard Sale from 8am to 2pm on Saturday, November 7, 2009 at The Baltimore Museum of Industry's Waterfront Pavilion, 1415 Key Highway, Baltimore, MD 21230. Proceeds benefit the outreach and educational programs of the Greater Baltimore History Alliance (GBHA) and no, there won't be any artifacts or museum pieces for sale.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Pricing Historic Homes in Urban Market - Step Two - Preview, Preview, Preview!

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Wed, 04 Nov 2009 08:05:04 -0600

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Via Jennifer Allan, Author of Sell with Soul (Sell with Soul):

Just another installment in the series: Pricing Historic Homes in Urban Markets...

Introduction
Step One

In the last installment, I recommended that you always, always, always drive by your subject property before doing anything else. If you can get inside, so much the better...

So after you have a good visual of your subject property, it's time to go check out the competition - otherwise known as "previewing." (If your market frowns on previewing, and many do, please share with the audience how on earth you properly price homes!).

When I interview to list a property, I often find myself bonding with the home, to the point where it's almost as hard for me to be objective about it as it is for the sellers. I really have to fight the temptation to be overly critical of "my" listing's competition, while excusing "my" listing's challenges and flaws. Sometimes I'll take another agent with me on my previewing tour to help keep me objective.

SELECTING THE HOMES TO PREVIEW
Which homes should you preview? In a word (okay, a phrase) - as many as you can. Even if they aren't exactly comparable. With every house you tour, you gain a little better grasp on the up-to-the-minute marketplace, which makes it much easier to pinpoint the proper price range to recommend. It just happens naturally. As you look at the competition, you'll start to get a feeling for where your listing falls in the scheme of things, and the more you look at, the more confident you'll be in that feeling.

I try to preview at least 10 houses when I'm pricing a home. Sometimes I'll get lazy and only hit five - and I always regret it. It seems that it's right around the sixth or seventh house that I start to trust my gut about pricing. And that gut feeling is further confirmed on the eighth, ninth and tenth.

Depending on my price range, I'll preview all comparable houses within $50,000 (on each side) of where I think my listing will fall. By "comparable," I mean homes that offer similar square footage for the money. I probably won't preview a 1,000 sqft Bungalow if I'm listing a 2,000 sqft Victorian; they just won't attract the same buyer, even though they may very well be priced similarly. I always preview any homes within one block of my seller's property, even if they aren't comparable at all. It's just good practice in case the seller asks you about it.

Always preview the low outliers. A "low outlier" is a house that looks good on paper, but seems to be a screaming deal. You need to know why it's priced so well... but hasn't sold. There probably is a good reason. If there isn't, then this is the listing to beat. But we'll talk about that later.

How about the high outliers? The houses that are priced way above the rest, which are probably getting your seller all excited? Look at those, too. Chances are that they're just grossly overpriced (and the more houses you look at, the more sure you'll be of this). If they aren't overpriced, there's something really fabulous about them, and you need to know what it is.

As you're setting your previews, note if any homes are difficult to show. That will definitely affect market value. And frankly, if they are, I'll skip them. Lazy? Maybe, but on the other hand, a difficult-to-show home is not going to be comparable to MY listing because I don't take difficult-to-show listings!

Effective previewing in an urban market entails a lot more than just looking at a bunch of homes. Sure, that's what you're going to do (look at a bunch of homes), but in order to really evaluate the information you're gathering, you need to go in with the heart & mind of a detective.

We'll talk about that next time.

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Are you a Veteran or Active Duty Military? Applebee's is saying THANKS!

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Wed, 04 Nov 2009 07:45:03 -0600

More companies like Applebee's and Advance Realty Anne Arundel should give thanks to those that put their lives on the line for our communities and our country.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Via Tammi Copsey REALTOR® Baltimore County Maryland (Long & Foster Real Estate, Inc. Perry Hall, MD 21236):

On Wednesday, November 11, 2009 Applebee's is offering a free meal to Veterans and Active Duty Military with proof of service...
what a wonderful gesture!!

The menu (six meals to choose from) and details of the promotion can be found on their website:
http://www.applebees.com/vetsDay/default.aspx

Please pass this message along to anyone who has served or is serving their country!

Applebee's locations in Maryland:
http://locator.applebees.com

I have received no compensation from this blog post and I am not affiliated in any way with Applebee's.

Tammi L. Copsey, REALTOR®
Long & Foster Real Estate, Inc.
8712 Belair Road, Baltimore, MD 21236
(410) 529-1900 office * (410) 529-5954 fax
(410) 258-5123 Blackberry
tammi.copsey@lnf.com
http://www.tammicopsey.com

1109 S. Clinton St., Baltimore, MD 21224

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Mon, 02 Nov 2009 21:49:31 -0600

June Piper-Brandon | Advance Realty | bmorerealtor@gmail.com | Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

1109 Clinton Street South

$599,000

Click here to view the full details of this property.

