The Patterson Team of Keller Williams Excellence-Baltimore and Harford County Real Estate

Are 30 Year Fixed Rate Mortgages a Thing of the Past?

Wed, 26 Mar 2014 08:12:30 -0700

I guess it all depends on who you speak to these days. The government is trying to phase out the Fannie Mae and Freddie Mac mortgage system, but at what cost? Most of the "experts" in the mortgage industry agree that this will be a step in the wrong direction, but some go as far as saying that home prices will drop, rates will skyrocket, and average people won't be able to afford a home without a substantial downpayment. Without the Fannie and Freddie fixed rate mortgages what will be the alternative. I has yet to be seen, but keep your eyes open, it may be coming sooner than you think. Most would agree that there needs to be additional regulation to keep us from ending up in the same mess we are just getting out of. Borrowers should be qualified to borrow money and be able to pay it back. That was the biggest problem with the mortgage crisis. Lenders were lending money to people who couldn't pat it back. I am not that well educated, but even I can see the problem with that. Those things should never happen again and hopefully they won't, but the overall system should not be scrapped because of greedy people looking to get rich quick. I found this article that goes into details about the situation. You should read it and share your thoughts. http://www.cnbc.com/id/101524112?__source=xfinity|mod&par=xfinity The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Will Rising Mortgage Interest Rates Hurt the Real Estate Market?

Thu, 20 Mar 2014 06:52:49 -0700

It's no secret that mortgage interest rates are going to rise this year, probably sooner than later, but will that hurt the real estate market? Many of todays home buyers have never seen a 12 or 14 percent interest rate except on a credit card, but there was a time not that long ago that this was normal. Home buyers have been extremely fortunate over the past several years to see mortgage rates at all time lows. That cannot last forever, so as the economy grows rates will rise. Not to an outrageous level, but the days of 4% are in the past. Expect to see rates surpassing 5% and heading toward 6% in the year ahead. Will this hurt the real estate market? Only for a very small number of home buyers, mostly 1st time buyers who have a limited amount of cash for down payment, settlement fees, etc. This is a breakdown of what principal and interest would cost monthly based on a $200,000 loan and a 30 year mortgage. At a interest rate of: 4.5% - Principal and interest= $1014.00 5% - Principal and interest= $1074.00 5.5% - Principal and interest= $1136.00 As you can see 1 percentage point on a $200,000 loan is equal to $122 per month or $1464 per year. Now that I have this information what advice do I give to my clients? Hurry and buy now before rates rise? Wait and see what the market will do? Sell now? Sell later? Of course, I would like my clients to move as quickly as possible, but what is best for them? I need them to know I'm looking out for their best interest. Suggestion??? The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Let Us Sell Your Home...The Right Way

Wed, 26 Feb 2014 10:08:54 -0800

Not a day goes by recently that I haven't read about someone in the real estate business getting ahead of the competition by CHEATING. This is extremely disturbing to me because our team works hard every single day and abides by all the rules. Not just some of the rules or the rules that are easy to follow, but ALL the rules. Even the rules that help our competitors get the listings we are trying to get. That's just the way we do business, above board all the time. This has become increasingly frustrating because it seems we are being left behind. It doesn't seem like the public even cares about who plays by the rules and who cheats. They just go with the agent that tells them what they want to hear, even if it's no really true. Why is this? Well, if you can tell little white lies about the real estate transaction then you might convince a seller that your services are better than someone else's. But, is it worth the cost of your INTEGRITY? Certainly NOT, NOT to me or anyone that works for me or anyone I do business with. I may not have much, but I will always have my Integrity. I hope that if you are reading this you will understand my frustration and I hope that if you are using the services of a real estate professional that they tell you the real answers, not just the ones you want to hear. The Patterson Team would love to be your real estate agents for life. This business is built on relationships and relationships are built on trust. Unfortunately, I have come across many people in the business who aren't always trustworthy. Let us earn your trust and lets build a long term relationship that will beneifit everyone. If you are thinking of buying or selling real estate and looking for a trustworthy group give us a call and we would love to sit down with you face to face. Call or Text Stacy Patterson at 443-392-2826 or email us at info@pattersonteamhomes.com to set up an appointment. You can also visit our website at www.pattersonteamhomes.com to get some more information on our team. http://www.pattersonteamhomes.comThe Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

