EXIT e-Listings Tour# QA7975577

Take a look at this investor special. Or use a 203K loan and fix it up.



EXIT e-Listings Tour# QA7975577

EXIT e-Listings Tour# QA7964707

EXIT e-Listings Tour# QA7964707

EXIT e-Listings Tour# QA7962660

EXIT e-Listings Tour# QA7962660

Home Renovations/Rehab. How To Fund Them--Stevensville MD

Well I have to tell you....I attended a class today that was quite an eye opener. I found out that there is so much more that I could be offering my clients....even past clients. The problem is that I have heard about this product but really was not aware of how it works, not really understanding the benefit of it. The class was conducted by Jeff Onofrio and Tom Mills from AnnieMac Home Mortgage. They described to us a program that the governement launched back in 1978 that provides home buyers the opportunity to buy and fix up a property, without exhausting their personal savings. Or a current homeowner who is looking to renovate their primary residence to upgrade, improve or add an addition to the home. What is it? What am I talking about? The FHA 203K Program! Right now, there are currently hundreds if not thousands of homes here in Queen Anne County sitting on the market that with a little TLC would be become a dream home--just by using this program. Perhaps you have said, "I love that house, but_______________" That "but" may be... But the kitchen is outdated, but it needs another bedroom/bathroom, but I want a finished basement,etc. This little known program will solve any of these "buts" and more!!! You the buyer can basically include whatever your little ole heart desires: carpet, paint, new appliances, new kitchen,new bathrooms, hardwood floors, build a garage, make a home handicap accessible,convert to a green home, and it goes on and on. Do you want to buy a fixer-upper? Use the 203K program. Has the home been stripped? Does it need HVAC, electrical, plumbing, connect to public utilities, septic/well, expand foundation/footprint, etc..... it's covered. There are two types of the FHA 203K Loans: 1. The Streamline: This one is for the less expensive repairs and improvements. The maximum costs that can be included in the loan are $35,000, which includes all the 203K fees. 2. The Full 203K: This one is for the larger projects requiring more than $35,000 in costs or for projects that require structural repairs. Anything that will become a permanent part of the property. What properties are eligible? Any single family home, townhouse, or even multi-unit (up to four units) property can be financed with FHA 203K financing, as long as the buyer is buying the property as their primary residence. Condos are eligible but must be in an FHA-approved complex and be one of no more than 4 units in the building. So, if this sounds like somethng that will help you buy a home, whether it is your first home or not, contact me and we can start the search for your dream home. Hi, I'm Lisa Longest and I am a real estate specialist in the Stevensville and surrounding areas and I look forward to helping you with your real estate needs. So feel free to contact me. I look forward to hearing from you. LisaLongest@ExitGoldRealty.com 443.786.4200

What is HAFA? --Stevensville MD

Okay, so all you have to do is listen to the radio, turn on the news, read a local newspaper and realize that there are alot of people in dire situations. Perhaps they have lost income due to job loss, health issues, divorce, etc. They are homeowners and are starting to feel the squeeze with keeping current on their mortgage or perhaps have found themselves already behind in their mortgage. What do they do? Are you one of them? Are you confused as to what to do? Who to talk to? Is there anything you can do? Or should you just walk away and leave it behind? You need the right answer right now, don't you? Before you make that decision, talk to me. Do you realize that right now, there are at least ten different options open to you to help you out of your housing situation? TEN! Surely at least one of them can be used to help YOU. I'm not going through all 10 of them in this blog. If you want to know what they are, I want you to call me so we can discuss them together. However, I am going to talk about a governent program that may help. You have no doubt heard about it but wasn't sure what it is. It is called HAFA (Home Affordable Foreclosure Alternative). I strongly encourage you to watch the video attached to the link to a clear and simple explanation of what this program is about. In 2009, the Treasury Department introduced this program to keep as many homeowners out of foreclosure as they could. It took effect on April 5, 2010 and is to expire December 31, 2012. Yes, within the next couple of months it is to expire. But wait!!!! News update! The HAFA Program has been extended to Dec 31, 2013 with a few changes attached. Quick highlights: Home no longer has to be owner occupied to qualify. $3,000 Relocation payment (but this is limited to owner occupied AND tenant occupied homes) You can now qualify even if you are current on your mortgage. Second Liens? You may receive up to $8500 to cover these. Last but not least....you will have $0 balance and no deficiency judgements after closing. So, do you think maybe, perhaps, this may be what you need? Let's talk about it. Hi, I'm Lisa Longest and I am a CDPE . I put people above profit. I am a real estate professional in the Stevensville and surrounding areas and I look forward to helping you with your real estate needs. So feel free to contact me. I look forward to hearing from you. LisaLongest@ExitGoldRealty.com 443.786.4200

Local Market Report-Stevensville MD

Okay, I'm getting phone calls and emails requesting another update on the communities listed below. If you want me to do give you an idea of the activity in your community, just contact me and I will be glad to assist. Here we go. The communities are in the Stevensville and Chester areas of Maryland. 1. Cloverfields: 16 Active Listings of which 3 are potential Short Sales 3 Under contract of which 1 is a Foreclosure 2 SOLD in last 30 days. 2. Bay City: 9 Active Listings of which 1 is a Potential Short Sale 2 Under Contract of which 1 is a Potential Short Sale 1 SOLD in last 30 days 3. Kent Island Estates: 10 Active Listings of which 1 is a Potential Short Sale and 1 is a REO/Banked Owned 4 Under Contract of which 1 is a Potential Short Sale and 1 is a Foreclosure 0 SOLDS in last 30 days 4. Tower Gardens: 7 Active Listings of which 1 is a Potential Short Sale 2 Under Contractof which 1 is a Potential Short Sale 0 SOLDS in last 30 days 5. Marling Farms: 7 Active Listings of which 2 are Potential Short Sales 2 Under Contract 1 SOLD in last 30 days. 6. Queens Landing: 11 Active Listings of which 1 is a Potential Short Sale and 1 is a Rental 4 Under Contract of which 2 are Potential Short Sales 1 SOLD in last 30 days and it was a Potential Short Sale So there you have it. I hope this helps. Also, visit my website and watch the Market Report Video that is updated on a monthly basis. Not only does it cover real estate, but also job and economic conditions in the area. Hi. I'm Lisa Longest and I specialize in residential real estate in the Stevensville Md and surrounding areas. Call me at 443-786-4200 or email me at LisaLongest@ExitGoldRealty with any of your real estate questions or concerns.

The Foreclosure Fairytale-Stevensville MD

There is a lot of misinformation out there. I would not be surprised to find out that you have heard that a foreclosure is sometimes the best option for you. Nothing could be further from the truth. For the vast majority of homeowners out there who are in danger of losing their homes, a short sale represents a vastly superior option. The reality is that a foreclosure is a devastating option. As a real estate professional in Stevensville Md, with the Certified Distressed Property Expert (CDPE) designation, I have put together all of the benefits of a short sale over a foreclosure in a free report that is available to anyone. Then contact me for a free, confidential consultation. Many in the Stevensville area have taken advantage of selling their homes as a short sale, actually 45 homeowners , and have now begun the process of gaining peace of mind once again. Hi. I’m Lisa Longest with Exit Gold Realty and I specialize in real estate in the Stevensville and surrounding areas. Feel free to contact me at 443-786-4200 or email me at LisaLongest@ExitGoldRealty.com