Year Built:	1900
County:	Baltimore City
Bedrooms:	3
Baths:	2 full, 1 partial
Sqr Footage:	0
Garage Spots:	0.0
Garage Desc:	N/A
Subdivision:	Canton
MLS Number:	48627242

COMMENTS

Beautifully renovated home just steps from Canton Square and with a full water view of Baltimore Harbor from the lovely roof top deck. Home features gorgeous hardwood floors, spacious kitchen with designer cabinets, beautiful granite counters and a full compliment of stainless appliances. Upstairs you'll find recessed panel doors opening to storage and loads of closets. On the top floor you have a beautiful sitting room opening to a balcony leading by way of spiral staircase to the roof top deck. The bathrooms are gorgeous with steam showers. You won't want to miss this beauty with over 3000 square feet of living space. All this and a 2 car parking pad accessible from the rear facing dining room. This lovely home is well laid out and spacious. Located close to all Canton has to offer and within easy access to I895 and I95 and easy commute to DC and all parts around Baltimore.

ADDITIONAL FEATURES

June Piper-Brandon
e-PRO, CRIS, Broker
Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: bmorerealtor@gmail.com

Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile

Glen Burnie, Anne Arundel County, Maryland - Market Update for the Week Ending October 31, 2009

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Sun, 01 Nov 2009 22:38:02 -0600

Glen Burnie, Anne Arundel County, Maryland - Market Update for the Week Ending October 31, 2009

Happy Halloween!! The Anne Arundel County real estate market is still seeing a welcome increase in sales and settlements over the past weeks, the sales are edging higher. Interest rates are still low. The home sales still aren't as swift as we would like to see, however, they are remaining fairly stable. The number of new listings has declined steadily over the past few weeks and we are seeing a slight increase in the number of homes going under contract and settling. Home prices are also remaining fairly stable as we move into the Thanksgiving Season. Now that fall is here to stay we'll see another spurt in activity before the winter hibernation. I'm surprised I'm not seeing more new home buyers making the decision to buy with so many great deals available. Now with the economic stimulus changes (up to $8000 in tax credits) and low interest rates it will be interesting to see how this all changes. Overall, there has never been a better time to buy, than right now but buyers need to hurry because the tax credit times are coming to an end soon.

These figures are taken directly from our MRIS system and are believed to be accurate.

Glen Burnie, MD

New Listings 15 (decrease 2 from last week)

Under Contract 15 (increase of 2 from last week)

Settled Sales 15 (increase of 2 from last week)

Anne Arundel County

New Listings 130 (decrease 27 from last week)

Under Contract 113 (increase 4 over last week)

Settled Sales 134 (increase of 40 over last week)

Glen Burnie offers many affordable housing opportunities for those relocating to Ft. Meade and Annapolis. Glen Burnie is located north on 97 from rt 50 or north on Rt. 2 from Annapolis Naval Academy and east along 32 and north on 97 from Ft. Meade. It is a relatively easy commute from either base and only a couple short miles from the Curtis Bay Coast Guard Station too, as well as being commutable to DC whether you ride the MARC from Odenton or drive.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Jim Craig's Allstate Office, Federal Hill, Baltimore City, MD

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Sun, 01 Nov 2009 22:08:42 -0600

Jim Craig's Allstate Office

I met Jim Craig a few years ago at a Live Baltimore event in Baltimore City. We talked shop and he asked if he could compete for my business. At the time I was happy with my automobile insurer and the price was good. My insurance wasn't due to renew for 6 months. Five months later I got a call from Jim. He asked me a few questions and was able to save me over $100 on my car insurance. I had gotten a quote online on the companies website but that quote was much higher than Jim's. That was five years ago. My insurance has gone down every year. Then last week Lauren called me from Jim's office and they were doing a review of my file and found that I qualified for a new program that will reduce my insurance by 5% and in talking to her she found something else that reduced our insurance another $87

Over the years I have referred many clients to Jim Craig and they all have the same thing to say about the service they receive. And, my latest buyer got insurance for her flat roof row house from Jim too, when she wasn't able to get insurance elsewhere and it didn't cost her an arm and a leg.

Over the years Jim has continued to compete for my business in order to keep it. And, he will continue to compete for the business of my friends and clients.

Jim's office is located at 912 Light Street, Baltimore, MD 21230 in Federal Hill and you can reach Jim by phone at 410-752-1300. Jim always says that his goal is his customer's complete satisfaction. I am definitely a satisfied customer.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Pricing Historic Homes in Urban Markets - Step One - Make Like a Boy Scout...

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Fri, 30 Oct 2009 07:06:24 -0500

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Via Jennifer Allan, Author of Sell with Soul (Sell with Soul):

Earlier this week (or maybe last week?) I promised to do a little series with tips on how to properly price historic homes in urban markets. Here's where I promised that - you might want to read it first.

Got distracted by conversations ‘bout Real Estate Reality Shows, but here I am again, back to the more mundane issues of our daily grind... pricing homes to sell. Yawn. (I say that a little sarcastically; I totally love this stuff).

Pricing historic homes in urban markets is a bit (a lot?) more time-consuming than pricing newer homes in planned developments. But, at least to my way of thinking, it's a whole lot more fun! Hope you think so, too...

Step One is to Drive by the Home. Never, ever, ever begin the pricing process until you've at least driven by the subject property. You need to have an accurate mental picture of the home and its general location on the planet in order to take the next step. When you drive by, be sure to look for any locational challenges such as nearby railroad tracks, overhead high-tension power lines, undesirable neighbors (either commercial or residential) or obvious parking issues. If the home has an alley, drive through it to see what the back of the house overlooks.

