homerome: Cleaning Up ...June's Challenge
- 06/18/18 08:21 PM
A Different Kind Of Decluttering
This month’s challenge Spring Cleaning- June 2018 ActiveRain Challenge hosted by Debe Maxwell, CRS has us refreshing 10 older blog posts. Many need to be cleaned up. Most of mine entail fixing broken links.
This is real easy to say but quite a task to undertake.
Fixing these links, as I find them, is not nearly as efficient as going through them one at a time.
However....my listing, my selling and my closing of properties just gets in the way of my blogging.
When going back to my posts, starting in 2006,
I'm discovering lots of broken links.
Now I bet I can kill two … (2 comments)
|
homerome: Tell Me About Contingencies
- 06/16/18 09:19 AM
What is a contingency...
A contingency is an event or condition that must occur before the deal can close.
There are many different contingencies to get a property to closing.
One example in a contract ... 'This contract is contingent upon buyer successfully obtaining a mortgage loan at a specific interest rate.' Here's a list some other contingencies Home Inspection
As Is with inspection.
Financing
Proof of funds
Appraisal
HOA and Condo
Sale of a present home
Right of first refusal
Rent of a present home
Kick out contingency
Ground rent redemption
Well, septic, radon, termite
Final walk through conditions
There is … (4 comments)
|
homerome: What Is That Extra Room Called ?
- 06/14/18 05:56 PM
If you are lucky enough to have one more room....what to call that extra spacious room on the same level with the master suite?
How would you advertise it?
Think of possible ways that a buyer might use the space. Then get creative.
Here are few suggestions.
-About 40% of couples sleep in separate rooms. Play on that statistic.
-Do you need two master suites?
-This master bedroom has its own master bedroom!
-MBR with its own "snoring" room
-Reading room or library
-Game room
-Craft/sewing room
-Man/woman cave
-Home theater
-Boutique closet
-Master suite with private office
-Separate room for caretaker
-Private media room
-Private pet room where Fido can be close
-Nursery on same level as MBR
-Hospice care … (10 comments)
|
homerome: I've Got Buyers !
- 06/13/18 09:10 AM
As a listing agent there are always special homes to sell.
But for some of my sellers, the need to find a suitable property has to come first.
You might have to go outside the box to find the right home.
In addition to searching the MLS for available homes, I choose to be a bit pro active by running this ad below and of course asking for these specific homes on my radio show.
How are you finding homes for your buyers?
… (8 comments)
|
homerome: Talk To Me About Kick Outs
- 06/11/18 08:04 PM
But I have a house to sell before I can buy! So what do I do?
I want to buy! I have to sell ! I need some help!
I have talked about a reverse contingency.
Now we are going to talk about a Kick Out Contingency.
This is also known as a contingent contract with a kick out clause. What does that mean?
The house shows up in the MLS (multiple listing system) ' CONT/KO' (Contract /Kick Out).
Contingent clauses
Kickout Addendum
The house can still be marketed and shown to other buyers and should there be another offer without a contingency, the first buyer is given a … (9 comments)
|
homerome: 3311 E Northern Parkway Is Too Late
- 06/11/18 10:18 AM
We found the perfect buyer for this single family home
3311 E Northern Parkway
This pretty house with all brick construction is on a corner lot with a parking pad for two cars.
There are hardwood floors, a large open kitchen/ dining area, gas heat and gas cooking.
Two bedrooms and full bath on the first floor.
That's easy living.
The finished basement with half bath and outside entrance...great space.
The finished attic is now used as an office and an entertainment room...also perfect for two bedrooms and great storage.
The central air conditioning, gas heat, fireplace and replacement windows...comfort all year round.
Enjoy the seasons on your covered front and the back porch is
perfect … (2 comments)
|
homerome: You Might Get Mentioned On The Radio
- 06/10/18 10:17 AM
The highlight of my week is
All About Real Estate,
a live radio show every Sunday at noon.
It is something that I enjoy and it keeps me humble and on my toes.
So where do I come up with topics?
No shortage with my busy schedule. I just look at my previous week.
