Wow, what a market? How is the market? UNBELIEVABLE. Buyers should be dancing in the streets right now. The opportunities are tremendous, in the past we have all heard about Sweat Equity, today you don't have to break a sweat to find instant equity. If you are planning on living in a home (not flipping the home) this is a great time to buy, especially in Anne Arundel County, MD. Here are two recent deals out of the hundreds available. There is a relatively new community in Gambrills, MD called Chapel Grove. This is a Winchester Homes community. These are upscale single family homes in the $600,000 -$900,000 price range. A Winchester Spec home settled for $720,000 in December, the list price was $869,000!! Wow! What a Deal!! That represents an 18% discount from list price. Could you imagine paying $150,000 less than your neighbor for the same house. What a way to meet new friends!
Another scenario, this is my transaction. New Construction once again. The builder had a spec home listed in Crownsville, MD for $549,000 my buyers contract was just ratified for $500,000 with $5,000 in closing help. The neighbor paid $571,000 with $18,000 in help for the same house in June. We need to educate buyers on why now is the time!!
If you would assistance in finding your new home in Anne Arundel County, MD or are looking for this kind of opportunity. Please contact me at www.THINKNEWMAN.com.
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