Last week Crofton MD had three houses go to settlement. Once again, two of the settlements were in the $200,000 to $300,000 price range, which is the sweet spot for first time home buyers. The third house was more than likely a move up priced at $539,900.
So what did last week tell us about potential future settlements? Three houses in Crofton MD moved to the Contract stage. At this point, all contingencies are removed and settlement is approaching.
Two houses went under contract with a kickout. One of the kick outs was for a home inspection which is pretty minor and the other one was for a third party approval on a short sale. Crofton MD doesn't have all that many short sales but they do occur.
The remaining two houses went under contract with no kick out. Some contingencies still exist but a contract with no kick out is pretty solid.
Seven new rentals became active last week in Crofton MD. Monthly rental prices ranging from $1,500 to $1,995.
Thirteen houses came on the market. Nine of them priced below $300,000 provide a good selection of inventory to choose from for first time homebuyers.
This is just another reminder for first time home buyers that the $8,000 tax credit is set to expire on November 30th. You should be out there seriously looking in order to be able to settle before November 30th. You still have a little time but don't delay.
If you're not already working with an agent to get into your first Crofton MD home, I can help. Just call me at your convenience at 443.995.9595.
Overall, not a bad week for Crofton MD home sales.
Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114
410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com
Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist
©2009 - RichSellsHomes, All Rights Reserved
Maryland State Fair
2200 York Rd
Timonium, MD 21093-3120
(410) 561-5610
It's starting to wind down for this year but the Maryland State Fair at Timonium Fair Grounds will still be around through the weekend.
Admission is $8 for adults and $3 for children from 6 - 11. Under 6, they're in for free. Oh yeah, seniors get in for $6. I used that discount the other day myself. Admission doesn't include rides which are paid for independently.
Parking at the fairgrounds itself may be hard to get with the anticipated crowds, but there is more than adequate parking in the surrounding area.
I was there the other day and the fair this year is terrific. Food, rides, games of chance and of course, judging of farm animals.
There is plenty to do at the fair so don't miss out. Check out the Calendar of Events.
Read about the history of the Maryland State Fair here.
Welcome entrance to the Maryland State Fair
Everybody loves the Ferris Wheel.
There is a petting section for kids. Adults too.
How would you like to be a judge in this contest.
Take your chances on the rock climbing wall.
Almost time for lunch.
I'm feeling a little woozy.
Rides, games of chance and food on the fairway.
Crowded for a weekday. This weekend it's going to be mobbed. I love it that way.
What's a State Fair without a funnel cake? Looks like my side has already been nibbled on.
We'll be back next year.
Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114
410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com
Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist
©2009 - RichSellsHomes, All Rights Reserved
All photos and written content were produced by Richard Iarossi. Copyright 2009 - All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written permission of Richard Iarossi, REALTOR®, Long and Foster® Real Estate, Inc., Crofton, MD.
Once your offer on a Crofton MD home is submitted, it is reasonable to expect a counter-offer from the sellers. Being in a position where the seller actually does submit a counter isn't all that bad. When the sellers provide a counter offer, they feel that there's room for negotiation. After all, they could have rejected your offer and moved on, but they didn't.
How you react to the counter offer is something we need to discuss. You can accept it, reject it, or actually provide another counter offer to the sellers. Remember, it's not just price that the sellers may counter on. Each contract is complex, and there may be other terms and conditions that may not be acceptable to the seller.
This can go on for a while, but at some point one of the parties, buyer or seller, may stop negotiating. Our goal is to keep the negotiations going and get a contract that is totally acceptable to you.
Your desire for the house, market conditions, and your ability to counter within your affordability level, are all important. As a buyer, you need to have an upper limit during negotiations and more importantly, stick to your limit. Above all, we want to make sure that this transaction is still in your best interest.
Negotiating fairly and firmly in order to get the Crofton MD home of your choice, is in your best interest.
Buying A Home In Crofton MD - Step 1, Making The Decision
Buying A Home In Crofton MD - Step 2, Getting Professional Assistance
Buying A Home In Crofton MD - Step 3, Time To Start Looking At Homes
Buying A Home In Crofton MD - Step 4, Know The Local Market
Buying A Home In Crofton MD - Step 5, Finding Your Dream Home And Writing An Offer
Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114
410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com
Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist
©2009 - RichSellsHomes, All Rights Reserved
Buying a home is complex and costly. You want to make sure you end up with as many features you want, and can afford. The home you eventually get may not have everything you wanted, but for the price, you're getting the features most important to you. Even in the highest price ranges, it's rare that a buyer gets everything on their wish list.
Crofton MD has a large real estate inventory to start your search for the home of your dreams. At some point, you'll find that perfect home for you, and we'll write an offer.
