Do I have to leave my Annapolis area house when the buyer is conducting a home inspection?

Have to leave, NO! As a matter of fact, the standard home inspection addendum reiterates your right, as a seller, to stay in the home during a home inspection. After all, it’s your home.

That being said, let’s think about this for a minute. The home inspection is being conducted on behalf of the buyer. The home inspector is working for the buyer, and usually looks askance at anything the home owner, or the listing agent might say. Not you certainly, but there have been plenty of instances where sellers try to hide defects from the inspector. By the way…it usually doesn’t work.

Most importantly though, is that this is likely the first time that the buyer has had any significant amount of time to spend in the house. This is their opportunity to get to know better, the house that will become theirs shortly. They should be able to do that without any interference.

Your listing agent will certainly explain your “right” to remain in the home, but I’m pretty sure they will also make a strong recommendation that you should leave during the inspection. You’ll know soon enough whether the buyers will be asking for repairs.

What are my options since my Annapolis house is under water?

Annapolis area houses have lost value in the last couple of years, like other communities in the area. Quite a few homeowners, who bought during the height of the market are under water on their loans. We should be thankful though, because the equity loss here in the Annapolis Maryland area has been small compared to other parts of the country. You can see the 5 year trend for the 21401 zip code here.

The first option that you should exercise when your house is under water, and you want to leave, is contacting your mortgage lender and try for a mortgage modification. If you’re able to modify, it may not help your underwater situation entirely, but it may save you money on your monthly mortgage expense. If you’re not able to modify for whatever reason, there are other options available, some good, some bad:

  • If there are circumstances that warrant, you might try a short sale. This option is not available if there is no hardship, e.g. divorce, job loss, health, etc. I’m not aware of any bank allowing a short sale just because a homeowner is underwater on their current mortgage.
  • You can just stay in the house and wait for the value to catch up. This could work if your house hasn’t experienced that much loss of equity since your purchase. Again, some areas of the country have experienced equity losses of greater than 50%. It would be a long time to recover from that loss. Historically, real estate increases about 1% higher than inflation per year…assuming that the current market in your area has reached bottom.
  • You can bring money to the settlement table. A lot of homeowners who have to leave the Annapolis area, and have lost equity in this market, are bringing a check to pay off the mortgage. This hurts, but may be required in certain circumstances.
  • Renting may be an option for some, while waiting for the equity to catch up. The Annapolis, Bowie and Crofton real estate markets have been experiencing robust rentals for quite some time. If you need to leave the area, you might have to hire a Property Manager for your home, and this will add additional expense. Call me at 443-995-9595 and I can talk you through those expenses.

If you’re not already working with a REALTOR® to buy or sell a home in the Annapolis, Bowie or Crofton real estate markets…I can help. Call Rich at 443-995-9595.

Do Open Houses Work?

Of course they do, but certainly not to the degree that most sellers would expect. I’ve seen statistics that selling the target house at an Open House event happens about 1% of the time. Despite the low rate of sale you can drive around Annapolis, Bowie or Crofton on any given weekend and you will see plenty of directional signs pointing you to Open Houses.

Visiting Open Houses seems to be a hobby for some people. For others, it’s a great way to view properties without too much pressure. They get to see homes in all different price ranges, and styles. Maybe even get some snacks while they’re at the house.

One thing to consider when visiting an Open House in Maryland though, is that the agent at the house is representing the seller in any possible transaction. Anything you tell that agent could be used by the seller. Another thing, is that the agent at the Open House is not allowed to solicit you for any other possible homes while he/she is at that house.

If you’re in the market to buy a home, by all means visit Open Houses. This is a great way to see different style homes, in an informal setting.

Who know, you may actually be  part of the 1% of buyers who purchase the house they visited at an Open.

If you’re not already working with an agent to buy or sell a home in Annapolis, Bowie, Crofton, or anywhere in the surrounding area…I can help. Call Rich at 443-995-9595.

