For people who are looking to sell Anne Arundel real estate, one of the major challenges is to price the property right. In a tough buyer’s market, you look for any kind of advantage and setting the right price is a powerful deal-making advantage which places you in the driver’s seat. Do you know the main reason why some properties are in the market for months? In all likelihood, they are just priced too high.
The target is to sell your property in 30 to 45 days and you have to do the necessary research to come up with a price which reflects the true value of your home. According to statistics, the settled prices of homes in Anne Arundel County are approximately 10 percent lower than the asking price at contract from August 1, 2010 to October 1, 2010. This is a very important finding because it reveals a sellers’ advantage. The strategy is to figure out the price of your property and stick to it. After you have done your research, consult with an experienced and proven Maryland realtor like John Day. Once you have decided on the price, it should be final. Don’t budge. It’s common for buyers to make a lower offer but you should stand your ground because you know the price is right. A serious buyer will come around and appreciate your honest, solid appraisal, sooner than you know!
Sellers’ Advantage in Maryland Real Estate
Historic Annapolis Real Estate
The Baltimore Sun told an Annapolis real estate success story last month, interviewing the owner of a Murray Hill home. The woman and her husband spent six years renovating the home while they lived in Bowie, collecting pieces from as far back as the 1800s ad blending those in with more modern fixtures. The home was a part of the annual Annapolis by Candlelight tour and also featured in Historic Annapolis magazine.
Annapolis has more 18th Century structures standing today than any other city in US. These charming pieces of history include; the third oldest college in the US, St. John’s College, the United States Naval Academy, the capitol building and many of the buildings that line Main Street.
When living or visiting the Annapolis area there will always be plenty to do. You won’t be bored here, not for a moment. The year is filled with festivals, sailing races, boat and walking tours and several boat shows that fill the charming streets of Annapolis with activity. The nightlife is vibrant as well.
If you are interested Historic Annapolis real estate, John Day can help you find a home in this beautiful area, and it won’t necessarily be one that requires years of work. Whether you are looking for an 18th century historical home, or something more modern, you can find it in Annapolis.
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Annapolis Town Home Available through HomePath
This week we told you about a newly listed Annapolis town home that is available through the HomePath program. Like a number of other Homepath homes, the one we recently listed on this website is available for HomePath financing.
Annapolis is a great area in which to live and if you have been eyeing Annapolis real estate this could be a great opportunity for you. As you can see, it has a modern kitchen, basement rec room, three bedrooms, master bedroom with bathroom, a garage and a deck in the back. Enjoy all of the great sights, sounds and great food that Annapolis has to offer in a townhouse that has room for you, your family or friends and your car.
If you didn’t know the Homepath program is a part of Fannie Mae’s REO (real estate owned) efforts. REO homes are those that a lender has taken over after foreclosure.
According to the Fannie Mae website, “HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance.”
Even if this town home does not strike your fancy, there is a lot of great Annapolis real estae that you can check out if you want to live in Annapolis. Whether you are looking for an 18th century historical home, or something more modern, you can find it in Annapolis.
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Annapolis Real Estate Offers Great City Life
While it is important to make sure you buy a home with the space you need and the kind of features you want, an Annapolis realtor like John Day will also tell you that you want to make sure the Maryland real estate you buy will allow you to have the kind of lifestyle you want.
For example, if you really like to live in a city environment but you see a house with all you want in a rural area, you have to consider whether that particular house is worth sacrificing proximity to a city. On the other hand, some people don’t mind living in a property that they don’t love because it is in a neighborhood they really like. It is not easy to find everything you want in a neighborhood and in a house, but when you work with a dedicated real estate professional, you don’t have to settle for one or the other.
Annapolis is great place to live if you like to be explore historic districts and if you enjoy the arts. One thing people in and around Annapolis can enjoy is Live Arts Maryland, which will start its 2011-2012 season.
As HometownAnnapolis.com reports:
“Live Arts Maryland has spent nearly four decades entertaining the Annapolis area with professional, artistic productions and performances.
Between September and April, audiences will enjoy not just the very silly evening on the [HMS] Pinafore, but also a dramatic requiem, magical holiday music and a light Cole Porter standout.”