10 Hottest Housing Markets in 2014

Tue, 25 Feb 2014 03:16:37 -0800

CNN Money has ranked the top 10 housing markets for 2014. Did your city make the list? Of course, this is just speculation at this point since we haven't finished February yet. None the less, it is a good sign for the cities that made the list. Here is the top 10:Oakland, CA Fort Worth, TX New Orleans, LA Richmond, VA Hartford, CT Tampa, FL BALTIMORE, MDBirmingham, AL New York, NYMemphis, TN I applaud all the cities on the list, but would like to specifically talk about Baltimore since that is the market I'm in. According to the research done for this article, home prices in Baltimore climbed close to 5% for the 12 months leading up to September 2013. Home prices are forecasted to climb an additional 8% by September 2014. What is the reason for the rise in home prices in Baltimore? Again, there is a lot of speculation, buy I believe that prices fell so far in 2008 when the market crashed that the only way they could go was up. Baltimore is located about 40 miles north of Waqshington, DC, 90 miles south of Philadelphia and a little further south of New York. This region is highly populated and homes were in serious demand back in 2006-2007. But when things went south for the housing market, this region suffered more than most. Now is the time for things to circle back around and this region will go on the upswing. If you look at the list you will notice that the other cities listed were also very hard hit when the market crashed. What does this mean for homeowners in Baltimore? Well, hopefully as home prices rise less and less homeowners will be under water in their mortgage. We will also start to see less short sales and people will start to build equity in their homes again. It's too early to tell, but the signs are promising. I hope the market in your area is also on the move upward. We have weathered the storm, now we can purchase a home again and believe that it is a good investment. Find the value of your home at www.pattersonteamhomes.com or email us at info@pattersonteamhomes.com for a free Comparative Market AnalysisThe Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Aberdeen, MD Home for Sale-832 Lynn Lee Drive 21001

Mon, 24 Feb 2014 03:23:46 -0800

832 Lynn Lee Drive Aberdeen, MD 21001 Offered at $279,900 Move in Ready with upgrades throughout this home. Freshly painted, wood floors, new roof, siding, and well. Deck built in 2009. The interior features 4 bedrooms and 2.5 baths. It has a fully finished basement that is currently being used as a bar/recreation area. It has a garage and off street parking and is located at the end of a quiet dead end street. It's a must see and it won't last long. Let us know if you would like to schedule and appointment.The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Having an Open House today. Will it Work??

Sat, 22 Feb 2014 22:30:12 -0800

My team is hosting 2 open houses today and I'm wondering what kind of activity they will see. I really think that open houses are a necessary evil, but I have never had much luck with them. I usually see a couple nosey neighbors or no one at all. Does anyone have any tips to liven up an open house? Or a way to attract more buyers? I hate having agents feel like they wasted their time to sit at an open house for two hours on a Sunday afternoon. 4527 Greencove Circle 832 Lynn Lee Drive Edgemere, MD 21219 Aberdeen, MD 21001 Both of these homes are open today from 1-3. Stop by and say HI!!! Everyone is Welcome.. If you can't make it by the open house, please send me any ideas you might have to make our future open houses more successful. I can't wait to hear from you!!The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Anne Arundel County, Maryland--The Number 1 High School

Fri, 21 Feb 2014 03:02:38 -0800

In the past week or so I have been discussing local school systems around the state of Maryland and featuring the best high schools in those areas. I have already discussed Baltimore City, Baltimore County, and Harford County. Now it is time to discuss Anne Arundel County. A.A. County has 18 public high schools and the number 1 ranked school (as ranked by US News and World Report) is Severna Park High School. Severna Park is ranked #8 in the state of Maryland and ranked #213 nationally. It has received a gold medal ranking. Severna Park is located at 60 Robinson Rd. Severna Park, MD 21146. It is made up of 1921 students and 102 full time teachers. That breaks down to a student/teacher ratio of 19:1, which is slightly above the Maryland average, but they are still getting the job done at very high levels. Severna Park is a large suburb located not far from the state capital of Annapolis and just south of Baltimore City and Baltimore County. The communities around Severna Park are growing at a rapid pace. New homes and businesses are being opened everyday. It is also located close to BWI airport. Severna Park is a great place to live and a better place to send your kids to school. If you would like more information about Severna Park High School or the surrounding community go to our website at www.stacyandray.com and click on the great schools banner. This will direct you to all types of information about Severna Park High, as well as all the schools in Maryland. You could also call, text, or email the Patterson Team of Keller Williams Excellence at 443-392-2826 or info@pattersonteamhomes.com Please comment and give us some feedback so we can better serve the needs of the community. The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

How Important is the School System in Your Home Search Criteria??