Very few older urban homes are in a perfect location; almost all have some locational "amenity" that buyers will object to. You need to be aware of any such objections upfront. On the other hand, if the subject property IS in a perfect location, that's something you need to know as well, because most of the comparables you'll be using won't be.

While we're on the topic, it's far better if you can get inside the house before you prepare your CMA. I usually handle this by doing a 2-step listing presentation - the first being an information-gathering/rapport-building meeting and the second focusing on the current market - i.e. pricing. (Actually, I do a three-step listing presentation, but I'll talk about that later).

That said, whether you do a one-step, two-step or even three-step listing presentation, never meet face2face with a seller without first, driving by the house, and second, perusing the relevant market data online. You need to be at least conversational about the local market, even if you haven't done your detailed research yet. Remember, the general public thinks all we do all day is drive around and look at houses, so if you stutter, stammer and hedge when the seller asks you about his neighborhood's market activity during your first meeting, he'll certainly doubt your professionalism and expertise. Being able to casually toss out a few neighborhood statistics or hyper-local market factoids will do wonders for your confidence and credibility.

If there are any homes for sale or any that have recently sold within one block of the seller's home, know the details of the listings or sales, even if they aren't comparable. Your seller knows all about them and he'll expect you to as well.

Homeowners in urban markets tend to be pretty enamored with their neighborhood and will expect their real estate agent to be, too. So, be as prepared as you can, as early as you can.

Next Time - Step Two - Gentlemen (and ladies), Start Your Research!

p.s. By the way, the Winter of Soul special pricing ends on Sunday. Until Sunday at midnight, the price for the entire 11-session series is only $49. On Monday, it goes up to $59. Click here to read more about what your $49 (or $59 for last-minute shoppers) gets you!

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293 Hillsmere Dr., Annapolis, MD 21403 - Open House Sunday 1pm - 4pm

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 29 Oct 2009 22:08:49 -0500

Elizabeth Hartge | Advance Realty | betsyhartge@yahoo.com | Primary: (410) 761-1550
Cell: (443) 370-1277

293 HILLSMERE DR

$358,900

Click here to view the full details of this property.

Year Built:	1960
County:	Anne Arundel
Bedrooms:	3
Baths:	2 full, 0 partial
Sqr Footage:	0
Garage Spots:	2.0
Garage Desc:	2.0 car garage attached
Subdivision:	HILLSMERE ESTATES
MLS Number:	AA7189385

COMMENTS

Welcome to Hillsmere!! This lovely cape cod home is just listed in the desirable water front community of Hillsmere Estates. This great community boasts such wonderful community ammenities as pool, beach, marina and is located next to Quiet Waters Park. This home has a lot of space for you to spread out into and has a 2 year old heat pump, spacious rooms, possible 4th bedroom, newly renovated bathrooms with lovely ceramic tile, lower level family room with new drywall and carpeting, large kitchen and much more. You can walk to Quiet Waters Park and the Library from this lovely home. Your new home is situated on a lovely treed lot and is priced to sell quickly so don't wait too long!! Call today for your private showing.

ADDITIONAL FEATURES

Additional Rooms: Other Room 1, Living Room, Dining Room, Bedroom-Second, Bedroom-Third, Kitchen, Family Rm, Den, Foyer, Bedroom-First, Other, Utility Room
Amenities: Attic-Finished, Bath Ceramic Tile, Built-in Bookcases, Entry Lvl BR, FP Glass Doors, FP Mantels, FP Screen, Shades/Blinds, Sump Pump, W/W Carpeting, Washer/Dryer Hookup, Wood Floors
Community Amenities: Basketball Courts, Beach, Boat Ramp, Boat Slip, Common Grounds, Mooring Area, Picnic Area, Pier/Dock, Pool Mem Avail, Pool-Outdoor, Security, Water / Lake Priv
Appliances: Dishwasher, Disposal, Dryer, Dryer-front loading, Exhaust Fan, Icemaker, Oven-Single, Oven/Range-Electric, Range hood, Refrigerator, Washer, Water Conditioner
Basement: Combination, Daylight, Full, Heated, Improved, Partially Finished, Windows, Workshop, Sump Pump
Kitchen Features: Kit-Island, Kit-Table Space, Sep Dining Rm, Eat-In Kitchen
Exterior Features: Flood Lights, Porch-enclosed, Porch-rear, Porch-screened, Street Lights
Lot Features: Backs to Trees, Partly Wooded
Ownership Type: Fee Simple

Elizabeth Hartge

Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: betsyhartge@yahoo.com

Primary: (410) 761-1550
Cell: (443) 370-1277

Office: (410) 761-1550

View My Properties

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4106 Glenarm Ave., Baltimore, MD 21206 - New Lower Price!!

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 29 Oct 2009 07:32:20 -0500

June Piper-Brandon | Advance Realty | bmorerealtor@gmail.com | Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

4106 GLENARM AVE

$134,900

Click here to view the full details of this property.

