sellers: Selling Maryland real estate live outside the state?
- 12/30/15 09:07 AM
Selling Maryland real estate but live outside the state? Here’s what you need to know! If you own and are selling a property in Maryland, but do not currently reside in Maryland you will be required to fill out a form Form MW506NRS - Return of Income Tax Withholding for Nonresident Sale of Real Property. The title company or closing attorney is usually responsible for making sure funds required to pay for this tax are withheld at settlement. After settlement the title company pays the withholding tax due to the state clerk when the deed is recorded. Check with your title … (1 comments)
There's a CERTAIN follower of my facebook page who keeps sending me inappropriate photos of themselves. I've asked them nicely to stop, but they won't. So I’ve posted it on my facebook page publicly... I'm at my wits end with this person. You may know them, so maybe you can tell them to stop it for me. Here’s my facebook page hop over, give me a like and see if you know this creep. Thank you! I sincerely appreciate it.
Oh by the way, Happy April Fool's Day!
… (8 comments)
sellers: $$$ saving tips for homeowners at any phase of ownership Hampstead, MD
- 04/17/14 02:57 AM
Save money step by step with these simple tips. Energy efficiency is one way to keep money from slipping out the front door and other areas of your home. Weather you just made a purchase, are preparing to sell or don’t plan to move at all, these tips can benefit you, the homeowner. Home Efficiency Checklists & Tips from House Masters
A home inspection is another way to save money:
When you purchase a property, you more than likely, have a home inspection done as a term of the contract. The excitement of homeownership and relief that the … (2 comments)
Here’s an actual email I received on Saturday, July 6, 2013 at 9:13 pm.
“Hello. I am contacting several of you to see who can show us this property, FR100000, tomorrow, Sunday 7/7. Anyone available? Please call me at 703-000-000
Thank you, Notitia Chance”
To protect the poor soul who sent “several of “ us the email I have changed the name, phone number and mls number. I did not respond to the email because I believe real estate is about relationships.
What does “sold to original list price ratio” mean in real estate? Sold Price to Original List Price Ratio represents the ratios for the gross sales price to the original list price for individual listings.
Example scenario to help illustrate: Listing A: List Price = 100,000; Sold Price = 90,000; Ratio = 90% Listing B: List Price = 200,000; Sold Price = 150,000; Ratio = 75% Listing C: List Price = 1,000,000; Sold Price = 700,000; Ratio = 70%
What is real estate inventory? Real estate inventory in Maryland is the the number of properties with “active” status in the multiple list system (MLS). That typically includes residential properties. For sale by owner and new construction are not 100% available through the MLS.
There are other real estate categories such as lot & land and multi-family units & commercial that are separated in the mls for more efficient searching. In Maryland, commercial real estate requires a special license.
Home Price Report for Carroll County, MD 3/3/2013 - 3/9/2013 15 Properties sold last week, median days on the market 84. The median sold price was $325,000 median original list price was $375,000 median list price at the time of sale was $350,000 with original list price to sold price ratio of 87.52% . Four distressed sales and eleven standard sales. Carroll County, MDIn March 2012 103 properties were sold, there were 880 active listings that’s 171 less than March 2011 and 192 more than todays active listings. Inventory … (1 comments)
Congratulations to the buyer and seller of this lovely townhome in Roberts Field! A warm and welcoming community ....
Roberts Field is a subdivision located in Hampstead, MD just 9 miles north of Reisterstown, MD and I 795. 10 miles West of I 83. With the addition of the Hampstead Bypass commutes are easy to Hunt Valley, Cockeysville, Woodlawn and Baltimore. Roberts Field shopping center is in walking distance of … (3 comments)
Home Price Report for Carroll County, MD 2/24/2013 - 3/2/2013 (Formerly known as Monday Market Report) 38 Properties sold last week, median days on the market 45. The median sold price was $305,000 median original list price was $309,500 median list price at the time of sale was $304,450 with original list price to sold price ratio of 88.90% . Nine distressed sales and twenty-nine standard sales. In February 2012 75 properties were sold in Carroll County, in February 2013 84 properties sold! I didn’t let the slow start dampen … (2 comments)
Home Price Report for Carroll County, MD 2/17/2013 - 2/23/2013 (Formerly known as Monday Market Report) 16 Properties sold last week, median days on the market 114. The median sold price was $247,450 median original list price was $294,450 median list price at the time of sale was $259,900 with original list price to sold price ratio of 88.90% . Three distressed sales and thirteen standard sales. In February 2012 75 properties were sold in Carroll County, that’s 18.75 units per week. February 2013 sales are off by 5.5 units a week in comparison. I won’t let that dampen my spirits. … (2 comments)
sellers: Monday Market Report for Carroll County, MD 11/18 - 11/24/2012
- 11/26/12 11:51 AM
Monday Market Report for Carroll County, MD 11/18 - 11/24/2012Monday Market Report for Carroll County, MD 11/18 - 11/24/201217 Properties sold last week, median days on the market 36. The median sold price was $220,000 median original list price was $240,000 median list price at the time of sale was $229,000 with a ratio of 93.14% original list price to sold price ratio. Sale are down a little this week in Carroll County, MD which is to be expected with the Thanksgiving Day and Black (Thursday?) Friday events that call for family time and tradition to put real estate on the … (2 comments)
sellers: Monday Market Report for Carroll County, MD 10/21-10/27/2012
- 10/29/12 07:06 AM
Monday Market Report for Carroll County, MD 10/21-10/27/2012Monday Market Report for Carroll County, MD 10/21 - 10/27/2012 36 Properties sold last week, median days on the market 65. The median sold price was $269,175 median original list price was $297,500 median list price at the time of sale was $279,900 with a ratio of 92.72 % original list price to sold price ratio.Roberts Field in Hampstead, MD was busy last week with 3 closed transactions. Roberts Field is a community of approximately 600 residences including detached, duplexes, townhomes and condos built by Woodhaven Building and Development beginning in the ‘80’s. Located … (0 comments)
sellers: YouTube Tuesday ~ Please Move the Deer Crossing!?