In Maryland, all real estate purchases have to be in writing. No handshakes allowed. That offer we write together is going to take a while. The standard real estate contract is 11 pages but when we add all the required addenda, it can easily blow up to close to 40 pages. Get out your blue pen because you'll be initialing and/or signing just about every one of them.
Bring your checkbook too. When we write an offer on a home. you have to include an earnest money deposit. It's customary, but not mandatory, to provide an earnest money deposit of approximately 1% of the purchase price of the house. This money will be used at settlement if your offer is accepted.
It used to be pretty standard to close in 30 - 60 after the offer was accepted. New lending and appraisal practices have bumped this up to 45 - 60 days.
Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114
410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com
Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist
©2009 - RichSellsHomes, All Rights Reserved
13 new listings and three new rentals came on the real estate market in Crofton MD last week.
5 of the new listings were below $300,000, which is in the price range that's attractive to first time home buyers. 6 were in the $300,000 - $400,000 range and the remaining 2 listings were over $550,000.
5 Crofton MD homes went to settlement last week.
As an indication of things to come in the near term future, the Crofton MD real estate market currently has 53 homes in various stages of contract. The majority of these homes will go to settlement shortly.
The current housing inventory in Crofton MD stands at 134 units. These range in price from $150,000 to $829,000. Plenty of opportunities in all price ranges to purchase a home in Crofton MD.
This is once again time to remind first time home buyers that the $8,000 tax credit is set to expire on November 30, 2009. In order to take advantage of this tax credit, if you qualify, you have to settle on a home before December 1, 2009. Don't delay. First Time Home Buyers should be out there looking now and making an offer as soon as possible.
If you're already working with an agent, give them a call to look at some terrific valued in Crofton MD real estate. If you're not working with an agent, I can help. Call me at your convenience at 443.995.9595.
If you're searching for a home in Crofton, MD or any other city in Maryland, click anywhere to view all Active listings.
Information from the Multiple Regional Information System, MRIS, and is subject to change.
Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114
410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com
Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist
©2009 - RichSellsHomes, All Rights Reserved
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Serving discriminating buyers and sellers in the Anne Arundel, Prince Georges, Howard, Calvert and Queen Anne Counties in Maryland. Call Rich at 443-995-9595 for the real estate service you deserve
To search for all active listings in Maryland, Virginia and the District of Columbia use http://www.RichSellsHomes.com
Welcome to Crofton, MD. As a sales associate working for Long and Foster Real Estate, Inc. I feel priviledged to work with buyers and sellers all throughout Anne Arundel and surrounding counties.
Crofton is a destination place for buyers moving into the area. We're ideally situated about 30 minutes out of Washington, DC to the south and 30 minutes out of Baltimore to the north. Travel east about 10 minutes and you're in the Capital of Maryland, Annapolis. Each of these cities is a thriving employment area, making Crofton an ideal location.
My family and I moved to Crofton in 1991 and used the same criteria that buyers today use when looking for a home. Great location, good schools and safety. After looking at several communities in the area Crofton was our number one pick and we've never looked back. It has been a wonderful small city to raise a family.
The kids are grown and out now and living in nearby Baltimore County. My wife and I are still in Crofton and plan on remaining here for quite some time.
You're in luck...my two Schnoodles like everybody.
When you're on the Internet, you don't have time to waste on endless searches for useful real estate information. You want to get things done quickly and without hassle. So chances are you'd like a real estate agent who
Enter the e-PRO.
An e-PRO is a REALTOR® who has successfully completed the e-PRO training program for real estate professionals. Endorsed by the National Association of REALTORS®, the e-PRO course teaches professionals the nuts and bolts of working with real estate on-line: Web sites, e-mail, on-line tools, and most of all, what today's consumer really wants.
I have been an e-PRO for 4 years and use only the latest in technology to help assist buyers and sellers in realizing their dream of home ownership.
Active Rain is a great platform and learning experience.
A grandchild changes everything. Rich and Jackson, 10/08.
Rich Iarossi
Long and Foster® Real Estate, Inc.
Crofton, MD 21114
410-451-6255 Office
443-995-9595 Cell
www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com
My main area of expertise is working with renters, buyers and sellers in the residential real estate market.
Valerie Martin
“Rich, my salesperson was excellent. Attention to my wants and method of house hunting, attention to details above and beyond expectations.”
Roger and Thuy Castillo
“We loved Rich and would recommend him to any and everyone. Rich served us above and beyond his duties. He was knowledgeable and trustworthy.”
Michael and Joanne Haskins (Vice Admiral - Retired)
“Rich was the perfect realtor for us – patient, knowledgeable. He made the whole process a very pleasant one.”
Peg Hardy
"When it comes time to sell Rich is going to be my agent. I'm picky and it took some time but he was patient and we found the perfect house."
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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