Year Built:	1942
County:	Baltimore City
Bedrooms:	4
Baths:	1 full, 1 partial
Sqr Footage:	0
Garage Spots:	0.0
Garage Desc:	N/A
Subdivision:	GARDENVILLE
MLS Number:	BA7106206

COMMENTS

Beautifully renovated with new electric and plumbing, beautiful hardwood floors, new kitchen, new wall to wall carpet. This home shows well and is ready for the pickiest FHA or VA buyers. This home features three bedrooms upstairs and a possible fourth in the basement or a den. From the time you park in front of your new home you are greeted by a nicely landscaped front yard and front patio. Enter through a vestibule into the living room. Bright natural light streams in from outside and with a fresh coat of paint this home really shines. The floor plan lends itself well to entertaining and moving around. There are built ins under the window in the dining room and there is even space for a buffet or china cabinet. The rear yard is fenced and there's a lovely kitchen garden just off the back deck. You won't want to miss this great home. Seller will help with closing costs. See it today or it'll be gone.

ADDITIONAL FEATURES

Additional Rooms: Living Room, Dining Room, Bedroom-Master, Bedroom-Second, Bedroom-Third, Bedroom-Fourth, Kitchen, Foyer
Amenities: Built-in Bookcases, Home Warranty, Shades/Blinds, W/W Carpeting, Washer/Dryer Hookup, Wood Floors
Appliances: Dishwasher, Dryer, Refrigerator, Stove
Basement: Partially Finished
Kitchen Features: Sep Dining Rm
Exterior Features: Deck, Fenced-Rear, Patio
Lot Features: Landscaping
Ownership Type: Fee Simple

June Piper-Brandon
e-PRO, CRIS, Broker
Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: bmorerealtor@gmail.com

Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

How To Buy A Short Sale - A Must Read For Agents and Buyers!

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 29 Oct 2009 07:18:50 -0500

In this market place, short sales are a fact and are here to stay. It is important for agents to know what to ask and how to proceed with a short sale rather than avoid them all together. At Advance Realty Anne Arundel we have a lot of short sales listed and for the most part we work with a third party negotiator that specializes in short sales and loan modifications.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Via Satar - Amiri Property and Financial Services Corp.:

OK, so I spent some time reading blogs of agents not wanting to make offers on short sales because they find them too confusing and a waste of time as they don't where they stand with their purchase offer nor can they explain the process to their buyers. I also encounter this on my day to day activities as a real estate broker.

First the basics:

1. What exactly is a short sale? Basically, it's getting the lender(s) to agree to accept less than what they are owed in order to release the lien on the property. This can also apply to other people and entities that hold liens on the property, such as the IRS, private individuals and business entities that hold judgment liens and mechanic liens, etc.

2. What's in it for the listing broker? Well, assuming the listing agent/broker is knowledgeable and experienced in order to close the deal, they usually get their commissions knocked down to 4%-5% after spending hours on negotiations with the lien holders.

3. What's in it for the sellers? Less of a credit hit and a chance to rebuild faster than a foreclosure. A chance to settle their debt (if any) prior to foreclosure. They also can stay in their house for free while the short sale is being negotiated.

How to Approach a Short Sale Listing agent:

Either you or a client spot a short sale listing. Prior to showing, you need to call the listing agent and ask the following questions:

1. Have you submitted a purchase offer to the bank? If yes, do you have a buyer in place for this short sale? In other words, are the sellers planning to sell this house to a friend or relative who will rent back and sell back to them in the future? Is the buyer who submitted the offer a real buyer and are they still around? If the answer is yes, you might want to skip this one unless you don't mind being in 2nd or 3rd position with the offer amount currently presented to the bank. If no, then continue to number 2.

2.  Have the owners applied for a loan modification? If so, has a BPO been done? If so, when was the date of the last BPO. If a BPO was recently done (within 6 months) were you able to get the BPO price? If no recent BPO was done, then continue to number 3.

3. Are you handling the short sale negotiations yourself or are you outsourcing this to a third party? If it is a third party, ask who will be the point of contact for the BPO? If the point of contact will be someone else besides the agent, ask if they are willing to be the point of contact. If no, then skip this one. If the agent will be the point of contact, then continue to show the property to the client.

How to Approach the listing:

Ideally you want it to be owner occupied with the owners home. You show the home to your clients and if they like it and would like to make an offer, then you have your clients inform the homeowners that they would like for their agent (which is you) to submit an offer to their agent. However, they want to submit a low offer so they will be in a better position to negotiate with the homeowner's lender. Have your client explain that by going low, they will have a better chance to negotiate and make the home lendable (as the buyer will need an appraisal done to finance as well) should the market decline while negotiating the short sale. In return for submitting only their offer, your clients will promise to buy the stove (or a pair of shoes) for a few thousand dollars (or whatever you can negotiate based on home values and discounts). It most likely will become a very positive experience as the homeowners are excited that they will profit from the sale of their home and have money to move.

If the owner is not around or cannot be located (vacant listing), then you will need to explain the intention to the listing agent and promise the listing agent that your buyer will guarantee at least a 3% commission to the listing agent. That the buyer will cover expenses rejected by the lender on the HUD-1. That the buyer will pay the difference of what the first lien holder is willing to pay the second lien holder and what the second lien holder is willing to accept.

How to write the purchase offer:

You ask the seller to pay for all expenses, such as (but not limited to): HOA transfer Fees, Title, termite, home warranty, lawyer/escrow fees (depending on your state), etc. In California, I have "each to pay their own" on escrow. You also ask that the seller pay 3% (use a number, not just a general 3%) in closing cost.

