1706 Aberdeen Road – Loch Raven Village
Parkville, Maryland – Offered at $219,900
**Update 11/23/09 Congratulations, Sellers, we SETTLED!***
**Update 10/13/09 Congratulations, Sellers, we are under contract!***

• Download the Brochure (PDF)
• Schedule an Appointment
• Ask a Question

Explore this adorable Loch Raven Village home for sale at $219,900…

• First Floor
• Second Floor
• Finished Basement
• Neighborhood

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722 Villager Circle – Boston Courts Townhouse
Dundalk, Maryland – Offered at $177,995
**Congratulations, sellers, WE SETTLED 11/09/09!**
**Congratulations, sellers, we are under contract 10/10/09!**

• Download the Brochure (PDF)
• Schedule an Appointment
• Ask a Question

Explore this fantastic Dundalk home for sale at $177,995…

• First Floor
• Second Floor
• Finished Basement
• Neighborhood

Read more

Monkton Real Estate: 35 Chesterfield Ct in North Baltimore County is a Great Value at $635,000 per Zillow Zestimate

This very large Colonial home at 35A Chesterfield Ct in Monkton on 6.46 acres, is a GREAT deal at $635,000!

Per Zillow’s Zestimate, its’ value is approximately $696,500! Now, Zestimates are an approximation, and are not an appraisal of true value, and can be off a lot in our area, but they give you a general idea of a starting point as to what a property may be worth when using statistics and history.

So enjoy this great deal, and come visit us at the open house on Saturday, October 3,  from 3-5 pm!

Monkton Community Amenities

The Monkton Community, where 35A Chesterfield Ct is located, has many amenities.

Hereford Middle School is located 1.1 mile away, just off the street from this fantastic home.
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Located near York Road, and just a few miles from I-83, 35A Chesterfield Ct is a convenient location — while providing a private 6.46 acre lot and large, stately home to enjoy!

Towson Condominium Real Estate : New FHA Condo Guidelines Effective November 2, 2009 May Harm Towson Condo Owners

Towson Condo Owners have a new issue to grapple with.

First there was the change in the laws for condo insurance converage. Now we have the new FHA condo guidelines that may affect many people who want to buy or sell a Towson condo!

HUD announced this change in July, and the new guidelines were to take place October 1, but on September 15 they extended it per this note on their website: “This new approval process was effective for all case numbers assigned on or after October 1, 2009. However, the new effective date is for case numbers assigned on or after November 2, 2009“. This allows more time for buildings and mortgagees to be prepared for these changes. Here is the mortgagee letter from HUD, under “Notice on FHA Condomimium Processing” explaining the changes.

The biggest issue is that EVERY condo development in the United States will have to go through this process to be re-qualified to have FHA loans allowed in their building. Imagine the hold up/back up this is likely to create.

A major change in the guidelines that could ALSO create a delay is the elimination of the “Spot Loan Approval” process.  HUD states the reason for this is that “DELRAP and HRAP processes have been streamlined to allow for uncomplicated condominium project approvals eliminating the need to approve units on a “spot loan” basis.”

Unfortunately, this new process could add a decent amount of time to approving a condo project because much more paperwork has to be submitted to the bank, reviewed, and then submitted onto HUD.

Add onto that the many people wanting to take advantage of the $8,000 First Time Homebuyer Tax Credit that is set to expire at the end of November, and you have a recipe for a huge disaster looming in the near future!

SO, if you have been considering buying a condo in Towson or selling one, the time to do so is NOW. Luckily with this extension, we have a little more time to GET IT SOLD!

Fall Festival at Graul’s at Ruxton Village Shops — Another Great Reason to Live in Towson

The Graul’s Market at Ruxton Village Shops will be having its Fall Festival this Saturday, September 26, 2009 from 11 am – 3 pm.

The Festival benefits the Maryland Humane Society, and you will be able to meet pets who are available for adoption!

The Festival will showcase live music, kids’ entertainment, pit beef, crabcakes, plus local food samples. A good time sure to be had by all, this is a don’t miss event for this Towson neighborhood!

The Ruxton Village Shops, located at  7701 Bellona Avenue in Ruxton, include Graul’s Market, Graul’s Wine Shop, Wilmington Country Store/ The Pink Crab, and Needles and Threads of Ruxton.

Back to School Brings Buyers Back to Towson Real Estate Market

Last week, Baltimore County went back to school. A long Labor Day weekend allowed for a feeling of lengthened summer, but today is the official day that we are back in full swing and the long days of summer are over.

Since kids are back in school, that usually brings a boost to the Towson Real Estate market, and this year appears to be no different. I have appointments every evening this week as the cool crisp air brings a new sense of urgency to get into the home of your dreams as you get ready to hunker down indoors for the cold weather months!

The $8,000 First Time Homebuyer Tax Credit is also a catalyst, because buyers really should get a home under contract by September 25 in order to ensure closing happens before November 30, 2009. This affects home sellers too, because if their home is in a Towson neighborhood like Loch Raven Village, where first time homebuyers are flocking, they need to get their homes on the market now so they can move soon and their buyers can take advantage of this credit.

Contact me today to take advantage of this first time homebuyer market, whether you are a buyer or a seller. Everyone wins!