This weeks Cecil County Foreclosure Find of the Week, is a beautiful home located in a waterfront community on Norttheast, Md. On nearly a half acre, this house has 3 bedrooms, 2 baths, a spectacular kitchen and more!
A massive great room with hard woods floors and cathedral ceilings as well as a great detached garage with loft. Enjoy the convenience of boating on the Northeast River. Call Kelly Willey or Gloria Price to view this great foreclosure home today. Or for a FREE list of foreclosure homes, click on the link! Watch out! This home is WAY under market value, and will go quick!
Kelly Willey & Gloria Price Long & Foster Real Estate Company
510-515-5541
EHO Realtor
Photo Courtesy of MRIS
This weeks Foreclosure Find of the Week is a deal and a half!!!! Located in desireable Fallston, Harford County. This 4 bedroom, 5 and a half bath home contains over 5000 square feet of living space. On almost 4 and a half acres, this wonderfully maintained home is sure to go quick!!!!
Boasting a 1st floor master suite, family room, a bonus room above the garage, and much much more. The rooms in this fine room are spacious and full of natural light. Call Kelly and Gloria today to see this, or any other home! For a free list of foreclosures dlick on the link. You will be shocked at the values out there that are waiting to be had.
Kelly Willey & Gloria Price
Long & Foster Real Estate Company
410-515-5541
eho realtor
Photo courtest of MRIS
Let me correct myself... In my last post, "What Has Been on the Market the longest in Harford County, and Why??, I gave my opinion on why I though this home had sat longer than a bucket of water in the dogs days of August, with mosquitos swarming around it. Basically, I gave my opinion , that this home had not sold was because of price.
Although price certainly is a key factor in all homes that are not moving off the market, I must admit I over looked another extremely important factor, which another member of Active Rain brought to my attention thankfully.
This valued member of Active Rain had proof positive concrete evidence on why this home may have not sold..........
HE SAID "actually TRIED to make an appointment to show this home last year! I called the listing agent 4 times and never got a call back? What else was I supposed to do send a certified letter to the seller so I could show the home?"
Unbelievable, do you think this seller has any idea how poorly they are being represented? I think not. Another point, not to beat down the little guy in real estate. This home was and still is listed by a no name company, that has little credibility or reputation in our marketplace. I am sure this company is not fully staffed with secretarial and admin staff to take and confirm appointments.
Does anyone think this home will ever sell?
Comment Coutesy of Michael Kilijanowicz
With all the talk of the market being at a standstill, I decided to see what properties have been out there the longest. Why have these homes been on the market days upon days, upon days? Why have they sat, while other have sold, and resold?? Is it all about price? Let's see....
This 3 bedroom 2 bath "nearly new" bilevel on 3 acres has been on the market for an astronomical 955 days. Hmmm, 955 days is quite a while. The picture of the home looks nice enough, and one would have to wonder, why this listing is STAGNANT!! The interiors are less than desirable, showing the kitchen to appear smaller than an efficiency kitchen. The other pictures are also, extremely unappealing, which does'nt help this homes salability at all.
So, I decided to do a drive by of the home. Doing some realtime investigative work, checking to make sure the property was not on a flag lot, or backing to a pig farm, etc. Nope, neither. Yet the home was placed strategically near one of the busiest roads in Harford County, Md. Rt. One.
Yes, the home is on over three fabulous acres, but over two of the acres is the front yard, which has a great view of the busy road. Great for a state trooper to set up shop with his radar gun on a hot summer day with a lemonade and a beach chair. Not good for your average buyers.
Lets see the bigger picture. Yes this home would and could sell. IF.... Yes, if the negative factors were taken into consideration during pricing. This property was assessed at $267,000 this year. In my opinion, this home needs to be below, or at the least close to this value to sell. Unfortunatley, pricing is key, and when a home has a negative feature; exterior, interior, or nearby, pricing needs to be adjusted accordingly.
This home has been through numerous price reductions in the last 2 years, and almost 8 months. Statrting high at 449, 000 this home never had a chance at sale. It was lowered and raised, and lowered, there was never a method to the madness. Finally, at a steep and overpriced $369,000, it will still sit, and continue to accumulate the days on market. Because it is stilll 100k overpriced! Hey we are almost at 1000 days!! Maybe that will reel in the buyers!
photo courtesy of MRIS
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