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Bank owned homes in Ocean Pines, Maryland

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Bank owned homes in Ocean Pines, Maryland are on the decline. In the last 12 months there were 29 bank owned home sales and as of Feb 20, 2012 there are only 3 homes identified as bank owned according to the local multiple listing service. On the other hand there are currently 19 Short Sale properties on the market. These Short Sale properties are sometimes know as pre-foreclosures since the sellers owe more than their home is worth and if their lender doesn't accept an offer on them, they could end up in foreclosure and become bank owned properties when the lender takes back the home. When you want to know when a home is going into foreclosure there are many places to look and often they charge a fee to sign up for their notification service. If you want to save time, you should contact a REALTOR® that works in the area you are interested in. A professional REALTOR® has systems in place to stay in contact with their clients looking for properties. If you are looking for a ba

Searching for homes for sale in Ocean City Maryland

Searching for homes for sale in Ocean City Maryland can be a daunting task.  According to the 2011 National Association of REALTORS® Home Buyer and Seller Survey, 88% of Home buyers begin their start their search on the internet. With so many places to look like REALTOR.com, Truila, Zillow, Yahoo Real Estate, Craigslist, Point2Agent, Homes.com, and all the big box brokers, it's no wonder that 89% of the buyers purchased their homes through a real estate agent. The real estate agent plays a very important role. They help locate the type of home that meets the desires of the homebuyers.  They set up appointments with the sellers/agents to preview the homes with the buyers.  They assist the home buyer navigate the purchase process from getting pre-approved for a loan, finding a home inspector, coordinating walk-through, settlement and much more.  Real estate agents has access to the most up to date information about the homes available in their specific market.  Hiring a real estate a
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It's hard to believe that another year is coming to an end already. I for one can say that I have been very busy and am starting to see the market turn around. Yes, there are still plenty of homes on the market and prices haven't been going up, but the goods news is things are actually starting to stabilize. The foreclosure market has given those looking for an investment property the opportunity to spend some of the cash they had on the sidelines, since it is still too expensive to buy gold as a hedge against inflation. With the number of people looking for rental properties (as some homeowners are forced to make the decision to walk away from their homes that have dropped in value and can't be refinanced), now may just be the time to purchase that investment property. If you or someone you know has been waiting to find the right property to buy, give me a call and I will be happy to begin the search with you. I can still be reached at 410-726-4260 or sharon@sharoncurt

Still on the Fence?

BUYERS STILL ON THE FENCE? Here is one lender's perspective on waiting to buy. Lets breakdown these historically low rates. To understand a little better just how incredibly cheap mortgage money is to borrow. On a 30 year fixed rate loan, every $1000 dollars borrowed only costs $5.10!! per month. Since this money is tax deductible, after taxes it only cost $3.60!! per month. On a 20 year fixed rate loan, every $1000 only cost $6.30!! per month. After taxes that is only $4.40!! per month. On a 15 year fixed rate loan, every $1000 dollars only cost 7.35!! per month After taxes, that is only $5.15!! per month. WOW!! As the experts have said not in our generation, nor in our children's generation will we ever see rates this low again. So Don't Delay, Invest in your next home today! Give Sharon Curtiss with Hileman Real Estate, Inc. a call direct at 410-726-4260 or O: 410-208-9200.

For Sale: 4BR/2BA Single Family House in Ocean Pines, MD, $322,350

For Sale: 4BR/2BA Single Family House in Ocean Pines, MD, $322,350

HOME SELLING TIPS

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Fielding a Lowball Purchase Offer on Your Home Consider before you ignore or outright refuse a very low purchase offer for your home. A counteroffer and negotiation could turn that low purchase offer into a sale. Read Keep Your Home Sale from Falling Apart After finding a buyer, all you have to do to make it to closing is to avoid these five traps. Read 7 Tips for Staging Your Home Make your home warm and inviting to boost your home’s value and speed up the sale process. Read Visit houselogic.com for more articles like this. © Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®