Friday, October 21, 2011

Absolute Auction in Chester Md

This doesn't happen too often so I thought I better mention it. Someone may just be interested in this. This home was built in 2000 and has approximately 2100 sq ft of living space. It offers 4 bedrooms and 2.5 baths, fireplace, sliding doors to rear deck, situated on .24 acres. It does have vinyl siding, 2 car garage and has public water and sewer. The location is outstanding, just about 1 mile off Route 50, also known as Ocean Gateway, and the neighboring homes are in excellent condition. The starting bid is set at $40,000 and since it is an absolute auction, the highest bid gets it. Now the property will need some renovations, but it will be so worth it. The auction is scheduled for Tuesday,November 8,2011 at 11:30 am. I have plat and terms and conditions, so give me a call if you are interested.

I'm Lisa Longest with Exit Gold Realty. I specialialize in residential real estate in Stevensville Md and surrounding areas, such as Chester MD. Feel free to contact me at 443-786-4200 or email me at LisaLongest@ExitGoldRealty.com

I'm "The Realtor That Will Be With You The Longest"

Thursday, September 15, 2011

104 Teal Court and 116 Teal Court Open House- Stevensville MD

I will be holding an open house at these two locations (both in same building) this Saturday September 17, 2011 from 1-4 pm. I would like for you to visit me during this time. Bayside community is a wonderful place to live here on kent island. It is close to Bay bridge, schools, restaurants, and entertainment. Bayside offers pool, tennis, club house, exercise room, and close to bike and walking trails.

Addresses are:

104 Teal Ct MLS: QA7484914

116 Teal Ct MLS: QA7551602

Visit www.realtor.com to view these listings along with virtual tours.

My name is Lisa Longest at Exit Gold Realty. I specialize in real estate in the Stevensville Md location and other nearby cities. If you have any real estate needs, or know someone who does, please call me at 443-786-4200

Tuesday, July 26, 2011

Ready to Spend on Green?

Heating and cooling a home today is not cheap. Consumers over the years have expressed concerns about increasing utility costs and some are rejecting homes with two-story great rooms and walls of windows-often costly to heat and cool. But purchasing a solar heating system, installing new double-pane windows, or replacing old appliances isn't cheap either. For a long time, the high expense associated with "going green" has kept many home owners from embracing energy-efficient features.

Now however, consumers are motivated to do the right thing about the environment and finding out that they can save money in the long run. Yes, it's easy to get overwhelmed with green ideas because there is so much you can do. But you don't have to do everything...just pick one or two things now and then add something again later.

Even some home builders, in response to demand, are rolling out energy labels for new homes, which provides estimates of monthly energy costs, triggering a different approach to home shopping for energy-conscious buyers.

Do you need more help to get you to go "green"? Well there are federal tax credits available, and energy-efficient mortgages are options to help home owners pay for "green" upgrades.

I'm Lisa Longest with Exit Gold Realty. I specialize in real estate in Stevensville Md and surrounding areas. If you or anyone you know needs help with real estate, just contact me at 443-786-4200 or email me at lisalongest@exitgoldrealty.com. I'm the Realtor who will be with you the "Longest"

Friday, May 27, 2011

Energy Efficiency and Green Features in Homes

I'm going to toot my own horn this time because I am very proud of this designation. I have joined the movement of professionals pushing the real estate market toward energy-efficient, sustainable, and healthier features in homes and buildings. With national surveys indicating that 9 out of 10 consumers consider energy efficiency and the environmentally sound aspects of a home to be almost as important as interior finishes, Certified Eco-Brokers are simply in a better position to serve the savvy green-minded real estate consumer.

Please take time to read my article and keep me in mind to help you purchase a more energy-efficient home or market your home as such.

My name is Lisa Longest and I work for Exit Gold Realty. I specialize in Stevensville Md and surrounding cities. Feel free to contact me at 443-786-4200 or email me at lisalongest@exitgoldrealty.com

Wednesday, May 25, 2011

Avoid 3 Common Remodeling Mistakes

The road to bad remodeling is paved with good intentions. Anyone tackling a major project wants his home to look and work better--and to get a reasonable return on investment. But renovations are packed with so much stress and emotion that it's easy to go wrong.