 

Anne Arundel County Discount Taxi Coupons for Seniors and Disabled Adults

 

The Anne Arundel County Department of Aging and Disabilities is offering discount taxi coupons for seniors, age 55 and older, and for people age 18 and older with disabilities. S

Vouchers can be used to get to medical appointments, visits with family/friends, as well as getting to work, school and shopping. This service also is available when county van service is not available.everal local taxicab companies are participating in the program. They will be accepting vouchers, in place of cash.

Disabled adults need to provide proof of disability in order to participate. Each voucher book contains $10 worth of coupons and costs the participant only $5. That’s a savings of 50% off of normal fares. A maximum of seven booklets per month can be purchased. That’s $70 worth of transportation for only $35.

Providing taxi coupons for seniors and disabled adults is an excellent endeavor by the Anne Arundel County Department of Aging and Disabilities.

Visit www.aacounty.org/aging/agingservices/taxivoucher.cfm for an application, disability verification form, and list of participating taxicab companies, or call 410-222-4222 for information.

Howard County MD Homes for Sale – New Listings

Showing properties 1 - 37 of 37. See more Howard County MD - New Listings.
(all data current as of 5/18/2012)

  1. 4 beds, 4 full, 1 part baths
    Home size: 5,442 sq ft
    Lot size: 40,017 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 0
  2. 4 beds, 3 full, 1 part baths
    Home size: 2,880 sq ft
    Lot size: 5,950 sqft
    Year built: 1998
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 2 full, 1 part baths
    Lot size: 3.11 ac
    Year built: 1992
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 3 full, 1 part baths
    Year built: 1990
    Parking spots: 2
    Days on market: 0
  5. 4 beds, 3 full, 1 part baths
    Home size: 2,618 sq ft
    Lot size: 1,785 sqft
    Year built: 1979
    Days on market: 0
  6. 3 beds, 1 full bath
    Home size: 1,076 sq ft
    Year built: 1982
    Parking spots: 1
    Days on market: 0
  7. 5 beds, 4 full baths
    Home size: 5,814 sq ft
    Lot size: 3.00 ac
    Year built: 1991
    Parking spots: 2
    Days on market: 0
  8. 3 beds, 2 full, 2 part baths
    Lot size: 2 sqft
    Year built: 1998
    Parking spots: 1
    Days on market: 0
  9. 4 beds, 2 full, 1 part baths
    Home size: 2,670 sq ft
    Lot size: 8,068 sqft
    Year built: 1969
    Parking spots: 2
    Days on market: 0
  10. 2 beds, 1 full, 1 part baths
    Home size: 1,632 sq ft
    Lot size: 1,524 sqft
    Year built: 1985
    Days on market: 0
  11. 4 beds, 3 full, 1 part baths
    Lot size: 1,800 sqft
    Year built: 2000
    Parking spots: 2
    Days on market: 0
  12. 5 beds, 5 full, 1 part baths
    Lot size: 2.72 ac
    Year built: 1998
    Parking spots: 3
    Days on market: 0
  13. 3 beds, 2 full, 1 part baths
    Lot size: 8,581 sqft
    Year built: 1988
    Parking spots: 1
    Days on market: 1
  14. 3 beds, 2 full, 1 part baths
    Home size: 1,820 sq ft
    Lot size: 7,402 sqft
    Year built: 1984
    Days on market: 1
  15. 3 beds, 2 full, 1 part baths
    Lot size: 40,293 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 1
  16. 5 beds, 4 full, 1 part baths
    Lot size: 5.18 ac
    Year built: 1993
    Parking spots: 2
    Days on market: 1
  17. 3 beds, 2 full baths
    Lot size: 1.33 ac
    Year built: 1985
    Parking spots: 1
    Days on market: 1