Thu, 20 Feb 2014 08:06:58 -0800

Over the past few days I have been discussing the top schools in Baltimore City, Baltimore County and Harford County, but how important is the school system when searching for your next home? Baltimore County has Carver, Harford County has Fallston and Baltimore City has Poly as their top schools, but would you choose to live in a certain area just so your child could attend one of those schools? Would you pass on a home that you absolutely love because it is zoned for a not so good school? I would love to hear some of your thoughts on this topic. I think we would all say that education is extremely important in the development of our children. Many schools have great teachers and great academic programs, but is that enough to lure you to a neighborhood? I have lived and worked in Baltimore County my entire life and know that it has an excellent school system. Yet I always here from people that want to move to (Blank) County because they have the best schools. I think this may be based on rumor and not research. Before you pack your bags and move your family to a "better" school system you should do your own research. Don't take my word for it or anyone else's word for that matter. This is a huge decision and you are the one who needs to be comfortable with it. Check with the Board of Education in each district, check with the state for stats and information, but whatever you do educate yourself. You can start you education by going to our website at www.stacyandray.com and clicking on the Great Schools banner. This will help you sort through some information to protect your most important asset--Your Children. If you would like more information about a specific neighborhood that you are considering moving to, give us a call or send us an email and we would be glad to help. Call or Text Stacy at 443-392-2826 or email us at info@pattersonteamhomes.com Please feel free to add your comments to this article. I would really love to hear your opinion on this topic. It will help us do a better job for you. The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Baltimore City...The Number 1 High School

Wed, 19 Feb 2014 00:58:16 -0800

The Number 1 ranked High School in Baltimore City, as ranked by US News and World Report, is Baltimore Polytechnic Institute. Poly, as it is known by everyone who lives in the area, is located at 1400 West Cold Spring Lane Baltimore, MD 21209. It is the #1 ranked public school in Baltimore City, the #38 ranked school in the state of Maryland and is ranked #1226 nationally. Poly received a silver medal ranking. Not bad for a school in a school system that has its' share of struggles. Poly consists of 1683 students and 94 teachers. That's a student:teacher ratio of 18:1. The student based is reported to be 87% minority and 53% economically disadvantaged. This is probably true about many schools in Baltimore City, but Poly has risen to the top and is succeeding at a very high level. The students and teachers should be proud of this accomplishment. Poly was founded in 1883 as an engineering school, which is why they are called the Engineers. Over the past 130 years numerous Poly alumni have gone on to do great things in all aspects of life. Todays students have incredibly large shoes to fill, but they shoould have no problem carrying on a fine tradition.The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

The Top 5 High Schools in Baltimore County

Mon, 17 Feb 2014 08:23:25 -0800

The other day I wrote a small piece on the Number 1 High School in Baltimore County. It seemed to generate a lot of interest and rightfully so. Education is extremely important and people want to live in a area with great schools. Because there was so much interest I decided to do another piece, but this time list the top 5 high schools in Baltimore County and give some information about each. Here are the top 5 High Schools in Baltimore County as listed by US News and World Report: 1. George Washington Carver Center for Arts and Technology is located at 938 York Rd. Towson, MD 21204. This school is ranked Number 9 in the state of Maryland and Number 242 nationally. 2. Towson High School of Law and Public Policy is located at 69 Cedar Ave. Towson, MD 21286. This school is ranked Number 12 in the state of Maryland and Number 268 nationally. 3. Eastern Technical High School is located at 1100 Mace Ave. Essex, MD 21221. This school is ranked Number 13 in the state of Maryland and Number 272 nationally. 4. Dulaney High School is located at 255 Padonia Rd. Timonium, MD 21093. This school is ranked Number 17 in the state of Maryland and Number 368 nationally. 5. Hereford High School is located at 17301 York Rd. Parkton, MD 21120. This school is ranked Number 21 in the state of Maryland and Number 426 nationally. All five of these schools receive a Gold medal ranking from US News and World Report and they are the only five high schools in Baltimore County to receive a gold ranking. All five are exceptional schools and should be extremely proud of their accomplishments. The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Baltimore County, Maryland...Our Top High School