- 10/23/12 09:19 AM
YouTube Tuesday #2~ Please Move the Deer Crossing!? YouTube Tuesday #2~ Please Move the Deer Crossing!? Just for fun last week I launched my YouTube Tuesday Series, featuring The Most Outrageous Way to Share a Coke! I was worried I may not find another video as unique. I’m happy to report, I was wrong. I’m looking forward to your comments after you view this weeks video guaranteed to generate a smile! Just incase you are looking for real estate in Carroll County, MD and not just a fun video, call me at 443-286-4365, lets create a plan for reaching your … (2 comments)
sellers: Monday Market Report for Carroll County, MD 10/14-10/20/2012
- 10/22/12 11:46 AM
Monday Market Report for Carroll County, MD 10/14-10/20/2012 Monday Market Report for Carroll County, MD 10/14-10/20/2012 24 Properties sold last week, median days on the market 57. The median sold price was $286,500, median original list price was $297,450 median list price at time of sale $290,000 with a ratio of 90.73% original list price to sold price ratio. From Taneytown, near the PA line, to Marriottsville, near the Baltimore County Line, real estate sales are on track to meet 2011 numbers of 100 units sold in October. Days on the market are down to less than half of 2011’s 136 … (3 comments)
sellers: Questions buyers ask: Do sellers have the opportunity to weigh multiple offers?
- 03/23/12 03:20 PM
Questions buyers ask: Do sellers have the opportunity to weigh multiple offers?Do sellers have the opportunity to weigh multiple offers? Yes, sellers have the opportunity to weigh multiple offers, IF, they get multiple offers. It does happen, especially with property priced aggressively, at or below market value. It doesn't happen on every property. Pricing has improved. For a while, following the market crash, sellers were overpricing their properties. Now sellers are being more realistic and getting closer to list price for their homes. In my post about market reports (Catonsville for example) and on the market reports I print out for … (3 comments)
sellers: Is there a "buying" season? Maryland Real Estate
- 03/19/12 09:13 AM
Is there a “buying” season? Maryland Real EstateIs there a “buying” season? Spring & Summer are traditionally the real estate/home buying and selling season. It’s easier to move in warmer weather and people have the ability to take of work to get settled in by using vacation time. Another motivating factor, people with children generally like the idea of moving while school is out. It reduces stress of making a big change mid year, especially if it requires a school district move too. Curb appeal is also more flexible and welcoming with flowers blooming along the entry walk or potted on … (0 comments)
sellers: What is an HOA?
- 03/16/12 01:01 PM
What is an HOA? An HOA or Home Owners Association, is a group of Home Owners sometimes a corporate entity that manages the community. There are usually rules and restrictions that are intended for the best interest of the community. For example; no chain link fences allowed, fences no higher than 5' or sheds no larger than 8X10 and must match the color scheme of the home. The details of an HOA are called the HOA Docs or Home Owners Association Documents. Once you enter into a contract with a seller on a property with an HOA, if the offer was … (1 comments)
sellers: Sellers & Buyers ~ Understanding the Disclosure and Disclaimer Statement
- 03/05/12 07:04 AM
Sellers & Buyers ~ Understanding the Disclosure and Disclaimer Statement in MarylandOne part of the process of selling property in Maryland is the disclosure/disclaimer statement. The State of Maryland requires the owner of residential real property (real estate) to make eitherDisclosure or Disclaimer statement in writing regarding the condition of the property. Disclose simply meaning to tell all the owner knows or disclaim saying nothing at all. In either case latent defectsmust be disclosed. A latent defects are defined as material defects in real property or improvement to real property that cannot be seen by careful visual inspection or would pose … (2 comments)
sellers: Who does the real estate agent represent?
- 03/02/12 12:15 PM
Who does the real estate agent represent?In some industries it’s often made clear by the hat a person is wearing what job they hold. In real estate it’s much less obvious. We don’t wear a hard hat, police hat or jesters hat. The agreements we make in writing with our clients define the job we hold. As a buyer or seller of real estate you have the responsibility to protect your own interests. It is important to understand your relationship with real estate agents and what their obligations are to you and other people. In some situations, for example an open … (32 comments)
sellers: Monday Mater ~ What would the seller say if I showed up with 2007 housing data?
- 10/10/11 08:17 AM
Monday Mater ~ Motivation ~ What would the seller say if I showed up with 2007 housing data?What would a seller say if I showed up with 2007 housing data?Do not disturb, especially with outdated information. Earlier today, I was, as I am now, working from my home office. Answering email, making appointments, blogging … a typical in office day. I noticed strangers approaching my front door, I’m all ready not interested because if I want “it” I’ll find it on my own and because I wasn’t dressed appropriately enough to answer the door.I may have mentioned before I value my … (2 comments)
Selling Maryland real estate but live outside the state? Here’s what you need to know! If you own and are selling a property in Maryland, but do not currently reside in Maryland you will be required to fill out a form Form MW506NRS - Return of Income Tax Withholding for Nonresident Sale of Real Property. The title company or closing attorney is usually responsible for making sure funds required to pay for this tax are withheld at settlement. After settlement the title company pays the withholding tax due to the state clerk when the deed is recorded. Check with your title … (1 comments)
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