  18. 4 beds, 2 full, 1 part baths
    Home size: 2,068 sq ft
    Lot size: 9,844 sqft
    Year built: 1987
    Parking spots: 2
    Days on market: 1
  19. 2 beds, 2 full baths
    Home size: 1,210 sq ft
    Year built: 1989
    Parking spots: 2
    Days on market: 1
  20. 5 beds, 3 full, 1 part baths
    Home size: 4,076 sq ft
    Lot size: 17,045 sqft
    Year built: 2000
    Parking spots: 2
    Days on market: 1
  21. 3 beds, 1 full, 1 part baths
    Home size: 1,740 sq ft
    Lot size: 1,611 sqft
    Year built: 1984
    Parking spots: 1
    Days on market: 1
  22. 3 beds, 2 full, 2 part baths
    Lot size: 7,500 sqft
    Year built: 2010
    Parking spots: 2
    Days on market: 1
  23. 5 beds, 5 full, 1 part baths
    Home size: 7,950 sq ft
    Lot size: 1.02 ac
    Year built: 2007
    Parking spots: 3
    Days on market: 1
  24. 3 beds, 2 full, 1 part baths
    Home size: 1,210 sq ft
    Year built: 1989
    Parking spots: 1
    Days on market: 1
  25. 3 beds, 2 full, 1 part baths
    Lot size: 10,597 sqft
    Year built: 1990
    Parking spots: 1
    Days on market: 1
  26. 3 beds, 3 full baths
    Home size: 2,378 sq ft
    Lot size: 2.00 ac
    Year built: 1965
    Parking spots: 2
    Days on market: 1
  27. 4 beds, 2 full, 2 part baths
    Home size: 3,352 sq ft
    Lot size: 14,399 sqft
    Year built: 1999
    Parking spots: 2
    Days on market: 1
  28. 4 beds, 1 full bath
    Lot size: 4.29 ac
    Year built: 1930
    Days on market: 1
  29. 4 beds, 2 full, 1 part baths
    Lot size: 12,000 sqft
    Year built: 1922
    Parking spots: 2
    Days on market: 1
  30. 5 beds, 4 full, 1 part baths
    Lot size: 10.48 ac
    Year built: 1993
    Parking spots: 2
    Days on market: 1
  31. 5 beds, 3 full, 1 part baths
    Home size: 1,500 sq ft
    Lot size: 14,052 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 1
  32. 3 beds, 2 full baths
    Year built: 1992
    Days on market: 1
  33. 2 beds, 2 full baths
    Home size: 1,900 sq ft
    Year built: 2003
    Parking spots: 2
    Days on market: 1
  34. 3 beds, 2 full, 1 part baths
    Home size: 2,700 sq ft
    Year built: 2012
    Parking spots: 1
    Days on market: 1
  35. 4 beds, 3 full, 1 part baths
    Lot size: 8,213 sqft
    Year built: 1984
    Parking spots: 1
    Days on market: 1
  36. 3 beds, 2 full, 1 part baths
    Home size: 2,658 sq ft
    Year built: 2004
    Parking spots: 2
    Days on market: 1
  37. 3 beds, 3 full, 1 part baths
    Year built: 1990
    Parking spots: 2
    Days on market: 1

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Davidsonville MD Homes for Sale – Harbor Hills

Showing properties 1 - 6 of 6. See more Davidsonville - Harbor Hills.
(all data current as of 5/18/2012)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,990 sq ft
    Lot size: 1.37 ac
    Year built: 1979
    Parking spots: 2
    Days on market: 10
  2. 4 beds, 2 full, 3 part baths
    Lot size: 2.48 ac
    Year built: 1976
    Days on market: 50
  3. 4 beds, 3 full, 1 part baths
    Home size: 3,682 sq ft
    Lot size: 1.18 ac
    Year built: 1973
    Parking spots: 2
    Days on market: 121
  4. 4 beds, 3 full, 1 part baths
    Lot size: 1.10 ac
    Year built: 1976
    Parking spots: 2
    Days on market: 164
  5. 4 beds, 3 full, 1 part baths
    Home size: 2,852 sq ft
    Lot size: 1.55 ac
    Year built: 1975
    Parking spots: 2
    Days on market: 311
  6. 5 beds, 4 full baths
    Lot size: 2.00 ac
    Year built: 1984
    Parking spots: 3
    Days on market: 382