Before I suggest a purchase price, I want to inform you that this works for my area (SoCal) where home prices range from 200k to 2 million and it must be tweaked based on your market area and what experience has taught you. So for my area, I look at the lowest comps I can find. For homes around 100k, I suggest your purchase price to be 30% less than lowest comp you can find. For homes around 200k, 15%-20% below the lowest comp. Homes over 300k, 10% below the lowest comp. For a recent real life example, if Fair market Value of the home is 585k and the lowest comp you can find is 550k, then your purchase offer should be for 500k with 15k for closing cost.

With the owners making money and the listing agent getting guaranteed commissions, your offer will be the only one presented to the bank. No more wondering where you stand and in what position.

After the offer has been presented to the Bank:

It is very important that you make sure that one of the agents involved is the point of contact for the bank's BPO. It is also important that the BPO cannot gain access to the property without you or the listing agent being there. You (or the listing agent) will need to give the BPO person the low 3 active and 3 recently sold low comps with MLS print outs, a Comparative Market Analysis and you can even take it a step further and provide them with a BPO that you have done, that answers questions such as distance from the comp price to the subject property. It will also answer questions that the BPO will have difficult with. If the property has any damages, you should give a copy of a high repair estimate from a licensed contractor (this should have been submitted with the short sale package as well). You can download free BPO forms from the web. You also inform the BPO agent that this property is in foreclosure and the owners would appreciate any help in getting their short sale approved. inform them of the purchase price. Their reaction will tell you what you should expect.

The End Result:

Your buyers are happy with their short sale property. Both you and the listing agent made full commission. The previous owners have the financial means to move on and avoid a foreclosure. A true win-win-win situation.

Points of Interest:

1. The listing agent should be very experienced with doing short sales and can handle simple issues, such as the 2nd lien holder asking for more than what the 1st lien holder wants. As you gain knowledge and experience with short sales, you are able to gauge their knowledge before hand so you can even determine whether you want to show their listing or not. If I can't convince them otherwise, I personally avoid "highest and best" agents and those who state they submit all the offers to the bank.

2. The listing agent and/or owner should be educated that submitting the highest and best offer is not always the best thing for them, even in states that have deficiency judgments. Deficiency judgments should be waived in the short sale process.

3. As a buyer or buyer's agent, never spend a dime or give an earnest deposit on any short sale until you have a written approval in your hands from the listing agent.

4. As a buyer or buyer's agent, make offers on as many short sales as you like, and go with the first one that materializes with the terms that are acceptable to you.

5. Inform the buyers they must wait and be patient as to the outcome. My experience gives me the average wait time of 2.5 months. The quickest start to close I had was 10 days and the longest was 1 year!

This has been a no-thrill blog (no pictures and just plain text) to educate agents and buyers as to how to buy short sales at great prices. This works great for my clients and I in my market Area and the numbers and/or process should be tweaked to match your market area. I have been told that my method might be considered unethical and that I am doing a disservice to the owners and their lenders. The fact is, the lenders could care less about the owners. It's all about the numbers with these lenders and they are protecting their investors. My method ensures that the owners will not go into foreclosure. It also allows the property to be marketable when you finally get that approval letter 6-8 months down the road and the buyer walked! Also, I've seen short sales become REOs and eventually sold for less than what the short sale offer price. So in a sense, we are helping the lenders minimize their loss as well.

Feel free to comment (negative comments are welcomed too!) on the blog, make suggestions, ask questions, etc. I hope this has been of some use to you guys and after reading this, I will see more buyers present offers on short sales!

Glen Burnie, Anne Arundel County, Maryland - Market Update for the Week Ending October 24, 2009

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 29 Oct 2009 07:11:57 -0500

Glen Burnie, Anne Arundel County, Maryland - Market Update for the Week Ending October 24, 2009

The Anne Arundel County real estate market has been seeing a welcome increase in sales and settlements over the past weeks, the sales are edging higher. Interest rates are still low. The home sales still aren't as swift as we would like to see, however, they are remaining fairly stable. The number of new listings has declined steadily over the past few weeks and we are seeing a slight increase in the number of homes going under contract and settling. Home prices are also remaining fairly stable as we move into the Thanksgiving Season. Now that fall is here to stay we'll see another spurt in activity before the winter hibernation. I'm surprised I'm not seeing more new home buyers making the decision to buy with so many great deals available. Now with the economic stimulus changes (up to $8000 in tax credits) and low interest rates it will be interesting to see how this all changes. Overall, there has never been a better time to buy, than right now but buyers need to hurry because the tax credit times are coming to an end soon.

These figures are taken directly from our MRIS system and are believed to be accurate.

Glen Burnie, MD

New Listings 17 (decrease 1 from last week)

Under Contract 13 (decrease of 8 from last week)

Settled Sales 13 (decrease of 5 from last week)

Anne Arundel County

New Listings 157 (decrease 7 from last week)

Under Contract 109 (decrease 8 over last week)

Settled Sales 94 (increase of 26 over last week)

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Artists for Amy - Country Rock'N Country - Change of Date to March 20, 2010

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Mon, 26 Oct 2009 22:37:24 -0500

Artists for Amy is a 501c3 charitable organization created to help families cope with some of the financial strain of caring for a seriously ill child. This assistance includes but is not limited to household bill relief, prescription assistance, transportation to medical appointments or treatments, auto repairs, babysitting and child care expenses or even an X Box for a child who will be house bound for an extended period of time.