What did I sell? What did I list? What showings did I have on my properties? Who did I speak with? What emails, texts or calls stand out?
Was there an inspection?
Did I meet an appraiser?
Or like this past week, a question was asked on AR that got lots of … (16 comments)
|
homerome: Is There Another Margaret Rome?
- 06/09/18 07:17 PM
Jeff Pearl posted this question...
Do you think some AR agents have a second life away from real estate?
So I, of course, had to reply.
Many years ago, my friends and clients started sending me these books and it made for some lively conversation and a bit of fun.
Just found these three books above and one even had a note inside from a dear friend.
To this day it still makes me smile.
A life away from Real Estate.
… (25 comments)
|
homerome: Is "As Is" Really As Is?
- 06/07/18 07:20 PM
In our Maryland contract a property may be sold "as is"
Why would you purchase "As Is"?
Maybe there are multiple offers, maybe the buyer is comfortable enough to say they will not be asking for repairs. Maybe the buyer is planning to do a major renovation.
Maybe the buyer wants to use this as way to negotiate. Maybe a seller will only sell this way and the price reflects the "as is" condition.
If you are writing an offer "As Is" you might want to look at how this will be handled.
I have seen buyers try to negotiate repairs.
Make sure you understand the contract.
Below … (11 comments)
|
homerome: Baltimore Porch Perfect For Steamed Crabs
- 06/05/18 01:43 PM
3311 E Northern Parkway
This pretty house with all brick construction is on a corner lot with parking pad for two cars.
Do you want a brick single family home?
The hardwood floors in the large open kitchen/ dining area, the gas heat and gas cooking...
Does this look good?
Two bedrooms and full bath on the first floor.
That's easy living.
The finished basement with half bath and outside entrance...great space.
The finished attic is now used as an office and an entertainment room...also perfect for two bedrooms and great storage.
The central air conditioning, gas heat, fireplace and replacement windows...comfort all year round.
Enjoy the seasons on your covered front and the back … (13 comments)
|
homerome: Too Late For This Baltimore Rancher
- 06/04/18 06:52 PM
2903 Chokeberry Court
Baltimore, Md 21209
MLS # BC10257578
$374.944
Baltimore County rancher, in the sought after Wellwood neighborhood,
has a Too Late sign!
Located on a quiet court, the fenced back yard makes this both pet and kid friendly.
Driveway is accessible to the large ramp attached to the deck in the rear.
The original home had four bedrooms on the main level. Two of those bedrooms were made into one room (now used as a den) and quite easy to convert back to 4 bedrooms on the first floor.
Home being sold "As Is"
The lower level is ready to finish.
There is an existing 1/2 bath and outside door.
Do … (5 comments)
|
homerome: More Scam ..Please Be Careful
- 06/04/18 08:48 AM
More Scam...please be careful. I received the following email:
'Please find settlement statement for the purchase set for closing, Please review and advise of any corrections and/or changes which need to be made.
Closing Coordinator
Service LLC.''
There was a link that looked like this. ''View / Download"
and it was signed with a name, of course, I did not recognize.
DON"T OPEN THIS.
How many people do you think fall for this?
One more scam in real estate...please be careful!
… (11 comments)
|
homerome: Brick Townhouse In Owings Mills - This is a Teaser!
- 06/03/18 05:49 PM
It has been eighteen years since I helped this wonderful couple buy this all brick end of group townhome.
They have continually improved and updated the property each year.
It is a very special happy place where they have enjoyed, loved and entertained family and friends through the years.
We are getting ready to put it on the market in a few weeks!
Are you are thinking about living in a four level, end townhouse with 3 bedrooms, plus a loft, 3 1/2 baths, a deck, finished lower level with a fireplace, a fenced back yard and in pristine condition?
For information on this home
Call Margaret Rome
… (1 comments)
|
homerome: 2903 Chokeberry Ct. Baltimore 21209
- 06/01/18 06:56 PM
2903 Chokeberry Court
Baltimore, Md 21209
MLS # BC10257578
$374.944
Baltimore County rancher, in sought after Wellwood neighborhood, is on the market.
Located on a quiet court, the fenced back yard makes this both pet and kid friendly.