Sat, 15 Feb 2014 03:01:48 -0800

Baltimore County, Maryland has always been one of the best school systems in the state and does very well against the national average. There are 27 high schools in the county, most having some type of specialty training. Specialty training ranges from Law programs to Nursing to Envirornmental Science to Mass Communications. Students can apply to schools that have the programs that they would like to study. Baltimore County has a really good school system. The Number 1 ranked high school in Baltimore County (as ranked by US News and World Report) is the George Washington Carver Center for Arts and Technology. Carver, as it is known, is ranked #9 in the entire state of Maryland. It is located on York Rd in Towson and is easily accessible from all other parts of the county. Carver has 752 students and 57 full time teachers. That make the student to teacher ratio 13:1. This is an amazing statistic considering many schools around the state are overcrowded. It is made up of 65% female students and 35% male students. I'm sure the boys love that ratio. All around Carver is a fantastic school and should be very prooud of their success. If your thinking of moving and want to make sure that your children can attend George Washington Carver Center for Arts and Technology let me know. I can help you find the perfect neighborhood for your family.The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

How Many Home Sales are All Cash Deal?? You May Be Surprised!!

Tue, 11 Feb 2014 05:18:01 -0800

Did you know that more than 50% of homes sold in 2013, and so far in 2014, were purchased with all cash and no mortgage. If you are surprised at that figure you are not alone. I would have thought this figure would be 10% or less. I believe that this shows just how big the investor market has become. Investing your money in real estate is a much better option than earning 1% in a bank account. Home values throughout the country has risen over the past year or so and there are still a great number of deals to be had. If you looking to invest in real estate now may be a very good time to start. There are still advantages for home owners who have a mortgage. The most important being the tax deductions. Always talk to a tax professional before making a huge decision like purchasing a home. They will help you make the right decision for you. The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Friday is National Wear Red Day

Mon, 10 Feb 2014 02:10:27 -0800

For those of you who haven't heard of National Wear Red Day, it's a day to raise awareness about heart disease. And because the people that read this I consider my friends, I want to make sure that you will be around for a long time. I'm not always great at showing it, but I do really care about the people in my life. The American Heart Association says that heart disease is the number 1 killer of woman. I've seen this first hand since I lost my mom to heart disease in March 2013. It is more deadly than all forms of cancer. There are several things that everyone can do to take care of their heart. It's not always easy to do, but you should make an effort. It could be the difference between life and death. 1. Exercise...I know it's easier said than done, but we must try to find time. 2. Get enough Sleep...Not always easy either 3. Eat a Healthy Diet...Well.....At least read the labels and stay away from the really bad stuff. Every little bit helps 4. Manage Stress...A lot of us bring undue stress on ourselves. Make a conscious decision to think positive and be positive...Again, every little bit helps 5. Visit Your Dr. Regularly...That one's easy. This will help you know your health better. I hope that everyone reading this is enjoying good health and will continue to live a long and healthy life. http://www.today.com/health/cardiologists-simple-tips-will-help-keep-your-heart-beating-strong-2D12068036?__source=xfinity|mod&par=xfinity The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Do You Know What Tax Bracket You Fall In??

Sun, 09 Feb 2014 10:59:30 -0800

It's that time of year again that we all absolutely hate. Unless, of course, you are an accountant. TAX SEASON!!! This is the time that you get to see on paper just how much Uncle Sam is taking out of your pocket. We have all heard of tax brackets, but do you know which one you fall in or what percentage of you income you pay? Check out the link to see the 2013 and 2014 charts and see what you will pay. It will probably make you want to get sick. http://www.bankrate.com/finance/taxes/tax-brackets.aspx?ic_id=most_shared_default The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

What to Look for When Searching Real Estate Online

Sat, 08 Feb 2014 03:04:15 -0800

Studies show that 75-80% of comsumers that are in the market to purchase a home start that home search on the internet. I don't think that this is a surprise to anyone considering the number of internet marketing sites. Most real estate agents also advertise their listed properties online, so how do you know which homes are diamonds and which are just a piece of coal. Here are a few Red Flags to look for when searching properties online: 1. No Pictures-Big Red Flag-Why are there no pictures? Everyone agent should be taking photos of the property for marketing. It may mean that the house is not going to live up to you expectations. Look very closely. 2. Lack of Descriptive Info-Red Flag-It may mean that the agent just can't find anything really nice to say without telling a lie. 3. Extremely Low Price-Red Flag-There is a reason for this...Big problems with the house, short sale, mold, foreclosure, etc. The list goes on and on. Be very careful and get the property inspections. These are just a few examples, but there are many more. An experienced real estate agent can help you short the diamonds from the coal. Make sure you contact someone early in the process. DON'T call the Listing agent, they work for the seller and may not have your best interest in mind. Pick an agent who will be objective. Watch this video to see more info on the topic. http://www.bankrate.com/finance/video/video-real-estate-red-flags.aspx?ec_id=cmct_finance_mod The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