Artists for Amy is housed with Shooting Star Studios in Glen Burnie. Shooting Star Studios is located at 5 Crain Hwy, in the same building where our office is located. Shooting Star Studios offers a full range of audio/video, photographic, and management services for recording artists.

On March 20th, 2010 at the Lyric Theatre in Baltimore, Artists for Amy presents Country Rock'N Country a concert featuring Dean Crawford and the Dunn's River Band, Rob Byer Band and Flipside. Tickets are available from members of the band, the Lyric box office 410-577-SEAT and Ticketmaster and range in price from $15 to $35. This concert will feature an Incredible Show, Silent Auction, Door Prizes and a 50/50 too. Artists 4 Amy have received some great items for the Silent Auction, CD's autographed by Toby Keith, Phil Vassar, Darryl Worley, Diamond Rio, and Josh Turner! Plus, they have received some of their autographed 8x10's and t-shirts. More to come!

Please join Advance Realty Anne Arundel in supporting this great organization. We'll see you at the show. Advance Realty Anne Arundel will donate $100 from each home sold by any one who attends Country Rock'N Country with the presentation of a ticket stub or anyone who supports Artists 4 Amy through a donation of over $50. Purchasers or sellers must present a ticket stub or tax receipt at the time of signing a listing agreement or buyer's agency agreement and proceeds to successful settlement with a participating agent from Advance Realty Anne Arundel Inc.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

293 Hillsmere Dr., Annapolis, MD 21403

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Mon, 26 Oct 2009 07:03:59 -0500

Elizabeth Hartge | Advance Realty | betsyhartge@yahoo.com | Primary: (410) 761-1550
Cell: (443) 370-1277

293 HILLSMERE DR

$358,900

Click here to view the full details of this property.

Year Built:	1960
County:	Anne Arundel
Bedrooms:	3
Baths:	2 full, 0 partial
Sqr Footage:	0
Garage Spots:	2.0
Garage Desc:	2.0 car garage attached
Subdivision:	HILLSMERE ESTATES
MLS Number:	AA7189385

COMMENTS

Welcome to Hillsmere, just listed lovely home in desirable Hillsmere Estates, a waterfront community (pool,beach,marina),two year old heat pump, spacious rooms, possible 4th bedroom, newly renovated bathrooms with ceramic tile, lower level family room with new drywall and carpeting, large kitchen, walk to Quiet Waters Park and Library, beautiful treed lot, priced to sell quickly.

ADDITIONAL FEATURES

Additional Rooms: Other Room 1, Living Room, Dining Room, Bedroom-Second, Bedroom-Third, Kitchen, Family Rm, Den, Foyer, Bedroom-First, Other, Utility Room
Amenities: Attic-Finished, Bath Ceramic Tile, Built-in Bookcases, Entry Lvl BR, FP Glass Doors, FP Mantels, FP Screen, Shades/Blinds, Sump Pump, W/W Carpeting, Washer/Dryer Hookup, Wood Floors
Community Amenities: Basketball Courts, Beach, Boat Ramp, Boat Slip, Common Grounds, Mooring Area, Picnic Area, Pier/Dock, Pool Mem Avail, Pool-Outdoor, Security, Water / Lake Priv
Appliances: Dishwasher, Disposal, Dryer, Dryer-front loading, Exhaust Fan, Icemaker, Oven-Single, Oven/Range-Electric, Range hood, Refrigerator, Washer, Water Conditioner
Basement: Combination, Daylight, Full, Heated, Improved, Partially Finished, Windows, Workshop, Sump Pump
Kitchen Features: Kit-Island, Kit-Table Space, Sep Dining Rm, Eat-In Kitchen
Exterior Features: Flood Lights, Porch-enclosed, Porch-rear, Porch-screened, Street Lights
Lot Features: Backs to Trees, Partly Wooded
Ownership Type: Fee Simple

Elizabeth Hartge

Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: betsyhartge@yahoo.com

Primary: (410) 761-1550
Cell: (443) 370-1277

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Trend MLS or MFR MLS or MRIS MLS or LVAR MLS or EBRDI MLS or Baris MLS or Rayac MLS or Coastal Assoc. MLS or Cape May County MLS . Real estate listings held by brokerage firms other than Advance Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Speechless Sunday - A Sea Farer's Home Perhaps??

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Sun, 25 Oct 2009 12:35:04 -0500

315A Lennox Ave., Towson, MD 21286

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Sat, 24 Oct 2009 17:57:01 -0500

June Piper-Brandon | Advance Realty | bmorerealtor@gmail.com | Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

315A LENNOX AVE

$249,000

Click here to view the full details of this property.

Year Built:	1928
County:	Baltimore
Bedrooms:	3
Baths:	2 full, 0 partial
Sqr Footage:	0
Garage Spots:	0.0
Garage Desc:	N/A
Subdivision:	GOFF PLAINS
MLS Number:	BC7159673

COMMENTS

Beautifully renovated home located within walking distance to Goucher College, Towson University and downtown Towson and convenient to downtown, I695 and I83. Home features main floor master bedroom with full master bath, cathedral ceilings and access to rear deck. There are 2 additional bedrooms upstairs and a second bathroom. Laundry also located upstairs. Great open floor plan filled with natural light, cherry wood floors, light oak wood cabinets, granite counters and stainless appliances in kitchen. Home features large closets in all the bedrooms with additional storage above and many other storage features also added. This home has a lovely front porch with new maintenance free trex deck with lovely landscaped garden in front. Home is located in quiet historic neighborhood in Towson. Conveys with home warranty. Seller may help with closing help. Don't wait too long!!