Driveway is accessible to the large ramp attached to the deck in the rear.
The original home had four bedrooms on the main level. Two of those bedrooms were made into a one room (now used as a den) and quite easy to convert back to 4 bedrooms on the first floor.
Home being sold "As Is"
The lower level is ready to finish.
There is an existing 1/2 bath and outside door.
Do you … (7 comments)
|
homerome: An Interesting Job Interview
- 05/30/18 10:18 PM
How someone treats service people speaks volumes about their character.
There is a prominent business person who shared one of his hiring techniques.
He takes the applicant to one of his favorite restaurants and enlists the help of the manager and wait-staff.
During the lunch the business man is called away for an 'important' phone call
During this same time, the waiter "accidentally" spills a drink on the table.
Now here it the interesting part.
It is how this person interacts with the service person.
Was the reaction polite, respectable, a smile..a don't worry?
Or
Was it rude, unkind and demeaning?
Being on an interview can be stressful and this added pressure may tell … (17 comments)
|
homerome: Lee Rome Award 2018
- 05/30/18 08:06 PM
It was an honor and a priviledge to make the following presentation, today May 31,2018, at Franklin Square Hospital.
From a grateful wife.
Ten years ago I wrote a book. The dedication read.
''To Lee: I made a wish and you came true”
Yesterday would have been our 50th Anniversary!
17 years ago he got a big diagnosis. His cancer was very rare,
usually found in extremities of younger people...
not in the abdomen touching every major organ and not in someone his age..
Prognosis nil. No chance of survival.
One of the biggest
hospitals in world wanted to do radiation and chemo immediately. With such a poor diagnosis why would … (51 comments)
|
homerome: Do Both Have To See The House On the First Visit.
- 05/27/18 08:22 AM
In a perfect situation both buyers would see the house at the same time, write a contract and go to settlement.
But it doesn't always happen that way. I have been taught that it is a waste of time...
if buyers do not see the house together for the first time.
Many times when working with busy professionals, it it is difficult to get their schedules lined up, along with the agents, to visit a property.
Sometimes it is more efficient to have only one buyer see a home.
If they don't like..they rule it out..saving time. If they do like, they bring the other … (24 comments)
|
homerome: Wellwood Rancher In 21209 Baltimore County
- 05/26/18 08:47 PM
Baltimore County rancher, in sought after Wellwood neighborhood,
will be available soon.
Located on a quiet court, the fenced back yard makes this both pet and kid friendly.
Driveway is accessible to the large ramped deck in the rear.
The original home had four bedrooms on the main level. Two of those bedrooms were made into a den and but could easily be converted back to four.
Home being sold "As Is"
The lower level is ready to finish for your needs.
Maybe you need more bedrooms, media room, workshop, guest or au pair suite?
There is an existing 1/2 bath and outside door.
For more information on … (4 comments)
|
homerome: You Know It's The Right Home When You Hear These Words
- 05/24/18 07:47 PM
It was a wonderfully smooth settlement for a very special couple.
Below are my delightful buyers, Rudy and Helen, "Mortgage Mama" and Jeff Margolies from RESE Title Company.
Here are the happy new home owners.
This is the 2nd home they have purchased in 50 years of marriage.
We had a lovely celebration lunch at Olive Branch and our talented waitress Shamika surprised us with dessert surrounded by the chocolate design above.
This was a wonderful transaction.
We met the first week in April and saw four condos one day.
I knew it was the right home when I heard these words:
"Look, Honey, we can sit on the balcony … (16 comments)
|
homerome: Questions To Ask Before Buying A Condo
- 05/23/18 06:59 PM
If you are planning to move into a condo, coop or community with an HOA..make sure you know the rules. Make sure you read the documents. Some even have both..a condo and a home owners association.
Know what the community allows. Talk to neighbors who live there, find out who is on the board. Figure out a way to get the minutes of recent meetings or even ask IF you can attend a meeting PRIOR to purchase.
Please read the documents, ask questions, have an attorney review.
Talk to several people who have lived in the community for awhile.
Find out if you can:
Plant flowers … (21 comments)
|
;)
;)
;)