It's Time to Come Together

Thu, 06 Feb 2014 05:49:37 -0800

Tonight begins coverage of the 2014 Winter Olympics from Sochi. Whether your a hockey fan or a ski jump fan or a fan of figure skating, it's time for everyone to be cheering for the same team. The good old USA. It doesn't matter whether you black or white, rich or poor, democrat or republican, for the next 2 weeks we will all be on the same team. I will do my personal best to be the best American I can be, even if that means I have to be nice to Pittsburgh Steelers fans. (I'm a Ravens Fan). I hope that people will be able to put their differences aside, at least for now, and come together to support the athletes of our great Country. They have worked for years to get this point and they deserve America's support, no matter what sport they compete in. Do your best to wear some RED, WHITE, and BLUE while the Olympics are occurring. Just maybe it will make you feel a little better about yourself. GO USA!!!!!The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Beautiful Home in Beachwood Estates

Wed, 05 Feb 2014 03:37:14 -0800

Check out the Video of this beautiful Home in Edgemere, MD. https://www.wevideo.com/hub/#media/ci/147894962The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

This Weather is Killing Me!!!

Fri, 31 Jan 2014 05:47:02 -0800

It seems I can't remember the last time we got to 30 degrees here in Baltimore. I love snow, but we have only gooten a few inches. It seems to be cold for no good reason and it's killing me. People don't want to leave their house unless they absolutely have to. Very few people are interested in looking for their new home in this weather. And what do I keep hearing from potential sellers. I just want to wait until spring. Fortunately, today there was a heatwave. It has reached the 40 degree mark. Hopefully this will continue into February and people will come out of hibernation. What happened to Global warming? That talk has been put on the back burner for a while. Anyway, I just wanted to let everyone know that real estate agents work 12 months a year. In the heat of summer and the freezing cold of winter. Spring is not the only time that homes sell. We can do it for you TODAY!!!The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Why is Your Home Not Selling?? Survey Says......

Wed, 29 Jan 2014 03:33:57 -0800

Active Rain has conducted a survey of over 1,000 Real Estate Professionals and asked "What are the biggest Mistakes made by Sellers when selling their Home?" And The answer is.... I can't make this stuff up. This information is coming from seasoned professionals within the real estate industry. There is no Super Agent out there that can overcome these issues. For Example: 1. Overpricing-The current market sets the value of the home not the seller or the agent. Overpricing just delays the inevidible. 2.Showing Availability-If you don't show the house and make it available it is not going to sell. 3.Cluttered Space-When you have things stacked everywhere from floor to ceiling and no place to put them, it is very difficult to showcase the home. 4.Unpleasant Odors-No one wants to buy a home that stinks 5.Not Willing to Negotiate-Buyers will go elsewhere and negotiate with them. Everyone must have some flexibility 6.Won't Make Repairs-No one wants to purchase a home thats broken. You wouldn't buy a car if it were broken and the seller refused to fix it If you would like to discuss this list with us please feel free to give us a call or send us an email at 443-392-2826 or info@pattersonteamhomes.comThe Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

4527 Greencove Cir., Edgemere, MD 21219 $325,000

Tue, 28 Jan 2014 01:45:56 -0800

Welcome home to Beachwood Estates! Community amenities include in-ground pool. Master suite offers walk-in closet and full bath with dual sinks, soaking tub, and separate shower. Kitchen opens to large family room with incredible light from sliding glass doors and triple window. Enjoy your screened in porch, fenced back yard, and proximity to the water. Make your appointment today! Call, Text or Email Stacy Patterson at 443-392-2826 or info@pattersonteamhomes.comThe Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Why are HOA Documents Held for Ransom??

Tue, 28 Jan 2014 00:24:10 -0800

Have you had a client that has purchased a home in a community with a Home Owners Organization only to be told that it will cost them $300, $400, or even $500 to get a copy of the rules and regulations or bylaws? It happens everyday in the state of Maryland. In years past the management company would tell us that it was expensive to copy all the pages or they had to pay their employee to do the work. Then they had to pay to send it to you or your client. But, today it is all sent to you in electronic format. Thats right, an email. There are no copies, no employee labor, and no shipping, but the fee still remains around $400. But, hopefully that is going to change with the current legislative session. There is a bill under consideration that would limit the amount a management company can charge to $50. Finally, a reasonable solution for everyone. You can help this along by contacting your state representative and making sure they are aware of the bill and are going to vote for it. It is currently in the Senate Judicial Proceedings committee, which is chaired by Brian Frosh from Montgomery County. Vice Chair of the committee is Lisa Gladden, from Baltimore City. This ia all about saving money for your clients and doing the best you can to serve their interests. I hope everyone will call or email their representatives just to let them know that we are paying attention. Here is a link to the Judicial Proceedings website: http://msa.maryland.gov/msa/mdmanual/05sen/html/com/05judp.html The bill is SB229, here is a link: http://legiscan.com/MD/bill/SB229/2014 The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Homes in Perry Hall Farms, Perry Hall, MD 21128