ADDITIONAL FEATURES

Additional Rooms: Living Room, Dining Room, Bedroom-Master, Bedroom-Second, Bedroom-Third, Kitchen
Amenities: Home Warranty, MBA/Sep Shwr, Washer/Dryer Hookup, Wood Floors
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove
Kitchen Features: Liv-Din Combo
Exterior Features: Fenced-Fully, Porch-front
Ownership Type: Fee Simple

June Piper-Brandon
e-PRO, CRIS, Broker
Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: bmorerealtor@gmail.com

Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Trend MLS or MFR MLS or MRIS MLS or LVAR MLS or EBRDI MLS or Baris MLS or Rayac MLS or Coastal Assoc. MLS or Cape May County MLS . Real estate listings held by brokerage firms other than Advance Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

1 Chase Street E., Baltimore, MD 21201 Unit #704

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Fri, 23 Oct 2009 12:56:34 -0500

Tom Black | Advance Realty | tomblac@gmail.com | Primary: (410) 761-1550
Cell: (443) 521-3424

1 CHASE ST E #704

$150,000

Click here to view the full details of this property.

Year Built:	1900
County:	Baltimore City
Bedrooms:	1
Baths:	1 full, 0 partial
Sqr Footage:	685
Garage Spots:	1.0
Garage Desc:	N/A
Subdivision:	BELVEDERE GRAND CONDOS
MLS Number:	BA7151935

COMMENTS

Large one-bedroom unit with great 7th floor Western views has undergone a recent upscale remodel. Granite counters, stainless high-end appliances, designer lighting and plumbing fixtures. Ceramic tile in kitchen and bath. Even the pickiest buyers will fall in love with this one. MAKE AN OFFER TODAY ON THIS SHORT SALE!

ADDITIONAL FEATURES

Additional Structures: Above Grade
Community Amenities: Comm Lndry Rm, Elevator, Extra Storage, None, Party Room, Security
Appliances: Disposal, Microwave, Oven/Range-Electric, Refrigerator
Kitchen Features: Liv-Din Combo
Ownership Type: Condo

Tom Black

Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: tomblac@gmail.com

Primary: (410) 761-1550
Cell: (443) 521-3424

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Trend MLS or MFR MLS or MRIS MLS or LVAR MLS or EBRDI MLS or Baris MLS or Rayac MLS or Coastal Assoc. MLS or Cape May County MLS . Real estate listings held by brokerage firms other than Advance Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

378 Colony Point Place, Edgewater, MD 21037

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Fri, 23 Oct 2009 12:24:21 -0500

John Newcomb | Advance Realty | jnewcomb@advancerealtyusa.com | Primary: (410) 761-1550
Cell: (410) 570-5717
Fax: (410) 761-1404

378 COLONY POINT PL

$420,000

Click here to view the full details of this property.

Year Built:	1997
County:	Anne Arundel
Bedrooms:	3
Baths:	2 full, 1 partial
Sqr Footage:	0
Garage Spots:	1.0
Garage Desc:	1.0 car garage attached
Subdivision:	SOUTH RIVER COLONY
MLS Number:	AA7186699

COMMENTS

Elegant 2 story, 3 BR, 2.5BA, wide profile townhome in 55+ community of renowned South River Colony. Geared to senior living & beautifully appointed w/large 1st floor MBR/MBA, living room w/vaulted ceiling & arch window, 2nd floor loft/office, new 1st floor carpet & kitchen floor, patio & screened rear porch, 1 car garage, off st. parking, walking distance to library, post office & shopping.

ADDITIONAL FEATURES

Additional Rooms: Living Room, Dining Room, Bedroom-Master, Bedroom-Second, Bedroom-Third, Kitchen, Other Room 1, Laundry-Kit Lvl, Loft, Main Lvl BR
Additional Structures: Office/Studio, None
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer
Kitchen Features: Kit-Island, Eat-In Kitchen
Exterior Features: Patio, Porch-rear, Porch-screened, Sidewalks
Lot Features: Backs to Trees, Landscaping
Ownership Type: Fee Simple

John Newcomb

Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: jnewcomb@advancerealtyusa.com

Primary: (410) 761-1550
Cell: (410) 570-5717
Fax: (410) 761-1404

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Trend MLS or MFR MLS or MRIS MLS or LVAR MLS or EBRDI MLS or Baris MLS or Rayac MLS or Coastal Assoc. MLS or Cape May County MLS . Real estate listings held by brokerage firms other than Advance Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Fridays Foto - Things You See Driving Down the Road

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Fri, 23 Oct 2009 06:19:46 -0500

Last Thursday we left for a few days R & R, right after school let out. We were driving around the Baltimore Beltway when we saw this on the back of a flat bed trailer. I don't always have my camera at the ready like this, and I don't always have someone riding shot gun - but Thursday I was ready with both.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Factory Manufactured Fireplaces...

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 22 Oct 2009 08:53:47 -0500

I see a lot of these manufactured fireplaces in homes here in Maryland and I had no idea about installation or even what to look for. Michael has provided excellent information here.

June Piper-Brandon, Broker - Advance Realty Anne Arundel Inc.