With that said, let's learn how to keep from falling into these 3 common mistakes.

1. Being a slave to fashion: The more up-to-the-minute your project is today, the more out-of-date it will seem in 5-10 years. So, go with classic choices that match the house's original style.

2. Skimping on the design: Make sure your renovation project is well thought out. If you are doing, let's say, building an addition or moving interior walls, spend the $1000-$5000 to hire an architect (to draw a plan, not project manager)

3. Over-investing in the kitchen: Yes, great kitchens sells houses! But there is a limit to what you can recoup for granite countertops and commercial-grade appliances. Kitchens represents anywhere from 5%-15% of a home's value, so limit your kitchen renovation budget to that range.

So, go ahead with your well prepared plans of renovating. Count your costs and have a blast.

My name is Lisa Longest and I work for Exit Gold Realty. I specialize in Stevensville, Md and surrounding cities. Feel free to contact me at 443-786-4200 or email me at lisalongest@exitgoldrealty.com

Tuesday, May 17, 2011

Housing Inventory in Queen Anne County-Stevensville MD

So you have a house on the market in Queen Anne County on the beautiful Eastern Shore of Maryland and can't figure out why it's not selling. Well, there really could be a variety of reasons, however, I am going to discuss just one possible reason: INVENTORY!

The absorption rate of your area is very important to know when pricing your home to sell it. If you really want to sell to move on, you may consider the absorption rate before considering market value. You may want to consider a selling price based on the absorption rate.

Not sure what the absorption rate is? I will tell you. It is an estimate of the rate at which a particular classification of properties for sale can be successfully marketed in a given area. An absorption rate must be developed to analyze supply and demand.

Let me give you an example:

This is a current example:

Active Listings in Queen Anne County: 707

Now divide the active listings with what has SOLD:

In the last 6 months: 189 = 3+ Months

In the last 3 months: 106 = 6+ Months

In the last month: 37 = 19+ Months

Now you know how much inventory is currently on the market as of this past month in Queen Anne's County....over 1 1/2 yrs. This is what you are competing against. And this statistic is constantly changing as properties are listed or sold. So, this makes it imperative, as an agent, to keep your clients informed.

Now you just found out how to decide whose market it is:

* Sellers' market conditions-Absorption rate is 1-4 months.
* Normal market conditions-5-6 months.
* Buyers' market conditions-7+ months

Has your agent gone over this bit of information with you? I hope so. If not, ask them to. This example is a generalized absorption rate. Perhaps you want one done with specific data that corresponds to your particular market.

My name is Lisa Longest and I work for Exit Gold Realty. I specialize in Stevensville Md and surrounding cities. Feel free to contact me at 443-786-4200 or email me at lisalongest@exitgoldrealty.com

Tuesday, April 19, 2011

Bay City Community Stevensville Md

Bay City is one of the few communities located directly on the Chesapeake Bay. This community consists of approximately 700 single family property owners and is situated just south of the Chesapeake Bay Bridge on Maryland’s eastern shore. For BCPOA members the community has two waterfront parks. The south park is located directly on the Chesapeake Bay, its amenities include picnic tables, grills and a play ground. At the south park you can enjoy the picturesque views of the bay while your children or grandchildren are swinging at the play ground. The north park is for the boaters and crabbers; it is located on Broad Creek and includes a 50 ft dock with a concrete boat ramp. Both parks are also great fishing spots for BCPOA members. If you love the eastern shore and the Chesapeake Bay, Bay City is the ideal community.

Nearby can be found Matapeake State Park, Blue Heron golf course, Bay Bridge marina, Bay Bridge Airport, Kent Narrows, and the Queenstown outlets are a short drive away.

Now currently, there are 24 houses on the market in Bay City; 5 are under contract, 3 sold in the last 20 days, and there is 1 rental. The prices of these homes range from $185,000-$1,000,000.

Hi, my name is Lisa Longest and I work for Exit Gold Realty. I specialize in Bay City and Stevensville Md. Feel free to contact me to get more information on homes for sale in Stevensville MD and surrounding cities at 443-786-4200