Mon, 27 Jan 2014 00:42:28 -0800

Perry Hall Farms is a sought after community in the northeast are of Baltimore County consisting of single family homes and garage townhomes. There have only been 5 single family homes sales in the past 12 months. Prices have ranged from $390,000 to $455,000 and all have sold quickly(most in 30 days or less). This community is located close to White Marsh Mall and Honeygo Village for shopping and restaurants. Perry Hall Farms is also located close to Honeygo Run Regional Park which offers all types of recreational activities for young and old. The schools for the neighborhood are Chapel Hill Elementary, Perry Hall Middle, and Perry Hall High School. All are part of the Baltimore County Public School system. If you would like more information about Perry Hall Farms please call, text, or email us at 443-392-2826 or info@pattersonteamhomes.comThe Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Homes in Miramar Landing, Middle River, MD 21220

Sat, 25 Jan 2014 02:39:11 -0800

Miramar Landing is a community in the Middle River area of Baltimore County consisting of garage townhomes and single family homes. The schools assigned to the community are Glenmar Elementary, Middle River Middle and Kenwood High School. This community is near Pulaski Highway and convenient to numerous amenities. When the community was built houses sold quickly due to all the amenities. Now that the community is well established several homes have sold in the neighborhood. Prices vary depending on the size and model of home. Most homes in the community have a driveway and/or garage. Listings in the community continue to sell quickly when priced appropriately. This is still a sought after community. Prices will range from under $200,000 in certain circumstances for a townhome to above $300,000 for the single family homes with garages. Some may even go a little higher. For a detailed list of homes for sale call, text, or email The Patterson Team at 443-392-2826 or info@pattersonteamhomes.com The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Be the First on Your Block

Fri, 24 Jan 2014 04:39:59 -0800

When your looking to sell your home you want to be the 1st on your block to do so. Waiting to see what your neighbors are selling their home for only creates extra competition. It also gives the potential buyers the opportunity to play your neighbors against you and vice versa. This could ultimately drive everyones price down. This is why it's a must to be FIRST. If you have a confident, reliable, honest real estate agent working on your behalf you will be in a great position to get your home sold at the price you want. We offer a team of experts to do just that for you. Get your home sold as quickly as possible by marketing it to the right buyers. We understand that this can be a stressful event in your life that is full of stress so we do everything in our power to manage that stress for you. Be the first to do anything can be a very scary thought, but it can also be very exciting and rewarding when it's complete. Let us know if you need any help.The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588

Homes in Beachwood Estates, Edgemere, MD 21219

Wed, 22 Jan 2014 02:14:24 -0800

Beachwood Estates is a community in the Edgemere area of Baltimore County consisting of 325 single family homes built between 1997-2000. The schools assigned to the community are Edgemere Elementary, Sparrows Point Middle and Sparrows Point High School. This community near the water of Back River and the Chesapeake Bay. Many of the homes have views of the water. When the community was built houses sold quickly due to all the amenities, one of which is a community pool. Now that the community is well established several homes have sold in the neighborhood. Prices vary depending on the size and model of home. There are several rancher style homes as well as larger contempoary homes. Most homes in the community have a driveway and/or garage. Listings in the community continue to sell quickly when priced appropriately. This is still a sought after community. Prices will range from around $225,000 for a rancher style smaller home to around $350,000 for the larger homes with garages. Some may even go a little higher. If you are interested in more information about this community and its easy access to the Chesapeake Bay call, text, or email The Patterson Team at 443-392-2826 or info@PattersonTeamHomes.com The Patterson Team of Keller Williams Excellence Ray and Stacy Patterson Joanna Chaffee Call or Text 443-392-2826 for information Email us at info@PattersonTeamHomes.com Get a FREE REPORT of your HOME'S VALUE at www.PattersonTeamHomes.com See more blogs entries at: http://activerain.com/blogs/rjp3588