Via Michael Thornton - Nashville, TN area Home Inspector (Complete Home Inspections, Inc.):

Factory Manufactured Fireplaces...

Factory manufactured fireplaces are in stalled in many new homes today as an inexpensive alternative to the masonry counterparts. These can be an enjoyable spot to congregate on these cooler fall days with family and friends. However, there are some installation flaws often overlooked by installers and home inspectors alike.

Almost all factory manufactured fireplaces are designed to burn wood or gas logs. All refractory panels will have a knock out designed for Natural or LP fuel line penetrations. As part of fire safety, these pipe penetrations are supposed to be sealed and fired with a refractory sealant that meets the manufacturer's specifications. Most are not.

Radiant heat can can pass through the opening in the factory manufactured fireplace enclosure and ignite framing materials. Most of the time, this is not observed by the home owner until it is too late.

If you have a factory manufactured fireplace installed in your home, take a few minutes to look where the gas line penetrates the refractory panel. If it is not sealed, call the manufacturer or your local installer and have the line sealed.

Refractory panel sealant for factory manufactured fireplaces may be available at your local home improvement store or fireplace sales center. To fire the sealant, run your fireplace for the amount of time specified by the sealant manufacturer. It is far better to be safe than sorry...

© 2009 michael thornton | complete home inspections, inc. | brentwood, tn | 615.661.0297 | www.completehomeinspectionsonline.com

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627 Linnard Ave., Baltimore, MD 21229

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 22 Oct 2009 08:47:09 -0500

Tom Black | Advance Realty | tomblac@gmail.com | Primary: (410) 761-1550
Cell: (443) 521-3424

627 LINNARD ST

$92,900

Click here to view the full details of this property.

Year Built:	1921
County:	Baltimore City
Bedrooms:	4
Baths:	1 full, 0 partial
Sqr Footage:	0
Garage Spots:	0.0
Garage Desc:	N/A
Subdivision:	EDMONDSON VILLAGE
MLS Number:	BA7158460

COMMENTS

TURN-KEY, CASHFLOW RENTAL - $1250/MONTH Section 8 tenants. Monthly rental income directly deposited into your account. 1-YR of PAID PROPERTY MANAGEMENT! Lead certified! Completely Redone! - new furnace, hot water heater, all new kitchen (cabinets, sink, fridge, stove), electrical upgrades, plumbing upgrades, including new water service line from street, roof re-coated and new fencing in rear.

ADDITIONAL FEATURES

Additional Rooms: Living Room, Dining Room, Bedroom-Second, Bedroom-Third, Bedroom-Fourth, Kitchen, Unfinished Bsmt, Other Room 1, Bedroom-First
Amenities: Drapery Rods, W/W Carpeting
Appliances: Oven/Range-Gas, Refrigerator
Basement: Full, Unfinished
Kitchen Features: Sep Dining Rm
Ownership Type: Ground Rent

Tom Black

Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: tomblac@gmail.com

Primary: (410) 761-1550
Cell: (443) 521-3424

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Trend MLS or MFR MLS or MRIS MLS or LVAR MLS or EBRDI MLS or Baris MLS or Rayac MLS or Coastal Assoc. MLS or Cape May County MLS . Real estate listings held by brokerage firms other than Advance Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

4116 Glenarm Ave., Baltimore, MD 21206

June Piper-Brandon, CRIS, ePro, Broker (Advance Realty Anne Arundel Inc.) — Thu, 22 Oct 2009 08:40:52 -0500

June Piper-Brandon | Advance Realty | bmorerealtor@gmail.com | Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

4116 GLENARM AVE

$135,000

Click here to view the full details of this property.

Year Built:	1942
County:	Baltimore City
Bedrooms:	3
Baths:	2 full, 0 partial
Sqr Footage:	0
Garage Spots:	0.0
Garage Desc:	N/A
Subdivision:	HAMILTON
MLS Number:	BA7185943

COMMENTS

Spacious end unit in convenient location. Tenant occupied but tenants moving out 11/30. Buy now and take advantage of the $8000 tax credit. Spacious 3 bd/2ba home with full basement ready for your finishing touches. Home was updated a few years ago, just needs a fresh coat of paint and some touch up, sold as is but in good shape. Don't wait too long!!

ADDITIONAL FEATURES

Additional Rooms: Living Room, Dining Room, Bedroom-Master, Bedroom-Second, Bedroom-Third, Kitchen
Amenities: W/W Carpeting, Washer/Dryer Hookup
Appliances: Dryer, Refrigerator, Stove, Washer
Basement: Space For Rooms, Unfinished
Kitchen Features: Sep Dining Rm
Ownership Type: Ground Rent

June Piper-Brandon
e-PRO, CRIS, Broker
Advance Realty Anne Arundel
5 CRAIN HIGHWAY, N., SUITE 101
GLEN BURNIE, 21061
Email: bmorerealtor@gmail.com

Primary: (410) 761-1550
Cell: (410) 292-0100
Fax: (410) 761-1404

Office: (410) 761-1550

View My Properties

OTHER LINKS

My Agent Profile
Virtual Tour

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Trend MLS or MFR MLS or MRIS MLS or LVAR MLS or EBRDI MLS or Baris MLS or Rayac MLS or Coastal Assoc. MLS or Cape May County MLS . Real estate listings held by brokerage firms other than Advance Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.