Homeowners in Jacksonville, MD Receive SOME Compensation for Loss of House Values Due to Exxon Gas Spill - 03/17/09 05:38 PM
The verdict is in and the jury has decided in favor of the plaintiffs. The question is, is it enough?
This once quiet, serene, little corner of the world called Jacksonville, MD became the center of a huge lawsuit with Exxon Mobile over a leak for 37 days of over 26,000 gallons of oil. The oil seeped into the ground water, which feeds the surrounding community's wells.
The biggest questions -- Can these homes be sold? Will the MTBE ever leave their wells? Will an average of almost $700,000 cover the concern, possible future issues, and true loss of value of … (2 comments)

Zillow Zestimates in Towson May be Misleading - 03/02/09 08:11 PM
After doing some research, I have found the reasons that the Zestimates on some properties may be very much off.
Baltimore County here in MD doesn't provide enough in the public records for the Zillow Zestimating calculations to work properly.
A listing I have currently is on the market in Hunt Valley for $550,000. The true market value is not too far off from that listing price. Zillow's Zestimates' basics are missing a half bath, hardwood floors, and a few other items. When "claiming" the home, and adding the "upgrades" it brings the price up to $667,000, which is certainly far … (3 comments)

 

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