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Can you face criminal charges for cutting down a tree in the Chesapeake Bay Critical Area Zone?

chop_down_tree_300_clrYou can if you live on the water, or within 1000 feet of tidal water in Maryland, you had better be aware of restrictions imposed within this Cheasapeake Bay Critical Area. For instance, if you cut that tree down on your property to get a better view of the water, you could face both civil and criminal charges. Yes, that wasn’t a typo…criminal charges.

A homeowner was recently sued by the State for cutting down trees on his waterfront property to get a better view. He was sued simultaneously in both Civil and Criminal Courts.

His fine in Civil Court exceeded $10,000, and he got lucky in Criminal Court with a Probation before Judgement. He is also required to get permits for the work he already did, as well as plant trees and shrubs to replace the missing ones. Along with his legal expenses, this was a very expensive lesson.

Recent State laws now allow for prosecution of offenders in both Civil and Criminal Courts. Anne Arundel County is being particularly aggressive with this stance.

Maryland waterfront homeowners, and any homeowner in the Critical Bay zone, should take heed that any activity involving trees, shrubs and underbrush should be reviewed with the County beforehand.

According to the County website, “Except for routine grass cutting and maintenance of existing garden and landscaped areas, removal of any existing natural vegetation within the Critical Area buffer or protected forests or woodland is subject to prior approval through the Code Compliance Division. Call (410) 222-7441 for information on obtaining a standard Buffer Management Plan or Forest Management Plan.”

Plan to err on the side of caution before making any landscaping changes to your waterfront property…call the County first to see if the work you’re planning on doing is legal.

Are permits required for fences in Anne Arundel County?

Does Anne Arundel Country Maryland require building permits for fences?

Generally speaking, according the the County website, fences under six feet, and located completely within the property lines, do not require a building permit. You should check with the County if the property is located on a corner lot, or waterfront, since some restrictions do apply here.

Keep in mind too that many properties in Anne Arundel County are subject to Home Owners and Condo Association restrictions. At minimum, you should review your HOA or Condo documents, and call the Architectural Committee or Property Manager.

If you have any questions about fences and permits, you should check with Anne Arundel County at their website, or call 410-222-7000.

Trash pickup schedule for Anne Arundel County residents to change in June, 2012

Anne Arundel County SealThe era of two times a week trash collection is coming to an end in Anne Arundel County, MD. Beginning in June, 2012, trash pick-up will be reduced to one day a week. The day where trash and recycling will remain, and the day where trash only was picked up, will be eliminated.
Besides the savings, which is anticipated to be returned to taxpayers, the County also anticipates that recycling will also increase. It seems that many recycled items are thrown in the regular trash, on the trash only day. The County Executive expects that the current recycling rate of 40% will increase with the changes being made in the pick-up cycle.

The slight decrease in convenience for some County residents should be more than offset by the increase in efficiency and recycling.

Crofton, MD Active Listings at Lowest Point in 5 Years

Crofton remains one of the preferred destination points in Anne Arundel County, MD. We are perfectly situated between the large employment markets of Baltimore and Washington, DC. Ft. Meade, home of the NSA, and a growing military installation, is just minutes away.

I have to say though, unless the Active listings get replenished soon, sales could be affected. The market is robust right now and buyers are out looking. While the reduced inventory is good for sellers at the moment, I believe that most REALTORS® would like to see a few more Active listings added to the inventory.

If you’re looking for a home in Crofton, MD or the surrounding area…I can help. Call me on my cell at 443-995-9595.

The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.

All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 5/18/12 5:57 AM PDT.

The listing information on this web site is from various brokers who participate in IDX.

Copyright 2012 MRIS. All rights reserved.

This IDX solution is (c) Diverse Solutions 2012.